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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Rental and related revenues $ 1,182,108 $ 1,069,502 $ 1,020,348
Resident fees and services 436,494 144,327 144,217
Income from direct financing leases 9,720 16,666 16,349
Interest income 16,553 9,844 10,406
Total revenues 1,644,875 1,240,339 1,191,320
Costs and expenses:      
Interest expense 218,336 217,612 261,280
Depreciation and amortization 553,949 435,191 404,681
Operating 782,541 405,244 378,657
General and administrative 93,237 92,966 96,702
Transaction costs 18,342 1,963 1,137
Impairments and loan loss reserves (recoveries), net 42,909 17,708 10,917
Total costs and expenses 1,709,314 1,170,684 1,153,374
Other income (expense):      
Gain (loss) on sales of real estate, net 90,350 (40) 831,368
Loss on debt extinguishments (42,912) (58,364) (44,162)
Other income (expense), net 234,684 165,069 13,425
Total other income (expense), net 282,122 106,665 800,631
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures 217,683 176,320 838,577
Income tax benefit (expense) 9,423 5,479 4,396
Equity income (loss) from unconsolidated joint ventures (66,599) (6,330) (5,755)
Income from continuing operations 160,507 175,469 837,218
Income (loss) from discontinued operations 267,746 (115,408) 236,256
Net income (loss) 428,253 60,061 1,073,474
Noncontrolling interests' share in continuing operations (14,394) (14,558) (12,294)
Noncontrolling interests' share in discontinued operations (296) 27 (87)
Net income (loss) applicable to Healthpeak Properties, Inc. 413,563 45,530 1,061,093
Participating securities' share in earnings (2,416) (1,543) (2,669)
Net income (loss) applicable to common shares $ 411,147 $ 43,987 $ 1,058,424
Basic earnings (loss) per common share:      
Continuing operations (in dollars per share) $ 0.27 $ 0.33 $ 1.75
Discontinued operations (in dollars per share) 0.50 (0.24) 0.50
Net income (loss) applicable to common shares (in dollars per share) 0.77 0.09 2.25
Diluted earnings (loss) per common share:      
Continuing operations (in dollars per share) 0.27 0.33 1.74
Discontinued operations (in dollars per share) 0.50 (0.24) 0.50
Net income (loss) applicable to common shares (in dollars per share) $ 0.77 $ 0.09 $ 2.24
Weighted average shares outstanding:      
Basic (in shares) 530,555 486,255 470,551
Diluted (in shares) 531,056 489,335 475,387