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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
REAL ESTATE ASSETS    
Land $ 1,265,399 $ 1,265,399
Building and improvements 4,628,355 4,502,235
Tenant improvements 393,525 373,778
Furniture and fixtures 4,231 4,276
Property under development 216,499 295,239
Total real estate held for investment 6,508,009 6,440,927
Accumulated depreciation and amortization (463,882) (419,368)
Investment in real estate, net 6,044,127 6,021,559
Cash and cash equivalents 115,690 83,015
Restricted cash 18,000 25,177
Accounts receivable, net 2,009 6,852
Straight-line rent receivables, net 84,850 87,281
Deferred leasing costs and lease intangible assets, net 296,645 309,962
Derivative assets 8,558 5,935
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 84,582 27,153
Investment in unconsolidated entities 0 66,082
Assets associated with real estate held for sale 38,546 37,228
TOTAL ASSETS 6,701,761 6,678,998
LIABILITIES AND EQUITY    
Notes payable, net 2,388,388 2,688,010
Accounts payable and accrued liabilities 135,198 120,444
Lease intangible liabilities, net 73,033 80,130
Security deposits 33,019 31,495
Prepaid rent 34,779 40,755
Derivative liabilities 967 1,303
Liabilities associated with real estate held for sale 0 3,934
TOTAL LIABILITIES 2,665,384 2,966,071
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, 155,279,629 shares and 136,492,235 shares outstanding at March 31, 2017 and December 31, 2016, respectively 1,553 1,364
Additional paid-in capital 3,691,819 3,109,394
Accumulated other comprehensive income 8,710 9,496
Accumulated income (deficit) 3,784 (16,971)
Total Hudson Pacific Properties, Inc. stockholders’ equity 3,705,866 3,103,283
Partners’ capital:    
TOTAL EQUITY 4,026,200 3,702,750
TOTAL LIABILITIES AND EQUITY 6,701,761 6,678,998
Hudson Pacific Partners L.P.    
REAL ESTATE ASSETS    
Land 1,265,399 1,265,399
Building and improvements 4,628,355 4,502,235
Tenant improvements 393,525 373,778
Furniture and fixtures 4,231 4,276
Property under development 216,499 295,239
Total real estate held for investment 6,508,009 6,440,927
Accumulated depreciation and amortization (463,882) (419,368)
Investment in real estate, net 6,044,127 6,021,559
Cash and cash equivalents 115,690 83,015
Restricted cash 18,000 25,177
Accounts receivable, net 2,009 6,852
Straight-line rent receivables, net 84,850 87,281
Deferred leasing costs and lease intangible assets, net 296,645 309,962
Derivative assets 8,558 5,935
Goodwill 8,754 8,754
Prepaid expenses and other assets, net 84,582 27,153
Investment in unconsolidated entities 0 66,082
Assets associated with real estate held for sale 38,546 37,228
TOTAL ASSETS 6,701,761 6,678,998
LIABILITIES AND EQUITY    
Notes payable, net 2,388,388 2,688,010
Accounts payable and accrued liabilities 135,198 120,444
Lease intangible liabilities, net 73,033 80,130
Security deposits 33,019 31,495
Prepaid rent 34,779 40,755
Derivative liabilities 967 1,303
Liabilities associated with real estate held for sale 0 3,934
TOTAL LIABILITIES 2,665,384 2,966,071
6.25% Series A cumulative redeemable preferred units of the operating partnership 10,177 10,177
Partners’ capital:    
Common units, 155,848,674 and 145,942,855 issued and outstanding at March 31, 2017 and December 31, 2016, respectively. 3,718,762 3,398,142
Non-controlling interest—members in consolidated entities 307,438 304,608
TOTAL CAPITAL 4,026,200 3,702,750
TOTAL LIABILITIES AND EQUITY 6,701,761 6,678,998
Non-controlling interest—members in consolidated entities    
Partners’ capital:    
Non-controlling interest—members in Consolidated Entities and Non-controlling units in the Operating Partnership 307,438 304,608
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 12,896 294,859
TOTAL EQUITY $ 12,896 $ 294,859