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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
[1]
Real property owned:      
Land and land improvements   $ 3,448,542 $ 3,440,650
Buildings and improvements   28,124,236 28,024,971
Acquired lease intangibles   1,516,971 1,500,030
Real property held for sale, net of accumulated depreciation   592,699 216,613
Construction in progress   458,844 487,742
Less accumulated depreciation and amortization   (6,415,676) (6,104,297)
Net real property owned   27,725,616 27,565,709
Right of use assets, net 453,621 465,866
Real estate loans receivable, net of credit allowance 1,097,299 443,372
Net real estate investments   29,276,536 28,474,947
Other assets:      
Investments in unconsolidated entities   1,020,112 946,234
Goodwill   68,321 68,321
Cash and cash equivalents   513,602 1,545,046
Restricted cash   295,102 475,997
Straight-line rent receivable 331,381 344,066
Receivables and other assets   671,062 629,031
Total other assets   2,899,580 4,008,695
Total Assets 32,176,116 32,483,642
Liabilities:      
Unsecured credit facility and commercial paper 0 0
Senior unsecured notes   11,157,732 11,420,790
Secured debt   2,304,178 2,377,930
Lease liabilities 409,628 418,266
Accrued expenses and other liabilities   1,061,370 1,041,594
Total liabilities   14,932,908 15,258,580
Redeemable noncontrolling interests   392,379 343,490
Equity:      
Common stock   423,933 418,691
Capital in excess of par value   21,161,838 20,823,145
Treasury stock   (108,633) (104,490)
Cumulative net income   8,425,401 8,327,598
Cumulative dividends   (13,854,145) (13,343,721)
Accumulated other comprehensive income (loss)   (127,948) (148,504)
Total Welltower Inc. stockholders’ equity   15,920,446 15,972,719
Noncontrolling interests   930,383 908,853
Total equity   16,850,829 16,881,572
Total liabilities and equity $ 32,176,116 $ 32,483,642
[1] Note: The consolidated balance sheet at December 31, 2020 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.