Equity (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Accumulated Other Comprehensive Income (Loss)

The tables below present the effect of the Company’s interest rate contracts on the Consolidated Statements of Comprehensive Income (expense) for the years ended December 31, 2015, 2014, and 2013.



	Year Ended December 31,
	2015			2014			2013
Beginning Balance of OCI related to interest rate contracts	$	2,661		$	1,162		$	1,465
Unrealized Loss Recognized in OCI Due to Change in Fair Value of interest rate contracts	7,663			1,939			(121		)
Loss Reclassified from OCI into Income (as Interest Expense)	(10,260		)	(440		)	(182		)
Net Change in OCI	$	(2,597	)	$	1,499		$	(303	)

Ending Balance of Accumulated OCI Related to Derivatives	$	64		$	2,661		$	1,162
Allocation of OCI, non-controlling interests	1,017			(218		)	(165		)
Accumulated other comprehensive deficit	$	1,081		$	2,443		$	997

Reconciliation Of Equity From Statement Of Equity To Statement Of Operations

The following table reconciles the net (loss) income allocated to common stock and Operating Partnership units on the Consolidated Statements of Equity to the common stock and Operating Partnership unit net (loss) income allocation on the Consolidated Statements of Operations for the year ended:



	Hudson Pacific Properties, Inc.									Hudson Pacific Properties, L.P.
	2015			2014			2013			2015			2014			2013
Net (loss) income allocation for common stock or common units on the Consolidated Statements of Equity	$	(10,071	)	$	10,229		$	(14,533	)	$	(32,040	)	$	10,588		$	(15,166	)
Net income attributable to restricted shares	(356		)	(274		)	(300		)	(356		)	(274		)	(300		)
Series B transaction costs allocation	(5,970		)	—			—			(5,970		)	—			—
Net (loss) income allocation for common stock or common units on the Consolidated Statements of Operations	$	(16,397	)	$	9,955		$	(14,833	)	$	(38,366	)	$	10,314		$	(15,466	)

Schedule of Dividends

The Company’s dividends related to its common stock (CUSIP #444097109) and described above under “Dividends,” will be classified for United States federal income tax purposes as follows (unaudited):



					Ordinary Dividends
Record Date	Payment Date	Distributions per Share			Total			Non-qualified		Qualified		Return of Capital
3/20/2015	3/30/2015	$	0.12500		$	0.12500		$	0.12500	$	—	$	—
6/20/2015	6/30/2015	0.12500			0.12500			0.12500		—		—
9/20/2015	9/30/2015	0.12500			0.12500			0.12500		—		—
12/20/2015	12/30/2015	0.20000			0.20000			0.20000		—		—
	Total	$	0.57500		$	0.57500		$	0.57500	$	—	$	—
		100		%	100		%					—		%

The Company’s dividends related to its 8.375% Series B Cumulative Preferred Stock (CUSIP #444097208) and described above under “Dividends” will be classified for United States federal income tax purposes as follows (unaudited):



				Ordinary Dividends
Record Date	Payment Date	Distributions per Share		Total		Non-qualified		Qualified
3/20/2015	3/30/2015	$	0.52344	$	0.52344	$	0.52344	$	—
6/20/2015	6/30/2015	0.52344		0.52344		0.52344		—
9/20/2015	9/30/2015	0.52344		0.52344		0.52344		—
11/9/2015	12/10/2015	0.40712		0.40712		0.40712		—
	Total	$	1.97744	$	1.97744	$	1.97744	$	—

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes the restricted share activity for the year ended December 31, 2015 and status of all unvested restricted share awards to our non-employee board members and employees at December 31, 2015:



Unvested Shares	Shares		Weighted-Average Grant-Date Fair Value
Balance at December 31, 2013	541,180		$	19.98
Granted	281,491		29.38
Vested	(275,051	)	16.83
Canceled	(3,913	)	20.44
Balance at December 31, 2014	543,707		$	26.43
Granted	629,504		29.01
Vested	(335,544	)	24.80
Canceled	(9,717	)	38.17
Balance at December 31, 2015	827,950		$	28.92



Year Ended December 31,	Non-Vested Shares Issued	Weighted Average Grant - dated Fair Value		Vested Shares		Total Vest-Date Fair Value (in thousands)
2015	629,504	$	29.01	(335,544	)	$	9,606
2014	281,491	29.38		(275,051	)	9,794
2013	263,039	22.16		(350,788	)	7,664