CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Real estate investments:
Land and improvements	$ 2,124,231	$ 2,151,386
Buildings and improvements	22,065,202	22,216,942
Construction in progress	408,313	344,151
Acquired lease intangibles	1,510,698	1,548,074
Gross real estate investments	26,108,444	26,260,553
Accumulated depreciation and amortization	(5,972,774)	(5,638,099)
Net real estate property	20,135,670	20,622,454
Secured loans receivable and investments, net	526,553	1,346,359
Investments in unconsolidated real estate entities	101,490	123,639
Net real estate investments	20,763,713	22,092,452
Cash and cash equivalents	93,684	81,355
Escrow deposits and restricted cash	64,419	106,898
Goodwill	1,034,274	1,034,644
Assets held for sale	15,567	65,413
Other assets	727,477	573,779
Total assets	22,699,134	23,954,541
Liabilities:
Senior notes payable and other debt	10,402,897	11,276,062
Accrued interest	93,112	93,958
Accounts payable and other liabilities	1,133,902	1,183,489
Liabilities related to assets held for sale	896	60,265
Deferred income taxes	240,941	250,092
Total liabilities	11,871,748	12,863,866
Redeemable OP Unitholder and noncontrolling interests	149,817	158,490
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, 356,412 and 356,187 shares issued at June 30, 2018 and December 31, 2017, respectively	89,085	89,029
Capital in excess of par value	13,068,399	13,053,057
Accumulated other comprehensive loss	(10,861)	(35,120)
Retained earnings (deficit)	(2,529,102)	(2,240,698)
Treasury stock, 11 and 1 shares at June 30, 2018 and December 31, 2017, respectively	(573)	(42)
Total Ventas stockholders’ equity	10,616,948	10,866,226
Noncontrolling interests	60,621	65,959
Total equity	10,677,569	10,932,185
Total liabilities and equity	$ 22,699,134	$ 23,954,541