XML 58 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Investment in Real Estate - Purchase Price Allocation for Acquisition (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 12, 2016
Oct. 07, 2016
Jul. 01, 2016
Aug. 17, 2015
May 22, 2015
Apr. 01, 2015
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Consideration paid                  
Cash consideration                 $ 1,804,596
Total consideration               $ 640,800 3,904,977
Allocation of consideration paid                  
Investment in real estate, net               597,751 3,699,289
Investment in unconsolidated entities               37,228 0
Land interest               7,836  
Above-market leases               474 28,759
Below-market ground leases               12,337 52,065
Deferred leasing costs and in-place intangibles               36,198 225,431
Below-market leases               (16,615) (99,472)
Above-market ground leases                 (1,095)
Net asset and liabilities assumed               $ 637,981 3,904,977
Below Market Lease                  
Allocation of consideration paid                  
Weighted average amortization period               6 years 4 months 21 days  
Above-market leases                  
Allocation of consideration paid                  
Weighted average amortization period               5 years 4 months 21 days  
Below-market ground leases                  
Allocation of consideration paid                  
Weighted average amortization period               33 years 2 months 20 days  
Deferred Leasing Costs and Lease Intangibles, Net                  
Allocation of consideration paid                  
Weighted average amortization period               5 years 9 months 21 days  
Common Stock                  
Consideration paid                  
Equity consideration                 87
Additional Paid-in Capital                  
Consideration paid                  
Equity consideration                 285,358
Hudson Pacific Partners, L.P.                  
Allocation of consideration paid                  
Investment in unconsolidated entities               $ 37,228 0
Hudson Pacific Partners, L.P. | Non-controlling Common Units in the Operating Partnership                  
Consideration paid                  
Equity consideration                 $ 1,814,936
11601 Wilshire                  
Consideration paid                  
Total consideration     $ 311,000            
Allocation of consideration paid                  
Investment in real estate, net     292,382            
Investment in unconsolidated entities     7,836            
Above-market leases     167            
Below-market ground leases     212            
Deferred leasing costs and in-place intangibles     13,884            
Below-market leases     (6,562)            
Net asset and liabilities assumed     $ 307,919            
Hill7 office property                  
Consideration paid                  
Total consideration   $ 179,800              
Allocation of consideration paid                  
Investment in real estate, net   173,967              
Land interest   0              
Above-market leases   0              
Below-market ground leases   0              
Deferred leasing costs and in-place intangibles   7,617              
Below-market leases   (1,417)              
Net asset and liabilities assumed   $ 180,167              
Page Mill Hill                  
Consideration paid                  
Total consideration $ 150,000                
Allocation of consideration paid                  
Investment in real estate, net 131,402                
Land interest 0                
Above-market leases 307                
Below-market ground leases 12,125                
Deferred leasing costs and in-place intangibles 14,697                
Below-market leases (8,636)                
Net asset and liabilities assumed $ 149,895                
EOP Northern California Portfolio                  
Consideration paid                  
Cash consideration           $ 1,715,346      
Total consideration           3,815,700      
Allocation of consideration paid                  
Investment in real estate, net           3,610,039      
Above-market leases           28,759      
Below-market ground leases           52,065      
Deferred leasing costs and in-place intangibles           225,431      
Below-market leases           (99,472)      
Above-market ground leases           (1,095)      
Net asset and liabilities assumed           $ 3,815,727      
EOP Northern California Portfolio | Below Market Lease                  
Allocation of consideration paid                  
Weighted average amortization period           4 years 3 months 20 days      
EOP Northern California Portfolio | Above Market Ground Lease                  
Allocation of consideration paid                  
Weighted average amortization period           25 years 4 months 20 days      
EOP Northern California Portfolio | Above-market leases                  
Allocation of consideration paid                  
Weighted average amortization period           3 years      
EOP Northern California Portfolio | Below-market ground leases                  
Allocation of consideration paid                  
Weighted average amortization period           27 years 7 months 25 days      
EOP Northern California Portfolio | Deferred Leasing Costs and Lease Intangibles, Net                  
Allocation of consideration paid                  
Weighted average amortization period           3 years 6 months 20 days      
EOP Northern California Portfolio | Common Stock                  
Consideration paid                  
Equity consideration           $ 87      
EOP Northern California Portfolio | Additional Paid-in Capital                  
Consideration paid                  
Equity consideration           285,358      
EOP Northern California Portfolio | Hudson Pacific Partners, L.P.                  
Consideration paid                  
Total consideration           3,815,727      
EOP Northern California Portfolio | Hudson Pacific Partners, L.P. | Non-controlling Common Units in the Operating Partnership                  
Consideration paid                  
Equity consideration           $ 1,814,936      
4th and Traction                  
Consideration paid                  
Cash consideration         $ 49,250        
Total consideration         49,250        
Allocation of consideration paid                  
Investment in real estate, net         49,250        
Net asset and liabilities assumed         $ 49,250        
405 Mateo                  
Consideration paid                  
Cash consideration       $ 40,000          
Total consideration       40,000          
Allocation of consideration paid                  
Investment in real estate, net       40,000          
Net asset and liabilities assumed       $ 40,000          
Depreciation And Amortization Expense | 11601 Wilshire                  
Business Acquisition [Line Items]                  
Measurement-period adjustment to depreciation and amortization             $ 33