CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues:
Rental and related revenues	$ 280,616	$ 244,603	$ 565,251	$ 484,859
Tenant recoveries	25,146	23,581	49,349	46,231
Resident fees and services	37,590	35,569	74,481	71,748
Income from direct financing leases	158,286	154,976	315,156	309,511
Interest income	14,147	1,216	26,533	2,035
Investment management fee income	499	470	942	963
Total revenues	516,284	460,415	1,031,712	915,347
Costs and expenses:
Interest expense	108,716	102,354	218,006	206,044
Depreciation and amortization	110,686	84,873	215,314	170,062
Operating	74,814	70,076	148,419	137,409
General and administrative	24,073	14,801	44,744	34,884
Total costs and expenses	318,289	272,104	626,483	548,399
Other income, net	3,240	1,028	15,303	1,462
Income before income taxes and equity income from unconsolidated joint ventures	201,235	189,339	420,532	368,410
Income taxes	(1,654)	(171)	(2,530)	541
Equity income from unconsolidated joint ventures	15,585	15,732	30,386	29,407
Income from continuing operations	215,166	204,900	448,388	398,358
Discontinued operations:
Income before gain on sales of real estate	672	75	1,234	325
Gain on sales of real estate	887		887	2,856
Total discontinued operations	1,559	75	2,121	3,181
Net income	216,725	204,975	450,509	401,539
Noncontrolling interests' share in earnings	(3,324)	(2,951)	(6,523)	(6,135)
Net income attributable to HCP, Inc.	213,401	202,024	443,986	395,404
Preferred stock dividends				(17,006)
Participating securities' share in earnings	(378)	(557)	(856)	(1,674)
Net income applicable to common shares	$ 213,023	$ 201,467	$ 443,130	$ 376,724
Basic earnings per common share:
Continuing operations (in dollars per share)	$ 0.47	$ 0.48	$ 0.97	$ 0.90
Discontinued operations (in dollars per share)			$ 0.01	$ 0.01
Net income applicable to common shares (in dollars per share)	$ 0.47	$ 0.48	$ 0.98	$ 0.91
Diluted earnings per common share:
Continuing operations (in dollars per share)	$ 0.47	$ 0.48	$ 0.97	$ 0.90
Net income applicable to common shares (in dollars per share)	$ 0.47	$ 0.48	$ 0.97	$ 0.90
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	454,618	420,468	454,137	415,243
Diluted (in shares)	455,431	421,671	455,024	416,666
Dividends declared per common share (in dollars per share)	$ 0.525	$ 0.50	$ 1.05	$ 1.00