CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Real estate investments:
Land and improvements	$ 2,630,480	$ 2,437,905
Buildings and improvements	27,438,274	26,020,048
Construction in progress	387,194	310,456
Acquired lease intangibles	1,498,639	1,346,190
Operating lease assets	321,344	310,307
Gross real estate investments	32,275,931	30,424,906
Accumulated depreciation and amortization	(9,792,822)	(9,264,456)
Net real estate property	22,483,109	21,160,450
Secured loans receivable and investments, net	27,749	537,075
Investments in unconsolidated real estate entities	629,184	579,949
Net real estate investments	23,140,042	22,277,474
Cash and cash equivalents	138,648	122,564
Escrow deposits and restricted cash	71,699	48,181
Goodwill	1,045,147	1,044,415
Assets held for sale	21,027	44,893
Deferred income tax assets, net	6,980	10,490
Other assets	647,319	609,823
Total assets	25,070,862	24,157,840
Liabilities:
Senior notes payable and other debt	13,354,740	12,296,780
Accrued interest	112,788	110,542
Operating lease liabilities	200,968	190,440
Accounts payable and other liabilities	1,069,590	1,031,689
Liabilities related to assets held for sale	2,959	6,492
Deferred income tax liabilities	29,702	35,570
Total liabilities	14,770,747	13,671,513
Redeemable OP unitholder and noncontrolling interests	271,671	264,650
Commitments and contingencies
Ventas stockholders’ equity:
Preferred stock	0	0
Common stock	100,206	99,912
Capital in excess of par value	15,584,858	15,539,777
Accumulated other comprehensive loss	(14,552)	(36,800)
Retained earnings (deficit)	(5,688,499)	(5,449,385)
Treasury stock	(13,631)	(536)
Total Ventas stockholders’ equity	9,968,382	10,152,968
Noncontrolling interests	60,062	68,709
Total equity	10,028,444	10,221,677
Total liabilities and equity	$ 25,070,862	$ 24,157,840