Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2016

Mortgage Loans on Real Estate [Abstract]

MORTGAGE LOANS ON REAL ESTATE

Welltower Inc.
Schedule IV - Mortgage Loans on Real Estate
December 31, 2016
							(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	6.35%	12/22/17	$	348,542	$	-	$	65,000	$	60,500	$	63,553
United Kingdom	Triple-Net	7.25%	11/21/18		105,443		-		17,149		17,149		-
United Kingdom	Triple-Net	7.00%	12/31/19		133,193		-		28,047		22,273		-
United Kingdom	Triple-Net	8.55%	07/01/19		64,706		-		14,122		9,022		-
United Kingdom	Triple-Net	8.00%	07/06/19		48,485		-		18,506		7,202		-
United Kingdom	Triple-Net	8.04%	01/16/18		8,409		-		2,591		1,233		-
United Kingdom	Triple-Net	7.00%	02/28/21		107,010		-		26,074		17,680		-
Oklahoma	Triple-Net	8.72%	11/01/19		85,043		-		11,610		11,486		-
Oregon	Triple-Net	7.10%	05/01/17		1,357		-		225		225		-
Pennsylvania	Triple-Net	7.10%	06/01/17		1,479		-		250		250		-
Texas	Triple-Net	8.00%	02/28/21		53,507		-		7,875		7,875		-
Florida	Triple-Net	8.11%	06/23/21		13,955		-		17,100		2,029		-
First mortgages relating to multiple properties:
3 properties in two states	Triple-Net	10.00%	01/01/22	$	76,331	$	-	$	9,000	$	9,000	$	-
13 properties in Texas	Triple-Net	10.00%	01/01/22		878,820		-		103,620		103,620		-
11 properties in six states	Triple-Net	10.00%	01/01/22		558,025		-		65,796		65,796		-
18 properties in six states	Triple-Net	10.00%	01/01/22		1,175,775		-		138,634		138,634		-
Second mortgages relating to 1 property located in:
Connecticut	Triple-Net	8.11%	04/01/18	$	43,225	$	16,709	$	6,270	$	6,270	$	-
Texas	Triple-Net	12.17%	05/01/19		32,033		11,751		3,100		3,100		-
Texas	Triple-Net	10.00%	12/30/18		20,247		11,186		25,000		2,391		-
Totals						$	39,646	$	559,969	$	485,735	$	63,553

				Year Ended December 31,
				2016		2015		2014
Reconciliation of mortgage loans:				(in thousands)
	Balance at beginning of year		$	635,492	$	188,651	$	146,987
	Additions:
		New mortgage loans		8,223		524,088		113,996
		Draws on existing loans		92,815		30,550		26,330
	Total additions			101,038		554,638		140,326
	Deductions:
		Collections of principal		(191,134)		(80,552)		(49,974)
		Conversions to real property		(45,044)		(23,288)		(45,836)
		Charge-offs		(3,053)		-		-
	Total deductions			(239,231)		(103,840)		(95,810)
	Change in balance due to foreign currency translation			(11,564)		(3,957)		(2,852)
	Balance at end of year		$	485,735	$	635,492	$	188,651