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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
REAL ESTATE ASSETS    
Land $ 622,880 $ 578,787
Building and improvements 1,322,314 1,250,752
Tenant improvements 109,656 107,628
Furniture and fixtures 13,818 14,396
Property under development 80,652 70,128
Total real estate held for investment 2,149,320 2,021,691
Accumulated depreciation and amortization (133,463) (114,866)
Investment in real estate, net 2,015,857 1,906,825
Cash and cash equivalents 69,397 30,356
Restricted cash 19,650 16,750
Accounts receivable, net 14,178 8,909
Notes receivable 28,112 0
Straight-line rent receivables 31,550 21,538
Deferred leasing costs and lease intangibles, net 109,476 111,398
Deferred finance costs, net 8,884 8,582
Interest rate contracts 15 192
Goodwill 8,754 8,754
Prepaid expenses and other assets 11,576 5,170
Assets associated with real estate held for sale 0 12,801
TOTAL ASSETS 2,317,449 2,131,275
LIABILITIES AND EQUITY    
Notes payable 920,860 931,308
Accounts payable and accrued liabilities 35,642 27,490
Below-market leases, net 42,935 45,439
Security deposits 6,411 5,941
Prepaid rent 11,328 7,623
Interest rate contracts 907 0
Liabilities associated with real estate sold 361 133
TOTAL LIABILITIES 1,018,444 1,017,934
Hudson Pacific Properties, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 authorized; 8.375% series B cumulative redeemable preferred stock, $25.00 liquidation preference, 5,800,000 shares outstanding at September 30, 2014 and December 31, 2013, respectively 145,000 145,000
Common stock, $0.01 par value, 490,000,000 authorized, 66,795,992 shares and 57,230,199 shares outstanding at September 30, 2014 and December 31, 2013, respectively 668 572
Additional paid-in capital 1,080,862 903,984
Accumulated other comprehensive loss (1,749) (997)
Accumulated deficit (32,662) (45,113)
Total Hudson Pacific Properties, Inc. stockholders’ equity 1,192,119 1,003,446
TOTAL EQUITY 1,288,828 1,102,866
TOTAL LIABILITIES AND EQUITY 2,317,449 2,131,275
6.25% series A cumulative redeemable preferred units of the Operating Partnership
   
LIABILITIES AND EQUITY    
6.25% series A cumulative redeemable preferred units of the Operating Partnership 10,177 10,475
Non-controlling interest—members in Consolidated Entities
   
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling interest 43,453 45,683
Non-controlling common units in the Operating Partnership
   
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling interest 53,256 53,737
TOTAL EQUITY $ 53,256 $ 53,737