Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018		Dec. 31, 2017
Real property owned:
Land and land improvements	$ 2,793,671		$ 2,734,467
Buildings and improvements	25,672,558		25,373,117
Acquired lease intangibles	1,548,621		1,502,471
Real property held for sale, net of accumulated depreciation	368,249		734,147
Construction in progress	180,984		237,746
Gross real property owned	30,564,083		30,581,948
Less accumulated depreciation and amortization	(4,990,780)		(4,838,370)
Net real property owned	25,573,303		25,743,578
Real estate loans receivable:
Real estate loans receivable	436,194		495,871
Allowance for losses on loans receivable	(68,372)		(68,372)
Net real estate loans receivable	367,822		427,499
Net real estate investments	25,941,125		26,171,077
Other assets:
Investments in unconsolidated entities	440,424		445,585
Goodwill	68,321		68,321
Cash and cash equivalents	202,824		243,777
Restricted cash	61,295		65,526
Straight-line rent receivable	406,260		389,168
Receivables and other assets	626,410		560,991
Total other assets	1,805,534		1,773,368
Total assets	27,746,659		27,944,445
Liabilities:
Borrowings under primary unsecured credit facilities, Carrying Value	865,000	[1]	719,000
Senior unsecured notes	7,924,340		8,331,722
Secured debt	2,488,652		2,608,976
Capital lease obligations	71,848		72,238
Accrued expenses and other liabilities	948,618		911,863
Total liabilities	12,298,458		12,643,799
Redeemable noncontrolling interests	388,875		375,194
Equity:
Preferred stock	718,498		718,503
Common stock	372,729		372,449
Capital in excess of par value	17,667,674		17,662,681
Treasury stock	(68,696)		(64,559)
Cumulative net income	5,765,927		5,316,580
Cumulative dividends	(9,807,114)		(9,471,712)
Accumulated other comprehensive income (loss)	(91,253)		(111,465)
Other equity	670		670
Total Welltower Inc. stockholders' equity	14,558,435		14,423,147
Noncontrolling interests	500,891		502,305
Total equity	15,059,326		14,925,452
Total liabilities and equity	$ 27,746,659		$ 27,944,445

[1] As of March 31, 2018, letters of credit in the aggregate amount of $22,365,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.