CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Real estate investments:
Land and improvements	$ 2,280,877	$ 2,114,406
Buildings and improvements	24,459,114	22,437,243
Construction in progress	432,713	422,334
Acquired lease intangibles	1,334,915	1,502,955
Operating lease assets	388,480	0
Gross real estate investments	28,896,099	26,476,938
Accumulated depreciation and amortization	(6,964,061)	(6,383,281)
Net real estate investment property	21,932,038	20,093,657
Secured loans receivable and investments, net	709,714	495,869
Investments in unconsolidated real estate entities	45,905	48,378
Net real estate investments	22,687,657	20,637,904
Cash and cash equivalents	148,063	72,277
Escrow deposits and restricted cash	60,533	59,187
Goodwill	1,049,985	1,050,548
Assets held for sale	4,520	5,454
Other assets	852,795	759,185
Total assets	24,803,553	22,584,555
Liabilities:
Senior notes payable and other debt	12,053,184	10,733,699
Accrued interest	85,214	99,667
Operating lease liabilities	249,237	0
Accounts payable and other liabilities	1,194,162	1,086,030
Liabilities related to assets held for sale	1,531	205
Deferred income taxes	147,524	205,219
Total liabilities	13,730,852	12,124,820
Redeemable OP unitholder and noncontrolling interests	236,792	188,141
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, 372,726 and 356,572 shares issued at September 30, 2019 and December 31, 2018, respectively	93,164	89,125
Capital in excess of par value	14,017,030	13,076,528
Accumulated other comprehensive loss	(59,857)	(19,582)
Retained earnings (deficit)	(3,384,421)	(2,930,214)
Treasury stock, 3 and 0 shares at September 30, 2019 and December 31, 2018, respectively	(210)	0
Total Ventas stockholders’ equity	10,665,706	10,215,857
Noncontrolling interests	170,203	55,737
Total equity	10,835,909	10,271,594
Total liabilities and equity	$ 24,803,553	$ 22,584,555