CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues:
Rental and related revenues	$ 294,222	$ 316,752
Resident fees and services	126,695	142,814
Income from direct financing leases	13,524	13,266
Interest income	1,713	6,365
Total revenues	436,154	479,197
Costs and expenses:
Interest expense	49,327	75,102
Depreciation and amortization	131,951	143,250
Operating	168,927	172,552
General and administrative	21,355	29,175
Transaction costs	4,518	2,195
Impairments (recoveries), net	8,858	0
Total costs and expenses	384,936	422,274
Other income (expense):
Gain (loss) on sales of real estate, net	8,044	20,815
Other income (expense), net	3,133	(40,407)
Total other income (expense), net	11,177	(19,592)
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures	62,395	37,331
Income tax benefit (expense)	3,458	5,336
Equity income (loss) from unconsolidated joint ventures	(863)	570
Net income (loss)	64,990	43,237
Noncontrolling interests' share in earnings	(3,520)	(3,005)
Net income (loss) attributable to HCP, Inc.	61,470	40,232
Participating securities' share in earnings	(441)	(391)
Net income (loss) applicable to common shares	$ 61,029	$ 39,841
Earnings per common share:
Earnings per common share, basic (in dollars per share)	$ 0.13	$ 0.08
Earnings per common share, diluted (in dollars per share)	$ 0.13	$ 0.08
Weighted average shares outstanding:
Basic (in shares)	477,766	469,557
Diluted (in shares)	479,131	469,695