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Organization | 6 Months Ended
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Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Organization | Organization Hudson Pacific Properties, Inc. is a Maryland corporation formed on November 9, 2009 as a fully integrated, self-administered and self-managed real estate investment trust (“REIT”). Through its controlling interest in the operating partnership and its subsidiaries, Hudson Pacific Properties, Inc. owns, manages, leases, acquires and develops real estate, consisting primarily of office and studio properties. Unless otherwise indicated or unless the context requires otherwise, all references in these financial statements to “the Company” refer to Hudson Pacific Properties, Inc. together with its consolidated subsidiaries, including Hudson Pacific Properties, L.P. Unless otherwise indicated or unless the context requires otherwise, all references to “our operating partnership” or “the operating partnership” refer to Hudson Pacific Properties, L.P. together with its consolidated subsidiaries. The Company’s portfolio consists of properties primarily located throughout the United States, Western Canada and Greater London, United Kingdom. The following table summarizes the Company’s portfolio as of June 30, 2024:
Segments |  | Number of Properties |  | Square Feet (unaudited)
Consolidated portfolio |  |  |  |
Office |  | 45 |  |  | 13,122,217 |
Studio |  | 4 |  |  | 1,498,706 |
Future development |  | 5 |  |  | 1,616,242 |
Total consolidated portfolio |  | 54 |  |  | 16,237,165 |
Unconsolidated portfolio(1) |  |  |  |
Office(2) |  | 1 |  |  | 1,529,491 |
Studio(3) |  | 1 |  |  | 232,000 |
Future development(4) |  | 2 |  |  | 1,617,347 |
Total unconsolidated portfolio |  | 4 |  |  | 3,378,838 |
TOTAL |  | 58 |  |  | 19,616,003 |
__________________ 1.The Company owns 20% of the unconsolidated joint venture entity that owns the Bentall Centre property, 35% of the unconsolidated joint venture entity that owns Sunset Waltham Cross Studios and approximately 26% of the unconsolidated joint venture entity that owns the Sunset Pier 94 Studios development. The square footage shown above represents 100% of the properties. 2.Includes Bentall Centre. 3.Includes Sunset Pier 94 Studios and no longer includes Sunset Glenoaks Studios, which is included in the consolidated studio total above. Refer to Note 2 for further details regarding the change in accounting treatment for Sunset Glenoaks Studios. 4.Includes land for the Burrard Exchange and Sunset Waltham Cross Studios.

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