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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES        
Total revenues $ 196,285,000 $ 207,562,000 $ 601,122,000 $ 601,332,000
OPERATING EXPENSES        
Operating expenses 75,109,000 78,409,000 222,181,000 220,768,000
General and administrative 17,428,000 17,661,000 53,943,000 54,099,000
Depreciation and amortization 75,052,000 69,781,000 222,331,000 207,892,000
Total operating expenses 167,589,000 165,851,000 498,455,000 482,759,000
OTHER (EXPENSE) INCOME        
(Loss) income from unconsolidated real estate entity (105,000) (260,000) 69,000 (345,000)
Fee income 575,000 656,000 1,741,000 931,000
Interest expense (32,492,000) (26,590,000) (86,839,000) (77,492,000)
Interest income 1,056,000 1,002,000 3,129,000 3,034,000
Transaction-related expenses (181,000) (331,000) (440,000) (459,000)
Unrealized gain (loss) on non-real estate investment 513,000 0 (2,335,000) 0
Gain on sale of real estate 0 47,100,000 0 47,100,000
Impairment loss 0 0 0 (52,201,000)
Other income (loss) 576,000 (333,000) 1,606,000 (258,000)
Total other (expense) income (30,058,000) 21,244,000 (83,069,000) (79,690,000)
NET (LOSS) INCOME (1,362,000) 62,955,000 19,598,000 38,883,000
Net income attributable to preferred units (153,000) (153,000) (459,000) (459,000)
Net income attributable to participating securities (109,000) (274,000) (321,000) (138,000)
Net income attributable to non-controlling interest in consolidated real estate entities (5,170,000) (3,660,000) (12,577,000) (9,798,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities 1,304,000 347,000 2,707,000 1,505,000
Net loss (income) attributable to non-controlling interest in the operating partnership 54,000 (460,000) (89,000) (225,000)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (5,436,000) $ 58,755,000 $ 8,859,000 $ 29,768,000
BASIC AND DILUTED PER SHARE AMOUNTS        
Net (loss) income attributable to common stockholders - basic (in dollars per share) $ (0.04) $ 0.38 $ 0.06 $ 0.19
Net (loss) income attributable to common stockholders - diluted (in dollars per share) $ (0.04) $ 0.38 $ 0.06 $ 0.19
Weighted average shares of common stock outstanding—basic (in shares) 153,196,007 154,414,452 153,643,278 154,398,466
Weighted average shares of common stock outstanding—diluted 153,196,007 156,498,919 156,030,815 156,400,075
Hudson Pacific Partners L.P.        
REVENUES        
Total revenues $ 196,285,000 $ 207,562,000 $ 601,122,000 $ 601,332,000
OPERATING EXPENSES        
General and administrative 17,428,000 17,661,000 53,943,000 54,099,000
Depreciation and amortization 75,052,000 69,781,000 222,331,000 207,892,000
Total operating expenses 167,589,000 165,851,000 498,455,000 482,759,000
OTHER (EXPENSE) INCOME        
(Loss) income from unconsolidated real estate entity (105,000) (260,000) 69,000 (345,000)
Fee income 575,000 656,000 1,741,000 931,000
Interest expense (32,492,000) (26,590,000) (86,839,000) (77,492,000)
Interest income 1,056,000 1,002,000 3,129,000 3,034,000
Transaction-related expenses (181,000) (331,000) (440,000) (459,000)
Unrealized gain (loss) on non-real estate investment 513,000 0 (2,335,000) 0
Gain on sale of real estate 0 47,100,000 0 47,100,000
Impairment loss 0 0 0 (52,201,000)
Other income (loss) 576,000 (333,000) 1,606,000 (258,000)
Total other (expense) income (30,058,000) 21,244,000 (83,069,000) (79,690,000)
NET (LOSS) INCOME (1,362,000) 62,955,000 19,598,000 38,883,000
Net income attributable to preferred units (153,000) (153,000) (459,000) (459,000)
Net income attributable to participating securities (261,000) (460,000) (780,000) (232,000)
Net income attributable to non-controlling interest in consolidated real estate entities (5,170,000) (3,660,000) (12,577,000) (9,798,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities 1,304,000 347,000 2,707,000 1,505,000
Net (loss) income attributable to Hudson Pacific Properties, L.P. (5,228,000) 59,642,000 9,728,000 30,590,000
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (5,642,000) $ 59,029,000 $ 8,489,000 $ 29,899,000
BASIC AND DILUTED PER SHARE AMOUNTS        
Net (loss) income attributable to common unitholders —basic (in dollars per share) $ (0.04) $ 0.38 $ 0.05 $ 0.19
Net (loss) income attributable to common unitholders —diluted (in dollars per share) $ (0.04) $ 0.38 $ 0.05 $ 0.19
Weighted average shares of common units outstanding—basic (in shares) 154,107,865 155,135,225 154,555,136 155,077,381
Weighted average shares of common units outstanding—diluted (in shares) 154,107,865 156,010,568 155,422,136 155,911,724
Office segment        
REVENUES        
Rental $ 178,256,000 $ 179,197,000 $ 540,023,000 $ 521,650,000
Service and other revenues 2,460,000 6,162,000 11,428,000 18,339,000
Total revenues 180,716,000 185,359,000 551,451,000 539,989,000
OPERATING EXPENSES        
Operating expenses 66,075,000 66,969,000 194,546,000 188,680,000
Office segment | Hudson Pacific Partners L.P.        
REVENUES        
Rental 178,256,000 179,197,000 540,023,000 521,650,000
Service and other revenues 2,460,000 6,162,000 11,428,000 18,339,000
Total revenues 180,716,000 185,359,000 551,451,000 539,989,000
OPERATING EXPENSES        
Operating expenses 66,075,000 66,969,000 194,546,000 188,680,000
Studio segment        
REVENUES        
Rental 11,724,000 11,086,000 36,767,000 38,001,000
Service and other revenues 3,845,000 11,117,000 12,904,000 23,342,000
Total revenues 15,569,000 22,203,000 49,671,000 61,343,000
OPERATING EXPENSES        
Operating expenses 9,034,000 11,440,000 27,635,000 32,088,000
Studio segment | Hudson Pacific Partners L.P.        
REVENUES        
Rental 11,724,000 11,086,000 36,767,000 38,001,000
Service and other revenues 3,845,000 11,117,000 12,904,000 23,342,000
Total revenues 15,569,000 22,203,000 49,671,000 61,343,000
OPERATING EXPENSES        
Operating expenses $ 9,034,000 $ 11,440,000 $ 27,635,000 $ 32,088,000