Hudson Pacific Properties (HPP) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 01, 2017
Entity Information [Line Items]
Entity Registrant Name	Hudson Pacific Properties, Inc.
Entity Central Index Key	1,482,512
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		156,051,418
Hudson Pacific Partners L.P.
Entity Information [Line Items]
Entity Registrant Name	Hudson Pacific Properties, L.P.
Entity Central Index Key	1,496,264
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
REAL ESTATE ASSETS
Land	$ 1,265,399	$ 1,265,399
Building and improvements	4,628,355	4,502,235
Tenant improvements	393,525	373,778
Furniture and fixtures	4,231	4,276
Property under development	216,499	295,239
Total real estate held for investment	6,508,009	6,440,927
Accumulated depreciation and amortization	(463,882)	(419,368)
Investment in real estate, net	6,044,127	6,021,559
Cash and cash equivalents	115,690	83,015
Restricted cash	18,000	25,177
Accounts receivable, net	2,009	6,852
Straight-line rent receivables, net	84,850	87,281
Deferred leasing costs and lease intangible assets, net	296,645	309,962
Derivative assets	8,558	5,935
Goodwill	8,754	8,754
Prepaid expenses and other assets, net	84,582	27,153
Investment in unconsolidated entities	0	66,082
Assets associated with real estate held for sale	38,546	37,228
TOTAL ASSETS	6,701,761	6,678,998
LIABILITIES AND EQUITY
Notes payable, net	2,388,388	2,688,010
Accounts payable and accrued liabilities	135,198	120,444
Lease intangible liabilities, net	73,033	80,130
Security deposits	33,019	31,495
Prepaid rent	34,779	40,755
Derivative liabilities	967	1,303
Liabilities associated with real estate held for sale	0	3,934
TOTAL LIABILITIES	2,665,384	2,966,071
6.25% Series A cumulative redeemable preferred units of the operating partnership	10,177	10,177
Hudson Pacific Properties, Inc. stockholders’ equity:
Common stock, $0.01 par value, 490,000,000 authorized, 155,279,629 shares and 136,492,235 shares outstanding at March 31, 2017 and December 31, 2016, respectively	1,553	1,364
Additional paid-in capital	3,691,819	3,109,394
Accumulated other comprehensive income	8,710	9,496
Accumulated income (deficit)	3,784	(16,971)
Total Hudson Pacific Properties, Inc. stockholders’ equity	3,705,866	3,103,283
Partners’ capital:
TOTAL EQUITY	4,026,200	3,702,750
TOTAL LIABILITIES AND EQUITY	6,701,761	6,678,998
Hudson Pacific Partners L.P.
REAL ESTATE ASSETS
Land	1,265,399	1,265,399
Building and improvements	4,628,355	4,502,235
Tenant improvements	393,525	373,778
Furniture and fixtures	4,231	4,276
Property under development	216,499	295,239
Total real estate held for investment	6,508,009	6,440,927
Accumulated depreciation and amortization	(463,882)	(419,368)
Investment in real estate, net	6,044,127	6,021,559
Cash and cash equivalents	115,690	83,015
Restricted cash	18,000	25,177
Accounts receivable, net	2,009	6,852
Straight-line rent receivables, net	84,850	87,281
Deferred leasing costs and lease intangible assets, net	296,645	309,962
Derivative assets	8,558	5,935
Goodwill	8,754	8,754
Prepaid expenses and other assets, net	84,582	27,153
Investment in unconsolidated entities	0	66,082
Assets associated with real estate held for sale	38,546	37,228
TOTAL ASSETS	6,701,761	6,678,998
LIABILITIES AND EQUITY
Notes payable, net	2,388,388	2,688,010
Accounts payable and accrued liabilities	135,198	120,444
Lease intangible liabilities, net	73,033	80,130
Security deposits	33,019	31,495
Prepaid rent	34,779	40,755
Derivative liabilities	967	1,303
Liabilities associated with real estate held for sale	0	3,934
TOTAL LIABILITIES	2,665,384	2,966,071
6.25% Series A cumulative redeemable preferred units of the operating partnership	10,177	10,177
Partners’ capital:
Common units, 155,848,674 and 145,942,855 issued and outstanding at March 31, 2017 and December 31, 2016, respectively.	3,718,762	3,398,142
Non-controlling interest—members in consolidated entities	307,438	304,608
TOTAL CAPITAL	4,026,200	3,702,750
TOTAL LIABILITIES AND EQUITY	6,701,761	6,678,998
Non-controlling interest—members in consolidated entities
Partners’ capital:
Non-controlling interest—members in Consolidated Entities and Non-controlling units in the Operating Partnership	307,438	304,608
Non-controlling interest—units in the operating partnership
Partners’ capital:
Non-controlling interest—members in Consolidated Entities and Non-controlling units in the Operating Partnership	12,896	294,859
TOTAL EQUITY	$ 12,896	$ 294,859

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Common Stock:
Common Stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized (in shares)	490,000,000	490,000,000
Common Stock, shares outstanding (in shares)	155,279,629	136,492,235
6.25% series A cumulative redeemable preferred units of the Operating Partnership
Series A Cumulative Redeemable Preferred units of the Operating Partnership
Temporary Equity, dividend rate percentage (as a percent)	6.25%	6.25%
6.25% series A cumulative redeemable preferred units of the Operating Partnership | Hudson Pacific Partners L.P.
Series A Cumulative Redeemable Preferred units of the Operating Partnership
Temporary Equity, dividend rate percentage (as a percent)	6.25%	6.25%
Common Units | Hudson Pacific Partners L.P.
Common Stock:
Common Stock, shares outstanding (in shares)	155,848,674	145,942,855
Common Units, shares issued (in shares)	155,848,674	145,942,855

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
REVENUES
TOTAL REVENUES	$ 168,285	$ 153,537
OPERATING EXPENSES
General and administrative	13,810	12,503
Depreciation and amortization	70,767	68,368
TOTAL OPERATING EXPENSES	139,782	134,526
INCOME FROM OPERATIONS	28,503	19,011
OTHER EXPENSE (INCOME)
Interest expense	21,930	17,251
Interest income	(30)	(13)
Unrealized (gain) loss on ineffective portion of derivative instruments	(6)	2,125
Other (income) expense	(678)	24
TOTAL OTHER EXPENSES	21,216	19,387
INCOME (LOSS) BEFORE GAINS ON SALE OF REAL ESTATE	7,287	(376)
Gains on sale of real estate	16,866	6,352
NET INCOME	24,153	5,976
Net income attributable to preferred units	(159)	(159)
Net income attributable to participating securities	(240)	(197)
Net income attributable to non-controlling interest in consolidated entities	(3,037)	(1,945)
Net income attributable to units in the operating partnership	(202)	(1,422)
Net income (loss) attributable to common stockholders	$ 20,515	$ 2,253
Net income attributable to common stockholders - basic (in dollars per share)	$ 0.14	$ 0.03
Net income attributable to common stockholders - diluted (in dollars per share)	$ 0.14	$ 0.03
Weighted average shares of common stock outstanding—basic (in shares)	147,950,594	89,190,803
Weighted average shares of common stock outstanding - diluted (in shares)	149,950,346	89,597,803
Dividends declared per common stock/unit (in dollars per share)	$ 0.25	$ 0.200
Hudson Pacific Partners L.P.
REVENUES
TOTAL REVENUES	$ 168,285	$ 153,537
OPERATING EXPENSES
General and administrative	13,810	12,503
Depreciation and amortization	70,767	68,368
TOTAL OPERATING EXPENSES	139,782	134,526
INCOME FROM OPERATIONS	28,503	19,011
OTHER EXPENSE (INCOME)
Interest expense	21,930	17,251
Interest income	(30)	(13)
Unrealized (gain) loss on ineffective portion of derivative instruments	(6)	2,125
Other (income) expense	(678)	24
TOTAL OTHER EXPENSES	21,216	19,387
INCOME (LOSS) BEFORE GAINS ON SALE OF REAL ESTATE	7,287	(376)
Gains on sale of real estate	16,866	6,352
NET INCOME	24,153	5,976
Net income attributable to non-controlling interest in consolidated entities	(3,037)	(1,945)
Net income (loss) attributable to common stockholders	$ 21,116	$ 4,031
Dividends declared per common stock/unit (in dollars per share)	$ 0.250	$ 0.2000
Series A preferred units distributions	$ (159)	$ (159)
Net income attributable to participating securities	(240)	(197)
Net income available to common unitholders	$ 20,717	$ 3,675
Net income attributable to common unitholders —basic (in dollars per share)	$ 0.14	$ 0.03
Net income attributable to common unitholders —diluted (in dollars per share)	$ 0.14	$ 0.03
Weighted average shares of common units outstanding—basic (in shares)	149,407,796	145,487,118
Weighted average shares of common units outstanding—diluted (in shares)	150,334,796	145,894,118
Office
REVENUES
Rental	$ 133,516	$ 116,227
Tenant recoveries	17,401	20,533
Parking and other	5,899	5,532
TOTAL REVENUES	156,816	142,292
OPERATING EXPENSES
Operating expenses	47,954	47,703
Office | Hudson Pacific Partners L.P.
REVENUES
Rental	133,516	116,227
Tenant recoveries	17,401	20,533
Parking and other	5,899	5,532
TOTAL REVENUES	156,816	142,292
OPERATING EXPENSES
Operating expenses	47,954	47,703
Media & Entertainment
REVENUES
Rental	6,685	6,028
Tenant recoveries	665	199
Parking and other	77	49
Other property-related revenue	4,042	4,969
TOTAL REVENUES	11,469	11,245
OPERATING EXPENSES
Operating expenses	7,251	5,952
Media & Entertainment | Hudson Pacific Partners L.P.
REVENUES
Rental	6,685	6,028
Tenant recoveries	665	199
Parking and other	77	49
Other property-related revenue	4,042	4,969
TOTAL REVENUES	11,469	11,245
OPERATING EXPENSES
Operating expenses	$ 7,251	$ 5,952

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net income	$ 24,153	$ 5,976
Other comprehensive income (loss): change in fair value of derivative instruments	2,864	(15,475)
Comprehensive income (loss)	27,017	(9,499)
Comprehensive income attributable to preferred units	(159)	(159)
Comprehensive income attributable to participating securities	(240)	(197)
Comprehensive income attributable to non-controlling interest in consolidated entities	(3,037)	(1,945)
Comprehensive (income) loss attributable to units in the operating partnership	(230)	4,566
Comprehensive income (loss) attributable to Hudson Pacific Properties, Inc. stockholders	23,351	(7,234)
Hudson Pacific Partners L.P.
Net income	24,153	5,976
Other comprehensive income (loss): change in fair value of derivative instruments	2,864	(15,475)
Comprehensive income (loss)	27,017	(9,499)
Comprehensive income attributable to preferred units	(159)	(159)
Comprehensive income attributable to participating securities	(240)	(197)
Comprehensive income attributable to non-controlling interest in consolidated entities	(3,037)	(1,945)
Comprehensive income (loss) attributable to Hudson Pacific Properties, Inc. stockholders	$ 23,581	$ (11,800)

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock/Units	Additional Paid-in Capital	Accumulated Income (Deficit)	Accumulated Other Comprehensive Income (Loss)	Non- controlling Interest—Units in the Operating Partnership	Non-controlling Interest—Members in Consolidated Entities
Beginning Balance at Dec. 31, 2015	$ 3,729,037	$ 891	$ 1,710,979	$ (44,955)	$ (1,081)	$ 1,800,578	$ 262,625
Beginning balance (in shares) at Dec. 31, 2015		89,153,780
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Contributions	33,996						33,996
Distributions	(1,303)						(1,303)
Proceeds from sale of common stock, net of underwriters’ discount and transaction costs	1,449,581	$ 470	1,449,111
Proceeds from sale of common stock, net of underwriters' discount and transaction costs (in shares)		47,010,695
Issuance of unrestricted stock	6	$ 6
Issuance of unrestricted stock (in shares or units)		590,520
Shares withheld to satisfy tax withholding	(8,427)	$ (3)	(8,424)
Shares withheld to satisfy tax withholding (in shares)		(262,760)
Declared dividend	(117,819)		(90,005)			(27,814)
Amortization of stock-based compensation	14,654		13,609			1,045
Net income	43,122			27,984		5,848	9,290
Change in fair value of derivatives	5,942				10,577	(4,635)
Redemption of common units in the operating partnership	(1,446,039)		34,124			(1,480,163)
Ending Balance at Dec. 31, 2016	$ 3,702,750	$ 1,364	3,109,394	(16,971)	9,496	294,859	304,608
Ending balance (in shares) at Dec. 31, 2016	136,492,235	136,492,235
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Contributions	$ 103						103
Distributions	(310)						(310)
Proceeds from sale of common stock, net of underwriters’ discount and transaction costs	647,675	$ 187	647,488
Proceeds from sale of common stock, net of underwriters' discount and transaction costs (in shares)		18,656,575
Issuance of unrestricted stock	0	$ 3	(3)
Issuance of unrestricted stock (in shares or units)		251,080
Shares withheld to satisfy tax withholding	(4,203)	$ (1)	(4,202)
Shares withheld to satisfy tax withholding (in shares)		(120,261)
Declared dividend	(39,919)		(39,755)			(164)
Amortization of stock-based compensation	4,101		3,432			669
Net income	23,994			20,755		202	3,037
Change in fair value of derivatives	2,864				2,836	28
Redemption of common units in the operating partnership	(310,855)		(24,535)		(3,622)	(282,698)
Ending Balance at Mar. 31, 2017	$ 4,026,200	$ 1,553	$ 3,691,819	$ 3,784	$ 8,710	$ 12,896	$ 307,438
Ending balance (in shares) at Mar. 31, 2017	155,279,629	155,279,629

CONSOLIDATED STATEMENTS OF CAPI

CONSOLIDATED STATEMENTS OF CAPITAL - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance (in shares)	136,492,235
Contributions	$ 103		$ 33,996
Distributions	(310)		(1,303)
Proceeds from sale of common units, net of underwriters’ discount and transaction costs	647,675		1,449,581
Issuance of unrestricted units	0		6
Units withheld to satisfy tax withholding	(4,203)		(8,427)
Declared distributions	(39,919)		(117,819)
Amortization of unit-based compensation	4,101		14,654
Net income	23,994		43,122
Change in fair value of derivatives	2,864	$ (15,475)	5,942
Redemption of common units	$ (310,855)		$ (1,446,039)
Ending balance (in shares)	155,279,629		136,492,235
Hudson Pacific Partners L.P.
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance	$ 3,702,750	3,729,037	$ 3,729,037
Contributions	103		33,996
Distributions	(310)		(1,303)
Proceeds from sale of common units, net of underwriters’ discount and transaction costs	647,675		1,449,581
Issuance of unrestricted units			6
Units withheld to satisfy tax withholding	(4,203)		(8,427)
Declared distributions	(39,919)		(117,819)
Amortization of unit-based compensation	4,101		14,654
Net income	23,994		43,122
Change in fair value of derivatives	2,864	(15,475)	5,942
Redemption of common units	(310,855)		(1,446,039)
Ending balance	4,026,200		3,702,750
Hudson Pacific Partners L.P. | Common Units
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance	$ 3,398,142	$ 3,466,412	$ 3,466,412
Beginning balance (in shares)	145,942,855	145,450,095	145,450,095
Proceeds from sale of common units, net of underwriters’ discount and transaction costs	$ 647,675		$ 1,449,581
Proceeds from sale of common stock, net of underwriters' discount and transaction costs (in shares)	18,656,575		47,010,695
Issuance of unrestricted units			$ 6
Issuance of unrestricted units (in shares)	251,080		590,520
Units withheld to satisfy tax withholding	$ (4,203)		$ (8,427)
Units withheld to satisfy tax withholding (in shares)	(120,261)		(262,760)
Declared distributions	$ (39,919)		$ (117,819)
Amortization of unit-based compensation	4,101		14,654
Net income	20,957		33,832
Change in fair value of derivatives	2,864		5,942
Redemption of common units	$ (310,855)		$ (1,446,039)
Redemption of common units (in shares)	(8,881,575)		(46,845,695)
Ending balance	$ 3,718,762		$ 3,398,142
Ending balance (in shares)	155,848,674		145,942,855
Hudson Pacific Partners L.P. | Non-controlling Interest—Members in Consolidated Entities
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance	$ 304,608	$ 262,625	$ 262,625
Contributions	103		33,996
Distributions	(310)		(1,303)
Net income	3,037		9,290
Ending balance	$ 307,438		$ 304,608

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 24,153	$ 5,976
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	70,767	68,368
Amortization of deferred financing costs and loan premium, net	1,186	871
Amortization of stock-based compensation	3,902	3,342
Straight-line rents	2,366	(5,658)
Straight-line rent expenses	381	529
Amortization of above- and below-market leases, net	(5,732)	(4,851)
Amortization of above- and below-market ground lease, net	637	535
Amortization of lease incentive costs	379	328
Bad debt expense	545	537
Amortization of discount and net origination fees on purchased and originated loans	0	(104)
Unrealized (gain) loss on ineffective portion of derivative instruments	(6)	2,125
Gains on sale of real estate	(16,866)	(6,352)
Change in operating assets and liabilities:
Restricted cash	7,177	(2,001)
Accounts receivable	4,650	4,412
Deferred leasing costs and lease intangibles	(6,635)	(5,420)
Prepaid expenses and other assets	(1,072)	(935)
Accounts payable and accrued liabilities	12,378	3,084
Security deposits	1,031	430
Prepaid rent	(6,344)	(6,319)
Net cash provided by operating activities	92,897	58,897
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment property	(76,225)	(54,415)
Proceeds from sales of real estate	81,707	212,629
Contributions to unconsolidated entities	(1,071)	0
Deposits for property acquisitions	(56,323)	0
Net cash (used in) provided by investing activities	(51,912)	158,214
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable	0	30,000
Payments of notes payable	(300,642)	(210,906)
Proceeds from issuance of common stock, net	647,675	0
Payments for redemption of common units in the operating partnership	(310,855)	0
Dividends paid to common stock and unitholders	(39,919)	(29,802)
Dividends paid to preferred unitholders	(159)	(159)
Contributions from non-controlling member in consolidated entities	103	103
Distributions to non-controlling member in consolidated entities	(310)	(326)
Payments to satisfy tax withholding	(4,203)	(1,683)
Payments of loan costs	0	(522)
Net cash used in financing activities	(8,310)	(213,295)
Net increase in cash and cash equivalents	32,675	3,816
Cash and cash equivalents—beginning of period	83,015	53,551
Cash and cash equivalents—end of period	115,690	57,367
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of amounts capitalized	16,172	12,101
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accounts payable and accrued liabilities for investment in property	3,501	6,868
Hudson Pacific Partners L.P.
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	24,153	5,976
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	70,767	68,368
Amortization of deferred financing costs and loan premium, net	1,186	871
Amortization of stock-based compensation	3,902	3,342
Straight-line rents	2,366	(5,658)
Straight-line rent expenses	381	529
Amortization of above- and below-market leases, net	(5,732)	(4,851)
Amortization of above- and below-market ground lease, net	637	535
Amortization of lease incentive costs	379	328
Bad debt expense	545	537
Amortization of discount and net origination fees on purchased and originated loans	0	(104)
Unrealized (gain) loss on ineffective portion of derivative instruments	(6)	2,125
Gains on sale of real estate	(16,866)	(6,352)
Change in operating assets and liabilities:
Restricted cash	7,177	(2,001)
Accounts receivable	4,650	4,412
Deferred leasing costs and lease intangibles	(6,635)	(5,420)
Prepaid expenses and other assets	(1,072)	(935)
Accounts payable and accrued liabilities	12,378	3,084
Security deposits	1,031	430
Prepaid rent	(6,344)	(6,319)
Net cash provided by operating activities	92,897	58,897
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment property	(76,225)	(54,415)
Proceeds from sales of real estate	81,707	212,629
Contributions to unconsolidated entities	(1,071)	0
Deposits for property acquisitions	(56,323)	0
Net cash (used in) provided by investing activities	(51,912)	158,214
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable	0	30,000
Payments of notes payable	(300,642)	(210,906)
Proceeds from issuance of common stock, net	647,675	0
Payments for redemption of common units in the operating partnership	(310,855)	0
Dividends paid to common stock and unitholders	(39,919)	(29,802)
Dividends paid to preferred unitholders	(159)	(159)
Contributions from non-controlling member in consolidated entities	103	103
Distributions to non-controlling member in consolidated entities	(310)	(326)
Payments to satisfy tax withholding	(4,203)	(1,683)
Payments of loan costs	0	(522)
Net cash used in financing activities	(8,310)	(213,295)
Net increase in cash and cash equivalents	32,675	3,816
Cash and cash equivalents—beginning of period	83,015	53,551
Cash and cash equivalents—end of period	115,690	57,367
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of amounts capitalized	16,172	12,101
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accounts payable and accrued liabilities for investment in property	$ 3,501	$ 6,868

Organization

Organization	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Hudson Pacific Properties, Inc. is a Maryland corporation formed on November 9, 2009 that did not have any meaningful operating activity until the consummation of its initial public offering and the related acquisition of its predecessor and certain other entities on June 29, 2010 (“IPO”). Since the completion of the IPO, the concurrent private placement, and the related formation transactions, Hudson Pacific Properties, Inc. has been a fully integrated, self-administered and self-managed real estate investment trust (“REIT”). Through its controlling interest in the operating partnership and its subsidiaries, Hudson Pacific Properties, Inc. owns, manages, leases, acquires and develops real estate, consisting primarily of office and media and entertainment properties. Unless otherwise indicated or unless the context requires otherwise, all references in these financial statements to the “Company” refer to Hudson Pacific Properties, Inc. together with its consolidated subsidiaries, including Hudson Pacific Properties, L.P. Unless otherwise indicated or unless the context requires otherwise, all references to the “our operating partnership” or “the operating partnership” refer to Hudson Pacific Properties, L.P. together with its consolidated subsidiaries. On April 1, 2015, the Company completed the acquisition of the EOP Northern California Portfolio (“EOP Acquisition”) from Blackstone Real Estate Partners V and VI (“Blackstone”). The EOP Acquisition consisted of 26 high-quality office assets totaling approximately 8.2 million square feet and two development parcels located throughout the San Francisco Peninsula, Redwood Shores, Palo Alto, Silicon Valley and North San Jose submarkets. The total consideration paid for the EOP Acquisition before certain credits, prorations, and closing costs included a cash payment of $1.75 billion and an aggregate of 63,474,791 shares of common stock of Hudson Pacific Properties, Inc. and common units in the operating partnership. As of March 31, 2017 , the Company owned a portfolio of 52 office properties and two media and entertainment properties. These properties are located throughout Northern and Southern California and the Pacific Northwest.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements of the Company and the operating partnership are prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) applicable to interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying interim financial statements reflect all adjustments of a normal and recurring nature that are considered necessary for a fair presentation of the results for the interim periods presented. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the year ended December 31, 2017 . The interim consolidated financial statements should be read in conjunction with the consolidated financial statements in the 2016 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. and the notes thereto. Certain amounts in the consolidated financial statements for the prior period have been reclassified to conform to the current period presentation. Specifically, in the Consolidated Balance Sheets for the prior period, certain amounts have been reclassified to held for sale. These amounts relate to 3402 Pico Boulevard, which was sold on March 21, 2017. Principles of Consolidation The unaudited interim consolidated financial statements of the Company include the accounts of the Company, the operating partnership and all wholly owned subsidiaries and variable interest entities (“VIEs”), of which the Company is the primary beneficiary. The unaudited interim consolidated financial statements of the operating partnership include the accounts of the operating partnership, and all wholly owned subsidiaries and VIEs of which the operating partnership is the primary beneficiary. All intercompany balances and transactions have been eliminated in the consolidated financial statements. The Company consolidates all VIEs of which the Company is considered the primary beneficiary. VIEs are defined as entities in which equity investors (i) do not have the characteristics of a controlling financial interest and/or (ii) do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. The entity that consolidates a VIE is known as its primary beneficiary and is generally the entity with (i) the power to direct the activities that most significantly affect the VIE’s economic performance and (ii) the right to receive benefits from the VIE or the obligation to absorb losses of the VIE that could be significant to the VIE. Four of the Company’s joint ventures and its operating partnership meet the definition of a VIE. The Company is the primary beneficiary of and consolidates three of the joint ventures and the operating partnership. Refer to Note 16 for details. Substantially all of the assets and liabilities of the Company are related to these VIEs. The Company is not consolidating one of its joint ventures, of which it is not the primary beneficiary, and an interest in land. Due to its significant influence over these entities, the Company accounts for them using the equity method of accounting. Refer to Note 7 for details. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates, including those related to acquiring, developing and assessing the carrying values of its real estate properties, its accrued liabilities and its performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates. Recently Issued Accounting Pronouncements Changes to GAAP are established by the Financial Accounting Standards Board (the “FASB”) in the form of Accounting Standards Update (“ASU”). The following ASUs were adopted by the Company in the first quarter of 2017: Standard Description Effect on the financial statements or other significant matters ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments—Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings (SEC Update) The guidance in this ASU is based on two SEC staff announcements made at the September 2016 and November 2016 EITF meetings. In the September meeting, the SEC announced that a registrant should disclose the potential material effects of the ASUs related to revenues, leases and credit losses on financial instruments. As a result of the November meeting, the ASU conforms Accounting Standards Codification (“ASC”) 323 to the guidance issued in ASU 2014-01 related to investments in qualified affordable housing projects. With the adoption of this guidance, the Company is required to provide updates on its implementation of the ASUs related to revenue, leases and credit losses on financial instruments. Please refer to the table below for updates on the revenue and lease ASUs. The credit losses on financial instruments ASU is not anticipated to have a material impact on the Company. ASU 2016-19, Technical Corrections and Improvements The technical corrections make minor change to certain aspects of the FASB ASC, including changes to resolve differences between current and pre-Codification guidance, updates to wording, references to avoid misapplication and textual simplifications to increase the Codification’s utility and understandability and minor amendments to guidance that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. The adoption did not have a material impact on the Company’s consolidated financial statements. ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control This guidance outlines how a single decisionmaker of a VIE should treat indirect interests held through other related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. The adoption did not have a material impact on the Company’s consolidated financial statements and did not change the consolidation conclusion. ASU 2016-07, Investments—Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting The guidance eliminates the requirement that an investor retrospectively apply equity method accounting when an investment that it had accounted for by another method initially qualifies for use of the equity method. The guidance also requires an investor that has an available-for-sale security that subsequently qualifies for the equity method to recognize in net income the unrealized holding gains or losses in accumulated other comprehensive income related to that security when it begins applying the equity method. The adoption did not have a material impact on the Company’s consolidated financial statements. ASU 2016-05, Derivatives and Hedging (Topic 815), Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships The guidance states that the novation of a derivative contract (e.g., a change in the counterparty) in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The adoption did not have a material impact on the Company’s consolidated financial statements. As required by ASU 2017-03, the Company is providing updates to the revenue and lease standard on a quarterly basis, as follows: Standard Description Effect on the financial statements or other significant matters ASU related to Revenue from Contracts with Customers (Topic 606) The new revenue standard was amended through various ASU’s. The ASU’s that impact the Company are ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) and ASU 2014-09, Revenue from Contracts with Customers. ASU 2016-08 clarifies certain aspects of the principal-versus-agent guidance in its new revenue recognition standard related to the determination of whether an entity is a principal-versus-agent and the determination of the nature of each specified good or service. ASU 2014-09 outlines a single comprehensive model for entities to use in accounting for revenues arising from contracts with customers and specifically notes that lease contracts with customers are a scope exception. The Company does not expect this guidance to have a material effect on revenue recognition as it relates to its leasing contracts until the adoption of ASU 2016-02, at which time the standard may affect revenue recognition as it relates to certain non-lease revenue components that are part of its leasing contracts. The Company has formed an implementation work team, completed training of the new standards with the implementation team, and begun review and documentation. The Company is currently evaluating this standard as it relates to media and entertainment other property-related revenue. The Company has the option of adopting this standard on either the full retrospective basis (to the beginning of its contracts) or modified retrospective method (from the beginning of the latest fiscal year of adoption). The Company plans on adopting the standard January 1, 2018 using the modified retrospective method. ASU 2016-02, Leases This guidance requires all lessees to record a lease liability at lease inception, with a corresponding right of use asset, except for short-term leases. Lessor accounting will not be fundamentally changed. The Company has formed an implementation work team, completed training of the new standards with the implementation team, and begun review and documentation. The Company is currently in the process of evaluating the amount of assets and liabilities relating to right of use that will need to be recorded with respect to its leases where it is the lessee. Additionally, the standard will impact the way the Company will record revenue and leasing costs where it is the lessor. For leasing costs, the Company will no longer be able to capitalize internal leasing costs to the extent they are not directly attributable to the lease transaction. Accordingly, the Company anticipates that internal leasing costs will be expensed with the adoption of this standard. With respect to the lease revenue, the Company will need to break down its current revenue streams between leasing and non-leasing components. To the extent there are non-leasing components the Company will need to record them in accordance with ASC 606 (see above). The Company is still in the process of evaluating its existing leasing components to determine what effect, if any, this standard will have on its revenue recognition as it relates to its leases. The Company will adopt the standard using the retrospective method from the beginning of the first year presented on the consolidated statement of operations which is January 1, 2017. The Company considers the applicability and impact of all ASUs. The following table lists the recently issued ASUs that have not been disclosed in the Company ’s Annual Report on Form 10-K and have not been adopted by the Company. The list excludes those ASUs that are expected to have an immaterial impact on the Company’s consolidated financial statements. Standard Description Effective Date Effect on the financial statements or other significant matters ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets The guidance clarifies the scope of ASC 610-20 on the sale or transfer of nonfinancial assets and in substance nonfinancial assets to noncustomers, including partial sales. Effective for annual reporting periods (including interim periods) beginning after December 15, 2017 The Company is currently assessing the impact of this update on its consolidated financial statements and notes to the consolidated financial statements and plans to adopt this guidance in the first quarter in 2018.

Investment in Real Estate

Investment in Real Estate	3 Months Ended
	Mar. 31, 2017
Real Estate [Abstract]
Investment in Real Estate	Investment in Real Estate Acquisitions The Company’s acquisitions are accounted for using the acquisition method. The results of operations for each of these acquisitions are included in the Company’s Consolidated Statements of Operations from the date of acquisition. The Company assesses fair value based on Level 2 and Level 3 inputs within the fair value framework, which includes estimated cash flow projections that utilize appropriate discount, capitalization rates, renewal probability and available market information, which includes market rental rate and market rent growth rates. Estimates of future cash flows are based on a number of factors, including historical operating results, known and anticipated trends, and market and economic conditions. The fair value of tangible assets of an acquired property considers the value of the property as if it was vacant. The fair value of acquired “above- and below-” market leases are based on the estimated cash flow projections utilizing discount rates that reflect the risks associated with the leases acquired. The amount recorded is based on the present value of the difference between (i) the contractual amounts to be paid pursuant to each in-place lease and (ii) management’s estimate of fair market lease rates for each in-place lease, measured over a period equal to the remaining term of the lease for above-market leases and the initial term plus the extended below-market term for any leases with below-market renewal options. Other intangible assets acquired include amounts for in-place lease values that are based on the Company’s evaluation of the specific characteristics of each tenant’s lease. Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, market conditions and costs to execute similar leases. In estimating carrying costs, the Company includes estimates of lost rents at market rates during the hypothetical expected lease-up periods, which are dependent on local market conditions. In estimating costs to execute similar leases, the Company considers leasing commissions, and legal and other related costs. The Company had no acquisitions during the three months ended March 31, 2017 . On May 1, 2017, the Company completed its acquisition of Sunset Las Palmas Studios (formerly Hollywood Center Studios) located in Hollywood, California. See Note 19 for details. Dispositions The following table summarizes the properties sold during the three months ended March 31, 2017 . These properties were non-strategic assets to the Company’s portfolio: Property Date of Disposition Square Feet Sales Price (1) (in millions) 222 Kearny Street February 14, 2017 148,797 $ 51.8 3402 Pico Boulevard March 21, 2017 50,687 35.0 Total dispositions 199,484 $ 86.8 _________________ (1) Represents gross sales price before certain credits, prorations and closing costs. The dispositions of these properties resulted in gains of $16.9 million for the three months ended March 31, 2017 . These amounts are included in gains on sale of real estate in the Consolidated Statements of Operations. Held for Sale The Company had two properties held for sale as of December 31, 2016. Both properties were disposed of during the first quarter of 2017. The Company had no properties classified as held for sale as of March 31, 2017. Cost Capitalization The Company recognized the following capitalized costs during the periods presented: Three Months Ended March 31, 2017 2016 Capitalized personnel costs $ 2,737 $ 2,319 Capitalized interest 2,446 2,628 Impairment of Long-Lived Assets No impairment indicators have been noted and the Company recorded no impairment charges for the three months ended March 31, 2017 .

Deferred Leasing Costs and Leas

Deferred Leasing Costs and Lease Intangibles, net	3 Months Ended
	Mar. 31, 2017
Leases [Abstract]
Deferred Leasing Costs and Lease Intangibles, net	Deferred Leasing Costs and Lease Intangibles, net The following summarizes the Company’s deferred leasing costs and lease intangibles as of: March 31, 2017 December 31, 2016 Above-market leases $ 22,823 $ 23,430 Accumulated amortization (13,738 ) (12,989 ) Above-market leases, net 9,085 10,441 Deferred leasing costs and in-place lease intangibles 376,056 378,540 Accumulated amortization (154,381 ) (145,551 ) Deferred leasing costs and in-place lease intangibles, net 221,675 232,989 Below-market ground leases 71,423 71,423 Accumulated amortization (5,538 ) (4,891 ) Below-market ground leases, net 65,885 66,532 Deferred leasing costs and lease intangible assets, net $ 296,645 $ 309,962 Below-market leases $ 138,549 $ 141,676 Accumulated amortization (66,511 ) (62,552 ) Below-market leases, net 72,038 79,124 Above-market ground leases 1,095 1,095 Accumulated amortization (100 ) (89 ) Above-market ground leases, net 995 1,006 Lease intangible liabilities, net $ 73,033 $ 80,130 The Company recognized the following amortization related to deferred leasing costs and lease intangibles: Three Months Ended March 31, 2017 2016 Above-market leases (1) $ 1,356 $ 3,719 Below-market leases (1) 7,088 8,570 Deferred leasing costs and in-place lease intangibles (2) 19,793 22,568 Above-market ground leases (3) 11 11 Below-market ground leases (3) 648 546 __________________ (1) Amortization is recorded in office rental income in the Consolidated Statements of Operations. (2) Amortization is recorded in depreciation and amortization expense and office rental income in the Consolidated Statements of Operations. (3) Amortization is recorded in office operating expenses in the Consolidated Statements of Operations.

Accounts Receivable, net

Accounts Receivable, net	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Accounts Receivable, net	Accounts Receivable, net The Company’s accounting policy and methodology used to estimate the allowance for doubtful accounts is discussed in the Company's 2016 Annual Report on Form 10-K. The following table summarizes the Company’s accounts receivable, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Accounts receivable $ 4,306 $ 8,697 Allowance for doubtful accounts (2,297 ) (1,845 ) Accounts receivable, net $ 2,009 $ 6,852 Straight-line Rent Receivables, net The Company’s accounting policy and methodology used to estimate the allowance for doubtful accounts is discussed in the Company’s 2016 Annual Report on Form 10-K. The following table represents the Company’s straight-line rent receivables, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Straight-line rent receivables $ 87,228 $ 87,417 Allowance for doubtful accounts (2,378 ) (136 ) Straight-line rent receivables, net $ 84,850 $ 87,281

Straight-line Rent Receivables,

Straight-line Rent Receivables, net	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Straight-line Rent Receivables, net	Accounts Receivable, net The Company’s accounting policy and methodology used to estimate the allowance for doubtful accounts is discussed in the Company's 2016 Annual Report on Form 10-K. The following table summarizes the Company’s accounts receivable, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Accounts receivable $ 4,306 $ 8,697 Allowance for doubtful accounts (2,297 ) (1,845 ) Accounts receivable, net $ 2,009 $ 6,852 Straight-line Rent Receivables, net The Company’s accounting policy and methodology used to estimate the allowance for doubtful accounts is discussed in the Company’s 2016 Annual Report on Form 10-K. The following table represents the Company’s straight-line rent receivables, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Straight-line rent receivables $ 87,228 $ 87,417 Allowance for doubtful accounts (2,378 ) (136 ) Straight-line rent receivables, net $ 84,850 $ 87,281

Investment in Unconsolidated En

Investment in Unconsolidated Entity	3 Months Ended
	Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Entity	Investment in Unconsolidated Entities Investment in unconsolidated real estate in which the Company has the ability to exercise significant influence (but not control) is accounted for under the equity method of investment. Under the equity method, the Company initially records the investment at cost, and subsequently adjusts for equity in earnings or losses and cash contributions and distributions. The Company’s net equity investment is reflected within investment in unconsolidated entities on the Consolidated Balance Sheets, and the Company’s share of net income or loss from the entity is included within other (income) expense on the Consolidated Statements of Operations. On June 16, 2016, the Company entered into a joint venture to co-originate a loan secured by land in Santa Clara, California. The Company holds a 21% interest in the joint venture. The assets of the joint venture consist of the notes receivable. The Company’s investment in this joint venture was $30.7 million and $29.4 million as of March 31, 2017 and December 31, 2016 , respectively, which represents the maximum exposure for loss for the Company. The joint venture meets the criteria of a VIE and the Company accounts for this investment under the equity method of accounting since the Company is not the primary beneficiary. On July 1, 2016, the Company entered into an agreement with an unaffiliated third party related to the land on which its 11601 Wilshire property is located. The Company holds a 28% interest in the land. The agreement does not meet the definition of a VIE and the Company accounts for its interest in the land under the equity method of accounting. The Company’s interest in the land was $7.8 million as of March 31, 2017 and December 31, 2016 . On December 27, 2016, the Company entered into an agreement to purchase the remaining interest in the land for $50.0 million (before credits, prorations and closing costs). The transaction is expected to close in the third quarter of 2017, however there can be no guaranty that it will close as expected.

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The Company’s goodwill balance as of March 31, 2017 and December 31, 2016 was $8.8 million . The Company does not amortize this asset but instead analyzes it on a quarterly basis for impairment. No impairment indicators have been noted during the three months ended March 31, 2017 .

Notes Payable, Net

Notes Payable, Net	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Notes Payable, Net	Notes Payable, net The following table summarizes the balances of the Company’s indebtedness as of: March 31, 2017 December 31, 2016 Notes payable $ 2,407,196 $ 2,707,839 Less: deferred financing costs, net (1) (18,808 ) (19,829 ) Notes payable, net $ 2,388,388 $ 2,688,010 ________________ (1) Excludes deferred financing costs related to establishing the Company’s unsecured revolving credit facility of $1.3 million and $1.5 million as of March 31, 2017 and December 31, 2016 , respectively, which are included in prepaid expenses and other assets, net in the Consolidated Balance Sheets. The following table sets forth information with respect to the amounts included in notes payable, net as of: March 31, 2017 December 31, 2016 Principal Amount Deferred Financing Costs, net Principal Amount Deferred Financing Costs, net Interest Rate (1) Contractual Maturity Date UNSECURED LOANS Unsecured Revolving Credit Facility (2) $ — $ — $ 300,000 $ — LIBOR+ 1.15% to 1.85% 4/1/2019 (3) 5-Year Term Loan due April 2020 (2)(4) 450,000 (3,243 ) 450,000 (3,513 ) LIBOR+ 1.30% to 2.20% 4/1/2020 5-Year Term Loan due November 2020 (2) 175,000 (697 ) 175,000 (745 ) LIBOR +1.30% to 2.20% 11/17/2020 7-Year Term Loan due April 2022 (2)(5) 350,000 (2,157 ) 350,000 (2,265 ) LIBOR+ 1.60% to 2.55% 4/1/2022 7-Year Term Loan due November 2022 (2)(6) 125,000 (892 ) 125,000 (931 ) LIBOR +1.60% to 2.55% 11/17/2022 Series A Notes 110,000 (891 ) 110,000 (930 ) 4.34% 1/2/2023 Series E Notes 50,000 (289 ) 50,000 (300 ) 3.66% 9/15/2023 Series B Notes 259,000 (2,207 ) 259,000 (2,271 ) 4.69% 12/16/2025 Series D Notes 150,000 (874 ) 150,000 (898 ) 3.98% 7/6/2026 Series C Notes 56,000 (527 ) 56,000 (539 ) 4.79% 12/16/2027 TOTAL UNSECURED LOANS 1,725,000 (11,777 ) 2,025,000 (12,392 ) MORTGAGE LOANS Mortgage Loan secured by Rincon Center (7) 99,897 (158 ) 100,409 (198 ) 5.13% 5/1/2018 Mortgage Loan secured by Sunset Gower Studios/Sunset Bronson Studios 5,001 (1,357 ) 5,001 (1,534 ) LIBOR+2.25% 3/4/2019 (3) Mortgage Loan secured by Met Park North (8) 64,500 (370 ) 64,500 (398 ) LIBOR+1.55% 8/1/2020 Mortgage Loan secured by 10950 Washington (7) 27,798 (337 ) 27,929 (354 ) 5.32% 3/11/2022 Mortgage Loan secured by Pinnacle I (9)(10) 129,000 (567 ) 129,000 (593 ) 3.95% 11/7/2022 Mortgage Loan secured by Element LA 168,000 (2,256 ) 168,000 (2,321 ) 4.59% 11/6/2025 Mortgage Loan secured by Pinnacle II (10) 87,000 (701 ) 87,000 (720 ) 4.30% 6/11/2026 Mortgage Loan secured by Hill7 (11) 101,000 (1,285 ) 101,000 (1,319 ) 3.38% 11/6/2026 TOTAL MORTGAGE LOANS 682,196 (7,031 ) 682,839 (7,437 ) TOTAL $ 2,407,196 $ (18,808 ) $ 2,707,839 $ (19,829 ) _________________ (1) Interest rate with respect to indebtedness is calculated on the basis of a 360 -day year for the actual days elapsed. Interest rates are as of March 31, 2017 , which may be different than the interest rates as of December 31, 2016 for corresponding indebtedness. (2) The Company has the option to make an irrevocable election to change the interest rate depending on the Company’s credit rating. As of March 31, 2017 , no such election had been made. (3) The maturity date may be extended once for an additional one -year term. (4) Effective July 2016, $300.0 million of the term loan has been effectively fixed at 2.75% to 3.65% per annum through the use of two interest rate swaps. See Note 10 for details. (5) Effective July 2016, the outstanding balance of the term loan has been effectively fixed at 3.36% to 4.31% per annum through the use of two interest rate swaps. See Note 10 for details. (6) Effective June 1, 2016, the outstanding balance of the term loan has been effectively fixed at 3.03% to 3.98% per annum through the use of an interest rate swap. See Note 10 for details. (7) Monthly debt service includes annual debt amortization payments based on a 30 -year amortization schedule with a balloon payment at maturity. (8) This loan bears interest only. Interest on the full loan amount has been effectively fixed at 3.71% per annum through use of an interest rate swap. See Note 10 for details. (9) This loan bears interest only for the first five years. Beginning with the payment due December 6, 2017, monthly debt service will include annual debt amortization payments based on a 30 -year amortization schedule with a balloon payment at maturity. (10) The Company owns 65% of the ownership interests in the consolidated joint venture that owns the Pinnacle I and II properties. The full amount of the loan is shown. (11) The Company owns 55% of the ownership interest in the consolidated joint venture that owns the Hill7 property. The full amount of the loan is shown. The maturity date of this loan can be extended for an additional two years at a higher interest rate and with principal amortization. Indebtedness The Company presents its financial statements on a consolidated basis. Notwithstanding such presentation, except to the extent expressly indicated, such as in the case of the project financing for Sunset Gower Studios and Sunset Bronson Studios, the Company’s separate property-owning subsidiaries are not obligors of or under the debt of their respective affiliates and each property-owning subsidiary’s separate liabilities do not constitute obligations of its respective affiliates. Loan agreements include events of default that the Company believes are usual for loan and transactions of this type. As of the date of this filing, there have been no events of default associated with the Company’s loans. The following table summarizes the minimum future principal payments due (before the impact of extension options, if applicable) on the operating partnership’s secured and unsecured notes payable as of March 31, 2017 : Year Annual Principal Payments Remaining 2017 $ 2,071 2018 101,157 2019 7,886 2020 692,493 2021 3,142 Thereafter 1,600,447 Total $ 2,407,196 Unsecured Revolving Credit Facility The operating partnership’s unsecured revolving credit facility is amended from time to time. The terms of the arrangement are more fully described in the Company’s 2016 Annual Report on Form 10-K. Under the unsecured revolving credit facility, as amended and restated to date (“Amended and Restated Credit Facility”), the Company has $400.0 million of total capacity. The maturity date of April 1, 2019 can be extended with a one -year extension option. The Company uses the unsecured revolving credit facility to finance the acquisition of other properties, to provide funds for tenant improvements and capital expenditures, and to provide for working capital and other corporate purposes. Interest on the Amended and Restated Credit Facility is generally based upon, at our option, either (i) LIBOR plus the applicable LIBOR margin or (ii) a specified base rate plus the applicable base rate margin, dependent on the operating partnership’s leverage ratio. The applicable LIBOR margin will range from 1.15% to 1.85% for the Amended and Restated Credit Facility, 1.30% to 2.20% for the 5 -Year Term Loan due April 2020, depending on the operating partnership’s leverage ratio and 1.60% to 2.55% for the 7 -Year Term Loan due April 2022, depending on the operating partnership’s leverage ratio. The Amended and Restated Credit Facility requires a facility fee in an amount equal to 0.20% or 0.35% of the operating partnership’s revolving credit commitments depending on the operating partnership’s leverage ratio. Unused amounts under the Amended and Restated Credit Facility are not subject to a separate fee. Subject to the satisfaction of certain conditions and lender commitments, the operating partnership may increase the availability of the Amended and Restated Credit Facility so long as the aggregate commitments under the Amended and Restated Credit Facility do not exceed $2.0 billion. If the Company obtains a credit rating for the Company’s senior unsecured long-term indebtedness, the operating partnership may make an irrevocable election to change the interest rate and facility fee. During 2016, the Company’s senior unsecured long-term indebtedness was assigned an investment grade rating. The Company has not made the credit rating election. The operating partnership continues to be the borrower under the Amended and Restated Credit Facility, and the Company and all subsidiaries that own unencumbered properties will continue to provide guarantees unless the Company obtains and maintains a credit rating of at least BBB- from S&P or Baa3 from Moody’s, in which case such guarantees are not required except under limited circumstances. Debt Covenants The operating partnership’s ability to borrow under its unsecured loan arrangements remains subject to ongoing compliance with financial and other covenants as defined in the respective agreements, including, when considering the most restrictive terms, maintaining a leverage ratio (maximum of 0.60 :1.00), unencumbered leverage ratio (maximum of 0.60 :1.00), fixed charge coverage ratio (minimum of 1.50 :1.00), secured indebtedness leverage ratio (maximum of 0.45 :1.00), and unsecured interest coverage ratio (minimum 2.00 :1.00). Certain financial covenant ratios are subject to change in the occurrence of material acquisitions as defined in the respective agreements. Other covenants include certain limitations on dividend payouts and distributions, limits on certain types of investments outside of the operating partnership’s primary business, and other customary affirmative and negative covenants. The operating partnership was in compliance with its financial covenants as of March 31, 2017 . Repayment Guaranties Sunset Gower Studios and Sunset Bronson Studios Loan In connection with the loan secured by the Sunset Gower Studios and Sunset Bronson Studios properties, the Company has guaranteed in favor of and promised to pay to the lender 19.5% of the principal payable under the loan in the event the borrower, a wholly-owned entity of the operating partnership, does not do so. As of March 31, 2017 , the outstanding balance was $5.0 million , which results in a maximum guarantee amount for the principal under this loan of $1.0 million . Furthermore, the Company agreed to guarantee the completion of the construction improvements, including tenant improvements, as defined in the agreement, in the event of any default of the borrower. If the borrower fails to complete the remaining required work, the guarantor agrees to perform timely all of the completion obligations, as defined in the agreement. As of the date of this filing, there has been no event of default associated with this loan. Other Loans Although the rest of the operating partnership’s loans are secured and non-recourse, the operating partnership provides limited customary secured debt guarantees for items such as voluntary bankruptcy, fraud, misapplication of payments and environmental liabilities.

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments The Company enters into derivative instruments in order to hedge interest rate risk. The Company had six interest rate swaps with aggregate notional amounts of $839.5 million as of March 31, 2017 and December 31, 2016 . These derivative instruments were designated as effective cash flow hedges for accounting purposes. There is no impact on the Company’s Consolidated Statements of Cash Flows. The Company’s derivative instruments are classified as Level 2 and their fair values are derived from estimated values obtained from observable market data for similar instruments. 5 -Year Term Loan due April 2020 and 7 -Year Term Loan due April 2022 On April 1, 2015, the Company effectively hedged $300.0 million of the 5 -Year Term Loan due April 2020 through two interest rate swaps, each with a notional amount of $150.0 million , which, effective as of May 1, 2015, swapped one-month LIBOR to a fixed rate of 1.36% through the loan’s maturity. Therefore the interest rate is effectively fixed at 2.66% to 3.56% , depending on the Company’s leverage ratio. The unhedged portion bears interest at a rate equal to one-month LIBOR plus 1.30% to 2.20% , depending on the Company’s leverage ratio. The Company also effectively hedged its $350.0 million 7 -Year Term Loan due April 2022 through two interest rate swaps, which, effective as of May 1, 2015, swapped one-month LIBOR to a fixed rate of 1.61% through the loan’s maturity. Therefore the interest rate is effectively fixed at 3.21% to 4.16% depending on the Company’s leverage ratio. In July 2016, the derivative instruments described above were amended to include a 0.00% floor to one-month LIBOR, and then de-designated the original swap and designated the amended swap as a hedge in order to minimize the ineffective portion of the original derivative instruments. Therefore, the effective interest rate increased to a range of 2.75% to 3.65% with respect to $300.0 million of the 5 -Year Term Loan due April 2020 and 3.36% to 4.31% with respect to the 7 -year Term Loan due April 2022, in each case, per annum. The interest rate within the range is based on the operating partnership’s leverage ratio. The amount included in accumulated other comprehensive income (loss) prior to the de-designation is amortized into interest expense over the remaining original terms of the derivative instruments. The Company recognized an unrealized gain of $6 thousand and an unrealized loss of $2.1 million for the three months ended March 31, 2017 and 2016, respectively, on the Consolidated Statement of Operations related to the ineffective portion of these derivative instruments. 7 -Year Term Loan due November 2022 On May 3, 2016, the Company entered into a derivative instrument with respect to $125.0 million of the 7 -Year Term Loan due November 2022. This derivative instrument became effective on June 1, 2016 and swapped one-month LIBOR, which includes a 0.00% floor, to a fixed rate of 1.43% through the loan’s maturity. Met Park North On July 31, 2013, the Company closed a seven -year loan totaling $64.5 million with Union Bank, N.A., secured by the Met Park North property. The loan bears interest at a rate equal to one-month LIBOR plus 1.55% . The full loan is subject to an interest rate contract that swaps one -month LIBOR to a fixed rate of 2.16% through the loan’s maturity on August 1, 2020. Overall The fair market value of derivative instruments is presented on a gross basis in the Consolidated Balance Sheets. The derivative assets as of March 31, 2017 and December 31, 2016 were $8.6 million and $5.9 million , respectively. The derivative liabilities as of March 31, 2017 and December 31, 2016 were $1.0 million and $1.3 million , respectively. The Company reclassifies into earnings in the same period during which the hedged forecasted transaction affects earnings. As of March 31, 2017 , the Company expects $3.0 million of unrealized loss included in accumulated other comprehensive loss will be reclassified to interest expense in the next 12 months.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Hudson Pacific Properties, Inc. has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its taxable year ended December 31, 2010. Provided that it continues to qualify for taxation as a REIT, Hudson Pacific Properties, Inc. is generally not subject to corporate level income tax on the earnings distributed currently to its stockholders. The Company has elected, together with one of its subsidiaries, to treat such subsidiary as a taxable REIT subsidiary (“TRS”) for federal income tax purposes. The Company’s property-owning subsidiaries are limited liability companies and are treated as pass-through entities or disregarded entities (or, in the case of the entities that own the 1455 Market Street and Hill7 properties, REITs) for federal income tax purposes. Accordingly, no provision has been made for federal income taxes in the accompanying consolidated financial statements for the activities of these entities. The Company periodically evaluates its tax positions to determine whether it is more likely than not that such positions would be sustained upon examination by a tax authority for all open tax years, as defined by the statute of limitations, based on their technical merits. As of March 31, 2017 , the Company has not established a liability for uncertain tax positions. The Company and its TRS file income tax returns with the U.S. federal government and various state and local jurisdictions. The Company and its TRS are no longer subject to tax examinations by tax authorities for years prior to 2012. Generally, the Company has assessed its tax positions for all open years, which include 2012 to 2016, and concluded that there are no material uncertainties to be recognized.

Future Minimum Base Rents and L

Future Minimum Base Rents and Lease Payments Future Minimum Rents	3 Months Ended
	Mar. 31, 2017
Future Minimum Base Rents and Lease Payments Future Minimum Rents [Abstract]
Future Minimum Base Rents and Lease Payments Future Minimum Rents	Future Minimum Base Rents and Lease Payments Future Minimum Rents The Company’s properties are leased to tenants under operating leases with initial term expiration dates ranging from 2017 to 2033 . The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and without regard to cancellation options) for properties as of March 31, 2017 : Year Noncancellable Subject to Early Termination Options Total (1) Remaining 2017 $ 365,799 $ 380 $ 366,179 2018 457,963 23,024 480,987 2019 415,324 29,301 444,625 2020 340,628 20,368 360,996 2021 284,972 28,062 313,034 Thereafter 884,701 138,486 1,023,187 Total $ 2,749,387 $ 239,621 $ 2,989,008 _________________ (1) Excludes rents under leases at the Company’s media and entertainment properties with terms of one year or less. Future Minimum Lease Payments The following table summarizes the Company’s ground lease terms related to properties that are held subject to long-term noncancellable ground lease obligations: Property Expiration Date Notes 11601 Wilshire 10/31/2064 Subject to a $50 thousand increase every 5 years. Commencing on August 1, 2026, minimum rent is adjusted to reflect changes in Consumer Price Index (“CPI”). On December 27, 2016, the Company entered into an agreement to purchase the land related to this ground lease for $50.0 million (before credits, prorations and closing costs). The transaction is expected to close in the third quarter of 2017, however there can be no guaranty that it will close as expected. 3400 Hillview 10/31/2040 The ground rent is the greater of the minimum annual rent or percentage annual rent. The minimum annual rent until October 31, 2017 is the lesser of 10% of Fair Market Value (“FMV”) of the land or $1.0 million grown at 75% of the cumulative increases in CPI from October 1989. Thereafter, minimum annual rent is the lesser of 10% of FMV of the land or the minimum annual rent as calculated as of November 1, 2017 plus 75% of subsequent cumulative CPI changes. Percentage annual rent is gross income multiplied by 24.125%. This lease has been prepaid through October 31, 2017. 9300 Wilshire 8/14/2032 The ground rent is the greater of minimum annual rent or percentage annual rent. Percentage annual rent is gross income multiplied by 6%. Clocktower Square 9/26/2056 Minimum annual rent (adjusted every 10 years) plus 25% of adjusted gross income (“AGI”) less minimum annual rent. Del Amo Office 6/30/2049 Rent under the ground sublease is $1.00 per year, with the sublessee being responsible for all impositions, insurance premiums, operating charges, maintenance charges, construction costs and other charges, costs and expenses that arise or may be contemplated under any provisions of the ground sublease. Foothill Research Center 6/30/2039 The ground rent is the greater of the minimum annual rent or percentage annual rent. The minimum annual rent is the lesser of 10% of FMV of the land or the previous year’s minimum annual rent plus 75% of CPI increase. Percentage annual rent is gross income multiplied by 24.125%. Lockheed 7/31/2040 The ground rent is the greater of the minimum annual rent or percentage annual rent. The minimum annual rent is the lesser of 10% of FMV of the land or the previous year’s minimum annual rent plus 75% of consumer price index, or CPI, increase. Percentage annual rent is Lockheed’s base rent multiplied by 24.125%. Metro Center 4/29/2054 Every 10 years rent adjusts to 7.233% of FMV of the land (since 2008) and rent also adjusts every 10 years to reflect the change in CPI from the preceding FMV adjustment date (since 2013). Page Mill Center 11/30/2041 Minimum annual rent (adjusted on 1/1/2019 and 1/1/2029) plus 25% of AGI, less minimum annual rent. Page Mill Hill 11/17/2049 Minimum annual rent (adjusted every 10 years) plus 60% of the average of the percentage annual rent for the previous 7 lease years. Palo Alto Square 11/30/2045 Minimum annual rent (adjusted every 10 years starting 1/1/2022) plus 25% of AGI less minimum annual rent. Sunset Gower Studios 3/31/2060 Every 7 years rent adjusts to 7.5% of FMV of the land. Techmart Commerce Center 5/31/2053 Subject to a 10% increase every 5 years. Contingent rental expense is recorded in the period in which the contingent event becomes probable. The Company recognized rent for ground leases and a corporate office lease as follows: Three Months Ended March 31, 2017 2016 Contingent rental expense $ 2,184 $ 2,337 Minimum rental expense 3,196 3,497 The following table provides information regarding the Company’s future minimum lease payments for its ground leases (before the impact of extension options, if applicable) as of March 31, 2017 : Years Ground Leases (1)(2) Remaining 2017 $ 9,837 2018 14,613 2019 14,663 2020 14,663 2021 14,684 Thereafter 429,386 Total $ 497,846 _________________ (1) In situations where ground lease obligation adjustments are based on third-party appraisals of fair market land value, CPI adjustments, and/or percentage of gross income that exceeds the minimum annual rent, the future minimum lease amounts above include the lease rental obligations in effect as of March 31, 2017 . (2) Balance includes future minimum ground lease obligation for 11601 Wilshire. On December 27, 2016, the Company entered into an agreement to purchase the land related to the 11601 Wilshire ground lease. This transaction is expected to close in the third quarter of 2017, however, there can be no guaranty that the transaction will close.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The GAAP fair value framework uses a three-tiered approach. Fair value measurements are classified and disclosed in one of the following three categories: • Level 1: unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; • Level 2: quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and • Level 3: prices or valuation techniques where little or no market data is available that requires inputs that are both significant to the fair value measurement and unobservable. The Company measures fair value of financial instruments using Level 2 inputs categorized within the fair value framework. The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: March 31, 2017 December 31, 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Derivative assets $ — $ 8,558 $ — $ 8,558 $ — $ 5,935 $ — $ 5,935 Derivative liabilities — 967 — 967 — 1,303 — 1,303 Other Financial Instruments The carrying values of cash and cash equivalents, restricted cash, accounts receivable, accounts payable and accrued liabilities are reasonable estimates of fair value, using Level 1 inputs, because of the short-term nature of these instruments. Fair values for notes payable are estimates based on rates currently prevailing for similar instruments of similar maturities using Level 2 inputs. The table below represents the carrying value and fair value of the Company’s notes payable as of: March 31, 2017 December 31, 2016 Carrying Value Fair Value Carrying Value Fair Value Notes payable (1) $ 2,407,196 $ 2,381,057 $ 2,707,839 $ 2,681,134 _________________ (1) Amounts represent total notes payable excluding net deferred financing costs.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has various stock compensation arrangements, which are more fully described in the 2016 Annual Report on Form 10-K. Under the 2010 Incentive Plan, as amended (the “2010 Plan”), the Company’s board of directors (the “Board”) has the ability to grant, among other things, restricted stock, restricted stock units and performance-based awards. The Board awards restricted shares to non-employee board members on an annual basis as part of such board members’ annual compensation and to newly elected non-employee board members in accordance with the Board compensation program. The time-based awards are generally issued in the second quarter, and the individual share awards vest in equal annual installments over the applicable service vesting period, which is three years. The Board awards time-based restricted shares to employees on an annual basis as part of the employees’ annual compensation. The time-based awards are generally issued in the fourth quarter, and the individual share awards vest in equal annual installments over the applicable service vesting period, which is generally three years. Additionally, certain restricted share awards are subject to a mandatory holding period upon vesting if the grantee is a named executive officer. In December 2015, the Compensation Committee of the Board awarded a one-time special retention award to certain executives. The grants consist of time-based awards and performance-based awards. The time-based awards vest in equal 25% installments over four years, subject to the participant’s continued employment. The performance-based awards vest over a four -year period, subject to the achievement of applicable performance goals and the participant’s continued employment. The Compensation Committee of the Board annually adopts a Hudson Pacific Properties, Inc. Outperformance Program (“OPP Plan”) under the 2010 Plan. An award under the OPP Plan is ultimately earned to the extent the Company outperforms a predetermined total shareholder return (“TSR”) goal and/or achieves goals with respect to the outperformance of its peers in a particular REIT index. The ultimate aggregate award cannot exceed the predetermined maximum bonus pool. With respect to OPP Plan awards granted prior to 2017, to the extent an award is earned following the completion of a three -year performance period, 50% of the earned award will vest in full at the end of the three -year performance period and 25% of the earned award will vest in equal annual installments over the two years thereafter, subject to the participant’s continued employment. OPP Plan awards granted are settled in common stock and in the case of certain executives, awards are settled in performance units in the operating partnership. In February 2017, the Compensation Committee adopted the 2017 OPP Plan. The 2017 OPP Plan is substantially similar to the previous OPP Plans except for (i) the performance period is January 1, 2017 to December 31, 2019 (ii) the maximum bonus pool is $20.0 million and (iii) the two -year post-performance vesting period was replaced with a two -year mandatory holding period upon vesting. The per unit fair value of 2017 OPP award granted was estimated on the date of grant using the following assumptions in the Monte Carlo valuation: Expected price volatility for the Company 24.00% Expected price volatility for the particular REIT index 17.00% Risk-free rate 1.47% Dividend yield 2.30% The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: Three Months Ended March 31, Consolidated Financial Statement Classification 2017 2016 Expensed stock compensation $ 3,902 $ 3,342 General and administrative expenses Capitalized stock compensation 199 82 Deferred leasing costs and lease intangibles, net and tenant improvements Total stock compensation $ 4,101 $ 3,424 Additional paid-in capital and non-controlling interest—units in the operating partnership

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company calculates basic earnings per share by dividing the net income available to common stockholders for the period by the weighted average number of common shares outstanding during the period. The Company calculates diluted earnings per share by dividing the diluted net income available to common stockholders for the period by the weighted average number of common shares and dilutive instruments outstanding during the period using the treasury stock method or the if-converted method, whichever is more dilutive. Unvested time-based RSUs and unvested OPP awards that contain nonforfeitable rights to dividends are participating securities and are included in the computation of earnings per share pursuant to the two-class method. The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share for net income available to common stockholders: Three Months Ended March 31, 2017 2016 Numerator: Net income $ 24,153 $ 5,976 Income attributable to preferred units (159 ) (159 ) Income attributable to participating securities (240 ) (197 ) Income attributable to non-controlling interest in consolidated entities (3,037 ) (1,945 ) Income attributable to non-controlling units of the operating partnership (202 ) (1,422 ) Basic net income available to common stockholders 20,515 2,253 Effect of dilutive instruments 149 — Diluted net income available to common stockholders $ 20,664 $ 2,253 Denominator: Basic weighted average common shares outstanding 147,950,594 89,190,803 Effect of dilutive instruments (1) 1,999,752 407,000 Diluted weighted average common shares outstanding 149,950,346 89,597,803 Basic earnings per common share $ 0.14 $ 0.03 Diluted earnings per common share $ 0.14 $ 0.03 ________________ (1) The Company includes unvested awards and convertible common units as contingently issuable shares in the computation of diluted earnings per share once the market criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per share calculation.

Equity

Equity	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Equity	Equity The table below present the effect of the Company’s derivative instruments on accumulated other comprehensive income (“OCI”): Hudson Pacific Properties, Inc. Stockholders ’ Equity Non-controlling Interest—Units in the Operating Partnership Total Equity Balance at January 1, 2017 $ 9,496 $ (3,618 ) $ 5,878 Unrealized gain recognized in OCI due to change in fair value 1,148 11 1,159 Loss reclassified from OCI into income (as interest expense) 1,688 17 1,705 Net change in OCI related to derivative instruments 2,836 28 2,864 Reclassification related to redemption of common units in the operating partnership (3,622 ) 3,622 — Balance at March 31, 2017 $ 8,710 $ 32 $ 8,742 Non-controlling Interests Common units in the operating partnership Common units of the operating partnership and shares of common stock of the Company have essentially the same economic characteristics, as they share equally in the total net income or loss distributions of the operating partnership. Investors who own common units have the right to cause the operating partnership to repurchase any or all of their common units for cash equal to the then-current market value of one share of common stock or, at the Company’s election, issue shares of the Company’s common stock in exchange for common units on a one-for-one basis. There were 569,045 and 9,450,620 common units outstanding as of March 31, 2017 and December 31, 2016 , respectively. On January 10, 2017, common unitholders required the operating partnership to repurchase 8,881,575 common units and the Company elected, in accordance with the limited partnership agreement of the operating partnership, to settle in cash to satisfy the repurchase. The Company funded the repurchase using the proceeds from a registered underwritten public offering of common stock. Performance units are partnership interests in the operating partnership. Each performance unit awarded will be deemed equivalent to an award of one unit of common stock under the 2010 Plan, reducing the availability for other equity awards on a one-for-one basis. Under the terms of the performance units, the operating partnership will revalue its assets for tax purposes upon the occurrence of certain specified events, and any increase in valuation from the time of grant until such event will be allocated first to the holders of performance units to equalize the capital accounts of such holders with the capital accounts of common unitholders. Subject to any agreed upon exceptions, once vested and having achieved parity with common unitholders, performance units are convertible into common units in the operating partnership on a one -for-one basis. The operating partnership meets the criteria of a VIE and the Company is the primary beneficiary of the operating partnership. Non-controlling interest—members in consolidated entities The Company has an interest in a joint venture with Media Center Partners, LLC (the “Pinnacle JV”). The Pinnacle JV owns the Pinnacle, a two -building (Pinnacle I and Pinnacle II), 625,640 -square-foot office property located in Burbank, California. The Company initially owned a 98.25% interest in the Pinnacle JV. Beginning June 2013, the Company owns a 65% interest in the Pinnacle JV. In January 2015, the Company entered into a joint venture with Canada Pension Plan Investment Board, (“CPPIB”) through which CPPIB purchased a 45% interest in the 1455 Market Street office property located in San Francisco, California, for a purchase price of $219.2 million (before certain credits, proration and closing costs). The Company owns a 55% interest in the 1455 Market Street office property. In October 2016, the Company entered into another joint venture with CPPIB to purchase the Hill7 office property located in Seattle, Washington for a purchase price of $179.8 million (before credits, prorations and closing costs). The Company owns a 55% interest in the Hill7 office property. These joint ventures, of which the Company is the primary beneficiary, meet the criteria of a VIE. 6.25% Series A cumulative redeemable preferred units of the operating partnership 6.25% Series A cumulative redeemable preferred units of the operating partnership are 407,066 Series A preferred units of partnership interest in the operating partnership, or Series A preferred units, which are not owned by the Company. These Series A preferred units are entitled to preferential distributions at a rate of 6.25% per annum on the liquidation preference of $25.00 per unit and became convertible at the option of the holder into common units or redeemable into cash or, at the Company’s election, exchangeable for registered shares of common stock, after June 29, 2013. For a description of the conversion and redemption rights of the Series A preferred units, please see “Description of the Partnership Agreement of Hudson Pacific Properties, L.P. — Material Terms of Our Series A Preferred Units” in the Company’s June 23, 2010 Prospectus. Common Stock Activity On January 10, 2017, the Company completed a public offering of 8,881,575 shares of common stock of Hudson Pacific Properties, Inc. Proceeds from the offering were used to repurchase common units in the operating partnership. On March 3, 2017, the Company completed another public offering of 9,775,000 shares of common stock. Proceeds from the offering were used to fully repay a $255.0 million balance outstanding under its unsecured revolving credit facility, with the remaining proceeds used for general corporate purposes. The Company’s at-the-market, or ATM, program permits sales of up to $125.0 million of stock, $20.1 million of which has been sold as of March 31, 2017 . The Company did not utilize the ATM program in the first quarter of 2017 . Share repurchase program On January 20, 2016, the Board authorized a share repurchase program to buy up to $100.0 million of the outstanding common stock of Hudson Pacific Properties, Inc. No share repurchases have been made as of March 31, 2017 . Dividends During the first quarter of 2017 , the Company declared dividends on its common stock and non-controlling common partnership interests of $0.250 per share and unit. The Company also declared dividends on its Series A preferred partnership interests of $0.3906 per unit. The first quarter dividends were paid on March 30, 2017 to holders of record on March 20, 2017. Taxability of Dividends Earnings and profits, which determine the taxability of distributions to stockholders, may differ from income reported for financial reporting purposes due to the differences for federal income tax purposes in the treatment of loss on extinguishment of debt, revenue recognition, and compensation expense and in the basis of depreciable assets and estimated useful lives used to compute depreciation.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Employment Agreements The Company has entered into employment agreements with certain executive officers, effective January 1, 2016, that provide for various severance and change in control benefits and other terms and conditions of employment. Lease and Subsequent Purchase of Corporate Headquarters from Blackstone On July 26, 2006, the Company’s predecessor, Hudson Capital, LLC, entered into a lease agreement and subsequent amendments with landlord Trizec Holdings Cal, LLC (an affiliate of Blackstone) for the Company’s corporate headquarters at 11601 Wilshire Boulevard. The Company amended the lease to increase its occupancy to 40,120 square feet commencing on September 1, 2015. On December 16, 2015, the Company entered into an amendment of that lease to expand the space to approximately 42,371 square feet and to extend the term by an additional three years, to a total of ten years, through August 31, 2025. On July 1, 2016, the Company purchased the 11601 Wilshire property from funds managed by Blackstone for $311.0 million (before credits, prorations and closing costs). JMG Capital Lease at 11601 Wilshire JMG Capital Management LLC leases approximately 6,638 square feet at the Company’s 11601 Wilshire property pursuant to an eight -year lease at an aggregate rate of approximately $279 thousand annualized rent per year. Jonathan M. Glaser, a director on the Board, is the founder and managing member of JMG Capital Management LLC. JMG Capital Management LLC was a tenant of the property at the time it was purchased by the Company. 222 Kearny Street Disposition On February 14, 2017, the Company sold its 222 Kearny Street property to a joint venture, a partner of which is an affiliate of the Farallon Funds. Richard B. Fried, a director on the Board, is a managing member of the Farallon Funds. Agreements Related to EOP Acquisition On April 1, 2015, the Company completed the EOP Acquisition from certain affiliates of Blackstone, which consisted of 26 high-quality office assets totaling approximately 8.2 million square feet and two development parcels located throughout the San Francisco Peninsula, Redwood Shores, Palo Alto, Silicon Valley and North San Jose submarkets. The total consideration paid for the EOP Acquisition before certain credits, prorations and closing costs included a cash payment of $1.75 billion and an aggregate of 63,474,791 shares of common stock of Hudson Pacific Properties, Inc. and common units in the operating partnership. In connection with the EOP Acquisition, the Company, the operating partnership and Blackstone entered into a stockholders agreement, which conferred Blackstone certain rights, including the right to nominate up to three of the Company’s directors. Additionally, the Company entered into a registration rights agreement with Blackstone providing for customary registration rights with respect to the equity consideration paid in the EOP Acquisition. Following a common stock offering and common unit repurchase on January 10, 2017, the stockholders agreement and the registration rights agreement automatically terminated on that date. Common Stock Offerings and Common Unit Redemptions On January 10, 2017, the Company, Blackstone and the Farallon Funds completed a public offering of 18,673,808 shares of common stock, consisting of 8,881,575 shares offered by the Company and 9,792,233 shares offered by the selling stockholders. The offering generated net proceeds for the Company and the selling stockholders of approximately $310.9 million and $342.7 million , respectively, before expenses. The Company used the net proceeds that it received from the offering to redeem 8,881,575 common units held by Blackstone and the Farallon Funds. The Company did not receive any proceeds from the sale of the common stock by the selling stockholders in the offerings described above but it paid approximately half of the expenses of the offerings with respect to the shares of common stock sold by the Farallon Funds and all of the expenses with respect to the shares of common stock sold by Blackstone, in each case, other than underwriting discounts, which were borne by the selling stockholders.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal From time to time, the Company is party to various lawsuits, claims and other legal proceedings arising out of, or incident to, the ordinary course of business. Management believes, based in part upon consultation with legal counsel, that the ultimate resolution of all such claims will not have a material adverse effect on the Company’s results of operations, financial position or cash flows. As of March 31, 2017 , the risk of material loss from such legal actions impacting the Company’s financial condition or results from operations has been assessed as remote. Concentrations As of March 31, 2017 , the majority of the Company’s properties were located in California, which exposes the Company to greater economic risks than if it owned a more geographically dispersed portfolio. A significant portion of the Company’s rental revenue is derived from tenants in the media and entertainment and technology industries. As of March 31, 2017 , approximately 15.8% and 28.5% of rentable square feet were related to the media and entertainment and technology industries, respectively. As of March 31, 2017 , the Company’s 15 largest tenants represented approximately 23.4% of its rentable square feet and no single tenant accounted for more than 10% . Letters of Credit As of March 31, 2017 , the Company has outstanding letters of credit totaling approximately $2.6 million under the unsecured revolving credit facility. The letters of credit are primarily related to utility company security deposit requirements.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On May 1, 2017, the Company completed its acquisition of Sunset Las Palmas Studios (formerly Hollywood Center Studios), a 369,000 -square-foot media and entertainment campus located in Hollywood, California, for $200.0 million (before credits, prorations and closing costs). In April 2017, the Company drew $150.0 million under the unsecured revolving credit facility to fund the acquisition. The Company is currently in the process of determining the purchase price allocation.

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	The accompanying consolidated financial statements of the Company and the operating partnership are prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) applicable to interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying interim financial statements reflect all adjustments of a normal and recurring nature that are considered necessary for a fair presentation of the results for the interim periods presented. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the year ended December 31, 2017 . The interim consolidated financial statements should be read in conjunction with the consolidated financial statements in the 2016 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. and the notes thereto. Certain amounts in the consolidated financial statements for the prior period have been reclassified to conform to the current period presentation. Specifically, in the Consolidated Balance Sheets for the prior period, certain amounts have been reclassified to held for sale. These amounts relate to 3402 Pico Boulevard, which was sold on March 21, 2017.
Principles of Consolidation	The unaudited interim consolidated financial statements of the Company include the accounts of the Company, the operating partnership and all wholly owned subsidiaries and variable interest entities (“VIEs”), of which the Company is the primary beneficiary. The unaudited interim consolidated financial statements of the operating partnership include the accounts of the operating partnership, and all wholly owned subsidiaries and VIEs of which the operating partnership is the primary beneficiary. All intercompany balances and transactions have been eliminated in the consolidated financial statements. The Company consolidates all VIEs of which the Company is considered the primary beneficiary. VIEs are defined as entities in which equity investors (i) do not have the characteristics of a controlling financial interest and/or (ii) do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. The entity that consolidates a VIE is known as its primary beneficiary and is generally the entity with (i) the power to direct the activities that most significantly affect the VIE’s economic performance and (ii) the right to receive benefits from the VIE or the obligation to absorb losses of the VIE that could be significant to the VIE. Four of the Company’s joint ventures and its operating partnership meet the definition of a VIE. The Company is the primary beneficiary of and consolidates three of the joint ventures and the operating partnership. Refer to Note 16 for details. Substantially all of the assets and liabilities of the Company are related to these VIEs. The Company is not consolidating one of its joint ventures, of which it is not the primary beneficiary, and an interest in land. Due to its significant influence over these entities, the Company accounts for them using the equity method of accounting. Refer to Note 7 for details.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates, including those related to acquiring, developing and assessing the carrying values of its real estate properties, its accrued liabilities and its performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates.
Recently Issued Accounting Pronouncements	Changes to GAAP are established by the Financial Accounting Standards Board (the “FASB”) in the form of Accounting Standards Update (“ASU”). The following ASUs were adopted by the Company in the first quarter of 2017: Standard Description Effect on the financial statements or other significant matters ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments—Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings (SEC Update) The guidance in this ASU is based on two SEC staff announcements made at the September 2016 and November 2016 EITF meetings. In the September meeting, the SEC announced that a registrant should disclose the potential material effects of the ASUs related to revenues, leases and credit losses on financial instruments. As a result of the November meeting, the ASU conforms Accounting Standards Codification (“ASC”) 323 to the guidance issued in ASU 2014-01 related to investments in qualified affordable housing projects. With the adoption of this guidance, the Company is required to provide updates on its implementation of the ASUs related to revenue, leases and credit losses on financial instruments. Please refer to the table below for updates on the revenue and lease ASUs. The credit losses on financial instruments ASU is not anticipated to have a material impact on the Company. ASU 2016-19, Technical Corrections and Improvements The technical corrections make minor change to certain aspects of the FASB ASC, including changes to resolve differences between current and pre-Codification guidance, updates to wording, references to avoid misapplication and textual simplifications to increase the Codification’s utility and understandability and minor amendments to guidance that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. The adoption did not have a material impact on the Company’s consolidated financial statements. ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control This guidance outlines how a single decisionmaker of a VIE should treat indirect interests held through other related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. The adoption did not have a material impact on the Company’s consolidated financial statements and did not change the consolidation conclusion. ASU 2016-07, Investments—Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting The guidance eliminates the requirement that an investor retrospectively apply equity method accounting when an investment that it had accounted for by another method initially qualifies for use of the equity method. The guidance also requires an investor that has an available-for-sale security that subsequently qualifies for the equity method to recognize in net income the unrealized holding gains or losses in accumulated other comprehensive income related to that security when it begins applying the equity method. The adoption did not have a material impact on the Company’s consolidated financial statements. ASU 2016-05, Derivatives and Hedging (Topic 815), Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships The guidance states that the novation of a derivative contract (e.g., a change in the counterparty) in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedge accounting relationship. The hedge accounting relationship could continue uninterrupted if all of the other hedge accounting criteria are met, including the expectation that the hedge will be highly effective when the creditworthiness of the new counterparty to the derivative contract is considered. The adoption did not have a material impact on the Company’s consolidated financial statements. As required by ASU 2017-03, the Company is providing updates to the revenue and lease standard on a quarterly basis, as follows: Standard Description Effect on the financial statements or other significant matters ASU related to Revenue from Contracts with Customers (Topic 606) The new revenue standard was amended through various ASU’s. The ASU’s that impact the Company are ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) and ASU 2014-09, Revenue from Contracts with Customers. ASU 2016-08 clarifies certain aspects of the principal-versus-agent guidance in its new revenue recognition standard related to the determination of whether an entity is a principal-versus-agent and the determination of the nature of each specified good or service. ASU 2014-09 outlines a single comprehensive model for entities to use in accounting for revenues arising from contracts with customers and specifically notes that lease contracts with customers are a scope exception. The Company does not expect this guidance to have a material effect on revenue recognition as it relates to its leasing contracts until the adoption of ASU 2016-02, at which time the standard may affect revenue recognition as it relates to certain non-lease revenue components that are part of its leasing contracts. The Company has formed an implementation work team, completed training of the new standards with the implementation team, and begun review and documentation. The Company is currently evaluating this standard as it relates to media and entertainment other property-related revenue. The Company has the option of adopting this standard on either the full retrospective basis (to the beginning of its contracts) or modified retrospective method (from the beginning of the latest fiscal year of adoption). The Company plans on adopting the standard January 1, 2018 using the modified retrospective method. ASU 2016-02, Leases This guidance requires all lessees to record a lease liability at lease inception, with a corresponding right of use asset, except for short-term leases. Lessor accounting will not be fundamentally changed. The Company has formed an implementation work team, completed training of the new standards with the implementation team, and begun review and documentation. The Company is currently in the process of evaluating the amount of assets and liabilities relating to right of use that will need to be recorded with respect to its leases where it is the lessee. Additionally, the standard will impact the way the Company will record revenue and leasing costs where it is the lessor. For leasing costs, the Company will no longer be able to capitalize internal leasing costs to the extent they are not directly attributable to the lease transaction. Accordingly, the Company anticipates that internal leasing costs will be expensed with the adoption of this standard. With respect to the lease revenue, the Company will need to break down its current revenue streams between leasing and non-leasing components. To the extent there are non-leasing components the Company will need to record them in accordance with ASC 606 (see above). The Company is still in the process of evaluating its existing leasing components to determine what effect, if any, this standard will have on its revenue recognition as it relates to its leases. The Company will adopt the standard using the retrospective method from the beginning of the first year presented on the consolidated statement of operations which is January 1, 2017. The Company considers the applicability and impact of all ASUs. The following table lists the recently issued ASUs that have not been disclosed in the Company ’s Annual Report on Form 10-K and have not been adopted by the Company. The list excludes those ASUs that are expected to have an immaterial impact on the Company’s consolidated financial statements. Standard Description Effective Date Effect on the financial statements or other significant matters ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets The guidance clarifies the scope of ASC 610-20 on the sale or transfer of nonfinancial assets and in substance nonfinancial assets to noncustomers, including partial sales. Effective for annual reporting periods (including interim periods) beginning after December 15, 2017 The Company is currently assessing the impact of this update on its consolidated financial statements and notes to the consolidated financial statements and plans to adopt this guidance in the first quarter in 2018.

Investment in Real Estate (Tabl

Investment in Real Estate (Tables)	3 Months Ended
	Mar. 31, 2017
Real Estate [Abstract]
Schedule of properties sold	The following table summarizes the properties sold during the three months ended March 31, 2017 . These properties were non-strategic assets to the Company’s portfolio: Property Date of Disposition Square Feet Sales Price (1) (in millions) 222 Kearny Street February 14, 2017 148,797 $ 51.8 3402 Pico Boulevard March 21, 2017 50,687 35.0 Total dispositions 199,484 $ 86.8 _________________ (1) Represents gross sales price before certain credits, prorations and closing costs.
Schedule of costs capitalized	The Company recognized the following capitalized costs during the periods presented: Three Months Ended March 31, 2017 2016 Capitalized personnel costs $ 2,737 $ 2,319 Capitalized interest 2,446 2,628

Deferred Leasing Costs and Le30

Deferred Leasing Costs and Lease Intangibles, net (Tables)	3 Months Ended
	Mar. 31, 2017
Leases [Abstract]
Schedule of deferred leasing cost and lease intangibles	The following summarizes the Company’s deferred leasing costs and lease intangibles as of: March 31, 2017 December 31, 2016 Above-market leases $ 22,823 $ 23,430 Accumulated amortization (13,738 ) (12,989 ) Above-market leases, net 9,085 10,441 Deferred leasing costs and in-place lease intangibles 376,056 378,540 Accumulated amortization (154,381 ) (145,551 ) Deferred leasing costs and in-place lease intangibles, net 221,675 232,989 Below-market ground leases 71,423 71,423 Accumulated amortization (5,538 ) (4,891 ) Below-market ground leases, net 65,885 66,532 Deferred leasing costs and lease intangible assets, net $ 296,645 $ 309,962 Below-market leases $ 138,549 $ 141,676 Accumulated amortization (66,511 ) (62,552 ) Below-market leases, net 72,038 79,124 Above-market ground leases 1,095 1,095 Accumulated amortization (100 ) (89 ) Above-market ground leases, net 995 1,006 Lease intangible liabilities, net $ 73,033 $ 80,130
Schedule of amortization during period	The Company recognized the following amortization related to deferred leasing costs and lease intangibles: Three Months Ended March 31, 2017 2016 Above-market leases (1) $ 1,356 $ 3,719 Below-market leases (1) 7,088 8,570 Deferred leasing costs and in-place lease intangibles (2) 19,793 22,568 Above-market ground leases (3) 11 11 Below-market ground leases (3) 648 546 __________________ (1) Amortization is recorded in office rental income in the Consolidated Statements of Operations. (2) Amortization is recorded in depreciation and amortization expense and office rental income in the Consolidated Statements of Operations. (3) Amortization is recorded in office operating expenses in the Consolidated Statements of Operations.

Accounts Receivable, net (Table

Accounts Receivable, net (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Schedule of accounts receivable, net	The following table summarizes the Company’s accounts receivable, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Accounts receivable $ 4,306 $ 8,697 Allowance for doubtful accounts (2,297 ) (1,845 ) Accounts receivable, net $ 2,009 $ 6,852 The following table represents the Company’s straight-line rent receivables, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Straight-line rent receivables $ 87,228 $ 87,417 Allowance for doubtful accounts (2,378 ) (136 ) Straight-line rent receivables, net $ 84,850 $ 87,281

Straight-line Rent Receivable32

Straight-line Rent Receivables, net (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Schedule of straight-line rent receivables, net	The following table summarizes the Company’s accounts receivable, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Accounts receivable $ 4,306 $ 8,697 Allowance for doubtful accounts (2,297 ) (1,845 ) Accounts receivable, net $ 2,009 $ 6,852 The following table represents the Company’s straight-line rent receivables, net of allowance for doubtful accounts as of: March 31, 2017 December 31, 2016 Straight-line rent receivables $ 87,228 $ 87,417 Allowance for doubtful accounts (2,378 ) (136 ) Straight-line rent receivables, net $ 84,850 $ 87,281

Notes Payable, Net (Tables)

Notes Payable, Net (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of long-term debt instruments	The following table summarizes the balances of the Company’s indebtedness as of: March 31, 2017 December 31, 2016 Notes payable $ 2,407,196 $ 2,707,839 Less: deferred financing costs, net (1) (18,808 ) (19,829 ) Notes payable, net $ 2,388,388 $ 2,688,010 ________________ (1) Excludes deferred financing costs related to establishing the Company’s unsecured revolving credit facility of $1.3 million and $1.5 million as of March 31, 2017 and December 31, 2016 , respectively, which are included in prepaid expenses and other assets, net in the Consolidated Balance Sheets. The following table sets forth information with respect to the amounts included in notes payable, net as of: March 31, 2017 December 31, 2016 Principal Amount Deferred Financing Costs, net Principal Amount Deferred Financing Costs, net Interest Rate (1) Contractual Maturity Date UNSECURED LOANS Unsecured Revolving Credit Facility (2) $ — $ — $ 300,000 $ — LIBOR+ 1.15% to 1.85% 4/1/2019 (3) 5-Year Term Loan due April 2020 (2)(4) 450,000 (3,243 ) 450,000 (3,513 ) LIBOR+ 1.30% to 2.20% 4/1/2020 5-Year Term Loan due November 2020 (2) 175,000 (697 ) 175,000 (745 ) LIBOR +1.30% to 2.20% 11/17/2020 7-Year Term Loan due April 2022 (2)(5) 350,000 (2,157 ) 350,000 (2,265 ) LIBOR+ 1.60% to 2.55% 4/1/2022 7-Year Term Loan due November 2022 (2)(6) 125,000 (892 ) 125,000 (931 ) LIBOR +1.60% to 2.55% 11/17/2022 Series A Notes 110,000 (891 ) 110,000 (930 ) 4.34% 1/2/2023 Series E Notes 50,000 (289 ) 50,000 (300 ) 3.66% 9/15/2023 Series B Notes 259,000 (2,207 ) 259,000 (2,271 ) 4.69% 12/16/2025 Series D Notes 150,000 (874 ) 150,000 (898 ) 3.98% 7/6/2026 Series C Notes 56,000 (527 ) 56,000 (539 ) 4.79% 12/16/2027 TOTAL UNSECURED LOANS 1,725,000 (11,777 ) 2,025,000 (12,392 ) MORTGAGE LOANS Mortgage Loan secured by Rincon Center (7) 99,897 (158 ) 100,409 (198 ) 5.13% 5/1/2018 Mortgage Loan secured by Sunset Gower Studios/Sunset Bronson Studios 5,001 (1,357 ) 5,001 (1,534 ) LIBOR+2.25% 3/4/2019 (3) Mortgage Loan secured by Met Park North (8) 64,500 (370 ) 64,500 (398 ) LIBOR+1.55% 8/1/2020 Mortgage Loan secured by 10950 Washington (7) 27,798 (337 ) 27,929 (354 ) 5.32% 3/11/2022 Mortgage Loan secured by Pinnacle I (9)(10) 129,000 (567 ) 129,000 (593 ) 3.95% 11/7/2022 Mortgage Loan secured by Element LA 168,000 (2,256 ) 168,000 (2,321 ) 4.59% 11/6/2025 Mortgage Loan secured by Pinnacle II (10) 87,000 (701 ) 87,000 (720 ) 4.30% 6/11/2026 Mortgage Loan secured by Hill7 (11) 101,000 (1,285 ) 101,000 (1,319 ) 3.38% 11/6/2026 TOTAL MORTGAGE LOANS 682,196 (7,031 ) 682,839 (7,437 ) TOTAL $ 2,407,196 $ (18,808 ) $ 2,707,839 $ (19,829 ) _________________ (1) Interest rate with respect to indebtedness is calculated on the basis of a 360 -day year for the actual days elapsed. Interest rates are as of March 31, 2017 , which may be different than the interest rates as of December 31, 2016 for corresponding indebtedness. (2) The Company has the option to make an irrevocable election to change the interest rate depending on the Company’s credit rating. As of March 31, 2017 , no such election had been made. (3) The maturity date may be extended once for an additional one -year term. (4) Effective July 2016, $300.0 million of the term loan has been effectively fixed at 2.75% to 3.65% per annum through the use of two interest rate swaps. See Note 10 for details. (5) Effective July 2016, the outstanding balance of the term loan has been effectively fixed at 3.36% to 4.31% per annum through the use of two interest rate swaps. See Note 10 for details. (6) Effective June 1, 2016, the outstanding balance of the term loan has been effectively fixed at 3.03% to 3.98% per annum through the use of an interest rate swap. See Note 10 for details. (7) Monthly debt service includes annual debt amortization payments based on a 30 -year amortization schedule with a balloon payment at maturity. (8) This loan bears interest only. Interest on the full loan amount has been effectively fixed at 3.71% per annum through use of an interest rate swap. See Note 10 for details. (9) This loan bears interest only for the first five years. Beginning with the payment due December 6, 2017, monthly debt service will include annual debt amortization payments based on a 30 -year amortization schedule with a balloon payment at maturity. (10) The Company owns 65% of the ownership interests in the consolidated joint venture that owns the Pinnacle I and II properties. The full amount of the loan is shown. (11) The Company owns 55% of the ownership interest in the consolidated joint venture that owns the Hill7 property. The full amount of the loan is shown. The maturity date of this loan can be extended for an additional two years at a higher interest rate and with principal amortization.
Schedule of maturities of long-term debt	The following table summarizes the minimum future principal payments due (before the impact of extension options, if applicable) on the operating partnership’s secured and unsecured notes payable as of March 31, 2017 : Year Annual Principal Payments Remaining 2017 $ 2,071 2018 101,157 2019 7,886 2020 692,493 2021 3,142 Thereafter 1,600,447 Total $ 2,407,196

Future Minimum Base Rents and34

Future Minimum Base Rents and Lease Payments Future Minimum Rents (Tables)	3 Months Ended
	Mar. 31, 2017
Future Minimum Base Rents and Lease Payments Future Minimum Rents [Abstract]
Schedule of future minimum rental payments for operating leases	The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and without regard to cancellation options) for properties as of March 31, 2017 : Year Noncancellable Subject to Early Termination Options Total (1) Remaining 2017 $ 365,799 $ 380 $ 366,179 2018 457,963 23,024 480,987 2019 415,324 29,301 444,625 2020 340,628 20,368 360,996 2021 284,972 28,062 313,034 Thereafter 884,701 138,486 1,023,187 Total $ 2,749,387 $ 239,621 $ 2,989,008 _________________ (1) Excludes rents under leases at the Company’s media and entertainment properties with terms of one year or less.
Schedule of acquired ground lease agreements	The following table summarizes the Company’s ground lease terms related to properties that are held subject to long-term noncancellable ground lease obligations: Property Expiration Date Notes 11601 Wilshire 10/31/2064 Subject to a $50 thousand increase every 5 years. Commencing on August 1, 2026, minimum rent is adjusted to reflect changes in Consumer Price Index (“CPI”). On December 27, 2016, the Company entered into an agreement to purchase the land related to this ground lease for $50.0 million (before credits, prorations and closing costs). The transaction is expected to close in the third quarter of 2017, however there can be no guaranty that it will close as expected. 3400 Hillview 10/31/2040 The ground rent is the greater of the minimum annual rent or percentage annual rent. The minimum annual rent until October 31, 2017 is the lesser of 10% of Fair Market Value (“FMV”) of the land or $1.0 million grown at 75% of the cumulative increases in CPI from October 1989. Thereafter, minimum annual rent is the lesser of 10% of FMV of the land or the minimum annual rent as calculated as of November 1, 2017 plus 75% of subsequent cumulative CPI changes. Percentage annual rent is gross income multiplied by 24.125%. This lease has been prepaid through October 31, 2017. 9300 Wilshire 8/14/2032 The ground rent is the greater of minimum annual rent or percentage annual rent. Percentage annual rent is gross income multiplied by 6%. Clocktower Square 9/26/2056 Minimum annual rent (adjusted every 10 years) plus 25% of adjusted gross income (“AGI”) less minimum annual rent. Del Amo Office 6/30/2049 Rent under the ground sublease is $1.00 per year, with the sublessee being responsible for all impositions, insurance premiums, operating charges, maintenance charges, construction costs and other charges, costs and expenses that arise or may be contemplated under any provisions of the ground sublease. Foothill Research Center 6/30/2039 The ground rent is the greater of the minimum annual rent or percentage annual rent. The minimum annual rent is the lesser of 10% of FMV of the land or the previous year’s minimum annual rent plus 75% of CPI increase. Percentage annual rent is gross income multiplied by 24.125%. Lockheed 7/31/2040 The ground rent is the greater of the minimum annual rent or percentage annual rent. The minimum annual rent is the lesser of 10% of FMV of the land or the previous year’s minimum annual rent plus 75% of consumer price index, or CPI, increase. Percentage annual rent is Lockheed’s base rent multiplied by 24.125%. Metro Center 4/29/2054 Every 10 years rent adjusts to 7.233% of FMV of the land (since 2008) and rent also adjusts every 10 years to reflect the change in CPI from the preceding FMV adjustment date (since 2013). Page Mill Center 11/30/2041 Minimum annual rent (adjusted on 1/1/2019 and 1/1/2029) plus 25% of AGI, less minimum annual rent. Page Mill Hill 11/17/2049 Minimum annual rent (adjusted every 10 years) plus 60% of the average of the percentage annual rent for the previous 7 lease years. Palo Alto Square 11/30/2045 Minimum annual rent (adjusted every 10 years starting 1/1/2022) plus 25% of AGI less minimum annual rent. Sunset Gower Studios 3/31/2060 Every 7 years rent adjusts to 7.5% of FMV of the land. Techmart Commerce Center 5/31/2053 Subject to a 10% increase every 5 years.
Schedule of rent expense	Contingent rental expense is recorded in the period in which the contingent event becomes probable. The Company recognized rent for ground leases and a corporate office lease as follows: Three Months Ended March 31, 2017 2016 Contingent rental expense $ 2,184 $ 2,337 Minimum rental expense 3,196 3,497
Schedule of future minimum lease payments	The following table provides information regarding the Company’s future minimum lease payments for its ground leases (before the impact of extension options, if applicable) as of March 31, 2017 : Years Ground Leases (1)(2) Remaining 2017 $ 9,837 2018 14,613 2019 14,663 2020 14,663 2021 14,684 Thereafter 429,386 Total $ 497,846 _________________ (1) In situations where ground lease obligation adjustments are based on third-party appraisals of fair market land value, CPI adjustments, and/or percentage of gross income that exceeds the minimum annual rent, the future minimum lease amounts above include the lease rental obligations in effect as of March 31, 2017 . (2) Balance includes future minimum ground lease obligation for 11601 Wilshire. On December 27, 2016, the Company entered into an agreement to purchase the land related to the 11601 Wilshire ground lease. This transaction is expected to close in the third quarter of 2017, however, there can be no guaranty that the transaction will close.

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of estimated fair value of derivatives measured by level of fair value hierarchy	The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: March 31, 2017 December 31, 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Derivative assets $ — $ 8,558 $ — $ 8,558 $ — $ 5,935 $ — $ 5,935 Derivative liabilities — 967 — 967 — 1,303 — 1,303
Schedule of carrying value and fair value of notes payable	The table below represents the carrying value and fair value of the Company’s notes payable as of: March 31, 2017 December 31, 2016 Carrying Value Fair Value Carrying Value Fair Value Notes payable (1) $ 2,407,196 $ 2,381,057 $ 2,707,839 $ 2,681,134 _________________ (1) Amounts represent total notes payable excluding net deferred financing costs.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of fair value assumptions	The per unit fair value of 2017 OPP award granted was estimated on the date of grant using the following assumptions in the Monte Carlo valuation: Expected price volatility for the Company 24.00% Expected price volatility for the particular REIT index 17.00% Risk-free rate 1.47% Dividend yield 2.30%
Schedule of classification and amount recognized for stock-based compensation	The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: Three Months Ended March 31, Consolidated Financial Statement Classification 2017 2016 Expensed stock compensation $ 3,902 $ 3,342 General and administrative expenses Capitalized stock compensation 199 82 Deferred leasing costs and lease intangibles, net and tenant improvements Total stock compensation $ 4,101 $ 3,424 Additional paid-in capital and non-controlling interest—units in the operating partnership

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of earnings per share	The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share for net income available to common stockholders: Three Months Ended March 31, 2017 2016 Numerator: Net income $ 24,153 $ 5,976 Income attributable to preferred units (159 ) (159 ) Income attributable to participating securities (240 ) (197 ) Income attributable to non-controlling interest in consolidated entities (3,037 ) (1,945 ) Income attributable to non-controlling units of the operating partnership (202 ) (1,422 ) Basic net income available to common stockholders 20,515 2,253 Effect of dilutive instruments 149 — Diluted net income available to common stockholders $ 20,664 $ 2,253 Denominator: Basic weighted average common shares outstanding 147,950,594 89,190,803 Effect of dilutive instruments (1) 1,999,752 407,000 Diluted weighted average common shares outstanding 149,950,346 89,597,803 Basic earnings per common share $ 0.14 $ 0.03 Diluted earnings per common share $ 0.14 $ 0.03 ________________ (1) The Company includes unvested awards and convertible common units as contingently issuable shares in the computation of diluted earnings per share once the market criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per share calculation.

Equity (Tables)

Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Comprehensive income (loss)	The table below present the effect of the Company’s derivative instruments on accumulated other comprehensive income (“OCI”): Hudson Pacific Properties, Inc. Stockholders ’ Equity Non-controlling Interest—Units in the Operating Partnership Total Equity Balance at January 1, 2017 $ 9,496 $ (3,618 ) $ 5,878 Unrealized gain recognized in OCI due to change in fair value 1,148 11 1,159 Loss reclassified from OCI into income (as interest expense) 1,688 17 1,705 Net change in OCI related to derivative instruments 2,836 28 2,864 Reclassification related to redemption of common units in the operating partnership (3,622 ) 3,622 — Balance at March 31, 2017 $ 8,710 $ 32 $ 8,742

Organization - Narrative (Detai

Organization - Narrative (Details) $ in Millions	Apr. 01, 2015USD ($)ft²projectpropertyshares	Mar. 31, 2017ft²property
Business Acquisition [Line Items]
Number of real estate properties acquired (in properties)		0
Area of real estate property (in square feet) | ft²		199,484
Office Properties
Business Acquisition [Line Items]
Number of real estate properties (in properties)		52
Media and Entertainment Properties
Business Acquisition [Line Items]
Number of real estate properties (in properties)		2
EOP Northern California Portfolio
Business Acquisition [Line Items]
Area of real estate property (in square feet) | ft²	8,200,000
Gross payments to acquire business | $	$ 1,750
Consideration transferred, common units (in shares) | shares	63,474,791
EOP Northern California Portfolio | Office Building
Business Acquisition [Line Items]
Number of real estate properties acquired (in properties)	26
EOP Northern California Portfolio | Development Parcel
Business Acquisition [Line Items]
Number of development projects acquired (in projects) | project	2

Summary of Significant Accoun40

Summary of Significant Accounting Policies - Narrative (Details)	3 Months Ended
	Mar. 31, 2017joint_venture
Variable Interest Entity [Line Items]
Number of joint ventures consolidated (in joint ventures)	4
Primary Beneficiary
Variable Interest Entity [Line Items]
Number of joint ventures consolidated (in joint ventures)	3
Not Primary Beneficiary
Variable Interest Entity [Line Items]
Number of joint ventures consolidated (in joint ventures)	1

Investment in Real Estate - Sum

Investment in Real Estate - Summary of Property Sold (Details) $ in Thousands	Mar. 21, 2017USD ($)ft²	Feb. 14, 2017USD ($)ft²	Mar. 31, 2017USD ($)ft²property	Mar. 31, 2016USD ($)	Dec. 31, 2016property
Real Estate [Abstract]
Number of real estate properties acquired (in properties) | property			0
Real Estate [Line Items]
Area of real estate property (in square feet) | ft²			199,484
Sales Price			$ 86,800
Gains on sale of real estate			$ 16,866	$ 6,352
Number of properties held for sale (in properties) | property			0		2
222 Kearny Street
Real Estate [Line Items]
Area of real estate property (in square feet) | ft²		148,797
Sales Price		$ 51,800
3402 Pico Boulevard
Real Estate [Line Items]
Area of real estate property (in square feet) | ft²	50,687
Sales Price	$ 35,000

Investment in Real Estate - Cos

Investment in Real Estate - Cost Capitalized (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Real Estate [Abstract]
Capitalized personnel costs	$ 2,737,000	$ 2,319,000
Capitalized interest	2,446,000	$ 2,628,000
Long-lived asset impairment charges	$ 0

Deferred Leasing Costs and Le43

Deferred Leasing Costs and Lease Intangibles, net - Schedule of Finite-Lived Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and lease intangibles, net	$ 296,645		$ 309,962
Other Liabilities, Unclassified [Abstract]
Below and above market ground leases, net	73,033		80,130
Amortization of above- and below-market leases, net	(5,732)	$ (4,851)
Below Market Leases
Other Liabilities, Unclassified [Abstract]
Below and above market ground leases	138,549		141,676
Below and above market ground leases, accumulated amortization	(66,511)		(62,552)
Below and above market ground leases, net	72,038		79,124
Amortization of above- and below-market leases, net	7,088	8,570
Above Market Ground Leases
Other Liabilities, Unclassified [Abstract]
Below and above market ground leases	1,095		1,095
Below and above market ground leases, accumulated amortization	(100)		(89)
Below and above market ground leases, net	995		1,006
Amortization of above- and below-market leases, net	11	11
Above-market leases
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and lease intangibles	22,823		23,430
Accumulated amortization	(13,738)		(12,989)
Deferred leasing costs and lease intangibles, net	9,085		10,441
Other Liabilities, Unclassified [Abstract]
Amortization of above- and below-market leases, net	1,356	3,719
Deferred leasing costs and in-place lease intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and lease intangibles	376,056		378,540
Accumulated amortization	(154,381)		(145,551)
Deferred leasing costs and lease intangibles, net	221,675		232,989
Other Liabilities, Unclassified [Abstract]
Amortization of above- and below-market leases, net	19,793	22,568
Below-market ground leases
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and lease intangibles	71,423		71,423
Accumulated amortization	(5,538)		(4,891)
Deferred leasing costs and lease intangibles, net	65,885		$ 66,532
Other Liabilities, Unclassified [Abstract]
Amortization of above- and below-market leases, net	$ 648	$ 546

Accounts Receivable, net (Detai

Accounts Receivable, net (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Accounts receivable	$ 4,306	$ 8,697
Allowance for doubtful accounts	(2,297)	(1,845)
Accounts receivable, net	$ 2,009	$ 6,852

Straight-line Rent Receivable45

Straight-line Rent Receivables, net (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for doubtful accounts	$ (2,297)	$ (1,845)
Straight-line rent receivables, net	84,850	87,281
Allowance for Straight-Line Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Straight-line rent receivables	87,228	87,417
Allowance for doubtful accounts	$ (2,378)	$ (136)

Investment in Unconsolidated 46

Investment in Unconsolidated Entity (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Dec. 27, 2016	Jul. 01, 2016	Jun. 16, 2016
Schedule of Equity Method Investments [Line Items]
Assets associated with real estate held for sale	$ 38,546,000	$ 37,228,000
11601 Wilshire Boulevard Office Building
Schedule of Equity Method Investments [Line Items]
Real estate property, ownership (as a percent)				28.00%
Assets associated with real estate held for sale	7,800,000	7,800,000
Agreement to purchase outstanding interest in land			$ 50,000,000
Santa Clara, CA Joint Venture
Schedule of Equity Method Investments [Line Items]
Real estate property, ownership (as a percent)					21.00%
Assets associated with real estate held for sale	$ 30,700,000	$ 29,400,000

Goodwill (Details)

Goodwill (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 8,754,000	$ 8,754,000
Goodwill impairment during period	$ 0

Notes Payable, Net - Summary of

Notes Payable, Net - Summary of Notes Payable (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Notes payable	$ 2,407,196	$ 2,707,839
Less: deferred financing costs, net	(18,808)	(19,829)
Notes payable, net	2,388,388	2,688,010
Prepaid expenses and other assets, net
Short-term Debt [Line Items]
Deferred financing costs	$ 1,300	$ 1,500

Notes Payable, Net - Summary 49

Notes Payable, Net - Summary of Outstanding Indebtedness (Details) - USD ($) $ in Thousands	Apr. 01, 2015	Jul. 31, 2013	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Principal Amount			$ 2,407,196	$ 2,707,839
Deferred Financing Costs, net			(18,808)	(19,829)
Met Park North
Debt Instrument [Line Items]
Principal Amount		$ 64,500
Met Park North | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.55%
Unsecured Debt
Debt Instrument [Line Items]
Principal Amount			1,725,000	2,025,000
Deferred Financing Costs, net			(11,777)	(12,392)
Unsecured Debt | Revolving Credit Facility 2014
Debt Instrument [Line Items]
Principal Amount			0	300,000
Deferred Financing Costs, net			$ 0	0
Unsecured Debt | Revolving Credit Facility 2014 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1.15%		1.15%
Unsecured Debt | Revolving Credit Facility 2014 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1.85%		1.85%
Unsecured Debt | 5-Year Term Loan due April 2020
Debt Instrument [Line Items]
Principal Amount			$ 450,000	450,000
Deferred Financing Costs, net			$ (3,243)	(3,513)
Unsecured Debt | 5-Year Term Loan due April 2020 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.30%
Unsecured Debt | 5-Year Term Loan due April 2020 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			2.20%
Unsecured Debt | 5-Year Term Loan due November 2020
Debt Instrument [Line Items]
Principal Amount			$ 175,000	175,000
Deferred Financing Costs, net			$ (697)	(745)
Unsecured Debt | 5-Year Term Loan due November 2020 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.30%
Unsecured Debt | 5-Year Term Loan due November 2020 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			2.20%
Unsecured Debt | 7-Year Term Loan due April 2022
Debt Instrument [Line Items]
Principal Amount			$ 350,000	350,000
Deferred Financing Costs, net			$ (2,157)	(2,265)
Unsecured Debt | 7-Year Term Loan due April 2022 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.60%
Unsecured Debt | 7-Year Term Loan due April 2022 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			2.55%
Unsecured Debt | 7-Year Term Loan due November 2022
Debt Instrument [Line Items]
Principal Amount			$ 125,000	125,000
Deferred Financing Costs, net			$ (892)	(931)
Unsecured Debt | 7-Year Term Loan due November 2022 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.60%
Unsecured Debt | 7-Year Term Loan due November 2022 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			2.55%
Unsecured Debt | Series A Notes
Debt Instrument [Line Items]
Principal Amount			$ 110,000	110,000
Deferred Financing Costs, net			$ (891)	(930)
Interest Rate (as a percent)			4.34%
Unsecured Debt | Series E Notes
Debt Instrument [Line Items]
Principal Amount			$ 50,000	50,000
Deferred Financing Costs, net			$ (289)	(300)
Interest Rate (as a percent)			3.66%
Unsecured Debt | Series B Notes
Debt Instrument [Line Items]
Principal Amount			$ 259,000	259,000
Deferred Financing Costs, net			$ (2,207)	(2,271)
Interest Rate (as a percent)			4.69%
Unsecured Debt | Series D Notes
Debt Instrument [Line Items]
Principal Amount			$ 150,000	150,000
Deferred Financing Costs, net			$ (874)	(898)
Interest Rate (as a percent)			3.98%
Unsecured Debt | Series C Notes
Debt Instrument [Line Items]
Principal Amount			$ 56,000	56,000
Deferred Financing Costs, net			$ (527)	(539)
Interest Rate (as a percent)			4.79%
Secured Debt
Debt Instrument [Line Items]
Principal Amount			$ 682,196	682,839
Deferred Financing Costs, net			(7,031)	(7,437)
Secured Debt | Rincon Center
Debt Instrument [Line Items]
Principal Amount			99,897	100,409
Deferred Financing Costs, net			$ (158)	(198)
Interest Rate (as a percent)			5.13%
Secured Debt | Sunset Gower/Sunset Bronson
Debt Instrument [Line Items]
Principal Amount			$ 5,001	5,001
Deferred Financing Costs, net			$ (1,357)	(1,534)
Secured Debt | Sunset Gower/Sunset Bronson | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			2.25%
Secured Debt | Met Park North
Debt Instrument [Line Items]
Principal Amount			$ 64,500	64,500
Deferred Financing Costs, net			$ (370)	(398)
Secured Debt | Met Park North | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.15%
Secured Debt | 10950 Washington
Debt Instrument [Line Items]
Principal Amount			$ 27,798	27,929
Deferred Financing Costs, net			$ (337)	(354)
Interest Rate (as a percent)			5.32%
Secured Debt | Pinnacle I
Debt Instrument [Line Items]
Principal Amount			$ 129,000	129,000
Deferred Financing Costs, net			$ (567)	(593)
Interest Rate (as a percent)			3.95%
Secured Debt | Element LA
Debt Instrument [Line Items]
Principal Amount			$ 168,000	168,000
Deferred Financing Costs, net			$ (2,256)	(2,321)
Interest Rate (as a percent)			4.59%
Secured Debt | Pinnacle II
Debt Instrument [Line Items]
Principal Amount			$ 87,000	87,000
Deferred Financing Costs, net			$ (701)	(720)
Interest Rate (as a percent)			4.30%
Secured Debt | Hill7
Debt Instrument [Line Items]
Principal Amount			$ 101,000	101,000
Deferred Financing Costs, net			$ (1,285)	$ (1,319)
Interest Rate (as a percent)			3.38%

Notes Payable, Net - Schedule o

Notes Payable, Net - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Remaining 2,017	$ 2,071
2,018	101,157
2,019	7,886
2,020	692,493
2,021	3,142
Thereafter	1,600,447
Total	$ 2,407,196	$ 2,707,839

Notes Payable, Net - Narrative

Notes Payable, Net - Narrative (Details)	May 03, 2016USD ($)	Apr. 01, 2015USD ($)derivative	Jul. 31, 2013USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jul. 31, 2016USD ($)derivative	Jun. 01, 2016	May 01, 2015
Debt Instrument [Line Items]
Duration used in interest rate calculation (in days)				360 days
Notes payable				$ 2,407,196,000	$ 2,707,839,000
Joint Venture That Owns Pinnacle I and II
Debt Instrument [Line Items]
Real estate property, ownership (as a percent)				65.00%
Joint Venture With The Canadian Pension Plan Investment Board
Debt Instrument [Line Items]
Debt instrument, extension period (in years)				2 years
Real estate property, ownership (as a percent)				55.00%
Interest Rate Contract
Debt Instrument [Line Items]
Notional amount		$ 300,000,000				$ 300,000,000
Number of derivative instruments held (in derivatives) | derivative		2				2
7-Year Term Loan due November 2022 | Interest Rate Contract
Debt Instrument [Line Items]
Notional amount	$ 125,000,000
Rincon Center And 10950 Washington
Debt Instrument [Line Items]
Service payment term (in years)				30 years
Met Park North
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)				3.71%
Debt instrument, term (in years)			7 years
Notes payable			$ 64,500,000
Met Park North | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.55%
Pinnacle I
Debt Instrument [Line Items]
Service payment term (in years)				30 years
Debt instrument, term (in years)				5 years
A & R Credit Facilities | Hudson Pacific Partners L.P.
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 2,000,000,000
Maximum leverage ratio				0.60
Maximum unencumbered leverage ratio				0.60
Minimum fixed charge coverage ratio				1.50
Minimum unsecured interest coverage ratio				2
Sunset Gower/Sunset Bronson
Debt Instrument [Line Items]
Principal amount guaranteed (as a percent)				19.50%
Maximum exposure for guarantee				$ 1,000,000
Line of Credit | Hudson Pacific Partners L.P. | Revolving Credit Facility 2014
Debt Instrument [Line Items]
Debt instrument, extension period (in years)		1 year
Maximum borrowing capacity				400,000,000
Line of Credit | Credit Facility 2015 | Hudson Pacific Partners L.P. | Minimum
Debt Instrument [Line Items]
Credit facility, facility fee (as a percent)		0.20%
Line of Credit | Credit Facility 2015 | Hudson Pacific Partners L.P. | Maximum
Debt Instrument [Line Items]
Credit facility, facility fee (as a percent)		0.35%
Unsecured Debt
Debt Instrument [Line Items]
Notes payable				$ 1,725,000,000	2,025,000,000
Unsecured Debt | Revolving Credit Facility 2014
Debt Instrument [Line Items]
Debt instrument, extension period (in years)				1 year
Notes payable				$ 0	300,000,000
Unsecured Debt | Revolving Credit Facility 2014 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.15%		1.15%
Unsecured Debt | Revolving Credit Facility 2014 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.85%		1.85%
Unsecured Debt | 5 Year Term Loan Facility 2015
Debt Instrument [Line Items]
Debt instrument, term (in years)		5 years
Unsecured Debt | 5 Year Term Loan Facility 2015 | LIBOR | Minimum
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)						2.75%		2.66%
Unsecured Debt | 5 Year Term Loan Facility 2015 | LIBOR | Maximum
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)						3.65%		3.56%
Unsecured Debt | 7 Year Term Loan Facility 2015
Debt Instrument [Line Items]
Number of derivative instruments held (in derivatives) | derivative						2
Debt instrument, term (in years)		7 years
Unsecured Debt | 7 Year Term Loan Facility 2015 | LIBOR | Minimum
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)						3.36%		3.21%
Unsecured Debt | 7 Year Term Loan Facility 2015 | LIBOR | Maximum
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)						4.31%		4.16%
Unsecured Debt | 5-Year Term Loan due November 2020
Debt Instrument [Line Items]
Notes payable				$ 175,000,000	175,000,000
Unsecured Debt | 5-Year Term Loan due November 2020 | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)				1.30%
Unsecured Debt | 5-Year Term Loan due November 2020 | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)				2.20%
Unsecured Debt | 5-Year Term Loan due November 2020 | Hudson Pacific Partners L.P.
Debt Instrument [Line Items]
Debt instrument, term (in years)		5 years
Unsecured Debt | 5-Year Term Loan due November 2020 | Hudson Pacific Partners L.P. | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.30%
Unsecured Debt | 5-Year Term Loan due November 2020 | Hudson Pacific Partners L.P. | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		2.20%
Unsecured Debt | 7-Year Term Loan due November 2022
Debt Instrument [Line Items]
Debt instrument, term (in years)	7 years
Notes payable				$ 125,000,000	125,000,000
Unsecured Debt | 7-Year Term Loan due November 2022 | LIBOR | Minimum
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)							3.03%
Basis spread on variable rate (as a percent)				1.60%
Unsecured Debt | 7-Year Term Loan due November 2022 | LIBOR | Maximum
Debt Instrument [Line Items]
Adjusted interest rate (as a percent)							3.98%
Basis spread on variable rate (as a percent)				2.55%
Unsecured Debt | 7-Year Term Loan due November 2022 | Hudson Pacific Partners L.P.
Debt Instrument [Line Items]
Debt instrument, term (in years)		7 years
Unsecured Debt | 7-Year Term Loan due November 2022 | Hudson Pacific Partners L.P. | LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.60%
Unsecured Debt | 7-Year Term Loan due November 2022 | Hudson Pacific Partners L.P. | LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		2.55%
Unsecured Debt | Senior Notes | Hudson Pacific Partners L.P.
Debt Instrument [Line Items]
Maximum secured indebtedness leverage ratio				0.45
Secured Debt
Debt Instrument [Line Items]
Notes payable				$ 682,196,000	682,839,000
Secured Debt | Met Park North
Debt Instrument [Line Items]
Notes payable				$ 64,500,000	64,500,000
Secured Debt | Met Park North | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)				1.15%
Secured Debt | Pinnacle I
Debt Instrument [Line Items]
Notes payable				$ 129,000,000	129,000,000
Secured Debt | Sunset Gower/Sunset Bronson
Debt Instrument [Line Items]
Debt instrument, extension period (in years)				1 year
Notes payable				$ 5,001,000	$ 5,001,000
Secured Debt | Sunset Gower/Sunset Bronson | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)				2.25%

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details)	May 03, 2016USD ($)	Apr. 01, 2015USD ($)derivative	Jul. 31, 2013USD ($)	Mar. 31, 2017USD ($)derivative	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)derivative	Jul. 31, 2016USD ($)derivative	Jun. 01, 2016	May 01, 2015
Derivative
Notes payable				$ 2,407,196,000		$ 2,707,839,000
Derivative assets				8,558,000		5,935,000
Derivative liabilities				967,000		1,303,000
Cash flow hedge adjustment				3,000,000
Level 2
Derivative
Derivative assets				8,558,000		5,935,000
Derivative liabilities				967,000		1,303,000
Unsecured Debt
Derivative
Notes payable				1,725,000,000		2,025,000,000
5 Year Term Loan Facility 2015 | Unsecured Debt
Derivative
Debt instrument, term (in years)		5 years
5 Year Term Loan Facility 2015 | Unsecured Debt | LIBOR | Minimum
Derivative
Adjusted interest rate (as a percent)							2.75%		2.66%
5 Year Term Loan Facility 2015 | Unsecured Debt | LIBOR | Maximum
Derivative
Adjusted interest rate (as a percent)							3.65%		3.56%
New Credit Agreement - Term Loan | Unsecured Debt | LIBOR | Minimum
Derivative
Basis spread on variable rate (as a percent)		1.30%
New Credit Agreement - Term Loan | Unsecured Debt | LIBOR | Maximum
Derivative
Basis spread on variable rate (as a percent)		2.20%
7 Year Term Loan Facility 2015 | Unsecured Debt
Derivative
Number of derivative instruments held (in derivatives) | derivative							2
Debt instrument, term (in years)		7 years
Face amount		$ 350,000,000
7 Year Term Loan Facility 2015 | Unsecured Debt | LIBOR | Minimum
Derivative
Adjusted interest rate (as a percent)							3.36%		3.21%
7 Year Term Loan Facility 2015 | Unsecured Debt | LIBOR | Maximum
Derivative
Adjusted interest rate (as a percent)							4.31%		4.16%
7-Year Term Loan due November 2022 | Unsecured Debt
Derivative
Debt instrument, term (in years)	7 years
Notes payable				$ 125,000,000		$ 125,000,000
7-Year Term Loan due November 2022 | Unsecured Debt | LIBOR | Minimum
Derivative
Adjusted interest rate (as a percent)								3.03%
Basis spread on variable rate (as a percent)				1.60%
7-Year Term Loan due November 2022 | Unsecured Debt | LIBOR | Maximum
Derivative
Adjusted interest rate (as a percent)								3.98%
Basis spread on variable rate (as a percent)				2.55%
Met Park North
Derivative
Debt instrument, term (in years)			7 years
Adjusted interest rate (as a percent)				3.71%
Notes payable			$ 64,500,000
Met Park North | LIBOR
Derivative
Basis spread on variable rate (as a percent)			1.55%
Interest Rate Contract
Derivative
Number of derivative instruments held (in derivatives) | derivative		2					2
Notional amount		$ 300,000,000					$ 300,000,000
Interest Rate Contract | 5 Year Term Loan Facility 2015
Derivative
Fixed interest rate (as a percent)									1.36%
Interest Rate Contract | 7 Year Term Loan Facility 2015
Derivative
Fixed interest rate (as a percent)									1.61%
Unrealized gain on ineffective portion of derivative instruments				$ 6,000
Unrealized loss on ineffective portion of derivative instruments					$ 2,100,000
Interest Rate Contract | 7-Year Term Loan due November 2022
Derivative
Notional amount	$ 125,000,000
Fixed interest rate (as a percent)	1.43%
Interest Rate Contract | Met Park North | LIBOR
Derivative
Interest rate cap (as a percent)			2.16%
Interest Rate Contract, Instrument A | 5 Year Term Loan Facility 2015
Derivative
Notional amount of interest rate cash flow hedge derivatives		$ 150,000,000
Interest Rate Swap | 7 Year Term Loan Facility 2015 | Unsecured Debt
Derivative
Number of derivative instruments held (in derivatives) | derivative		2
Interest Rate Floor | 7-Year Term Loan due November 2022 | LIBOR
Derivative
Derivative, interest rate floor (as a percent)	0.00%
Designated as Hedging Instrument | LIBOR
Derivative
Derivative, interest rate floor (as a percent)							0.00%
Designated as Hedging Instrument | Interest Rate Cap
Derivative
Number of derivative instruments held (in derivatives) | derivative				6		6
Notional amount of interest rate cash flow hedge derivatives				$ 839,500,000		$ 839,500,000

Future Minimum Base Rents and53

Future Minimum Base Rents and Lease Payments Future Minimum Rents - Schedule of Future Minimum Rental Payments for Operating Leases (Details) $ in Thousands	Mar. 31, 2017USD ($)
Operating Leased Assets [Line Items]
Remaining 2,017	$ 366,179
2,018	480,987
2,019	444,625
2,020	360,996
2,021	313,034
Thereafter	1,023,187
Total	2,989,008
Noncancellable
Operating Leased Assets [Line Items]
Remaining 2,017	365,799
2,018	457,963
2,019	415,324
2,020	340,628
2,021	284,972
Thereafter	884,701
Total	2,749,387
Subject to Early Termination Options
Operating Leased Assets [Line Items]
Remaining 2,017	380
2,018	23,024
2,019	29,301
2,020	20,368
2,021	28,062
Thereafter	138,486
Total	$ 239,621

Future Minimum Base Rents and54

Future Minimum Base Rents and Lease Payments Future Minimum Rents - Schedule of Ground Leases (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 27, 2016
11601 Wilshire
Operating Leased Assets [Line Items]
Agreement to purchase outstanding interest in land		$ 50,000,000
Ground Lease | 11601 Wilshire
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	5 years
Minimum annual rent calculation, annual increase	$ 50,000
Ground Lease | 3400 Hillview
Operating Leased Assets [Line Items]
Minimum annual rent calculation, percent of fair market value (as a percent)	10.00%
Percentage annual rent calculation, percent of AGI less minimum annual rent (as a percent)	24.125%
Minimum annual rent calculation, percent of CPI, next five years (as a percent)	75.00%
Minimum annual rent calculation, percent of CPI, thereafter (as a percent)	75.00%
Minimum annual rent calculation, cumulative increases in consumer price index	$ 1,000,000
Ground Lease | 9300 Wilshire
Operating Leased Assets [Line Items]
Minimum annual rent calculation, percent of increase (as a percent)	6.00%
Ground Lease | Clocktower Square
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	10 years
Percentage annual rent calculation, percent of AGI less minimum annual rent (as a percent)	25.00%
Ground Lease | Del Amo Office
Operating Leased Assets [Line Items]
Lease rent expense	$ 1
Ground Lease | Foothill Research Center
Operating Leased Assets [Line Items]
Minimum annual rent calculation, percent of fair market value (as a percent)	10.00%
Percentage annual rent calculation, percent of AGI less minimum annual rent (as a percent)	24.125%
Minimum annual rent calculation, percent of CPI (as a percent)	75.00%
Ground Lease | Lockheed
Operating Leased Assets [Line Items]
Minimum annual rent calculation, percent of fair market value (as a percent)	10.00%
Percentage annual rent calculation, percent of AGI less minimum annual rent (as a percent)	24.125%
Minimum annual rent calculation, percent of CPI (as a percent)	75.00%
Ground Lease | Metro Center
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	10 years
Minimum annual rent calculation, percent of fair market value (as a percent)	7.233%
Ground Lease | Page Mill Center
Operating Leased Assets [Line Items]
Percentage annual rent calculation, percent of AGI less minimum annual rent (as a percent)	25.00%
Ground Lease | Page Mill Hill
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	10 years
Minimum annual rent calculation, percent of annual rent (as a percent)	60.00%
Ground Lease | Palo Alto Square
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	10 years
Percentage annual rent calculation, percent of AGI less minimum annual rent (as a percent)	25.00%
Ground Lease | Sunset Gower Studios
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	7 years
Minimum annual rent calculation, percent of fair market value (as a percent)	7.50%
Ground Lease | Techmart Commerce Center
Operating Leased Assets [Line Items]
Frequency of rent adjustments (in years)	5 years
Minimum annual rent calculation, percent of increase (as a percent)	10.00%

Future Minimum Base Rents and55

Future Minimum Base Rents and Lease Payments Future Minimum Rents - Schedule of Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Future Minimum Base Rents and Lease Payments Future Minimum Rents [Abstract]
Contingent rental expense	$ 2,184	$ 2,337
Minimum rental expense	3,196	$ 3,497
Ground Lease
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Remaining 2,017	9,837
2,018	14,613
2,019	14,663
2,020	14,663
2,021	14,684
Thereafter	429,386
Total	$ 497,846

Fair Value of Financial Instr56

Fair Value of Financial Instruments - Fair Value, Recurring and Nonrecurring (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Derivative assets	$ 8,558	$ 5,935
Derivative liabilities	967	1,303
Notes payable	2,381,057	2,681,134
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Notes payable	2,407,196	2,707,839
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Derivative assets	0	0
Derivative liabilities	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Derivative assets	8,558	5,935
Derivative liabilities	967	1,303
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Derivative assets	0	0
Derivative liabilities	$ 0	$ 0

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($)	1 Months Ended	3 Months Ended
	Dec. 31, 2015	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance period (in years)		3 years
Vesting percentage after initial performance period (in years)		50.00%
Risk-free rate (as a percent)		1.47%
Dividend yield (as a percent)		2.30%
The Company
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility rate (as a percent)		24.00%
SNL Equity REIT Index
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility rate (as a percent)		17.00%
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		2 years
Existing and Newly Elected Board Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		3 years
Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		3 years
Employees | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)	4 years
One-Time Retention Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights (as a percent)	25.00%	25.00%
Outperformance Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum bonus pool		$ 20,000,000
Mandatory holding period (in years)		2 years
Outperformance Program | Additional paid-in capital and non-controlling interest—units in the operating partnership
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 4,101,000	$ 3,424,000
Outperformance Program | General and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		3,902,000	3,342,000
Outperformance Program | Deferred leasing costs and lease intangibles, net and tenant improvements
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 199,000	$ 82,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income	$ 24,153	$ 5,976
Net income attributable to preferred units	(159)	(159)
Net income attributable to participating securities	(240)	(197)
Net income attributable to non-controlling interest in consolidated entities	(3,037)	(1,945)
Income attributable to non-controlling units of the operating partnership	(202)	(1,422)
Net income (loss) attributable to common stockholders	20,515	2,253
Effect of dilutive instruments	149	0
Diluted net income available to common stockholders	$ 20,664	$ 2,253
Basic weighted average common shares outstanding (in shares)	147,950,594	89,190,803
Effect of dilutive instruments (in shares)	1,999,752	407,000
Diluted weighted average common shares outstanding (in shares)	149,950,346	89,597,803
Basic earnings per common share (in dollars per share)	$ 0.14	$ 0.03
Diluted earnings per common share (in dollars per share)	$ 0.14	$ 0.03

Equity - Schedule of Other Comp

Equity - Schedule of Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	$ 3,702,750	$ 3,729,037	$ 3,729,037
Comprehensive income (loss)	27,017	$ (9,499)
Reclassification related to redemption of common units in the operating partnership	(310,855)		(1,446,039)
Ending Balance	4,026,200		3,702,750
Total Equity
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	5,878
Unrealized gain recognized in OCI due to change in fair value	1,159
Loss reclassified from OCI into income (as interest expense)	1,705
Comprehensive income (loss)	2,864
Reclassification related to redemption of common units in the operating partnership	0
Ending Balance	8,742		5,878
Hudson Pacific Properties, Inc. Stockholders’ Equity
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	9,496
Unrealized gain recognized in OCI due to change in fair value	1,148
Loss reclassified from OCI into income (as interest expense)	1,688
Comprehensive income (loss)	2,836
Reclassification related to redemption of common units in the operating partnership	(3,622)
Ending Balance	8,710		9,496
Non-controlling Interest—Units in the Operating Partnership
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	(3,618)
Unrealized gain recognized in OCI due to change in fair value	11
Loss reclassified from OCI into income (as interest expense)	17
Comprehensive income (loss)	28
Reclassification related to redemption of common units in the operating partnership	3,622
Ending Balance	$ 32		$ (3,618)

Equity - Narrative (Details)

Equity - Narrative (Details)	Mar. 03, 2017USD ($)shares	Jan. 10, 2017USD ($)shares	Oct. 31, 2016USD ($)	Jan. 31, 2015USD ($)	Mar. 31, 2017USD ($)ft²building$ / sharesshares	Mar. 31, 2016USD ($)$ / shares	Dec. 31, 2016shares	Jan. 20, 2016USD ($)	Jun. 30, 2013	Jun. 13, 2013
Class of Stock [Line Items]
Shares issued during period (in shares) | shares		18,673,808
Area of real estate property (in square feet) | ft²					199,484
Proceeds from issuance of common stock, net					$ 647,675,000	$ 0
Stock repurchase program authorized								$ 100,000,000
Common dividends declared (in usd per share) | $ / shares					$ 0.25	$ 0.200
At-the-Market
Class of Stock [Line Items]
Maximum shares authorized, value					$ 125,000,000
Proceeds from issuance of common stock, net					$ 20,100,000
Unsecured Debt | Revolving Credit Facility 2014
Class of Stock [Line Items]
Unsecured revolving credit facility outstanding	$ 255,000,000
Common Stock/Units
Class of Stock [Line Items]
Shares issued during period (in shares) | shares					18,656,575		47,010,695
6.25% series A cumulative redeemable preferred units of the Operating Partnership
Class of Stock [Line Items]
Interest rate of preferred stock (as a percent)					6.25%
Shares outstanding of preferred stock (in shares) | shares					407,066
Liquidation preference of preferred stock (dollars per share) | $ / shares					$ 25
Preferred dividends declared (dollars per share) | $ / shares					$ 0.3906
Hill7 Office Development
Class of Stock [Line Items]
Real estate property, ownership (as a percent)			55.00%
Pinnacle JV
Class of Stock [Line Items]
Number of buildings in property (in buildings) | building					2
Area of real estate property (in square feet) | ft²					625,640
Ownership interest in property (as a percent)									65.00%	98.25%
Canada Pension Plan Investment Board
Class of Stock [Line Items]
Ownership interest in property (as a percent)				45.00%
Hill7 Office Development
Class of Stock [Line Items]
Total consideration			$ 179,800,000
Performance units
Class of Stock [Line Items]
Conversion ratio					1
Hudson Pacific Properties, Inc.
Class of Stock [Line Items]
Shares issued during period (in shares) | shares	9,775,000	8,881,575
Proceeds from issuance of common stock, net		$ 310,900,000
Canada Pension Plan Investment Board | 1455 Market Street
Class of Stock [Line Items]
Ownership interest in property (as a percent)					55.00%
Total consideration				$ 219,200,000
Common Stock/Units
Class of Stock [Line Items]
Common units held by noncontrolling interests (in shares) | shares					569,045		9,450,620
Common dividends declared (in usd per share) | $ / shares					$ 0.025

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) $ in Thousands	Mar. 03, 2017shares	Jan. 10, 2017USD ($)shares	Jul. 01, 2016USD ($)ft²	Dec. 16, 2015ft²	Apr. 01, 2015USD ($)ft²projectpropertydirectorshares	Mar. 31, 2017USD ($)ft²property	Mar. 31, 2016USD ($)	Sep. 01, 2015ft²
Related Party Transaction [Line Items]
Area of real estate property (in square feet) | ft²						199,484
Number of real estate properties acquired (in properties) | property						0
Shares issued during period (in shares) | shares		18,673,808
Proceeds from issuance of common stock, net						$ 647,675	$ 0
Common units redeemed (in shares) | shares		8,881,575
EOP Northern California Portfolio
Related Party Transaction [Line Items]
Area of real estate property (in square feet) | ft²					8,200,000
Gross payments to acquire business					$ 1,750,000
Consideration transferred, common units (in shares) | shares					63,474,791
EOP Northern California Portfolio | Office Building
Related Party Transaction [Line Items]
Number of real estate properties acquired (in properties) | property					26
EOP Northern California Portfolio | Development Parcel
Related Party Transaction [Line Items]
Number of development projects acquired (in projects) | project					2
Hudson Pacific Properties, Inc.
Related Party Transaction [Line Items]
Shares issued during period (in shares) | shares	9,775,000	8,881,575
Proceeds from issuance of common stock, net		$ 310,900
Blackstone Real Estate Partners
Related Party Transaction [Line Items]
Number of director nominees to the board (in directors) | director					3
Blackstone And Farallon Funds
Related Party Transaction [Line Items]
Shares issued during period (in shares) | shares		9,792,233
Proceeds from issuance of common stock, net		$ 342,700
11601 Wilshire Boulevard Office Building
Related Party Transaction [Line Items]
Operating leases, term of contract (in years)			8 years
Total consideration			$ 311,000
Area of leased property (in square feet) | ft²			6,638
Annual rent cost per year			$ 279
Blackstone Real Estate Partners
Related Party Transaction [Line Items]
Area of real estate property (in square feet) | ft²				42,371				40,120
Operating leases, renewal term (in years)				3 years
Operating leases, term of contract (in years)				10 years

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)tenant
Unsecured Debt | Revolving Credit Facility
Loss Contingencies
Letters of credit, amount outstanding | $	$ 2.6
Rentable Square Feet | Customer Concentration Risk
Loss Contingencies
Concentration risk (as a percent)	23.40%
Number of tenants (in tenants) | tenant	15
Rentable Square Feet | Customer Concentration Risk | Media And Entertainment Sector
Loss Contingencies
Concentration risk (as a percent)	15.80%
Rentable Square Feet | Customer Concentration Risk | Technology Sector
Loss Contingencies
Concentration risk (as a percent)	28.50%

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	May 01, 2017USD ($)ft²	Apr. 30, 2017USD ($)	Mar. 31, 2017ft²
Subsequent Event [Line Items]
Area of real estate property (in square feet) | ft²			199,484
Subsequent Event | Revolving Credit Facility
Subsequent Event [Line Items]
Proceeds from unsecured revolving credit facility | $		$ 150
Sunset Las Palmas Studios | Subsequent Event
Subsequent Event [Line Items]
Area of real estate property (in square feet) | ft²	369,000
Total consideration | $	$ 200