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Earnings Per Common Share | 3 Months Ended
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Mar. 31, 2018
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 (in thousands, except per share amounts):
| Three Months Ended March 31,
| 2018 |  | 2017
Numerator |  |  |
Net income (loss) from continuing operations | $ | 43,237 |  |  | $ | 464,177 |
Noncontrolling interests' share in earnings | (3,005 | ) |  | (3,032 | )
Net income (loss) attributable to HCP, Inc. | 40,232 |  |  | 461,145 |
Less: Participating securities' share in earnings | (391 | ) |  | (770 | )
Net income (loss) applicable to common shares | $ | 39,841 |  |  | $ | 460,375 |
Numerator - Dilutive |  |  |  |  |
Net income (loss) applicable to common shares | $ | 39,841 |  |  | $ | 460,375 |
Add: distributions on dilutive convertible units and other | — |  |  | 2,803 |
Dilutive net income (loss) available to common shares | $ | 39,841 |  |  | $ | 463,178 |
Denominator |  |  |  |  |
Basic weighted average shares outstanding | 469,557 |  |  | 468,299 |
Dilutive potential common shares - equity awards | 138 |  |  | 229 |
Dilutive potential common shares - DownREIT conversions | — |  |  | 6,645 |
Diluted weighted average common shares | 469,695 |  |  | 475,173 |
Earnings per common share: |  |  |
Basic | $ | 0.08 |  |  | $ | 0.98 |
Diluted | $ | 0.08 |  |  | $ | 0.97 |
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 three months ended March 31, 2018, 7 million shares issuable upon conversion of 4 million DownREIT units were not included because they are anti-dilutive.

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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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