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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real estate investments:    
Land and improvements $ 2,573,598 $ 2,596,274
Buildings and improvements 27,201,303 27,201,381
Construction in progress 416,206 368,143
Acquired lease intangibles 1,440,122 1,448,146
Operating lease assets 318,825 312,142
Gross real estate investments 31,950,054 31,926,086
Accumulated depreciation and amortization (10,399,248) (10,177,136)
Net real estate property 21,550,806 21,748,950
Secured loans receivable and investments, net 29,819 27,986
Investments in unconsolidated real estate entities 601,406 598,206
Net real estate investments 22,182,031 22,375,142
Cash and cash equivalents 632,443 508,794
Escrow deposits and restricted cash 55,966 54,668
Goodwill 1,045,048 1,045,176
Assets held for sale 41,317 56,489
Deferred income tax assets, net 1,767 1,754
Other assets 714,014 683,410
Total assets 24,672,586 24,725,433
Liabilities:    
Senior notes payable and other debt 13,555,194 13,490,896
Accrued interest 123,157 117,403
Operating lease liabilities 202,197 194,734
Accounts payable and other liabilities 1,020,307 1,041,616
Liabilities related to assets held for sale 7,605 9,243
Deferred income tax liabilities 20,249 24,500
Total liabilities 14,928,709 14,878,392
Redeemable OP unitholder and noncontrolling interests 285,044 302,636
Commitments and contingencies
Ventas stockholders’ equity:    
Preferred stock 0 0
Common stock 101,094 100,648
Capital in excess of par value 15,756,414 15,650,734
Accumulated other comprehensive loss (19,554) (35,757)
Retained earnings (deficit) (6,410,144) (6,213,803)
Treasury stock (24,970) (13,764)
Total Ventas stockholders’ equity 9,402,840 9,488,058
Noncontrolling interests 55,993 56,347
Total equity 9,458,833 9,544,405
Total liabilities and equity $ 24,672,586 $ 24,725,433