XML 68 R51.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Impairments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
DFL |
Summary of quantitative information about fair value measurements |
|  |  |  |  | Post-acute/ |
|  | Senior Housing |  |  | Skilled nursing |
Description of Input(s) to the Valuation |  | DFL Valuation Inputs |  |  | DFL Valuation Inputs |
Range of EBITDAR |  | $75,000-$85,000 |  |  | $385,000-$435,000 |
Range of rent coverage ratio |  | 1.05 x-1.15 x |  |  | 1.25 x-1.35 x |
Range of real estate capitalization rate |  | 6.25%-7.2 5% |  |  | 7.50%-8.50% |
HCRMC |
Summary of quantitative information about fair value measurements | The following is a summary of the quantitative information about fair value measurements for the impairment related to the Company’s equity ownership interest in HCRMC using a discounted cash flow valuation model
Description of Input(s) to the Valuation |  | Valuation Inputs |
Range of revenue growth rates(1) |  | (1.8%)-3.0% |
Range of occupancy growth rates(1) |  | (0.8%)-0.2% |
Range of operating expense growth rates(1) |  | (1.1%)-3.1% |
Discount rate |  | 15.20% |
Range of earnings multiples |  | 6.0x-7.0x |
| (1) |  | For growth rates, the value ranges provided represent the highest and lowest input utilized in the valuation model for any forecasted period.
Description of Input(s) to the Valuation |  | Valuation Inputs |
Range of revenue growth rates(1) |  | (0.2%)-3.5% |
Range of occupancy growth rates(1) |  | (0.3%)-0.2% |
Range of operating expense growth rates(1) |  | 0.6%-2.8% |
Discount rate |  | 13.7% |
Range of earnings multiples |  | 6.0x-7.0x |
| (1) |  | For growth rates, the value ranges provided represent the highest and lowest input utilized in the valuation model for any forecasted period.

X
- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | invest_InvestmentAxis=hcp_DFLPortfolioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentAxis=hcp_HCRManorCareIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |