Schedule IV - Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]


Welltower Inc.
Schedule IV - Mortgage Loans on Real Estate
December 31, 2024
			(in thousands)
Location	Interest Rate	Final Maturity Date	Periodic Payment Terms	Prior Liens		Face Amount of Mortgages		Carrying Amount of Mortgages		Principal Amount of Loans Subject to Delinquent Principal or Interest
First mortgages related to multiple properties located in:
United States - AZ, CA, SC	10.00%	2027	Interest until maturity; Interest paid-in-kind until maturity	$	—	$	468,095	$	459,211	$	—



United Kingdom	12.40%	2028	Interest until maturity; Interest paid-in-kind until maturity	—		767,848		745,978		—

United States - MT, NV, OR, SD, WA, WY	8.00%	2026	Interest only until maturity	—		40,000		39,277		—
United States - MT, NV, OR, SD, WA, WY	13.65%	2026	Interest only until maturity	—		170,000		166,929		—
First mortgages less than three percent of total:
United States - AZ, GA, KS, NV, NY, OH, SC, TX, UT, WA, Canada - ON	6% - 17.16%	2025 - 2034	N/A	N/A		N/A		109,108		—

Totals				$	—	$	1,445,943	$	1,520,503	$	—


	Year Ended December 31,
	2024		2023		2022
Reconciliation of mortgage loans:	(in thousands)
Balance at beginning of year	$	1,043,252	$	697,906	$	877,102
Additions:
Advances on loans	513,380		313,877		33,555
Other additions (1)	84,886		39,768		49,932
Total additions	598,266		353,645		83,487

Deductions:
Collection of principal	(84,824)		(42,415)		(181,040)
Other deductions (2)	(15,608)		—		—
Change in allowance for credit losses and charge-offs	(5,858)		(4,706)		2,894

Total deductions	(106,290)		(47,121)		(178,146)
Change in balance due to foreign currency translation	(14,725)		38,822		(84,537)
Balance at end of year	$	1,520,503	$	1,043,252	$	697,906

(1) Includes interest added to principal. The year ended December 31, 2024 also includes existing loans for which a first mortgage interest was obtained.

(2) Includes loans satisfied by a conversion to real property owned.