2024 Q4 Form 10-Q Financial Statement

#000074026024000248 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.236B
YoY Change 7.52%
Cost Of Revenue $715.0M
YoY Change 8.67%
Gross Profit $521.4M
YoY Change 5.99%
Gross Profit Margin 42.17%
Selling, General & Admin $35.09M
YoY Change 5.39%
% of Gross Profit 6.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $304.3M
YoY Change -17.85%
% of Gross Profit 58.36%
Operating Expenses $322.1M
YoY Change -2.69%
Operating Profit $199.3M
YoY Change 23.86%
Interest Expense $150.4M
YoY Change 1.7%
% of Operating Profit 75.48%
Other Income/Expense, Net -$3.935M
YoY Change -58.28%
Pretax Income $19.10M
YoY Change -124.86%
Income Tax $3.002M
% Of Pretax Income 15.72%
Net Earnings $21.00M
YoY Change -130.18%
Net Earnings / Revenue 1.7%
Basic Earnings Per Share $0.05
Diluted Earnings Per Share $0.05
COMMON SHARES
Basic Shares Outstanding 419.4M shares 413.2M shares
Diluted Shares Outstanding 419.5M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.105B
YoY Change 154.58%
Cash & Equivalents $1.105B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.105B
YoY Change 154.58%
LONG-TERM ASSETS
Property, Plant & Equipment $21.51B
YoY Change -2.62%
Goodwill $1.046B
YoY Change 0.14%
Intangibles
YoY Change
Long-Term Investments $711.3M
YoY Change 7.91%
Other Assets $254.6M
YoY Change 15.55%
Total Long-Term Assets $24.24B
YoY Change -1.18%
TOTAL ASSETS
Total Short-Term Assets $1.105B
Total Long-Term Assets $24.24B
Total Assets $25.35B
YoY Change 1.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.149B
YoY Change 5.39%
Accrued Expenses $329.2M
YoY Change 3.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $57.01M
YoY Change
Total Short-Term Liabilities $1.535B
YoY Change 9.06%
LONG-TERM LIABILITIES
Long-Term Debt $13.61B
YoY Change 1.67%
Other Long-Term Liabilities $5.252M
YoY Change 3.02%
Total Long-Term Liabilities $13.62B
YoY Change 1.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.535B
Total Long-Term Liabilities $13.62B
Total Liabilities $15.19B
YoY Change 2.44%
SHAREHOLDERS EQUITY
Retained Earnings -$6.748B
YoY Change 13.58%
Common Stock $16.57B
YoY Change 5.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.759B
YoY Change
Total Liabilities & Shareholders Equity $25.35B
YoY Change 1.52%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $21.00M
YoY Change -130.18%
Depreciation, Depletion And Amortization $304.3M
YoY Change -17.85%
Cash From Operating Activities $353.7M
YoY Change 23.6%
INVESTING ACTIVITIES
Capital Expenditures $146.9M
YoY Change -7.59%
Acquisitions
YoY Change
Other Investing Activities -$282.6M
YoY Change -294.72%
Cash From Investing Activities -$429.5M
YoY Change 3016.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 624.4M
YoY Change 6277.76%
NET CHANGE
Cash From Operating Activities 353.7M
Cash From Investing Activities -429.5M
Cash From Financing Activities 624.4M
Net Change In Cash 548.6M
YoY Change 94.44%
FREE CASH FLOW
Cash From Operating Activities $353.7M
Capital Expenditures $146.9M
Free Cash Flow $206.8M
YoY Change 62.56%

Facts In Submission

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CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19098000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-76813000 usd
CY2024Q3 vtr Income Loss From Equity Method Investments And Remeasurement Gain On Equity Interest In Acquiree
IncomeLossFromEquityMethodInvestmentsAndRemeasurementGainOnEquityInterestInAcquiree
4629000 usd
CY2024Q3 vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
271000 usd
CY2023Q3 vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
10711000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3002000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1662000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5306000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24318000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49846000 usd
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.07
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
us-gaap Profit Loss
ProfitLoss
54419000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2922000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
29241000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
32163000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
86582000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6118000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
80464000 usd
vtr Adjustments To Equity Redemption Of Limited Partnership Units
AdjustmentsToEquityRedemptionOfLimitedPartnershipUnits
-1596000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9828678000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10221677000 usd
us-gaap Profit Loss
ProfitLoss
54419000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
32163000 usd
vtr Noncontrolling Interest Period Increase Decrease Including Impact To Equity
NoncontrollingInterestPeriodIncreaseDecreaseIncludingImpactToEquity
20048000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.35
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
541745000 usd
vtr Stock Issued During Period Value Share Based Payment Arrangements Restricted Stock Awards And Other After Forfeiture
StockIssuedDuringPeriodValueShareBasedPaymentArrangementsRestrictedStockAwardsAndOtherAfterForfeiture
123852000 usd
vtr Adjustments To Additional Paid In Capital Related To Redeemable Operating Partner Unitholder Interests To Record At Fair Value
AdjustmentsToAdditionalPaidInCapitalRelatedToRedeemableOperatingPartnerUnitholderInterestsToRecordAtFairValue
3852000 usd
vtr Adjustments To Equity Redemption Of Limited Partnership Units
AdjustmentsToEquityRedemptionOfLimitedPartnershipUnits
-51000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9874119000 usd
us-gaap Profit Loss
ProfitLoss
29624000 usd
us-gaap Profit Loss
ProfitLoss
54419000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
957185000 usd
vtr Amortization Of Deferred Revenue And Lease Intangibles
AmortizationOfDeferredRevenueAndLeaseIntangibles
-41194000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
22347000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
15499000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-166000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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us-gaap Share Based Compensation
ShareBasedCompensation
26344000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
25298000 usd
us-gaap Straight Line Rent
StraightLineRent
6469000 usd
us-gaap Straight Line Rent
StraightLineRent
4425000 usd
us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
-672000 usd
us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
6189000 usd
vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
50282000 usd
vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
22317000 usd
us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
2535000 usd
us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-19230000 usd
vtr Gain Loss From Equity Method Investments And Other Items Non Cash Portion
GainLossFromEquityMethodInvestmentsAndOtherItemsNonCashPortion
-5406000 usd
vtr Gain Loss From Equity Method Investments And Other Items Non Cash Portion
GainLossFromEquityMethodInvestmentsAndOtherItemsNonCashPortion
20512000 usd
vtr Gain Loss From Real Estate Operations Foreclosure
GainLossFromRealEstateOperationsForeclosure
0 usd
vtr Gain Loss From Real Estate Operations Foreclosure
GainLossFromRealEstateOperationsForeclosure
29127000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
13639000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
12953000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-681000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
15777000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
122404000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
55339000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-3415000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
3775000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
134295000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9314000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
955984000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
840789000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
519048000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
4625000 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
120695000 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
883000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
275396000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
167296000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
6496000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
44036000 usd
us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
50054000 usd
vtr Proceeds From Real Estate Operations Foreclosure
ProceedsFromRealEstateOperationsForeclosure
0 usd
vtr Proceeds From Real Estate Operations Foreclosure
ProceedsFromRealEstateOperationsForeclosure
11615000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
239564000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
239639000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
194035000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
160369000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2555000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
74670000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
55503000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
97989000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
3523000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
14446000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-141388000 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-6151000 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
6169000 usd
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
0 usd
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
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us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1805446000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2404069000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1539869000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1891003000 usd
vtr Payments For Noncontrolling Interests
PaymentsForNoncontrollingInterests
11064000 usd
vtr Payments For Noncontrolling Interests
PaymentsForNoncontrollingInterests
110000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
34684000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
850561000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
108455000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
551369000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
542236000 usd
vtr Cash Distributions To Redeemable Op Unitholders
CashDistributionsToRedeemableOPUnitholders
4545000 usd
vtr Cash Distributions To Redeemable Op Unitholders
CashDistributionsToRedeemableOPUnitholders
4642000 usd
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
2087000 usd
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
845000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
3646000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
11187000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
14140000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
20867000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10483000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1736000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-17208000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8628000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
489019000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
604128000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
321107000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1893000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-106000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
563462000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170745000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1165697000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
491746000 usd
us-gaap Transfer Of Investments
TransferOfInvestments
10463000 usd
us-gaap Transfer Of Investments
TransferOfInvestments
0 usd
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
1171000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
7873000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
9000000 usd
vtr Noncash Or Part Noncash Acquisition Deferred Income Tax Liabilities Assumed
NoncashOrPartNoncashAcquisitionDeferredIncomeTaxLiabilitiesAssumed
6988000 usd
vtr Noncash Or Part Noncash Acquisition Deferred Income Tax Liabilities Assumed
NoncashOrPartNoncashAcquisitionDeferredIncomeTaxLiabilitiesAssumed
12382000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-69559000 usd
us-gaap Profit Loss
ProfitLoss
29624000 usd
us-gaap Profit Loss
ProfitLoss
54419000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1753000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1565000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5306000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4573000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19243000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-71124000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24318000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49846000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414599000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
402859000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
408691000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401424000 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-71124000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1123338000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
4606000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
19809000 usd
us-gaap Revenues
Revenues
3637209000 usd
us-gaap Revenues
Revenues
3637209000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
19809000 usd
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
2081056000 usd
us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
4956000 usd
vtr Net Operating Income
NetOperatingIncome
1531388000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
19809000 usd
us-gaap Interest Expense
InterestExpense
449629000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
944371000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
121556000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-672000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
16143000 usd
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-166000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10729000 usd
vtr Income Loss From Equity Method Investments And Remeasurement Gain On Equity Interest In Acquiree
IncomeLossFromEquityMethodInvestmentsAndRemeasurementGainOnEquityInterestInAcquiree
-5406000 usd
vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
50282000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7764000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
765000 usd
vtr Income Loss From Equity Method Investments And Remeasurement Gain On Equity Interest In Acquiree
IncomeLossFromEquityMethodInvestmentsAndRemeasurementGainOnEquityInterestInAcquiree
20512000 usd
vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
22317000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14237000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
21351000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
19809000 usd
us-gaap Interest Expense
InterestExpense
449629000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
312142000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
56489000 usd
dei Entity File Number
EntityFileNumber
1-10989
us-gaap Professional Fees
ProfessionalFees
0 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
765000 usd
us-gaap Costs And Expenses
CostsAndExpenses
3644697000 usd
us-gaap Costs And Expenses
CostsAndExpenses
3336082000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7488000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2647000 usd
vtr Income Loss From Equity Method Investments And Remeasurement Gain On Equity Interest In Acquiree
IncomeLossFromEquityMethodInvestmentsAndRemeasurementGainOnEquityInterestInAcquiree
-5406000 usd
vtr Income Loss From Equity Method Investments And Remeasurement Gain On Equity Interest In Acquiree
IncomeLossFromEquityMethodInvestmentsAndRemeasurementGainOnEquityInterestInAcquiree
20512000 usd
vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
22317000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7764000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14237000 usd
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2024Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
50637000 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
419267000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
419267000 shares
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
11580000 usd
CY2024Q3 us-gaap Professional Fees
ProfessionalFees
0 usd
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
0 usd
us-gaap Professional Fees
ProfessionalFees
15751000 usd
CY2023Q3 vtr Income Loss From Equity Method Investments And Remeasurement Gain On Equity Interest In Acquiree
IncomeLossFromEquityMethodInvestmentsAndRemeasurementGainOnEquityInterestInAcquiree
-5119000 usd
vtr Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
50282000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1753000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21603000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9667716000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19243000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
20996000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-22163000 usd
CY2024Q3 vtr Noncontrolling Interest Period Increase Decrease Including Impact To Equity
NoncontrollingInterestPeriodIncreaseDecreaseIncludingImpactToEquity
-22794000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.45
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
190050000 usd
CY2024Q3 vtr Stock Issued During Period Value Share Based Payment Arrangements Restricted Stock Awards And Other After Forfeiture
StockIssuedDuringPeriodValueShareBasedPaymentArrangementsRestrictedStockAwardsAndOtherAfterForfeiture
374979000 usd
CY2024Q3 vtr Adjustments To Additional Paid In Capital Related To Redeemable Operating Partner Unitholder Interests To Record At Fair Value
AdjustmentsToAdditionalPaidInCapitalRelatedToRedeemableOperatingPartnerUnitholderInterestsToRecordAtFairValue
-45594000 usd
CY2024Q3 vtr Adjustments To Equity Redemption Of Limited Partnership Units
AdjustmentsToEquityRedemptionOfLimitedPartnershipUnits
0 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9828678000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10028444000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-69559000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7184000 usd
CY2023Q3 vtr Noncontrolling Interest Period Increase Decrease Including Impact To Equity
NoncontrollingInterestPeriodIncreaseDecreaseIncludingImpactToEquity
10518000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.45
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
181671000 usd
CY2023Q3 vtr Stock Issued During Period Value Share Based Payment Arrangements Restricted Stock Awards And Other After Forfeiture
StockIssuedDuringPeriodValueShareBasedPaymentArrangementsRestrictedStockAwardsAndOtherAfterForfeiture
88436000 usd
CY2023Q3 vtr Adjustments To Additional Paid In Capital Related To Redeemable Operating Partner Unitholder Interests To Record At Fair Value
AdjustmentsToAdditionalPaidInCapitalRelatedToRedeemableOperatingPartnerUnitholderInterestsToRecordAtFairValue
11785000 usd
CY2023Q3 vtr Adjustments To Equity Redemption Of Limited Partnership Units
AdjustmentsToEquityRedemptionOfLimitedPartnershipUnits
18000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9874119000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9544405000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24318000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5306000 usd
us-gaap Profit Loss
ProfitLoss
29624000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6309000 usd
vtr Noncontrolling Interest Period Increase Decrease Including Impact To Equity
NoncontrollingInterestPeriodIncreaseDecreaseIncludingImpactToEquity
5445000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.35
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
558684000 usd
vtr Stock Issued During Period Value Share Based Payment Arrangements Restricted Stock Awards And Other After Forfeiture
StockIssuedDuringPeriodValueShareBasedPaymentArrangementsRestrictedStockAwardsAndOtherAfterForfeiture
877385000 usd
vtr Adjustments To Additional Paid In Capital Related To Redeemable Operating Partner Unitholder Interests To Record At Fair Value
AdjustmentsToAdditionalPaidInCapitalRelatedToRedeemableOperatingPartnerUnitholderInterestsToRecordAtFairValue
-50702000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
944371000 usd
vtr Amortization Of Deferred Revenue And Lease Intangibles
AmortizationOfDeferredRevenueAndLeaseIntangibles
-44543000 usd
us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-840875000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
39225000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
4647000 usd
vtr Settlements Of Loans Receivable
SettlementsOfLoansReceivable
0 usd
vtr Settlements Of Loans Receivable
SettlementsOfLoansReceivable
486082000 usd
vtr Settlements Of Loans Receivable Real Estate Received
SettlementsOfLoansReceivableRealEstateReceived
0 usd
vtr Settlements Of Loans Receivable Real Estate Received
SettlementsOfLoansReceivableRealEstateReceived
1566395000 usd
vtr Real Estate Owned Debt Assumed
RealEstateOwnedDebtAssumed
0 usd
vtr Real Estate Owned Debt Assumed
RealEstateOwnedDebtAssumed
1016804000 usd
us-gaap Nature Of Operations
NatureOfOperations
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1—DESCRIPTION OF BUSINESS </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Ventas, Inc., (together with its consolidated subsidiaries, unless otherwise indicated or except where the context otherwise requires, “we,” “us,” “our,” “Company” and other similar terms) an S&amp;P 500 company, is a real estate investment trust (“REIT”) focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. We hold a portfolio that includes senior housing communities, outpatient medical buildings, research centers, hospitals and healthcare facilities located in North America and the United Kingdom. As of September 30, 2024, we owned or had investments in approximately 1,350 properties (including properties classified as held for sale and unconsolidated properties). Our company is headquartered in Chicago, Illinois with additional corporate offices in Louisville, Kentucky and New York, New York. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code (the “Code”), commencing with our taxable year ended December 31, 1999. Provided we qualify for taxation as a REIT, we generally will not be required to pay U.S. federal corporate income taxes on our REIT taxable income that is currently distributed to our stockholders. In order to maintain our qualification as a REIT, we must satisfy a number of highly technical requirements, which impact how we invest in, operate or manage our assets. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We operate through three reportable business segments: senior housing operating portfolio, which we also refer to as “SHOP,” outpatient medical and research portfolio, which we also refer to as “OM&amp;R,” and triple-net leased properties, which we also refer to as “NNN.” Non-segment assets consist primarily of corporate assets, including cash, restricted cash, loans receivable and investments and miscellaneous accounts receivable as well as investments in unconsolidated entities. Our investments in unconsolidated entities include investments made through our third-party institutional capital management business, Ventas Investment Management (“VIM”). Through VIM, we partner with third-party institutional investors to invest in real estate through various joint ventures and other co-investment vehicles where we are the sponsor or general partner, including our open-ended investment vehicle, the Ventas Life Science &amp; Healthcare Real Estate Fund.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our chief operating decision maker evaluates performance of the combined properties in each reportable segment and determines how to allocate resources to these segments based on net operating income (“NOI”) for each segment. See “Note 16 – Segment Information.” For a discussion of our definition of NOI and for a reconciliation of NOI to our net income attributable to common stockholders, as computed in accordance with U.S. generally accepted accounting principles (“GAAP”), see “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures.”</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes information for our consolidated reportable business segments and non-segment assets for the nine months ended September 30, 2024 (dollars in thousands):</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:48.022%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.350%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Segment</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total NOI </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Percentage of Total NOI</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Number of Consolidated Properties</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Senior housing operating portfolio (SHOP)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">631,706 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.3 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">591 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outpatient medical and research portfolio (OM&amp;R)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">435,938 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">426 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Triple-net leased properties (NNN)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">453,028 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29.6 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">302 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-segment </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,716 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,531,388 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,319 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">______________________________</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">“NOI” is defined as total revenues, less interest and other income, property-level operating expenses and third party capital management expenses. See “Non-GAAP Financial Measures” included elsewhere in this Quarterly Report on Form 10-Q for additional disclosure and a reconciliation of net income attributable to common stockholders, as computed in accordance with GAAP, to NOI.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(2)    </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">NOI for non-segment includes management fees and promote revenues, net of expenses related to our third-party institutional capital management business, income from loans and investments and corporate-level expenses not directly attributable to any of our three reportable business segments.</span></div>
CY2024Q3 vtr Number Of Real Estate Properties Wholly Owned And Unconsolidated
NumberOfRealEstatePropertiesWhollyOwnedAndUnconsolidated
1350 property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
vtr Net Operating Income
NetOperatingIncome
1531388000 usd
vtr Net Operating Income Percent
NetOperatingIncomePercent
1
CY2024Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1319 property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Estimates</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions regarding future events that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2024Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
50637000 usd
CY2024Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
5252000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
56489000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
9243000 usd
CY2024Q3 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecurities
168600000 usd
CY2023Q4 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecurities
54100000 usd
CY2024Q3 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities Amortized Cost
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecuritiesAmortizedCost
172361000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
3810000 usd
CY2024Q3 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecurities
168551000 usd
CY2024Q3 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities Fair Value
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecuritiesFairValue
168800000 usd
CY2023Q4 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities Amortized Cost
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecuritiesAmortizedCost
58114000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
3976000 usd
CY2023Q4 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecurities
54138000 usd
CY2023Q4 vtr Secured Loans Unsecured Loans And Other Available For Sale Securities Fair Value
SecuredLoansUnsecuredLoansAndOtherAvailableForSaleSecuritiesFairValue
53147000 usd
CY2024Q3 us-gaap Real Estate Investments
RealEstateInvestments
622996000 usd
CY2023Q4 us-gaap Real Estate Investments
RealEstateInvestments
598206000 usd
CY2024Q3 vtr Equity Method Investment Ownership Percentage Threshold
EquityMethodInvestmentOwnershipPercentageThreshold
1
CY2024Q3 us-gaap Goodwill
Goodwill
1045955000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1045176000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1271375000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1189817000 usd
CY2024Q3 us-gaap Intangible Assets Net Including Goodwill
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