CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	[1]
Real property owned:
Land and land improvements	$ 3,337,234	$ 3,205,091
Buildings and improvements	28,691,274	28,019,502
Acquired lease intangibles	1,589,138	1,581,159
Real property held for sale, net of accumulated depreciation	1,704,206	590,271
Construction in progress	363,160	194,365
Less accumulated depreciation and amortization	(5,539,435)	(5,499,958)
Net real property owned	30,145,577	28,090,430
Right of use assets, net	550,342
Real estate loans receivable, net of allowance	368,994	330,339
Net real estate investments	31,064,913	28,420,769
Other assets:
Investments in unconsolidated entities	519,387	482,914
Goodwill	68,321	68,321
Cash and cash equivalents	268,666	215,376
Restricted cash	91,052	100,753
Straight-line rent receivable	419,501	367,093
Receivables and other assets	716,857	686,846
Total other assets	2,083,784	1,921,303
Total assets	33,148,697	30,342,072
Liabilities:
Unsecured credit facility and commercial paper	1,869,188	1,147,000
Senior unsecured notes	10,606,106	9,603,299
Secured debt	2,675,507	2,476,177
Lease liabilities	469,029	70,668
Accrued expenses and other liabilities	1,076,061	1,034,283
Total liabilities	16,695,891	14,331,427
Redeemable noncontrolling interests	483,234	424,046
Equity:
Preferred stock	0	718,498
Common stock	406,014	384,465
Capital in excess of par value	19,740,145	18,424,368
Treasury stock	(74,042)	(68,499)
Cumulative net income	6,539,766	6,121,534
Cumulative dividends	(11,516,994)	(10,818,557)
Accumulated other comprehensive income (loss)	(100,622)	(129,769)
Other equity	188	294
Total Welltower Inc. stockholders’ equity	14,994,455	14,632,334
Noncontrolling interests	975,117	954,265
Total equity	15,969,572	15,586,599
Total liabilities and equity	$ 33,148,697	$ 30,342,072

[1] The consolidated balance sheet at December 31, 2018 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.