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Earnings Per Common Share (Tables) | 9 Months Ended
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Sep. 30, 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 September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Numerator |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 61,305 |  |  | $ | (27,762) |  |  | $ | 108,785 |  |  | $ | 179,711 |
Noncontrolling interests' share in continuing operations | (7,195) |  |  | (3,616) |  |  | (14,036) |  |  | (10,565) |
Income (loss) from continuing operations attributable to Healthpeak Properties, Inc. | 54,110 |  |  | (31,378) |  |  | 94,749 |  |  | 169,146 |
Less: Participating securities' share in continuing operations | (269) |  |  | (351) |  |  | (3,001) |  |  | (2,151) |
Income (loss) from continuing operations applicable to common shares | 53,841 |  |  | (31,729) |  |  | 91,748 |  |  | 166,995 |
Income (loss) from discontinued operations | 601 |  |  | (31,819) |  |  | 384,569 |  |  | 98,297 |
Noncontrolling interests' share in discontinued operations | — |  |  | (220) |  |  | (2,539) |  |  | (274) |
Net income (loss) applicable to common shares | $ | 54,442 |  |  | $ | (63,768) |  |  | $ | 473,778 |  |  | $ | 265,018 |
Denominator |  |  |  |  |  |  |
Basic weighted average shares outstanding | 539,021 |  |  | 538,333 |  |  | 538,879 |  |  | 527,908 |
Dilutive potential common shares - equity awards(1) | 367 |  |  | — |  |  | 280 |  |  | 279 |
Dilutive potential common shares - forward equity agreements(2) | — |  |  | — |  |  | — |  |  | 268 |
Diluted weighted average common shares | 539,388 |  |  | 538,333 |  |  | 539,159 |  |  | 528,455 |
Basic earnings (loss) per common share |  |  |  |  |  |  |
Continuing operations | $ | 0.10 |  |  | $ | (0.06) |  |  | $ | 0.17 |  |  | $ | 0.32 |
Discontinued operations | 0.00 |  |  | (0.06) |  |  | 0.71 |  |  | 0.18 |
Net income (loss) applicable to common shares | $ | 0.10 |  |  | $ | (0.12) |  |  | $ | 0.88 |  |  | $ | 0.50 |
Diluted earnings (loss) per common share |  |  |  |  |  |  |
Continuing operations | $ | 0.10 |  |  | $ | (0.06) |  |  | $ | 0.17 |  |  | $ | 0.32 |
Discontinued operations | 0.00 |  |  | (0.06) |  |  | 0.71 |  |  | 0.18 |
Net income (loss) applicable to common shares | $ | 0.10 |  |  | $ | (0.12) |  |  | $ | 0.88 |  |  | $ | 0.50 |
_______________________________________ (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 and nine months ended September 30, 2021, all 9 million shares that have not been settled as of September 30, 2021 were anti-dilutive. For the nine months ended September 30, 2020, represents the dilutive impact of 32 million shares that were settled during the nine months then ended. For the three months ended September 30, 2020, forward sales agreements had no dilutive impact as all agreements were settled prior to the start of 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=124432515&loc=d3e3550-109257 + Details
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