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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real estate investments:    
Land and improvements $ 2,123,266 $ 2,089,591
Buildings and improvements 21,869,961 21,516,396
Construction in progress 213,281 210,599
Acquired lease intangibles 1,532,365 1,510,629
Gross real estate investments 25,738,873 25,327,215
Accumulated depreciation and amortization (5,123,144) (4,932,461)
Net real estate property 20,615,729 20,394,754
Secured loans receivable and investments, net 1,398,417 702,021
Investments in unconsolidated real estate entities 108,976 95,921
Net real estate investments 22,123,122 21,192,696
Cash and cash equivalents 91,284 286,707
Escrow deposits and restricted cash 92,175 80,647
Goodwill 1,033,484 1,033,225
Assets held for sale 61,983 54,961
Other assets 517,283 518,364
Total assets 23,919,331 23,166,600
Liabilities:    
Senior notes payable and other debt 11,943,733 11,127,326
Accrued interest 78,219 83,762
Accounts payable and other liabilities 946,674 907,928
Liabilities related to assets held for sale 1,389 1,462
Deferred income taxes 294,057 316,641
Total liabilities 13,264,072 12,437,119
Redeemable OP unitholder and noncontrolling interests 171,384 200,728
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, 354,863 and 354,125 shares issued at March 31, 2017 and December 31, 2016, respectively 88,698 88,514
Capital in excess of par value 12,944,501 12,917,002
Accumulated other comprehensive loss (53,657) (57,534)
Retained earnings (deficit) (2,564,936) (2,487,695)
Treasury stock, 0 and 1 shares at March 31, 2017 and December 31, 2016, respectively 0 (47)
Total Ventas stockholders’ equity 10,414,606 10,460,240
Noncontrolling interests 69,269 68,513
Total equity 10,483,875 10,528,753
Total liabilities and equity $ 23,919,331 $ 23,166,600