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CONSOLIDATED BALANCE SHEETS L.P. - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Investment in real estate, at cost $ 7,963,399 $ 8,233,286
Accumulated depreciation and amortization (1,927,794) (1,791,108)
Investment in real estate, net 6,035,605 6,442,178
Non-real estate property, plant and equipment, net 131,640 127,067
Cash and cash equivalents 190,436 63,256
Restricted cash 24,011 35,921
Accounts receivable, net 14,080 14,505
Straight-line rent receivables, net 204,880 199,748
Deferred leasing costs and intangible assets, net 361,610 327,514
Operating lease right-of-use assets 338,368 370,826
Prepaid expenses and other assets, net 95,278 90,114
Investment in unconsolidated real estate entities 243,353 221,468
Goodwill 156,529 156,529
Assets associated with real estate held for sale 0 83,113
TOTAL ASSETS 7,795,790 8,132,239
Liabilities    
Accounts payable, accrued liabilities and other 243,821 193,861
Operating lease liabilities 350,736 380,004
Intangible liabilities, net 18,777 21,838
Security deposits, prepaid rent and other 75,813 84,708
Liabilities associated with real estate held for sale 0 31,117
Total liabilities 4,310,391 4,954,508
Commitments and contingencies (Note 20)
Redeemable preferred units of the operating partnership 2,795 9,815
Redeemable non-controlling interest in consolidated real estate entities 49,266 49,279
Hudson Pacific Properties, L.P. partners’ capital    
Accumulated other comprehensive loss (3,261) (8,417)
TOTAL LIABILITIES AND CAPITAL 7,795,790 8,132,239
Unsecured and secured debt, net    
Liabilities    
Debt, net 3,555,108 4,176,844
Joint venture partner debt    
Liabilities    
Debt, net 66,136 66,136
Hudson Pacific Partners L.P.    
ASSETS    
Investment in real estate, at cost 7,963,399 8,233,286
Accumulated depreciation and amortization (1,927,794) (1,791,108)
Investment in real estate, net 6,035,605 6,442,178
Non-real estate property, plant and equipment, net 131,640 127,067
Cash and cash equivalents 190,436 63,256
Restricted cash 24,011 35,921
Accounts receivable, net 14,080 14,505
Straight-line rent receivables, net 204,880 199,748
Deferred leasing costs and intangible assets, net 361,610 327,514
Operating lease right-of-use assets 338,368 370,826
Prepaid expenses and other assets, net 95,278 90,114
Investment in unconsolidated real estate entities 243,353 221,468
Goodwill 156,529 156,529
Assets associated with real estate held for sale 0 83,113
TOTAL ASSETS 7,795,790 8,132,239
Liabilities    
Accounts payable, accrued liabilities and other 243,821 193,861
Operating lease liabilities 350,736 380,004
Intangible liabilities, net 18,777 21,838
Security deposits, prepaid rent and other 75,813 84,708
Liabilities associated with real estate held for sale 0 31,117
Total liabilities 4,310,391 4,954,508
Commitments and contingencies (Note 20)
Redeemable preferred units of the operating partnership 2,795 9,815
Redeemable non-controlling interest in consolidated real estate entities 49,266 49,279
Hudson Pacific Properties, L.P. partners’ capital    
Common units, 384,375,259 and 145,075,448 outstanding at September 30, 2025 and December 31, 2024, respectively 2,938,005 2,532,898
Accumulated other comprehensive loss (3,367) (8,713)
Total Hudson Pacific Properties, L.P. partners’ capital 3,359,638 2,949,185
Non-controlling interest—members in consolidated real estate entities 73,700 169,452
Total capital 3,433,338 3,118,637
TOTAL LIABILITIES AND CAPITAL 7,795,790 8,132,239
Hudson Pacific Partners L.P. | Unsecured and secured debt, net    
Liabilities    
Debt, net 3,555,108 4,176,844
Hudson Pacific Partners L.P. | Joint venture partner debt    
Liabilities    
Debt, net 66,136 66,136
Hudson Pacific Partners L.P. | 4.750% Series C Cumulative Redeemable Preferred Stock    
Hudson Pacific Properties, L.P. partners’ capital    
4.750% Series C cumulative redeemable preferred units, $25.00 per unit liquidation preference, 17,000,000 units outstanding at September 30, 2025 and December 31, 2024 $ 425,000 $ 425,000