XML 62 R44.htm IDEA: XBRL DOCUMENT v3.4.0.3
Real Estate Property Investments (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Jun. 30, 2015
USD ($)
Mar. 29, 2015
USD ($)
May. 31, 2016
USD ($)
property
item
Jun. 30, 2015
USD ($)
property
item
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
$ / shares
Acquisition            
Net termination fee revenue           $ 1,103
Real estate acquisitions            
Consideration, Cash Paid         $ 94,271 34,248
Consideration, Liabilities assumed         1,200 626
Consideration, Noncontrolling Interest           1,306
Assets Acquired, Real Estate         88,471 34,530
Assets Acquired, Net Intangibles         7,000 1,650
Funding for construction, tenant and other capital improvements         109,503 64,793
Senior housing            
Real estate acquisitions            
Consideration, Cash Paid         76,362 34,068
Consideration, Liabilities assumed         1,200 626
Consideration, Noncontrolling Interest           1,306
Assets Acquired, Real Estate         71,875 34,350
Assets Acquired, Net Intangibles         5,687 1,650
Funding for construction, tenant and other capital improvements         39,513 16,172
Post-acute/skilled            
Real estate acquisitions            
Consideration, Cash Paid         17,909  
Assets Acquired, Real Estate         16,596  
Assets Acquired, Net Intangibles         1,313  
Funding for construction, tenant and other capital improvements           1,960
Aggregate purchase price   $ 275,000     275,000  
Life science            
Real estate acquisitions            
Funding for construction, tenant and other capital improvements         39,070 27,391
Medical office            
Real estate acquisitions            
Consideration, Cash Paid           180
Assets Acquired, Real Estate           180
Funding for construction, tenant and other capital improvements         $ 30,920 19,233
Hospital            
Real estate acquisitions            
Funding for construction, tenant and other capital improvements           37
RIDEA III            
Acquisition            
Assets Acquired, Working Capital $ 7,000     $ 7,000    
Net termination fee revenue 8,000          
Stabilized occupancy rate (as a percent)         80.00%  
Unaudited pro forma consolidated results of operations            
Revenues           654,354
Net (loss) income           (233,598)
Net (loss) income applicable to HCP, Inc.           $ (237,099)
Basic earnings per common share (in dollars per share) | $ / shares           $ (0.51)
Diluted earnings per common share (in dollars per share) | $ / shares           $ (0.51)
Real estate acquisitions            
Consideration, Cash Paid 770,000          
Consideration, Liabilities assumed 32,000     32,000    
Consideration, Noncontrolling Interest 29,000     29,000    
Assets Acquired, Real Estate 771,000     771,000    
Assets Acquired, Net Intangibles $ 53,000     $ 53,000    
RIDEA III | Subsequent event            
Acquisition            
Number of facilities acquired | property     7      
Number of Units Acquired | item     526      
Real estate acquisitions            
Consideration, Liabilities assumed     $ 75,000      
Aggregate purchase price     $ 190,000      
Stated interest rate (as a percent)     4.00%      
Parent ownership percentage (as a percent)     100.00%      
RIDEA III | Brookdale JV            
Acquisition            
Number of individual leases | property       2    
Number of Units Acquired | item       5,025    
Noncontrolling interest (as a percent)         10.00%  
Management Agreement Term         7 years  
RIDEA III | Senior housing | Brookdale JV            
Acquisition            
Number of facilities acquired | property       35