Other Real Estate Property Investments (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of other real estate acquisitions

A summary of other real estate acquisitions for the year ended December 31, 2012 follows (in thousands):

	Consideration							Assets Acquired

Acquisitions	Cash Paid		Debt and Other Liabilities Assumed		Noncontrolling Interest			Real Estate		Net Intangibles
Senior housing	$	3,860	$	—	$	—		$	3,541	$	319
Life science		7,964		—		86			7,580		470
Medical office		171,654		60,597		42,648	⁽¹⁾		207,561		67,338
Hospital		3,000		—		—			3,000		—

	$	186,478	$	60,597	$	42,734		$	221,682	$	68,127

(1): Represents non-managing member limited liability company units.

Blackstone JV | Senior housing

Acquisition

Schedule of unaudited pro forma consolidated results of operations

The following unaudited pro forma consolidated results of operations assume that the Blackstone JV Acquisition was completed as of January 1, 2011 (in thousands, except per share amounts):

	Year Ended December 31,

	2012		2011
Revenues	$	1,966,303	$	1,798,018
Net income		870,802		584,361
Net income applicable to HCP, Inc.		856,500		568,758
Basic earnings per common share	$	1.88	$	1.30
Diluted earnings per common share		1.88		1.29