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CONSOLIDATED BALANCE SHEETS L.P. - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Investment in real estate, at cost $ 8,405,272 $ 8,361,477
Accumulated depreciation and amortization (1,354,245) (1,283,774)
Investment in real estate, net 7,051,027 7,077,703
Non-real estate property, plant and equipment, net 59,894 58,469
Cash and cash equivalents 137,598 96,555
Restricted cash 60,183 100,321
Accounts receivable, net 28,671 25,339
Straight-line rent receivables, net 255,772 240,306
Deferred leasing costs and intangible assets, net 325,641 341,444
U.S. Government securities 127,157 129,321
Operating lease right-of-use assets 308,409 287,041
Prepaid expenses and other assets, net 140,776 119,000
Investment in unconsolidated real estate entities 160,821 154,731
Goodwill 109,439 109,439
Assets associated with real estate held for sale 239,020 250,520
TOTAL ASSETS 9,004,408 8,990,189
LIABILITIES    
Accounts payable, accrued liabilities and other 318,651 300,959
Operating lease liabilities 315,386 293,596
Intangible liabilities, net 39,472 42,290
Security deposits and prepaid rent 78,741 84,939
Liabilities associated with real estate held for sale 5,114 3,898
TOTAL LIABILITIES 4,923,445 4,653,933
Commitments and contingencies
Redeemable preferred units of the operating partnership 9,815 9,815
Redeemable non-controlling interest in consolidated real estate entities 127,684 129,449
Hudson Pacific Properties, L.P. partners’ capital    
Accumulated other comprehensive loss (676) (1,761)
TOTAL LIABILITIES AND EQUITY 9,004,408 8,990,189
Unsecured and Secured Debt    
LIABILITIES    
Notes payable, net 3,972,651 3,733,903
In-substance defeased debt    
LIABILITIES    
Notes payable, net 127,294 128,212
Joint venture partner debt    
LIABILITIES    
Notes payable, net 66,136 66,136
Hudson Pacific Partners L.P.    
ASSETS    
Investment in real estate, at cost 8,405,272 8,361,477
Accumulated depreciation and amortization (1,354,245) (1,283,774)
Investment in real estate, net 7,051,027 7,077,703
Non-real estate property, plant and equipment, net 59,894 58,469
Cash and cash equivalents 137,598 96,555
Restricted cash 60,183 100,321
Accounts receivable, net 28,671 25,339
Straight-line rent receivables, net 255,772 240,306
Deferred leasing costs and intangible assets, net 325,641 341,444
U.S. Government securities 127,157 129,321
Operating lease right-of-use assets 308,409 287,041
Prepaid expenses and other assets, net 140,776 119,000
Investment in unconsolidated real estate entities 160,821 154,731
Goodwill 109,439 109,439
Assets associated with real estate held for sale 239,020 250,520
TOTAL ASSETS 9,004,408 8,990,189
LIABILITIES    
Accounts payable, accrued liabilities and other 318,651 300,959
Operating lease liabilities 315,386 293,596
Intangible liabilities, net 39,472 42,290
Security deposits and prepaid rent 78,741 84,939
Liabilities associated with real estate held for sale 5,114 3,898
TOTAL LIABILITIES 4,923,445 4,653,933
Commitments and contingencies
Redeemable preferred units of the operating partnership 9,815 9,815
Redeemable non-controlling interest in consolidated real estate entities 127,684 129,449
Hudson Pacific Properties, L.P. partners’ capital    
4.750% Series C cumulative redeemable preferred units, $25.00 per unit liquidation preference, 17,000,000 outstanding at March 31, 2022 and December 31, 2021, respectively 425,000 425,000
Common units, 146,405,432 and 152,967,441 outstanding at March 31, 2022 and December 31, 2021, respectively 3,120,198 3,370,800
Accumulated other comprehensive loss (675) (1,779)
Total Hudson Pacific Properties, L.P. partners’ capital 3,544,523 3,794,021
Non-controlling interest—members in consolidated real estate entities 398,941 402,971
Total capital 3,943,464 4,196,992
TOTAL LIABILITIES AND EQUITY 9,004,408 8,990,189
Hudson Pacific Partners L.P. | Unsecured and Secured Debt    
LIABILITIES    
Notes payable, net 3,972,651 3,733,903
Hudson Pacific Partners L.P. | In-substance defeased debt    
LIABILITIES    
Notes payable, net 127,294 128,212
Hudson Pacific Partners L.P. | Joint venture partner debt    
LIABILITIES    
Notes payable, net $ 66,136 $ 66,136