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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Real property owned:      
Land and land improvements   $ 4,030,150 $ 3,968,430
Buildings and improvements   31,724,328 31,062,203
Acquired lease intangibles   1,844,780 1,789,628
Real property held for sale, net of accumulated depreciation   199,490 134,097
Construction in progress   717,657 651,389
Less accumulated depreciation and amortization   (7,215,622) (6,910,114)
Net real property owned   31,300,783 30,695,633
Right of use assets, net 404,689 522,796
Real estate loans receivable, net of credit allowance 1,003,136 1,068,681
Net real estate investments   32,708,608 32,287,110
Other assets:      
Investments in unconsolidated entities   1,138,526 1,039,043
Goodwill   68,321 68,321
Cash and cash equivalents   301,089 269,265
Restricted cash   65,954 77,490
Straight-line rent receivable 385,639 365,643
Receivables and other assets   804,316 803,453
Total other assets   2,763,845 2,623,215
Total Assets 35,472,453 34,910,325
Liabilities:      
Unsecured credit facility and commercial paper 299,968 324,935
Senior unsecured notes   12,136,760 11,613,758
Secured debt   2,104,945 2,192,261
Lease liabilities 548,999 545,944
Accrued expenses and other liabilities   1,203,755 1,235,554
Total liabilities   16,294,427 15,912,452
Redeemable noncontrolling interests   445,960 401,294
Equity:      
Common stock   455,376 448,605
Capital in excess of par value   23,620,112 23,133,641
Treasury stock   (112,518) (107,750)
Cumulative net income   8,725,661 8,663,736
Cumulative dividends   (14,654,583) (14,380,915)
Accumulated other comprehensive income (loss)   (138,472) (121,316)
Total Welltower Inc. stockholders’ equity   17,895,576 17,636,001
Noncontrolling interests   836,490 960,578
Total equity   18,732,066 18,596,579
Total liabilities and equity $ 35,472,453 $ 34,910,325