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Equity (Tables)
9 Months Ended
Sep. 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 loss (“AOCI”):
Derivative Instruments
Currency Translation Adjustments
Total Accumulated Other Comprehensive Loss
BALANCE AT DECEMBER 31, 2024
$2,785 $(11,202)$(8,417)
Unrealized gain recognized in AOCI87 9,653 9,740 
Reclassification from AOCI into income(1)
(4,584)— (4,584)
Net change in AOCI(4,497)9,653 5,156 
BALANCE AT SEPTEMBER 30, 2025
$(1,712)$(1,549)$(3,261)
__________________ 
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, 2024
$2,889 $(11,602)$(8,713)
Unrealized gain recognized in AOCI51 10,042 10,093 
Reclassification from AOCI into income(1)
(4,747)— (4,747)
Net change in AOCI(4,696)10,042 5,346 
BALANCE AT SEPTEMBER 30, 2025
$(1,807)$(1,560)$(3,367)
__________________ 
1.The gains and losses on the operating partnership’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations.
Schedule of Other Ownership Interests
The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of:
September 30, 2025December 31, 2024
Company-owned common units in the operating partnership
379,433,295 141,279,102 
Company’s ownership interest percentage
98.7 %97.4 %
Non-controlling common units in the operating partnership(1)
4,941,964 3,796,346 
Non-controlling ownership interest percentage
1.3 %2.6 %
_________________ 
1.Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of September 30, 2025, this amount represents both common units and performance units of 406,520 and 4,535,444, respectively. As of December 31, 2024, this amount represents both common units and performance units in the amount of 550,969 and 3,245,377, respectively.
Schedule of Dividends The following table summarizes dividends per share declared and paid for the periods presented:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Common stock$— $— $— $0.10 
Common units and vested performance units(1)
$— $— $— $0.10 
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 
Payment dateSeptember 30, 2025September 30, 2024N/AN/A
Record dateSeptember 19, 2025September 20, 2024N/AN/A
_________________ 
1.The Company did not pay a quarterly common stock dividend during the first, second or third 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 nine months ended September 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.