XML 128 R59.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Numerator        
Income from continuing operations $ 215,166 $ 204,900 $ 448,388 $ 398,358
Noncontrolling interests' share in continuing operations (3,324) (2,951) (6,523) (6,135)
Income from continuing operations applicable to HCP, Inc. 211,842 201,949 441,865 392,223
Preferred stock dividends       (17,006)
Participating securities' share in continuing operations (378) (557) (856) (1,674)
Income from continuing operations applicable to common shares 211,464 201,392 441,009 373,543
Discontinued operations 1,559 75 2,121 3,181
Net income applicable to common shares $ 213,023 $ 201,467 $ 443,130 $ 376,724
Denominator        
Basic weighted average common shares 454,618,000 420,468,000 454,137,000 415,243,000
Dilutive potential common shares 813,000 1,203,000 887,000 1,423,000
Diluted weighted average common shares 455,431,000 421,671,000 455,024,000 416,666,000
Basic earnings per common share        
Income from 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        
Income from 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
Common stock options
       
Diluted earnings per common share        
Shares of anti-dilutive securities excluded from earnings per share calculation 500,000 1,000,000    
Restricted Stock and Performance Restricted Stock Units
       
Diluted earnings per common share        
Shares of anti-dilutive securities excluded from earnings per share calculation 2,900 21,000    
Down REIT
       
Diluted earnings per common share        
Shares of anti-dilutive securities excluded from earnings per share calculation 6,000,000 5,800,000    
DownREIT LLCs, non-managing member units outstanding 3,900,000 4,100,000