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Equity (Tables) | 3 Months Ended
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Mar. 31, 2020
Equity [Abstract] |
Comprehensive income (loss) | The table below presents the activity related to Hudson Pacific Properties Inc.’s accumulated other comprehensive (loss) income (“OCI”):
|  | Derivative Instruments |  | Currency Translation Adjustments |  | Total Equity
BALANCE AT DECEMBER 31, 2019 |  | $ | (2,391) |  |  | $ | 1,830 |  |  | $ | (561) |
Unrealized losses recognized in OCI |  | (12,157) |  |  | (4,950) |  |  | (17,107) |
Reclassification adjustment for realized gains(1) |  | (136) |  |  | — |  |  | (136) |
Net change in OCI |  | (12,293) |  |  | (4,950) |  |  | (17,243) |
BALANCE AT MARCH 31, 2020 |  | $ | (14,684) |  |  | $ | (3,120) |  |  | $ | (17,804) |
_____________ 1.The gains and losses on the Company’s derivative instruments are reported in the interest expense line item on the Consolidated Statements of Operations. Interest expense was $26.4 million for the three months ended March 31, 2020. The table below presents the activity related to Hudson Pacific Properties L.P.’s OCI:
|  | Derivative Instruments |  | Currency Translation Adjustments |  | Total Capital
BALANCE AT DECEMBER 31, 2019 |  | $ | (2,458) |  |  | $ | 1,845 |  |  | $ | (613) |
Unrealized losses recognized in OCI |  | (12,278) |  |  | (4,999) |  |  | (17,277) |
Reclassification adjustment for realized gains(1) |  | (137) |  |  | — |  |  | (137) |
Net change in OCI |  | (12,415) |  |  |  | (4,999) |  |  | (17,414) |
BALANCE AT MARCH 31, 2020 |  | $ | (14,873) |  |  | $ | (3,154) |  |  | $ | (18,027) |
_____________ 1.The gains and losses on the operating partnership’s derivative instruments are reported in the interest expense line item on the Consolidated Statements of Operations. Interest expense was $26.4 million for the three months ended March 31, 2020.
Schedule of ownership interest in operating partnership | The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units as of:
| March 31, 2020 |  | December 31, 2019
Company-owned common units in the operating partnership | 153,295,905 |  |  | 154,691,052 |
Company’s ownership interest percentage | 99.4 | % |  | 99.4 | %
Non-controlling units in the operating partnership(1) | 911,858 |  |  | 991,858 |
Non-controlling ownership interest percentage | 0.6 | % |  | 0.6 | %
_________________ 1.Represents units held by certain of the Company’s executive officers, directors and outside investors. As of March 31, 2020, this amount represents both common units and performance units of 550,969 and 360,889, respectively. As of December 31, 2019, this amount represents both common units and performance units of 550,969 and 360,889, respectively.
Schedule of dividends payable | The following table summarizes dividends declared and paid for the periods presented:
| Three Months Ended March 31, |  |  |  |  |  |
| 2020 |  | 2019 |  |  |  |
Common stock | $ | 0.25 |  |  | $ | 0.25 |  |  |  |  |
Common units | $ | 0.25 |  |  | $ | 0.25 |  |  |  |  |
Series A preferred units | $ | 0.3906 |  |  | $ | 0.3906 |  |  |  |  |
Performance units | $ | 0.25 |  |  | $ | 0.25 |  |  |  |  |
Payment date | March 30, 2020 |  | March 28, 2019 |  |  |  |
Record date | March 20, 2020 |  | March 18, 2019 |  |  |  |

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580 + Details
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