Real Estate Property Investments (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of real estate acquisitions (in thousands)

A summary of real estate acquisitions for the three months ended March 31, 2016 follows (in thousands):


	Consideration				Assets Acquired(1)
			Liabilities				Net
Segment	Cash Paid		Assumed		Real Estate		Intangibles
Senior housing	$	76,362	$	1,200	$	71,875	$	5,687
Post-acute/skilled nursing		17,909		—		16,596		1,313
	$	94,271	$	1,200	$	88,471	$	7,000

(1)

The purchase price allocation is preliminary and may be subject to change.

A summary of real estate acquisitions for the three months ended March 31, 2015 follows (in thousands):


	Consideration						Assets Acquired
			Liabilities		Noncontrolling				Net
Segment	Cash Paid		Assumed		Interest		Real Estate		Intangibles
Senior housing	$	34,068	$	626	$	1,306	$	34,350	$	1,650
Medical office		180		—		—		180		—
	$	34,248	$	626	$	1,306	$	34,530	$	1,650

Schedule of unaudited pro forma consolidated results of operations (in thousands, except per share amounts)

The following unaudited pro forma consolidated results of operations assume that the RIDEA III acquisition was completed as of January 1, 2014 (in thousands, except per share amounts):



	Three Months Ended
	March 31, 2015
Revenues	$	654,354
Net loss		(233,598)
Net loss applicable to HCP, Inc.		(237,099)
Basic earnings per common share		(0.51)
Diluted earnings per common share		(0.51)

Schedule of capital improvements (in thousands)

A summary of the Company’s funding for construction, tenant and other capital improvements (in thousands):


	Three Months Ended March 31,
Segment	2016		2015
Senior housing	$	39,513	$	16,172
Post-acute/skilled nursing		—		1,960
Life science		39,070		27,391
Medical office		30,920		19,233
Hospital		—		37
	$	109,503	$	64,793