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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Real property owned:      
Land and land improvements   $ 5,075,391 $ 4,697,824 [1]
Buildings and improvements   40,646,767 37,796,553 [1]
Acquired lease intangibles   2,268,889 2,166,470 [1]
Real property held for sale, net of accumulated depreciation   110,689 372,883 [1]
Construction in progress   1,374,996 1,304,441 [1]
Less accumulated depreciation and amortization   (10,276,509) (9,274,814) [1]
Net real property owned   39,200,223 37,063,357 [1]
Right of use assets, net 358,160 350,969 [1]
Investments in sales-type leases, net 469,260 0
Real estate loans receivable, net of credit allowance   1,840,453 1,361,587 [1]
Net real estate investments   41,868,096 38,775,913 [1]
Other assets:      
Investments in unconsolidated entities   1,742,836 1,636,531 [1]
Goodwill   68,321 68,321 [1]
Cash and cash equivalents   3,564,942 1,993,646 [1]
Restricted cash   219,466 82,437 [1]
Straight-line rent receivable 518,387 443,800 [1]
Receivables and other assets   971,650 1,011,518 [1]
Total other assets   7,085,602 5,236,253 [1]
Total assets   48,953,698 44,012,166 [1]
Liabilities:      
Unsecured credit facility and commercial paper 0 0 [1]
Senior unsecured notes   13,295,096 13,552,222 [1]
Secured debt   2,468,527 2,183,327 [1]
Lease liabilities 392,360 383,230 [1]
Accrued expenses and other liabilities   1,733,712 1,521,660 [1]
Total liabilities   17,889,695 17,640,439 [1]
Redeemable noncontrolling interests   270,182 290,605 [1]
Equity:      
Common stock   620,107 565,894 [1]
Capital in excess of par value   37,949,035 32,741,949 [1]
Treasury stock   (114,876) (111,578) [1]
Cumulative net income   9,976,753 9,145,044 [1]
Cumulative dividends   (17,901,600) (16,773,773) [1]
Accumulated other comprehensive income (loss)   (195,138) (163,160) [1]
Total Welltower Inc. stockholders' equity   30,334,281 25,404,376 [1]
Noncontrolling interests   459,540 676,746 [1]
Total equity   30,793,821 26,081,122 [1]
Total liabilities and equity   $ 48,953,698 $ 44,012,166 [1]
[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.