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Equity (Tables)
6 Months Ended
Jun. 30, 2025
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 income (loss) (“AOCI”):
Derivative Instruments
Currency Translation Adjustments
Total Accumulated Other Comprehensive (Loss) Income
BALANCE AT DECEMBER 31, 2024
$2,785 $(11,202)$(8,417)
Unrealized (loss) gain recognized in AOCI(73)13,344 13,271 
Reclassification from AOCI into income(1)
(2,694)— (2,694)
Net change in AOCI(2,767)13,344 10,577 
BALANCE AT JUNE 30, 2025
$18 $2,142 $2,160 
__________________ 
1.The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statement 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) Income
BALANCE AT DECEMBER 31, 2024
$2,889 $(11,602)$(8,713)
Unrealized (loss) gain recognized in AOCI(115)13,834 13,719 
Reclassification from AOCI into income(1)
(2,810)— (2,810)
Net change in AOCI(2,925)13,834 10,909 
BALANCE AT JUNE 30, 2025
$(36)$2,232 $2,196 
__________________ 
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:
June 30, 2025December 31, 2024
Company-owned common units in the operating partnership
379,150,864 141,279,102 
Company’s ownership interest percentage
98.7 %97.4 %
Non-controlling common units in the operating partnership(1)
4,941,964 3,796,346 
Non-controlling ownership interest percentage
1.3 %2.6 %
_________________ 
1.Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of June 30, 2025, this amount represents both common units and performance units of 406,520 and 4,535,444, respectively. As of December 31, 2024, this amount represents both common units and performance units in the amount of 550,969 and 3,245,377, respectively.
Schedule of Dividends The following table summarizes dividends per share declared and paid for the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Common stock(1)
$— $0.05 $— $0.10 
Common units and vested performance units(1)
$— $0.05 $— $0.10 
Series A preferred units$0.3906 $0.3906 $0.7812 $0.7812 
Series C preferred stock$0.296875 $0.296875 $0.593750 $0.593750 
Unvested performance units(1)(2)
$— $0.005 $— $0.010 
Payment dateJune 30, 2025June 27, 2024N/AN/A
Record dateJune 20, 2025June 17, 2024N/AN/A
_________________ 
1.The Company did not pay a quarterly common stock dividend during the first and second quarters of 2025. As a result, no quarterly common unit and performance unit dividends were paid.
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 declared dividends, with the remainder payable as soon as practicable after the vesting date. During the three and six months ended June 30, 2025, the Company paid $0 and $0.4 million, respectively, of accrued dividends related to the performance units that vested on December 31, 2024.