XML 20 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Preferred Units
Common Stock/Units
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive (Loss) Income
Non- controlling Interests — Units in the Operating Partnership
Non-controlling Interests — Members in Consolidated Entities
Non- controlling Interests — Series A Cumulative Redeemable Preferred Units
Hudson Pacific Partners L.P.
Hudson Pacific Partners L.P.
Total Partners’ Capital
Hudson Pacific Partners L.P.
Preferred Units
Hudson Pacific Partners L.P.
Common Stock/Units
Hudson Pacific Partners L.P.
Non-controlling Interests — Members in Consolidated Entities
Hudson Pacific Partners L.P.
Non- controlling Interests — Series A Cumulative Redeemable Preferred Units
Beginning Balance at Dec. 31, 2014 $ 1,275,015 $ 145,000 $ 668 $ 1,070,833 $ (34,884) $ (2,443) $ 52,851 $ 42,990 $ 10,177            
Partners' capital, beginning balance at Dec. 31, 2014                   $ 1,275,015 $ 1,232,025 $ 145,000 $ 1,087,025 $ 42,990 $ 10,177
Beginning balance (shares) at Dec. 31, 2014     66,797,816                   69,180,379    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Cash flow hedge adjustment (6,300)                 (6,300)          
Beginning Balance at Dec. 31, 2014 1,275,015 145,000 $ 668 1,070,833 (34,884) (2,443) 52,851 42,990 10,177            
Partners' capital, beginning balance at Dec. 31, 2014                   1,275,015 1,232,025 145,000 $ 1,087,025 42,990 10,177
Beginning balance (shares) at Dec. 31, 2014     66,797,816                   69,180,379    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Contributions 217,795             217,795   217,795       217,795  
Distributions (2,013)             (2,013)   (2,013)       (2,013)  
Proceeds from sale of common stock, net of underwriters’ discount 385,589   $ 127 385,462           385,589 385,589   $ 385,589    
Proceeds from sale of common stock, net of underwriters' discount (in shares)     12,650,000                   12,650,000    
Equity offering transaction costs (4,969)     (4,969)           (4,969) (4,969)   $ (4,969)    
Redemption of Series B Preferred Stock (145,000) (145,000)               (145,000) (145,000) (145,000)      
Issuance of common units for acquisition properties 1,814,936           1,814,936                
Issuance of unrestricted stock or units 285,445   $ 87 285,358           2,100,381 2,100,381   $ 2,100,381    
Issuance of unrestricted stock or units (in shares or units)     8,820,482                   63,668,962    
Issuance of restricted stock or units (in shares or units)     36,223                   36,223    
Shares withheld to satisfy minimum tax withholding (5,128)     (5,128)           (5,128) (5,128)   $ (5,128)    
Shares withheld to satisfy minimum tax withholding (in shares)     (85,469)                   (85,469)    
Declared dividend (87,344) (11,469)   (50,244)     (25,631)   (636) (87,344) (87,344) (11,469) $ (75,875)   (636)
Amortization of stock-based compensation 8,832     8,832           8,832 8,832   8,832    
Net income (loss) (16,718) 11,469     (10,071)   (21,969) 3,853 636 (16,718) (20,571) 11,469 (32,040) 3,853 636
Cash flow hedge adjustment 2,597         1,362 1,235     2,597 2,597   2,597    
Exchange of Non-controlling Interests — Common units in the operating partnership for common stock     $ 9 20,835     (20,844)                
Exchange of Non-controlling Interests - Common units in the operating partnership for common stock (shares)     (934,728)                        
Ending Balance at Dec. 31, 2015 $ 3,729,037 0 $ 891 1,710,979 (44,955) (1,081) 1,800,578 262,625 10,177            
Partners' capital, ending balance at Dec. 31, 2015                   3,729,037 3,466,412 0 $ 3,466,412 262,625 10,177
Ending balance (shares) at Dec. 31, 2015 89,153,780   89,153,780                   145,450,095    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Contributions $ 103             103   103       103  
Distributions (990)             (990)   (990)       (990)  
Proceeds from sale of common stock, net of underwriters’ discount 880,514   $ 295 880,219           880,514 880,514   $ 880,514    
Proceeds from sale of common stock, net of underwriters' discount (in shares)     29,477,596                   29,477,596    
Issuance of unrestricted stock or units 2   $ 2             2 2   $ 2    
Issuance of unrestricted stock or units (in shares or units)     186,752                   186,752    
Shares withheld to satisfy minimum tax withholding (1,776)   $ (1) (1,775)           (1,776) (1,776)   $ (1,776)    
Shares withheld to satisfy minimum tax withholding (in shares)     (71,557)                   (71,557)    
Declared dividend (88,469)     (62,553)     (25,916)   (477) (88,469) (88,469)   $ (88,469)   (477)
Amortization of stock-based compensation 10,231     9,463     768     10,231 10,231   10,231    
Net income (loss) 14,751       5,528   2,357 6,866 477 14,751 7,885   7,885 6,866 477
Cash flow hedge adjustment (20,818)         (12,558) (8,260)     (20,818) (20,818)   (20,818)    
Exchange of Non-controlling Interests — Common units in the operating partnership for common stock (876,213)     53,091     (929,304)     (876,213) (876,213)   $ (876,213)    
Exchange of Non-controlling Interests - Common units in the operating partnership for common stock (shares)                         (29,312,596)    
Ending Balance at Sep. 30, 2016 $ 3,646,372 $ 0 $ 1,187 $ 2,589,424 $ (39,427) $ (13,639) $ 840,223 $ 268,604 $ 10,177            
Partners' capital, ending balance at Sep. 30, 2016                   $ 3,646,372 $ 3,377,768 $ 0 $ 3,377,768 $ 268,604 $ 10,177
Ending balance (shares) at Sep. 30, 2016 118,746,571   118,746,571                   145,730,290