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Earnings Per Common Share | 12 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Common Share | Earnings Per Common Share The following table illustrates the computation of basic and diluted earnings per share (dollars in thousands, except per share data):
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Numerator |  |  |  |  |
Net income (loss) from continuing operations | $ | 422,634 |  |  | $ | 374,171 |  |  | $ | 152,668 |
Noncontrolling interests' share in earnings | (8,465 | ) |  | (12,179 | ) |  | (12,817 | )
Net income (loss) attributable to HCP, Inc. | 414,169 |  |  | 361,992 |  |  | 139,851 |
Less: Participating securities' share in earnings | (1,156 | ) |  | (1,198 | ) |  | (1,317 | )
Income (loss) from continuing operations applicable to common shares | 413,013 |  |  | 360,794 |  |  | 138,534 |
Discontinued operations | — |  |  | 265,755 |  |  | (699,086 | )
Net income (loss) applicable to common shares | $ | 413,013 |  |  | $ | 626,549 |  |  | $ | (560,552 | )
Denominator |  |  |  |  |
Basic weighted average shares outstanding | 468,759 |  |  | 467,195 |  |  | 462,795 |
Dilutive potential common shares - equity awards | 176 |  |  | 208 |  |  | — |
Diluted weighted average common shares | 468,935 |  |  | 467,403 |  |  | 462,795 |
Basic earnings per common share |  |  |  |  |  |  |  |
Continuing operations | $ | 0.88 |  |  | $ | 0.77 |  |  | $ | 0.30 |
Discontinued operations | — |  |  | 0.57 |  |  | (1.51 | )
Net income (loss) applicable to common shares | $ | 0.88 |  |  | $ | 1.34 |  |  | $ | (1.21 | )
Diluted earnings per common share |  |  |  |  |  |  |  |
Continuing operations | $ | 0.88 |  |  | $ | 0.77 |  |  | $ | 0.30 |
Discontinued operations | — |  |  | 0.57 |  |  | (1.51 | )
Net income (loss) applicable to common shares | $ | 0.88 |  |  | $ | 1.34 |  |  | $ | (1.21 | )
Restricted stock and certain performance restricted stock units are considered participating securities because dividend payments are not forfeited even if the underlying award does not vest and require use of the two-class method when computing basic and diluted earnings per share. For the year ended December 31, 2015, diluted loss per share from continuing operations is calculated using the weighted-average common shares outstanding during the period, as the effect of shares issuable under employee compensation plans and upon DownREIT unit conversions would have been anti-dilutive. All DownREIT units and approximately 1 million stock options were anti-dilutive for all periods presented.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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