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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
[1]
Real property owned:      
Land and land improvements   $ 4,109,851 $ 3,968,430
Buildings and improvements   32,480,543 31,062,203
Acquired lease intangibles   1,902,141 1,789,628
Real property held for sale, net of accumulated depreciation   177,719 134,097
Construction in progress   900,633 651,389
Less accumulated depreciation and amortization   (7,437,779) (6,910,114)
Net real property owned   32,133,108 30,695,633
Right of use assets, net 324,720 522,796
Real estate loans receivable, net of credit allowance 956,285  
Net real estate investments   33,414,113 32,287,110
Other assets:      
Investments in unconsolidated entities   1,300,975 1,039,043
Goodwill   68,321 68,321
Cash and cash equivalents   363,339 269,265
Restricted cash   78,912 77,490
Straight-line rent receivable 408,575 365,643
Receivables and other assets   939,436 803,453
Total other assets   3,159,558 2,623,215
Total Assets 36,573,671 34,910,325
Liabilities:      
Unsecured credit facility and commercial paper 354,000 324,935
Senior unsecured notes   12,488,718 11,613,758
Secured debt   2,191,826 2,192,261
Lease liabilities 410,717 545,944
Accrued expenses and other liabilities   1,254,497 1,235,554
Total liabilities   16,699,758 15,912,452
Redeemable noncontrolling interests   420,018 401,294
Equity:      
Common stock   464,778 448,605
Capital in excess of par value   24,465,041 23,133,641
Treasury stock   (111,691) (107,750)
Cumulative net income   8,815,446 8,663,736
Cumulative dividends   (14,932,198) (14,380,915)
Accumulated other comprehensive income (loss)   (145,196) (121,316)
Total Welltower Inc. stockholders’ equity   18,556,180 17,636,001
Noncontrolling interests   897,715 960,578
Total equity   19,453,895 18,596,579
Total liabilities and equity $ 36,573,671 $ 34,910,325
[1] The consolidated balance sheet at December 31, 2021 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.