{"filing":{"accession_number":"0001104659-26-092134","cik":"0000887905","ticker":"LTC","company_name":"LTC PROPERTIES INC","form":"8-K","filing_date":"2026-08-06","report_date":"2026-08-06","primary_document":"tm2622154d2_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/887905/000110465926092134/tm2622154d2_8k.htm"},"events":[{"id":24694,"run_id":22390,"accession_number":"0001104659-26-092134","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.88,"summary":"LTC Properties terminated its prior at-the-market equity distribution agreement and entered into a new Equity Distribution Agreement on August 6, 2026, permitting the issuance and sale of up to $500 million of common stock through sales agents and forward sale agreements. The company intends to use proceeds to pay down debt, fund acquisitions, and support working capital.","company_name":"LTC PROPERTIES INC","ticker":"LTC","filing_date":"2026-08-06","form":"8-K","submitted_at":null,"items":[{"id":25343,"accession_number":"0001104659-26-092134","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"LTC Properties entered into an Equity Distribution Agreement on August 6, 2026, permitting the issuance and sale of up to $500 million of common stock through sales agents and forward sale agreements. The filing explicitly describes an \"at the market\" offering structure with forward sale mechanics, which is a classic dilutive equity issuance. The company intends to use proceeds to pay down debt, fund acquisitions, and support working capital—typical uses for capital raises. This is material to investors as it signals potential dilution and the company's capital needs.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-07T00:38:24.272502+00:00","company_name":"","ticker":null,"filing_date":""},{"id":25344,"accession_number":"0001104659-26-092134","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"LTC Properties terminated its prior at-the-market equity distribution agreement (which had $90 million in unsold capacity) and entered into a new equity distribution agreement involving share forward sale transactions. The new agreement, evidenced by the Master Confirmation, establishes a mechanism for the company to sell shares of common stock at its discretion. This represents a material capital-raising arrangement that could dilute existing shareholders and is a key financing tool for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-07T00:38:24.272502+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":25343,"accession_number":"0001104659-26-092134","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"LTC Properties entered into an Equity Distribution Agreement on August 6, 2026, permitting the issuance and sale of up to $500 million of common stock through sales agents and forward sale agreements. The filing explicitly describes an \"at the market\" offering structure with forward sale mechanics, which is a classic dilutive equity issuance. The company intends to use proceeds to pay down debt, fund acquisitions, and support working capital—typical uses for capital raises. This is material to investors as it signals potential dilution and the company's capital needs.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-07T00:38:24.272502+00:00","company_name":"LTC PROPERTIES INC","ticker":"LTC","filing_date":"2026-08-06"},{"id":25344,"accession_number":"0001104659-26-092134","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"LTC Properties terminated its prior at-the-market equity distribution agreement (which had $90 million in unsold capacity) and entered into a new equity distribution agreement involving share forward sale transactions. The new agreement, evidenced by the Master Confirmation, establishes a mechanism for the company to sell shares of common stock at its discretion. This represents a material capital-raising arrangement that could dilute existing shareholders and is a key financing tool for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-07T00:38:24.272502+00:00","company_name":"LTC PROPERTIES INC","ticker":"LTC","filing_date":"2026-08-06"}]}