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Earnings Per Common Share (Tables) | 3 Months Ended
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Mar. 31, 2014
Earnings Per Common Share |
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 March 31, |
|  | 2014 |  | 2013 |
Numerator |  |  |  |  |
Income from continuing operations |  | $ | 233,877 |  | $ | 231,552 |
Noncontrolling interests’ share in continuing operations |  | (3,335 | ) | (3,199 | )
Income from continuing operations applicable to HCP, Inc. |  | 230,542 |  | 228,353 |
Participating securities’ share in continuing operations |  | (1,064 | ) | (478 | )
Income from continuing operations applicable to common shares |  | 229,478 |  | 227,875 |
Discontinued operations |  | 29,746 |  | 2,232 |
Noncontrolling interests’ share in discontinued operations |  | (1,177 | ) | — |
Net income applicable to common shares |  | $ | 258,047 |  | $ | 230,107 |
Denominator |  |  |  |  |
Basic weighted average common shares |  | 457,294 |  | 453,651 |
Dilutive potential common shares |  | 380 |  | 962 |
Diluted weighted average common shares |  | 457,674 |  | 454,613 |
Basic earnings per common share |  |  |  |  |
Income from continuing operations |  | $ | 0.50 |  | $ | 0.50 |
Discontinued operations |  | 0.06 |  | 0.01 |
Net income applicable to common shares |  | $ | 0.56 |  | $ | 0.51 |
Diluted earnings per common share |  |  |  |  |
Income from continuing operations |  | $ | 0.50 |  | $ | 0.50 |
Discontinued operations |  | 0.06 |  | 0.01 |
Net income applicable to common shares |  | $ | 0.56 |  | $ | 0.51 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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