CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Real property owned:
Land and land improvements	$ 3,397,055	$ 3,440,650
Buildings and improvements	27,667,188	28,024,971
Acquired lease intangibles	1,506,823	1,500,030
Real property held for sale, net of accumulated depreciation	564,062	216,613
Construction in progress	542,302	487,742
Less accumulated depreciation and amortization	(6,212,432)	(6,104,297)
Net real property owned	27,464,998	27,565,709
Right of use assets, net	454,787	465,866
Real estate loans receivable, net of credit allowance	487,674	443,372
Net real estate investments	28,407,459	28,474,947
Other assets:
Investments in unconsolidated entities	1,020,010	946,234
Goodwill	68,321	68,321
Cash and cash equivalents	2,131,846	1,545,046
Restricted cash	426,976	475,997
Straight-line rent receivable	312,721	344,066
Receivables and other assets	624,918	629,031
Total other assets	4,584,792	4,008,695
Total Assets	32,992,251	32,483,642
Liabilities:
Senior unsecured notes	12,183,710	11,420,790
Secured debt	2,329,474	2,377,930
Lease liabilities	408,916	418,266
Accrued expenses and other liabilities	1,023,219	1,041,594
Total liabilities	15,945,319	15,258,580
Redeemable noncontrolling interests	355,915	343,490
Equity:
Common stock	418,866	418,691
Capital in excess of par value	20,814,196	20,823,145
Treasury stock	(106,519)	(104,490)
Cumulative net income	8,399,144	8,327,598
Cumulative dividends	(13,598,673)	(13,343,721)
Accumulated other comprehensive income (loss)	(128,136)	(148,504)
Total Welltower Inc. stockholders’ equity	15,798,878	15,972,719
Noncontrolling interests	892,139	908,853
Total equity	16,691,017	16,881,572
Total liabilities and equity	$ 32,992,251	$ 32,483,642