| USD ($) $ in Thousands | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Real property owned: | |||||||||||||||
Land and land improvements | $ 6,681,131 | $ 5,271,418 | $ 4,697,824 | ||||||||||||
Buildings and improvements | 52,058,099 | 42,207,735 | 37,796,553 | ||||||||||||
Acquired lease intangibles | 2,845,686 | 2,548,766 | 2,166,470 | ||||||||||||
Real property held for sale, net of accumulated depreciation | 1,450,137 | 51,866 | 372,883 | ||||||||||||
Construction in progress | 738,859 | 1,219,720 | 1,304,441 | ||||||||||||
Gross real property owned | - | - | - | ||||||||||||
Less accumulated depreciation and amortization | 10,350,621 | 10,626,263 | 9,274,814 | ||||||||||||
Net real property owned | 53,423,291 | 40,673,242 | 37,063,357 | ||||||||||||
Right of use assets, net | 2,158,045 | 1,201,131 | 350,969 | ||||||||||||
Investments in sales-type leases, net | 497,963 | 172,260 | - | ||||||||||||
Real estate loans receivable: | |||||||||||||||
Real estate loans receivable | - | - | - | ||||||||||||
Less allowance for losses on loans receivable | - | - | - | ||||||||||||
Real estate loans receivable, net of credit allowance | 1,831,210 | 1,805,044 | 1,361,587 | ||||||||||||
Net real estate investments | 57,910,509 | 43,851,677 | 38,775,913 | ||||||||||||
Other assets: | |||||||||||||||
Investments in unconsolidated entities | 1,809,590 | 1,768,772 | 1,636,531 | ||||||||||||
Goodwill | - | - | 68,321 | ||||||||||||
Deferred loan expenses | - | - | - | ||||||||||||
Cash and cash equivalents | 5,033,678 | 3,506,586 | 1,993,646 | ||||||||||||
Restricted cash | 175,861 | 204,871 | 82,437 | ||||||||||||
Straight-line rent receivable | - | - | 443,800 | ||||||||||||
Receivables and other assets | 2,373,409 | 1,712,402 | 1,011,518 | ||||||||||||
Total other assets | 9,392,538 | 7,192,631 | 5,236,253 | ||||||||||||
Total other assets | - | - | - | ||||||||||||
Total assets | 67,303,047 | 51,044,308 | 44,012,166 | ||||||||||||
Liabilities and equity | |||||||||||||||
Liabilities: | |||||||||||||||
Unsecured credit facility and commercial paper | 0 | 0 | 0 | ||||||||||||
Senior unsecured notes | 16,383,522 | 13,162,102 | 13,552,222 | ||||||||||||
Secured debt | 2,813,780 | 2,338,155 | 2,183,327 | ||||||||||||
Lease liabilities | 2,182,993 | 1,258,099 | 383,230 | ||||||||||||
Accrued expenses and other liabilities | 2,719,813 | 1,713,366 | 1,521,660 | ||||||||||||
Capital lease obligations | - | - | - | ||||||||||||
Total liabilities | 24,100,108 | 18,471,722 | 17,640,439 | ||||||||||||
Redeemable noncontrolling interests | 263,223 | 256,220 | 290,605 | ||||||||||||
Equity: | |||||||||||||||
Preferred stock | - | - | - | ||||||||||||
Common stock | 696,621 | 637,002 | 565,894 | ||||||||||||
Capital in excess of par value | 50,898,707 | 40,016,503 | 32,741,949 | ||||||||||||
Treasury stock | 14,405 | 114,176 | 111,578 | ||||||||||||
Cumulative net income | 11,033,569 | 10,096,724 | 9,145,044 | ||||||||||||
Cumulative dividends | 20,197,353 | 18,320,064 | 16,773,773 | ||||||||||||
Accumulated other comprehensive income (loss) | (287,641) | (359,781) | (163,160) | ||||||||||||
Other equity | - | - | - | ||||||||||||
Other equity | - | - | - | ||||||||||||
Total Welltower Inc. stockholders’ equity | 42,129,498 | 31,956,208 | 25,404,376 | ||||||||||||
Noncontrolling interests | 810,218 | 360,158 | 676,746 | ||||||||||||
Total equity | 42,939,716 | 32,316,366 | 26,081,122 | ||||||||||||
Total liabilities and equity | $ 67,303,047 | $ 51,044,308 | $ 44,012,166 |