Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016
Real property owned:
Land and land improvements		$ 2,734,467	$ 2,591,071
Buildings and improvements		25,373,117	24,496,153
Acquired lease intangibles		1,502,471	1,402,884
Real property held for sale, net of accumulated depreciation		734,147	1,044,859
Construction in progress		237,746	506,091
Gross real property owned		30,581,948	30,041,058
Less accumulated depreciation and amortization		(4,838,370)	(4,093,494)
Net real property owned		25,743,578	25,947,564
Real estate loans receivable:
Real estate loans receivable		495,871	622,628
Less allowance for losses on loans receivable		(68,372)	(6,563)
Net real estate loans receivable		427,499	616,065
Net real estate investments		26,171,077	26,563,629
Other assets:
Investments in unconsolidated entities		445,585	457,138
Goodwill		68,321	68,321
Cash and cash equivalents		243,777	419,378
Restricted cash		65,526	187,842
Straight-line rent receivable		389,168	342,578
Receivables and other assets		560,991	826,298
Total other assets		1,773,368	2,301,555
Total assets		27,944,445	28,865,184
Liabilities:
Borrowings under unsecured lines of credit arrangements	[1]	719,000	645,000
Senior unsecured notes		8,331,722	8,161,619
Secured debt		2,608,976	3,477,699
Capital lease obligations		72,238	73,927
Accrued expenses and other liabilities		911,863	827,034
Total liabilities		12,643,799	13,185,279
Redeemable noncontrolling interests		375,194	398,433
Equity:
Preferred stock		718,503	1,006,250
Stock common		372,449	363,071
Capital in excess of par value		17,662,681	16,999,691
Treasury stock		(64,559)	(54,741)
Cumulative net income		5,316,580	4,803,575
Cumulative dividends		(9,471,712)	(8,144,981)
Accumulated other comprehensive income		(111,465)	(169,531)
Other equity		670	3,059
Total Welltower, Inc. stockholders' equity		14,423,147	14,806,393
Noncontrolling interests		502,305	475,079
Total equity		14,925,452	15,281,472
Total liabilities and equity		$ 27,944,445	$ 28,865,184

[1] As of December 31, 2017, letters of credit in the aggregate amount of $22,365,000 have been issued, which reduce the available borrowing capacity on our primary unsecured revolving credit facility.