Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

NOTE 25. Selected Quarterly Financial Data (Unaudited)

Selected quarterly information for the years ended December 31, 2015 and 2014 is as follows (in thousands, except per share amounts):


	Three Months Ended During 2015
	March 31		June 30		September 30		December 31
Total revenues	$	610,791	$	607,532	$	657,953	$	668,036
(Loss) income before income taxes and equity income from and impairments of investments in unconsolidated joint ventures		(251,181)		151,184		134,894		(601,744)
Net (loss) income		(237,503)		167,748		117,954		(594,617)
Net (loss) income applicable to HCP, Inc.		(240,614)		164,885		115,362		(598,868)
Dividends paid per common share		0.565		0.565		0.565		0.565
Basic earnings per common share		(0.52)		0.36		0.25		(1.29)
Diluted earnings per common share		(0.52)		0.36		0.25		(1.29)


	Three Months Ended During 2014
	March 31		June 30		September 30		December 31
Total revenues	$	529,992	$	536,121	$	596,638	$	603,528
Income before income taxes and equity income from and impairments of investments in unconsolidated joint ventures		220,795		208,926		240,946		222,771
Total discontinued operations		29,746		—		—		—
Net income		263,623		222,279		251,059		199,630
Net income applicable to HCP, Inc.		259,111		218,885		247,654		196,583
Dividends paid per common share		0.545		0.545		0.545		0.545
Basic earnings per common share		0.56		0.48		0.54		0.43
Diluted earnings per common share		0.56		0.48		0.54		0.43