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Equity (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss (“AOCI”):
|  | Derivative Instruments |  | Currency Translation Adjustments |  | Total Accumulated Other Comprehensive Loss
BALANCE AT DECEMBER 31, 2023 |  | $ | 3,656 |  |  | $ | (3,843) |  |  | $ | (187) |
Unrealized gains recognized in AOCI |  | 2,112 |  |  | 3,826 |  |  | 5,938 |
Reclassification from AOCI into income(1) |  | (8,095) |  |  | — |  |  | (8,095) |
Net change in AOCI |  | (5,983) |  |  | 3,826 |  |  | (2,157) |
BALANCE AT SEPTEMBER 30, 2024 |  | $ | (2,327) |  |  | $ | (17) |  |  | $ | (2,344) |
__________________ 1.The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. The table below presents the activity related to Hudson Pacific Properties, L.P.’s AOCI:
|  | Derivative Instruments |  | Currency Translation Adjustments |  | Total Accumulated Other Comprehensive Loss
BALANCE AT DECEMBER 31, 2023 |  | $ | 3,813 |  |  | $ | (3,875) |  |  | $ | (62) |
Unrealized gains recognized in AOCI |  | 2,209 |  |  | 4,017 |  |  | 6,226 |
Reclassification from AOCI into income(1) |  | (8,500) |  |  | — |  |  | (8,500) |
Net change in AOCI |  | (6,291) |  |  | 4,017 |  |  | (2,274) |
BALANCE AT SEPTEMBER 30, 2024 |  | $ | (2,478) |  |  | $ | 142 |  |  | $ | (2,336) |
__________________ 1.The gains and losses on the operating partnership’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations.
Schedule of Other Ownership Interests | The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of:
| September 30, 2024 |  | December 31, 2023
Company-owned common units in the operating partnership | 141,232,361 |  |  | 141,034,806 |
Company’s ownership interest percentage | 97.5 | % |  | 98.0 | %
Non-controlling common units in the operating partnership(1) | 3,677,827 |  |  | 2,810,433 |
Non-controlling ownership interest percentage | 2.5 | % |  | 2.0 | %
_________________ 1.Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of September 30, 2024, this amount represents both common units and performance units of 550,969 and 3,126,858, re s pectively. As of December 31, 2023, this amount represents both common units and performance units in the amount of 550,969 and 2,259,464, respectively.
Schedule of Dividends | The following table summarizes dividends per share declared and paid for the periods presented:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Common stock(1) | $ | — |  |  | $ | — |  |  | $ | 0.10 |  |  | $ | 0.375 |
Common units and vested performance units(1) | $ | — |  |  | $ | — |  |  | $ | 0.10 |  |  | $ | 0.375 |
Series A preferred units | $ | 0.3906 |  |  | $ | 0.3906 |  |  | $ | 1.1718 |  |  | $ | 1.1718 |
Series C preferred stock | $ | 0.296875 |  |  | $ | 0.296875 |  |  | $ | 0.890625 |  |  | $ | 0.890625 |
Unvested performance units(1)(2) | $ | — |  |  | $ | — |  |  | $ | 0.01 |  |  | $ | 0.04 |
Payment date | September 30, 2024 |  | September 29, 2023 |  | N/A |  | N/A
Record date | September 20, 2024 |  | September 19, 2023 |  | N/A |  | N/A
_________________ 1.In September 2024, the Company suspended its quarterly common stock dividend. As a result, the common unit and performance unit dividends were also suspended. 2.Performance units are entitled to dividends equal to the common stock dividends declared by the Company. During their vesting period, unvested performance units receive 10% of the declared dividend, with the remainder payable as soon as practicable after the vesting date.

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
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