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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Real property owned:      
Land and land improvements   $ 3,386,072 $ 3,486,620
Buildings and improvements   27,782,471 29,163,305
Acquired lease intangibles   1,509,053 1,617,051
Real property held for sale, net of accumulated depreciation   362,886 1,253,008
Construction in progress   414,833 507,931
Less accumulated depreciation and amortization   (6,002,775) (5,715,459)
Net real property owned   27,452,540 30,312,456
Right of use assets, net 480,861 536,433
Real estate loans receivable, net of credit allowance 414,706 270,382
Net real estate investments   28,348,107 31,119,271
Other assets:      
Investments in unconsolidated entities   822,586 583,423
Goodwill   68,321 68,321
Cash and cash equivalents   1,603,740 284,917
Restricted cash   551,593 100,849
Straight-line rent receivable 334,203 466,222
Receivables and other assets   813,047 757,748
Total other assets   4,193,490 2,261,480
Total Assets 32,541,597 33,380,751
Liabilities:      
Unsecured credit facility and commercial paper 0 1,587,597
Senior unsecured notes   11,321,573 10,336,513
Secured debt   2,459,659 2,990,962
Lease liabilities 427,842 473,693
Accrued expenses and other liabilities   1,041,368 1,009,482
Total liabilities   15,250,442 16,398,247
Redeemable noncontrolling interests   330,053 475,877
Equity:      
Common stock   418,361 411,005
Capital in excess of par value   20,835,022 20,190,107
Treasury stock   (94,022) (78,955)
Cumulative net income   8,163,869 7,353,966
Cumulative dividends   (13,088,891) (12,223,534)
Accumulated other comprehensive income (loss)   (126,469) (112,157)
Other equity   4 12
Total Welltower Inc. stockholders’ equity   16,107,874 15,540,444
Noncontrolling interests   853,228 966,183
Total equity   16,961,102 16,506,627
Total liabilities and equity $ 32,541,597 $ 33,380,751