XML 23 R50.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Investments in and Advances to Unconsolidated Joint Ventures (Details) (USD $) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | $ 193,930,000 |  | $ 196,576,000
Investment reported in liabilities | (1,087,000) |  |
Summarized combined financial information for unconsolidated joint ventures: |  |  |
Real estate, net | 3,644,045,000 |  | 3,662,450,000
Goodwill and other assets, net | 5,414,544,000 |  | 5,384,553,000
Total assets | 9,058,589,000 |  | 9,047,003,000
Capital lease obligations and mortgage debt | 6,736,980,000 |  | 6,768,815,000
Accounts payable | 1,083,690,000 |  | 1,045,260,000
Other partners' capital | 1,102,974,000 |  | 1,098,228,000
HCP's capital | 134,945,000 |  | 134,700,000
Total liabilities and partners' capital | 9,058,589,000 |  | 9,047,003,000
Combined basis difference | 57,000,000 |  |
Total revenues | 1,079,891,000 | 1,093,374,000 |
Net income | 7,996,000 | 10,584,000 |
HCP's share of earnings | 14,528,000 | 14,801,000 |
Fees earned by HCP | 449,000 | 443,000 |
Distributions received by HCP | 3,202,000 | 1,371,000 |
HCR ManorCare | Post-acute/skilled |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | 82,311,000 |  |
Investment ownership percentage | 9.50% |  |
Recharacterized DFL income to equity income | 15,600,000 | 15,900,000 |
HCP Ventures III, LLC | Medical office |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | 7,065,000 |  |
Investment ownership percentage | 30.00% |  |
HCP Ventures IV, LLC | Hospital and medical office segments |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | 29,074,000 |  |
Investment ownership percentage | 20.00% |  |
HCP Life Science | Life science |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | 68,798,000 |  |
Number of unconsolidated joint ventures | 3 |  |
HCP Life Science | Life science | Minimum |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment ownership percentage | 50.00% |  |
HCP Life Science | Life science | Maximum |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment ownership percentage | 63.00% |  |
Torrey Pines Science Center, LP | Life science |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment ownership percentage | 50.00% |  |
Britannia Biotech Gateway, LP | Life science |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment ownership percentage | 55.00% |  |
LASDK, LP | Life science |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment ownership percentage | 63.00% |  |
Suburban Properties, LLC | Medical office |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | 6,180,000 |  |
Investment ownership percentage | 67.00% |  |
Advances to unconsolidated joint ventures, net |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | 502,000 |  |
Edgewood Assisted Living Center, LLC | Senior housing |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment reported in liabilities | (431,000) |  |
Seminole Shores Living Center, LLC | Senior housing |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investment reported in liabilities | (656,000) |  |
Senior housing partnership | Senior housing |  |  |
Company owned interests in entities, accounted under equity method: |  |  |
Investments in and advances to unconsolidated joint ventures | $ 0 |  |
Investment ownership percentage | 72.00% |  |

X
- Definition This item represents disclosure of the amount of the dividends or other distributions received from unconsolidated subsidiaries, certain corporate joint ventures, and certain noncontrolled corporation; these investments are accounted for under the equity method of accounting. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentDividendsOrDistributionsNet
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This item represents the fees earned by the entity from services provided to unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentFeesEarned
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The negative investment carrying amount, which is included in accounts payable and accrued liabilities on the balance sheet, for equity method investments. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentReportedInLiabilities
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | hcp_EquityMethodInvestmentsFinancialInformationDetailsAbstract
Namespace Prefix: | hcp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The carrying amount of accounts payable for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the carrying amount of capital lease obligations and mortgage debt reported by an unconsolidated subsidiaries (an equity method investment) of the reporting entity. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentSummarizedFinancialInformationCapitalLeaseObligationsAndMortgageDebt
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying amount of the entity's capital investment by the reporting entity for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentSummarizedFinancialInformationEntityCapital
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the carrying amount of goodwill and other assets, net for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentSummarizedFinancialInformationGoodwillAndOtherAssetsNet
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The carrying amount of the equity investment by other partners for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentSummarizedFinancialInformationOtherPartnersCapital
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying amount of real estate, net of accumulated depreciation and valuation reserves, if any, reported by an unconsolidated subsidiaries (an equity method investment) of the reporting entity. + References No definition available. + Details
Name: | hcp_EquityMethodInvestmentSummarizedFinancialInformationRealEstateNet
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents number of unconsolidated joint ventures between entity and an institutional capital partner. + References No definition available. + Details
Name: | hcp_NumberOfUnconsolidatedJointVenture
Namespace Prefix: | hcp_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the reduction of income from direct financing leases resulting from equity method investment accounting. + References No definition available. + Details
Name: | hcp_ReductionOfCapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
Namespace Prefix: | hcp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Difference between amount at which an investment accounted for under the equity method of accounting is carried (reported) on the balance sheet and amount of underlying equity in net assets the reporting Entity has in the investee. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of assets reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33912-111571 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph bb -Article 1 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph g -Subparagraph 1, 2 -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph w -Article 1 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of liabilities and equity reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33912-111571 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph bb -Article 1 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph g -Subparagraph 1, 2 -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph w -Article 1 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of net income (loss) reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33912-111571 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph bb -Article 1 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph g -Subparagraph 1, 2 -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph w -Article 1 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity. + References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 9 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=16385135&loc=d3e33749-111570 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.12) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 11 -Article 7 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration