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Earnings Per Common Share (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Earnings per 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, |  |
| 2021 |  | 2020 |  |  |  |
Numerator |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (120,585) |  |  | $ | 147,132 |  |  |  |  |
Noncontrolling interests' share in continuing operations | (3,306) |  |  | (3,463) |  |  |  |  |
Income (loss) from continuing operations attributable to Healthpeak Properties, Inc. | (123,891) |  |  | 143,669 |  |  |  |  |
Less: Participating securities' share in continuing operations | (2,451) |  |  | (1,616) |  |  |  |  |
Income (loss) from continuing operations applicable to common shares | (126,342) |  |  | 142,053 |  |  |  |  |
Income (loss) from discontinued operations | 270,008 |  |  | 135,408 |  |  |  |  |
Noncontrolling interests' share in discontinued operations | (329) |  |  | 3 |  |  |  |  |
Net income (loss) applicable to common shares | $ | 143,337 |  |  | $ | 277,464 |  |  |  |  |
Numerator - Dilutive |  |  |  |  |  |  |
Net income (loss) applicable to common shares | $ | 143,337 |  |  | $ | 277,464 |  |  |  |  |
Add: distributions on dilutive convertible units and other | — |  |  | 2,515 |  |  |  |  |
Dilutive net income (loss) available to common shares | $ | 143,337 |  |  | $ | 279,979 |  |  |  |  |
Denominator |  |  |  |  |  |  |
Basic weighted average shares outstanding | 538,679 |  |  | 506,476 |  |  |  |  |
Dilutive potential common shares - equity awards(1) | — |  |  | 318 |  |  |  |  |
Dilutive potential common shares - forward equity agreements(2) | — |  |  | 808 |  |  |  |  |
Dilutive potential common shares - DownREIT conversions | — |  |  | 7,443 |  |  |  |  |
Diluted weighted average common shares | 538,679 |  |  | 515,045 |  |  |  |  |
Basic earnings (loss) per common share |  |  |  |  |  |  |
Continuing operations | $ | (0.23) |  |  | $ | 0.28 |  |  |  |  |
Discontinued operations | 0.50 |  |  | 0.27 |  |  |  |  |
Net income (loss) applicable to common shares | $ | 0.27 |  |  | $ | 0.55 |  |  |  |  |
Diluted earnings (loss) per common share |  |  |  |  |  |  |
Continuing operations | $ | (0.23) |  |  | $ | 0.28 |  |  |  |  |
Discontinued operations | 0.50 |  |  | 0.26 |  |  |  |  |
Net income (loss) applicable to common shares | $ | 0.27 |  |  | $ | 0.54 |  |  |  |  |
_______________________________________ (1)For all periods presented, represents the dilutive impact of 1 million outstanding equity awards (restricted stock units and stock options). (2)For the three months ended March 31, 2021, forward sales agreements had no dilutive impact as all agreements were settled prior to the start of the period. For the three months ended March 31, 2020, represents the dilutive impact of 32 million shares that were settled during the three months then ended. For the three months ended March 31, 2021, diluted loss per common share is calculated using the weighted average common shares outstanding as a result of the Company generating a loss from continuing operations for the period.

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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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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