Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017		Dec. 31, 2016
Real property owned:
Land and land improvements	$ 2,806,586		$ 2,591,071
Buildings and improvements	26,010,364		24,496,153
Acquired lease intangibles	1,492,279		1,402,884
Real property held for sale, net of accumulated depreciation	70,995		1,044,859
Construction in progress	344,742		506,091
Gross real property owned	30,724,966		30,041,058
Less accumulated depreciation and amortization	(4,826,418)		(4,093,494)
Net real property owned	25,898,548		25,947,564
Real estate loans receivable:
Real estate loans receivable	496,850		622,628
Allowance for losses on loans receivable	(5,406)		(6,563)
Net real estate loans receivable	491,444		616,065
Net real estate investments	26,389,992		26,563,629
Other assets:
Investments in unconsolidated entities	407,507		457,138
Goodwill	68,321		68,321
Cash and cash equivalents	236,247		419,378
Restricted cash	59,064		187,842
Straight-line rent receivable	393,142		342,578
Receivables and other assets	626,106		826,298
Total other assets	1,790,387		2,301,555
Total assets	28,180,379		28,865,184
Liabilities:
Borrowings under primary unsecured credit facilities, Carrying Value	420,000	[1]	645,000
Senior unsecured notes	8,315,395		8,161,619
Secured debt	2,713,513		3,477,699
Capital lease obligations	72,684		73,927
Accrued expenses and other liabilities	1,027,375		827,034
Total liabilities	12,548,967		13,185,279
Redeemable noncontrolling interests	386,748		398,433
Equity:
Preferred stock	718,503		1,006,250
Common stock	371,012		363,071
Capital in excess of par value	17,564,805		16,999,691
Treasury stock	(62,363)		(54,741)
Cumulative net income	5,416,427		4,803,575
Cumulative dividends	(9,138,346)		(8,144,981)
Accumulated other comprehensive income (loss)	(141,240)		(169,531)
Other equity	1,127		3,059
Total Welltower Inc. stockholders' equity	14,729,925		14,806,393
Noncontrolling interests	514,739		475,079
Total equity	15,244,664		15,281,472
Total liabilities and equity	$ 28,180,379		$ 28,865,184

[1] As of September 30, 2017, letters of credit in the aggregate amount of $25,576,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.