Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016		Dec. 31, 2015
Real property owned:
Land and land improvements	$ 2,537,508		$ 2,563,445
Buildings and improvements	25,293,007		25,522,542
Acquired lease intangibles	1,345,424		1,350,585
Real property held for sale, net of accumulated depreciation	501,192		169,950
Construction in progress	475,203		258,968
Gross real property owned	30,152,334		29,865,490
Less accumulated depreciation and amortization	(4,109,585)		(3,796,297)
Net real property owned	26,042,749		26,069,193
Real estate loans receivable:
Net real estate loans receivable	647,677		819,492
Net real estate investments	26,690,426		26,888,685
Other assets:
Investments in unconsolidated entities	543,068		542,281
Goodwill	68,321		68,321
Cash and cash equivalents	466,585		360,908
Restricted cash	58,440		61,782
Straight-line rent receivable	449,617		395,562
Receivables and other assets	688,044		706,306
Total other assets	2,274,075		2,135,160
Total assets	28,964,501		29,023,845
Liabilities:
Borrowings under primary unsecured credit facilities, Carrying Value	745,000	[1]	835,000
Senior unsecured notes	8,711,790		8,548,055
Secured debt	3,442,178		3,509,142
Capital lease obligations	74,759		75,489
Accrued expenses and other liabilities	728,080		697,191
Total liabilities	13,701,807		13,664,877
Redeemable noncontrolling interests	394,126		183,083
Equity:
Preferred stock	1,006,250		1,006,250
Common stock	357,950		354,811
Capital in excess of par value	16,625,186		16,478,300
Treasury stock	(51,288)		(44,372)
Cumulative net income	4,102,919		3,725,772
Cumulative dividends	(7,491,922)		(6,846,056)
Accumulated other comprehensive income (loss)	(159,638)		(88,243)
Other equity	3,917		4,098
Total Welltower Inc. stockholders' equity	14,393,374		14,590,560
Noncontrolling interests	475,194		585,325
Total equity	14,868,568		15,175,885
Total liabilities and equity	$ 28,964,501		$ 29,023,845

[1] (1) As of June 30, 2016, letters of credit in the aggregate amount of $48,930,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.