CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Real estate investments:
Land and improvements	$ 2,056,428	$ 1,711,654
Buildings and improvements	20,309,599	17,420,392
Construction in progress	92,005	109,689
Acquired lease intangibles	1,344,422	955,035
Gross real estate investment	23,802,454	20,196,770
Accumulated depreciation and amortization	(4,177,234)	(3,423,780)
Net real estate property	19,625,220	16,772,990
Secured loans receivable and investments, net	857,112	802,881
Investments in unconsolidated real estate entities	95,707	91,872
Net real estate investments	20,578,039	17,667,743
Cash and cash equivalents	53,023	55,348
Escrow deposits and restricted cash	77,896	71,771
Goodwill	1,047,497	363,971
Assets held for sale	93,060	2,555,322
Other assets	412,403	451,758
Total assets	22,261,918	21,165,913
Liabilities:
Senior notes payable and other debt	11,206,996	10,844,351
Accrued interest	80,864	62,182
Accounts payable and other liabilities	779,380	750,657
Liabilities related to assets held for sale	34,340	237,973
Deferred income taxes	338,382	344,337
Total liabilities	12,439,962	12,239,500
Redeemable OP unitholder and noncontrolling interests	$ 196,529	$ 172,016
Commitments and contingencies
Ventas stockholders’ equity:
Preferred stock, $1.00 par value; 10,000 shares authorized, unissued	$ 0	$ 0
Common stock, $0.25 par value; 600,000 shares authorized, 334,386 and 298,478 shares issued at December 31, 2015 and 2014, respectively	83,579	74,656
Capital in excess of par value	11,602,838	10,119,306
Accumulated other comprehensive income	(7,565)	13,121
Retained earnings (deficit)	(2,111,958)	(1,526,388)
Treasury stock, 44 and 7 shares at December 31, 2015 and 2014, respectively	(2,567)	(511)
Total Ventas stockholders’ equity	9,564,327	8,680,184
Noncontrolling interest	61,100	74,213
Total equity	9,625,427	8,754,397
Total liabilities and equity	$ 22,261,918	$ 21,165,913