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CONSOLIDATED STATEMENTS OF CAPITAL L.P. - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Increase (Decrease) in Partners' Capital        
Beginning balance (in shares)     141,034,806  
Contributions $ 8,481 $ 7,708 $ 13,185 $ 14,205
Distributions (4,612) (28,880) (18,697) (38,439)
Purchase of non-controlling interest     (40,937)  
Effect of consolidation of previously unconsolidated real estate entity 55,593   55,593  
Transaction costs (79)   (79)  
Repurchase of common units       1,369
Units withheld to satisfy tax withholding obligations     (495) (87)
Declared distributions (12,555) (23,342) (25,471) (65,054)
Amortization of unit-based compensation 7,286 6,993 14,220 12,901
Net income (loss) (46,749) (31,119) (99,100) (45,195)
Other comprehensive (loss) income $ (121) 15,110 $ 3,417 18,559
Ending balance (in shares) 141,232,361   141,232,361  
Hudson Pacific Partners L.P.        
Increase (Decrease) in Partners' Capital        
Beginning balance $ 3,388,564 3,698,882 $ 3,494,172 3,749,831
Beginning balance (in shares)     143,845,239  
Contributions 8,481 7,708 $ 13,185 14,205
Distributions (4,612) (28,880) (18,697) (38,439)
Effect of consolidation of previously unconsolidated real estate entity 55,593   55,593  
Transaction costs     (79)  
Repurchase of common units       1,369
Units withheld to satisfy tax withholding obligations     (495) (87)
Declared distributions (12,555) (23,342) (25,471) (65,054)
Amortization of unit-based compensation 7,286 6,993 14,220 12,901
Net income (loss) (46,749) (31,119) (99,100) (45,195)
Other comprehensive (loss) income (121) 15,110 3,417 18,559
Ending balance $ 3,395,808 3,645,352 $ 3,395,808 3,645,352
Ending balance (in shares) 144,910,188   144,910,188  
Hudson Pacific Partners L.P. | Total Partners’ Capital        
Increase (Decrease) in Partners' Capital        
Beginning balance $ 3,268,038 3,322,922 $ 3,158,733 3,372,075
Purchase of non-controlling interest     160,581  
Transaction costs     (79)  
Repurchase of common units       1,369
Units withheld to satisfy tax withholding obligations     (495) (87)
Declared distributions (12,555) (23,342) (25,471) (65,054)
Amortization of unit-based compensation 7,286 6,993 14,220 12,901
Net income (loss) (42,998) (31,465) (91,180) (46,572)
Other comprehensive (loss) income (230) 14,974 3,153 18,188
Ending balance 3,219,462 3,290,082 3,219,462 3,290,082
Hudson Pacific Partners L.P. | Preferred Units        
Increase (Decrease) in Partners' Capital        
Beginning balance 425,000 425,000 425,000 425,000
Declared distributions (5,047) (5,047) (10,094) (10,094)
Net income (loss) 5,047 5,047 10,094 10,094
Ending balance 425,000 425,000 425,000 425,000
Hudson Pacific Partners L.P. | Common units        
Increase (Decrease) in Partners' Capital        
Beginning balance $ 2,839,717 $ 2,906,168 $ 2,733,795 $ 2,958,535
Beginning balance (in shares) 144,822,419 143,407,231 143,845,239 143,246,320
Purchase of non-controlling interest     $ 160,581  
Transaction costs     $ (79)  
Issuance of unrestricted units (in shares) 87,769 48,933 1,137,106 409,481
Repurchase of common units (in shares)       187,400
Repurchase of common units       $ 1,369
Units withheld to satisfy tax withholding obligations (in shares)     (72,157) (12,237)
Units withheld to satisfy tax withholding obligations     $ (495) $ (87)
Declared distributions $ (7,508) $ (18,295) (15,377) (54,960)
Amortization of unit-based compensation 7,286 6,993 14,220 12,901
Net income (loss) (48,045) (36,512) (101,274) (56,666)
Ending balance $ 2,791,371 $ 2,858,354 $ 2,791,371 $ 2,858,354
Ending balance (in shares) 144,910,188 143,456,164 144,910,188 143,456,164
Hudson Pacific Partners L.P. | Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital        
Beginning balance $ 3,321 $ (8,246) $ (62) $ (11,460)
Other comprehensive (loss) income (230) 14,974 3,153 18,188
Ending balance 3,091 6,728 3,091 6,728
Hudson Pacific Partners L.P. | Non-controlling Interest - Real Estate Entities        
Increase (Decrease) in Partners' Capital        
Beginning balance 120,526 375,960 335,439 377,756
Contributions 8,481 7,708 13,185 14,205
Distributions (4,612) (28,880) (18,697) (38,439)
Purchase of non-controlling interest     (201,518)  
Effect of consolidation of previously unconsolidated real estate entity 55,593   55,593  
Net income (loss) (3,751) 346 (7,920) 1,377
Other comprehensive (loss) income 109 136 264 371
Ending balance $ 176,346 $ 355,270 $ 176,346 $ 355,270