CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	[1]
Real property owned:
Land and land improvements	$ 3,514,456	$ 3,486,620
Buildings and improvements	29,236,477	29,163,305
Acquired lease intangibles	1,629,662	1,617,051
Real property held for sale, net of accumulated depreciation	729,560	1,253,008
Construction in progress	431,497	507,931
Less accumulated depreciation and amortization	(5,910,979)	(5,715,459)
Net real property owned	29,630,673	30,312,456
Right of use assets, net	523,217	536,433
Real estate loans receivable, net of credit allowance	221,228	270,382
Net real estate investments	30,375,118	31,119,271
Other assets:
Investments in unconsolidated entities	702,497	583,423
Goodwill	68,321	68,321
Cash and cash equivalents	303,423	284,917
Restricted cash	89,643	100,849
Straight-line rent receivable	449,075	466,222
Receivables and other assets	934,951	757,748
Total other assets	2,547,910	2,261,480
Total assets	32,923,028	33,380,751
Liabilities:
Unsecured credit facility and commercial paper	844,985	1,587,597
Senior unsecured notes	10,218,853	10,336,513
Secured debt	2,901,232	2,990,962
Lease liabilities	464,659	473,693
Accrued expenses and other liabilities	997,603	1,009,482
Total liabilities	15,427,332	16,398,247
Redeemable noncontrolling interests	429,359	475,877
Equity:
Common stock	418,226	411,005
Capital in excess of par value	20,818,230	20,190,107
Treasury stock	(86,975)	(78,955)
Cumulative net income	7,659,038	7,353,966
Cumulative dividends	(12,579,535)	(12,223,534)
Accumulated other comprehensive income (loss)	(96,213)	(112,157)
Other equity	12	12
Total Welltower Inc. stockholders’ equity	16,132,783	15,540,444
Noncontrolling interests	933,554	966,183
Total equity	17,066,337	16,506,627
Total liabilities and equity	$ 32,923,028	$ 33,380,751

[1] The consolidated balance sheet at December 31, 2019 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.