Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016
Real property owned:
Land and land improvements	$ 2,746,483		$ 2,591,071
Buildings and improvements	25,399,178		24,496,153
Acquired lease intangibles	1,436,041		1,402,884
Real property held for sale, net of accumulated depreciation	141,319		1,044,859
Construction in progress	321,655		506,091
Gross real property owned	30,044,676		30,041,058
Less accumulated depreciation and amortization	(4,568,408)		(4,093,494)
Net real property owned	25,476,268		25,947,564
Real estate loans receivable:
Real estate loans receivable	520,479		622,628
Allowance for losses on loans receivable	(5,811)		(6,563)
Net real estate loans receivable	514,668		616,065
Net real estate investments	25,990,936		26,563,629
Other assets:
Investments in unconsolidated entities	425,489		457,138
Goodwill	68,321		68,321
Cash and cash equivalents	442,284		419,378
Restricted cash	45,357		187,842
Straight-line rent receivable	370,819		342,578
Receivables and other assets	632,580		826,298
Total other assets	1,984,850		2,301,555
Total assets	27,975,786		28,865,184
Liabilities:
Borrowings under primary unsecured credit facilities, Carrying Value	385,000	[1]	645,000
Senior unsecured notes	8,250,940		8,161,619
Secured debt	2,670,914		3,477,699
Capital lease obligations	73,092		73,927
Accrued expenses and other liabilities	893,441		827,034
Total liabilities	12,273,387		13,185,279
Redeemable noncontrolling interests	388,876		398,433
Equity:
Preferred stock	718,750		1,006,250
Common stock	369,525		363,071
Capital in excess of par value	17,439,977		16,999,691
Treasury stock	(62,335)		(54,741)
Cumulative net income	5,330,702		4,803,575
Cumulative dividends	(8,805,336)		(8,144,981)
Accumulated other comprehensive income (loss)	(163,624)		(169,531)
Other equity	1,173		3,059
Total Welltower Inc. stockholders' equity	14,828,832		14,806,393
Noncontrolling interests	484,691		475,079
Total equity	15,313,523		15,281,472
Total liabilities and equity	$ 27,975,786		$ 28,865,184

[1] As of June 30, 2017, letters of credit in the aggregate amount of $32,456,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.