CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Real estate investments:
Land and improvements	$ 2,434,312	$ 2,437,905
Buildings and improvements	26,078,611	26,020,048
Construction in progress	335,879	310,456
Acquired lease intangibles	1,345,415	1,346,190
Operating lease assets	309,113	310,307
Gross real estate investments	30,503,330	30,424,906
Accumulated depreciation and amortization	(9,504,021)	(9,264,456)
Net real estate property	20,999,309	21,160,450
Secured loans receivable and investments, net	501,004	537,075
Investments in unconsolidated real estate entities	606,006	579,949
Net real estate investments	22,106,319	22,277,474
Cash and cash equivalents	145,357	122,564
Escrow deposits and restricted cash	49,924	48,181
Goodwill	1,044,699	1,044,415
Assets held for sale	20,233	44,893
Deferred income tax assets, net	10,889	10,490
Other assets	616,747	609,823
Total assets	23,994,168	24,157,840
Liabilities:
Senior notes payable and other debt	12,342,506	12,296,780
Accrued interest	93,543	110,542
Operating lease liabilities	189,911	190,440
Accounts payable and other liabilities	1,007,437	1,031,689
Liabilities related to assets held for sale	4,412	6,492
Deferred income tax liabilities	31,871	35,570
Total liabilities	13,669,680	13,671,513
Redeemable OP unitholder and noncontrolling interests	259,886	264,650
Commitments and contingencies
Ventas stockholders’ equity:
Preferred stock	0	0
Common stock	100,065	99,912
Capital in excess of par value	15,562,017	15,539,777
Accumulated other comprehensive loss	(40,469)	(36,800)
Retained earnings (deficit)	(5,611,067)	(5,449,385)
Treasury stock	(13,555)	(536)
Total Ventas stockholders’ equity	9,996,991	10,152,968
Noncontrolling interests	67,611	68,709
Total equity	10,064,602	10,221,677
Total liabilities and equity	$ 23,994,168	$ 24,157,840