XML 67 R53.htm IDEA: XBRL DOCUMENT v3.5.0.2
Notes Payable - Narrative (Details)
6 Months Ended
Jul. 06, 2016
USD ($)
Jul. 01, 2016
USD ($)
Jun. 07, 2016
USD ($)
May 03, 2016
USD ($)
Nov. 17, 2015
USD ($)
Apr. 01, 2015
USD ($)
Jul. 31, 2013
USD ($)
Feb. 11, 2011
USD ($)
Jun. 30, 2016
USD ($)
derivative
Jun. 01, 2016
Feb. 11, 2016
USD ($)
Dec. 31, 2015
USD ($)
Nov. 16, 2015
USD ($)
May 01, 2015
USD ($)
Aug. 22, 2013
USD ($)
Aug. 21, 2013
USD ($)
Debt Instrument [Line Items]                                
Duration used in interest rate calculation                 360 days              
Notes payable                 $ 2,358,029,000     $ 2,278,445,000        
Number of derivative instruments held | derivative                 2              
Pinnacle II                                
Debt Instrument [Line Items]                                
Periodic payment, debt service payment term                 30 years              
Sunset Gower Sunset Bronson                                
Debt Instrument [Line Items]                                
Term of loan facility               5 years                
Notes payable               $ 92,000,000             $ 97,000,000 $ 92,000,000
Principal amount guaranteed                 19.50%              
Maximum exposure for guarantee                 $ 1,000,000              
Met Park North                                
Debt Instrument [Line Items]                                
Adjusted interest rate                 3.71%              
Term of loan facility             7 years                  
Notes payable             $ 64,500,000                  
Pinnacle I                                
Debt Instrument [Line Items]                                
Term of loan facility                 5 years              
Periodic payment, debt service payment term                 30 years              
Hudson Pacific Partners L.P. | A & R Credit Facilities                                
Debt Instrument [Line Items]                                
Maximum leverage ratio           0.60                    
Maximum unencumbered leverage ratio           0.60                    
Minimum fixed charge coverage ratio           1.50                    
Minimum unsecured interest coverage ratio           2.00                    
Unsecured Debt                                
Debt Instrument [Line Items]                                
Notes payable                 $ 1,775,000,000     1,555,000,000        
Unsecured Debt | Revolving Credit Facility 2014                                
Debt Instrument [Line Items]                                
Debt instrument, extension period                 1 year              
Notes payable                 $ 250,000,000     230,000,000        
Unsecured Debt | Senior Notes                                
Debt Instrument [Line Items]                                
Face amount                         $ 425,000,000      
Maximum secured indebtedness leverage ratio           0.45                    
Unsecured Debt | 5-Year Term Loan due November 2020                                
Debt Instrument [Line Items]                                
Notes payable                 175,000,000     0        
Unsecured Debt | 7-Year Term Loan due November 2022                                
Debt Instrument [Line Items]                                
Notes payable                 $ 125,000,000     0        
Unsecured Debt | 5-Year Term Loan due April 2020                                
Debt Instrument [Line Items]                                
Term of loan facility                 5 years              
Notes payable                 $ 450,000,000     550,000,000        
Repayments of unsecured debt       $ 100,000,000                        
Unsecured Debt | 7-Year Term Loan due April 2022                                
Debt Instrument [Line Items]                                
Notes payable                 $ 350,000,000     350,000,000        
Unsecured Debt | Hudson Pacific Partners L.P. | 5 Year Term Loan Facility 2015                                
Debt Instrument [Line Items]                                
Term of loan facility           5 years                    
Unsecured Debt | Hudson Pacific Partners L.P. | 7 Year Term Loan Facility 2015                                
Debt Instrument [Line Items]                                
Term of loan facility           7 years                    
Face amount           $ 350,000,000                    
Unsecured Debt | Hudson Pacific Partners L.P. | 5-Year Term Loan due November 2020                                
Debt Instrument [Line Items]                                
Term of loan facility         5 years                      
Face amount         $ 175,000,000                      
Unsecured Debt | Hudson Pacific Partners L.P. | 7-Year Term Loan due November 2022                                
Debt Instrument [Line Items]                                
Term of loan facility         7 years       7 years              
Face amount         $ 125,000,000                      
Unsecured Debt | Hudson Pacific Partners L.P. | Leverage Ratio Threshold | 5 Year Term Loan Facility 2015 | LIBOR | Minimum                                
Debt Instrument [Line Items]                                
Adjusted interest rate                           2.66%    
Unsecured Debt | Hudson Pacific Partners L.P. | Leverage Ratio Threshold | 5 Year Term Loan Facility 2015 | LIBOR | Maximum                                
Debt Instrument [Line Items]                                
Adjusted interest rate                           3.56%    
Unsecured Debt | Hudson Pacific Partners L.P. | Leverage Ratio Threshold | 7 Year Term Loan Facility 2015 | LIBOR | Minimum                                
Debt Instrument [Line Items]                                
Adjusted interest rate                           3.21%    
Unsecured Debt | Hudson Pacific Partners L.P. | Leverage Ratio Threshold | 7 Year Term Loan Facility 2015 | LIBOR | Maximum                                
Debt Instrument [Line Items]                                
Adjusted interest rate                           4.16%    
Unsecured Debt | Hudson Pacific Partners L.P. | Leverage Ratio Threshold | 7-Year Term Loan due November 2022 | LIBOR | Minimum                                
Debt Instrument [Line Items]                                
Adjusted interest rate                   3.03%            
Unsecured Debt | Hudson Pacific Partners L.P. | Leverage Ratio Threshold | 7-Year Term Loan due November 2022 | LIBOR | Maximum                                
Debt Instrument [Line Items]                                
Adjusted interest rate                   3.98%            
Unsecured Debt | Hudson Pacific Partners L.P. | Subsequent Event | Leverage Ratio Threshold | 5 Year Term Loan Facility 2015 | LIBOR | Minimum                                
Debt Instrument [Line Items]                                
Adjusted interest rate   2.75%                            
Unsecured Debt | Hudson Pacific Partners L.P. | Subsequent Event | Leverage Ratio Threshold | 5 Year Term Loan Facility 2015 | LIBOR | Maximum                                
Debt Instrument [Line Items]                                
Adjusted interest rate   3.65%                            
Unsecured Debt | Hudson Pacific Partners L.P. | Subsequent Event | Leverage Ratio Threshold | 7 Year Term Loan Facility 2015 | LIBOR | Minimum                                
Debt Instrument [Line Items]                                
Adjusted interest rate   3.36%                            
Unsecured Debt | Hudson Pacific Partners L.P. | Subsequent Event | Leverage Ratio Threshold | 7 Year Term Loan Facility 2015 | LIBOR | Maximum                                
Debt Instrument [Line Items]                                
Adjusted interest rate   4.31%                            
Secured Debt                                
Debt Instrument [Line Items]                                
Notes payable                 $ 583,029,000     723,445,000        
Secured Debt | Pinnacle II                                
Debt Instrument [Line Items]                                
Debt instrument, stated interest rate     4.30%                          
Term of loan facility     10 years                          
Notes payable                 $ 87,000,000     86,228,000        
Face amount     $ 87,000,000                          
Secured Debt | Sunset Gower Sunset Bronson                                
Debt Instrument [Line Items]                                
Debt instrument, extension period                 1 year              
Notes payable                 $ 5,001,000   $ 92,000,000 115,001,000        
Repayments of secured debt       110,000,000                        
Secured Debt | Sunset Gower Sunset Bronson, Loan A                                
Debt Instrument [Line Items]                                
Notes payable                 50,000,000              
Secured Debt | Met Park North                                
Debt Instrument [Line Items]                                
Notes payable                 64,500,000     64,500,000        
Secured Debt | Pinnacle I                                
Debt Instrument [Line Items]                                
Notes payable                 129,000,000     129,000,000        
Secured Debt | 901 Market                                
Debt Instrument [Line Items]                                
Notes payable                 $ 0     $ 30,000,000        
Repayments of secured debt         $ 30,000,000                      
Secured Debt | Hudson Pacific Partners L.P. | Sunset Gower Sunset Bronson, Loan A                                
Debt Instrument [Line Items]                                
Adjusted interest rate                 5.97%              
Secured Debt | Hudson Pacific Partners L.P. | Sunset Gower Sunset Bronson, Loan B                                
Debt Instrument [Line Items]                                
Adjusted interest rate                 4.25%              
Notes payable                 $ 42,000,000              
Senior Notes | Subsequent Event | 3.98% Guaranteed Notes, Due 2026 | 11601 Wilshire Boulevard Office Building                                
Debt Instrument [Line Items]                                
Proceeds from issuance of long-term debt $ 150,000,000 $ 150,000,000                            
Debt instrument, stated interest rate 3.98% 3.98%                            
Senior Notes | Subsequent Event | 3.66% Guaranteed Notes, Due 2023 | 11601 Wilshire Boulevard Office Building                                
Debt Instrument [Line Items]                                
Proceeds from issuance of long-term debt $ 50,000,000                              
Debt instrument, stated interest rate 3.66%                              
Line of Credit | Revolving Credit Facility                                
Debt Instrument [Line Items]                                
Term of loan facility           5 years                    
Maximum borrowing capacity           $ 400,000,000                    
Line of Credit | Revolving Credit Facility | 5-Year Term Loan due April 2020                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity           $ 550,000,000                    
Line of Credit | Revolving Credit Facility | 7-Year Term Loan due April 2022                                
Debt Instrument [Line Items]                                
Term of loan facility           7 years                    
Maximum borrowing capacity           $ 350,000,000                    
Interest Rate Contract                                
Debt Instrument [Line Items]                                
Notional amount           $ 300,000,000               $ 300,000,000    
Interest Rate Contract | 7-Year Term Loan due November 2022                                
Debt Instrument [Line Items]                                
Notional amount       $ 125,000,000                        
Interest Rate Floor | Subsequent Event | 7-Year Term Loan due November 2022 | LIBOR                                
Debt Instrument [Line Items]                                
Derivative, interest rate floor   0.00%