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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2016 | Mar. 31, 2015
Revenues |  |
Total revenues | $ 153,537 | $ 62,824
Operating expenses |  |
General and administrative | 12,503 | 9,200
Depreciation and amortization | 68,368 | 17,158
Total operating expenses | 134,526 | 49,498
Income from operations | 19,011 | 13,326
Other expense (income) |  |
Interest expense | 17,251 | 5,493
Interest income | (13) | (53)
Unrealized loss on ineffective portion of derivative instruments | (2,125) | 0
Acquisition-related expenses | 0 | 6,044
Other expense (income) | 24 | (41)
Total other expenses | 19,387 | 11,443
(Loss) income before gain on sale of real estate | (376) | 1,883
Gain on sale of real estate | 6,352 | 22,691
Net income | 5,976 | 24,574
Net income attributable to preferred stock and units | (159) | (3,195)
Net income attributable to restricted shares | (197) | (70)
Comprehensive income attributable to non-controlling interest in consolidated real estate entities | (1,945) | (1,502)
Net income attributable to common units in the operating partnership | (1,422) | (596)
Net income attributable to Hudson Pacific Properties, Inc. common stockholders | $ 2,253 | $ 19,211
Net income attributable to common stockholders’ per share— basic (in dollars per share) | $ 0.03 | $ 0.25
Net income attributable to common stockholders’ per share— diluted (in dollars per share) | $ 0.03 | $ 0.25
Weighted average shares of common stock outstanding—basic (in shares) | 89,190,803 | 76,783,351
Weighted average shares of common stock outstanding - diluted (in shares | 89,597,803 | 77,330,351
Hudson Pacific Partners L.P. |  |
Revenues |  |
Total revenues | $ 153,537 | $ 62,824
Operating expenses |  |
General and administrative | 12,503 | 9,200
Depreciation and amortization | 68,368 | 17,158
Total operating expenses | 134,526 | 49,498
Income from operations | 19,011 | 13,326
Other expense (income) |  |
Interest expense | 17,251 | 5,493
Interest income | (13) | (53)
Unrealized loss on ineffective portion of derivative instruments | (2,125) | 0
Acquisition-related expenses | 0 | 6,044
Other expense (income) | 24 | (41)
Total other expenses | 19,387 | 11,443
(Loss) income before gain on sale of real estate | (376) | 1,883
Gain on sale of real estate | 6,352 | 22,691
Net income | 5,976 | 24,574
Comprehensive income attributable to non-controlling interest in consolidated real estate entities | (1,945) | (1,502)
Net income attributable to Hudson Pacific Properties, Inc. common stockholders | 4,031 | 23,072
Preferred Distributions Made to Partners | (159) | (3,195)
Net income attributable to restricted shares | (197) | (70)
Net income available to common unitholders | $ 3,675 | $ 19,807
Net income attributable to common unitholders per unit—basic (in dollars per share) | $ 0.03 | $ 0.25
Net income attributable to common unitholders per unit—diluted (in dollars per share) | $ 0.03 | $ 0.25
Weighted average shares of common units outstanding—basic (in shares) | 145,487,118 | 79,165,914
Weighted average shares of common units outstanding—diluted (in shares) | 145,894,118 | 79,712,914
Series A Preferred Stock | Hudson Pacific Partners L.P. |  |
Other expense (income) |  |
Preferred Distributions Made to Partners | $ (159) | $ (159)
Series B Preferred Stock | Hudson Pacific Partners L.P. |  |
Other expense (income) |  |
Preferred Distributions Made to Partners | 0 | (3,036)
Office |  |
Revenues |  |
Rental | 116,227 | 41,576
Tenant recoveries | 20,533 | 6,064
Parking and other | 5,532 | 5,295
Total revenues | 142,292 | 52,935
Operating expenses |  |
Operating expenses | 47,703 | 17,135
Office | Hudson Pacific Partners L.P. |  |
Revenues |  |
Rental | 116,227 | 41,576
Tenant recoveries | 20,533 | 6,064
Parking and other | 5,532 | 5,295
Total revenues | 142,292 | 52,935
Operating expenses |  |
Operating expenses | 47,703 | 17,135
Media & Entertainment |  |
Revenues |  |
Rental | 6,028 | 5,467
Tenant recoveries | 199 | 240
Parking and other | 49 | 73
Other property-related revenue | 4,969 | 4,109
Total revenues | 11,245 | 9,889
Operating expenses |  |
Operating expenses | 5,952 | 6,005
Media & Entertainment | Hudson Pacific Partners L.P. |  |
Revenues |  |
Rental | 6,028 | 5,467
Tenant recoveries | 199 | 240
Parking and other | 49 | 73
Other property-related revenue | 4,969 | 4,109
Total revenues | 11,245 | 9,889
Operating expenses |  |
Operating expenses | $ 5,952 | $ 6,005

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