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CONSOLIDATED STATEMENTS OF CAPITAL L.P. - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Increase (Decrease) in Partners' Capital        
Beginning balance (in shares)     141,034,806  
Contributions $ 6,403 $ 7,326 $ 19,588 $ 21,531
Distributions (5,316) (15,471) (24,013) (53,910)
Purchase of non-controlling interest     (40,937)  
Effect of consolidation of previously unconsolidated real estate entity     55,593  
Transaction costs     (79)  
Repurchase of common units       (1,369)
Units withheld to satisfy tax withholding obligations     (495) (87)
Declared distributions (5,047) (5,047) (30,518) (70,101)
Amortization of unit-based compensation 6,268 6,252 20,488 19,153
Net income (loss) (106,198) (34,974) (205,298) (80,169)
Other comprehensive (loss) income $ (5,606) (2,613) $ (2,189) 15,946
Ending balance (in shares) 141,232,361   141,232,361  
Hudson Pacific Partners L.P.        
Increase (Decrease) in Partners' Capital        
Beginning balance $ 3,395,808 3,645,352 $ 3,494,172 3,749,831
Beginning balance (in shares)     143,845,239  
Contributions 6,403 7,326 $ 19,588 21,531
Distributions (5,316) (15,471) (24,013) (53,910)
Purchase of non-controlling interest     (40,937)  
Effect of consolidation of previously unconsolidated real estate entity     55,593  
Transaction costs     (79)  
Repurchase of common units       (1,369)
Units withheld to satisfy tax withholding obligations     (495) (87)
Declared distributions (5,047) (5,047) (30,518) (70,101)
Amortization of unit-based compensation 6,268 6,252 20,488 19,153
Net income (loss) (106,198) (34,974) (205,298) (80,169)
Other comprehensive (loss) income (5,606) (2,613) (2,189) 15,946
Ending balance $ 3,286,312 3,600,825 $ 3,286,312 3,600,825
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 $ 3,219,462 3,290,082 $ 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 (5,047) (5,047) (30,518) (70,101)
Amortization of unit-based compensation 6,268 6,252 20,488 19,153
Net income (loss) (95,421) (33,222) (186,601) (79,794)
Other comprehensive (loss) income (5,427) (2,298) (2,274) 15,890
Ending balance 3,119,835 3,255,767 3,119,835 3,255,767
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) (15,141) (15,141)
Net income (loss) 5,047 5,047 15,141 15,141
Ending balance 425,000 425,000 425,000 425,000
Hudson Pacific Partners L.P. | Common units        
Increase (Decrease) in Partners' Capital        
Beginning balance $ 2,791,371 $ 2,858,354 $ 2,733,795 $ 2,958,535
Beginning balance (in shares) 144,910,188 143,456,164 143,845,239 143,246,320
Purchase of non-controlling interest     $ 160,581  
Transaction costs     $ (79)  
Issuance of unrestricted units (in shares)     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 $ 0   (15,377) (54,960)
Amortization of unit-based compensation 6,268 $ 6,252 20,488 19,153
Net income (loss) (100,468) (38,269) (201,742) (94,935)
Ending balance $ 2,697,171 $ 2,826,337 $ 2,697,171 $ 2,826,337
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 $ 3,091 $ 6,728 $ (62) $ (11,460)
Other comprehensive (loss) income (5,427) (2,298) (2,274) 15,890
Ending balance (2,336) 4,430 (2,336) 4,430
Hudson Pacific Partners L.P. | Non-controlling Interest - Real Estate Entities        
Increase (Decrease) in Partners' Capital        
Beginning balance 176,346 355,270 335,439 377,756
Contributions 6,403 7,326 19,588 21,531
Distributions (5,316) (15,471) (24,013) (53,910)
Purchase of non-controlling interest     (201,518)  
Effect of consolidation of previously unconsolidated real estate entity     55,593  
Net income (loss) (10,777) (1,752) (18,697) (375)
Other comprehensive (loss) income (179) (315) 85 56
Ending balance $ 166,477 $ 345,058 $ 166,477 $ 345,058