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Equity (Tables) | 9 Months Ended
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Sep. 30, 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 |  | (14,155) |  |  | (1,639) |  |  | (15,794) |
Reclassification adjustment for realized gains(1) |  | 3,560 |  |  | — |  |  | 3,560 |
Net change in OCI |  | (10,595) |  |  | (1,639) |  |  | (12,234) |
BALANCE AT SEPTEMBER 30, 2020 |  | $ | (12,986) |  |  | $ | 191 |  |  | $ | (12,795) |
_____________ 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 $86.8 million for the nine months ended September 30, 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 |  | (14,306) |  |  | (1,651) |  |  | (15,957) |
Reclassification adjustment for realized gains(1) |  | 3,598 |  |  | — |  |  | 3,598 |
Net change in OCI |  | (10,708) |  |  | (1,651) |  |  | (12,359) |
BALANCE AT SEPTEMBER 30, 2020 |  | $ | (13,166) |  |  | $ | 194 |  |  | $ | (12,972) |
_____________ 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 $86.8 million for the nine months ended September 30, 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:
| September 30, 2020 |  | December 31, 2019
Company-owned common units in the operating partnership | 152,143,492 |  |  | 154,691,052 |
Company’s ownership interest percentage | 99.4 | % |  | 99.4 | %
Non-controlling units in the operating partnership(1) | 911,858 |  |  | 911,858 |
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 September 30, 2020, this amount represents both common units and performance units in the amount of 550,969 and 360,889, respectively. As of December 31, 2019, this amount represents both common units and performance units in the amount 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 September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Common stock | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.75 |  |  | $ | 0.75 |
Common units | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.75 |  |  | $ | 0.75 |
Series A preferred units | $ | 0.3906 |  |  | $ | 0.3906 |  |  | $ | 1.1718 |  |  | $ | 1.1718 |
Performance units | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.75 |  |  | $ | 0.75 |
Payment date | September 28, 2020 |  | September 30, 2019 |  | N/A |  | N/A
Record date | September 18, 2020 |  | September 20, 2019 |  | N/A |  | N/A

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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=121641772&loc=d3e526-108580 + Details
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