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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Investment in real estate, at cost $ 8,212,896 $ 8,716,572
Accumulated depreciation and amortization (1,728,437) (1,541,271)
Investment in real estate, net 6,484,459 7,175,301
Non-real estate property, plant and equipment, net 118,783 130,289
Cash and cash equivalents 100,391 255,761
Restricted cash 18,765 29,970
Accounts receivable, net 24,609 16,820
Straight-line rent receivables, net 220,787 279,910
Deferred leasing costs and intangible assets, net 326,950 393,842
Operating lease right-of-use assets 376,306 401,051
Prepaid expenses and other assets, net 94,145 98,837
Investment in unconsolidated real estate entities 252,711 180,572
Goodwill 264,144 263,549
Assets associated with real estate held for sale 0 93,238
TOTAL ASSETS 8,282,050 9,319,140
Liabilities    
Accounts payable, accrued liabilities and other 203,736 264,098
Operating lease liabilities 389,210 399,801
Intangible liabilities, net 27,751 34,091
Security deposits, prepaid rent and other 88,734 83,797
Liabilities associated with real estate held for sale 0 665
Total liabilities 4,720,881 5,434,450
Commitments and contingencies (Note 19)
Redeemable preferred units of the operating partnership 9,815 9,815
Redeemable non-controlling interest in consolidated real estate entities 57,182 125,044
Hudson Pacific Properties, Inc. stockholders’ equity:    
Common stock, $0.01 par value, 481,600,000 authorized, 141,034,806 and 141,054,478 shares outstanding at December 31, 2023 and 2022, respectively 1,403 1,409
Additional paid-in capital 2,651,798 2,889,967
Accumulated other comprehensive loss (187) (11,272)
Total Hudson Pacific Properties, Inc. stockholders’ equity 3,078,014 3,305,104
Total equity 3,494,172 3,749,831
TOTAL LIABILITIES AND CAPITAL 8,282,050 9,319,140
Non-controlling interest—members in consolidated real estate entities    
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling interest 335,439 377,756
Non-controlling interest—units in the operating partnership    
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling interest 80,719 66,971
4.750% Series C Cumulative Redeemable Preferred Stock    
Hudson Pacific Properties, Inc. stockholders’ equity:    
4.750% Series C cumulative redeemable preferred stock, $0.01 par value, $25.00 per share liquidation preference, 18,400,000 authorized, 17,000,000 shares outstanding at December 31, 2023 and 2022 425,000 425,000
Unsecured and secured debt, net    
Liabilities    
Debt, net 3,945,314 4,585,862
Joint venture partner debt    
Liabilities    
Debt, net $ 66,136 $ 66,136