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CONSOLIDATED BALANCE SHEETS L.P. - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Investment in real estate, at cost $ 8,856,229 $ 8,716,572
Accumulated depreciation and amortization (1,686,943) (1,541,271)
Investment in real estate, net 7,169,286 7,175,301
Non-real estate property, plant and equipment, net 119,526 130,289
Cash and cash equivalents 109,220 255,761
Restricted cash 18,583 29,970
Accounts receivable, net 18,921 16,820
Straight-line rent receivables, net 294,050 279,910
Deferred leasing costs and intangible assets, net 371,525 393,842
Operating lease right-of-use assets 393,911 401,051
Prepaid expenses and other assets, net 128,836 98,837
Investment in unconsolidated real estate entities 218,422 180,572
Goodwill 263,549 263,549
Assets associated with real estate held for sale 0 93,238
TOTAL ASSETS 9,105,829 9,319,140
Liabilities    
Accounts payable, accrued liabilities and other 274,294 264,098
Operating lease liabilities 395,170 399,801
Intangible liabilities, net 30,798 34,091
Security deposits, prepaid rent and other 92,021 83,797
Liabilities associated with real estate held for sale 0 665
Total liabilities 5,331,526 5,434,450
Commitments and contingencies (note 21)
Redeemable preferred units of the operating partnership 9,815 9,815
Redeemable non-controlling interest in consolidated real estate entities 119,136 125,044
Hudson Pacific Properties, L.P. partners’ capital    
Accumulated other comprehensive income (loss) 6,413 (11,272)
TOTAL LIABILITIES AND EQUITY 9,105,829 9,319,140
Unsecured and Secured Debt    
Liabilities    
Notes payable, net 4,473,107 4,585,862
Joint venture partner debt    
Liabilities    
Notes payable, net 66,136 66,136
Hudson Pacific Partners L.P.    
ASSETS    
Investment in real estate, at cost 8,856,229 8,716,572
Accumulated depreciation and amortization (1,686,943) (1,541,271)
Investment in real estate, net 7,169,286 7,175,301
Non-real estate property, plant and equipment, net 119,526 130,289
Cash and cash equivalents 109,220 255,761
Restricted cash 18,583 29,970
Accounts receivable, net 18,921 16,820
Straight-line rent receivables, net 294,050 279,910
Deferred leasing costs and intangible assets, net 371,525 393,842
Operating lease right-of-use assets 393,911 401,051
Prepaid expenses and other assets, net 128,836 98,837
Investment in unconsolidated real estate entities 218,422 180,572
Goodwill 263,549 263,549
Assets associated with real estate held for sale 0 93,238
TOTAL ASSETS 9,105,829 9,319,140
Liabilities    
Accounts payable, accrued liabilities and other 274,294 264,098
Operating lease liabilities 395,170 399,801
Intangible liabilities, net 30,798 34,091
Security deposits, prepaid rent and other 92,021 83,797
Liabilities associated with real estate held for sale 0 665
Total liabilities 5,331,526 5,434,450
Commitments and contingencies (note 21)
Redeemable preferred units of the operating partnership 9,815 9,815
Redeemable non-controlling interest in consolidated real estate entities 119,136 125,044
Hudson Pacific Properties, L.P. partners’ capital    
4.750% Series C cumulative redeemable preferred units, $25.00 per unit liquidation preference, 17,000,000 units outstanding at June 30, 2023 and December 31, 2022 425,000 425,000
Common units, 143,456,164 and 143,246,320 outstanding at June 30, 2023 and December 31, 2022, respectively 2,858,354 2,958,535
Accumulated other comprehensive income (loss) 6,728 (11,460)
Total Hudson Pacific Properties, L.P. partners’ capital 3,290,082 3,372,075
Non-controlling interest—members in consolidated real estate entities 355,270 377,756
Total capital 3,645,352 3,749,831
TOTAL LIABILITIES AND EQUITY 9,105,829 9,319,140
Hudson Pacific Partners L.P. | Unsecured and Secured Debt    
Liabilities    
Notes payable, net 4,473,107 4,585,862
Hudson Pacific Partners L.P. | Joint venture partner debt    
Liabilities    
Notes payable, net $ 66,136 $ 66,136