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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
REAL ESTATE ASSETS    
Land $ 1,281,809 $ 1,244,921
Building and improvements 4,502,235 3,907,807
Tenant improvements 373,778 288,146
Furniture and fixtures 4,276 9,578
Property under development 308,203 173,007
Total real estate held for investment 6,470,301 5,623,459
Accumulated depreciation and amortization (419,368) (263,859)
Investment in real estate, net 6,050,933 5,359,600
Cash and cash equivalents 83,015 53,551
Restricted cash 25,177 18,010
Accounts receivable, net 6,852 20,996
Notes receivable, net 0 28,684
Straight-line rent receivables, net 87,281 58,783
Deferred leasing costs and lease intangible assets, net 310,062 312,930
Derivative assets 5,935 2,061
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 27,153 27,156
Investment in unconsolidated entities 37,228 0
Assets associated with real estate held for sale 36,608 363,510
TOTAL ASSETS 6,678,998 6,254,035
LIABILITIES    
Notes payable, net 2,688,010 2,260,716
Accounts payable and accrued liabilities 120,572 81,658
Lease intangible liabilities, net 80,130 94,395
Security deposits 31,495 20,363
Prepaid rent 40,755 38,104
Derivative liabilities 1,303 2,010
Liabilities associated with real estate held for sale 3,806 17,575
TOTAL LIABILITIES 2,966,071 2,514,821
Hudson Pacific Properties, Inc. stockholders’ equity:    
Common stock, $0.01 par value, 490,000,000 authorized, 136,492,235 shares and 89,153,780 shares outstanding at December 31, 2016 and 2015, respectively. 1,364 891
Additional paid-in capital 3,109,394 1,710,979
Accumulated other comprehensive income (loss) 9,496 (1,081)
Accumulated deficit (16,971) (44,955)
Total Hudson Pacific Properties, Inc. stockholders’ equity 3,103,283 1,665,834
TOTAL EQUITY 3,702,750 3,729,037
CAPITAL    
TOTAL LIABILITIES AND EQUITY 6,678,998 6,254,035
6.25% Series A Cumulative Redeemable Preferred Units of the Operating Partnership    
LIABILITIES    
6.25% Series A cumulative redeemable preferred units of the operating partnership 10,177 10,177
Non-controlling Interest—Members in Consolidated Entities    
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling interest 304,608 262,625
Non-controlling Common Units in the Operating Partnership    
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling interest 294,859 1,800,578
TOTAL EQUITY 294,859 1,800,578
Hudson Pacific Partners, L.P.    
REAL ESTATE ASSETS    
Land 1,281,809 1,244,921
Building and improvements 4,502,235 3,907,807
Tenant improvements 373,778 288,146
Furniture and fixtures 4,276 9,578
Property under development 308,203 173,007
Total real estate held for investment 6,470,301 5,623,459
Accumulated depreciation and amortization (419,368) (263,859)
Investment in real estate, net 6,050,933 5,359,600
Cash and cash equivalents 83,015 53,551
Restricted cash 25,177 18,010
Accounts receivable, net 6,852 20,996
Notes receivable, net 0 28,684
Straight-line rent receivables, net 87,281 58,783
Deferred leasing costs and lease intangible assets, net 310,062 312,930
Derivative assets 5,935 2,061
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 27,153 27,156
Investment in unconsolidated entities 37,228 0
Assets associated with real estate held for sale 36,608 363,510
TOTAL ASSETS 6,678,998 6,254,035
LIABILITIES    
Notes payable, net 2,688,010 2,260,716
Accounts payable and accrued liabilities 120,572 81,658
Lease intangible liabilities, net 80,130 94,395
Security deposits 31,495 20,363
Prepaid rent 40,755 38,104
Derivative liabilities 1,303 2,010
Liabilities associated with real estate held for sale 3,806 17,575
TOTAL LIABILITIES 2,966,071 2,514,821
CAPITAL    
Common units, 145,942,855 and 145,450,095 issued and outstanding at December 31, 2016 and 2015, respectively 3,398,142 3,466,412
Total Hudson Pacific Properties, L.P. capital 3,398,142 3,466,412
Non-controlling interest—members in consolidated entities 304,608 262,625
TOTAL CAPITAL 3,702,750 3,729,037
TOTAL LIABILITIES AND EQUITY 6,678,998 6,254,035
Hudson Pacific Partners, L.P. | 6.25% Series A Cumulative Redeemable Preferred Units of the Operating Partnership    
LIABILITIES    
6.25% Series A cumulative redeemable preferred units of the operating partnership $ 10,177 $ 10,177