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Real Estate Property Investments (Tables)
 12 Months Ended
Dec. 31, 2014
Acquisition  
Schedule of other real estate acquisitions

A summary of other real estate acquisitions for the year ended December 31, 2014 follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consideration

 

Assets Acquired

 

 

    

 

 

    

Debt and Other

    

 

 

    

 

 

    

 

 

 

 

 

 

 

 

Liabilities

 

Noncontrolling

 

 

 

 

Net

 

Acquisitions

 

Cash Paid

 

Assumed

 

Interest

 

Real Estate

 

Intangibles

 

Senior housing(1)

 

$
233,797 

 

$
3,351 

 

$
6,321 

(2)  

$
215,255 

    

 
28,214 

 

Life science

 

 
43,500 

 

 
250 

 

 

 —

 

 
41,281 

 

 
2,469 

 

Medical office

 

 
226,173 

 

 
33,677 

 

 

 —

 

 
226,510 

 

 
33,340 

 

 

 

$
503,470 

 

$
37,278 

 

$
6,321 

 

$
483,046 

 

$
64,023 

 

(1)

Includes the acquisition of a $147 million (£88 million) portfolio of 23 care homes in the United Kingdom (“U.K.”).

(2)

Includes $5 million of non-managing member limited liability company units.
Blackstone JV | Senior housing  
Acquisition  
Schedule of unaudited pro forma consolidated results of operations

The following unaudited pro forma consolidated results of operations assume that the Blackstone JV acquisition was completed as of January 1, 2012 (in thousands, except per share amounts):

 

 

 

 

 

 

 

    

December 31, 2012

 

Revenues

 

$
1,966,303 

 

Net income

 

 
870,802 

 

Net income applicable to HCP, Inc.

 

 
856,500 

 

Basic earnings per common share

 

$
1.88 

 

Diluted earnings per common share

 

 
1.88