CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Real estate investments:
Land and improvements	$ 2,256,981	$ 2,283,929
Buildings and improvements	23,959,070	24,380,440
Construction in progress	495,888	461,354
Acquired lease intangibles	1,240,488	1,306,152
Operating lease assets	389,302	385,225
Gross real estate investments	28,341,729	28,817,100
Accumulated depreciation and amortization	(7,448,987)	(7,088,013)
Net real estate investment property	20,892,742	21,729,087
Secured loans receivable and investments, net	681,831	704,612
Investments in unconsolidated real estate entities	166,039	45,022
Net real estate investments	21,740,612	22,478,721
Cash and cash equivalents	992,824	106,363
Escrow deposits and restricted cash	36,312	39,739
Goodwill	1,050,115	1,051,161
Assets held for sale	81,817	91,433
Deferred income tax assets, net	304	47,495
Other assets	687,404	877,296
Total assets	24,589,388	24,692,208
Liabilities:
Senior notes payable and other debt	12,530,036	12,158,773
Accrued interest	117,687	111,115
Operating lease liabilities	248,912	251,196
Accounts payable and other liabilities	998,186	1,145,700
Liabilities related to assets held for sale	5,773	5,463
Deferred income tax liabilities	56,964	200,831
Total liabilities	13,957,558	13,873,078
Redeemable OP unitholder and noncontrolling interests	231,920	273,678
Commitments and contingencies
Ventas stockholders’ equity:
Preferred stock, $1.00 par value; 10,000 shares authorized, unissued	0	0
Common stock, $0.25 par value; 600,000 shares authorized, 373,113 and 372,811 shares issued at June 30, 2020 and December 31, 2019, respectively	93,261	93,185
Capital in excess of par value	14,118,119	14,056,453
Accumulated other comprehensive loss	(82,761)	(34,564)
Retained earnings (deficit)	(3,816,460)	(3,669,050)
Treasury stock, 24 and 2 shares at June 30, 2020 and December 31, 2019, respectively	(947)	(132)
Total Ventas stockholders’ equity	10,311,212	10,445,892
Noncontrolling interests	88,698	99,560
Total equity	10,399,910	10,545,452
Total liabilities and equity	$ 24,589,388	$ 24,692,208