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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
[1]
Real property owned:      
Land and land improvements   $ 4,839,036 $ 4,697,824
Buildings and improvements   38,540,623 37,796,553
Acquired lease intangibles   2,192,386 2,166,470
Real property held for sale, net of accumulated depreciation   81,033 372,883
Construction in progress   1,474,024 1,304,441
Less accumulated depreciation and amortization   (9,908,007) (9,274,814)
Net real property owned   37,219,095 37,063,357
Right of use assets, net 360,282 350,969
Real estate loans receivable, net of credit allowance   1,791,202 1,361,587
Net real estate investments   39,370,579 38,775,913
Other assets:      
Investments in unconsolidated entities   1,709,558 1,636,531
Goodwill   68,321 68,321
Cash and cash equivalents   2,776,628 1,993,646
Restricted cash   86,970 82,437
Straight-line rent receivable 420,666 443,800
Receivables and other assets   1,101,215 1,011,518
Total other assets   6,163,358 5,236,253
Total assets   45,533,937 44,012,166
Liabilities:      
Unsecured credit facility and commercial paper 0 0
Senior unsecured notes   12,169,775 13,552,222
Secured debt   1,765,992 2,183,327
Lease liabilities 393,670 383,230
Accrued expenses and other liabilities   1,515,921 1,521,660
Total liabilities   15,845,358 17,640,439
Redeemable noncontrolling interests   262,273 290,605
Equity:      
Common stock   609,859 565,894
Capital in excess of par value   36,693,283 32,741,949
Treasury stock   (114,674) (111,578)
Cumulative net income   9,526,904 9,145,044
Cumulative dividends   (17,492,484) (16,773,773)
Accumulated other comprehensive income (loss)   (246,462) (163,160)
Total Welltower Inc. stockholders' equity   28,976,426 25,404,376
Noncontrolling interests   449,880 676,746
Total equity   29,426,306 26,081,122
Total liabilities and equity   $ 45,533,937 $ 44,012,166
[1] The consolidated balance sheet at December 31, 2023 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.