CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Real estate investments:
Land and improvements	$ 2,114,406	$ 2,151,386
Buildings and improvements	22,437,243	22,216,942
Construction in progress	422,334	344,151
Acquired lease intangibles	1,502,955	1,548,074
Gross real estate investment	26,476,938	26,260,553
Accumulated depreciation and amortization	(6,383,281)	(5,638,099)
Net real estate property	20,093,657	20,622,454
Secured loans receivable and investments, net	495,869	1,346,359
Investments in unconsolidated real estate entities	48,378	123,639
Net real estate investments	20,637,904	22,092,452
Cash and cash equivalents	72,277	81,355
Escrow deposits and restricted cash	59,187	106,898
Goodwill	1,050,548	1,034,644
Assets held for sale	5,454	65,413
Other assets	759,185	573,779
Total assets	22,584,555	23,954,541
Liabilities:
Senior notes payable and other debt	10,733,699	11,276,062
Accrued interest	99,667	93,958
Accounts payable and other liabilities	1,086,030	1,183,489
Liabilities related to assets held for sale	205	60,265
Deferred income taxes	205,219	250,092
Total liabilities	12,124,820	12,863,866
Redeemable OP Unitholder and noncontrolling interests	188,141	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, 356,572 and 356,187 shares issued at December 31, 2018 and 2017, respectively	89,125	89,029
Capital in excess of par value	13,076,528	13,053,057
Accumulated other comprehensive loss	(19,582)	(35,120)
Retained earnings (deficit)	(2,930,214)	(2,240,698)
Treasury stock, 0 and 1 shares at December 31, 2018 and 2017, respectively	0	(42)
Total Ventas stockholders’ equity	10,215,857	10,866,226
Noncontrolling interests	55,737	65,959
Total equity	10,271,594	10,932,185
Total liabilities and equity	$ 22,584,555	$ 23,954,541