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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
REAL ESTATE ASSETS    
Land $ 1,252,484 $ 1,252,484
Building and improvements 3,937,522 3,887,683
Tenant improvements 305,947 290,122
Furniture and fixtures 4,082 9,586
Property under development 247,682 218,438
Total real estate held for investment 5,747,717 5,658,313
Accumulated depreciation and amortization (340,262) (267,855)
Investment in real estate, net 5,407,455 5,390,458
Cash and cash equivalents 337,400 53,551
Restricted cash 19,166 18,010
Accounts receivable, net 10,550 21,048
Notes receivable, net 0 28,684
Straight-line rent receivables, net 70,529 59,408
Deferred leasing costs and lease intangible assets, net 293,191 314,483
Derivative assets 0 2,061
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 49,209 27,278
Investment in unconsolidated entity 28,237 0
Assets associated with real estate held for sale 52,432 330,300
TOTAL ASSETS 6,276,923 6,254,035
LIABILITIES    
Notes payable, net 2,338,882 2,260,716
Accounts payable and accrued liabilities 104,156 82,405
Lease intangible liabilities, net 77,841 94,446
Security deposits 24,148 20,342
Prepaid rent 30,352 38,111
Derivative liabilities 26,478 2,010
Liabilities associated with real estate held for sale 5,267 16,791
TOTAL LIABILITIES 2,607,124 2,514,821
6.25% series A cumulative redeemable preferred units of the operating partnership 10,177 10,177
Hudson Pacific Properties, Inc. stockholders’ equity:    
Common stock, $0.01 par value, 490,000,000 authorized, 99,385,084 shares and 89,153,780 shares outstanding at June 30, 2016 and December 31, 2015, respectively 993 891
Additional paid-in capital 1,998,361 1,710,979
Accumulated other comprehensive loss (16,079) (1,081)
Accumulated deficit (41,470) (44,955)
Total Hudson Pacific Properties, Inc. stockholders’ equity 1,941,805 1,665,834
Partners’ capital:    
TOTAL EQUITY 3,659,622 3,729,037
TOTAL LIABILITIES AND EQUITY 6,276,923 6,254,035
Hudson Pacific Partners L.P.    
REAL ESTATE ASSETS    
Land 1,252,484 1,252,484
Building and improvements 3,937,522 3,887,683
Tenant improvements 305,947 290,122
Furniture and fixtures 4,082 9,586
Property under development 247,682 218,438
Total real estate held for investment 5,747,717 5,658,313
Accumulated depreciation and amortization (340,262) (267,855)
Investment in real estate, net 5,407,455 5,390,458
Cash and cash equivalents 337,400 53,551
Restricted cash 19,166 18,010
Accounts receivable, net 10,550 21,048
Notes receivable, net 0 28,684
Straight-line rent receivables, net 70,529 59,408
Deferred leasing costs and lease intangible assets, net 293,191 314,483
Derivative assets 0 2,061
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 49,209 27,278
Investment in unconsolidated entity 28,237 0
Assets associated with real estate held for sale 52,432 330,300
TOTAL ASSETS 6,276,923 6,254,035
LIABILITIES    
Notes payable, net 2,338,882 2,260,716
Accounts payable and accrued liabilities 104,156 82,405
Lease intangible liabilities, net 77,841 94,446
Security deposits 24,148 20,342
Prepaid rent 30,352 38,111
Derivative liabilities 26,478 2,010
Liabilities associated with real estate held for sale 5,267 16,791
TOTAL LIABILITIES 2,607,124 2,514,821
6.25% series A cumulative redeemable preferred units of the operating partnership 10,177 10,177
Partners’ capital:    
Common units, 145,564,176 and 145,450,095 issued and outstanding at June 30, 2016 and December 31, 2015, respectively. 3,393,216 3,466,412
Non-controlling interest—members in Consolidated Entities 266,406 262,625
TOTAL CAPITAL 3,659,622 3,729,037
TOTAL LIABILITIES AND EQUITY 6,276,923 6,254,035
Non-controlling interest—members in consolidated entities    
Partners’ capital:    
Non-controlling interest—members in Consolidated Entities and Non-controlling units in the Operating Partnership 266,406 262,625
Non-controlling interest—units in the operating partnership    
Partners’ capital:    
Non-controlling interest—members in Consolidated Entities and Non-controlling units in the Operating Partnership 1,451,411 1,800,578
TOTAL EQUITY $ 1,451,411 $ 1,800,578