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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Lease, Lease Income $ 1,222,078,000 $ 1,237,236,000 $ 1,213,649,000
Revenue from Contract with Customer, Excluding Assessed Tax 727,980,000 544,773,000 524,275,000
Revenues:      
Income from direct financing leases 37,481,000 54,274,000 54,217,000
Interest income 9,844,000 10,406,000 56,237,000
Total revenues 1,997,383,000 1,846,689,000 1,848,378,000
Costs and expenses:      
Interest expense 225,619,000 266,343,000 307,716,000
Depreciation and amortization 659,989,000 549,499,000 534,726,000
Operating 879,370,000 705,038,000 666,251,000
General and administrative 92,966,000 96,702,000 88,772,000
Transaction costs 8,743,000 10,772,000 7,963,000
Impairments (recoveries), net 225,937,000 55,260,000 166,384,000
Total costs and expenses 2,092,624,000 1,683,614,000 1,771,812,000
Other income (expense):      
Gain (loss) on sales of real estate, net 22,900,000 925,985,000 356,641,000
Loss on debt extinguishments (58,364,000) (44,162,000) (54,227,000)
Other income (expense), net 182,129,000 13,316,000 31,420,000
Total other income (expense), net 146,665,000 895,139,000 333,834,000
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures 51,424,000 1,058,214,000 410,400,000
Income tax benefit (expense) 17,262,000 17,854,000 1,333,000
Equity income (loss) from unconsolidated joint ventures (8,625,000) (2,594,000) 10,901,000
Net income (loss) 60,061,000 1,073,474,000 422,634,000
Noncontrolling interests' share in earnings (14,531,000) (12,381,000) (8,465,000)
Net income (loss) attributable to Healthpeak Properties, Inc. 45,530,000 1,061,093,000 414,169,000
Participating securities' share in earnings (1,543,000) (2,669,000) (1,156,000)
Net income (loss) applicable to common shares $ 43,987,000 $ 1,058,424,000 $ 413,013,000
Earnings per common share:      
Basic (in dollars per share) $ 0.09 $ 2.25 $ 0.88
Diluted (in dollars per share) $ 0.09 $ 2.24 $ 0.88
Weighted average shares outstanding:      
Basic (in shares) 486,255 470,551 468,759
Diluted (in shares) 489,335 475,387 468,935