CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Real estate investments:
Land and improvements	$ 2,261,415	$ 2,285,648
Buildings and improvements	24,323,279	24,386,051
Construction in progress	265,748	461,815
Acquired lease intangibles	1,230,886	1,308,077
Operating lease assets	346,372	385,225
Gross real estate investment	28,427,700	28,826,816
Accumulated depreciation and amortization	7,877,665	7,092,243
Net real estate property	20,550,035	21,734,573
Secured loans receivable and investments, net	605,567	704,612
Investments in unconsolidated real estate entities	443,688	45,022
Net real estate investments	21,599,290	22,484,207
Cash and cash equivalents	413,327	106,363
Escrow deposits and restricted cash	38,313	39,739
Goodwill	1,051,650	1,051,161
Assets held for sale	9,608	85,527
Deferred income tax assets, net	9,987	47,495
Other assets	807,229	877,716
Total assets	23,929,404	24,692,208
Liabilities:
Senior notes payable and other debt	11,895,412	12,158,773
Accrued interest	111,444	111,115
Operating lease liabilities	209,917	251,196
Accounts payable and other liabilities	1,133,066	1,145,939
Liabilities related to assets held for sale	3,246	5,224
Deferred income tax liabilities	62,638	200,831
Total liabilities	13,415,723	13,873,078
Redeemable OP unitholder and noncontrolling interests	235,490	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, 374,609 and 372,811 shares issued at December 31, 2020 and 2019, respectively	93,635	93,185
Capital in excess of par value	14,171,262	14,056,453
Accumulated other comprehensive loss	(54,354)	(34,564)
Retained earnings (deficit)	(4,030,376)	(3,669,050)
Treasury stock, 0 and 2 shares at December 31, 2020 and 2019, respectively	0	(132)
Total Ventas stockholders’ equity	10,180,167	10,445,892
Noncontrolling interests	98,024	99,560
Total equity	10,278,191	10,545,452
Total liabilities and equity	$ 23,929,404	$ 24,692,208
Preferred stock, par value (in dollars per share)	$ 1.00	$ 1
Preferred stock, shares authorized	10,000,000	10,000,000