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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Rental and related revenues $ 1,174,256us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 1,128,054us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 997,767us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Tenant recoveries 110,688us-gaap_TenantReimbursements 100,649us-gaap_TenantReimbursements 94,626us-gaap_TenantReimbursements
Resident fees and services 241,965us-gaap_HealthCareOrganizationResidentServiceRevenue 146,288us-gaap_HealthCareOrganizationResidentServiceRevenue 139,073us-gaap_HealthCareOrganizationResidentServiceRevenue
Income from direct financing leases 663,070us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue 636,881us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue 622,073us-gaap_CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
Interest income 74,491us-gaap_InterestIncomeOperating 86,159us-gaap_InterestIncomeOperating 24,536us-gaap_InterestIncomeOperating
Investment management fee income 1,809us-gaap_ManagementFeesRevenue 1,847us-gaap_ManagementFeesRevenue 1,895us-gaap_ManagementFeesRevenue
Total revenues 2,266,279us-gaap_Revenues 2,099,878us-gaap_Revenues 1,879,970us-gaap_Revenues
Costs and expenses:      
Interest expense 439,742us-gaap_InterestExpense 435,252us-gaap_InterestExpense 416,172us-gaap_InterestExpense
Depreciation and amortization 459,995us-gaap_DepreciationAndAmortization 423,312us-gaap_DepreciationAndAmortization 353,704us-gaap_DepreciationAndAmortization
Operating 384,603us-gaap_CostOfRealEstateRevenue 298,282us-gaap_CostOfRealEstateRevenue 280,716us-gaap_CostOfRealEstateRevenue
General and administrative 82,175us-gaap_GeneralAndAdministrativeExpense 103,042us-gaap_GeneralAndAdministrativeExpense 68,414us-gaap_GeneralAndAdministrativeExpense
Acquisition and pursuit costs 17,142us-gaap_BusinessCombinationAcquisitionRelatedCosts 6,191us-gaap_BusinessCombinationAcquisitionRelatedCosts 10,981us-gaap_BusinessCombinationAcquisitionRelatedCosts
Impairments     7,878us-gaap_AssetImpairmentCharges
Total costs and expenses 1,383,657us-gaap_CostsAndExpenses 1,266,079us-gaap_CostsAndExpenses 1,137,865us-gaap_CostsAndExpenses
Gain on sales of real estate, net of income taxes 3,288us-gaap_GainsLossesOnSalesOfInvestmentRealEstate    
Other income, net 7,528us-gaap_OtherNonoperatingIncomeExpense 18,216us-gaap_OtherNonoperatingIncomeExpense 2,976us-gaap_OtherNonoperatingIncomeExpense
Total other income, net 10,816us-gaap_NonoperatingIncomeExpense 18,216us-gaap_NonoperatingIncomeExpense 2,976us-gaap_NonoperatingIncomeExpense
Income before income taxes and equity income from unconsolidated joint ventures 893,438us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 852,015us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 745,081us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income taxes (250)us-gaap_IncomeTaxExpenseBenefit (5,815)us-gaap_IncomeTaxExpenseBenefit 1,654us-gaap_IncomeTaxExpenseBenefit
Equity income from unconsolidated joint ventures 49,570us-gaap_IncomeLossFromEquityMethodInvestments 64,433us-gaap_IncomeLossFromEquityMethodInvestments 54,455us-gaap_IncomeLossFromEquityMethodInvestments
Impairments of investments in unconsolidated joint ventures (35,913)us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment    
Income from continuing operations 906,845us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 910,633us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 801,190us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations:      
Income before impairment losses and gain on sales of real estate, net of income taxes 1,736us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 5,879us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 14,198us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Impairment losses on real estate   (1,372)hcp_DiscontinuedOperationImpairmentCharge  
Gain on sales of real estate, net of income taxes 28,010us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 69,866us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 31,454us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Total discontinued operations 29,746us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 74,373us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 45,652us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 936,591us-gaap_ProfitLoss 985,006us-gaap_ProfitLoss 846,842us-gaap_ProfitLoss
Noncontrolling interests' share in earnings (14,358)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (14,169)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (14,302)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income applicable to HCP, Inc. 922,233us-gaap_NetIncomeLoss 970,837us-gaap_NetIncomeLoss 832,540us-gaap_NetIncomeLoss
Preferred stock dividends     (17,006)us-gaap_DividendsPreferredStock
Participating securities' share in earnings (2,437)hcp_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted (1,734)hcp_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted (3,245)hcp_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted
Net income applicable to common shares $ 919,796us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 969,103us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 812,289us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per common share:      
Continuing operations (in dollars per share) $ 1.94us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.97us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.80us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations (in dollars per share) $ 0.07us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.16us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.10us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income applicable to common shares (in dollars per share) $ 2.01us-gaap_EarningsPerShareBasic $ 2.13us-gaap_EarningsPerShareBasic $ 1.90us-gaap_EarningsPerShareBasic
Diluted earnings per common share:      
Continuing operations (in dollars per share) $ 1.94us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.97us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.80us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations (in dollars per share) $ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.16us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.10us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income applicable to common shares (in dollars per share) $ 2.00us-gaap_EarningsPerShareDiluted $ 2.13us-gaap_EarningsPerShareDiluted $ 1.90us-gaap_EarningsPerShareDiluted
Weighted average shares used to calculate earnings per common share:      
Basic (in shares) 458,425us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 455,002us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 427,047us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 458,796us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 455,702us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 428,316us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding