CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total		Common Stock	Capital in Excess of Par Value	Treasury Stock	Cumulative Net Income	Cumulative Dividends	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interests
Balances at beginning of period at Dec. 31, 2021	$ 18,596,579		$ 448,605	$ 23,133,641	$ (107,750)	$ 8,663,736	$ (14,380,915)	$ (121,316)	$ 960,578
Comprehensive income:
Net income (loss)	64,677					61,925			2,752
Other comprehensive income (loss)	(15,691)							(17,156)	1,465
Total comprehensive income	48,986
Net change in noncontrolling interests	(191,331)			(63,026)					(128,305)
Amounts related to stock incentive plans, net of forfeitures	2,677		166	7,279	(4,768)
Net proceeds from issuance of common stock	548,823		6,605	542,218
Dividends paid:
Common stock dividends	(273,668)						(273,668)
Balances at end of period at Mar. 31, 2022	18,732,066		455,376	23,620,112	(112,518)	8,725,661	(14,654,583)	(138,472)	836,490
Balances at beginning of period at Dec. 31, 2022	21,009,553	[1]	491,919	26,742,750	(111,001)	8,804,950	(15,514,097)	(119,707)	714,739
Comprehensive income:
Net income (loss)	28,361					25,673			2,688
Other comprehensive income (loss)	11,171							8,148	3,023
Total comprehensive income	39,532
Net change in noncontrolling interests	21,344			(8,304)					29,648
Adjustment to members' interest from change in ownership in Welltower OP	0			(6,139)					6,139
Redemption of OP Units and DownREIT Units	17,355		272	17,515					(432)
Amounts related to stock incentive plans, net of forfeitures	7,540		134	9,330	(1,924)
Net proceeds from issuance of common stock	410,465		5,603	404,862
Dividends paid:
Common stock dividends	(301,829)						(301,829)
Balances at end of period at Mar. 31, 2023	$ 21,203,960		$ 497,928	$ 27,160,014	$ (112,925)	$ 8,830,623	$ (15,815,926)	$ (111,559)	$ 755,805

[1] The consolidated balance sheet at December 31, 2022 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.