CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Revenues:
Rental and related revenues	$ 285,476	$ 241,151
Tenant recoveries	24,203	22,650
Resident fees and services	36,891	36,179
Income from direct financing leases	156,870	154,535
Interest income	12,386	819
Investment management fee income	443	493
Total revenues	516,269	455,827
Costs and expenses:
Interest expense	109,351	103,752
Depreciation and amortization	104,717	85,280
Operating	73,605	67,333
General and administrative	20,744	20,089
Total costs and expenses	308,417	276,454
Other income, net	12,012	436
Income before income taxes and equity income from unconsolidated joint ventures	219,864	179,809
Income taxes	(881)	709
Equity income from unconsolidated joint ventures	14,801	13,675
Income from continuing operations	233,784	194,193
Discontinued operations:
Loss before gain on sales of real estate		(485)
Gain on sales of real estate		2,856
Total discontinued operations		2,371
Net income	233,784	196,564
Noncontrolling interests' share in earnings	(3,199)	(3,184)
Net income attributable to HCP, Inc.	230,585	193,380
Preferred stock dividends		(17,006)
Participating securities' share in earnings	(478)	(1,117)
Net income applicable to common shares	$ 230,107	$ 175,257
Basic earnings per common share:
Continuing operations (in dollars per share)	$ 0.51	$ 0.42
Discontinued operations (in dollars per share)		$ 0.01
Net income applicable to common shares (in dollars per share)	$ 0.51	$ 0.43
Diluted earnings per common share:
Continuing operations (in dollars per share)	$ 0.51	$ 0.42
Discontinued operations (in dollars per share)		$ 0.01
Net income applicable to common shares (in dollars per share)	$ 0.51	$ 0.43
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	453,651	410,018
Diluted (in shares)	454,613	411,661
Dividends declared per common share (in dollars per share)	$ 0.525	$ 0.50