CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues:
Rental and related revenues	$ 293,566	$ 321,451	$ 845,382	$ 894,465
Tenant recoveries	33,084	29,323	94,356	81,867
Resident fees and services	155,290	62,213	367,141	138,205
Income from direct financing leases	155,717	165,687	478,976	495,724
Interest income	19,842	17,517	89,049	51,150
Investment management fee income	454	447	1,372	1,340
Total revenues	657,953	596,638	1,876,276	1,662,751
Costs and expenses:
Interest expense	122,157	111,275	357,569	324,755
Depreciation and amortization	134,704	122,975	369,629	343,496
Operating	173,515	99,599	441,888	254,173
General and administrative	20,534	19,479	74,152	62,034
Acquisition and pursuit costs	1,553	5,475	23,350	13,376
Impairments	69,622		592,921
Total costs and expenses	522,085	358,803	1,859,509	997,834
Other (expense) income:
Gain on sales of real estate, net of income taxes	52		6,377
Other (expense) income, net	(1,026)	3,111	11,753	5,750
Total other (expense) income, net	(974)	3,111	18,130	5,750
Income before income taxes and equity income from and impairment of unconsolidated joint ventures	134,894	240,946	34,897	670,667
Income tax benefit (expense)	1,980	(55)	6,620	(2,840)
Equity income from unconsolidated joint ventures	8,314	10,168	33,916	39,388
Impairments of investments in unconsolidated joint ventures	(27,234)		(27,234)
Income (loss) from continuing operations	117,954	251,059	48,199	707,215
Discontinued operations:
Income before impairment losses and gain on sales of real estate, net of income taxes				1,736
Gain on sales of real estate, net of income taxes				28,010
Total discontinued operations				29,746
Net income	117,954	251,059	48,199	736,961
Noncontrolling interests' share in earnings	(2,592)	(3,405)	(8,566)	(11,311)
Net income attributable to HCP, Inc.	115,362	247,654	39,633	725,650
Participating securities' share in earnings	(316)	(446)	(1,020)	(1,999)
Net income applicable to common shares	$ 115,046	$ 247,208	$ 38,613	$ 723,651
Basic earnings per common share:
Continuing operations (in dollars per share)	$ 0.25	$ 0.54	$ 0.08	$ 1.52
Discontinued operations (in dollars per share)				0.06
Net income applicable to common shares (in dollars per share)	0.25	0.54	0.08	1.58
Diluted earnings per common share:
Continuing operations (in dollars per share)	0.25	0.54	0.08	1.52
Discontinued operations (in dollars per share)				0.06
Net income applicable to common shares (in dollars per share)	$ 0.25	$ 0.54	$ 0.08	$ 1.58
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	463,337	458,799	462,039	458,119
Diluted (in shares)	463,586	459,141	462,302	458,473