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Earnings Per Common Share (Tables) | 3 Months Ended
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Mar. 31, 2017
Earnings Per Common Share |
Computation of basic and diluted earnings per share (in thousands, except per share amounts) | The following table illustrates the computation of basic and diluted earnings per share (in thousands, except per share amounts):
|  | Three Months Ended March 31,
|  | 2017 |  | 2016
Numerator |  |  |  |  |  |
Net income from continuing operations |  | $ | 464,177 |  | $ | 51,337
Noncontrolling interests’ share in earnings |  |  | (3,032) |  |  | (3,626)
Net income attributable to HCP, Inc. |  |  | 461,145 |  |  | 47,711
Participating securities’ share in earnings |  |  | (770) |  |  | (357)
Income from continuing operations applicable to common shares |  |  | 460,375 |  |  | 47,354
Discontinued operations |  |  | — |  |  | 68,408
Net income applicable to common shares |  | $ | 460,375 |  | $ | 115,762
Numerator - Dilutive |  |  |  |  |  |
Net income applicable to common shares |  | $ | 460,375 |  | $ | 115,762
Add: distributions on dilutive convertible units |  |  | 2,803 |  |  | —
Dilutive net income available to common shares |  | $ | 463,178 |  | $ | 115,762
Denominator |  |  |  |  |  |
Basic weighted average common shares |  |  | 468,299 |  |  | 466,074
Dilutive potential common shares - equity awards |  |  | 229 |  |  | 188
Dilutive potential common shares - DownREIT units |  |  | 6,645 |  |  | —
Diluted weighted average common shares |  |  | 475,173 |  |  | 466,262
Basic earnings per common share |  |  |  |  |  |
Continuing operations |  | $ | 0.98 |  | $ | 0.10
Discontinued operations |  |  | — |  |  | 0.15
Net income applicable to common shares |  | $ | 0.98 |  | $ | 0.25
Diluted earnings per common share |  |  |  |  |  |
Continuing operations |  | $ | 0.97 |  | $ | 0.10
Discontinued operations |  |  | — |  |  | 0.15
Net income applicable to common shares |  | $ | 0.97 |  | $ | 0.25

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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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