Welltower Inc. Files Q2 2024 10-Q
Ticker: WELL · Form: 10-Q · Filed: 2024-07-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, real estate, REIT
TL;DR
WELL Q2 10-Q filed. Financials updated.
AI Summary
Welltower Inc. filed its 10-Q for the period ending June 30, 2024. The company, formerly known as Health Care REIT Inc., reported on its financial performance and business operations. Key financial data and disclosures related to its real estate investment trust activities are detailed within the filing.
Why It Matters
This filing provides investors with an update on Welltower's financial health and strategic positioning in the real estate sector, particularly within healthcare-related properties.
Risk Assessment
Risk Level: medium — As a real estate investment trust, Welltower is subject to market fluctuations, interest rate changes, and tenant-specific risks.
Key Numbers
- 20240630 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 1231 — Fiscal Year End (Specifies the end of the company's fiscal year.)
Key Players & Entities
- WELLTOWER INC. (company) — Filer of the 10-Q
- HEALTH CARE REIT INC /DE/ (company) — Former name of Welltower Inc.
- 20240630 (date) — End of the reporting period
- 4500 DORR STREET (address) — Business and mailing address
- TOLEDO (location) — City of business and mailing address
- OH (location) — State of business and mailing address
- 43615 (postal_code) — ZIP code of business and mailing address
FAQ
What is the primary business of Welltower Inc.?
Welltower Inc. is a real estate investment trust (REIT) as indicated by its Standard Industrial Classification code [6798].
When was the company's name changed?
The company's name was changed from HEALTH CARE REIT INC /DE/ on 19920703.
What is the filing date of this 10-Q?
The filing date for this 10-Q is 20240730.
What is the reporting period for this 10-Q?
The conformed period of report is 20240630, indicating the end of the second quarter of 2024.
Where is Welltower Inc. headquartered?
Welltower Inc.'s business and mailing address is 4500 DORR STREET, TOLEDO, OH 43615.
From the Filing
0000766704-24-000033.txt : 20240730 0000766704-24-000033.hdr.sgml : 20240730 20240730073727 ACCESSION NUMBER: 0000766704-24-000033 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 108 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240730 DATE AS OF CHANGE: 20240730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLTOWER INC. CENTRAL INDEX KEY: 0000766704 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 341096634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-08923 FILM NUMBER: 241154416 BUSINESS ADDRESS: STREET 1: 4500 DORR STREET CITY: TOLEDO STATE: OH ZIP: 43615 BUSINESS PHONE: 419-247-2800 MAIL ADDRESS: STREET 1: 4500 DORR STREET CITY: TOLEDO STATE: OH ZIP: 43615 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH CARE REIT INC /DE/ DATE OF NAME CHANGE: 19920703 10-Q 1 well-20240630.htm 10-Q well-20240630 0000766704 false 2024 Q2 December 31 P1Y http://www.welltower.com/20240630#LeaseRightOfUseAsset http://www.welltower.com/20240630#LeaseRightOfUseAsset http://www.welltower.com/20240630#LeaseRightOfUseAsset http://www.welltower.com/20240630#LeaseRightOfUseAsset http://www.welltower.com/20240630#ReceivablesAndOtherAssets http://www.welltower.com/20240630#ReceivablesAndOtherAssets http://www.welltower.com/20240630#LeaseLiability http://www.welltower.com/20240630#LeaseLiability http://www.welltower.com/20240630#LeaseLiability http://www.welltower.com/20240630#LeaseLiability P3Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure well:property well:joint_venture well:project well:loan well:properties well:partner well:bank iso4217:CAD well:Term well:term iso4217:GBP well:obligation well:segment 0000766704 2024-01-01 2024-06-30 0000766704 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0000766704 well:GuaranteeNotesDue20284800Member 2024-01-01 2024-06-30 0000766704 well:GuaranteeNotesDue20344500Member 2024-01-01 2024-06-30 0000766704 2024-07-26 0000766704 2024-06-30 0000766704 2023-12-31 0000766704 2024-04-01 2024-06-30 0000766704 2023-04-01 2023-06-30 0000766704 2023-01-01 2023-06-30 0000766704 us-gaap:CommonStockMember 2023-12-31 0000766704 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000766704 us-gaap:TreasuryStockCommonMember 2023-12-31 0000766704 us-gaap:RetainedEarningsUnappropriatedMember 2023-12-31 0000766704 well:AccumulatedDistributionsMember 2023-12-31 0000766704 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000766704 us-gaap:NoncontrollingInterestMember 2023-12-31 0000766704 us-gaap:RetainedEarningsUnappropriatedMember 2024-01-01 2024-03-31 0000766704 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0000766704 2024-01-01 2024-03-31 0000766704 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000766704 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000766704 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000766704 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0000766704 well:AccumulatedDistributionsMember 2024-01-01 2024-03-31 0000766704 us-gaap:CommonStockMember 2024-03-31 0000766704 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000766704 us-gaap:TreasuryStockCommonMember 2024-03-31 0000766704 us-gaap:RetainedEarningsUnappropriatedMember 2024-03-31 0000766704 well:AccumulatedDistributionsMember 2024-03-31 0000766704 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000766704 us-gaap:NoncontrollingInterestMember 2024-03-31 0000766704 2024-03-31 0000766704 us-gaap:RetainedEarningsUnappropriatedMember 2024-04-01 2024-06-30 0000766704 us-gaap:NoncontrollingInterestMember 2024-04-01 2024-06-30 0000766704 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0000766704 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0000766704 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0000766704 us-gaap:TreasuryStockCommonMember 2024-04-0