XML 47 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9
Equity (Details 3) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Employee Stock Option [Member]    
Stock Based Compensation Plans    
Options granted (in shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
15,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Option exercised (in shares) 0us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
10,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Options granted (in dollars per share)   $ 38.43us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Vesting period   3 years
Value of options exercised   $ 238,000ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodOptionValue
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Market value of options on the date of exercise   390,000ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodMarketValue
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Options outstanding at end of the period (in shares) 43,334us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Options exercisable at end of the period (in shares) 33,334us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Compensation expense related to the vesting of stock awards 4,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
1,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
Remaining compensation expense to be recognized related to the future service period    
2015 11,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearOne
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
2016 15,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearTwo
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
2017 2,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearThree
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Employee Stock Option [Member] | Vesting Through December 31 2015 [Member]    
Stock Based Compensation Plans    
Options scheduled to vest (in shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312015Member
 
Employee Stock Option [Member] | Vesting Through December 31 2016 [Member]    
Stock Based Compensation Plans    
Options scheduled to vest (in shares) 5,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312016Member
 
Employee Stock Option [Member] | Vesting Through December 31 2017 [Member]    
Stock Based Compensation Plans    
Options scheduled to vest (in shares) 5,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312017Member
 
Employee Stock Option [Member] | Vesting Beyond 2017 [Member]    
Stock Based Compensation Plans    
Options scheduled to vest (in shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingBeyond2017Member
 
Restricted Stock [Member]    
Stock Based Compensation Plans    
Compensation expense related to the vesting of stock awards 978,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
665,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
Remaining compensation expense to be recognized related to the future service period    
2015 2,648,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearOne
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
2016 2,227,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearTwo
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
2017 1,162,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearThree
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
2018 $ 81,000ltc_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedYearFour
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Restricted stock activity    
Number of shares cancelled (in shares) 640us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Granted (in shares) 65,750us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
62,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
Outstanding (in shares) 255,815us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Restricted Stock [Member] | Vesting Through December 31 2015 [Member]    
Restricted stock activity    
Expected to vest (in shares) 94,168ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312015Member
 
Restricted Stock [Member] | Vesting Through December 31 2016 [Member]    
Restricted stock activity    
Expected to vest (in shares) 88,360ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312016Member
 
Restricted Stock [Member] | Vesting Through December 31 2017 [Member]    
Restricted stock activity    
Expected to vest (in shares) 51,367ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312017Member
 
Restricted Stock [Member] | Vesting Through December 31, 2018 [Member]    
Restricted stock activity    
Expected to vest (in shares) 21,920ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingThroughDecember312018Member
 
Restricted Stock [Member] | Vesting Beyond 2018 [Member]    
Restricted stock activity    
Expected to vest (in shares) 0ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExpectedToVestOutstandingNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingBeyond2018Member
 
Restricted Stock [Member] | Grant Date Price 44.45 [Member] | Vesting over Three Year Period from Grant Date [Member]    
Stock Based Compensation Plans    
Vesting period 3 years  
Restricted stock activity    
Granted (in shares) 65,750us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingOverThreeYearPeriodFromGrantDateMember
/ ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateSharePriceAxis
= ltc_GrantDatePrice44.45Member
 
Price per share $ 44.45ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardPricePerShareAtGrantDate
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingOverThreeYearPeriodFromGrantDateMember
/ ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateSharePriceAxis
= ltc_GrantDatePrice44.45Member
 
Restricted Stock [Member] | Grant Date Price 36.81 [Member] | Vesting over Three Year Period from Grant Date [Member]    
Stock Based Compensation Plans    
Vesting period   3 years
Restricted stock activity    
Granted (in shares)   59,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingOverThreeYearPeriodFromGrantDateMember
/ ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateSharePriceAxis
= ltc_GrantDatePrice36.81Member
Price per share   $ 36.81ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardPricePerShareAtGrantDate
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingOverThreeYearPeriodFromGrantDateMember
/ ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateSharePriceAxis
= ltc_GrantDatePrice36.81Member
Restricted Stock [Member] | Grant Date Price 38.43 [Member] | Vesting over Three Year Period from Grant Date [Member]    
Stock Based Compensation Plans    
Vesting period   3 years
Restricted stock activity    
Granted (in shares)   3,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingOverThreeYearPeriodFromGrantDateMember
/ ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateSharePriceAxis
= ltc_GrantDatePrice38.43Member
Price per share   $ 38.43ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardPricePerShareAtGrantDate
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ ltc_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrantedVestingDateAxis
= ltc_VestingOverThreeYearPeriodFromGrantDateMember
/ ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateSharePriceAxis
= ltc_GrantDatePrice38.43Member