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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
REAL ESTATE ASSETS    
Land $ 1,252,484 $ 1,252,484
Building and improvements 4,256,406 3,887,683
Tenant improvements 335,205 290,122
Furniture and fixtures 4,277 9,586
Property under development 266,594 218,438
Total real estate held for investment 6,114,966 5,658,313
Accumulated depreciation and amortization (380,662) (267,855)
Investment in real estate, net 5,734,304 5,390,458
Cash and cash equivalents 89,354 53,551
Restricted cash 22,103 18,010
Accounts receivable, net 9,621 21,048
Notes receivable, net 0 28,684
Straight-line rent receivables, net 78,282 59,408
Deferred leasing costs and lease intangible assets, net 289,682 314,483
Derivative assets 0 2,061
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 40,227 27,278
Investment in unconsolidated entity 28,705 0
Assets associated with real estate held for sale 62,323 330,300
TOTAL ASSETS 6,363,355 6,254,035
LIABILITIES    
Notes payable, net 2,407,943 2,260,716
Accounts payable and accrued liabilities 132,140 82,405
Lease intangible liabilities, net 77,081 94,446
Security deposits 25,537 20,342
Prepaid rent 27,150 38,111
Derivative liabilities 22,413 2,010
Liabilities associated with real estate held for sale 14,542 16,791
TOTAL LIABILITIES 2,706,806 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, 118,746,571 shares and 89,153,780 shares outstanding at September 30, 2016 and December 31, 2015, respectively 1,187 891
Additional paid-in capital 2,589,424 1,710,979
Accumulated other comprehensive loss (13,639) (1,081)
Accumulated deficit (39,427) (44,955)
Total Hudson Pacific Properties, Inc. stockholders’ equity 2,537,545 1,665,834
Partners’ capital:    
TOTAL EQUITY 3,646,372 3,729,037
TOTAL LIABILITIES AND EQUITY 6,363,355 6,254,035
Hudson Pacific Partners L.P.    
REAL ESTATE ASSETS    
Land 1,252,484 1,252,484
Building and improvements 4,256,406 3,887,683
Tenant improvements 335,205 290,122
Furniture and fixtures 4,277 9,586
Property under development 266,594 218,438
Total real estate held for investment 6,114,966 5,658,313
Accumulated depreciation and amortization (380,662) (267,855)
Investment in real estate, net 5,734,304 5,390,458
Cash and cash equivalents 89,354 53,551
Restricted cash 22,103 18,010
Accounts receivable, net 9,621 21,048
Notes receivable, net 0 28,684
Straight-line rent receivables, net 78,282 59,408
Deferred leasing costs and lease intangible assets, net 289,682 314,483
Derivative assets 0 2,061
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 40,227 27,278
Investment in unconsolidated entity 28,705 0
Assets associated with real estate held for sale 62,323 330,300
TOTAL ASSETS 6,363,355 6,254,035
LIABILITIES    
Notes payable, net 2,407,943 2,260,716
Accounts payable and accrued liabilities 132,140 82,405
Lease intangible liabilities, net 77,081 94,446
Security deposits 25,537 20,342
Prepaid rent 27,150 38,111
Derivative liabilities 22,413 2,010
Liabilities associated with real estate held for sale 14,542 16,791
TOTAL LIABILITIES 2,706,806 2,514,821
6.25% series A cumulative redeemable preferred units of the operating partnership 10,177 10,177
Partners’ capital:    
Common units, 145,730,290 and 145,450,095 issued and outstanding at September 30, 2016 and December 31, 2015, respectively. 3,377,768 3,466,412
Non-controlling interest—members in Consolidated Entities 268,604 262,625
TOTAL CAPITAL 3,646,372 3,729,037
TOTAL LIABILITIES AND EQUITY 6,363,355 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 268,604 262,625
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 840,223 1,800,578
TOTAL EQUITY $ 840,223 $ 1,800,578