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Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of 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 data):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Numerator
 
 
 
 
 
Net income (loss) from continuing operations
$
1,073,474

    
$
422,634

 
$
374,171

Noncontrolling interests' share in earnings
(12,381
)
 
(8,465
)
 
(12,179
)
Net income (loss) attributable to HCP, Inc.
1,061,093

 
414,169

 
361,992

Less: Participating securities' share in earnings
(2,669
)
 
(1,156
)
 
(1,198
)
Income (loss) from continuing operations applicable to common shares
1,058,424

 
413,013

 
360,794

Discontinued operations
—

 
—

 
265,755

Net income (loss) applicable to common shares
$
1,058,424

 
$
413,013

 
$
626,549

 
 
 
 
 
 
Numerator - Dilutive
 
 
 
 
 
Net income (loss) applicable to common shares
$
1,058,424

 
$
413,013

 
$
626,549

Add: distributions on dilutive convertible units and other
6,919

 
—

 
—

Dilutive net income (loss) available to common shares
$
1,065,343

 
$
413,013

 
$
626,549

Denominator
 
 
 
 
 
Basic weighted average shares outstanding
470,551

 
468,759

 
467,195

Dilutive potential common shares - equity awards
168

 
176

 
208

Dilutive potential common shares - DownREIT conversions
4,668

 
—

 
—

Diluted weighted average common shares
475,387

 
468,935

 
467,403

Basic earnings per common share


 


 


Continuing operations
$
2.25

 
$
0.88

 
$
0.77

Discontinued operations
—

 
—

 
0.57

Net income (loss) applicable to common shares
$
2.25

 
$
0.88

 
$
1.34

Diluted earnings per common share


 


 


Continuing operations
$
2.24

 
$
0.88

 
$
0.77

Discontinued operations
—

 
—

 
0.57

Net income (loss) applicable to common shares
$
2.24

 
$
0.88

 
$
1.34