XML 48 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share
The following table illustrates the computation of basic and diluted earnings per share (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Numerator
 
 
 
 
 
 
 
Net income (loss)
$
102,926

 
$
(5,720
)
 
$
239,091

 
$
480,558

Noncontrolling interests' share in earnings
(3,555
)
 
(1,937
)
 
(9,546
)
 
(7,687
)
Net income (loss) attributable to HCP, Inc.
99,371

 
(7,657
)
 
229,545

 
472,871

Less: Participating securities' share in earnings
(425
)
 
(131
)
 
(1,278
)
 
(560
)
Net income (loss) applicable to common shares
$
98,946

 
$
(7,788
)
 
$
228,267

 
$
472,311

Denominator
 

 
 

 
 
 
 
Basic weighted average shares outstanding
469,867

 
468,975

 
469,732

 
468,642

Dilutive potential common shares - equity awards
251

 

 
144

 
186

Diluted weighted average common shares
470,118

 
468,975

 
469,876

 
468,828

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.21

 
$
(0.02
)
 
$
0.49

 
$
1.01

Diluted
$
0.21

 
$
(0.02
)
 
$
0.49

 
$
1.01