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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, 2022 $ 21,009,553 $ 491,919 $ 26,742,750 $ (111,001) $ 8,804,950 $ (15,514,097) $ (119,707) $ 714,739
Comprehensive income:                
Net income (loss) 28,361       25,673     2,688
Other comprehensive income (loss) 11,171           8,148 3,023
Total comprehensive income 39,532              
Net change in noncontrolling interests 21,344   (8,304)         29,648
Adjustment to members' interest from change in ownership in Welltower OP 0   (6,139)         6,139
Redemption of OP Units and DownREIT Units 17,355 272 17,515         (432)
Amounts related to stock incentive plans, net of forfeitures 7,540 134 9,330 (1,924)        
Net proceeds from issuance of common stock 410,465 5,603 404,862          
Dividends paid:                
Common stock dividends (301,829)         (301,829)    
Balances at end of period at Mar. 31, 2023 21,203,960 497,928 27,160,014 (112,925) 8,830,623 (15,815,926) (111,559) 755,805
Balances at beginning of period at Dec. 31, 2023 26,081,122 [1] 565,894 32,741,949 (111,578) 9,145,044 (16,773,773) (163,160) 676,746
Comprehensive income:                
Net income (loss) 131,326       127,146     4,180
Other comprehensive income (loss) (23,752)           (17,677) (6,075)
Total comprehensive income 107,574              
Net change in noncontrolling interests (13,091)   (19,282)         6,191
Adjustment to members' interest from change in ownership in Welltower OP 0   (18,852)         18,852
Redemption of OP Units and DownREIT Units 0 19 825         (844)
Amounts related to stock incentive plans, net of forfeitures 8,784 112 11,936 (3,264)        
Net proceeds from issuance of common stock 2,415,133 26,612 2,388,521          
Dividends paid:                
Common stock dividends (352,529)         (352,529)    
Balances at end of period at Mar. 31, 2024 $ 28,246,993 $ 592,637 $ 35,105,097 $ (114,842) $ 9,272,190 $ (17,126,302) $ (180,837) $ 699,050
[1] The consolidated balance sheet at December 31, 2023 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.