Slide 1: Supplemental Operating and Financial Data June 30, 2011
South Hills, PA 67 units Supplemental Operating and Financial Data June 30, 2011 (Unaudited) Monroeville, PA 63 units
Slide 2: Table of Contents
Table of Contents 2 CORPORATE Company Information 3 Additional Information 4 Forward-Looking Statements 5 Non-GAAP Information 5 Acquisitions 6 Real Estate Portfolio Summary 7 Real Estate Portfolio Diversification 8-10 Top Ten Operators - Owned Portfolio 11 Market Capitalization 12 Proforma Market C
Slide 3: Company Information
3 Company Information CORPORATE Andre Dimitriadis Wendy Simpson Edmund King Executive Chairman Timothy Triche, MD Boyd Hendrickson Devra Shapiro Lead Director Andre Dimitriadis Wendy Simpson Pam Kessler Executive Chairman Chief Executive Officer and President Executive Vice President and Chief Finan
Slide 4: Additional Information
4 CORPORATE Additional Information BMO Capital Markets Corp. J.J.B. Hilliard, W.L. Lyons, Inc. JMP Securities, LLC Richard Anderson John Roberts Peter Martin KeyBanc Capital Markets, Inc. RBC Capital Markets Corporation Sandler O'Neill + Partners, L.P. Karin Ford Frank Morgan James Milam Stifel, Nic
Slide 5: Forward-Looking Statements
5 Forward-Looking Statements This supplemental information contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, adopted pursuant to the Private Securities Litigation Reform
Slide 6: Acquisitions: Year 2010 and YTD 2011
6 Acquisitions: Year 2010 and YTD 2011 Newberry, SC 20 licensed beds/93 units Crowley, TX 120 licensed beds (dollars in thousands) REAL ESTATE PORTFOLIO DATE # OF PROPERTIES ASSET CLASS (3) # BEDS/UNITS LOCATION DATE OF CONSTRUCTION PURCHASE PRICE ANNUAL GAAP REVENUE GAAP Lease Yield 01/29/10 1 SNF
Slide 7: Real Estate Portfolio Summary
Real Estate Portfolio Summary Real Estate Portfolio Snapshot “Same Store” Portfolio Statistics (1) “Same Store” Quality Mix (1) Type of Property Gross Investments % of Investments Rental Income (1) Interest Income (2) % of Revenues (3) No. of Props No. of SNF Beds (4) No. of ALF Units (4) No. of ILF
Slide 8: Real Estate Portfolio Diversification
8 Real Estate Portfolio Diversification REAL ESTATE PORTFOLIO Owned and Loan Portfolio – Property and Asset Type Diversification Owned Portfolio – Operator Diversification
Slide 9: Real Estate Portfolio Diversification
9 Real Estate Portfolio Diversification REAL ESTATE PORTFOLIO Owned and Loan Portfolio – Property and Asset Type Diversification Owned Portfolio – Operator Diversification (1) Includes rental income from continuing and discontinued operations and interest income from mortgage loans. (dollars in thou
Slide 10: Real Estate Portfolio Diversification
10 Real Estate Portfolio Diversification REAL ESTATE PORTFOLIO State Diversification – By Property Type (1) Due to master leases with properties in multiple states, revenue by state is not available. State (1) Texas 55 182,317 $ 24.8% Florida 18 70,345 9.6% Ohio 17 56,804 7.7% New Mexico 7 48,876 6.
Slide 11: Top Ten Operators – Owned Portfolio
11 Top Ten Operators – Owned Portfolio REAL ESTATE PORTFOLIO Sunrise Senior Living (NYSE: SRZ) operates 319 communities in the United States, Canada and the United Kingdom, with a total capacity of approximately 31,200 units. Sunrise offers a full range of personalized senior living services, includ
Slide 12: Market Capitalization
12 Market Capitalization (1) In the 2nd quarter of 2011, the Company entered into a new $210.0 million revolving commitment with a $40.0 million accordion feature, with no scheduled maturities other than the maturity date of April 18, 2015. (2) Non-traded shares. Two million shares outstanding with
Slide 13: Proforma Market Capitalization
13 Proforma Market Capitalization FINANCIAL (1) In the 2nd quarter of 2011, the Company entered into a $210.0 million revolving commitment with a $40.0 million accordion feature, with no scheduled maturities other than the maturity date of April 18, 2015. Subsequent to June 30, 2011, the Company bor
Slide 14: Lease and Mortgage Loan Receivable Maturity
14 Lease and Mortgage Loan Receivable Maturity LTC’s investment portfolio has a long-term weighted roll-over maturity schedule. Over 77% of the portfolio has lease expirations beyond 2016. Over 44% of outstanding mortgage loans mature after 2016. (as a % of total gross owned investments and mortgage
Slide 15: Debt Maturity - Proforma
15 Debt Maturity - Proforma (in thousands) FINANCIAL (amounts in thousands) (1) Reflects scheduled principal payments for amortizing of debt. In the 2nd quarter of 2011, the Company entered into a $210.0 million revolving commitment with a $40.0 million accordion feature, with no scheduled maturitie
Slide 16: Financial Data Summary
16 Financial Data Summary FINANCIAL (Dollars in thousands) (1) Proforma includes $5.0 million borrowing under our revolving line of credit for the purchase of a 140-bed skilled nursing property and the sale to Prudential of $50.0 million aggregate principal amount of 4.8% senior unsecured term notes
Slide 17: Financial Data Summary
17 Financial Data Summary FINANCIAL FINANCIAL (Amounts in thousands) Non-Cash Rental Revenue Components (1) Proforma includes $5.0 million borrowing under our revolving line of credit for the purchase of a 140-bed skilled nursing property and the sale to Prudential of $50.0 million aggregate princip
Slide 18: Consolidated Statements of Income
Consolidated Statements of Income 18 FINANCIAL (Amounts in thousands, except per share amounts) (unaudited) 2011 2010 2011 2010 Revenues Rental income $19,337 $15,790 $37,517 $31,128 Interest from mortgage loans 1,613 1,836 3,269 3,815 Interest and other income 230 299 647 574 Total revenues 21,180
Slide 19: Consolidated Balance Sheets
Consolidated Balance Sheets 19 FINANCIAL (Amounts in thousands) June 30, 2011 December 31, 2010 June 30, 2011 December 31, 2010 (unaudited) (unaudited) (unaudited) (unaudited) ASSETS LIABILITIES Land 48,230 $ 43,031 $ Bank borrowings 70,000 $ 37,700 $ Buildings and improvements 625,945 567,017 Senio
Slide 20: Funds from Operations
Funds from Operations 20 FINANCIAL (Amounts in thousands, except per share amounts)) 2011 2010 2011 2010 Net income available to common stockholders $ 11,311 $ 7,739 $ 16,704 $ 14,433 Add: Depreciation and amortization (continuing and discontinued operations) 4,987 4,014 9,508 7,874 FFO available to