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Equity (Tables) | 12 Months Ended
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Dec. 31, 2020
Equity [Abstract] |
Schedule of Accumulated Other 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 January 1, 2018 | $ | 13,227 |  |  | $ | — |  |  | $ | 13,227 |
Unrealized gain recognized in OCI | 7,331 |  |  | — |  |  | 7,331 |
Reclassification from OCI into income | (3,287) |  |  | — |  |  | (3,287) |
Net change in OCI | 4,044 |  |  | — |  |  | 4,044 |
Cumulative adjustment related to adoption of ASU 2017-12 | 230 |  |  | — |  |  | 230 |
Balance at December 31, 2018 | 17,501 |  |  | — |  |  | 17,501 |
Unrealized (loss) gain recognized in OCI | (14,438) |  |  | 1,830 |  |  | (12,608) |
Reclassification from OCI into income | (5,454) |  |  | — |  |  | (5,454) |
Net change in OCI | (19,892) |  |  | 1,830 |  |  | (18,062) |
Balance at December 31, 2019 | (2,391) |  |  | 1,830 |  |  | (561) |
Unrealized (loss) gain recognized in OCI | (14,407) |  |  | 1,415 |  |  | (12,992) |
Reclassification from OCI into income | 5,420 |  |  | — |  |  | 5,420 |
Net change in OCI | (8,987) |  |  | 1,415 |  |  | (7,572) |
Balance at December 31, 2020 | $ | (11,378) |  |  | $ | 3,245 |  |  | $ | (8,133) |
The table below presents the activity related to Hudson Pacific Properties, LP’s accumulated OCI:
| Derivative Instruments |  | Currency Translation Adjustments |  | Total Equity
Balance at January 1, 2018 | $ | 13,276 |  |  | $ | — |  |  | $ | 13,276 |
Unrealized gain recognized in OCI | 7,358 |  |  | — |  |  | 7,358 |
Reclassification from OCI into income | (3,300) |  |  | — |  |  | (3,300) |
Net change in OCI | 4,058 |  |  | — |  |  | 4,058 |
Cumulative adjustment related to adoption of ASU 2017-12 | 231 |  |  | — |  |  | 231 |
Balance at December 31, 2018 | 17,565 |  |  | — |  |  | 17,565 |
Unrealized (loss) gain recognized in OCI | (14,533) |  |  | 1,845 |  |  | (12,688) |
Reclassification from OCI into income | (5,490) |  |  | — |  |  | (5,490) |
Net change in OCI | (20,023) |  |  | 1,845 |  |  | (18,178) |
Balance at December 31, 2019 | (2,458) |  |  | 1,845 |  |  | (613) |
Unrealized (loss) income recognized in OCI | (14,471) |  |  | 1,394 |  |  | (13,077) |
Reclassification from OCI into income | 5,444 |  |  | — |  |  | 5,444 |
Net change in OCI | (9,027) |  |  | 1,394 |  |  | (7,633) |
Balance at December 31, 2020 | $ | (11,485) |  |  | $ | 3,239 |  |  | $ | (8,246) |
Schedule of Other Ownership Interests | The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units as of:
|  | December 31, 2020 |  | December 31, 2019 |  | December 31, 2018
Company-owned common units in the operating partnership |  | 151,401,365 |  |  | 154,691,052 |  |  | 154,371,538 |
Company’s ownership interest percentage |  | 99.1 | % |  | 99.4 | % |  | 99.6 | %
Non-controlling common units in the operating partnership(1) |  | 1,321,083 |  |  | 911,858 |  |  | 569,045 |
Non-controlling ownership interest percentage |  | 0.9 | % |  | 0.6 | % |  | 0.4 | %
_________________ 1.Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of December 31, 2020, this amount represents both common units and performance units of 550,969 and 770,114, respectively. As of December 31, 2019, this amount represents both common units and performance units of 550,969 and 360,889, respectively. As of December 31, 2018, this amount represents common units of 569,045.
Schedule of Dividends | The following table summarizes dividends declared and paid for the periods presented:
| For the Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Common stock(1) | $ | 1.00 |  |  | $ | 1.00 |  |  | $ | 1.00 |
Common units (1) | $ | 1.00 |  |  | $ | 1.00 |  |  | $ | 1.00 |
Series A preferred units (1) | $ | 1.5625 |  |  | $ | 1.5625 |  |  | $ | 1.5625 |
_________________ 1.The fourth quarter 2020 dividends were paid on December 31, 2020 to shareholders and unitholders of record on December 21, 2020.
Schedule of Dividends Taxability | The Company’s dividends related to its common stock will be classified for U.S. federal income tax purposes as follows (unaudited):
|  |  | Ordinary Dividends | Capital Gains |
Record Date | Payment Date | Distribution Per Share | Total | Non-Qualified | Qualified | Total | Long Term | Unrecaptured Section 1250 | Nondividend Distributions
3/20/2020 | 3/30/2020 | $ | 0.25000 |  | $ | 0.00000 |  | $ | 0.00000 |  | $ | 0.00000 |  | $ | 0.25000 |  | $ | 0.20325 |  | $ | 0.04675 |  | $ | 0.00000 |
6/19/2020 | 6/29/2020 | 0.25000 |  | 0.00000 |  | 0.00000 |  | 0.00000 |  | 0.25000 |  | 0.20325 |  | 0.04675 |  | 0.00000 |
9/18/2020 | 9/28/2020 | 0.25000 |  | 0.00000 |  | 0.00000 |  | 0.00000 |  | 0.25000 |  | 0.20325 |  | 0.04675 |  | 0.00000 |
12/21/2020 | 12/31/2020 | 0.25000 |  | 0.00000 |  | 0.00000 |  | 0.00000 |  | 0.25000 |  | 0.20325 |  | 0.04675 |  | 0.00000 |
| TOTALS | $ | 1.00000 |  | $ | 0.00000 |  | $ | 0.00000 |  | $ | 0.00000 |  | $ | 1.00000 |  | $ | 0.81300 |  | $ | 0.18700 |  | $ | 0.00000 |
|  | 100.00 | % | 0.00 | % |  |  | 100.00 | % |  |  | 0.00 | %

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