XML 57 R44.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]  
Schedule of earnings per share
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share for net income available to common stockholders:
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Numerator:
Basic net income (loss) available to common stockholders
$3,691  $9,786  $14,468  $(29,606) 
Effect of dilutive instruments
39  —  146  —  
Diluted net income (loss) available to common stockholders$3,730  $9,786  $14,614  $(29,606) 
Denominator:
Basic weighted average common shares outstanding153,306,976  154,384,586  153,869,789  154,390,340  
Effect of dilutive instruments(1)
2,314,537  302,675  2,645,537  —  
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING155,621,513  154,687,261  156,515,326  154,390,340  
Basic earnings (loss) per common share$0.02  $0.06  $0.09  $(0.19) 
Diluted earnings (loss) per common share$0.02  $0.06  $0.09  $(0.19) 
________________
1.The Company includes unvested awards and convertible common and participating 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.
Hudson Pacific Partners L.P.  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]  
Schedule of earnings per share
The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit for net income available to common unitholders:
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Numerator:
Basic and diluted net income (loss) available to common unitholders$3,713  $9,863  $14,553  $(29,714) 
Denominator:
Basic weighted average common units outstanding154,218,834  155,105,359  154,781,647  155,047,979  
Effect of dilutive instruments(1)
794,000  1,069,645  1,125,000  —  
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING155,012,834  156,175,004  155,906,647  155,047,979  
Basic earnings (loss) per common unit$0.02  $0.06  $0.09  $(0.19) 
Diluted earnings (loss) per common unit$0.02  $0.06  $0.09  $(0.19) 
________________
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.