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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Investment in real estate, at cost $ 8,562,340 $ 8,361,477
Accumulated depreciation and amortization (1,413,526) (1,283,774)
Investment in real estate, net 7,148,814 7,077,703
Non-real estate property, plant and equipment, net 60,222 58,469
Cash and cash equivalents 266,538 96,555
Restricted cash 49,025 100,321
Accounts receivable, net 15,602 25,339
Straight-line rent receivables, net 269,015 240,306
Deferred leasing costs and intangible assets, net 336,439 341,444
U.S. Government securities   129,321
Operating lease right-of-use assets 299,673 287,041
Prepaid expenses and other assets, net 99,151 119,000
Investment in unconsolidated real estate entities 161,845 154,731
Goodwill 109,473 109,439
Assets associated with real estate held for sale 234,841 250,520
TOTAL ASSETS 9,050,638 8,990,189
Liabilities    
Accounts payable, accrued liabilities and other 313,572 300,959
Operating lease liabilities 307,072 293,596
Intangible liabilities, net 37,485 42,290
Security deposits and prepaid rent 82,906 84,939
Liabilities associated with real estate held for sale 3,072 3,898
Total liabilities 5,065,674 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 126,420 129,449
Hudson Pacific Properties, Inc. stockholders’ equity    
Preferred stock, $0.01 par value, 18,400,000 authorized at June 30, 2022 and December 31, 2021, respectively; 4.750% Series C cumulative redeemable preferred stock, $25.00 per share liquidation preference, 17,000,000 outstanding at June 30, 2022 and December 31, 2021, respectively 425,000 425,000
Common stock, $0.01 par value, 481,600,000 authorized, 141,609,336 shares and 151,124,543 shares outstanding at June 30, 2022 and December 31, 2021, respectively 1,415 1,511
Additional paid-in capital 2,985,666 3,317,072
Accumulated other comprehensive loss (7,051) (1,761)
Total Hudson Pacific Properties, Inc. stockholders’ equity 3,405,030 3,741,822
Total equity 3,848,729 4,196,992
TOTAL LIABILITIES AND EQUITY 9,050,638 8,990,189
Non-controlling interest—members in consolidated real estate entities    
Hudson Pacific Properties, Inc. stockholders’ equity    
Non-controlling interest 384,707 402,971
Non-controlling interest—units in the operating partnership    
Hudson Pacific Properties, Inc. stockholders’ equity    
Non-controlling interest 58,992 52,199
Unsecured and secured debt, net    
Liabilities    
Notes payable, net 4,129,034 3,733,903
In-substance defeased debt    
Liabilities    
Notes payable, net 126,397 128,212
Joint venture partner debt    
Liabilities    
Notes payable, net $ 66,136 $ 66,136