Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2015

Mortgage Loans on Real Estate [Abstract]

MORTGAGE LOANS ON REAL ESTATE

Welltower Inc.
Schedule IV - Mortgage Loans on Real Estate
December 31, 2015
							(in thousands)
Location	Segment	Interest Rate	Final Maturity Date		Monthly Payment Terms		Prior Liens		Face Amount of Mortgages		Carrying Amount of Mortgages		Principal Amount of Loans Subject to Delinquent Principal or Interest
First mortgages relating to 1 property located in:
California	Outpatient Medical	6.08%	12/22/17	$	309,681	$	-	$	65,000	$	60,902	$	-
United Kingdom	Triple-Net	7.00%	04/19/18		127,412		-		21,382		21,382		-
United Kingdom	Triple-Net	7.00%	11/21/18		121,437		-		20,497		20,497		-
Massachusetts	Triple-Net	7.86%	12/31/16		35,434		-		21,000		5,316		-
United Kingdom	Triple-Net	7.00%	12/31/19		55,858		-		27,133		9,737		-
United Kingdom	Triple-Net	8.25%	06/11/19		14,973		-		15,262		2,216		-
United Kingdom	Triple-Net	8.00%	07/31/19		4,737		-		22,119		1,629		-
United Kingdom	Triple-Net	8.50%	05/01/16		39,496		-		9,721		6,429		-
United Kingdom	Triple-Net	7.54%	07/31/15		9,437		-		3,097		1,474		-
Oklahoma	Triple-Net	8.42%	10/28/19		59,007		-		11,610		8,719		-
Oregon	Triple-Net	7.10%	05/01/16		1,357		-		225		225		-
Pennsylvania	Triple-Net	7.10%	03/01/16		1,479		-		250		250		-
Texas	Triple-Net	8.00%	02/28/21		53,507		-		7,875		7,875		-
First mortgage relating to multiple properties:
Four properties in the United Kingdom	Triple-Net	7.50%	11/30/19	$	85,135	$	-	$	13,742	$	13,409	$	-
49 properties in seven states	Triple-Net	9.75%	02/28/17		2,589,041		-		360,000		305,833		-
15 properties in eight states	Triple-Net	8.00%	11/30/17		440,877		-		171,090		134,100		-
Second mortgages relating to 1 property located in:
Connecticut	Triple-Net	8.11%	04/01/18	$	39,658	$	16,009	$	5,961	$	5,961	$	-
Texas	Triple-Net	12.17%	05/01/19		31,009		11,489		3,100		3,100		-
Florida	Triple-Net	12.17%	07/01/18		27,008		9,283		2,700		2,700		-
Florida	Triple-Net	12.17%	11/01/18		27,008		11,654		2,700		2,700		-
Indiana	Triple-Net	10.50%	04/01/19		25,264		11,211		2,887		2,887		-
Indiana	Triple-Net	10.50%	04/01/19		17,320		8,202		1,979		1,979		-
Kansas	Triple-Net	10.50%	09/19/19		15,403		1,228		1,760		1,760		-
Texas	Triple-Net	10.50%	11/01/19		17,123		-		1,957		1,957		-
Second mortgage relating to multiple properties:
Five properties in three states	Triple-Net	10.00%	12/30/18	$	212,329	$	51,467	$	25,000	$	12,455	$	-
Totals						$	120,543	$	818,047	$	635,492	$	-

				Year Ended December 31,
				2015		2014		2013
Reconciliation of mortgage loans:				(in thousands)
	Balance at beginning of year		$	188,651	$	146,987	$	87,955
	Additions:
		New mortgage loans		524,088		113,996		68,530
		Draws on existing loans		30,550		26,330		-
	Total additions			554,638		140,326		68,530
	Deductions:
		Collections of principal		(80,552)		(49,974)		(8,790)
		Conversions to real property		(23,288)		(45,836)		-
		Charge-offs		-		-		(2,110)
	Total deductions			(103,840)		(95,810)		(10,900)
	Change in balance due to foreign currency translation			(3,957)		(2,852)		1,402
	Balance at end of year		$	635,492	$	188,651	$	146,987