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CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Capital in Excess of Par Value
Treasury Stock
Cumulative Net Income
Cumulative Dividends
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Balances at beginning of period at Dec. 31, 2020 $ 16,881,572 $ 418,691 $ 20,823,145 $ (104,490) $ 8,327,598 $ (13,343,721) $ (148,504) $ 908,853
Comprehensive income:                
Net income (loss) 71,369       71,546     (177)
Other comprehensive income (loss) 24,097           20,368 3,729
Total comprehensive income 95,466              
Net change in noncontrolling interests (34,516)   (14,250)         (20,266)
Amounts related to stock incentive plans, net of forfeitures 3,539 175 5,393 (2,029)        
Net proceeds from issuance of common stock (92)   (92)          
Dividends paid:                
Common stock dividends (254,952)         (254,952)    
Balances at end of period at Mar. 31, 2021 16,691,017 418,866 20,814,196 (106,519) 8,399,144 (13,598,673) (128,136) 892,139
Comprehensive income:                
Net income (loss) 45,952       26,257     19,695
Other comprehensive income (loss) 3,107           188 2,919
Total comprehensive income 49,059              
Net change in noncontrolling interests (1,747)   (17,377)         15,630
Amounts related to stock incentive plans, net of forfeitures 2,441 51 4,504 (2,114)        
Net proceeds from issuance of common stock 365,531 5,016 360,515          
Dividends paid:                
Common stock dividends (255,472)         (255,472)    
Balances at end of period at Jun. 30, 2021 16,850,829 423,933 21,161,838 (108,633) 8,425,401 (13,854,145) (127,948) 930,383
Comprehensive income:                
Net income (loss) 190,133       179,663     10,470
Other comprehensive income (loss) 18,575           24,771 (6,196)
Total comprehensive income 208,708              
Net change in noncontrolling interests (18,957)   (4,013)         (14,944)
Amounts related to stock incentive plans, net of forfeitures 5,090 3 4,932 155        
Net proceeds from issuance of common stock 998,806 12,704 986,102          
Dividends paid:                
Common stock dividends (261,560)         (261,560)    
Balances at end of period at Sep. 30, 2021 17,782,916 436,640 22,148,859 (108,478) 8,605,064 (14,115,705) (103,177) 919,713
Balances at beginning of period at Dec. 31, 2021 18,596,579 [1] 448,605 23,133,641 (107,750) 8,663,736 (14,380,915) (121,316) 960,578
Comprehensive income:                
Net income (loss) 64,677       61,925     2,752
Other comprehensive income (loss) (15,691)           (17,156) 1,465
Total comprehensive income 48,986              
Net change in noncontrolling interests (191,331)   (63,026)         (128,305)
Amounts related to stock incentive plans, net of forfeitures 2,677 166 7,279 (4,768)        
Net proceeds from issuance of common stock 548,823 6,605 542,218          
Dividends paid:                
Common stock dividends (273,668)         (273,668)    
Balances at end of period at Mar. 31, 2022 18,732,066 455,376 23,620,112 (112,518) 8,725,661 (14,654,583) (138,472) 836,490
Comprehensive income:                
Net income (loss) 94,194       89,785     4,409
Other comprehensive income (loss) (21,840)           (6,724) (15,116)
Total comprehensive income 72,354              
Net change in noncontrolling interests 112,033   (6,760)         118,793
Adjustment to members' interest from change in ownership in Welltower OP 0   46,861         (46,861)
Amounts related to stock incentive plans, net of forfeitures 7,398 20 6,551 827        
Net proceeds from issuance of common stock 807,659 9,382 798,277          
Dividends paid:                
Common stock dividends (277,615)         (277,615)    
Balances at end of period at Jun. 30, 2022 19,453,895 464,778 24,465,041 (111,691) 8,815,446 (14,932,198) (145,196) 897,715
Comprehensive income:                
Net income (loss) (3,892)       (6,768)     2,876
Other comprehensive income (loss) 46,900           69,929 (23,029)
Total comprehensive income 43,008              
Net change in noncontrolling interests 10,401   (2,400)         12,801
Adjustment to members' interest from change in ownership in Welltower OP 0   2,779         (2,779)
Redemption of OP units 0 5 201         (206)
Amounts related to stock incentive plans, net of forfeitures 6,073 3 6,151 (81)        
Net proceeds from issuance of common stock 826,804 9,144 817,660          
Dividends paid:                
Common stock dividends (283,496)         (283,496)    
Balances at end of period at Sep. 30, 2022 $ 20,056,685 $ 473,930 $ 25,289,432 $ (111,772) $ 8,808,678 $ (15,215,694) $ (75,267) $ 887,378
[1] The consolidated balance sheet at December 31, 2021 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.