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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of earnings per share
The following table reconciles the numerator and denominator in computing Hudson Pacific Properties, Inc.’s basic and diluted earnings per share for net income available to common stockholders:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Basic and diluted net income available to Hudson Pacific Properties, Inc. common stockholders
$
11,064


$
1,847


$
35,132


$
4,939

Denominator:
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
155,302,800

 
115,083,622

 
152,874,952

 
99,862,583

Effect of dilutive instruments(1)
790,936

 
1,179,000

 
773,936

 
1,117,000

Diluted weighted average common shares outstanding
156,093,736

 
116,262,622

 
153,648,888

 
100,979,583

Basic earnings per common share
$
0.07

 
$
0.02

 
$
0.23

 
$
0.05

Diluted earnings per common share
$
0.07

 
$
0.02

 
$
0.23

 
$
0.05

________________
(1)
The Company includes unvested awards and convertible common units as contingently issuable shares in the computation of diluted earnings per share once the market criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per share calculation.
The following table reconciles the numerator and denominator in computing Hudson Pacific Properties, L.P.’s basic and diluted earnings per unit for net income available to common unitholders:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Basic and diluted net income available to Hudson Pacific Properties, L.P. common unitholders
$
11,105

 
$
2,337

 
$
35,388

 
$
7,296

Denominator:
 
 
 
 
 
 
 
Basic weighted average common units outstanding
155,871,845

 
145,614,312

 
153,736,796

 
145,550,685

Effect of dilutive instruments(1)
790,936

 
1,179,000

 
773,936

 
1,117,000

Diluted weighted average common units outstanding
156,662,781

 
146,793,312

 
154,510,732

 
146,667,685

Basic earnings per common unit
$
0.07

 
$
0.02

 
$
0.23

 
$
0.05

Diluted earnings per common unit
$
0.07

 
$
0.02

 
$
0.23

 
$
0.05

________________
(1)
The operating partnership includes unvested awards as contingently issuable units in the computation of diluted earnings per unit once the market criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per unit calculation.