The company exited second-quarter 2017 with $442.3 million of cash and cash equivalents, down from $466.6 million recorded at the end of the prior-year quarter. In addition, as of Jun 30, 2017, the company had $2.6 billion of available borrowing capacity under its primary unsecured credit facility. Further, at an average price of $72.56, the company generated around $192 million in proceeds under its ATM program. 2017 Outlook Welltower reaffirmed its 2017 normalized FFO per share guidance and expects it to remain in the range of $4.15–$4.25.