CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues:
Income from direct financing leases	$ 13,490	$ 13,564	$ 26,756	$ 27,276
Interest income	1,447	20,869	7,812	39,200
Total revenues	469,551	458,928	948,748	951,096
Costs and expenses:
Interest expense	73,038	77,788	148,140	164,506
Depreciation and amortization	143,292	130,751	286,542	267,305
Operating	173,866	153,163	346,418	312,244
General and administrative	22,514	21,286	51,689	43,764
Transaction costs	2,404	867	4,599	1,924
Impairments (recoveries), net	13,912	56,682	13,912	56,682
Total costs and expenses	429,026	440,537	851,300	846,425
Other income (expense):
Gain (loss) on sales of real estate, net	46,064	412	66,879	317,670
Other income (expense), net	1,786	71	(38,621)	51,279
Total other income (expense), net	47,850	483	28,258	368,949
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures	88,375	18,874	125,706	473,620
Income tax benefit (expense)	4,654	2,987	9,990	9,149
Equity income (loss) from unconsolidated joint ventures	(101)	240	469	3,509
Net income (loss)	92,928	22,101	136,165	486,278
Noncontrolling interests' share in earnings	(2,986)	(2,718)	(5,991)	(5,750)
Net income (loss) attributable to HCP, Inc.	89,942	19,383	130,174	480,528
Participating securities' share in earnings	(461)	(100)	(852)	(674)
Net income (loss) applicable to common shares	$ 89,481	$ 19,283	$ 129,322	$ 479,854
Earnings per common share:
Earnings per common share, basic (in dollars per share)	$ 0.19	$ 0.04	$ 0.28	$ 1.02
Earnings per common share, diluted (in dollars per share)	$ 0.19	$ 0.04	$ 0.28	$ 1.02
Weighted average shares outstanding:
Basic (in shares)	469,769	468,646	469,664	468,474
Diluted (in shares)	469,941	468,839	469,799	473,366
Dividends declared per common share (in dollars per share)	$ 0.37	$ 0.37	$ 0.74	$ 0.74
Rental and related revenues
Revenues:
Rental and related revenues	$ 279,056	$ 263,820	$ 558,634	$ 550,038
Tenant recoveries
Revenues:
Rental and related revenues	38,784	35,259	75,958	68,934
Resident fees and services
Revenues:
Rental and related revenues	$ 136,774	$ 125,416	$ 279,588	$ 265,648