LTC Properties announced its Q1 2021 results, with a net income of $13.6 million, or $0.35 per diluted share, and FFO of $24.3 million, or $0.62 per diluted share. These figures represent a decrease compared to the same period in 2020, which saw a net income of $63.4 million, or $1.60 per diluted share, and FFO of $29.2 million, or $0.74 per diluted share.
Net income available to common stockholders was $13.6 million, or $0.35 per diluted share.
Funds from Operations (FFO) was $24.3 million, or $0.62 per diluted share.
Funds available for distribution (FAD) was $24.6 million.
First quarter 2021 results were impacted by unspecified items.
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