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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Real estate investments:    
Land and improvements $ 2,437,905 $ 2,432,065
Buildings and improvements 26,020,048 25,778,490
Construction in progress 310,456 269,315
Acquired lease intangibles 1,346,190 1,369,747
Operating lease assets 310,307 317,858
Gross real estate investment 30,424,906 30,167,475
Accumulated depreciation and amortization (9,264,456) (8,350,637)
Net real estate property 21,160,450 21,816,838
Secured loans receivable and investments, net 537,075 530,126
Investments in unconsolidated real estate entities 579,949 523,465
Net real estate investments 22,277,474 22,870,429
Cash and cash equivalents 122,564 149,725
Escrow deposits and restricted cash 48,181 46,872
Goodwill 1,044,415 1,046,140
Assets held for sale 44,893 28,399
Deferred income tax assets, net 10,490 11,152
Other assets 609,823 565,069
Total assets 24,157,840 24,717,786
Liabilities:    
Senior notes payable and other debt 12,296,780 12,027,544
Accrued interest 110,542 106,602
Operating lease liabilities 190,440 197,234
Accounts payable and other liabilities 1,031,689 1,090,254
Liabilities related to assets held for sale 6,492 10,850
Deferred income tax liabilities 35,570 59,259
Total liabilities 13,671,513 13,491,743
Redeemable OP unitholder and noncontrolling interests 264,650 280,283
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, 399,707 and 399,420 shares issued at December 31, 2022 and 2021, respectively 99,912 99,838
Capital in excess of par value 15,539,777 15,498,956
Accumulated other comprehensive loss (36,800) (64,520)
Retained earnings (deficit) (5,449,385) (4,679,889)
Treasury stock, 10 and 0 shares issued at December 31, 2022 and 2021, respectively (536) 0
Total Ventas stockholders’ equity 10,152,968 10,854,385
Noncontrolling interests 68,709 91,375
Total equity 10,221,677 10,945,760
Total liabilities and equity $ 24,157,840 $ 24,717,786