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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net (loss) income $ (237,503)us-gaap_ProfitLoss $ 263,623us-gaap_ProfitLoss
Depreciation and amortization of real estate, in-place lease and other intangibles:    
Depreciation and amortization of real estate, in-place lease and other intangibles 114,522us-gaap_DepreciationAndAmortization 107,388us-gaap_DepreciationAndAmortization
Amortization of market lease intangibles, net (378)hcp_AmortizationOfAboveAndBelowMarketLeaseIntangiblesNet (168)hcp_AmortizationOfAboveAndBelowMarketLeaseIntangiblesNet
Amortization of deferred compensation 6,165us-gaap_ShareBasedCompensation 4,890us-gaap_ShareBasedCompensation
Amortization of deferred financing costs, net 4,752us-gaap_AmortizationOfFinancingCostsAndDiscounts 4,965us-gaap_AmortizationOfFinancingCostsAndDiscounts
Straight-line rents (9,546)us-gaap_StraightLineRent (13,968)us-gaap_StraightLineRent
Loan and direct financing lease interest accretion 21,032us-gaap_AccretionExpense 21,503us-gaap_AccretionExpense
Deferred rental revenues (902)us-gaap_RecognitionOfDeferredRevenue (145)us-gaap_RecognitionOfDeferredRevenue
Equity income from unconsolidated joint ventures (13,601)us-gaap_IncomeLossFromEquityMethodInvestments (14,528)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions of earnings from unconsolidated joint ventures 1,159us-gaap_EquityMethodInvestmentDividendsOrDistributions 2,430us-gaap_EquityMethodInvestmentDividendsOrDistributions
Lease termination income, net (1,103)us-gaap_GainLossOnContractTermination  
Gain on sales of real estate (6,264)us-gaap_GainLossOnSaleOfInvestments (28,010)us-gaap_GainLossOnSaleOfInvestments
Marketable securities and other losses, net 134us-gaap_GainLossOnInvestments 63us-gaap_GainLossOnInvestments
Impairments 478,464hcp_AssetImpairmentChargesCashFlowImpact  
Changes in:    
Accounts receivable, net (3,814)us-gaap_IncreaseDecreaseInAccountsReceivable (1,045)us-gaap_IncreaseDecreaseInAccountsReceivable
Other assets (5,839)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (8,942)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and other accrued liabilities (75,146)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (47,869)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided by operating activities 230,068us-gaap_NetCashProvidedByUsedInOperatingActivities 247,181us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Acquisitions and pending acquisitions of real estate (71,373)us-gaap_PaymentsToAcquireRealEstateAndRealEstateJointVentures (5,473)us-gaap_PaymentsToAcquireRealEstateAndRealEstateJointVentures
Development of real estate (61,805)us-gaap_PaymentsToDevelopRealEstateAssets (33,983)us-gaap_PaymentsToDevelopRealEstateAssets
Leasing costs and tenant and capital improvements (11,540)us-gaap_PaymentsForLeasingCostsCommissionsAndTenantImprovements (12,405)us-gaap_PaymentsForLeasingCostsCommissionsAndTenantImprovements
Proceeds from sales of real estate, net   36,753us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Contributions to unconsolidated joint ventures (27,279)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates  
Distributions in excess of earnings from unconsolidated joint ventures 1,022hcp_DistributionsInExcessOfEarningsFromUnconsolidatedJointVentures 772hcp_DistributionsInExcessOfEarningsFromUnconsolidatedJointVentures
Principal repayments on loans receivable 17,496us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment 3,133us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
Investments in loans receivable and other (176,504)us-gaap_PaymentsToAcquireNotesReceivable (42,281)us-gaap_PaymentsToAcquireNotesReceivable
Decrease in restricted cash 1,697us-gaap_IncreaseDecreaseInRestrictedCash 6,933us-gaap_IncreaseDecreaseInRestrictedCash
Net cash used in investing activities (328,286)us-gaap_NetCashProvidedByUsedInInvestingActivities (46,551)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Net repayments under bank line of credit (455,506)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit  
Borrowings under term loan 333,014hcp_ProceedsFromTermAndBridgeLoans  
Issuance of senior unsecured notes 595,110us-gaap_ProceedsFromIssuanceOfUnsecuredDebt 350,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
Repayments of senior unsecured notes (200,000)us-gaap_RepaymentsOfUnsecuredDebt (400,000)us-gaap_RepaymentsOfUnsecuredDebt
Repayments of mortgage and other secured debt (6,354)us-gaap_RepaymentsOfSecuredDebt (162,739)us-gaap_RepaymentsOfSecuredDebt
Deferred financing costs (7,687)us-gaap_PaymentsOfDebtIssuanceCosts (9,239)us-gaap_PaymentsOfDebtIssuanceCosts
Issuance of common stock and exercise of options 62,425us-gaap_ProceedsFromIssuanceOrSaleOfEquity 32,728us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Repurchase of common stock (6,096)us-gaap_PaymentsForRepurchaseOfCommonStock (8,068)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid on common and preferred stock (260,686)us-gaap_PaymentsOfDividends (250,198)us-gaap_PaymentsOfDividends
Issuance of noncontrolling interests 1,626us-gaap_ProceedsFromPaymentsToMinorityShareholders 41us-gaap_ProceedsFromPaymentsToMinorityShareholders
Distributions to noncontrolling interests (4,124)us-gaap_PaymentsToMinorityShareholders (3,975)us-gaap_PaymentsToMinorityShareholders
Net cash provided by (used in) financing activities 51,722us-gaap_NetCashProvidedByUsedInFinancingActivities (451,450)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of foreign exchange on cash and cash equivalents (144)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 2us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents (46,640)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (250,818)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 183,810us-gaap_CashAndCashEquivalentsAtCarryingValue 300,556us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year $ 137,170us-gaap_CashAndCashEquivalentsAtCarryingValue $ 49,738us-gaap_CashAndCashEquivalentsAtCarryingValue