Hudson Pacific Properties (HPP) 10-K 16 Feb 24 2023 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Feb. 09, 2024	Jun. 30, 2023
Entity Information
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-34789
Entity Registrant Name	Hudson Pacific Properties, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	27-1430478
Entity Address, Address Line One	11601 Wilshire Blvd., Ninth Floor
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90025
City Area Code	310
Local Phone Number	445-5700
Title of each class	Common Stock, $0.01 par value
Trading Symbol(s)	HPP
Name of each exchange on which registered	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 583.1
Entity Common Stock, Shares Outstanding		141,110,002
Documents Incorporated by Reference	Portions of the proxy statement for the registrant’s 2024 Annual Meeting of Stockholders to be held May 16, 2024 are incorporated by reference in Part III of this Annual Report on Form 10-K. The proxy statement will be filed by the registrant with the United States Securities and Exchange Commission, or the SEC, not later than 120 days after the end of the registrant’s fiscal year.
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Central Index Key	0001482512
Hudson Pacific Partners, L.P.
Entity Information
Entity File Number	333-202799-01
Entity Registrant Name	Hudson Pacific Properties, L.P.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	80-0579682
Title of each class	4.750% Series C Cumulative Redeemable Preferred Stock
Trading Symbol(s)	HPP Pr C
Name of each exchange on which registered	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Central Index Key	0001496264

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor
Auditor Name	Ernst & Young LLP
Auditor Firm ID	42
Auditor Location	Los Angeles, California
Hudson Pacific Partners, L.P.
Auditor
Auditor Name	Ernst & Young LLP
Auditor Firm ID	42
Auditor Location	Los Angeles, California

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Investment in real estate, at cost	$ 8,212,896	$ 8,716,572
Accumulated depreciation and amortization	(1,728,437)	(1,541,271)
Investment in real estate, net	6,484,459	7,175,301
Non-real estate property, plant and equipment, net	118,783	130,289
Cash and cash equivalents	100,391	255,761
Restricted cash	18,765	29,970
Accounts receivable, net	24,609	16,820
Straight-line rent receivables, net	220,787	279,910
Deferred leasing costs and intangible assets, net	326,950	393,842
Operating lease right-of-use assets	376,306	401,051
Prepaid expenses and other assets, net	94,145	98,837
Investment in unconsolidated real estate entities	252,711	180,572
Goodwill	264,144	263,549
Assets associated with real estate held for sale	0	93,238
TOTAL ASSETS	8,282,050	9,319,140
Liabilities
Accounts payable, accrued liabilities and other	203,736	264,098
Operating lease liabilities	389,210	399,801
Intangible liabilities, net	27,751	34,091
Security deposits, prepaid rent and other	88,734	83,797
Liabilities associated with real estate held for sale	0	665
Total liabilities	4,720,881	5,434,450
Commitments and contingencies (Note 19)
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	57,182	125,044
Hudson Pacific Properties, Inc. stockholders’ equity:
Common stock, $0.01 par value, 481,600,000 authorized, 141,034,806 and 141,054,478 shares outstanding at December 31, 2023 and 2022, respectively	1,403	1,409
Additional paid-in capital	2,651,798	2,889,967
Accumulated other comprehensive loss	(187)	(11,272)
Total Hudson Pacific Properties, Inc. stockholders’ equity	3,078,014	3,305,104
Total equity	3,494,172	3,749,831
TOTAL LIABILITIES AND CAPITAL	8,282,050	9,319,140
Non-controlling interest—members in consolidated real estate entities
Hudson Pacific Properties, Inc. stockholders’ equity:
Non-controlling interest	335,439	377,756
Non-controlling interest—units in the operating partnership
Hudson Pacific Properties, Inc. stockholders’ equity:
Non-controlling interest	80,719	66,971
4.750% Series C Cumulative Redeemable Preferred Stock
Hudson Pacific Properties, Inc. stockholders’ equity:
4.750% Series C cumulative redeemable preferred stock, $0.01 par value, $25.00 per share liquidation preference, 18,400,000 authorized, 17,000,000 shares outstanding at December 31, 2023 and 2022	425,000	425,000
Unsecured and secured debt, net
Liabilities
Debt, net	3,945,314	4,585,862
Joint venture partner debt
Liabilities
Debt, net	$ 66,136	$ 66,136

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Interest rate of preferred stock	6.25%
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	481,600,000	481,600,000
Common stock/units, outstanding (in shares)	141,034,806	141,054,478
4.750% Series C Cumulative Redeemable Preferred Stock
Interest rate of preferred stock	4.75%	4.75%
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, authorized (in shares)	18,400,000	18,400,000
Preferred stock, outstanding (in shares)	17,000,000	17,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]	Service And Other Revenue [Member]	Service And Other Revenue [Member]	Service And Other Revenue [Member]
Cost, Product and Service [Extensible Enumeration]	Service And Other Revenue [Member]	Service And Other Revenue [Member]	Service And Other Revenue [Member]
Revenues	$ 952,297	$ 1,026,224	$ 896,835
OPERATING EXPENSES
Operating expenses	450,465	413,818	335,847
General and administrative	74,958	79,501	71,346
Depreciation and amortization	397,846	373,219	343,614
Total operating expenses	923,269	866,538	750,807
OTHER INCOME (EXPENSES)
(Loss) income from unconsolidated real estate entities	(3,902)	943	1,822
Fee income	6,181	7,972	3,221
Interest expense	(214,415)	(149,901)	(121,939)
Interest income	2,182	2,340	3,794
Management services reimbursement income—unconsolidated real estate entities	4,125	4,163	1,132
Management services expense—unconsolidated real estate entities	(4,125)	(4,163)	(1,132)
Transaction-related expenses	1,150	(14,356)	(8,911)
(Gain) loss on sale of real estate	103,202	(2,164)	0
Unrealized (loss) gain on non-real estate investments	(3,120)	(1,440)	16,571
Impairment loss	(60,158)	(28,548)	(2,762)
Gain (loss) on extinguishment of debt	10,000	0	(6,259)
Other (expense) income	(6)	8,951	(2,553)
Loss on sale of bonds	(34,046)	0	0
Total other expenses	(192,932)	(176,203)	(117,016)
(Loss) income before income tax provision	(163,904)	(16,517)	29,012
Income tax provision	(6,796)	0	0
NET (LOSS) INCOME	(170,700)	(16,517)	29,012
Net income attributable to participating securities	(850)	(1,194)	(1,090)
Net loss (income) attributable to non-controlling interest in consolidated real estate entities	9,331	(23,418)	(21,806)
Net (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities	(12,520)	4,964	2,902
Net loss (income) attributable to common units in the operating partnership	3,358	709	(61)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (192,181)	$ (56,499)	$ 6,064
BASIC AND DILUTED PER SHARE AMOUNTS
Net (loss) income attributable to common stockholders—basic (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Net (loss) income attributable to common stockholders—diluted (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Weighted average shares of common stock outstanding—basic (in shares)	140,953,088	143,732,433	151,618,282
Weighted average shares of common stock outstanding—diluted (in shares)	140,953,088	143,732,433	151,943,360
Series A preferred units
OTHER INCOME (EXPENSES)
Net income attributable to preferred units/share	$ (612)	$ (612)	$ (612)
Series C preferred stock
OTHER INCOME (EXPENSES)
Net income attributable to preferred units/share	(20,188)	(20,431)	(2,281)
Office
REVENUES
Rental	797,095	834,408	782,736
Service and other revenues	15,280	18,292	12,634
Revenues	812,375	852,700	795,370
OPERATING EXPENSES
Operating expenses	312,018	308,668	280,334
Studio
REVENUES
Rental	59,276	59,672	49,985
Service and other revenues	80,646	113,852	51,480
Revenues	139,922	173,524	101,465
OPERATING EXPENSES
Operating expenses	$ 138,447	$ 105,150	$ 55,513

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net (loss) income	$ (170,700)	$ (16,517)	$ 29,012
Currency translation adjustments	6,325	(12,375)	(1,064)
Net unrealized gains (losses) on derivative instruments:
Unrealized gains	9,214	621	171
Reclassification adjustment for realized (gains) losses	(4,634)	2,097	7,360
Total net gains on derivative instruments:	4,580	2,718	7,531
Total other comprehensive income (loss)	10,905	(9,657)	6,467
Comprehensive (loss) income	(159,795)	(26,174)	35,479
Comprehensive income attributable to participating securities	(850)	(1,194)	(1,090)
Comprehensive loss (income) attributable to non-controlling interest in consolidated real estate entities	9,824	(23,442)	(21,806)
Comprehensive (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities	(12,520)	4,964	2,902
Comprehensive loss (income) attributable to non-controlling interest in the operating partnership	3,045	879	(156)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(181,096)	(66,010)	12,436
Series A preferred units
Net unrealized gains (losses) on derivative instruments:
Comprehensive income attributable to preferred units/stock	(612)	(612)	(612)
Series C preferred stock
Net unrealized gains (losses) on derivative instruments:
Comprehensive income attributable to preferred units/stock	$ (20,188)	$ (20,431)	$ (2,281)

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Series C preferred stock	Series C Cumulative Redeemable Preferred Stock	Series C Cumulative Redeemable Preferred Stock Series C preferred stock	Common Stock	Additional Paid-in Capital	Additional Paid-in Capital Series C preferred stock	(Accumulated Deficit) Retained Earnings	Accumulated Other Comprehensive Loss	Units in the Operating Partnership	Members in Consolidated Real Estate Entities
Beginning balance at Dec. 31, 2020	$ 3,967,980		$ 0		$ 1,514	$ 3,469,758		$ 0	$ (8,133)	$ 37,832	$ 467,009
Beginning balance (in shares) at Dec. 31, 2020					151,401,365
Increase (Decrease) in Stockholders' Equity
Contributions	24,718										24,718
Distributions	(110,562)										(110,562)
Proceeds from sale of stock, net of underwriters’ discount and transaction costs (in shares)					1,526,163
Proceeds from sale of stock, net of underwriters discount and transaction costs	44,820	$ 413,007		$ 425,000	$ 15	44,805	$ (11,993)
Transaction costs	(243)					(243)
Issuance of unrestricted stock (in shares)					222,781
Issuance of unrestricted stock	0				$ 2	(2)
Shares withheld to satisfy tax withholding obligations (in shares)					(90,843)
Shares withheld to satisfy tax withholding obligations	$ (2,206)				$ (1)	(2,205)
Repurchase of common stock (in shares)	(1,900,000)				(1,934,923)
Repurchase of common stock	$ (46,137)				$ (19)	(46,118)
Declared dividend	(156,841)		(2,281)			(145,158)		(7,154)		(2,248)
Amortization of stock-based compensation	24,687					8,228				16,459
Net income (loss)	31,302		2,281					7,154		61	21,806
Other comprehensive income (loss)	6,467								6,372	95
Ending balance at Dec. 31, 2021	4,196,992		425,000		$ 1,511	3,317,072		0	(1,761)	52,199	402,971
Ending balance (in shares) at Dec. 31, 2021					151,124,543
Increase (Decrease) in Stockholders' Equity
Contributions	23,689										23,689
Distributions	(72,346)										(72,346)
Transaction costs	(573)					(573)
Issuance of unrestricted stock (in shares)					234,741
Issuance of unrestricted stock	0				$ 2	(2)
Shares withheld to satisfy tax withholding obligations (in shares)					(70,722)
Shares withheld to satisfy tax withholding obligations	$ (695)				$ (1)	(694)
Repurchase of common stock (in shares)	(2,100,000)				(2,105,359)
Repurchase of common stock	$ (37,206)				$ (21)	(37,185)
Accelerated repurchase of common stock (in shares)					(8,128,725)
Accelerated repurchase of common stock	(200,000)				$ (82)	(199,918)
Declared dividend	(165,858)		(20,431)			(198,016)		55,305		(2,716)
Amortization of stock-based compensation	27,650					9,283				18,367
Net income (loss)	(12,165)		20,431					(55,305)		(709)	23,418
Other comprehensive income (loss)	(9,657)								(9,511)	(170)	24
Ending balance at Dec. 31, 2022	$ 3,749,831		425,000		$ 1,409	2,889,967		0	(11,272)	66,971	377,756
Ending balance (in shares) at Dec. 31, 2022	141,054,478				141,054,478
Increase (Decrease) in Stockholders' Equity
Contributions	$ 26,480										26,480
Distributions	(58,973)										(58,973)
Issuance of unrestricted stock (in shares)					232,358
Issuance of unrestricted stock	0				$ 1	(1)
Shares withheld to satisfy tax withholding obligations (in shares)					(64,630)
Shares withheld to satisfy tax withholding obligations	$ (606)				$ (1)	(605)
Repurchase of common stock (in shares)	(200,000)				(187,400)
Repurchase of common stock	$ (1,369)				$ (6)	(1,363)
Declared dividend	(75,148)		(20,188)			(244,552)		191,331		(1,739)
Amortization of stock-based compensation	26,884					8,352				18,532
Net income (loss)	(183,832)		20,188					(191,331)		(3,358)	(9,331)
Other comprehensive income (loss)	10,905								11,085	313	(493)
Ending balance at Dec. 31, 2023	$ 3,494,172		$ 425,000		$ 1,403	$ 2,651,798		$ 0	$ (187)	$ 80,719	$ 335,439
Ending balance (in shares) at Dec. 31, 2023	141,034,806				141,034,806

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (170,700)	$ (16,517)	$ 29,012
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	397,846	373,219	343,614
Non-cash interest expense	21,867	5,154	10,463
Amortization of stock-based compensation	23,863	24,296	21,163
Income (loss) from unconsolidated real estate entities	3,902	(943)	(1,822)
Unrealized loss (gain) on non-real estate investments	3,120	1,440	(16,571)
Straight-line rents	(701)	(38,508)	(21,895)
Straight-line rent expense	5,118	3,198	1,421
Amortization of above- and below-market leases, net	(6,235)	(8,032)	(11,415)
Amortization of above- and below-market ground lease, net	2,752	2,731	2,367
Amortization of lease incentive costs	1,115	1,545	1,885
Distribution of income from unconsolidated real estate entities	0	1,243	1,916
Impairment loss	60,158	28,548	2,762
Earnout liability fair value adjustment	(4,300)	1,757	0
(Gain) loss on sale of real estate	(103,202)	2,164	0
Loss on sale of bonds	34,046	0	0
Gain from insurance proceeds	0	(1,167)	0
Deferred tax provision	6,609	0	0
(Gain) loss on extinguishment of debt	(10,000)	0	6,259
Change in operating assets and liabilities:
Accounts receivable	(5,678)	16,150	3,523
Deferred leasing costs and lease intangibles	(16,145)	(33,940)	(19,831)
Prepaid expenses and other assets	(10,321)	(2,240)	(32,669)
Accounts payable, accrued liabilities and other	(3,115)	11,718	(38)
Security deposits, prepaid rent and other	2,257	(2,315)	(5,281)
Net cash provided by operating activities	232,256	369,501	314,863
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of real estate	843,021	137,709	0
Additions to investment property	(298,823)	(276,798)	(338,629)
Property acquisitions	0	(96,459)	(118,907)
Acquisitions of businesses	0	(199,098)	(209,854)
Maturities of U.S. Government securities	0	129,300	5,778
Contributions to non-real estate investments	(4,916)	(17,109)	(12,397)
Distributions from non-real estate investments	0	1,492	53
Proceeds from sale of non-real estate investment	503	0	0
Distributions from unconsolidated real estate entities	2,528	1,875	1,654
Contributions to unconsolidated real estate entities	(68,732)	(40,081)	(75,585)
Additions to non-real estate property, plant and equipment	(5,740)	(20,209)	(6,321)
Insurance proceeds for damaged property, plant and equipment	0	1,284	0
Net cash provided by (used in) investing activities	467,841	(378,094)	(754,208)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	382,356	1,197,556	1,450,500
Payments of unsecured and secured debt	(1,203,632)	(515,000)	(1,117,903)
Payments of in-substance defeased debt	0	(128,212)	(3,494)
Proceeds from sale of common stock	0	0	44,974
Proceeds from issuance of Series C cumulative redeemable preferred stock	0	0	413,007
Transaction costs	0	(573)	(397)
Repurchases of common stock	(1,369)	(37,206)	(46,137)
Accelerated share repurchase	0	(200,000)	0
Dividends paid to common stock and unitholders	(54,960)	(145,427)	(154,560)
Dividends paid to preferred stock and unitholders	(20,800)	(23,324)	(612)
Contributions from redeemable non-controlling members in consolidated real estate entities	2,025	575	4,493
Distributions to redeemable non-controlling members in consolidated real estate entities	(82,407)	(16)	(16)
Contributions from non-controlling members in consolidated real estate entities	26,480	23,689	24,718
Distributions to non-controlling members in consolidated real estate entities	(58,973)	(72,346)	(110,562)
Proceeds from sale of bonds	145,535	0	0
Payments to satisfy tax withholding obligations	(88)	(695)	(2,206)
Payment of loan costs	(839)	(1,573)	(15,124)
Net cash (used in) provided by financing activities	(866,672)	97,448	486,681
Net (decrease) increase in cash and cash equivalents and restricted cash	(166,575)	88,855	47,336
Cash and cash equivalents and restricted cash—beginning of period	285,731	196,876	149,540
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	$ 119,156	$ 285,731	$ 196,876

CONSOLIDATED BALANCE SHEETS L.P

CONSOLIDATED BALANCE SHEETS L.P. - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Investment in real estate, at cost	$ 8,212,896	$ 8,716,572
Accumulated depreciation and amortization	(1,728,437)	(1,541,271)
Investment in real estate, net	6,484,459	7,175,301
Non-real estate property, plant and equipment, net	118,783	130,289
Cash and cash equivalents	100,391	255,761
Restricted cash	18,765	29,970
Accounts receivable, net	24,609	16,820
Straight-line rent receivables, net	220,787	279,910
Deferred leasing costs and intangible assets, net	326,950	393,842
Operating lease right-of-use assets	376,306	401,051
Prepaid expenses and other assets, net	94,145	98,837
Investment in unconsolidated real estate entities	252,711	180,572
Goodwill	264,144	263,549
Assets associated with real estate held for sale	0	93,238
TOTAL ASSETS	8,282,050	9,319,140
Liabilities
Accounts payable, accrued liabilities and other	203,736	264,098
Operating lease liabilities	389,210	399,801
Intangible liabilities, net	27,751	34,091
Security deposits, prepaid rent and other	88,734	83,797
Liabilities associated with real estate held for sale	0	665
Total liabilities	4,720,881	5,434,450
Commitments and contingencies (Note 19)
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	57,182	125,044
Hudson Pacific Properties, L.P. partners’ capital:
Accumulated other comprehensive loss	(187)	(11,272)
Total capital	3,494,172	3,749,831
TOTAL LIABILITIES AND CAPITAL	8,282,050	9,319,140
Unsecured and secured debt, net
Liabilities
Debt, net	3,945,314	4,585,862
Joint venture partner debt
Liabilities
Debt, net	66,136	66,136
Hudson Pacific Partners, L.P.
ASSETS
Investment in real estate, at cost	8,212,896	8,716,572
Accumulated depreciation and amortization	(1,728,437)	(1,541,271)
Investment in real estate, net	6,484,459	7,175,301
Non-real estate property, plant and equipment, net	118,783	130,289
Cash and cash equivalents	100,391	255,761
Restricted cash	18,765	29,970
Accounts receivable, net	24,609	16,820
Straight-line rent receivables, net	220,787	279,910
Deferred leasing costs and intangible assets, net	326,950	393,842
Operating lease right-of-use assets	376,306	401,051
Prepaid expenses and other assets, net	94,145	98,837
Investment in unconsolidated real estate entities	252,711	180,572
Goodwill	264,144	263,549
Assets associated with real estate held for sale	0	93,238
TOTAL ASSETS	8,282,050	9,319,140
Liabilities
Accounts payable, accrued liabilities and other	203,736	264,098
Operating lease liabilities	389,210	399,801
Intangible liabilities, net	27,751	34,091
Security deposits, prepaid rent and other	88,734	83,797
Liabilities associated with real estate held for sale	0	665
Total liabilities	4,720,881	5,434,450
Commitments and contingencies (Note 19)
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	57,182	125,044
Hudson Pacific Properties, L.P. partners’ capital:
Common units, 143,845,239 and 143,246,320 outstanding at December 31, 2023 and 2022, respectively	2,733,795	2,958,535
Accumulated other comprehensive loss	(62)	(11,460)
Total Hudson Pacific Properties, L.P. partners’ capital	3,158,733	3,372,075
Non-controlling interest—members in consolidated real estate entities	335,439	377,756
Total capital	3,494,172	3,749,831
TOTAL LIABILITIES AND CAPITAL	8,282,050	9,319,140
Hudson Pacific Partners, L.P. | 4.750% Series C Cumulative Redeemable Preferred Stock
Hudson Pacific Properties, L.P. partners’ capital:
4.750% Series C cumulative redeemable preferred units, $25.00 per unit liquidation preference, 17,000,000 units outstanding at December 31, 2023 and 2022	425,000	425,000
Hudson Pacific Partners, L.P. | Unsecured and secured debt, net
Liabilities
Debt, net	3,945,314	4,585,862
Hudson Pacific Partners, L.P. | Joint venture partner debt
Liabilities
Debt, net	$ 66,136	$ 66,136

CONSOLIDATED BALANCE SHEETS L_2

CONSOLIDATED BALANCE SHEETS L.P. (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Common Stock:
Interest rate of preferred stock	6.25%
Common stock/units, outstanding (in shares)	141,034,806	141,054,478
4.750% Series C Cumulative Redeemable Preferred Stock
Common Stock:
Interest rate of preferred stock	4.75%	4.75%
Liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, outstanding (in shares)	17,000,000	17,000,000
Hudson Pacific Partners, L.P.
Common Stock:
Common stock/units, outstanding (in shares)	143,845,239	143,246,320
Hudson Pacific Partners, L.P. | 4.750% Series C Cumulative Redeemable Preferred Stock
Common Stock:
Interest rate of preferred stock	4.75%	4.75%
Liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, outstanding (in shares)	17,000,000	17,000,000

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS L.P. - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]	Service And Other Revenue [Member]	Service And Other Revenue [Member]	Service And Other Revenue [Member]
Cost, Product and Service [Extensible Enumeration]	Service And Other Revenue [Member]	Service And Other Revenue [Member]	Service And Other Revenue [Member]
Revenues	$ 952,297	$ 1,026,224	$ 896,835
OPERATING EXPENSES
Operating expenses	450,465	413,818	335,847
General and administrative	74,958	79,501	71,346
Depreciation and amortization	397,846	373,219	343,614
Total operating expenses	923,269	866,538	750,807
OTHER INCOME (EXPENSES)
(Loss) income from unconsolidated real estate entities	(3,902)	943	1,822
Fee income	6,181	7,972	3,221
Interest expense	(214,415)	(149,901)	(121,939)
Interest income	2,182	2,340	3,794
Management services reimbursement income—unconsolidated real estate entities	4,125	4,163	1,132
Management services expense—unconsolidated real estate entities	(4,125)	(4,163)	(1,132)
Transaction-related expenses	1,150	(14,356)	(8,911)
Unrealized (loss) gain on non-real estate investments	(3,120)	(1,440)	16,571
Gain (loss) on sale of real estate	103,202	(2,164)	0
Impairment loss	(60,158)	(28,548)	(2,762)
Gain (loss) on extinguishment of debt	10,000	0	(6,259)
Other (expense) income	(6)	8,951	(2,553)
Loss on sale of bonds	(34,046)	0	0
Total other expenses	(192,932)	(176,203)	(117,016)
(Loss) income before income tax provision	(163,904)	(16,517)	29,012
Income tax provision	(6,796)	0	0
NET (LOSS) INCOME	(170,700)	(16,517)	29,012
Net loss (income) attributable to non-controlling interest in consolidated real estate entities	9,331	(23,418)	(21,806)
Net (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities	(12,520)	4,964	2,902
Net income attributable to participating securities	(850)	(1,194)	(1,090)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(192,181)	(56,499)	6,064
Series A preferred units
OTHER INCOME (EXPENSES)
Net income attributable to preferred units/share	(612)	(612)	(612)
Series C preferred stock
OTHER INCOME (EXPENSES)
Net income attributable to preferred units/share	(20,188)	(20,431)	(2,281)
Office
REVENUES
Rental	797,095	834,408	782,736
Service and other revenues	15,280	18,292	12,634
Revenues	812,375	852,700	795,370
OPERATING EXPENSES
Operating expenses	312,018	308,668	280,334
Studio
REVENUES
Rental	59,276	59,672	49,985
Service and other revenues	80,646	113,852	51,480
Revenues	139,922	173,524	101,465
OPERATING EXPENSES
Operating expenses	$ 138,447	$ 105,150	$ 55,513
Hudson Pacific Partners, L.P.
REVENUES
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]	Service And Other Revenue [Member]	Service And Other Revenue [Member]	Service And Other Revenue [Member]
Cost, Product and Service [Extensible Enumeration]	Service And Other Revenue [Member]	Service And Other Revenue [Member]	Service And Other Revenue [Member]
Revenues	$ 952,297	$ 1,026,224	$ 896,835
OPERATING EXPENSES
General and administrative	74,958	79,501	71,346
Depreciation and amortization	397,846	373,219	343,614
Total operating expenses	923,269	866,538	750,807
OTHER INCOME (EXPENSES)
(Loss) income from unconsolidated real estate entities	(3,902)	943	1,822
Fee income	6,181	7,972	3,221
Interest expense	(214,415)	(149,901)	(121,939)
Interest income	2,182	2,340	3,794
Management services reimbursement income—unconsolidated real estate entities	4,125	4,163	1,132
Management services expense—unconsolidated real estate entities	(4,125)	(4,163)	(1,132)
Transaction-related expenses	1,150	(14,356)	(8,911)
Unrealized (loss) gain on non-real estate investments	(3,120)	(1,440)	16,571
Gain (loss) on sale of real estate	103,202	(2,164)	0
Impairment loss	(60,158)	(28,548)	(2,762)
Gain (loss) on extinguishment of debt	10,000	0	(6,259)
Other (expense) income	(6)	8,951	(2,553)
Loss on sale of bonds	(34,046)	0	0
Total other expenses	(192,932)	(176,203)	(117,016)
(Loss) income before income tax provision	(163,904)	(16,517)	29,012
Income tax provision	(6,796)	0	0
NET (LOSS) INCOME	(170,700)	(16,517)	29,012
Net loss (income) attributable to non-controlling interest in consolidated real estate entities	9,331	(23,418)	(21,806)
Net (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities	(12,520)	4,964	2,902
Net (loss) income attributable to Hudson Pacific Properties, L.P.	(173,889)	(34,971)	10,108
Net income attributable to participating securities	(850)	(1,194)	(1,090)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (195,539)	$ (57,208)	$ 6,125
BASIC AND DILUTED PER UNIT AMOUNTS
Net (loss) income attributable to common unitholders—basic (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Net (loss) income attributable to common unitholders—diluted (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Weighted average shares of common units outstanding - basic (in shares)	143,421,154	145,580,928	153,007,287
Weighted average shares of common units outstanding - diluted (in shares)	143,421,154	145,580,928	153,332,365
Hudson Pacific Partners, L.P. | Series A preferred units
OTHER INCOME (EXPENSES)
Net income attributable to preferred units/share	$ (612)	$ (612)	$ (612)
Hudson Pacific Partners, L.P. | Series C preferred stock
OTHER INCOME (EXPENSES)
Net income attributable to preferred units/share	(20,188)	(20,431)	(2,281)
Hudson Pacific Partners, L.P. | Office
REVENUES
Rental	797,095	834,408	782,736
Service and other revenues	15,280	18,292	12,634
Revenues	812,375	852,700	795,370
OPERATING EXPENSES
Operating expenses	312,018	308,668	280,334
Hudson Pacific Partners, L.P. | Studio
REVENUES
Rental	59,276	59,672	49,985
Service and other revenues	80,646	113,852	51,480
Revenues	139,922	173,524	101,465
OPERATING EXPENSES
Operating expenses	$ 138,447	$ 105,150	$ 55,513

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME L.P. - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net (loss) income	$ (170,700)	$ (16,517)	$ 29,012
Currency translation adjustments	6,325	(12,375)	(1,064)
Net unrealized gains (losses) on derivative instruments:
Unrealized gains	9,214	621	171
Reclassification adjustment for realized (gains) losses	(4,634)	2,097	7,360
Total net gains on derivative instruments:	4,580	2,718	7,531
Total other comprehensive income (loss)	10,905	(9,657)	6,467
Comprehensive (loss) income	(159,795)	(26,174)	35,479
Comprehensive income attributable to participating securities	(850)	(1,194)	(1,090)
Comprehensive loss (income) attributable to non-controlling interest in consolidated real estate entities	9,824	(23,442)	(21,806)
Comprehensive (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities	(12,520)	4,964	2,902
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(181,096)	(66,010)	12,436
Series A preferred units
Net unrealized gains (losses) on derivative instruments:
Comprehensive income attributable to preferred units/stock	(612)	(612)	(612)
Series C preferred stock
Net unrealized gains (losses) on derivative instruments:
Comprehensive income attributable to preferred units/stock	(20,188)	(20,431)	(2,281)
Hudson Pacific Partners, L.P.
Net (loss) income	(170,700)	(16,517)	29,012
Currency translation adjustments	6,325	(12,375)	(1,064)
Net unrealized gains (losses) on derivative instruments:
Unrealized gains	9,214	621	171
Reclassification adjustment for realized (gains) losses	(4,634)	2,097	7,360
Total net gains on derivative instruments:	4,580	2,718	7,531
Total other comprehensive income (loss)	10,905	(9,657)	6,467
Comprehensive (loss) income	(159,795)	(26,174)	35,479
Comprehensive income attributable to participating securities	(850)	(1,194)	(1,090)
Comprehensive loss (income) attributable to non-controlling interest in consolidated real estate entities	9,824	(23,442)	(21,806)
Comprehensive (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities	(12,520)	4,964	2,902
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(184,141)	(66,889)	12,592
Hudson Pacific Partners, L.P. | Series A preferred units
Net unrealized gains (losses) on derivative instruments:
Comprehensive income attributable to preferred units/stock	(612)	(612)	(612)
Hudson Pacific Partners, L.P. | Series C preferred stock
Net unrealized gains (losses) on derivative instruments:
Comprehensive income attributable to preferred units/stock	$ (20,188)	$ (20,431)	$ (2,281)

CONSOLIDATED STATEMENTS OF CAPI

CONSOLIDATED STATEMENTS OF CAPITAL L.P. - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,749,831	$ 4,196,992	$ 3,967,980
Beginning balance (in shares)	141,054,478
Contributions	$ 26,480	23,689	24,718
Distributions	(58,973)	(72,346)	(110,562)
Proceeds from sale of stock, net of underwriters discount and transaction costs			44,820
Transaction costs		(573)	(243)
Units withheld to satisfy tax withholding obligations	$ (606)	$ (695)	$ (2,206)
Repurchase of common units (in shares)	(200,000)	(2,100,000)	(1,900,000)
Repurchase of common units	$ (1,369)	$ (37,206)	$ (46,137)
Declared distributions	(75,148)	(165,858)	(156,841)
Amortization of unit-based compensation	26,884	27,650	24,687
Net income (loss)	(183,832)	(12,165)	31,302
Other comprehensive income (loss)	10,905	(9,657)	6,467
Ending balance	$ 3,494,172	$ 3,749,831	4,196,992
Ending balance (in shares)	141,034,806	141,054,478
Series C preferred stock
Increase (Decrease) in Partners' Capital
Proceeds from sale of stock, net of underwriters discount and transaction costs			413,007
Hudson Pacific Partners, L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,749,831
Beginning balance (in shares)	143,246,320
Proceeds from sale of stock, net of underwriters discount and transaction costs			44,820
Transaction costs		$ (573)	(243)
Units withheld to satisfy tax withholding obligations	$ (606)	(695)	(2,206)
Repurchase of common units	(1,369)	(237,206)	(46,137)
Declared distributions	(75,148)	(165,858)	(156,841)
Amortization of unit-based compensation	26,884	27,650	24,687
Net income (loss)	(183,832)	(12,165)	31,302
Other comprehensive income (loss)	10,905	(9,657)	6,467
Ending balance	$ 3,494,172	$ 3,749,831
Ending balance (in shares)	143,845,239	143,246,320
Total Partners’ Capital | Hudson Pacific Partners, L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,372,075	$ 3,794,021	3,500,971
Proceeds from sale of stock, net of underwriters discount and transaction costs			44,820
Transaction costs		(573)	(243)
Units withheld to satisfy tax withholding obligations	(606)	(695)	(2,206)
Repurchase of common units	(1,369)	(237,206)	(46,137)
Declared distributions	(75,148)	(165,858)	(156,841)
Amortization of unit-based compensation	26,884	27,650	24,687
Net income (loss)	(174,501)	(35,583)	9,496
Other comprehensive income (loss)	11,398	(9,681)	6,467
Ending balance	3,158,733	3,372,075	3,794,021
Total Partners’ Capital | Hudson Pacific Partners, L.P. | Series C preferred stock
Increase (Decrease) in Partners' Capital
Proceeds from sale of stock, net of underwriters discount and transaction costs			413,007
Preferred Units | Hudson Pacific Partners, L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	425,000	425,000	0
Declared distributions	(20,188)	(20,431)	(2,281)
Net income (loss)	20,188	20,431	2,281
Ending balance	425,000	425,000	425,000
Preferred Units | Hudson Pacific Partners, L.P. | Series C preferred stock
Increase (Decrease) in Partners' Capital
Proceeds from sale of stock, net of underwriters discount and transaction costs			425,000
Common Stock | Hudson Pacific Partners, L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	$ 2,958,535	$ 3,370,800	$ 3,509,217
Beginning balance (in shares)	143,246,320	152,967,441	152,722,448
Proceeds from sale of stock, net of underwriters’ discount and transaction costs (in shares)			1,526,163
Proceeds from sale of stock, net of underwriters discount and transaction costs			$ 44,820
Transaction costs		$ (573)	$ (243)
Issuance of unrestricted stock (in shares)	850,949	583,685	744,596
Shares withheld to satisfy tax withholding obligations (in shares)	(64,630)	(70,722)	(90,843)
Units withheld to satisfy tax withholding obligations	$ (606)	$ (695)	$ (2,206)
Repurchase of common units (in shares)	(187,400)	(10,234,084)	(1,934,923)
Repurchase of common units	$ (1,369)	$ (237,206)	$ (46,137)
Declared distributions	(54,960)	(145,427)	(154,560)
Amortization of unit-based compensation	26,884	27,650	24,687
Net income (loss)	(194,689)	(56,014)	7,215
Ending balance	$ 2,733,795	$ 2,958,535	$ 3,370,800
Ending balance (in shares)	143,845,239	143,246,320	152,967,441
Common Stock | Hudson Pacific Partners, L.P. | Series C preferred stock
Increase (Decrease) in Partners' Capital
Proceeds from sale of stock, net of underwriters discount and transaction costs			$ (11,993)
Accumulated Other Comprehensive (Loss) Income | Hudson Pacific Partners, L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	$ (11,460)	$ (1,779)	(8,246)
Other comprehensive income (loss)	11,398	(9,681)	6,467
Ending balance	(62)	(11,460)	(1,779)
Non-controlling Interest— Members in Consolidated Real Estate Entities | Hudson Pacific Partners, L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	377,756	402,971	467,009
Contributions	26,480	23,689	24,718
Distributions	(58,973)	(72,346)	(110,562)
Net income (loss)	(9,331)	23,418	21,806
Other comprehensive income (loss)	(493)	24
Ending balance	$ 335,439	$ 377,756	$ 402,971

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS L.P. - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (170,700)	$ (16,517)	$ 29,012
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	397,846	373,219	343,614
Non-cash interest expense	21,867	5,154	10,463
Amortization of stock-based compensation	23,863	24,296	21,163
Loss (income) from unconsolidated real estate entities	3,902	(943)	(1,822)
Unrealized loss (gain) on non-real estate investments	3,120	1,440	(16,571)
Straight-line rents	(701)	(38,508)	(21,895)
Straight-line rent expense	5,118	3,198	1,421
Amortization of above- and below-market leases, net	(6,235)	(8,032)	(11,415)
Amortization of above- and below-market ground lease, net	2,752	2,731	2,367
Amortization of lease incentive costs	1,115	1,545	1,885
Distribution of income from unconsolidated real estate entities	0	1,243	1,916
Impairment loss	60,158	28,548	2,762
Earnout liability fair value adjustment	(4,300)	1,757	0
(Gain) loss on sale of real estate	(103,202)	2,164	0
Loss on sale of bonds	34,046	0	0
Gain from insurance proceeds	0	(1,167)	0
Deferred tax provision	6,609	0	0
(Gain) loss on extinguishment of debt	(10,000)	0	6,259
Change in operating assets and liabilities:
Accounts receivable	(5,678)	16,150	3,523
Deferred leasing costs and lease intangibles	(16,145)	(33,940)	(19,831)
Prepaid expenses and other assets	(10,321)	(2,240)	(32,669)
Accounts payable, accrued liabilities and other	(3,115)	11,718	(38)
Security deposits, prepaid rent and other	2,257	(2,315)	(5,281)
Net cash provided by operating activities	232,256	369,501	314,863
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of real estate	843,021	137,709	0
Additions to investment property	(298,823)	(276,798)	(338,629)
Property acquisitions	0	(96,459)	(118,907)
Acquisitions of businesses	0	(199,098)	(209,854)
Maturities of U.S. Government securities	0	129,300	5,778
Contributions to non-real estate investments	(4,916)	(17,109)	(12,397)
Distributions from non-real estate investments	0	1,492	53
Proceeds from sale of non-real estate investment	503	0	0
Distributions from unconsolidated real estate entities	2,528	1,875	1,654
Contributions to unconsolidated real estate entities	(68,732)	(40,081)	(75,585)
Additions to non-real estate property, plant and equipment	(5,740)	(20,209)	(6,321)
Insurance proceeds for damaged property, plant and equipment	0	1,284	0
Net cash provided by (used in) investing activities	467,841	(378,094)	(754,208)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	382,356	1,197,556	1,450,500
Payments of unsecured and secured debt	(1,203,632)	(515,000)	(1,117,903)
Payments of in-substance defeased debt	0	(128,212)	(3,494)
Proceeds from sale of common stock	0	0	44,974
Proceeds from issuance of Series C cumulative redeemable preferred stock	0	0	413,007
Transaction costs	0	(573)	(397)
Repurchases of common stock	(1,369)	(37,206)	(46,137)
Dividends paid to common stock and unitholders	(54,960)	(145,427)	(154,560)
Dividends paid to preferred stock and unitholders	(20,800)	(23,324)	(612)
Contributions from redeemable non-controlling members in consolidated real estate entities	2,025	575	4,493
Distributions to redeemable non-controlling members in consolidated real estate entities	(82,407)	(16)	(16)
Contributions from non-controlling members in consolidated real estate entities	26,480	23,689	24,718
Distributions to non-controlling members in consolidated real estate entities	(58,973)	(72,346)	(110,562)
Proceeds from sale of bonds	145,535	0	0
Payments to satisfy tax withholding obligations	(88)	(695)	(2,206)
Payment of loan costs	(839)	(1,573)	(15,124)
Net cash (used in) provided by financing activities	(866,672)	97,448	486,681
Net (decrease) increase in cash and cash equivalents and restricted cash	(166,575)	88,855	47,336
Cash and cash equivalents and restricted cash—beginning of period	285,731	196,876	149,540
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	119,156	285,731	196,876
Hudson Pacific Partners, L.P.
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	(170,700)	(16,517)	29,012
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	397,846	373,219	343,614
Non-cash interest expense	21,867	5,154	10,463
Amortization of stock-based compensation	23,863	24,296	21,163
Loss (income) from unconsolidated real estate entities	3,902	(943)	(1,822)
Unrealized loss (gain) on non-real estate investments	3,120	1,440	(16,571)
Straight-line rents	(701)	(38,508)	(21,895)
Straight-line rent expense	5,118	3,198	1,421
Amortization of above- and below-market leases, net	(6,235)	(8,032)	(11,415)
Amortization of above- and below-market ground lease, net	2,752	2,731	2,367
Amortization of lease incentive costs	1,115	1,545	1,885
Distribution of income from unconsolidated real estate entities	0	1,243	1,916
Impairment loss	60,158	28,548	2,762
Earnout liability fair value adjustment	(4,300)	1,757	0
(Gain) loss on sale of real estate	(103,202)	2,164	0
Loss on sale of bonds	34,046	0	0
Gain from insurance proceeds	0	(1,167)	0
(Gain) loss on extinguishment of debt	(10,000)	0	6,259
Change in operating assets and liabilities:
Accounts receivable	(5,678)	16,150	3,523
Deferred leasing costs and lease intangibles	(16,145)	(33,940)	(19,831)
Prepaid expenses and other assets	(10,321)	(2,240)	(32,669)
Accounts payable, accrued liabilities and other	(3,115)	11,718	(38)
Security deposits, prepaid rent and other	2,257	(2,315)	(5,281)
Net cash provided by operating activities	232,256	369,501	314,863
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of real estate	843,021	137,709	0
Additions to investment property	(298,823)	(276,798)	(338,629)
Property acquisitions	0	(96,459)	(118,907)
Acquisitions of businesses	0	(199,098)	(209,854)
Maturities of U.S. Government securities	0	129,300	5,778
Contributions to non-real estate investments	(4,916)	(17,109)	(12,397)
Distributions from non-real estate investments	0	1,492	53
Proceeds from sale of non-real estate investment	503	0	0
Distributions from unconsolidated real estate entities	2,528	1,875	1,654
Contributions to unconsolidated real estate entities	(68,732)	(40,081)	(75,585)
Additions to non-real estate property, plant and equipment	(5,740)	(20,209)	(6,321)
Insurance proceeds for damaged property, plant and equipment	0	1,284	0
Net cash provided by (used in) investing activities	467,841	(378,094)	(754,208)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	382,356	1,197,556	1,450,500
Payments of unsecured and secured debt	(1,203,632)	(515,000)	(1,117,903)
Payments of in-substance defeased debt	0	(128,212)	(3,494)
Proceeds from joint venture partner debt	0	0	0
Proceeds from sale of common stock	0	0	44,974
Proceeds from issuance of Series C cumulative redeemable preferred stock	0	0	413,007
Transaction costs	0	(573)	(397)
Repurchases of common stock	(1,369)	(237,206)	(46,137)
Dividends paid to common stock and unitholders	(54,960)	(145,427)	(154,560)
Dividends paid to preferred stock and unitholders	(20,800)	(23,324)	(612)
Contributions from redeemable non-controlling members in consolidated real estate entities	2,025	575	4,493
Distributions to redeemable non-controlling members in consolidated real estate entities	(82,407)	(16)	(16)
Contributions from non-controlling members in consolidated real estate entities	26,480	23,689	24,718
Distributions to non-controlling members in consolidated real estate entities	(58,973)	(72,346)	(110,562)
Proceeds from sale of bonds	145,535	0	0
Payments to satisfy tax withholding obligations	(88)	(695)	(2,206)
Payment of loan costs	(839)	(1,573)	(15,124)
Net cash (used in) provided by financing activities	(866,672)	97,448	486,681
Net (decrease) increase in cash and cash equivalents and restricted cash	(166,575)	88,855	47,336
Cash and cash equivalents and restricted cash—beginning of period	285,731	196,876	149,540
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	$ 119,156	$ 285,731	$ 196,876

Organization

Organization	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Hudson Pacific Properties, Inc. is a Maryland corporation formed on November 9, 2009 as 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 studio 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 “our operating partnership” or “the operating partnership” refer to Hudson Pacific Properties, L.P. together with its consolidated subsidiaries. The following table summarizes the Company’s portfolio as of December 31, 2023: Segments Number of Properties Square Feet (unaudited) Consolidated portfolio Office 45 13,131,277 Studio 3 1,256,522 Future development 5 1,616,242 Total consolidated portfolio 53 16,004,041 Unconsolidated portfolio (1) Office (2) 1 1,521,084 Studio (3) 2 473,000 Future development (4) 2 1,617,347 Total unconsolidated portfolio 5 3,611,431 TOTAL 58 19,615,472 _________________ 1. The Company owns 20% of the unconsolidated joint venture entity that owns the Bentall Centre property, 50% of the unconsolidated joint venture entity that owns Sunset Glenoaks Studios, 35% of the unconsolidated joint venture entity that owns Sunset Waltham Cross Studios and approximately 26% of the unconsolidated joint venture entity that owns the Sunset Pier 94 Studios development. The square footage shown above represents 100% of the properties. 2. Includes Bentall Centre. 3. Includes Sunset Glenoaks Studios and Sunset Pier 94 Studios. 4. Includes land for the Burrard Exchange and Sunset Waltham Cross Studios. Concentrations As of December 31, 2023, the Company’s office properties were located in Los Angeles, the San Francisco Bay Area, Seattle, and Vancouver, British Columbia. The Company’s owned studio properties were primarily located in Los Angeles and New York. 68.9% of the square feet in the Company’s consolidated and unconsolidated portfolio is 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 technology and media and entertainment industries. As of December 31, 2023, approximately 21.4% and 17.1% of consolidated and unconsolidated rentable square feet, excluding our under construction and future development pipeline, were related to the tenants in the technology and media and entertainment industries, respectively. As of December 31, 2023, the Company’s 15 largest tenants represented approximately 22.6% of consolidated and unconsolidated rentable square feet. No single tenant accounted for more than 10%. For the year ended December 31, 2023, Google, Inc. represented 14.3% of the Company’s revenue for the office segment and Netflix, Inc. represented 20.0% of the Company’s revenue for the studio segment.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
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”). Any references to the number of properties, acres and square footage are unaudited and outside the scope of the Company’s independent registered public accounting firm’s audit of the Company’s financial statements in accordance with the standards of the United States Public Company Accounting Oversight Board (“PCAOB”). The Company has reclassified a gain on derivatives Principles of Consolidation The consolidated financial statements of the Company include the accounts of the Company, the operating partnership and all wholly-owned and controlled subsidiaries. The consolidated financial statements of the operating partnership include the accounts of the operating partnership and all wholly-owned and controlled subsidiaries. All intercompany balances and transactions have been eliminated in the consolidated financial statements. Under the consolidation guidance, the Company first evaluates an entity using the variable interest model, then the voting model. The Company ultimately consolidates all entities that the Company controls through either majority ownership or voting rights, including all variable interest entities (“VIEs”) of which the Company is considered the primary beneficiary. The Company accounts for all other unconsolidated joint ventures using the equity method of accounting. In addition, the Company continually evaluates each legal entity that is not wholly-owned for reconsideration based on changing circumstances. VIEs are defined as entities in which equity investors do not have: • the characteristics of a controlling financial interest; • sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties; and/or • the entity is structured with non-substantive voting rights. The entity that consolidates a VIE is known as its primary beneficiary and is generally the entity with both the power to direct the activities that most significantly affect the VIE’s economic performance and the right to receive benefits from the VIE or the obligation to absorb losses of the VIE that could be significant to the VIE. As of December 31, 2023, the Company has determined that its operating partnership and 20 joint ventures met the definition of a VIE. 13 of these joint ventures are consolidated and seven are unconsolidated. Consolidated Joint Ventures As of December 31, 2023, the operating partnership has determined that 13 of its joint ventures met the definition of a VIE and are consolidated: Entity Property Ownership Interest Hudson 1455 Market, L.P. 1455 Market 55.0 % Hudson 1099 Stewart, L.P. Hill7 55.0 % HPP-MAC WSP, LLC None (1) 75.0 % Hudson One Ferry REIT, L.P. Ferry Building 55.0 % Sunset Bronson Entertainment Properties, LLC Sunset Bronson Studios, ICON, CUE 51.0 % Sunset Gower Entertainment Properties, LLC Sunset Gower Studios 51.0 % Sunset 1440 North Gower Street, LLC Sunset Gower Studios 51.0 % Sunset Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (2) 51.0 % Sunset Studios Holdings, LLC EPIC 51.0 % Hudson Media and Entertainment Management, LLC None (3) 51.0 % Hudson 6040 Sunset, LLC 6040 Sunset 51.0 % Hudson 1918 Eighth, L.P. 1918 Eighth 55.0 % __________________ 1. HPP-MAC WSP, LLC owned 100% of the One Westside and Westside Two properties prior to their sale in December 2023. 2. Sunset Services Holdings, LLC wholly owns Services Holdings, LLC, which owns 100% interests in Sunset Bronson Services, LLC, Sunset Gower Services, LLC and Sunset Las Palmas Services, LLC, which provide services to Sunset Bronson Entertainment Properties, LLC, Sunset Gower Entertainment Properties, LLC and Sunset Las Palmas Entertainment Properties, LLC, respectively. 3. Hudson Media and Entertainment Management, LLC manages the following properties: Sunset Gower Studios, Sunset Bronson Studios, Sunset Las Palmas Studios, 6040 Sunset, ICON, CUE, EPIC and Harlow (collectively “Hollywood Media Portfolio”). As of December 31, 2023 and 2022, the Company has determined that its operating partnership met the definition of a VIE and is consolidated. Substantially all of the assets and liabilities of the Company are related to the operating partnership VIE. The assets and credit of certain VIEs can only be used to satisfy those VIEs’ own contractual obligations, and the VIEs’ creditors have no recourse to the general credit of the Company. Unconsolidated Joint Ventures As of December 31, 2023, the Company has determined it is not the primary beneficiary of seven of its joint ventures that are VIEs. Due to its significant influence over the unconsolidated entities, the Company accounts for them using the equity method of accounting. 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. On August 28, 2023, the Company entered into a joint venture with subsidiaries of Blackstone Property Partners and Vornado Realty Trust to develop Sunset Pier 94 Studios in the borough of Manhattan in New York, New York. The Company owns approximately 26% of the ownership interests in the joint venture. The Company’s net equity investment in its unconsolidated joint ventures is reflected within investment in unconsolidated real estate entities on the Consolidated Balance Sheets. The Company’s share of net income or loss from the joint ventures is included within (loss) income from unconsolidated real estate entities on the Consolidated Statements of Operations. The Company uses the cumulative earnings approach for determining cash flow presentation of distributions from unconsolidated joint ventures. Under this approach, distributions up to the amount of cumulative equity in earnings recognized are classified as cash inflows from operating activities, and those in excess of that amount are classified as cash inflows from investing activities. Refer to Note 6 for further details regarding our investments in unconsolidated joint ventures. 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 and assessing the carrying values of its real estate properties, the fair value measurement of contingent consideration, assets acquired and liabilities assumed in business combination transactions, determining the incremental borrowing rate used in the present value calculations of its new or modified operating lessee agreements, its accrued liabilities, and the valuation of 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. Acquisitions The Company evaluates each acquisition to determine if the integrated set of assets and activities acquired meets the definition of a business and needs to be accounted for as a business combination in accordance with ASC 805, Business Combinations . An integrated set of assets and activities would fail to qualify as a business if either (i) substantially all of the fair value of the gross assets acquired is concentrated in either a single identifiable asset or a group of similar identifiable assets or (ii) the integrated set of assets and activities is lacking, at a minimum, an input and a substantive process that together significantly contribute to the ability to create outputs (i.e., revenue generated before and after the transaction). Acquisitions of real estate will generally not meet the definition of a business because substantially all of the fair value is concentrated in a single identifiable asset or group of similar identifiable assets (i.e., land, buildings and improvements and related intangible assets or liabilities) or because the acquisition does not include a substantive process in the form of an acquired workforce or an acquired contract that cannot be replaced without significant cost, effort or delay. When the Company acquires properties that are considered asset acquisitions, the purchase price is allocated based on relative fair value of the assets acquired and liabilities assumed. There is no measurement period concept for asset acquisitions, with the purchase price accounting being final in the period of acquisition. Additionally, acquisition-related expenses associated with asset acquisitions are capitalized as part of the purchase price. 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 were vacant. The fair values 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 commissions, legal and other leasing-related costs. The fair value of debt assumed is based on the estimated cash flow projections utilizing interest rates available for the issuance of debt with similar terms and remaining maturities. Business Combinations From time to time, we may enter into business combinations. In accordance with ASC 805, Business Combinations , the Company applies the acquisition method for acquisitions that meet the definition of a business combination. Under the acquisition method, the Company estimates the fair value of the identifiable assets and liabilities of the acquired entity on the acquisition date. Acquired intangible assets are valued using different methods under the income approach, including the excess earnings method for customer relationships, the relief-from-royalty method for trade names, and the lost profits method for non-compete agreements. The fair values of acquired “above- and below-” market leases are estimated 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. Acquired property, plant and equipment is valued using the cost approach, including consideration of reproduction or replacement costs, economic depreciation and obsolescence. We measure goodwill as the excess of consideration transferred over the net of the acquisition date fair values of the identifiable assets acquired and liabilities assumed. Goodwill is assigned to each reporting unit that is expected to benefit from the synergies of the business combination. Acquisition-related expenses and transaction costs associated with business combinations are expensed in the period incurred which is included in the transaction-related expenses line item of the Consolidated Statements of Operations. The acquisition method of accounting requires us to make significant estimates and assumptions regarding the fair value of the identifiable assets and liabilities of the acquired entity on the acquisition date. The Company estimates the fair value using observable inputs classified as Level 2 and unobservable inputs classified as Level 3 of the fair value hierarchy. Significant estimates and assumptions include subjective and/or complex judgments regarding items such as revenue growth rates, long-term growth rates, discount rates, customer retention rates, royalty rates, market rental rates and other factors, including estimating future cash flows that we expect to generate from the acquired assets. The acquisition method of accounting also requires us to refine these estimates over a measurement period not to exceed one year to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. If we are required to adjust provisional amounts that we have recorded for the fair values of assets and liabilities in connection with acquisitions, these adjustments could have a material impact on our financial condition and results of operations. If the subsequent actual results and updated projections of the underlying business activity change compared with the assumptions and projections used to develop these values, we could record future impairment charges. Investment in Real Estate Properties Cost Capitalization The Company capitalizes costs associated with development and redevelopment activities, capital improvements, tenant improvements and leasing activity. Costs associated with development and redevelopment that are capitalized include interest, property taxes, insurance and other costs directly related and essential to the acquisition, development or construction of a real estate project. Indirect development costs, including salaries and benefits, office rent, and associated costs for those individuals directly responsible for and who spend their time on development activities are also capitalized and allocated to the projects to which they relate. Construction and development costs are capitalized while substantial activities are ongoing to prepare an asset for its intended use. The Company considers a construction project as substantially complete and held available for occupancy upon the completion of tenant improvements but no later than one year after cessation of major construction activity. Costs incurred after a project is substantially complete and ready for its intended use, or after development activities have ceased, are expensed as they are incurred. Costs previously capitalized that related to abandoned acquisitions or developments are charged to earnings. Expenditures for repairs and maintenance are expensed as they are incurred. The Company recognized the following capitalized costs associated with development and redevelopment activities: Year Ended December 31, 2023 2022 2021 Capitalized personnel costs $ 16,496 $ 18,098 $ 16,728 Capitalized interest $ 32,253 $ 18,031 $ 21,689 Operating Properties The properties are generally carried at cost, less accumulated depreciation and amortization. The Company computes depreciation and amortization using the straight-line method over the estimated useful lives of the assets as represented in the table below: Asset Description Estimated Useful Life (Years) Building and improvements Shorter of the ground lease term or 39 Land improvements 15 Furniture and fixtures 5 to 7 Tenant and leasehold improvements Shorter of the estimated useful life or the lease term The Company amortizes above- and below-market lease intangibles over the remaining non-cancellable lease terms and bargain renewal periods, if applicable. The in-place lease intangibles are amortized over the remaining non-cancellable lease term. When tenants vacate prior to the expiration of a lease, the amortization of intangible assets and liabilities is accelerated. The Company amortizes above- and below-market ground lease intangibles over the remaining non-cancellable lease terms. Held for Sale The Company classifies properties as held for sale when certain criteria set forth in ASC 360, Property, Plant, and Equipment , are met. These criteria include (i) whether the Company is committed to a plan to sell, (ii) whether the asset or disposal group is available for immediate sale, (iii) whether an active program to locate a buyer and other actions required to complete the plan to sell have been initiated, (iv) whether the sale of the asset or disposal group is probable (i.e., likely to occur) and the transfer is expected to qualify for recognition as a completed sale within one year, (v) whether the long-lived asset or disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value, (vi) whether actions necessary to complete the plan indicate that it is unlikely significant changes to the plan will be made or that the plan will be withdrawn. At the time a property is classified as held for sale, the Company reclassifies its assets and liabilities to held for sale on the Consolidated Balance Sheets for all periods presented and ceases recognizing depreciation expense. Properties held for sale are reported at the lower of their carrying value or their estimated fair value, less estimated costs to sell. The estimated fair value is generally based on a purchase and sale agreement, letter of intent, or a broker estimated value of the property. The Company will recognize an impairment loss on real estate assets held for sale when the carrying value is greater than the fair value, which is based on the estimated sales price of the property, which is classified within Level 2 of the fair value hierarchy. The Company assesses the carrying value of real estate assets and related intangibles whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable in accordance with GAAP. Impairment losses are recorded on real estate assets held for investment when indicators of impairment are present and the future undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount. The Company recognizes impairment losses to the extent the carrying amount exceeds the fair value, based Level 2 inputs. According to ASC 205, Presentation of Financial Statements , the Company does not present the operating results in net loss from discontinued operations for disposals if they do not represent a strategic shift in the Company’s business. There were no discontinued operations for the years ended December 31, 2023, 2022 and 2021. Impairment of Long-Lived Assets The Company assesses the carrying value of real estate assets and related intangibles for impairment on a quarterly basis and whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable over the life of the asset or its intended holding period. We evaluate our real estate assets for impairment on a property-by-property basis. Indicators we consider to determine whether an impairment evaluation is necessary include, but are not limited to, deterioration in operating cash flows, low occupancy levels, significant near-term lease expirations, default or bankruptcy by a significant tenant and expectations that, more likely than not, a property will be sold or otherwise disposed of before the end of its previously estimated useful life or hold period. If impairment indicators are present for a specific real estate asset, we perform a recoverability test by comparing the carrying value of the asset group to the asset group’s estimated undiscounted future cash flows over the anticipated hold period. If the carrying value exceeds the estimated undiscounted future cash flows, we then compare the carrying value to the asset group’s estimated fair value and recognize an impairment loss for the amount by which the carrying value exceeds the fair value. The future cash flows utilized in the evaluation of recoverability and the measurement of fair value are highly subjective and are based on assumptions regarding anticipated hold periods, future occupancy, future rental rates, future capital requirements, discount rates and capitalization rates, which are considered Level 2 and Level 3 inputs within the fair value hierarchy. Given the level of sensitivity in the inputs, a change in the value of any one input, in isolation or in combination, could significantly affect the overall estimation of the undiscounted future cash flows and fair value of an asset group. Goodwill and Acquired Intangible Assets Goodwill is an unidentifiable intangible asset and is recognized as a residual, generally measured as the excess of consideration transferred in a business combination over the identifiable assets acquired and liabilities assumed. Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination. The Company tests its goodwill and indefinite-lived intangible assets for impairment at least annually, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Goodwill is tested for impairment at the reporting unit to which it is assigned, which can be an operating segment or one level below an operating segment. The Company has three operating segments: the management entity, Office and Studio, each of which is a reporting unit. The Studio reporting unit consists of the Zio Entertainment Network, LLC (“Zio”) and Star Waggons, LLC (“Star Waggons”) businesses acquired during the year ended December 31, 2021 and the Quixote Studios, LLC (“Quixote”) business acquired during the year ended December 31, 2022. The assessment of goodwill for impairment may initially be performed based on qualitative factors to determine if it is more likely than not that the fair value of the reporting unit is less than its carrying value, including goodwill. If so, a quantitative assessment is performed, and to the extent the carrying value of the reporting unit exceeds its fair value, impairment is recognized for the excess up to the amount of goodwill assigned to the reporting unit. Alternatively, the Company may bypass a qualitative assessment and proceed directly to a quantitative assessment. A qualitative assessment considers various factors such as macroeconomic, industry and market conditions to the extent they affect the earnings performance of the reporting unit, changes in business strategy and/or management of the reporting unit, changes in composition or mix of revenues and/or cost structure of the reporting unit, financial performance and business prospects of the reporting unit, among other factors. In a quantitative assessment, significant judgment, assumptions and estimates are applied in determining the fair value of reporting units. The Company generally uses the income approach to estimate fair value by discounting the projected net cash flows of the reporting unit, and may corroborate with market-based data where available and appropriate. Projection of future cash flows is based upon various factors, including, but not limited to, our strategic plans in regard to our business and operations, internal forecasts, terminal year residual revenue multiples, operating profit margins, pricing of similar businesses and comparable transactions where applicable, and risk-adjusted discount rates to present value future cash flows. Given the level of sensitivity in the inputs, a change in the value of any one input, in isolation or in combination, could significantly affect the overall estimation of fair value of the reporting unit. As of December 31, 2023, December 31, 2022, and December 31, 2021, the carrying value of goodwill was $264.1 million, $263.5 million and $109.4 million, respectively. During the year ended December 31, 2022, the carrying value of goodwill increased by $154.1 million primarily due to the acquisition of Quixote. No impairment resulted during the years ended December 31, 2023, 2022 and 2021. Intangible assets with finite lives are amortized over their estimated useful lives using the straight-line method, which reflects the pattern in which the assets are consumed. The estimated useful lives for acquired intangible assets range from five Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents are defined as cash on hand and in banks, plus all short-term investments with a maturity of three months or less when purchased. Restricted cash primarily consists of amounts held by lenders to fund reserves such as capital improvements, taxes, insurance, debt service and operating expenditures. The Company maintains some of its cash in bank deposit accounts that, at times, may exceed the federally insured limit. No losses have been experienced related to such accounts. The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented: December 31, 2023 2022 2021 BEGINNING OF THE PERIOD Cash and cash equivalents $ 255,761 $ 96,555 $ 113,686 Restricted cash 29,970 100,321 35,854 TOTAL $ 285,731 $ 196,876 $ 149,540 END OF THE PERIOD Cash and cash equivalents $ 100,391 $ 255,761 $ 96,555 Restricted cash 18,765 29,970 100,321 TOTAL $ 119,156 $ 285,731 $ 196,876 Receivables The Company accounts for receivables related to rental revenues according to Accounting Standards Codification (“ASC”) 842, Leases (“ASC 842”). The guidance requires the Company to assess, at lease commencement and subsequently, collectability of future lease payments from its tenants. If the Company determines collectability is not probable, it recognizes an adjustment to lower income from rentals. For amounts deemed probable of collection, the Company may also record an allowance under other authoritative GAAP based on the evaluation of individual receivables, including specific credit enhancements and other relevant factors. Accounts Receivable, net As of December 31, 2023, accounts receivable was $25.0 million and there was a $0.4 million allowance for doubtful accounts. As of December 31, 2022, accounts receivable was $16.9 million and there was $0.1 million allowance for doubtful accounts. Straight-line Rent Receivables, net As of December 31, 2023, straight-line rent receivables was $220.8 million and there was a no allowance for doubtful accounts. As of December 31, 2022, straight-line rent receivables was $279.9 million and there was no allowance for doubtful accounts. Prepaid Expenses and Other Assets, net The following table represents the Company’s prepaid expenses and other assets, net as of: December 31, 2023 December 31, 2022 Non-real estate investments $ 48,581 $ 47,329 Deferred tax assets 2,412 5,317 Interest rate derivative assets 6,441 9,292 Prepaid insurance 10,611 6,530 Deferred financing costs, net 4,316 5,824 Prepaid property tax 2,075 2,041 Stock purchase warrant — 95 Other 19,709 22,409 PREPAID EXPENSES AND OTHER ASSETS, NET $ 94,145 $ 98,837 Non-Real Estate Investments The Company measures its investments in common stock and convertible preferred stock at fair value based on Level 1 and Level 2 inputs, respectively. The Company measures its investments in funds that do not have a readily determinable fair value using the Net Asset Value (“NAV”) practical expedient and uses NAV reported without adjustment unless it is aware of information indicating the NAV reported does not accurately reflect the fair value of the investment. Changes in the fair value of these non-real estate investments are included in unrealized (loss) gain on non-real estate investments on the Consolidated Statements of Operations. The Company recognized a net unrealized loss of $3.0 million, a net unrealized gain of $0.2 million and a net unrealized gain of $14.9 million for the years ended December 31, 2023, 2022 and 2021, respectively, due to the observable changes in fair value. Over the life of the investments, the Company has recognized a net unrealized gain of $10.8 million due to the observable changes in fair value. Stock Purchase Warrants The Company holds investments in stock purchase warrants that give the Company rights to purchase a fixed number of shares of common stock of a non-real estate investee. The warrants meet the definition of a derivative and are measured at fair value based on Level 2 inputs. Changes in the fair value of the derivative assets are included in unrealized (loss) gain on non-real estate investments on the Consolidated Statements of Operations. The Company recognized an unrealized loss of $0.1 million, an unrealized loss of $1.6 million and an unrealized gain of $1.7 million for the years ended December 31, 2023, 2022 and 2021, respectively, due to the observable changes in fair value. Lease Accounting The Company accounts for its leases under ASC 842, which requires companies to identify lease and non-lease components of a lease agreement. Lease components relate to the right to use the leased asset whereas non-lease components relate to payments for goods or services that are transferred separately from the right to use the underlying asset. For lessors, the guidance provides for a practical expedient, by class of underlying asset, to elect a combined single lease component presentation if (i) the timing and pattern of the transfer of the combined single lease component is the same, and (ii) the related lease component, if accounted for separately, would be classified as an operating lease. The practical expedient was elected only for the Company’s leases related to the office properties. For the Company’s studio properties, the timing and pattern of the transfer of the lease components and non-lease components for studio properties are not the same and therefore the Company did not elect this practical expedient for the Company’s studio properties. The standalone selling price related to the studio non-lease components is readily available and does not require estimates. Lessee Accounting The Company determines if an arrangement is a lease at inception. The Company’s operating lease agreements relate to ground leases, sound stage leases, office leases and other facility leases and are reflected in operating lease right-of-use (“ROU”) assets and operating lease liabilities on the Consolidated Balance Sheets. For leases with a term of 12 months or less, the Company makes an accounting policy election by class of underlying asset, not to recognize ROU assets and lease liabilities. The Company recognizes lease expense for such leases generally on a straight-line basis over the lease term. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Many of the Company’s lessee agreements include options to extend the lease, which the Company does not include in its minimum lease terms unless the option is reasonably certain to be exercised. Variable lease payments are excluded from the ROU assets and lease liabilities and are recognized in the period in which the obligation for those payments is incurred. As the Company’s leases do not provide an implicit rate, the Company determines its incremental borrowing rate

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Business Combinations	Business Combinations Quixote Acquisition On August 31, 2022 (“Quixote Acquisition Date”), the Company acquired 100% of the equity interests in Quixote, which rents sound stages, cast trailers and trucks and other equipment essential for media content production and will expand the Company’s service offerings for its studio platform. The following table summarizes the Quixote Acquisition Date fair value of the consideration transferred in connection with the acquisition: Cash $ 199,098 Seller note 160,000 Total consideration $ 359,098 The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the Quixote Acquisition Date: Cash and cash equivalents $ 5,780 Accounts receivable 7,238 Prepaid expenses and other assets 3,788 Investment in real estate (1) 47,741 Non-real estate property, plant and equipment 65,939 Intangible assets 76,900 Right-of-use assets 106,115 Total assets acquired 313,501 Accounts payable, accrued liabilities and other $ 12,700 Lease liabilities 95,112 Total liabilities assumed 107,812 Net identifiable assets acquired $ 205,689 Goodwill 153,409 NET ASSETS ACQUIRED $ 359,098 _____________ 1. Represents leasehold improvements related to Quixote’s leasehold interests in studio properties. Of the $76.9 million of intangible assets acquired as part of the Quixote acquisition, $28.6 million was assigned to the registered trade name, which is not subject to amortization. The remaining $48.3 million of acquired intangible assets includes customer relationships of $45.4 million (seven-year useful life) and non-compete agreements of $2.9 million (five-year weighted-average useful life). The finite-lived intangible assets are subject to a weighted-average useful life of approximately seven years. Goodwill of $153.4 million for the Quixote acquisition was recognized in connection with the transaction. The goodwill recognized is attributable to expected synergies and the assembled workforce of Quixote. The goodwill has been allocated to the studio reporting unit. Goodwill is deductible for tax purposes and, as a result, deferred taxes have been recorded. During the year ended December 31, 2022, the Company recognized acquisition-related costs of $8.7 million for the Quixote acquisition. These costs are included in transaction-related expenses on the Consolidated Statement of Operations. The amounts of revenue and loss from operations of Quixote included in the Company’s Consolidated Statement of Operations from the Quixote Acquisition Date to December 31, 2022 are as follows: Revenue $ 33,200 Loss from operations $ (5,290) The following represents the pro forma Consolidated Statements of Operations as if the results of operations of Quixote had been included in the consolidated results of the Company for the years ended December 31, 2022 and 2021: Year Ended Year Ended Revenue $ 1,090,857 $ 982,985 Net (loss) income $ (17,715) $ 38,508

Investment in Real Estate

Investment in Real Estate	12 Months Ended
	Dec. 31, 2023
Real Estate [Abstract]
Investment in Real Estate	Investment in Real Estate The following table summarizes the Company’s investment in real estate, at cost as of: December 31, 2023 December 31, 2022 Land $ 1,220,339 $ 1,397,714 Building and improvements 5,969,364 6,273,655 Tenant and leasehold improvements 818,653 868,193 Furniture and fixtures 8,609 9,639 Property under development 195,931 167,371 INVESTMENT IN REAL ESTATE, AT COST $ 8,212,896 $ 8,716,572 Acquisitions of Real Estate The Company had no acquisitions of real estate during the year ended December 31, 2023. On April 27, 2022, the Company completed its previously announced acquisition of Washington 1000, a fully entitled office development site in Seattle, Washington for a total purchase price of $85.6 million, before certain credits, prorations and closing costs. On May 19, 2022, the Company purchased a parcel of land at Sunset Gower Studios that was previously encumbered by a ground lease for a total purchase price of $22.0 million, before certain credits, prorations and closing costs. On July 15, 2022, the Company purchased 5801 Bobby Foster Road, approximately 29 acres of land with an office/warehouse located in Albuquerque, New Mexico, for the storage of trailers and other rental assets used to serve the surrounding studio production industry. The property was acquired for a total purchase price of $8.0 million, before certain credits, prorations and closing costs. The following table represents the Company’s final purchase price accounting for the asset acquisitions completed in 2022: Washington 1000 Sunset Gower Studios Land 5801 Bobby Foster Road TOTAL ACQUISITION COST (1) $ 86,313 $ 22,156 $ 8,457 Relative fair value allocation Land $ 59,987 $ 22,156 $ 2,189 Building and improvements 11,053 — 6,268 Parking easement (2) 15,273 — — TOTAL $ 86,313 $ 22,156 $ 8,457 _____________ 1. Includes capitalized transaction-related expenses. 2. Parking easement has an indefinite useful life and is recorded in deferred leasing costs and intangible assets, net on the Consolidated Balance Sheet. Impairment of Long-Lived Assets During the year ended December 31, 2023, the Company recorded an impairment charge of $48.5 million related to the tangible assets of its Foothill Research Center property due to a reduction in the estimated fair value of the property. The estimated fair value of $32.7 million was based on a discounted cash flow analysis, which is classified within Level 3 of the fair value hierarchy. During the year ended December 31, 2022, the Company recorded impairment charges of $13.0 million, $1.5 million and $3.1 million related to the tangible assets of its Del Amo, Northview Center and 6922 Hollywood office properties, respectively, due to reductions in the estimated fair values of the properties. The properties were subsequently sold in 2022. The estimated fair values of $2.8 million, $46.0 million and $96.0 million for Del Amo, Northview Center and 6922 Hollywood, respectively, were based on the sales prices of the properties. These fair value measurements are classified within Level 2 of the fair value hierarchy. During the year ended December 31, 2021, the Company recorded $2.8 million of impairment charges related to the tangible assets of its Del Amo office property due to a reduction in the estimated fair value of the property. The estimated fair value of $17.4 million as of December 31, 2021 was based on then-estimated sales price of the property. This fair value measurement is classified within Level 2 of the fair value hierarchy. Dispositions of Real Estate The following table summarizes information on dispositions completed during the years ended December 31, 2023 and 2022. Property Segment Date of Disposition Square Feet (unaudited) Sales Price (1) (in millions) Gain (Loss) on Sale (2) (in millions) 2023 Dispositions Skyway Landing Office 2/6/2023 246,997 $ 102.0 $ 7.0 604 Arizona Office 8/24/2023 44,260 32.5 10.3 3401 Exposition Office 8/25/2023 63,376 40.0 5.8 Cloud10 Office 11/21/2023 350,000 43.5 19.9 One Westside & Westside Two Office 12/27/2023 686,725 700.0 60.2 Total $ 918.0 $ 103.2 2022 Dispositions Del Amo Office 8/5/2022 113,000 $ 2.8 $ — Northview Office 8/30/2022 179,985 46.0 (0.2) 6922 Hollywood Office 10/20/2022 205,189 96.0 (2.0) Total $ 144.8 $ (2.2) _____________ 1. Represents gross sales price before certain credits, prorations and closing costs. 2. Included within gain (loss) on sale of real estate on the Consolidated Statement of Operations. Held for Sale As of December 31, 2023, the Company had no properties that met the criteria to be classified as held for sale. The Company had one property, Skyway Landing, classified as held for sale as of December 31, 2022. The property was identified as non-strategic to the Company’s portfolio and was subsequently sold on February 6, 2023. The following table summarizes the components of assets and liabilities associated with real estate held for sale as of December 31, 2022: ASSETS Investment in real estate, net $ 92,148 Accounts receivable, net 112 Straight-line rent receivables, net 460 Deferred leasing costs and intangible assets, net 501 Prepaid expenses and other assets, net 17 ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 93,238 LIABILITIES Accounts payable, accrued liabilities and other $ 400 Security deposits and prepaid rent 265 LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 665

Non-Real Estate Property, Plant

Non-Real Estate Property, Plant and Equipment, net	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Non-Real Estate Property, Plant and Equipment, net	Non-Real Estate Property, Plant and Equipment, net The following table summarizes the Company’s non-real estate property, plant and equipment, net as of: December 31, 2023 December 31, 2022 Trailers $ 70,462 $ 68,973 Production equipment 37,100 36,019 Trucks and other vehicles 20,044 20,306 Leasehold improvements 15,888 16,993 Furniture, fixtures and equipment 6,112 5,849 Other equipment 6,959 5,693 Non-real estate property, plant and equipment, at cost 156,565 153,833 Accumulated depreciation (37,782) (23,544) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 118,783 $ 130,289 Non-real estate property, plant and equipment is carried at cost less accumulated depreciation. The Company computes depreciation using the straight-line method over the estimated useful lives of the assets, which range from three

Investment in Unconsolidated Re

Investment in Unconsolidated Real Estate Entities	12 Months Ended
	Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Real Estate Entities	Investment in Unconsolidated Real Estate Entities The following table summarizes the Company’s investments in unconsolidated joint ventures: Property Property Type Submarket Ownership Interest Functional Currency Sunset Waltham Cross Studios Development Broxbourne, United Kingdom 35% Pound sterling (1) Sunset Glenoaks Studios Development Sun Valley 50% U.S. dollar (2)(3) Bentall Centre Operating Property Downtown Vancouver 20% Canadian dollar (2)(4) Sunset Pier 94 Studios Development Manhattan 51% U.S dollar (4)(5) __________________ 1. The Company owns 35% of the ownership interests in each of the joint venture entities that own the Sunset Waltham Cross Studios and the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. 2. The Company serves as the operating member of this joint venture. 3. The Company has provided various guarantees for this joint venture’s construction loan, including a completion guarantee, equity guarantee and recourse carve-out guarantee. The likelihood of loss relating to the completion guarantee is remote as of December 31, 2023. 4. The Company has guaranteed the joint venture’s outstanding indebtedness in the amount of $96.4 million at Bentall Centre and $26 thousand at Sunset Pier 94 Studios, respectively. The likelihood of loss relating to the guarantees is remote as of December 31, 2023. 5. As of August 28, 2023, the Company owns 51% of the ownership interests in an upper-tier joint venture entity that owns 50.1% of the ownership interests in the lower-tier joint venture entity that owns the Sunset Pier 94 Studios development. The Company’s resulting economic interest in the development is 25.6%. The Company has provided various guarantees for the lower-tier joint venture’s construction loan, including a completion guarantee, recourse guarantee and guaranty of interest and carry. The likelihood of loss relating to the completion guarantee is remote as of December 31, 2023. The Company’s maximum exposure related to its unconsolidated joint ventures is limited to its investment and the guarantees provided in relation to the joint ventures’ indebtedness. The Company’s investments in foreign real estate entities are subject to foreign currency fluctuation risk. Such investments are translated into U.S. dollars at the exchange rate in effect as of the financial statement date. The Company’s share of the (loss) income from foreign unconsolidated real estate entities is translated using the monthly-average exchange rate for the periods presented. Gains or losses resulting from the translation are classified in accumulated other comprehensive loss as a separate component of total equity and are excluded from net (loss) income. The Company held ownership interests in other immaterial unconsolidated joint ventures in the total of $0.1 million as of December 31, 2023 and 2022, respectively. The table below presents the combined and condensed balance sheets for the Company’s unconsolidated joint ventures: December 31, 2023 December 31, 2022 ASSETS Investment in real estate, net $ 1,295,449 $ 1,093,448 Other assets 40,790 62,870 TOTAL ASSETS 1,336,239 1,156,318 LIABILITIES Secured debt, net 564,949 527,985 Other liabilities 46,947 49,027 TOTAL LIABILITIES 611,896 577,012 Company’s capital (1) 225,898 170,656 Partner's capital 498,445 408,650 TOTAL CAPITAL 724,343 579,306 TOTAL LIABILITIES AND CAPITAL $ 1,336,239 $ 1,156,318 _____________ 1. To the extent the Company’s cost basis is different from the basis reflected at the joint venture level, the basis is amortized over the life of the related asset and is included in the income from unconsolidated real estate entities line item on the Consolidated Statements of Operations. The table below presents the combined and condensed statements of operations for the Company’s unconsolidated joint ventures: Year Ended December 31, 2023 2022 2021 TOTAL REVENUES $ 70,200 $ 83,441 $ 80,901 TOTAL EXPENSES (88,876) (78,083) (70,934) NET (LOSS) INCOME $ (18,676) $ 5,358 $ 9,967

Deferred Leasing Costs and Inta

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net	Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net The following summarizes the Company’s deferred leasing costs and intangibles as of: December 31, 2023 December 31, 2022 Deferred leasing costs and in-place lease intangibles $ 290,969 $ 328,617 Accumulated amortization (150,457) (141,353) Deferred leasing costs and in-place lease intangibles, net 140,512 187,264 Below-market ground leases 77,943 79,562 Accumulated amortization (20,733) (17,979) Below-market ground leases, net 57,210 61,583 Above-market leases 673 724 Accumulated amortization (376) (324) Above-market leases, net 297 400 Customer relationships 97,900 97,900 Accumulated amortization (26,363) (12,346) Customer relationships, net 71,537 85,554 Non-competition agreements 8,200 8,200 Accumulated amortization (3,279) (1,632) Non-competition agreements, net 4,921 6,568 Trade name 37,200 37,200 Parking easement 15,273 15,273 DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 326,950 $ 393,842 Below-market leases $ 58,833 $ 59,540 Accumulated amortization (31,785) (26,195) Below-market leases, net 27,048 33,345 Above-market ground leases 1,095 1,095 Accumulated amortization (392) (349) Above-market ground leases, net 703 746 INTANGIBLE LIABILITIES, NET $ 27,751 $ 34,091 The Company recognized the following amortization related to deferred leasing costs and intangibles: For the Year Ended December 31, 2023 2022 2021 Deferred leasing costs and in-place lease intangibles (1) $ (36,791) $ (40,171) $ (45,128) Below-market ground leases (2) $ (2,795) $ (2,775) $ (2,410) Above-market leases (3) $ (62) $ (124) $ (167) Customer relationships (1) $ (14,017) $ (9,662) $ (2,684) Non-competition agreements (1) $ (1,647) $ (1,253) $ (379) Below-market leases (3) $ 6,297 $ 8,156 $ 12,032 Above-market ground leases (2) $ 43 $ 43 $ 43 _____________ 1. Amortization is recorded in depreciation and amortization expenses and for lease incentive costs in office rental revenues on the Consolidated Statements of Operations. 2. Amortization is recorded in office operating expenses on the Consolidated Statements of Operations. 3. Amortization is recorded in office rental revenues on the Consolidated Statements of Operations. The following table provides information regarding the Company’s estimated future amortization of deferred leasing costs and intangibles as of December 31, 2023: For the Year Ended December 31, Deferred Leasing Costs and In-place Lease Intangibles Below-market Ground Leases Above-market Leases Customer relationships Non-competition agreements Below-market Leases Above-market Ground Leases 2024 $ (27,533) $ (2,754) $ (57) $ (13,986) $ (1,640) $ 5,119 $ 43 2025 (21,242) (2,754) (49) (13,986) (1,640) 4,157 43 2026 (17,978) (2,754) (44) (13,986) (1,261) 3,981 43 2027 (15,184) (2,754) (43) (13,986) (380) 3,913 43 2028 (12,982) (2,754) (32) (11,301) — 3,832 43 Thereafter (45,593) (43,440) (72) (4,292) — 6,046 488 TOTAL $ (140,512) $ (57,210) $ (297) $ (71,537) $ (4,921) $ 27,048 $ 703 During the year ended December 31, 2023, the Company recognized an impairment loss of $2.7 million related to the deferred leasing costs and intangible assets of its Foothill Research Center property. See Note 4 for details. The loss is recorded within impairment loss on the Consolidated Statements of Operations. During the year ended December 31, 2022, the Company recognized an $8.5 million impairment of the Zio trade name within impairment loss on the Consolidated Statement of Operations. The impairment is related to the announced rebranding and integration of Zio into the Company’s existing Sunset Studios platform, after which the Company will no longer use the Zio trade name. During the year ended December 31, 2022, the Company recognized an impairment loss of $2.4 million related to the below-market ground lease at its Del Amo office property. During the year ended December 31, 2021, the Company recognized an impairment loss of $0.4 million related to the below-market ground lease at its Del Amo office property. See Note 4 for details. The losses are recorded within impairment loss on the Consolidated Statements of Operations.

Debt

Debt	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt	Debt The following table sets forth information with respect to our outstanding indebtedness: December 31, 2023 December 31, 2022 Interest Rate (1) Contractual Maturity Date (2) UNSECURED AND SECURED DEBT Unsecured debt Unsecured revolving credit facility (3)(4) $ 192,000 $ 385,000 SOFR + 1.15% to 1.60% 12/21/2026 (5) Series A notes — 110,000 4.34% 1/2/2023 Series B notes 259,000 259,000 4.69% 12/16/2025 Series C notes 56,000 56,000 4.79% 12/16/2027 Series D notes 150,000 150,000 3.98% 7/6/2026 Series E notes — 50,000 3.66% 9/15/2023 3.95% Registered senior notes 400,000 400,000 3.95% 11/1/2027 4.65% Registered senior notes 500,000 500,000 4.65% 4/1/2029 3.25% Registered senior notes 400,000 400,000 3.25% 1/15/2030 5.95% Registered senior notes (6) 350,000 350,000 5.95% 2/15/2028 Total unsecured debt 2,307,000 2,660,000 Secured debt Hollywood Media Portfolio 1,100,000 1,100,000 SOFR + 1.10% 8/9/2026 (7) Acquired Hollywood Media Portfolio debt (30,233) (209,814) SOFR + 2.11% 8/9/2026 (7) Hollywood Media Portfolio, net (8)(9) 1,069,767 890,186 One Westside and Westside Two (10) — 316,602 SOFR + 1.60% 12/18/2024 Element LA 168,000 168,000 4.59% 11/6/2025 1918 Eighth (11) 314,300 314,300 SOFR + 1.40% 12/18/2025 Hill7 (12) 101,000 101,000 3.38% 11/6/2028 Quixote (13) — 160,000 5.00% 12/31/2023 Total secured debt 1,653,067 1,950,088 Total unsecured and secured debt 3,960,067 4,610,088 Unamortized deferred financing costs/loan discounts (14) (14,753) (24,226) TOTAL UNSECURED AND SECURED DEBT, NET $ 3,945,314 $ 4,585,862 JOINT VENTURE PARTNER DEBT (15) $ 66,136 $ 66,136 4.50% 10/9/2032 (16) _____________ 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 December 31, 2023, which may be different than the interest rates as of December 31, 2022 for corresponding indebtedness. 2. Maturity dates include the effect of extension options. 3. The annual facility fee rate ranges from 0.15% or 0.30% based on the operating partnership’s leverage ratio. The Company has an option to make an irrevocable election to change the interest rate depending on the Company’s credit rating or a specified base rate plus an applicable margin. As of December 31, 2023, no such election had been made and the unsecured revolving credit facility bore interest at SOFR + 1.35%. 4. The Company has a total capacity of $900.0 million available under its unsecured revolving credit facility, up to $225.0 million of which can be used for borrowings in pounds sterling or Canadian dollars. Subject to the satisfaction of certain conditions and lender commitments, the operating partnership may increase the commitments held under the Amended and Restated Credit Agreement up to a total of $2.0 billion either in the form of an increase to an existing unsecured revolving credit facility or a new loan, including a term loan. 5. Includes the option to extend the initial maturity date of December 21, 2025 twice for an additional six-month term each. 6. An amount equal to the net proceeds from the 5.95% registered senior notes has been allocated to new or existing eligible green projects. 7. Includes the option to extend the initial maturity date of August 9, 2023 three times for an additional one-year term each. The first extension option was executed as of August 9, 2023. 8. As of December 31, 2023 and December 31, 2022, the Company owned bonds comprising the loan in the amounts of $30.2 million and $209.8 million, respectively. 9. The floating interest rate on $539.0 million of principal has been capped at 5.70% through the use of an interest rate cap. The floating interest rate on $351.2 million of principal is effectively fixed at 3.31% through the use of an interest rate swap. 10. The construction loan was settled in full in December 2023 with the proceeds from sale of the One Westside and Westside Two properties. 11. This loan is interest-only through its term. The floating interest rate on $141.4 million of principal has been capped at 5.00% through the use of an interest rate cap. The floating interest rate on the remaining $172.9 million of principal has been effectively fixed at 3.75% through the use of an interest rate swap. 12. This loan bears interest only at 3.38% until November 6, 2026, at which time the interest rate will increase and monthly debt service will include principal payments with a balloon payment at maturity. 13. The note was settled in April 2023 for consideration of $150.0 million, a $10.0 million discount on the note’s principal balance. 14. Excludes deferred financing costs related to establishing the Company’s unsecured revolving credit facility, which are reflected in prepaid expenses and other assets, net on the Consolidated Balance Sheets. See Note 2 for details. 15. This amount relates to debt attributable to Allianz U.S. Private REIT LP (“Allianz”), the Company’s partner in the joint venture that owns the Ferry Building property. 16. Includes the option to extend the initial maturity date of October 9, 2028 twice for an additional two-year term each. Current Year Activity During the year ended December 31, 2023, there were $193.0 million of repayments on the unsecured revolving credit facility, net of borrowings. The Company generally uses the unsecured revolving credit facility to finance the acquisition of properties and businesses, to provide funds for tenant improvements and capital expenditures and to provide for working capital and other corporate purposes. In January 2023, the Company repaid its $110.0 million Series A notes in full. In April 2023, the Company settled the Quixote note for consideration of $150.0 million, a $10.0 million discount on the note’s principal balance, which resulted in a gain on extinguishment of debt of $10.0 million during the year ended December 31, 2023. The Company drew on its unsecured revolving credit facility to fund the settlement. In July 2023, the Company modified the existing loan agreement secured by the Hollywood Media Portfolio, whereby the LIBOR-based floating interest rate was replaced with a term SOFR-based floating interest rate. The Company applied the relief provisions of ASC 848, Reference Rate Reform , and accounted for this modification as a continuation of the existing loan agreement. In September 2023, the Company repaid its $50.0 million Series E notes in full. In November 2023, the Company sold $179.6 million of the acquired Hollywood Media Portfolio debt and recorded a $34.0 million loss in connection with this sale on the Consolidated Statement of Operations for the year ended December 31, 2023. In December 2023, the Company entered into the Second Modification to the Fourth Amended and Restated Credit Agreement governing its unsecured revolving credit facility, whereby certain definitions and covenant calculations were amended and the borrowing capacity of the unsecured revolving credit facility was reduced to $900.0 million. In December 2023, the Company repaid its $324.6 million One Westside and Westside Two construction loan in connection with the sale of these properties. Indebtedness The Company presents its financial statements on a consolidated basis. Notwithstanding such presentation, except to the extent expressly indicated, 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 loans 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 provides information regarding the Company’s future minimum principal payments due on the Company’s debt (after the impact of extension options, if applicable) as of December 31, 2023: For the Year Ended December 31, Unsecured and Secured Debt Joint Venture Partner Debt 2024 $ — $ — 2025 741,300 — 2026 1,411,767 — 2027 456,000 — 2028 451,000 — Thereafter 900,000 66,136 TOTAL $ 3,960,067 $ 66,136 Unsecured Debt Credit Facility The operating partnership continues to be the borrower under its credit facility agreement, 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 Standard & Poor’s (“S&P”) or Baa3 from Moody’s, in which case such guarantees are not required except under limited circumstances. As of December 31, 2023, the Company’s S&P and Moody’s ratings were BB+ and Ba1, respectively. On January 12, 2024, S&P downgraded our credit rating from “BB+” to “BB”. Note Purchase Agreements The operating partnership may prepay at any time all or, from time to time, any part of the note purchase agreements in an amount not less than 5% of the aggregate principal amount of any series of note purchase agreements then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid plus a make-whole premium. The operating partnership’s obligations under note purchase agreements are fully and unconditionally guaranteed by the Company. Subsidiaries of the Company will also issue unconditional guarantees upon the occurrence of certain conditions, including such subsidiaries providing guarantees under the Amended and Restated Credit Agreement, by and among the operating partnership, the financial institutions party thereto, and Wells Fargo Bank, National Association as administrative agent. 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. 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 following table summarizes existing covenants and their covenant levels as of December 31, 2023 related to our unsecured revolving credit facility and term loans, when considering the most restrictive terms: Covenant Ratio Covenant Level Actual Performance Total liabilities to total asset value ≤ 65% 45.1% Unsecured indebtedness to unencumbered asset value ≤ 65% 41.8% Adjusted EBITDA to fixed charges ≥ 1.5x 1.9x Secured indebtedness to total asset value ≤ 45% 19.9% Unencumbered NOI to unsecured interest expense ≥ 2.0x 2.4x The following table summarizes existing covenants and their covenant levels as of December 31, 2023 related to our private placement notes: Covenant Ratio (1) Covenant Level Actual Performance Total liabilities to total asset value ≤ 65% 48.5% Unsecured indebtedness to unencumbered asset value ≤ 65% 51.3% Adjusted EBITDA to fixed charges ≥ 1.5x 1.9x Secured indebtedness to total asset value ≤ 45% 21.4% Unencumbered NOI to unsecured interest expense ≥ 2.0x 2.4x _________________ 1. The covenant and actual performance metrics above represent terms and definitions reflected in the indentures governing the Series B, Series C and Series D notes. The following table summarizes existing covenants and their covenant levels as of December 31, 2023 related to our registered senior notes: Covenant Ratio (1) Covenant Level Actual Performance Debt to total assets ≤ 60% 43.3% Total unencumbered assets to unsecured debt ≥ 150% 250.5% Consolidated income available for debt service to annual debt service charge ≥ 1.5x 1.9x Secured debt to total assets ≤ 45% 18.9% _________________ 1. The covenant and actual performance metrics above represent terms and definitions reflected in the indentures governing the 3.25% Senior Notes, 3.95% Senior Notes, 4.65% Senior Notes and 5.95% Senior Notes. The operating partnership was in compliance with its financial covenants as of December 31, 2023. Repayment Guarantees 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. The Company and certain of its subsidiaries guarantee the operating partnership’s unsecured debt. The likelihood of loss relating to this guarantee is remote as of December 31, 2023. Interest Expense The following table represents a reconciliation from gross interest expense to interest expense on the Consolidated Statements of Operations: Year Ended December 31, 2023 2022 2021 Gross interest expense (1) $ 224,801 $ 162,778 $ 133,165 Capitalized interest (32,253) (18,031) (21,689) Non-cash interest expense (2) 21,867 5,154 10,463 INTEREST EXPENSE $ 214,415 $ 149,901 $ 121,939 _________________ 1. Includes interest on the Company’s debt and hedging activities. 2. Includes the amortization of deferred financing costs and fair market value adjustments for our mark-to-market interest rate derivatives.

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company enters into derivatives in order to hedge interest rate risk. Derivative assets are recorded in prepaid expenses and other assets and derivative liabilities are recorded in accounts payable, accrued liabilities and other on the Consolidated Balance Sheets. The Company has agreements with its derivative counterparties that contain a provision where the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company’s default on the indebtedness. The Company’s derivatives are classified as Level 2 and their fair values are derived from estimated values obtained from observable market data for similar instruments. The fair market value of derivatives is presented on a gross basis on the Consolidated Balance Sheets. The following table summarizes the Company’s derivative instruments as of December 31, 2023 and December 31, 2022: Fair Value Assets (Liabilities) Underlying Debt Instrument Type of Instrument Accounting Policy Notional Amount Effective Date Maturity Date Interest Rate December 31, 2023 December 31, 2022 Hollywood Media Portfolio Cap Cash flow hedge $ 1,100,000 August 2021 August 2023 3.50% $ — $ 9,292 1918 Eighth Swap Cash flow hedge $ 172,865 February 2023 October 2025 3.75% 1,075 — 1918 Eighth Cap Partial cash flow hedge (1) $ 314,300 June 2023 December 2025 5.00% 952 — 1918 Eighth Sold cap (2) Mark-to-market $ 172,865 June 2023 December 2025 5.00% (520) — Hollywood Media Portfolio Cap Partial cash flow hedge (1) $ 1,100,000 August 2023 August 2024 5.70% 59 — Hollywood Media Portfolio Sold cap (2) Mark-to-market $ 561,000 August 2023 August 2024 5.70% (29) — Hollywood Media Portfolio Swap Cash flow hedge $ 351,186 August 2023 June 2026 3.31% 4,355 — TOTAL $ 5,892 $ 9,292 _____________ 1. $141,435 and $539,000 of the notional amounts of the 1918 Eighth and Hollywood Media Portfolio caps, respectively, have been designated as effective cash flow hedges for accounting purposes. The remainder of each is accounted for under mark-to-market accounting. 2. The sold caps serve to offset the changes in fair value of the portions of the 1918 Eighth and Hollywood Media Portfolio caps that are not designated as cash flow hedges for accounting purposes. The Company reclassifies unrealized gains and losses related to cash flow hedges into earnings in the same period during which the hedged forecasted transaction affects earnings. As of December 31, 2023, the Company expects $5.1 million of unrealized gain included in accumulated other comprehensive loss will be reclassified as a reduction to interest expense in the next 12 months.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes comprises the following components: Year ended December 31, 2023 Current federal $ 171 Current state 16 Deferred federal 4,776 Deferred state 1,833 Income tax provision $ 6,796 The Company recognized an income tax benefit of $7.5 million for the year ended December 31, 2022 and an income tax provision of $1.9 million for the year ended December 31, 2021 within other (expense) income on the Consolidated Statements of Operations. A reconciliation of the statutory federal income tax rate of 21% with the Company’s effective income tax rate is as follows: Year ended December 31, 2023 Income tax benefit computed at the federal statutory rate $ (34,420) Income tax benefit attributable to non-taxable entities 16,643 State income taxes, net of federal tax benefit (4,810) Valuation allowance 29,681 Other (298) Income tax provision $ 6,796 Significant components of the Company's deferred tax assets and liabilities are as follows: December 31, 2023 Deferred tax assets: Net operating loss and tax credit carryforwards $ 41,339 Depreciation and amortization 11,124 Prepaid rent 1,578 Other 122 Total deferred tax assets 54,163 Valuation allowance (29,477) Net deferred tax assets 24,686 Deferred tax liabilities: Depreciation and amortization (21,170) Unrealized gain on non-real estate investments (4,640) Other (169) Total deferred tax liabilities (25,979) Deferred tax asset, net $ (1,293) As of December 31, 2022, the Company had recorded a net deferred tax asset of $5.3 million, consisting of gross deferred tax assets of $16.9 million and gross deferred tax liabilities of $11.6 million, within prepaid expenses and other assets, net on the Consolidated Balance Sheet. Significant components of the Company’s deferred tax assets and liabilities relate to depreciation and amortization, unrealized gains and losses on non-real estate investments and net operating loss carryforwards. As of December 31, 2022, the Company had not recorded a valuation allowance against its deferred tax assets.

Future Minimum Rents and Lease

Future Minimum Rents and Lease Payments	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Future Minimum Rents and Lease Payments	Future Minimum Rents and Lease Payments The Company’s properties are leased to tenants under operating leases with initial term expiration dates ranging from 2024 to 2034. The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and termination fees related to tenants exercising early termination options) for properties as of December 31, 2023: Year Ended 2024 $ 573,546 2025 479,086 2026 421,643 2027 366,198 2028 305,730 Thereafter 636,918 TOTAL $ 2,783,121 Operating Lease Agreements The Company is party to long-term non-cancellable operating lease agreements in which it is a lessee, consisting of 12 ground leases, 10 sound stage leases, seven office leases and 17 other leases as of December 31, 2023. The Company’s operating lease obligations have expiration dates ranging from 2024 through 2067, including extension options which the Company is reasonably certain to exercise. Certain leases provide for variable rental payments based on third-party appraisals of fair market land value, CPI adjustments or a percentage of annual gross income. There are no notable restrictions or covenants imposed by the leases, nor guarantees of residual value. As of December 31, 2023, the present value of the remaining contractual payments of $715.3 million under the Company’s operating lease agreements was $389.2 million. The corresponding operating lease right-of-use assets amounted to $376.3 million. During the year ended December 31, 2023 the Company recorded an impairment charge of $9.0 million related to the right-of-use asset for the ground lease at its Foothill Research Center property. See Note 4 for details. The loss is recorded within impairment loss on the Consolidated Statements of Operations. The following table provides information regarding the Company’s future minimum lease payments for its operating leases (including the impact of the extension options which the Company is reasonably certain to exercise) as of December 31, 2023: For the Year Ended December 31, Lease Payments (1) 2024 $ 41,311 2025 40,551 2026 38,976 2027 36,303 2028 34,399 Thereafter 523,804 Total operating lease payments 715,344 Less: interest portion (326,134) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 389,210 _____________ 1. Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date. The following table summarizes rental expense for operating leases: For the Year Ended December 31, 2023 2022 2021 Variable rental expense $ 11,005 $ 9,854 $ 10,405 Minimum rental expense $ 45,145 $ 31,003 $ 21,482
Future Minimum Rents and Lease Payments	Future Minimum Rents and Lease Payments The Company’s properties are leased to tenants under operating leases with initial term expiration dates ranging from 2024 to 2034. The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and termination fees related to tenants exercising early termination options) for properties as of December 31, 2023: Year Ended 2024 $ 573,546 2025 479,086 2026 421,643 2027 366,198 2028 305,730 Thereafter 636,918 TOTAL $ 2,783,121 Operating Lease Agreements The Company is party to long-term non-cancellable operating lease agreements in which it is a lessee, consisting of 12 ground leases, 10 sound stage leases, seven office leases and 17 other leases as of December 31, 2023. The Company’s operating lease obligations have expiration dates ranging from 2024 through 2067, including extension options which the Company is reasonably certain to exercise. Certain leases provide for variable rental payments based on third-party appraisals of fair market land value, CPI adjustments or a percentage of annual gross income. There are no notable restrictions or covenants imposed by the leases, nor guarantees of residual value. As of December 31, 2023, the present value of the remaining contractual payments of $715.3 million under the Company’s operating lease agreements was $389.2 million. The corresponding operating lease right-of-use assets amounted to $376.3 million. During the year ended December 31, 2023 the Company recorded an impairment charge of $9.0 million related to the right-of-use asset for the ground lease at its Foothill Research Center property. See Note 4 for details. The loss is recorded within impairment loss on the Consolidated Statements of Operations. The following table provides information regarding the Company’s future minimum lease payments for its operating leases (including the impact of the extension options which the Company is reasonably certain to exercise) as of December 31, 2023: For the Year Ended December 31, Lease Payments (1) 2024 $ 41,311 2025 40,551 2026 38,976 2027 36,303 2028 34,399 Thereafter 523,804 Total operating lease payments 715,344 Less: interest portion (326,134) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 389,210 _____________ 1. Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date. The following table summarizes rental expense for operating leases: For the Year Ended December 31, 2023 2022 2021 Variable rental expense $ 11,005 $ 9,854 $ 10,405 Minimum rental expense $ 45,145 $ 31,003 $ 21,482

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: December 31, 2023 December 31, 2022 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate derivative assets (1) $ — $ 6,441 $ — $ 6,441 $ — $ 9,292 $ — $ 9,292 Interest rate derivative liabilities (2) $ — $ (549) $ — $ (549) $ — $ — $ — $ — Non-real estate investments measured at fair value (1) $ 1 $ — $ — $ 1 $ 544 $ — $ — $ 544 Stock purchase warrant (1) $ — $ — $ — $ — $ — $ 95 $ — $ 95 Earnout liability (2) $ — $ — $ (5,000) $ (5,000) $ — $ — $ (9,300) $ (9,300) Non-real estate investments measured at NAV (1)(3) $ — $ — $ — $ 48,580 $ — $ — $ — $ 46,785 _____________ 1. Included in prepaid expenses and other assets, net on the Consolidated Balance Sheets. 2. Included in accounts payable, accrued liabilities and other on the Consolidated Balance Sheets. 3. According to the relevant accounting standards, certain investments that are measured at fair value using the NAV practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets. Level 1 items include an investment in the common stock of a publicly traded company, which is valued on a quarterly basis using the closing stock price. Level 2 items include interest rate caps and swaps, which are valued on a quarterly basis using a linear regression model, as well as investments in preferred stock and warrants of a publicly traded company, which are valued on a quarterly basis using the closing stock price and a Black-Scholes model, respectively. Level 3 items include the earnout liability, which is valued on a quarterly basis using a probability-weighted discounted cash flow model. Inputs to the model include the discount rate and probability-weighted earnout payments based on a Monte Carlo simulation with one million trials. Fair value measurement using unobservable inputs is inherently uncertain, and a change in significant inputs could result in different fair values. The following table summarizes changes in the carrying amount of the earnout liability during the year ended December 31, 2023: Balance, December 31, 2022 $ (9,300) Remeasurement to fair value 4,300 Balance, December 31, 2023 $ (5,000) The remeasurement gain of $4.3 million recognized during the year ended December 31, 2023 is recorded in transaction-related expenses on the Consolidated Statements of Operations. 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. The fair values of debt 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 investment in securities and debt as of: December 31, 2023 December 31, 2022 Carrying Value Fair Value Carrying Value Fair Value Liabilities Unsecured debt (1) $ 2,307,000 $ 1,971,410 $ 2,660,000 $ 2,364,871 Secured debt (1) $ 1,653,067 $ 1,634,668 $ 1,950,088 $ 1,927,297 Consolidated joint venture partner debt $ 66,136 $ 59,966 $ 66,136 $ 60,327 _____________ 1. Amounts represent debt excluding unamortized deferred financing costs and loan discounts/premiums.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company’s 2010 Incentive Plan permits the Company’s board of directors (the “Board”) to grant, among other things, restricted stock, restricted stock units, operating partnership performance units and performance-based awards. As of December 31, 2023, 6.0 million common shares were available for grant under the 2010 Plan. The calculation of shares available for grant is determined after taking into account unvested restricted stock, unvested operating partnership performance units, and unvested RSUs, assuming the maximum bonus pool eligible ultimately is earned and based on a stock price of $9.31. 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 Non-Employee Director Compensation Program. The time-based awards are generally issued in the second quarter, in conjunction with the director’s election to the Board and the individual share awards vest in equal annual installments over the applicable service vesting period, which is three years. Additionally, certain non-employee Board members elect to receive operating partnership performance units in lieu of their annual cash retainer fees. These awards are generally issued in the first quarter of the year subsequent to the year in which they were earned and are fully-vested upon their issuance. The Board awards time-based restricted shares or time-based operating partnership performance units to certain employees on an annual basis as part of the employees’ annual compensation. These time-based awards are generally issued in the first or fourth quarter and vest in equal annual installments over the applicable service vesting period, which is generally three years. Additionally, certain awards are subject to a mandatory holding period upon vesting if the grantee is an executive officer. Lastly, certain employees elect to receive operating partnership performance units in lieu of their annual cash bonus. These awards are generally issued in the first or fourth quarter and are fully-vested upon their issuance. For the years 2020 through 2023, the compensation committee of the Board (“Compensation Committee”) adopted an annual Hudson Pacific Properties, Inc. Performance Stock Unit Plan (“PSU Plan”). Under the PSU Plan, the Compensation Committee awards restricted stock units or performance units in the operating partnership to certain employees. Annual PSU Plan grants made prior to 2023 consist of two portions. A portion of each award, the Relative Total Shareholder Return (“TSR”) Performance Unit, is eligible to vest based on the achievement of the Company’s TSR compared to the TSR of the FTSE NAREIT All Equity REITs index over a three-year performance period, with the vesting percentage subject to certain percentage targets. The remaining portion of each award, the Operational Performance Unit, becomes eligible to vest based on the achievement of operational performance metrics over a one-year performance period and vests over three years. The number of Operational Performance Units that becomes eligible to vest based on the achievement of operational performance metrics may be adjusted based on the Company’s achievement of absolute TSR goals over a three-year performance period by applying the applicable vesting percentages. The 2023 PSU Plan grants contain only an Operational Performance Unit, which is eligible to vest based on the achievement of operational metrics over a one-year performance period and vests over three years. The number of Operational Performance Units that becomes eligible to vest based on the achievement of operational performance metrics may be adjusted based on the Company’s achievement of the Company’s TSR compared to the TSR of the FTSE NAREIT All Equity REITs index over a three-year performance period. Certain of the awards granted under the PSU Plan are subject to a two-year post-vesting restriction period, during which any awards earned may not be sold or transferred. Time-Based Awards The stock-based compensation is valued based on the quoted closing price of the Company’s common stock on the applicable grant date and discounted for any hold restrictions in accordance with ASC 718. The stock-based compensation is amortized through the final vesting period on a straight-line basis. Forfeitures of awards are recognized as they occur. Performance-Based Awards PSU Plan The following table outlines key components of the 2023 PSU Plan: Operational Performance Unit Maximum bonus pool, in millions $15.0 Performance period 1/1/2023 to 12/31/2023 The following table outlines key components of the 2022 PSU Plan: Operational Performance Unit Relative TSR Performance Unit Maximum bonus pool, in millions $15.0 $15.0 Performance period 1/1/2022 to 12/31/2022 1/1/2022 to 12/31/2024 The following table outlines key components of the 2021 PSU Plan: Operational Performance Unit Relative TSR Performance Unit Maximum bonus pool, in millions $16.7 $16.7 Performance period 1/1/2021 to 12/31/2021 1/1/2021 to 12/31/2023 The stock-based compensation cost of the 2023, 2022 and 2021 PSU Plans was valued in accordance with ASC 718 utilizing a Monte Carlo simulation to estimate the probability of the performance vesting conditions being satisfied. The stock-based compensation is amortized through the final vesting period under a graded vesting expense recognition schedule. Forfeitures of awards are recognized as they occur. The per unit fair value of the 2023, 2022 and 2021 PSU awards granted was estimated on the date of grant using the following assumptions in the Monte Carlo simulation: 2023 2022 2021 Expected price volatility for the Company 40.00% 43.00% 41.00% Expected price volatility for the particular REIT index 27.00% 33.00% 31.00% Risk-free rate 3.44% 1.72% 0.17% Dividend yield 5.40% 3.60% 3.50% Summary of Unvested Share Activity The following table summarizes the activity and status of all unvested stock awards: 2023 2022 2021 Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Unvested at January 1 309,837 $ 23.14 507,534 $ 25.17 442,645 $ 27.44 Granted 618,316 7.54 50,915 20.15 276,800 23.90 Vested (35,888) 7.83 (234,741) 26.81 (203,329) 28.33 Canceled (198,430) 23.61 (13,871) 24.42 (8,582) 26.21 Unvested at December 31 693,835 $ 9.89 309,837 $ 23.14 507,534 $ 25.17 The following table summarizes the activity and status of all unvested time-based restricted operating partnership performance units: 2023 2022 2021 Units Weighted-Average Grant-Date Fair Value Units Weighted-Average Grant-Date Fair Value Units Weighted-Average Grant-Date Fair Value Unvested at January 1 357,656 $ 22.53 681,394 $ 24.91 771,432 $ 27.08 Granted 1,422,893 8.16 25,206 11.98 355,551 24.68 Vested (508,650) 14.11 (348,944) 26.42 (349,804) 29.85 Canceled — — — — (95,785) 23.49 Unvested at December 31 1,271,899 $ 9.82 357,656 $ 22.53 681,394 $ 24.91 Share-based Compensation Recorded The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: For the Year Ended December 31, 2023 2022 2021 Expensed stock compensation (1) $ 23,863 $ 24,296 $ 21,163 Capitalized stock compensation (2) 3,021 3,354 3,524 Total stock compensation (3) $ 26,884 $ 27,650 $ 24,687 _________________ 1. Amounts are recorded in general and administrative expenses, office operating expenses and studio operating expenses on the Consolidated Statements of Operations. 2. Amounts are recorded in investment in real estate, at cost on the Consolidated Balance Sheets. 3. Amounts are recorded in additional paid-in capital and non-controlling interest—units in the operating partnership on the Consolidated Balance Sheets. As of December 31, 2023, total unrecognized compensation cost related to unvested share-based payments was $24.9 million. It is expected to be recognized over a weighted-average period of two years.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Hudson Pacific Properties, Inc. The Company calculates basic earnings per share using the two-class method by dividing the net income available to common stockholders for the period by the weighted average number of common shares outstanding during the period. Unvested time-based restricted stock awards, unvested time-based performance unit awards and unvested restricted stock units (“RSUs”) that contain non-forfeitable rights to dividends are participating securities and are included in the computation of earnings per share pursuant to the two-class method. The Company calculates diluted earnings per share using the two-class method or the treasury stock and if-converted method, whichever results in more dilution. For the years ended December 31, 2023, 2022 and 2021, both methods of calculation yielded the same diluted earnings per share amount. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, where such exercise or conversion would result in a lower earnings per share amount. The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share to net (loss) income available to common stockholders: For the Year Ended December 31, 2023 2022 2021 Numerator: Basic and diluted net (loss) income available to common stockholders $ (192,181) $ (56,499) $ 6,064 Denominator: Basic weighted average common shares outstanding 140,953,088 143,732,433 151,618,282 Effect of dilutive instruments (1) — — 325,078 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 140,953,088 143,732,433 151,943,360 Basic earnings per common share $ (1.36) $ (0.39) $ 0.04 Diluted earnings per common share $ (1.36) $ (0.39) $ 0.04 _____________ 1. The Company includes unvested awards and convertible common and participating units as contingently issuable shares in the computation of diluted earnings per share once the market or performance 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. Hudson Pacific Properties, L.P. The operating partnership calculates basic earnings per unit using the two-class method by dividing the net income available to common unitholders for the period by the weighted average number of common units outstanding during the period. Unvested time-based restricted stock awards, unvested time-based performance unit awards and unvested RSUs that contain non-forfeitable rights to dividends are participating securities and are included in the computation of earnings per unit pursuant to the two-class method. The operating partnership calculates diluted earnings per unit using the two-class method or the treasury stock and if-converted method, whichever results in more dilution. For the years ended December 31, 2023, 2022 and 2021, both methods of calculation yielded the same diluted earnings per unit amount. Diluted earnings per unit reflects the potential dilution that could occur if securities or other contracts to issue common units were exercised or converted into common units, where such exercise or conversion would result in a lower earnings per unit amount. The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit to net (loss) income available to common unitholders: For the Year Ended December 31, 2023 2022 2021 Numerator: Basic and diluted net (loss) income available to common unitholders $ (195,539) $ (57,208) $ 6,125 Denominator: Basic weighted average common units outstanding 143,421,154 145,580,928 153,007,287 Effect of dilutive instruments (1) — — 325,078 DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING 143,421,154 145,580,928 153,332,365 Basic earnings per common unit $ (1.36) $ (0.39) $ 0.04 Diluted earnings per common unit $ (1.36) $ (0.39) $ 0.04 _____________ 1. The operating partnership includes unvested awards as contingently issuable units in the computation of diluted earnings per unit once the market or performance 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 unit calculation.

Redeemable Non-controlling Inte

Redeemable Non-controlling Interest	12 Months Ended
	Dec. 31, 2023
Noncontrolling Interest [Abstract]
Redeemable Non-controlling Interest	Redeemable Non-controlling Interest Redeemable Preferred Units of the Operating Partnership As of December 31, 2023 and 2022, there were 392,598 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. The units are 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. Redeemable Non-controlling Interest in Consolidated Real Estate Entities On March 1, 2018, the Company entered into a joint venture agreement with Macerich to form the HPP-MAC JV. On August 31, 2018, Macerich contributed Westside Pavilion to the HPP-MAC JV. The Company has a 75% interest in the joint venture that owns the One Westside and Westside Two properties. The Company has a put right, after a specified time, to sell its interest at fair market value. Macerich has a put right, after a specified time, to sell its interest at fair market value, which is a redemption right that is not solely within the control of the Company. Therefore, the non-controlling interest related to this joint venture is included as temporary equity. The put right is not probable of becoming redeemable. The One Westside and Westside Two properties were sold on December 27, 2023. On October 9, 2018, the Company entered into a joint venture with Allianz to purchase the Ferry Building property. The Company has a 55% interest in the joint venture that owns the Ferry Building property. The Company has a put right, if certain events occur, to sell its interest at fair market value. Allianz has a put right, if certain events occur, to sell its interest at fair market value, which is a redemption right that is not solely within the control of the Company. Therefore, the non-controlling interest related to this joint venture is included as temporary equity. The put right is not currently redeemable. The following table reconciles the beginning and ending balances of redeemable non-controlling interests: Series A Redeemable Preferred Units Consolidated Real Estate Entities Balance at December 31, 2022 $ 9,815 $ 125,044 Contributions — 2,025 Distributions — (82,407) Declared dividend (153) — Net income 153 12,520 BALANCE AT DECEMBER 31, 2023 $ 9,815 $ 57,182

Equity

Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Equity	Equity The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss (“AOCI”): Derivative Instruments Currency Translation Adjustments Total AOCI Balance at January 1, 2021 $ (11,378) $ 3,245 $ (8,133) Unrealized gain (loss) recognized in AOCI 169 (1,049) (880) Reclassification from AOCI into income (1) 7,252 — 7,252 Net change in AOCI 7,421 (1,049) 6,372 Balance at December 31, 2021 (3,957) 2,196 (1,761) Unrealized gain (loss) recognized in AOCI 612 (12,188) (11,576) Reclassification from AOCI into income (1) 2,065 — 2,065 Net change in AOCI 2,677 (12,188) (9,511) Balance at December 31, 2022 (1,280) (9,992) (11,272) Unrealized gain recognized in AOCI 9,462 6,149 15,611 Reclassification from AOCI into income (1) (4,526) — (4,526) Net change in AOCI 4,936 6,149 11,085 Balance at December 31, 2023 $ 3,656 $ (3,843) $ (187) _____________ 1. The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. The table below presents the activity related to Hudson Pacific Properties, LP’s AOCI: Derivative Instruments Currency Translation Adjustments Total AOCI Balance at January 1, 2021 $ (11,485) $ 3,239 (8,246) Unrealized gain (loss) recognized in AOCI 171 (1,064) (893) Reclassification from AOCI into income (1) 7,360 — 7,360 Net change in AOCI 7,531 (1,064) 6,467 Balance at December 31, 2021 (3,954) 2,175 (1,779) Unrealized gain (loss) recognized in AOCI 597 (12,375) (11,778) Reclassification from AOCI into income (1) 2,097 — 2,097 Net change in AOCI 2,694 (12,375) (9,681) Balance at December 31, 2022 (1,260) (10,200) (11,460) Unrealized gain recognized in AOCI 9,729 6,325 16,054 Reclassification from AOCI into income (1) (4,656) — (4,656) Net change in AOCI 5,073 6,325 11,398 Balance at December 31, 2023 3,813 (3,875) $ (62) _____________ 1. The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. 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 at a value equal to the then-current market value of one share of common stock. However, in lieu of such payment of cash, the Company may, at its election, issue shares of its common stock in exchange for such common units on a one-for-one basis. Performance Units in the Operating Partnership Performance units are partnership interests in the operating partnership. Each performance unit awarded will be deemed equivalent to an award of one share 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. Ownership Interest in the Operating Partnership The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of: December 31, 2023 December 31, 2022 December 31, 2021 Company-owned common units in the operating partnership 141,034,806 141,054,478 151,124,543 Company’s ownership interest percentage 98.0 % 98.5 % 98.8 % Non-controlling common units in the operating partnership (1) 2,810,433 2,191,842 1,842,898 Non-controlling ownership interest percentage 2.0 % 1.5 % 1.2 % _________________ 1. Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of December 31, 2023, this amount represents both common units and performance units of 550,969 and 2,259,464, respectively. As of December 31, 2022, this amount represents both common units and performance units of 550,969 and 1,640,873, respectively. As of December 31, 2021, this amount represents both common units and performance units of 550,969 and 1,291,929, respectively. During the years ended December 31, 2023, 2022 and 2021, 618,591, 348,944 and 521,815 performance units, respectively, vested related to various performance-based awards to our employees and directors. Common Stock Activity The Company has not completed any common stock offerings during the years ended December 31, 2023, 2022 and 2021. The Company’s ATM program permits sales of up to $125.0 million of common stock. A cumulative total of $65.8 million has been sold as of December 31, 2023. The Company did not utilize the ATM program during the years ended December 31, 2023 and 2022. During the year ended December 31, 2021, the Company utilized the ATM program and sold 1,526,163 shares of common stock at sale prices ranging from $29.53 to $30.17 per share for total proceeds of $45.7 million, before transaction costs. Share Repurchase Program The Company is authorized to repurchase shares of its common stock up to a total of $250.0 million under the share repurchase program. During the year ended December 31, 2023, the Company repurchased 0.2 million shares of its common stock at a weighted average price of $7.33 per share for $1.4 million, before transaction costs. During the year ended December 31, 2022, the Company repurchased 2.1 million shares of its common stock at a weighted average price of $17.65 per share for $37.2 million, before transaction costs. During the year ended December 31, 2021, the Company repurchased 1.9 million shares of its common stock at a weighted average price of $23.82 per share for $46.1 million, before transaction costs. Since the commencement of the program through December 31, 2023, a cumulative total of $214.7 million had been repurchased. Share repurchases are accounted for on the trade date. The Company may make repurchases under the program at any time in its discretion, subject to market conditions, applicable legal requirements and other factors. Accelerated Share Repurchase Agreements On February 25, 2022, the Company entered into an uncollared accelerated share repurchase (“ASR”) agreement to purchase $100 million of its outstanding common stock. During the first quarter 2022, the Company made an initial payment of $100 million and received an initial delivery of approximately 3.3 million shares of common stock representing 85% of the total $100 million agreement based on the closing price of our common stock on the transaction date. Final settlement of the agreement occurred during the second quarter 2022 based on the daily volume-weighted average price during the measurement period, less a negotiated discount. On February 25, 2022, the Company entered into a collared ASR agreement to purchase $100 million of its outstanding common stock. During the first quarter 2022, the Company made an initial payment of $100 million and received an initial delivery of approximately 3.3 million shares of common stock based on an estimated cap price calculated using the daily volume-weighted average price during an initial hedge period. Final settlement of the agreement occurred during the third quarter 2022 based on the daily volume-weighted average price during the measurement period, subject to a floor and cap, less a negotiated discount. At the conclusion of the ASR program in July 2022, a total of 8.1 million shares had been repurchased at an average price of $24.60. Series C Cumulative Redeemable Preferred Stock Series C cumulative redeemable preferred stock relates to the 17,000,000 shares of our Series C preferred stock, $0.01 par value per share. Holders of Series C preferred stock, when and as authorized by the board of directors of the Company, are entitled to cumulative cash dividends at the rate of 4.750% per annum of the $25.00 per share, equivalent to $1.1875 per annum per share. Dividends are payable quarterly in arrears on or about the last day of December, March, June and September of each year. In addition to other preferential rights, the holders of Series C preferred stock are entitled to receive the liquidation preference, which is $25.00 per share, before the holders of common stock in the event of any voluntary or involuntary liquidation, dissolution or winding-up of the Company’s affairs. Generally, shares of Series C preferred stock are not redeemable by the Company prior to November 16, 2026. However, upon the occurrence of a change of control, holders of the Series C preferred stock will have the right, (unless the Company has elected to redeem the Series C preferred stock) to convert into a specified number of shares of common stock. A complete description of the Series C preferred stock is contained in the Articles Supplementary which is included as Exhibit 3.7 to this Current Report on Form 10-K. Dividends The Board has historically declared dividends on a quarterly basis and the Company has paid the dividends during the quarters in which the dividends were declared. Declaration of any future dividends will be determined by the Company’s Board of Directors after considering the Company’s obligations under its various financing agreements, projected taxable income, compliance with its debt covenants, long-term operating projections, expected capital requirements and the risks affecting the Company’s business. The following table summarizes dividends per share declared and paid for the periods presented: For the Year Ended December 31, 2023 2022 2021 Common stock (1) $ 0.375 $ 1.00 $ 1.00 Common units (1) $ 0.375 $ 1.00 $ 1.00 Series A preferred units $ 1.5625 $ 1.5625 $ 1.5625 Series C preferred stock (2) $ 1.1875 $ 1.3359 $ — _________________ 1. In September 2023, the Company temporarily suspended its quarterly common stock dividend. As a result, the common unit and performance unit dividends were also suspended. 2. Dividends paid during the year ended December 31, 2022 include a $0.2968750 per share dividend declared and paid in each of the first, second, third and fourth quarters of 2022 and a $0.1484375 per share dividend declared during the fourth quarter of 2021. 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, compensation expense and the basis of depreciable assets and estimated useful lives used to compute depreciation. The Company’s dividends related to its common stock will be classified for U.S. federal income tax purposes as follows (unaudited): Dividends Capital Gains Section 897 Record Date Payment Date Distribution Per Share Total Qualified Total Unrecaptured Section 1250 Ordinary Dividends Capital Gains Return of Capital 3/20/2023 3/30/2023 $ 0.250000 $ 0.000000 $ 0.000000 $ 0.250000 $ 0.115922 $ 0.000000 $ 0.250000 $ 0.000000 6/20/2023 6/30/2023 0.125000 0.000000 0.000000 0.125000 0.057961 0.000000 0.125000 0.000000 TOTALS $ 0.375000 $ 0.000000 $ 0.000000 $ 0.375000 $ 0.173883 $ 0.000000 $ 0.375000 $ 0.000000 100.00 % 0.00 % 0.00 % 100.00 % 46.37 % 0.00 % 100.00 % 0.00 % The Company’s dividends related to its 4.750% series C preferred stock will be classified for U.S. federal income tax purposes as follows (unaudited): Dividends Capital Gains Section 897 Record Date Payment Date Distribution Per Share Total Qualified Total Unrecaptured Section 1250 Ordinary Dividends Capital Gains Return of Capital 3/20/2023 3/30/2023 $ 0.296875 $ 0.000000 $ 0.000000 $ 0.296875 $ 0.137658 $ 0.000000 $ 0.296875 $ 0.000000 6/20/2023 6/30/2023 0.296875 0.000000 0.000000 0.296875 0.137658 0.000000 0.296875 0.000000 9/19/2023 9/29/2023 0.296875 0.000000 0.000000 0.296875 0.137658 0.000000 0.296875 0.000000 12/18/2023 12/28/2023 0.296875 0.000000 0.000000 0.296875 0.137658 0.000000 0.296875 0.000000 TOTALS $ 1.187500 $ 0.000000 $ 0.000000 $ 1.187500 $ 0.550632 $ 0.000000 $ 1.187500 $ 0.000000 100.00 % 0.00 % 0.00 % 100.00 % 46.37 % 0.00 % 100.00 % 0.00 %

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company’s reporting segments are based on the Company’s method of internal reporting, which classifies its operations into two reportable segments: (i) office properties and related operations and (ii) studio properties and related operations. The Company evaluates performance based upon net operating income of the segment operations. General and administrative expenses and interest expense are not included in segment profit as the Company’s internal reporting addresses these items on a corporate level. Asset information by segment is not reported because the Company does not use this measure to assess performance or make decisions to allocate resources; therefore, depreciation and amortization expense is not allocated among segments. The table below presents the operating activity of the Company’s reportable segments: Year Ended December 31, 2023 2022 2021 Office segment Office revenues $ 812,375 $ 852,700 $ 795,370 Office expenses (312,018) (308,668) (280,334) Office segment profit 500,357 544,032 515,036 Studio segment Studio revenues 139,922 173,524 101,465 Studio expenses (138,447) (105,150) (55,513) Studio segment profit 1,475 68,374 45,952 TOTAL SEGMENT PROFIT $ 501,832 $ 612,406 $ 560,988 Segment revenues $ 952,297 $ 1,026,224 $ 896,835 Segment expenses (450,465) (413,818) (335,847) TOTAL SEGMENT PROFIT $ 501,832 $ 612,406 $ 560,988 The table below is a reconciliation of net (loss) income to total profit from all segments: Year Ended December 31, 2023 2022 2021 NET (LOSS) INCOME $ (170,700) $ (16,517) $ 29,012 General and administrative 74,958 79,501 71,346 Depreciation and amortization 397,846 373,219 343,614 Loss (income) from unconsolidated real estate entities 3,902 (943) (1,822) Fee income (6,181) (7,972) (3,221) Interest expense 214,415 149,901 121,939 Interest income (2,182) (2,340) (3,794) Management services reimbursement income—unconsolidated real estate entities (4,125) (4,163) (1,132) Management services expense—unconsolidated real estate entities 4,125 4,163 1,132 Transaction-related expenses (1,150) 14,356 8,911 Unrealized loss (gain) on non-real estate investments 3,120 1,440 (16,571) (Gain) loss on sale of real estate (103,202) 2,164 — Impairment loss 60,158 28,548 2,762 (Gain) loss on extinguishment of debt (10,000) — 6,259 Other expense (income) 6 (8,951) 2,553 Loss on sale of bonds 34,046 — — Income tax provision $ 6,796 $ — $ — TOTAL PROFIT FROM ALL SEGMENTS $ 501,832 $ 612,406 $ 560,988

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Employment Agreements The Company has entered into employment agreements with certain of its executive officers, effective January 1, 2020, that provide for various severance and change in control benefits and other terms and conditions of employment. Cost Reimbursements from Unconsolidated Real Estate Entities The Company is reimbursed for certain costs incurred in managing certain of its unconsolidated real estate entities. During the years ended December 31, 2023, 2022 and 2021, the Company recognized $4.1 million, $4.2 million and $1.1 million, respectively, of such reimbursement income in management services reimbursement income—unconsolidated real estate entities on the Consolidated Statement of Operations. Related Party Leases The Company’s wholly-owned subsidiary is party to long-term operating lease agreements with an unconsolidated joint venture for office space and fitness and conference facilities. As of December 31, 2023, the Company’s right-of-use assets and lease liabilities related to these lease obligations were $6.2 million and $6.4 million, respectively, as compared to right-of-use assets and lease liabilities of $6.1 million and $6.2 million, respectively, as of December 31, 2022. During each of the years ended December 31, 2023, 2022 and 2021, the Company recognized $1.0 million of related rental expense in management services expense—unconsolidated real estate entities on the Consolidated Statements of Operations related to these leases.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Fund Investments The Company invests in several non-real estate funds with an aggregate commitment to contribute up to $51.0 million. As of December 31, 2023, the Company has contributed $38.1 million to these funds, net of distributions, with $12.9 million remaining to be contributed. 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 December 31, 2023, the risk of material loss from such legal actions impacting the Company’s financial condition or results from operations has been assessed as remote. Letters of Credit As of December 31, 2023, the Company had $3.1 million in outstanding letters of credit under the unsecured revolving credit facility. The letters of credit are primarily related to utility company security deposit requirements. Contractual Obligations The Company has entered into a number of construction agreements related to its development activities at various properties and its obligations under executed leases. As of December 31, 2023, the Company had $108.3 million in related commitments.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information Supplemental cash flow information for Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. is included as follows: Year Ended December 31, 2023 2022 2021 Cash paid for interest, net of capitalized interest $ 197,599 $ 133,869 $ 112,043 Non-cash investing and financing activities Note payable issued as consideration in a business combination $ — $ 160,000 $ — Accounts payable and accrued liabilities for real estate investments $ 87,779 $ 150,408 $ 193,521 Lease liabilities recorded in connection with right-of-use assets $ 2,117 $ 100,805 $ 26,824 Ground lease remeasurement $ 5,751 $ 23,177 $ — Earnout liability recognized as contingent consideration for business combination $ — $ — $ 11,383 Series C preferred stock dividend accrual $ — $ — $ 2,281

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Event On February 8, 2024, the Company entered into an interest rate swap agreement to fix SOFR at a rate of 4.125% effective as of February 9, 2024 through August 9, 2026 on $180.0 million of indebtedness, which amount corresponds to our unhedged portion of the loan secured by the Hollywood Media Portfolio.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	Schedule III — Real Estate and Accumulated Depreciation December 31, 2023 (In thousands) Initial Costs Total Adjustment to Basis (1) Total Costs Year Built / Renovated Property name Encumbrances Land Building & Improvements Land Building & Improvements Total Accumulated Depreciation (2) Year Acquired Office 875 Howard, San Francisco Bay Area, CA $ — $ 18,058 $ 41,046 $ 43,512 $ 18,058 $ 84,558 $ 102,616 $ (27,310) 1920/2001 2007 6040 Sunset, Los Angeles, CA (3) 1,100,000 6,599 27,187 31,289 6,599 58,476 65,075 (25,674) 2008 2008 ICON, Los Angeles, CA (3) — — — 164,133 — 164,133 164,133 (38,569) 2017 2008 CUE, Los Angeles, CA (3) — — — 49,553 — 49,553 49,553 (9,758) 2017 2008 EPIC, Los Angeles, CA (3) — 10,606 — 215,477 10,606 215,477 226,083 (33,306) 2019 2008 1455 Market, San Francisco Bay Area, CA — 41,226 34,990 95,870 41,226 130,860 172,086 (75,234) 1976/2016 2010 Rincon Center, San Francisco Bay Area, CA — 58,251 110,656 73,892 58,251 184,548 242,799 (61,774) 1961/2020 2010 10950 Washington, Los Angeles, CA — 17,979 25,110 6,982 17,979 32,092 50,071 (8,136) 1957/1974 2010 275 Brannan, San Francisco Bay Area, CA — 4,187 8,063 13,852 4,187 21,915 26,102 (11,534) 1905/2013 2011 625 Second, San Francisco Bay Area, CA — 10,744 42,650 6,028 10,744 48,678 59,422 (15,426) 1906/1999 2011 10900 Washington, Los Angeles, CA — 1,400 1,200 398 1,400 1,598 2,998 (440) 1973 2012 901 Market, San Francisco Bay Area, CA — 17,882 79,305 21,645 17,882 100,950 118,832 (32,877) 1912/1985 2012 Element LA, Los Angeles, CA 168,000 79,769 19,755 96,827 79,769 116,582 196,351 (32,896) 1949/2015 2012 2013 505 First, Greater Seattle, WA — 22,917 133,034 18,361 22,917 151,395 174,312 (39,683) 2010 2013 83 King, Greater Seattle, WA — 12,982 51,403 12,894 12,982 64,297 77,279 (19,595) 1904/2017 2013 Met Park North, Greater Seattle, WA — 28,996 71,768 (1,373) 28,996 70,395 99,391 (19,483) 2000 2013 411 First, Greater Seattle, WA — 27,684 29,824 27,037 27,684 56,861 84,545 (18,465) 1906/2017 2014 450 Alaskan, Greater Seattle, WA — — — 87,099 — 87,099 87,099 (17,343) 2017 2014 95 Jackson, Greater Seattle, WA — — — 18,251 — 18,251 18,251 (3,510) 1909/2018 2014 Palo Alto Square, San Francisco Bay Area, CA — — 326,033 47,941 — 373,974 373,974 (115,721) 1971/2018 2015 3400 Hillview, San Francisco Bay Area, CA — — 159,641 (4,903) — 154,738 154,738 (53,984) 1991 2015 Foothill Research Center, San Francisco Bay Area, CA — — 133,994 (33,036) — 100,958 100,958 (60,729) 1991 2015 Page Mill Center, San Francisco Bay Area, CA — — 147,625 20,591 — 168,216 168,216 (52,347) 1970/2020 2015 Clocktower Square, San Francisco Bay Area, CA — — 93,949 16,965 — 110,914 110,914 (31,083) 1983/2019 2015 3176 Porter, San Francisco Bay Area, CA — — 34,561 1,133 — 35,694 35,694 (12,382) 1991 2015 Towers at Shore Center, San Francisco Bay Area, CA — 72,673 144,188 22,221 72,673 166,409 239,082 (49,496) 2001 2015 Shorebreeze, San Francisco Bay Area, CA — 69,448 59,806 22,162 69,448 81,968 151,416 (21,131) 1987 2015 555 Twin Dolphin, San Francisco Bay Area, CA — 40,614 73,457 19,748 40,614 93,205 133,819 (24,444) 1989 2015 333 Twin Dolphin, San Francisco Bay Area, CA — 36,441 64,892 20,483 36,441 85,375 121,816 (24,230) 1985/2017 2015 Initial Costs Total Adjustment to Basis (1) Total Costs Year Built / Renovated Property name Encumbrances Land Building & Improvements Land Building & Improvements Total Accumulated Depreciation (2) Year Acquired Metro Center, San Francisco Bay Area, CA — — 313,683 81,169 — 394,852 394,852 (101,246) 1986/2020 2015 Concourse, San Francisco Bay Area, CA — 45,085 224,271 74,083 45,085 298,354 343,439 (77,607) 1990/2022 2015 Gateway, San Francisco Bay Area, CA — 33,117 121,217 61,841 33,117 183,058 216,175 (50,731) 1985/2017 2015 Metro Plaza, San Francisco Bay Area, CA — 16,038 106,156 69,731 16,038 175,887 191,925 (37,858) 1986/2021 2015 1740 Technology, San Francisco Bay Area, CA — 8,052 49,486 15,030 8,052 64,516 72,568 (15,956) 1985 2015 Skyport Plaza, San Francisco Bay Area, CA (4) — 16,521 153,844 (561) 16,521 153,283 169,804 (35,417) 2001 2015 Techmart, San Francisco Bay Area, CA — — 66,660 20,236 — 86,896 86,896 (24,028) 1986/2019 2015 Fourth & Traction, Los Angeles, CA — 12,140 37,110 69,173 12,140 106,283 118,423 (29,779) 1915/2017 2015 Maxwell, Los Angeles, CA — 13,040 26,960 57,986 13,040 84,946 97,986 (18,484) 1924/2019 2015 11601 Wilshire, Los Angeles, CA — 28,978 321,273 67,958 28,978 389,231 418,209 (90,357) 1983/2018 2016 2017 Hill7, Greater Seattle, WA 101,000 36,888 137,079 19,913 36,888 156,992 193,880 (39,881) 2015 2016 Page Mill Hill, San Francisco Bay Area, CA — — 131,402 11,798 — 143,200 143,200 (33,186) 1975/2020 2016 Harlow, Los Angeles, CA — 7,455 — — 7,455 — 7,455 (7,591) 2020 2017 Ferry Building, San Francisco Bay Area, CA (5) — — 268,292 44,587 — 312,879 312,879 (48,559) 1898/2003 2018 1918 Eighth, Greater Seattle, WA 314,300 38,477 545,773 31,552 38,477 577,324 615,801 (57,508) 2009 2020 5 th & Bell, Greater Seattle, WA — 20,866 82,072 16,355 20,866 98,427 119,293 (9,531) 2002 2021 Washington 1000, Greater Seattle, WA — 59,980 11,053 184,878 59,980 195,931 255,911 — Under development 2022 5801 Bobby Foster Road, Albuquerque, NM — 2,189 6,268 429 2,189 6,697 8,886 (357) 2008 2022 Sunset Gower Studios, Los Angeles, CA (3) — 101,477 64,697 83,040 101,477 147,737 249,214 (46,840) Various 2007 2011 2012 Sunset Bronson Studios, Los Angeles, CA (3) — 67,092 32,374 51,044 67,092 83,418 150,510 (34,005) Various 2008 Sunset Las Palmas Studios, Los Angeles, CA (3) — 134,488 104,392 148,492 134,488 252,884 387,372 (26,401) Various 2017 2018 Various (6) — — — 50,592 — 50,593 50,593 (6,555) N/A 2022 TOTAL $ 1,683,300 $ 1,220,339 $ 4,718,199 $ 2,274,358 $ 1,220,339 $ 6,992,557 $ 8,212,896 $ (1,728,437) _____________ 1. Consists of capital expenditures and real estate development costs, write-offs due to disposals and impairment charges. 2. The Company computes depreciation using the straight-line method over the estimated useful lives over the shorter of the ground lease term or 39 years for building and improvements, 15 years for land improvements and over the shorter of asset life or life of the lease for tenant and leasehold improvements. 3. These properties are encumbered by a $1.1 billion mortgage loan. Refer to Part IV, Item 15(a) “Exhibits, Financial Statement Schedules—Note 8 to the Consolidated Financial Statements-Debt” for additional information on secured debt. 4. During the year ended December 31, 2023, the Company sold a parcel of land at Skyport Plaza with an initial basis of $12.5 million and improvements capitalized subsequent to acquisition of $8.3 million. 5. This property is encumbered by a $66.1 million debt due to our joint venture partner. Refer to Part IV, Item 15(a) “Exhibits, Financial Statement Schedules—Note 8 to the Consolidated Financial Statements-Debt” for additional information on joint venture partner debt. 6. Represents leasehold improvements capitalized in connection with the Company’s leasehold interests in 27 sound stages. The aggregate gross cost of property included above for federal income tax purposes approximated $7.9 billion, unaudited as of December 31, 2023. The following table reconciles the historical cost of total real estate held for investment and accumulated depreciation from January 1, 2021 to December 31, 2023: Year Ended December 31, 2023 2022 2021 Total investment in real estate, beginning of year $ 8,716,572 $ 8,361,477 $ 8,215,017 Additions during period: Asset acquisitions — 101,653 102,939 Business acquisitions — 47,741 — Improvements, capitalized costs 353,544 553,327 394,633 Total additions during period 353,544 702,721 497,572 Deductions during period Disposals (fully depreciated assets and early terminations) (67,177) (51,812) (56,166) Impairment loss (48,480) (17,636) (2,762) Cost of property sold (741,563) (171,646) — Total deductions during period (857,220) (241,094) (58,928) Ending balance, before reclassification to assets associated with real estate held for sale 8,212,896 8,823,104 8,653,661 Reclassification to assets associated with real estate held for sale — (106,532) (292,184) TOTAL INVESTMENT IN REAL ESTATE, END OF YEAR $ 8,212,896 $ 8,716,572 $ 8,361,477 Total accumulated depreciation, beginning of year $ (1,541,271) $ (1,283,774) $ (1,102,748) Additions during period: Depreciation of real estate (340,019) (368,376) (292,802) Total additions during period (340,019) (368,376) (292,802) Deductions during period: Deletions 66,122 55,939 56,370 Write-offs due to sale 86,731 40,556 — Total deductions during period 152,853 96,495 56,370 Ending balance, before reclassification to assets associated with real estate held for sale (1,728,437) (1,555,655) (1,339,180) Reclassification to assets associated with real estate held for sale — 14,384 55,406 TOTAL ACCUMULATED DEPRECIATION, END OF YEAR $ (1,728,437) $ (1,541,271) $ (1,283,774)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	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”). Any references to the number of properties, acres and square footage are unaudited and outside the scope of the Company’s independent registered public accounting firm’s audit of the Company’s financial statements in accordance with the standards of the United States Public Company Accounting Oversight Board (“PCAOB”).
Reclassification	The Company has reclassified a gain on derivatives
Principles of Consolidation	Principles of Consolidation The consolidated financial statements of the Company include the accounts of the Company, the operating partnership and all wholly-owned and controlled subsidiaries. The consolidated financial statements of the operating partnership include the accounts of the operating partnership and all wholly-owned and controlled subsidiaries. All intercompany balances and transactions have been eliminated in the consolidated financial statements. Under the consolidation guidance, the Company first evaluates an entity using the variable interest model, then the voting model. The Company ultimately consolidates all entities that the Company controls through either majority ownership or voting rights, including all variable interest entities (“VIEs”) of which the Company is considered the primary beneficiary. The Company accounts for all other unconsolidated joint ventures using the equity method of accounting. In addition, the Company continually evaluates each legal entity that is not wholly-owned for reconsideration based on changing circumstances. VIEs are defined as entities in which equity investors do not have: • the characteristics of a controlling financial interest; • sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties; and/or • the entity is structured with non-substantive voting rights. The entity that consolidates a VIE is known as its primary beneficiary and is generally the entity with both the power to direct the activities that most significantly affect the VIE’s economic performance and the right to receive benefits from the VIE or the obligation to absorb losses of the VIE that could be significant to the VIE. As of December 31, 2023, the Company has determined that its operating partnership and 20 joint ventures met the definition of a VIE. 13 of these joint ventures are consolidated and seven are unconsolidated. As of December 31, 2023 and 2022, the Company has determined that its operating partnership met the definition of a VIE and is consolidated. Substantially all of the assets and liabilities of the Company are related to the operating partnership VIE. The assets and credit of certain VIEs can only be used to satisfy those VIEs’ own contractual obligations, and the VIEs’ creditors have no recourse to the general credit of the Company. Unconsolidated Joint Ventures As of December 31, 2023, the Company has determined it is not the primary beneficiary of seven of its joint ventures that are VIEs. Due to its significant influence over the unconsolidated entities, the Company accounts for them using the equity method of accounting. 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. On August 28, 2023, the Company entered into a joint venture with subsidiaries of Blackstone Property Partners and Vornado Realty Trust to develop Sunset Pier 94 Studios in the borough of Manhattan in New York, New York. The Company owns approximately 26% of the ownership interests in the joint venture. The Company’s net equity investment in its unconsolidated joint ventures is reflected within investment in unconsolidated real estate entities on the Consolidated Balance Sheets. The Company’s share of net income or loss from the joint ventures is included within (loss) income from unconsolidated real estate entities on the Consolidated Statements of Operations. The Company uses the cumulative earnings approach for determining cash flow presentation of distributions from unconsolidated joint ventures. Under this approach, distributions up to the amount of cumulative equity in earnings recognized are classified as cash inflows from operating activities, and those in excess of that amount are classified as cash inflows from investing activities. Refer to Note 6 for further details regarding our investments in unconsolidated joint ventures.
Use of Estimates	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 and assessing the carrying values of its real estate properties, the fair value measurement of contingent consideration, assets acquired and liabilities assumed in business combination transactions, determining the incremental borrowing rate used in the present value calculations of its new or modified operating lessee agreements, its accrued liabilities, and the valuation of 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.
Acquisitions and Investment in Real Estate Properties	Acquisitions The Company evaluates each acquisition to determine if the integrated set of assets and activities acquired meets the definition of a business and needs to be accounted for as a business combination in accordance with ASC 805, Business Combinations . An integrated set of assets and activities would fail to qualify as a business if either (i) substantially all of the fair value of the gross assets acquired is concentrated in either a single identifiable asset or a group of similar identifiable assets or (ii) the integrated set of assets and activities is lacking, at a minimum, an input and a substantive process that together significantly contribute to the ability to create outputs (i.e., revenue generated before and after the transaction). Acquisitions of real estate will generally not meet the definition of a business because substantially all of the fair value is concentrated in a single identifiable asset or group of similar identifiable assets (i.e., land, buildings and improvements and related intangible assets or liabilities) or because the acquisition does not include a substantive process in the form of an acquired workforce or an acquired contract that cannot be replaced without significant cost, effort or delay. When the Company acquires properties that are considered asset acquisitions, the purchase price is allocated based on relative fair value of the assets acquired and liabilities assumed. There is no measurement period concept for asset acquisitions, with the purchase price accounting being final in the period of acquisition. Additionally, acquisition-related expenses associated with asset acquisitions are capitalized as part of the purchase price. 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 were vacant. The fair values 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 commissions, legal and other leasing-related costs. The fair value of debt assumed is based on the estimated cash flow projections utilizing interest rates available for the issuance of debt with similar terms and remaining maturities. Investment in Real Estate Properties Cost Capitalization The Company capitalizes costs associated with development and redevelopment activities, capital improvements, tenant improvements and leasing activity. Costs associated with development and redevelopment that are capitalized include interest, property taxes, insurance and other costs directly related and essential to the acquisition, development or construction of a real estate project. Indirect development costs, including salaries and benefits, office rent, and associated costs for those individuals directly responsible for and who spend their time on development activities are also capitalized and allocated to the projects to which they relate. Construction and development costs are capitalized while substantial activities are ongoing to prepare an asset for its intended use. The Company considers a construction project as substantially complete and held available for occupancy upon the completion of tenant improvements but no later than one year after cessation of major construction activity. Costs incurred after a project is substantially complete and ready for its intended use, or after development activities have ceased, are expensed as they are incurred. Costs previously capitalized that related to abandoned acquisitions or developments are charged to earnings. Expenditures for repairs and maintenance are expensed as they are incurred.
Business Combinations	Business Combinations From time to time, we may enter into business combinations. In accordance with ASC 805, Business Combinations , the Company applies the acquisition method for acquisitions that meet the definition of a business combination. Under the acquisition method, the Company estimates the fair value of the identifiable assets and liabilities of the acquired entity on the acquisition date. Acquired intangible assets are valued using different methods under the income approach, including the excess earnings method for customer relationships, the relief-from-royalty method for trade names, and the lost profits method for non-compete agreements. The fair values of acquired “above- and below-” market leases are estimated 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. Acquired property, plant and equipment is valued using the cost approach, including consideration of reproduction or replacement costs, economic depreciation and obsolescence. We measure goodwill as the excess of consideration transferred over the net of the acquisition date fair values of the identifiable assets acquired and liabilities assumed. Goodwill is assigned to each reporting unit that is expected to benefit from the synergies of the business combination. Acquisition-related expenses and transaction costs associated with business combinations are expensed in the period incurred which is included in the transaction-related expenses line item of the Consolidated Statements of Operations. The acquisition method of accounting requires us to make significant estimates and assumptions regarding the fair value of the identifiable assets and liabilities of the acquired entity on the acquisition date. The Company estimates the fair value using observable inputs classified as Level 2 and unobservable inputs classified as Level 3 of the fair value hierarchy. Significant estimates and assumptions include subjective and/or complex judgments regarding items such as revenue growth rates, long-term growth rates, discount rates, customer retention rates, royalty rates, market rental rates and other factors, including estimating future cash flows that we expect to generate from the acquired assets.
Operating Properties	Operating Properties The properties are generally carried at cost, less accumulated depreciation and amortization. The Company computes depreciation and amortization using the straight-line method over the estimated useful lives of the assets as represented in the table below: Asset Description Estimated Useful Life (Years) Building and improvements Shorter of the ground lease term or 39 Land improvements 15 Furniture and fixtures 5 to 7 Tenant and leasehold improvements Shorter of the estimated useful life or the lease term The Company amortizes above- and below-market lease intangibles over the remaining non-cancellable lease terms and bargain renewal periods, if applicable. The in-place lease intangibles are amortized over the remaining non-cancellable lease term. When tenants vacate prior to the expiration of a lease, the amortization of intangible assets and liabilities is accelerated. The Company amortizes above- and below-market ground lease intangibles over the remaining non-cancellable lease terms.
Held for sale	Held for Sale The Company classifies properties as held for sale when certain criteria set forth in ASC 360, Property, Plant, and Equipment , are met. These criteria include (i) whether the Company is committed to a plan to sell, (ii) whether the asset or disposal group is available for immediate sale, (iii) whether an active program to locate a buyer and other actions required to complete the plan to sell have been initiated, (iv) whether the sale of the asset or disposal group is probable (i.e., likely to occur) and the transfer is expected to qualify for recognition as a completed sale within one year, (v) whether the long-lived asset or disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value, (vi) whether actions necessary to complete the plan indicate that it is unlikely significant changes to the plan will be made or that the plan will be withdrawn. At the time a property is classified as held for sale, the Company reclassifies its assets and liabilities to held for sale on the Consolidated Balance Sheets for all periods presented and ceases recognizing depreciation expense. Properties held for sale are reported at the lower of their carrying value or their estimated fair value, less estimated costs to sell. The estimated fair value is generally based on a purchase and sale agreement, letter of intent, or a broker estimated value of the property. The Company will recognize an impairment loss on real estate assets held for sale when the carrying value is greater than the fair value, which is based on the estimated sales price of the property, which is classified within Level 2 of the fair value hierarchy. The Company assesses the carrying value of real estate assets and related intangibles whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable in accordance with GAAP. Impairment losses are recorded on real estate assets held for investment when indicators of impairment are present and the future undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount. The Company recognizes impairment losses to the extent the carrying amount exceeds the fair value, based Level 2 inputs. According to ASC 205, Presentation of Financial Statements
Impairment of Long-Lived Assets	The Company assesses the carrying value of real estate assets and related intangibles for impairment on a quarterly basis and whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable over the life of the asset or its intended holding period. We evaluate our real estate assets for impairment on a property-by-property basis. Indicators we consider to determine whether an impairment evaluation is necessary include, but are not limited to, deterioration in operating cash flows, low occupancy levels, significant near-term lease expirations, default or bankruptcy by a significant tenant and expectations that, more likely than not, a property will be sold or otherwise disposed of before the end of its previously estimated useful life or hold period.
Goodwill and Acquired Intangible Assets	Goodwill and Acquired Intangible Assets Goodwill is an unidentifiable intangible asset and is recognized as a residual, generally measured as the excess of consideration transferred in a business combination over the identifiable assets acquired and liabilities assumed. Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination. The Company tests its goodwill and indefinite-lived intangible assets for impairment at least annually, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Goodwill is tested for impairment at the reporting unit to which it is assigned, which can be an operating segment or one level below an operating segment. The Company has three operating segments: the management entity, Office and Studio, each of which is a reporting unit. The Studio reporting unit consists of the Zio Entertainment Network, LLC (“Zio”) and Star Waggons, LLC (“Star Waggons”) businesses acquired during the year ended December 31, 2021 and the Quixote Studios, LLC (“Quixote”) business acquired during the year ended December 31, 2022. The assessment of goodwill for impairment may initially be performed based on qualitative factors to determine if it is more likely than not that the fair value of the reporting unit is less than its carrying value, including goodwill. If so, a quantitative assessment is performed, and to the extent the carrying value of the reporting unit exceeds its fair value, impairment is recognized for the excess up to the amount of goodwill assigned to the reporting unit. Alternatively, the Company may bypass a qualitative assessment and proceed directly to a quantitative assessment. A qualitative assessment considers various factors such as macroeconomic, industry and market conditions to the extent they affect the earnings performance of the reporting unit, changes in business strategy and/or management of the reporting unit, changes in composition or mix of revenues and/or cost structure of the reporting unit, financial performance and business prospects of the reporting unit, among other factors. In a quantitative assessment, significant judgment, assumptions and estimates are applied in determining the fair value of reporting units. The Company generally uses the income approach to estimate fair value by discounting the projected net cash flows of the reporting unit, and may corroborate with market-based data where available and appropriate. Projection of future cash flows is based upon various factors, including, but not limited to, our strategic plans in regard to our business and operations,
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents are defined as cash on hand and in banks, plus all short-term investments with a maturity of three months or less when purchased. Restricted cash primarily consists of amounts held by lenders to fund reserves such as capital improvements, taxes, insurance, debt service and operating expenditures. The Company maintains some of its cash in bank deposit accounts that, at times, may exceed the federally insured limit. No losses have been experienced related to such accounts.
Receivables	Receivables The Company accounts for receivables related to rental revenues according to Accounting Standards Codification (“ASC”) 842, Leases (“ASC 842”). The guidance requires the Company to assess, at lease commencement and subsequently, collectability of future lease payments from its tenants. If the Company determines collectability is not probable, it recognizes an adjustment to lower income from rentals. For amounts deemed probable of collection, the Company may also record an allowance under other authoritative GAAP based on the evaluation of individual receivables, including specific credit enhancements and other relevant factors.
Non-Real Estate Investments	Non-Real Estate Investments
Stock Purchase Warrant	Stock Purchase Warrants
Lessee Accounting	Lessee Accounting The Company determines if an arrangement is a lease at inception. The Company’s operating lease agreements relate to ground leases, sound stage leases, office leases and other facility leases and are reflected in operating lease right-of-use (“ROU”) assets and operating lease liabilities on the Consolidated Balance Sheets. For leases with a term of 12 months or less, the Company makes an accounting policy election by class of underlying asset, not to recognize ROU assets and lease liabilities. The Company recognizes lease expense for such leases generally on a straight-line basis over the lease term.
Lessor Accounting	Lessor Accounting The presentation of revenues on the Consolidated Statements of Operations reflects a single lease component that combines rental, tenant recoveries and other tenant-related revenues for the office portfolio, with the election of the lessor practical expedient. For the Company’s rentals at the studio properties, total lease consideration is allocated to lease and non-lease components on a relative standalone basis. The recognition of revenues related to lease components is governed by ASC 842, while revenue related to non-lease components is subject to ASC 606, Revenue from Contracts with Customers (“ASC 606”). ASC 842 defines initial direct costs as only the incremental costs of signing a lease. Internal direct compensation costs and external legal fees related to the execution of successful lease agreements that do not meet the definition of initial direct costs under ASC 842 are accounted for as office operating expense or studio operating expense in the Company’s Consolidated Statements of Operations.
Revenue Recognition	Revenue Recognition The Company has compiled an inventory of its sources of revenues and has identified the following material revenue streams: (i) rental revenues (ii) tenant recoveries and other tenant-related revenues (iii) ancillary revenues (iv) other revenues (v) sale of real estate (vi) management fee income and (vii) management services reimbursement income. Revenue Stream Components Financial Statement Location Rental revenues Office, stage and storage rentals Office and Studio segments: rental Tenant recoveries and other tenant-related revenues Reimbursement of real estate taxes, insurance, repairs and maintenance, other operating expenses and must-take parking revenues Office segment: rental Ancillary revenues Revenues derived from tenants’ use of power, HVAC and telecommunications (i.e., telephone and internet) and lighting, equipment and vehicle rentals Studio segment: service and other revenues Other revenues Parking revenue that is not associated with lease agreements and other Office and Studio segments: service and other revenues Sale of real estate Gains on sales derived from cash consideration less cost basis Gain (loss) on sale of real estate Management fee income Income derived from management services provided to unconsolidated joint venture entities Fee income Management services reimbursement income Reimbursement of costs incurred by the Company in the management of unconsolidated joint venture entities Management services reimbursement income—unconsolidated real estate entities The Company recognizes rental revenue from tenants on a straight-line basis over the lease term when collectability is probable and the tenant has taken possession of or controls the physical use of the leased asset. If the lease provides for tenant improvements, the Company determines whether the tenant improvements, for accounting purposes, are owned by the tenant or the Company. When the Company is the owner of the tenant improvements, the tenant is not considered to have taken physical possession or have control of the physical use of the leased asset until the tenant improvements are substantially completed. When the tenant is the owner of the tenant improvements, any tenant improvement allowance that is funded is treated as a lease incentive and amortized as a reduction of revenue over the lease term. Tenant improvement ownership is determined based on various factors including, but not limited to: • whether the lease stipulates how and on what a tenant improvement allowance may be spent; • whether the tenant or landlord retains legal title to the improvements at the end of the lease term; • whether the tenant improvements are unique to the tenant or general-purpose in nature; and • whether the tenant improvements are expected to have any residual value at the end of the lease. The Company does not account for lease concessions related to the effects of the COVID-19 pandemic as lease modifications to the extent that the concessions are granted as payment deferrals and total payments remain substantially the same during the lease term. The Company recognizes tenant recoveries related to reimbursement of real estate taxes, insurance, repairs and maintenance and other operating expenses as revenue in the period during which the applicable expenses are incurred. The reimbursements are recognized and presented gross, as the Company is generally the primary obligor with respect to purchasing goods and services from third-party suppliers, has discretion in selecting the supplier and bears the associated credit risk. Other tenant-related revenues include parking stipulated in lease agreements as must-take parking rentals. These revenues are recognized over the term of the lease. Ancillary revenues, other revenues, management fee income and management services reimbursement income are accounted for under ASC 606. These revenues have single performance obligations and are recognized at the point in time when services are rendered.
Deferred Financing Costs and Debt Discount/Premium	Deferred Financing Costs and Debt Discount/Premium Deferred financing costs are amortized over the contractual loan term into interest expense on the Consolidated Statements of Operations. Deferred financing costs, and related amortization, related to the unsecured revolving credit facility and undrawn term loans are presented within prepaid expenses and other assets, net on the Consolidated Balance Sheets. All other deferred financing costs and related amortization are included within the respective debt line items on the Consolidated Balance Sheets.
Derivative Instruments	Derivative Instruments The Company manages interest rate risk associated with borrowings by entering into derivative instruments. The Company recognizes all derivative instruments on the Consolidated Balance Sheets on a gross basis at fair value. Derivative instruments are adjusted to fair value at the balance sheet date. The change in the fair value of derivatives designated as cash flow hedges is recorded in accumulated other comprehensive loss and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The change in the fair value derivatives not designated as hedges is recorded within earnings immediately.
Income Taxes	Income Taxes In general, 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, Hill7, Ferry Building and 1918 Eighth 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. In the case of the Bentall Centre property and the Sunset Waltham Cross Studios development, the Company owns its interest in the properties through non-U.S. entities treated as TRSs for federal income tax purposes. Accordingly, a provision for foreign income taxes has been recorded in the accompanying consolidated financial statements based on the local tax laws and regulations of the respective tax jurisdictions. The Company 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. The Company believes that it has operated in a manner that has allowed the Company to qualify as a REIT for federal income tax purposes commencing with such taxable year, and the Company intends to continue operating in such manner. To qualify as a REIT, the Company is required to distribute at least 90% of its REIT taxable income, excluding net capital gains, to the Company’s stockholders and to meet the various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership. Provided that it continues to qualify for taxation as a REIT, the Company is generally not subject to corporate-level income tax on the earnings distributed currently to its stockholders. If the Company were to fail to qualify as a REIT in any taxable year, and were unable to avail itself of certain savings provisions set forth in the Code, all of its taxable income would be subject to federal corporate income tax. Unless entitled to relief under specific statutory provisions, the Company would be ineligible to elect to be treated as a REIT for the four taxable years following the year for which the Company loses its qualification. It is not possible to state whether in all circumstances the Company would be entitled to this statutory relief. The Company may acquire direct or indirect interests in one or more Subsidiary REITs. A Subsidiary REIT is subject to the various REIT qualification requirements and other limitations described herein that are applicable to the Company. If a Subsidiary REIT were to fail to qualify as a REIT, then (i) that Subsidiary REIT would become subject to federal income tax, (ii) shares in such REIT would cease to be qualifying assets for purposes of the asset tests applicable to REITs and (iii) it is possible that the Company would fail certain of the asset tests applicable to REITs, in which event the Company would fail to qualify as a REIT unless the Company could avail itself of certain relief provisions. The Company believes that its operating partnership is properly treated as a partnership for federal income tax purposes. As a partnership, the Company’s operating partnership is not subject to federal income tax on its income. Instead, each of its partners, including the Company, is allocated, and may be required to pay tax with respect to, its share of the operating partnership’s income. As such, no provision for federal income taxes has been included for the operating partnership. The Company has elected, together with certain of its subsidiaries, to treat each such subsidiary as a taxable REIT subsidiary (“TRS”) for federal income tax purposes. Certain activities that the Company may undertake, such as non-customary services for the Company’s tenants and holding assets that the Company cannot hold directly, will be conducted by a TRS. A TRS is subject to federal and, where applicable, state income taxes on its net income. The Company is subject to the statutory requirements of the states in which it conducts business. Deferred tax assets and liabilities are recognized for the net tax effect of temporary differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis. A valuation allowance is recognized when it is determined that it is more likely than not that a deferred tax asset will not be realized. 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 December 31, 2023, the Company has not established a liability for uncertain tax positions. The Company and certain of its TRSs file income tax returns with the U.S. federal government and various state and local jurisdictions. The Company and its TRSs are no longer subject to tax examinations by tax authorities for years prior to 2019. The Company has assessed its tax positions for all open years, which as of December 31, 2023 included 2020 to 2022 for Federal purposes and 2019 to 2022 for state purposes, and concluded that there are no material uncertainties to be recognized.
Stock-Based Compensation	Stock-Based Compensation Compensation cost of restricted stock, restricted stock units and performance units under the Company’s equity incentive award plans are accounted for under ASC 718, Compensation-Stock Compensation (“ASC 718”). The Company accounts for forfeitures of awards as they occur. Share-based payments granted to non-employees are accounted for in the same manner as share-based payments granted to employees.
Fair Value of Assets and Liabilities	Fair Value of Assets and Liabilities The Company measures certain financial instruments at fair value on a recurring basis while certain financial instruments and balances are measured at fair value on a non-recurring basis (e.g., carrying value of impaired real estate and long-lived assets). Fair value is defined as the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. 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. When available, the Company utilizes quoted market prices from an independent third party source to determine fair value and classifies such items in Level 1 or Level 2. When the Company determines the market for a financial instrument owned by the Company to be illiquid or when market transactions for similar instruments do not appear orderly, the Company uses several valuation sources (including internal valuations, discounted cash flow analysis and quoted market prices) and establishes a fair value by assigning weights to the various valuation sources.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In November 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant expenses. The amendments will require public entities to disclose significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within segment profit and loss, as well as the title and position of the CODM. The amendments are effective for the Company's annual periods beginning June 1, 2024, and interim periods beginning June 1, 2025, with early adoption permitted, and will be applied retrospectively to all prior periods presented in the financial statements. The Company is currently evaluating this guidance and the impact it may have on the Company’s consolidated financial statements. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which includes amendments that further enhance income tax disclosures, primarily through standardization and disaggregation of rate reconciliation categories and income taxes paid by jurisdiction. The amendments are effective for the Company’s annual periods beginning June 1, 2025, with early adoption permitted, and should be applied either prospectively or retrospectively. The Company is currently evaluating this guidance and the impact it may have on the Company’s consolidated financial statements.

Organization (Tables)

Organization (Tables)	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Company's portfolio	The following table summarizes the Company’s portfolio as of December 31, 2023: Segments Number of Properties Square Feet (unaudited) Consolidated portfolio Office 45 13,131,277 Studio 3 1,256,522 Future development 5 1,616,242 Total consolidated portfolio 53 16,004,041 Unconsolidated portfolio (1) Office (2) 1 1,521,084 Studio (3) 2 473,000 Future development (4) 2 1,617,347 Total unconsolidated portfolio 5 3,611,431 TOTAL 58 19,615,472 _________________ 1. The Company owns 20% of the unconsolidated joint venture entity that owns the Bentall Centre property, 50% of the unconsolidated joint venture entity that owns Sunset Glenoaks Studios, 35% of the unconsolidated joint venture entity that owns Sunset Waltham Cross Studios and approximately 26% of the unconsolidated joint venture entity that owns the Sunset Pier 94 Studios development. The square footage shown above represents 100% of the properties. 2. Includes Bentall Centre. 3. Includes Sunset Glenoaks Studios and Sunset Pier 94 Studios. 4. Includes land for the Burrard Exchange and Sunset Waltham Cross Studios.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Schedule of Variable Interest Entities	As of December 31, 2023, the operating partnership has determined that 13 of its joint ventures met the definition of a VIE and are consolidated: Entity Property Ownership Interest Hudson 1455 Market, L.P. 1455 Market 55.0 % Hudson 1099 Stewart, L.P. Hill7 55.0 % HPP-MAC WSP, LLC None (1) 75.0 % Hudson One Ferry REIT, L.P. Ferry Building 55.0 % Sunset Bronson Entertainment Properties, LLC Sunset Bronson Studios, ICON, CUE 51.0 % Sunset Gower Entertainment Properties, LLC Sunset Gower Studios 51.0 % Sunset 1440 North Gower Street, LLC Sunset Gower Studios 51.0 % Sunset Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (2) 51.0 % Sunset Studios Holdings, LLC EPIC 51.0 % Hudson Media and Entertainment Management, LLC None (3) 51.0 % Hudson 6040 Sunset, LLC 6040 Sunset 51.0 % Hudson 1918 Eighth, L.P. 1918 Eighth 55.0 % __________________ 1. HPP-MAC WSP, LLC owned 100% of the One Westside and Westside Two properties prior to their sale in December 2023. 2. Sunset Services Holdings, LLC wholly owns Services Holdings, LLC, which owns 100% interests in Sunset Bronson Services, LLC, Sunset Gower Services, LLC and Sunset Las Palmas Services, LLC, which provide services to Sunset Bronson Entertainment Properties, LLC, Sunset Gower Entertainment Properties, LLC and Sunset Las Palmas Entertainment Properties, LLC, respectively. 3. Hudson Media and Entertainment Management, LLC manages the following properties: Sunset Gower Studios, Sunset Bronson Studios, Sunset Las Palmas Studios, 6040 Sunset, ICON, CUE, EPIC and Harlow (collectively “Hollywood Media Portfolio”). The following table summarizes the Company’s investments in unconsolidated joint ventures: Property Property Type Submarket Ownership Interest Functional Currency Sunset Waltham Cross Studios Development Broxbourne, United Kingdom 35% Pound sterling (1) Sunset Glenoaks Studios Development Sun Valley 50% U.S. dollar (2)(3) Bentall Centre Operating Property Downtown Vancouver 20% Canadian dollar (2)(4) Sunset Pier 94 Studios Development Manhattan 51% U.S dollar (4)(5) __________________ 1. The Company owns 35% of the ownership interests in each of the joint venture entities that own the Sunset Waltham Cross Studios and the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. 2. The Company serves as the operating member of this joint venture. 3. The Company has provided various guarantees for this joint venture’s construction loan, including a completion guarantee, equity guarantee and recourse carve-out guarantee. The likelihood of loss relating to the completion guarantee is remote as of December 31, 2023. 4. The Company has guaranteed the joint venture’s outstanding indebtedness in the amount of $96.4 million at Bentall Centre and $26 thousand at Sunset Pier 94 Studios, respectively. The likelihood of loss relating to the guarantees is remote as of December 31, 2023. 5. As of August 28, 2023, the Company owns 51% of the ownership interests in an upper-tier joint venture entity that owns 50.1% of the ownership interests in the lower-tier joint venture entity that owns the Sunset Pier 94 Studios development. The Company’s resulting economic interest in the development is 25.6%. The Company has provided various guarantees for the lower-tier joint venture’s construction loan, including a completion guarantee, recourse guarantee and guaranty of interest and carry. The likelihood of loss relating to the completion guarantee is remote as of December 31, 2023.
Schedule of Costs Capitalized	The Company recognized the following capitalized costs associated with development and redevelopment activities: Year Ended December 31, 2023 2022 2021 Capitalized personnel costs $ 16,496 $ 18,098 $ 16,728 Capitalized interest $ 32,253 $ 18,031 $ 21,689
Schedule of Property, Plant and Equipment Net	The Company computes depreciation and amortization using the straight-line method over the estimated useful lives of the assets as represented in the table below: Asset Description Estimated Useful Life (Years) Building and improvements Shorter of the ground lease term or 39 Land improvements 15 Furniture and fixtures 5 to 7 Tenant and leasehold improvements Shorter of the estimated useful life or the lease term The following table summarizes the Company’s non-real estate property, plant and equipment, net as of: December 31, 2023 December 31, 2022 Trailers $ 70,462 $ 68,973 Production equipment 37,100 36,019 Trucks and other vehicles 20,044 20,306 Leasehold improvements 15,888 16,993 Furniture, fixtures and equipment 6,112 5,849 Other equipment 6,959 5,693 Non-real estate property, plant and equipment, at cost 156,565 153,833 Accumulated depreciation (37,782) (23,544) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 118,783 $ 130,289
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented: December 31, 2023 2022 2021 BEGINNING OF THE PERIOD Cash and cash equivalents $ 255,761 $ 96,555 $ 113,686 Restricted cash 29,970 100,321 35,854 TOTAL $ 285,731 $ 196,876 $ 149,540 END OF THE PERIOD Cash and cash equivalents $ 100,391 $ 255,761 $ 96,555 Restricted cash 18,765 29,970 100,321 TOTAL $ 119,156 $ 285,731 $ 196,876
Schedule of Restricted Cash and Cash Equivalents	The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented: December 31, 2023 2022 2021 BEGINNING OF THE PERIOD Cash and cash equivalents $ 255,761 $ 96,555 $ 113,686 Restricted cash 29,970 100,321 35,854 TOTAL $ 285,731 $ 196,876 $ 149,540 END OF THE PERIOD Cash and cash equivalents $ 100,391 $ 255,761 $ 96,555 Restricted cash 18,765 29,970 100,321 TOTAL $ 119,156 $ 285,731 $ 196,876
Schedule of Prepaid Expenses and Other Assets, Net	The following table represents the Company’s prepaid expenses and other assets, net as of: December 31, 2023 December 31, 2022 Non-real estate investments $ 48,581 $ 47,329 Deferred tax assets 2,412 5,317 Interest rate derivative assets 6,441 9,292 Prepaid insurance 10,611 6,530 Deferred financing costs, net 4,316 5,824 Prepaid property tax 2,075 2,041 Stock purchase warrant — 95 Other 19,709 22,409 PREPAID EXPENSES AND OTHER ASSETS, NET $ 94,145 $ 98,837
Schedule of Revenue Streams	Revenue Stream Components Financial Statement Location Rental revenues Office, stage and storage rentals Office and Studio segments: rental Tenant recoveries and other tenant-related revenues Reimbursement of real estate taxes, insurance, repairs and maintenance, other operating expenses and must-take parking revenues Office segment: rental Ancillary revenues Revenues derived from tenants’ use of power, HVAC and telecommunications (i.e., telephone and internet) and lighting, equipment and vehicle rentals Studio segment: service and other revenues Other revenues Parking revenue that is not associated with lease agreements and other Office and Studio segments: service and other revenues Sale of real estate Gains on sales derived from cash consideration less cost basis Gain (loss) on sale of real estate Management fee income Income derived from management services provided to unconsolidated joint venture entities Fee income Management services reimbursement income Reimbursement of costs incurred by the Company in the management of unconsolidated joint venture entities Management services reimbursement income—unconsolidated real estate entities The following table summarizes the Company’s revenue streams that are accounted for under ASC 606: Year Ended December 31, 2023 2022 2021 Ancillary revenues $ 76,099 $ 107,075 $ 46,984 Other revenues $ 17,650 $ 23,118 $ 15,168 Studio-related tenant recoveries $ 2,177 $ 1,951 $ 1,962 Management fee income $ 6,181 $ 7,972 $ 3,221 Management services reimbursement income $ 4,125 $ 4,163 $ 1,132 The following table summarizes the Company’s receivables that are accounted for under ASC 606: December 31, 2023 December 31, 2022 Ancillary revenues $ 5,478 $ 15,503 Other revenues $ 954 $ 1,193

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the Quixote Acquisition Date fair value of the consideration transferred in connection with the acquisition: Cash $ 199,098 Seller note 160,000 Total consideration $ 359,098
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the Quixote Acquisition Date: Cash and cash equivalents $ 5,780 Accounts receivable 7,238 Prepaid expenses and other assets 3,788 Investment in real estate (1) 47,741 Non-real estate property, plant and equipment 65,939 Intangible assets 76,900 Right-of-use assets 106,115 Total assets acquired 313,501 Accounts payable, accrued liabilities and other $ 12,700 Lease liabilities 95,112 Total liabilities assumed 107,812 Net identifiable assets acquired $ 205,689 Goodwill 153,409 NET ASSETS ACQUIRED $ 359,098 _____________ 1. Represents leasehold improvements related to Quixote’s leasehold interests in studio properties.
Schedule of Business Acquisition, Pro Forma Information	The amounts of revenue and loss from operations of Quixote included in the Company’s Consolidated Statement of Operations from the Quixote Acquisition Date to December 31, 2022 are as follows: Revenue $ 33,200 Loss from operations $ (5,290) The following represents the pro forma Consolidated Statements of Operations as if the results of operations of Quixote had been included in the consolidated results of the Company for the years ended December 31, 2022 and 2021: Year Ended Year Ended Revenue $ 1,090,857 $ 982,985 Net (loss) income $ (17,715) $ 38,508

Investment in Real Estate (Tabl

Investment in Real Estate (Tables)	12 Months Ended
	Dec. 31, 2023
Real Estate [Abstract]
Schedule of Investment in Real Estate	The following table summarizes the Company’s investment in real estate, at cost as of: December 31, 2023 December 31, 2022 Land $ 1,220,339 $ 1,397,714 Building and improvements 5,969,364 6,273,655 Tenant and leasehold improvements 818,653 868,193 Furniture and fixtures 8,609 9,639 Property under development 195,931 167,371 INVESTMENT IN REAL ESTATE, AT COST $ 8,212,896 $ 8,716,572
Schedule of Allocation of Acquisition Cost	The following table represents the Company’s final purchase price accounting for the asset acquisitions completed in 2022: Washington 1000 Sunset Gower Studios Land 5801 Bobby Foster Road TOTAL ACQUISITION COST (1) $ 86,313 $ 22,156 $ 8,457 Relative fair value allocation Land $ 59,987 $ 22,156 $ 2,189 Building and improvements 11,053 — 6,268 Parking easement (2) 15,273 — — TOTAL $ 86,313 $ 22,156 $ 8,457 _____________ 1. Includes capitalized transaction-related expenses. 2. Parking easement has an indefinite useful life and is recorded in deferred leasing costs and intangible assets, net on the Consolidated Balance Sheet.
Schedule of Real Estate Dispositions	The following table summarizes information on dispositions completed during the years ended December 31, 2023 and 2022. Property Segment Date of Disposition Square Feet (unaudited) Sales Price (1) (in millions) Gain (Loss) on Sale (2) (in millions) 2023 Dispositions Skyway Landing Office 2/6/2023 246,997 $ 102.0 $ 7.0 604 Arizona Office 8/24/2023 44,260 32.5 10.3 3401 Exposition Office 8/25/2023 63,376 40.0 5.8 Cloud10 Office 11/21/2023 350,000 43.5 19.9 One Westside & Westside Two Office 12/27/2023 686,725 700.0 60.2 Total $ 918.0 $ 103.2 2022 Dispositions Del Amo Office 8/5/2022 113,000 $ 2.8 $ — Northview Office 8/30/2022 179,985 46.0 (0.2) 6922 Hollywood Office 10/20/2022 205,189 96.0 (2.0) Total $ 144.8 $ (2.2) _____________ 1. Represents gross sales price before certain credits, prorations and closing costs. 2. Included within gain (loss) on sale of real estate on the Consolidated Statement of Operations.
Schedule of Held for Sale	The following table summarizes the components of assets and liabilities associated with real estate held for sale as of December 31, 2022: ASSETS Investment in real estate, net $ 92,148 Accounts receivable, net 112 Straight-line rent receivables, net 460 Deferred leasing costs and intangible assets, net 501 Prepaid expenses and other assets, net 17 ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 93,238 LIABILITIES Accounts payable, accrued liabilities and other $ 400 Security deposits and prepaid rent 265 LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 665

Non-Real Estate Property, Pla_2

Non-Real Estate Property, Plant and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment Net	The Company computes depreciation and amortization using the straight-line method over the estimated useful lives of the assets as represented in the table below: Asset Description Estimated Useful Life (Years) Building and improvements Shorter of the ground lease term or 39 Land improvements 15 Furniture and fixtures 5 to 7 Tenant and leasehold improvements Shorter of the estimated useful life or the lease term The following table summarizes the Company’s non-real estate property, plant and equipment, net as of: December 31, 2023 December 31, 2022 Trailers $ 70,462 $ 68,973 Production equipment 37,100 36,019 Trucks and other vehicles 20,044 20,306 Leasehold improvements 15,888 16,993 Furniture, fixtures and equipment 6,112 5,849 Other equipment 6,959 5,693 Non-real estate property, plant and equipment, at cost 156,565 153,833 Accumulated depreciation (37,782) (23,544) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 118,783 $ 130,289

Investment in Unconsolidated _2

Investment in Unconsolidated Real Estate Entities (Tables)	12 Months Ended
	Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Variable Interest Entities	As of December 31, 2023, the operating partnership has determined that 13 of its joint ventures met the definition of a VIE and are consolidated: Entity Property Ownership Interest Hudson 1455 Market, L.P. 1455 Market 55.0 % Hudson 1099 Stewart, L.P. Hill7 55.0 % HPP-MAC WSP, LLC None (1) 75.0 % Hudson One Ferry REIT, L.P. Ferry Building 55.0 % Sunset Bronson Entertainment Properties, LLC Sunset Bronson Studios, ICON, CUE 51.0 % Sunset Gower Entertainment Properties, LLC Sunset Gower Studios 51.0 % Sunset 1440 North Gower Street, LLC Sunset Gower Studios 51.0 % Sunset Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (2) 51.0 % Sunset Studios Holdings, LLC EPIC 51.0 % Hudson Media and Entertainment Management, LLC None (3) 51.0 % Hudson 6040 Sunset, LLC 6040 Sunset 51.0 % Hudson 1918 Eighth, L.P. 1918 Eighth 55.0 % __________________ 1. HPP-MAC WSP, LLC owned 100% of the One Westside and Westside Two properties prior to their sale in December 2023. 2. Sunset Services Holdings, LLC wholly owns Services Holdings, LLC, which owns 100% interests in Sunset Bronson Services, LLC, Sunset Gower Services, LLC and Sunset Las Palmas Services, LLC, which provide services to Sunset Bronson Entertainment Properties, LLC, Sunset Gower Entertainment Properties, LLC and Sunset Las Palmas Entertainment Properties, LLC, respectively. 3. Hudson Media and Entertainment Management, LLC manages the following properties: Sunset Gower Studios, Sunset Bronson Studios, Sunset Las Palmas Studios, 6040 Sunset, ICON, CUE, EPIC and Harlow (collectively “Hollywood Media Portfolio”). The following table summarizes the Company’s investments in unconsolidated joint ventures: Property Property Type Submarket Ownership Interest Functional Currency Sunset Waltham Cross Studios Development Broxbourne, United Kingdom 35% Pound sterling (1) Sunset Glenoaks Studios Development Sun Valley 50% U.S. dollar (2)(3) Bentall Centre Operating Property Downtown Vancouver 20% Canadian dollar (2)(4) Sunset Pier 94 Studios Development Manhattan 51% U.S dollar (4)(5) __________________ 1. The Company owns 35% of the ownership interests in each of the joint venture entities that own the Sunset Waltham Cross Studios and the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. 2. The Company serves as the operating member of this joint venture. 3. The Company has provided various guarantees for this joint venture’s construction loan, including a completion guarantee, equity guarantee and recourse carve-out guarantee. The likelihood of loss relating to the completion guarantee is remote as of December 31, 2023. 4. The Company has guaranteed the joint venture’s outstanding indebtedness in the amount of $96.4 million at Bentall Centre and $26 thousand at Sunset Pier 94 Studios, respectively. The likelihood of loss relating to the guarantees is remote as of December 31, 2023. 5. As of August 28, 2023, the Company owns 51% of the ownership interests in an upper-tier joint venture entity that owns 50.1% of the ownership interests in the lower-tier joint venture entity that owns the Sunset Pier 94 Studios development. The Company’s resulting economic interest in the development is 25.6%. The Company has provided various guarantees for the lower-tier joint venture’s construction loan, including a completion guarantee, recourse guarantee and guaranty of interest and carry. The likelihood of loss relating to the completion guarantee is remote as of December 31, 2023.
Schedule of Financial Information of Unconsolidated Real Estate Entity	The table below presents the combined and condensed balance sheets for the Company’s unconsolidated joint ventures: December 31, 2023 December 31, 2022 ASSETS Investment in real estate, net $ 1,295,449 $ 1,093,448 Other assets 40,790 62,870 TOTAL ASSETS 1,336,239 1,156,318 LIABILITIES Secured debt, net 564,949 527,985 Other liabilities 46,947 49,027 TOTAL LIABILITIES 611,896 577,012 Company’s capital (1) 225,898 170,656 Partner's capital 498,445 408,650 TOTAL CAPITAL 724,343 579,306 TOTAL LIABILITIES AND CAPITAL $ 1,336,239 $ 1,156,318 _____________ 1. To the extent the Company’s cost basis is different from the basis reflected at the joint venture level, the basis is amortized over the life of the related asset and is included in the income from unconsolidated real estate entities line item on the Consolidated Statements of Operations. The table below presents the combined and condensed statements of operations for the Company’s unconsolidated joint ventures: Year Ended December 31, 2023 2022 2021 TOTAL REVENUES $ 70,200 $ 83,441 $ 80,901 TOTAL EXPENSES (88,876) (78,083) (70,934) NET (LOSS) INCOME $ (18,676) $ 5,358 $ 9,967

Deferred Leasing Costs and In_2

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-lived Intangible Assets and Liabilities	The following summarizes the Company’s deferred leasing costs and intangibles as of: December 31, 2023 December 31, 2022 Deferred leasing costs and in-place lease intangibles $ 290,969 $ 328,617 Accumulated amortization (150,457) (141,353) Deferred leasing costs and in-place lease intangibles, net 140,512 187,264 Below-market ground leases 77,943 79,562 Accumulated amortization (20,733) (17,979) Below-market ground leases, net 57,210 61,583 Above-market leases 673 724 Accumulated amortization (376) (324) Above-market leases, net 297 400 Customer relationships 97,900 97,900 Accumulated amortization (26,363) (12,346) Customer relationships, net 71,537 85,554 Non-competition agreements 8,200 8,200 Accumulated amortization (3,279) (1,632) Non-competition agreements, net 4,921 6,568 Trade name 37,200 37,200 Parking easement 15,273 15,273 DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 326,950 $ 393,842 Below-market leases $ 58,833 $ 59,540 Accumulated amortization (31,785) (26,195) Below-market leases, net 27,048 33,345 Above-market ground leases 1,095 1,095 Accumulated amortization (392) (349) Above-market ground leases, net 703 746 INTANGIBLE LIABILITIES, NET $ 27,751 $ 34,091
Schedule of Amortization During Period	The Company recognized the following amortization related to deferred leasing costs and intangibles: For the Year Ended December 31, 2023 2022 2021 Deferred leasing costs and in-place lease intangibles (1) $ (36,791) $ (40,171) $ (45,128) Below-market ground leases (2) $ (2,795) $ (2,775) $ (2,410) Above-market leases (3) $ (62) $ (124) $ (167) Customer relationships (1) $ (14,017) $ (9,662) $ (2,684) Non-competition agreements (1) $ (1,647) $ (1,253) $ (379) Below-market leases (3) $ 6,297 $ 8,156 $ 12,032 Above-market ground leases (2) $ 43 $ 43 $ 43 _____________ 1. Amortization is recorded in depreciation and amortization expenses and for lease incentive costs in office rental revenues on the Consolidated Statements of Operations. 2. Amortization is recorded in office operating expenses on the Consolidated Statements of Operations. 3. Amortization is recorded in office rental revenues on the Consolidated Statements of Operations.
Schedule of Future Amortization Expense	The following table provides information regarding the Company’s estimated future amortization of deferred leasing costs and intangibles as of December 31, 2023: For the Year Ended December 31, Deferred Leasing Costs and In-place Lease Intangibles Below-market Ground Leases Above-market Leases Customer relationships Non-competition agreements Below-market Leases Above-market Ground Leases 2024 $ (27,533) $ (2,754) $ (57) $ (13,986) $ (1,640) $ 5,119 $ 43 2025 (21,242) (2,754) (49) (13,986) (1,640) 4,157 43 2026 (17,978) (2,754) (44) (13,986) (1,261) 3,981 43 2027 (15,184) (2,754) (43) (13,986) (380) 3,913 43 2028 (12,982) (2,754) (32) (11,301) — 3,832 43 Thereafter (45,593) (43,440) (72) (4,292) — 6,046 488 TOTAL $ (140,512) $ (57,210) $ (297) $ (71,537) $ (4,921) $ 27,048 $ 703
Schedule of Estimated Amortization Income	The following table provides information regarding the Company’s estimated future amortization of deferred leasing costs and intangibles as of December 31, 2023: For the Year Ended December 31, Deferred Leasing Costs and In-place Lease Intangibles Below-market Ground Leases Above-market Leases Customer relationships Non-competition agreements Below-market Leases Above-market Ground Leases 2024 $ (27,533) $ (2,754) $ (57) $ (13,986) $ (1,640) $ 5,119 $ 43 2025 (21,242) (2,754) (49) (13,986) (1,640) 4,157 43 2026 (17,978) (2,754) (44) (13,986) (1,261) 3,981 43 2027 (15,184) (2,754) (43) (13,986) (380) 3,913 43 2028 (12,982) (2,754) (32) (11,301) — 3,832 43 Thereafter (45,593) (43,440) (72) (4,292) — 6,046 488 TOTAL $ (140,512) $ (57,210) $ (297) $ (71,537) $ (4,921) $ 27,048 $ 703

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The following table sets forth information with respect to our outstanding indebtedness: December 31, 2023 December 31, 2022 Interest Rate (1) Contractual Maturity Date (2) UNSECURED AND SECURED DEBT Unsecured debt Unsecured revolving credit facility (3)(4) $ 192,000 $ 385,000 SOFR + 1.15% to 1.60% 12/21/2026 (5) Series A notes — 110,000 4.34% 1/2/2023 Series B notes 259,000 259,000 4.69% 12/16/2025 Series C notes 56,000 56,000 4.79% 12/16/2027 Series D notes 150,000 150,000 3.98% 7/6/2026 Series E notes — 50,000 3.66% 9/15/2023 3.95% Registered senior notes 400,000 400,000 3.95% 11/1/2027 4.65% Registered senior notes 500,000 500,000 4.65% 4/1/2029 3.25% Registered senior notes 400,000 400,000 3.25% 1/15/2030 5.95% Registered senior notes (6) 350,000 350,000 5.95% 2/15/2028 Total unsecured debt 2,307,000 2,660,000 Secured debt Hollywood Media Portfolio 1,100,000 1,100,000 SOFR + 1.10% 8/9/2026 (7) Acquired Hollywood Media Portfolio debt (30,233) (209,814) SOFR + 2.11% 8/9/2026 (7) Hollywood Media Portfolio, net (8)(9) 1,069,767 890,186 One Westside and Westside Two (10) — 316,602 SOFR + 1.60% 12/18/2024 Element LA 168,000 168,000 4.59% 11/6/2025 1918 Eighth (11) 314,300 314,300 SOFR + 1.40% 12/18/2025 Hill7 (12) 101,000 101,000 3.38% 11/6/2028 Quixote (13) — 160,000 5.00% 12/31/2023 Total secured debt 1,653,067 1,950,088 Total unsecured and secured debt 3,960,067 4,610,088 Unamortized deferred financing costs/loan discounts (14) (14,753) (24,226) TOTAL UNSECURED AND SECURED DEBT, NET $ 3,945,314 $ 4,585,862 JOINT VENTURE PARTNER DEBT (15) $ 66,136 $ 66,136 4.50% 10/9/2032 (16) _____________ 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 December 31, 2023, which may be different than the interest rates as of December 31, 2022 for corresponding indebtedness. 2. Maturity dates include the effect of extension options. 3. The annual facility fee rate ranges from 0.15% or 0.30% based on the operating partnership’s leverage ratio. The Company has an option to make an irrevocable election to change the interest rate depending on the Company’s credit rating or a specified base rate plus an applicable margin. As of December 31, 2023, no such election had been made and the unsecured revolving credit facility bore interest at SOFR + 1.35%. 4. The Company has a total capacity of $900.0 million available under its unsecured revolving credit facility, up to $225.0 million of which can be used for borrowings in pounds sterling or Canadian dollars. Subject to the satisfaction of certain conditions and lender commitments, the operating partnership may increase the commitments held under the Amended and Restated Credit Agreement up to a total of $2.0 billion either in the form of an increase to an existing unsecured revolving credit facility or a new loan, including a term loan. 5. Includes the option to extend the initial maturity date of December 21, 2025 twice for an additional six-month term each. 6. An amount equal to the net proceeds from the 5.95% registered senior notes has been allocated to new or existing eligible green projects. 7. Includes the option to extend the initial maturity date of August 9, 2023 three times for an additional one-year term each. The first extension option was executed as of August 9, 2023. 8. As of December 31, 2023 and December 31, 2022, the Company owned bonds comprising the loan in the amounts of $30.2 million and $209.8 million, respectively. 9. The floating interest rate on $539.0 million of principal has been capped at 5.70% through the use of an interest rate cap. The floating interest rate on $351.2 million of principal is effectively fixed at 3.31% through the use of an interest rate swap. 10. The construction loan was settled in full in December 2023 with the proceeds from sale of the One Westside and Westside Two properties. 11. This loan is interest-only through its term. The floating interest rate on $141.4 million of principal has been capped at 5.00% through the use of an interest rate cap. The floating interest rate on the remaining $172.9 million of principal has been effectively fixed at 3.75% through the use of an interest rate swap. 12. This loan bears interest only at 3.38% until November 6, 2026, at which time the interest rate will increase and monthly debt service will include principal payments with a balloon payment at maturity. 13. The note was settled in April 2023 for consideration of $150.0 million, a $10.0 million discount on the note’s principal balance. 14. Excludes deferred financing costs related to establishing the Company’s unsecured revolving credit facility, which are reflected in prepaid expenses and other assets, net on the Consolidated Balance Sheets. See Note 2 for details. 15. This amount relates to debt attributable to Allianz U.S. Private REIT LP (“Allianz”), the Company’s partner in the joint venture that owns the Ferry Building property. 16.
Schedule of Maturities of Long-term Debt	The following table provides information regarding the Company’s future minimum principal payments due on the Company’s debt (after the impact of extension options, if applicable) as of December 31, 2023: For the Year Ended December 31, Unsecured and Secured Debt Joint Venture Partner Debt 2024 $ — $ — 2025 741,300 — 2026 1,411,767 — 2027 456,000 — 2028 451,000 — Thereafter 900,000 66,136 TOTAL $ 3,960,067 $ 66,136
Schedule of Existing Covenants and Their Covenant Levels	The following table summarizes existing covenants and their covenant levels as of December 31, 2023 related to our unsecured revolving credit facility and term loans, when considering the most restrictive terms: Covenant Ratio Covenant Level Actual Performance Total liabilities to total asset value ≤ 65% 45.1% Unsecured indebtedness to unencumbered asset value ≤ 65% 41.8% Adjusted EBITDA to fixed charges ≥ 1.5x 1.9x Secured indebtedness to total asset value ≤ 45% 19.9% Unencumbered NOI to unsecured interest expense ≥ 2.0x 2.4x The following table summarizes existing covenants and their covenant levels as of December 31, 2023 related to our private placement notes: Covenant Ratio (1) Covenant Level Actual Performance Total liabilities to total asset value ≤ 65% 48.5% Unsecured indebtedness to unencumbered asset value ≤ 65% 51.3% Adjusted EBITDA to fixed charges ≥ 1.5x 1.9x Secured indebtedness to total asset value ≤ 45% 21.4% Unencumbered NOI to unsecured interest expense ≥ 2.0x 2.4x _________________ 1. The covenant and actual performance metrics above represent terms and definitions reflected in the indentures governing the Series B, Series C and Series D notes. The following table summarizes existing covenants and their covenant levels as of December 31, 2023 related to our registered senior notes: Covenant Ratio (1) Covenant Level Actual Performance Debt to total assets ≤ 60% 43.3% Total unencumbered assets to unsecured debt ≥ 150% 250.5% Consolidated income available for debt service to annual debt service charge ≥ 1.5x 1.9x Secured debt to total assets ≤ 45% 18.9% _________________ 1. The covenant and actual performance metrics above represent terms and definitions reflected in the indentures governing the 3.25% Senior Notes, 3.95% Senior Notes, 4.65% Senior Notes and 5.95% Senior Notes.
Schedule of Gross Interest Expense and Interest Expense	The following table represents a reconciliation from gross interest expense to interest expense on the Consolidated Statements of Operations: Year Ended December 31, 2023 2022 2021 Gross interest expense (1) $ 224,801 $ 162,778 $ 133,165 Capitalized interest (32,253) (18,031) (21,689) Non-cash interest expense (2) 21,867 5,154 10,463 INTEREST EXPENSE $ 214,415 $ 149,901 $ 121,939 _________________ 1. Includes interest on the Company’s debt and hedging activities. 2. Includes the amortization of deferred financing costs and fair market value adjustments for our mark-to-market interest rate derivatives.

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The fair market value of derivatives is presented on a gross basis on the Consolidated Balance Sheets. The following table summarizes the Company’s derivative instruments as of December 31, 2023 and December 31, 2022: Fair Value Assets (Liabilities) Underlying Debt Instrument Type of Instrument Accounting Policy Notional Amount Effective Date Maturity Date Interest Rate December 31, 2023 December 31, 2022 Hollywood Media Portfolio Cap Cash flow hedge $ 1,100,000 August 2021 August 2023 3.50% $ — $ 9,292 1918 Eighth Swap Cash flow hedge $ 172,865 February 2023 October 2025 3.75% 1,075 — 1918 Eighth Cap Partial cash flow hedge (1) $ 314,300 June 2023 December 2025 5.00% 952 — 1918 Eighth Sold cap (2) Mark-to-market $ 172,865 June 2023 December 2025 5.00% (520) — Hollywood Media Portfolio Cap Partial cash flow hedge (1) $ 1,100,000 August 2023 August 2024 5.70% 59 — Hollywood Media Portfolio Sold cap (2) Mark-to-market $ 561,000 August 2023 August 2024 5.70% (29) — Hollywood Media Portfolio Swap Cash flow hedge $ 351,186 August 2023 June 2026 3.31% 4,355 — TOTAL $ 5,892 $ 9,292 _____________ 1. $141,435 and $539,000 of the notional amounts of the 1918 Eighth and Hollywood Media Portfolio caps, respectively, have been designated as effective cash flow hedges for accounting purposes. The remainder of each is accounted for under mark-to-market accounting. 2. The sold caps serve to offset the changes in fair value of the portions of the 1918 Eighth and Hollywood Media Portfolio caps that are not designated as cash flow hedges for accounting purposes.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Provision	The provision for income taxes comprises the following components: Year ended December 31, 2023 Current federal $ 171 Current state 16 Deferred federal 4,776 Deferred state 1,833 Income tax provision $ 6,796
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the statutory federal income tax rate of 21% with the Company’s effective income tax rate is as follows: Year ended December 31, 2023 Income tax benefit computed at the federal statutory rate $ (34,420) Income tax benefit attributable to non-taxable entities 16,643 State income taxes, net of federal tax benefit (4,810) Valuation allowance 29,681 Other (298) Income tax provision $ 6,796
Schedule of Deferred Tax Assets and Liabilities	Significant components of the Company's deferred tax assets and liabilities are as follows: December 31, 2023 Deferred tax assets: Net operating loss and tax credit carryforwards $ 41,339 Depreciation and amortization 11,124 Prepaid rent 1,578 Other 122 Total deferred tax assets 54,163 Valuation allowance (29,477) Net deferred tax assets 24,686 Deferred tax liabilities: Depreciation and amortization (21,170) Unrealized gain on non-real estate investments (4,640) Other (169) Total deferred tax liabilities (25,979) Deferred tax asset, net $ (1,293)

Future Minimum Rents and Leas_2

Future Minimum Rents and Lease Payments (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Future Minimum Base Rents Receivable	The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and termination fees related to tenants exercising early termination options) for properties as of December 31, 2023: Year Ended 2024 $ 573,546 2025 479,086 2026 421,643 2027 366,198 2028 305,730 Thereafter 636,918 TOTAL $ 2,783,121
Schedule of Future Minimum Lease Payments Due	The following table provides information regarding the Company’s future minimum lease payments for its operating leases (including the impact of the extension options which the Company is reasonably certain to exercise) as of December 31, 2023: For the Year Ended December 31, Lease Payments (1) 2024 $ 41,311 2025 40,551 2026 38,976 2027 36,303 2028 34,399 Thereafter 523,804 Total operating lease payments 715,344 Less: interest portion (326,134) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 389,210 _____________ 1. Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date.
Schedule of Rental Expense	For the Year Ended December 31, 2023 2022 2021 Variable rental expense $ 11,005 $ 9,854 $ 10,405 Minimum rental expense $ 45,145 $ 31,003 $ 21,482

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities, Recurring	The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: December 31, 2023 December 31, 2022 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate derivative assets (1) $ — $ 6,441 $ — $ 6,441 $ — $ 9,292 $ — $ 9,292 Interest rate derivative liabilities (2) $ — $ (549) $ — $ (549) $ — $ — $ — $ — Non-real estate investments measured at fair value (1) $ 1 $ — $ — $ 1 $ 544 $ — $ — $ 544 Stock purchase warrant (1) $ — $ — $ — $ — $ — $ 95 $ — $ 95 Earnout liability (2) $ — $ — $ (5,000) $ (5,000) $ — $ — $ (9,300) $ (9,300) Non-real estate investments measured at NAV (1)(3) $ — $ — $ — $ 48,580 $ — $ — $ — $ 46,785 _____________ 1. Included in prepaid expenses and other assets, net on the Consolidated Balance Sheets. 2. Included in accounts payable, accrued liabilities and other on the Consolidated Balance Sheets. 3. According to the relevant accounting standards, certain investments that are measured at fair value using the NAV practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets.
Schedule of Fair Value, Liabilities Measured on Recurring Basis	The following table summarizes changes in the carrying amount of the earnout liability during the year ended December 31, 2023: Balance, December 31, 2022 $ (9,300) Remeasurement to fair value 4,300 Balance, December 31, 2023 $ (5,000)
Schedule of Fair Value Measurements, Recurring and Nonrecurring	The table below represents the carrying value and fair value of the Company’s investment in securities and debt as of: December 31, 2023 December 31, 2022 Carrying Value Fair Value Carrying Value Fair Value Liabilities Unsecured debt (1) $ 2,307,000 $ 1,971,410 $ 2,660,000 $ 2,364,871 Secured debt (1) $ 1,653,067 $ 1,634,668 $ 1,950,088 $ 1,927,297 Consolidated joint venture partner debt $ 66,136 $ 59,966 $ 66,136 $ 60,327 _____________ 1. Amounts represent debt excluding unamortized deferred financing costs and loan discounts/premiums.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Key Components of OPP Plan	The following table outlines key components of the 2023 PSU Plan: Operational Performance Unit Maximum bonus pool, in millions $15.0 Performance period 1/1/2023 to 12/31/2023 The following table outlines key components of the 2022 PSU Plan: Operational Performance Unit Relative TSR Performance Unit Maximum bonus pool, in millions $15.0 $15.0 Performance period 1/1/2022 to 12/31/2022 1/1/2022 to 12/31/2024 The following table outlines key components of the 2021 PSU Plan: Operational Performance Unit Relative TSR Performance Unit Maximum bonus pool, in millions $16.7 $16.7 Performance period 1/1/2021 to 12/31/2021 1/1/2021 to 12/31/2023
Schedule of Valuation Assumptions	The per unit fair value of the 2023, 2022 and 2021 PSU awards granted was estimated on the date of grant using the following assumptions in the Monte Carlo simulation: 2023 2022 2021 Expected price volatility for the Company 40.00% 43.00% 41.00% Expected price volatility for the particular REIT index 27.00% 33.00% 31.00% Risk-free rate 3.44% 1.72% 0.17% Dividend yield 5.40% 3.60% 3.50%
Schedule of Activity and Status of Unvested Stock Awards	The following table summarizes the activity and status of all unvested stock awards: 2023 2022 2021 Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Unvested at January 1 309,837 $ 23.14 507,534 $ 25.17 442,645 $ 27.44 Granted 618,316 7.54 50,915 20.15 276,800 23.90 Vested (35,888) 7.83 (234,741) 26.81 (203,329) 28.33 Canceled (198,430) 23.61 (13,871) 24.42 (8,582) 26.21 Unvested at December 31 693,835 $ 9.89 309,837 $ 23.14 507,534 $ 25.17
Schedule of Activity and Status of Unvested Performance Units	The following table summarizes the activity and status of all unvested time-based restricted operating partnership performance units: 2023 2022 2021 Units Weighted-Average Grant-Date Fair Value Units Weighted-Average Grant-Date Fair Value Units Weighted-Average Grant-Date Fair Value Unvested at January 1 357,656 $ 22.53 681,394 $ 24.91 771,432 $ 27.08 Granted 1,422,893 8.16 25,206 11.98 355,551 24.68 Vested (508,650) 14.11 (348,944) 26.42 (349,804) 29.85 Canceled — — — — (95,785) 23.49 Unvested at December 31 1,271,899 $ 9.82 357,656 $ 22.53 681,394 $ 24.91
Schedule of Stock-based Compensation Related to Company's Awards	The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: For the Year Ended December 31, 2023 2022 2021 Expensed stock compensation (1) $ 23,863 $ 24,296 $ 21,163 Capitalized stock compensation (2) 3,021 3,354 3,524 Total stock compensation (3) $ 26,884 $ 27,650 $ 24,687 _________________ 1. Amounts are recorded in general and administrative expenses, office operating expenses and studio operating expenses on the Consolidated Statements of Operations. 2. Amounts are recorded in investment in real estate, at cost on the Consolidated Balance Sheets. 3. Amounts are recorded in additional paid-in capital and non-controlling interest—units in the operating partnership on the Consolidated Balance Sheets.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
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 to net (loss) income available to common stockholders: For the Year Ended December 31, 2023 2022 2021 Numerator: Basic and diluted net (loss) income available to common stockholders $ (192,181) $ (56,499) $ 6,064 Denominator: Basic weighted average common shares outstanding 140,953,088 143,732,433 151,618,282 Effect of dilutive instruments (1) — — 325,078 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 140,953,088 143,732,433 151,943,360 Basic earnings per common share $ (1.36) $ (0.39) $ 0.04 Diluted earnings per common share $ (1.36) $ (0.39) $ 0.04 _____________ 1. The Company includes unvested awards and convertible common and participating units as contingently issuable shares in the computation of diluted earnings per share once the market or performance 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. The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit to net (loss) income available to common unitholders: For the Year Ended December 31, 2023 2022 2021 Numerator: Basic and diluted net (loss) income available to common unitholders $ (195,539) $ (57,208) $ 6,125 Denominator: Basic weighted average common units outstanding 143,421,154 145,580,928 153,007,287 Effect of dilutive instruments (1) — — 325,078 DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING 143,421,154 145,580,928 153,332,365 Basic earnings per common unit $ (1.36) $ (0.39) $ 0.04 Diluted earnings per common unit $ (1.36) $ (0.39) $ 0.04 _____________ 1. The operating partnership includes unvested awards as contingently issuable units in the computation of diluted earnings per unit once the market or performance 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 unit calculation.

Redeemable Non-controlling In_2

Redeemable Non-controlling Interest (Tables)	12 Months Ended
	Dec. 31, 2023
Noncontrolling Interest [Abstract]
Schedule of Non-controlling Interests	The following table reconciles the beginning and ending balances of redeemable non-controlling interests: Series A Redeemable Preferred Units Consolidated Real Estate Entities Balance at December 31, 2022 $ 9,815 $ 125,044 Contributions — 2,025 Distributions — (82,407) Declared dividend (153) — Net income 153 12,520 BALANCE AT DECEMBER 31, 2023 $ 9,815 $ 57,182

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss (“AOCI”): Derivative Instruments Currency Translation Adjustments Total AOCI Balance at January 1, 2021 $ (11,378) $ 3,245 $ (8,133) Unrealized gain (loss) recognized in AOCI 169 (1,049) (880) Reclassification from AOCI into income (1) 7,252 — 7,252 Net change in AOCI 7,421 (1,049) 6,372 Balance at December 31, 2021 (3,957) 2,196 (1,761) Unrealized gain (loss) recognized in AOCI 612 (12,188) (11,576) Reclassification from AOCI into income (1) 2,065 — 2,065 Net change in AOCI 2,677 (12,188) (9,511) Balance at December 31, 2022 (1,280) (9,992) (11,272) Unrealized gain recognized in AOCI 9,462 6,149 15,611 Reclassification from AOCI into income (1) (4,526) — (4,526) Net change in AOCI 4,936 6,149 11,085 Balance at December 31, 2023 $ 3,656 $ (3,843) $ (187) _____________ 1. The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. The table below presents the activity related to Hudson Pacific Properties, LP’s AOCI: Derivative Instruments Currency Translation Adjustments Total AOCI Balance at January 1, 2021 $ (11,485) $ 3,239 (8,246) Unrealized gain (loss) recognized in AOCI 171 (1,064) (893) Reclassification from AOCI into income (1) 7,360 — 7,360 Net change in AOCI 7,531 (1,064) 6,467 Balance at December 31, 2021 (3,954) 2,175 (1,779) Unrealized gain (loss) recognized in AOCI 597 (12,375) (11,778) Reclassification from AOCI into income (1) 2,097 — 2,097 Net change in AOCI 2,694 (12,375) (9,681) Balance at December 31, 2022 (1,260) (10,200) (11,460) Unrealized gain recognized in AOCI 9,729 6,325 16,054 Reclassification from AOCI into income (1) (4,656) — (4,656) Net change in AOCI 5,073 6,325 11,398 Balance at December 31, 2023 3,813 (3,875) $ (62) _____________ 1. The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations.
Schedule of Other Ownership Interests	The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of: December 31, 2023 December 31, 2022 December 31, 2021 Company-owned common units in the operating partnership 141,034,806 141,054,478 151,124,543 Company’s ownership interest percentage 98.0 % 98.5 % 98.8 % Non-controlling common units in the operating partnership (1) 2,810,433 2,191,842 1,842,898 Non-controlling ownership interest percentage 2.0 % 1.5 % 1.2 % _________________ 1. Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of December 31, 2023, this amount represents both common units and performance units of 550,969 and 2,259,464, respectively. As of December 31, 2022, this amount represents both common units and performance units of 550,969 and 1,640,873, respectively. As of December 31, 2021, this amount represents both common units and performance units of 550,969 and 1,291,929, respectively.
Schedule of Dividends	The following table summarizes dividends per share declared and paid for the periods presented: For the Year Ended December 31, 2023 2022 2021 Common stock (1) $ 0.375 $ 1.00 $ 1.00 Common units (1) $ 0.375 $ 1.00 $ 1.00 Series A preferred units $ 1.5625 $ 1.5625 $ 1.5625 Series C preferred stock (2) $ 1.1875 $ 1.3359 $ — _________________ 1. In September 2023, the Company temporarily suspended its quarterly common stock dividend. As a result, the common unit and performance unit dividends were also suspended. 2. Dividends paid during the year ended December 31, 2022 include a $0.2968750 per share dividend declared and paid in each of the first, second, third and fourth quarters of 2022 and a $0.1484375 per share dividend declared during the fourth quarter of 2021.
Schedule of Dividends Taxability	The Company’s dividends related to its common stock will be classified for U.S. federal income tax purposes as follows (unaudited): Dividends Capital Gains Section 897 Record Date Payment Date Distribution Per Share Total Qualified Total Unrecaptured Section 1250 Ordinary Dividends Capital Gains Return of Capital 3/20/2023 3/30/2023 $ 0.250000 $ 0.000000 $ 0.000000 $ 0.250000 $ 0.115922 $ 0.000000 $ 0.250000 $ 0.000000 6/20/2023 6/30/2023 0.125000 0.000000 0.000000 0.125000 0.057961 0.000000 0.125000 0.000000 TOTALS $ 0.375000 $ 0.000000 $ 0.000000 $ 0.375000 $ 0.173883 $ 0.000000 $ 0.375000 $ 0.000000 100.00 % 0.00 % 0.00 % 100.00 % 46.37 % 0.00 % 100.00 % 0.00 % The Company’s dividends related to its 4.750% series C preferred stock will be classified for U.S. federal income tax purposes as follows (unaudited): Dividends Capital Gains Section 897 Record Date Payment Date Distribution Per Share Total Qualified Total Unrecaptured Section 1250 Ordinary Dividends Capital Gains Return of Capital 3/20/2023 3/30/2023 $ 0.296875 $ 0.000000 $ 0.000000 $ 0.296875 $ 0.137658 $ 0.000000 $ 0.296875 $ 0.000000 6/20/2023 6/30/2023 0.296875 0.000000 0.000000 0.296875 0.137658 0.000000 0.296875 0.000000 9/19/2023 9/29/2023 0.296875 0.000000 0.000000 0.296875 0.137658 0.000000 0.296875 0.000000 12/18/2023 12/28/2023 0.296875 0.000000 0.000000 0.296875 0.137658 0.000000 0.296875 0.000000 TOTALS $ 1.187500 $ 0.000000 $ 0.000000 $ 1.187500 $ 0.550632 $ 0.000000 $ 1.187500 $ 0.000000 100.00 % 0.00 % 0.00 % 100.00 % 46.37 % 0.00 % 100.00 % 0.00 %

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	The table below presents the operating activity of the Company’s reportable segments: Year Ended December 31, 2023 2022 2021 Office segment Office revenues $ 812,375 $ 852,700 $ 795,370 Office expenses (312,018) (308,668) (280,334) Office segment profit 500,357 544,032 515,036 Studio segment Studio revenues 139,922 173,524 101,465 Studio expenses (138,447) (105,150) (55,513) Studio segment profit 1,475 68,374 45,952 TOTAL SEGMENT PROFIT $ 501,832 $ 612,406 $ 560,988 Segment revenues $ 952,297 $ 1,026,224 $ 896,835 Segment expenses (450,465) (413,818) (335,847) TOTAL SEGMENT PROFIT $ 501,832 $ 612,406 $ 560,988 The table below is a reconciliation of net (loss) income to total profit from all segments: Year Ended December 31, 2023 2022 2021 NET (LOSS) INCOME $ (170,700) $ (16,517) $ 29,012 General and administrative 74,958 79,501 71,346 Depreciation and amortization 397,846 373,219 343,614 Loss (income) from unconsolidated real estate entities 3,902 (943) (1,822) Fee income (6,181) (7,972) (3,221) Interest expense 214,415 149,901 121,939 Interest income (2,182) (2,340) (3,794) Management services reimbursement income—unconsolidated real estate entities (4,125) (4,163) (1,132) Management services expense—unconsolidated real estate entities 4,125 4,163 1,132 Transaction-related expenses (1,150) 14,356 8,911 Unrealized loss (gain) on non-real estate investments 3,120 1,440 (16,571) (Gain) loss on sale of real estate (103,202) 2,164 — Impairment loss 60,158 28,548 2,762 (Gain) loss on extinguishment of debt (10,000) — 6,259 Other expense (income) 6 (8,951) 2,553 Loss on sale of bonds 34,046 — — Income tax provision $ 6,796 $ — $ — TOTAL PROFIT FROM ALL SEGMENTS $ 501,832 $ 612,406 $ 560,988

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Information	Supplemental cash flow information for Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. is included as follows: Year Ended December 31, 2023 2022 2021 Cash paid for interest, net of capitalized interest $ 197,599 $ 133,869 $ 112,043 Non-cash investing and financing activities Note payable issued as consideration in a business combination $ — $ 160,000 $ — Accounts payable and accrued liabilities for real estate investments $ 87,779 $ 150,408 $ 193,521 Lease liabilities recorded in connection with right-of-use assets $ 2,117 $ 100,805 $ 26,824 Ground lease remeasurement $ 5,751 $ 23,177 $ — Earnout liability recognized as contingent consideration for business combination $ — $ — $ 11,383 Series C preferred stock dividend accrual $ — $ — $ 2,281

Organization - Schedule of Comp

Organization - Schedule of Company's Portfolio (Details)	Dec. 31, 2023 ft² property	Aug. 28, 2023
Real Estate Properties
Number of properties | property	58
Net rentable area (in square feet) | ft²	19,615,472
Consolidated portfolio
Real Estate Properties
Number of properties | property	53
Net rentable area (in square feet) | ft²	16,004,041
Consolidated portfolio | Office
Real Estate Properties
Number of properties | property	45
Net rentable area (in square feet) | ft²	13,131,277
Consolidated portfolio | Studio
Real Estate Properties
Number of properties | property	3
Net rentable area (in square feet) | ft²	1,256,522
Consolidated portfolio | Future development
Real Estate Properties
Number of properties | property	5
Net rentable area (in square feet) | ft²	1,616,242
Unconsolidated portfolio
Real Estate Properties
Number of properties | property	5
Net rentable area (in square feet) | ft²	3,611,431
Unconsolidated portfolio | Bentall Centre
Real Estate Properties
Joint venture, ownership percentage	20%
Unconsolidated portfolio | Sunset Glenoaks Studios
Real Estate Properties
Joint venture, ownership percentage	50%
Unconsolidated portfolio | Sunset Waltham Cross Studios
Real Estate Properties
Joint venture, ownership percentage	35%
Unconsolidated portfolio | Sunset Pier 94 Studios
Real Estate Properties
Joint venture, ownership percentage	51%	51%
Joint venture, ownership percentage	26%	25.60%
Unconsolidated portfolio | Office
Real Estate Properties
Number of properties | property	1
Net rentable area (in square feet) | ft²	1,521,084
Unconsolidated portfolio | Studio
Real Estate Properties
Number of properties | property	2
Net rentable area (in square feet) | ft²	473,000
Unconsolidated portfolio | Future development
Real Estate Properties
Number of properties | property	2
Net rentable area (in square feet) | ft²	1,617,347

Organization - Narrative (Detai

Organization - Narrative (Details)	12 Months Ended
	Dec. 31, 2023
Rentable Square Feet | Customer Concentration Risk | 15 largest tenants
Real Estate Properties
Contribution risk, percentage	22.60%
Rentable Square Feet | Customer Concentration Risk | Technology Sector
Real Estate Properties
Contribution risk, percentage	21.40%
Rentable Square Feet | Customer Concentration Risk | Media And Entertainment Sector
Real Estate Properties
Contribution risk, percentage	17.10%
Revenue Benchmark | Customer Concentration Risk | Google Inc. | Office
Real Estate Properties
Contribution risk, percentage	14.30%
Revenue Benchmark | Customer Concentration Risk | Netflix, Inc. | Studio
Real Estate Properties
Contribution risk, percentage	20%
California | Property | Geographic Concentration Risk
Real Estate Properties
Contribution risk, percentage	68.90%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) jointVenture segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Aug. 28, 2023	Aug. 31, 2022 USD ($)
Accounting Policies
Derivative, Gain, Statement of Income or Comprehensive Income [Extensible Enumeration]		Non-cash interest expense
Gain on derivatives		$ 8,700,000
Construction costs capitalization period after substantially complete	1 year
Number of operating segments | segment	3
Goodwill	$ 264,144,000	263,549,000	$ 109,400,000
Goodwill impairment	0	0	0
Accounts receivable	25,000,000	16,900,000
Accounts receivable, allowance for doubtful accounts	(400,000)	(100,000)
Straight-line rent receivables	220,800,000	279,900,000
Straight-line rent receivables, allowance for doubtful accounts	0	0
Unrealized (loss) gain on non-real estate investments	(3,120,000)	(1,440,000)	16,571,000
Gain (loss) recognized on stock purchase warrant	$ (100,000)	(1,600,000)	1,700,000
Weighted average incremental borrowing rate	5.60%
Weighted average remaining lease term	22 years
Minimum
Accounting Policies
Finite-lived intangible assets useful life	5 years
Maximum
Accounting Policies
Finite-lived intangible assets useful life	7 years
Quixote
Accounting Policies
Goodwill					$ 153,409,000
Goodwill, acquisition		154,100,000
Real Estate Technology Venture Capital Fund
Accounting Policies
Unrealized (loss) gain on non-real estate investments	$ (3,000,000)	$ 200,000	$ 14,900,000
Cumulative unrealized gain (loss), entities that report NAV	$ 10,800,000
Consolidated Real Estate Entities
Accounting Policies
Number of joint ventures meeting the VIE definition | jointVenture	20
Number of joint ventures consolidated | jointVenture	13
VIE, not primary beneficiary
Accounting Policies
Number of joint ventures not consolidated | jointVenture	7
VIE, not primary beneficiary | Sunset Pier 94 Studios
Accounting Policies
Joint venture, ownership percentage	26%			25.60%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Variable Interest Entities (Details) - Consolidated Real Estate Entities	11 Months Ended	12 Months Ended
	Nov. 30, 2023	Dec. 31, 2023
1455 Market
Accounting Policies
VIE, ownership percentage		55%
Hill7
Accounting Policies
VIE, ownership percentage		55%
HPP-MAC WSP, LLC
Accounting Policies
VIE, ownership percentage		75%
Ferry Building
Accounting Policies
VIE, ownership percentage		55%
Sunset Bronson Studios, ICON, CUE
Accounting Policies
VIE, ownership percentage		51%
Sunset Gower Entertainment Properties, LLC
Accounting Policies
VIE, ownership percentage		51%
Sunset 1440 North Gower Street, LLC
Accounting Policies
VIE, ownership percentage		51%
Sunset Las Palmas Studios, Harlow
Accounting Policies
VIE, ownership percentage		51%
Sunset Services Holdings, LLC
Accounting Policies
VIE, ownership percentage		51%
EPIC
Accounting Policies
VIE, ownership percentage		51%
Hudson Media and Entertainment Management, LLC
Accounting Policies
VIE, ownership percentage		51%
6040 Sunset
Accounting Policies
VIE, ownership percentage		51%
1918 Eighth
Accounting Policies
VIE, ownership percentage		55%
One Westside & Westside Two | HPP-MAC WSP, LLC
Accounting Policies
VIE, ownership percentage	100%
Sunset Bronson Services LLC, Sunset Gower Services LLC And Sunset Las Palmas Services LLC | Sunset Services Holdings, LLC
Accounting Policies
VIE, ownership percentage		100%

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Costs Capitalized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Capitalized personnel costs	$ 16,496	$ 18,098	$ 16,728
Capitalized interest	$ 32,253	$ 18,031	$ 21,689

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Property, Plant and Equipment Net (Details)	Dec. 31, 2023
Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Building and improvements
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Land improvements
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Cash and cash equivalents	$ 100,391	$ 255,761	$ 96,555	$ 113,686
Restricted cash	18,765	29,970	100,321	35,854
Total cash and cash equivalents and restricted cash	$ 119,156	$ 285,731	$ 196,876	$ 149,540

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Prepaid Expenses and Other Assets, net (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Prepaid Expenses and Other Assets, net
Non-real estate investments	$ 48,581	$ 47,329
Deferred tax assets	2,412	5,317
Interest rate derivative assets	6,441	9,292
Prepaid insurance	10,611	6,530
Deferred financing costs, net	4,316	5,824
Prepaid property tax	2,075	2,041
Stock purchase warrant	0	95
Other	19,709	22,409
PREPAID EXPENSES AND OTHER ASSETS, NET	$ 94,145	$ 98,837

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Schedule of Revenue Streams (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue
Management fee income	$ 6,181	$ 7,972	$ 3,221
Management services reimbursement income	4,125	4,163	1,132
Ancillary revenues
Disaggregation of Revenue
Service and other revenues	76,099	107,075	46,984
Receivables	5,478	15,503
Other revenues
Disaggregation of Revenue
Service and other revenues	17,650	23,118	15,168
Receivables	954	1,193
Studio-related tenant recoveries
Disaggregation of Revenue
Service and other revenues	$ 2,177	$ 1,951	$ 1,962

Business Combinations - Narrati

Business Combinations - Narrative (Details) - USD ($) $ in Thousands		12 Months Ended
	Aug. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Combination, Separately Recognized Transactions
Goodwill		$ 264,144	$ 263,549	$ 109,400
Transaction-related expenses		$ (1,150)	14,356	$ 8,911
Quixote
Business Combination, Separately Recognized Transactions
Business acquisition, equity and voting interests acquired	100%
Intangible assets	$ 76,900
Weighted-average amortization period	7 years
Goodwill	$ 153,409
Transaction-related expenses			$ 8,700
Quixote | Trade name
Business Combination, Separately Recognized Transactions
Intangible assets	28,600
Quixote | Customer Relationships And Non-Compete Agreements
Business Combination, Separately Recognized Transactions
Intangible assets	48,300
Quixote | Customer relationships
Business Combination, Separately Recognized Transactions
Intangible assets	$ 45,400
Weighted-average amortization period	7 years
Quixote | Non-competition agreements
Business Combination, Separately Recognized Transactions
Intangible assets	$ 2,900
Weighted-average amortization period	5 years

Business Combinations - Schedul

Business Combinations - Schedule of Consideration Transferred (Details) - USD ($) $ in Thousands		12 Months Ended
	Aug. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Combination, Separately Recognized Transactions
Cash		$ 0	$ 199,098	$ 209,854
Seller note		$ 0	$ 160,000	$ 0
Quixote
Business Combination, Separately Recognized Transactions
Cash	$ 199,098
Seller note	160,000
Total consideration	$ 359,098

Business Combinations - Sched_2

Business Combinations - Schedule of Fair Value Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Aug. 31, 2022	Dec. 31, 2021
Business Combination, Separately Recognized Transactions
Goodwill	$ 264,144	$ 263,549		$ 109,400
Quixote
Business Combination, Separately Recognized Transactions
Cash and cash equivalents			$ 5,780
Accounts receivable			7,238
Prepaid expenses and other assets			3,788
Investment in real estate			47,741
Non-real estate property, plant and equipment			65,939
Intangible assets			76,900
Right-of-use assets			106,115
Total assets acquired			313,501
Accounts payable, accrued liabilities and other			12,700
Lease liabilities			95,112
Total liabilities assumed			107,812
Net identifiable assets acquired			205,689
Goodwill			153,409
NET ASSETS ACQUIRED			$ 359,098

Business Combinations - Sched_3

Business Combinations - Schedule of Pro Forma (Details) - Quixote - USD ($) $ in Thousands	4 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Business Combination, Separately Recognized Transactions
Revenue	$ 33,200	$ 1,090,857	$ 982,985
Net (loss) income	$ (5,290)	$ (17,715)	$ 38,508

Investment in Real Estate - Sch

Investment in Real Estate - Schedule of Investment in Real Estate (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real Estate [Abstract]
Land	$ 1,220,339	$ 1,397,714
Building and improvements	5,969,364	6,273,655
Tenant and leasehold improvements	818,653	868,193
Furniture and fixtures	8,609	9,639
Property under development	195,931	167,371
INVESTMENT IN REAL ESTATE, AT COST	$ 8,212,896	$ 8,716,572

Investment in Real Estate - Nar

Investment in Real Estate - Narrative (Details) $ in Thousands				12 Months Ended
	Jul. 15, 2022 USD ($) a	May 19, 2022 USD ($)	Apr. 27, 2022 USD ($)	Dec. 31, 2023 USD ($) property	Dec. 31, 2022 USD ($) property	Dec. 31, 2021 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss				$ 60,158	$ 28,548	$ 2,762
Number of properties | property				58
Washington 1000
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Total purchase price			$ 85,600
Sunset Gower Studios Land
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Total purchase price		$ 22,000
5801 Bobby Foster Road
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Total purchase price	$ 8,000
Area of land (sqft) | a	29
Foothill Research Center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss				$ 48,500
Impaired real estate estimated fair value				$ 32,700
Del Amo
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss					13,000
Impaired real estate estimated fair value					2,800	$ 17,400
Northview
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss					1,500
Impaired real estate estimated fair value					46,000
6922 Hollywood
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss					3,100
Impaired real estate estimated fair value					$ 96,000
Skyway Landing | Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Number of properties | property					1

Investment in Real Estate - S_2

Investment in Real Estate - Schedule of Purchase Price of Accounting (Details) - USD ($) $ in Thousands	Jul. 15, 2022	May 19, 2022	Apr. 27, 2022
Washington 1000
Real Estate Properties
TOTAL ACQUISITION COST			$ 86,313
Washington 1000 | Future development
Real Estate Properties
TOTAL ACQUISITION COST			59,987
Washington 1000 | Building and improvements
Real Estate Properties
TOTAL ACQUISITION COST			11,053
Washington 1000 | Parking easement
Real Estate Properties
TOTAL ACQUISITION COST			$ 15,273
Sunset Gower Studios Land
Real Estate Properties
TOTAL ACQUISITION COST		$ 22,156
Sunset Gower Studios Land | Future development
Real Estate Properties
TOTAL ACQUISITION COST		22,156
Sunset Gower Studios Land | Building and improvements
Real Estate Properties
TOTAL ACQUISITION COST		0
Sunset Gower Studios Land | Parking easement
Real Estate Properties
TOTAL ACQUISITION COST		$ 0
5801 Bobby Foster Road
Real Estate Properties
TOTAL ACQUISITION COST	$ 8,457
5801 Bobby Foster Road | Future development
Real Estate Properties
TOTAL ACQUISITION COST	2,189
5801 Bobby Foster Road | Building and improvements
Real Estate Properties
TOTAL ACQUISITION COST	6,268
5801 Bobby Foster Road | Parking easement
Real Estate Properties
TOTAL ACQUISITION COST	$ 0

Investment in Real Estate - S_3

Investment in Real Estate - Schedule of Dispositions (Details) - Disposed of by Sale $ in Millions									12 Months Ended
	Dec. 27, 2023 USD ($) ft²	Nov. 21, 2023 USD ($) ft²	Aug. 25, 2023 USD ($) ft²	Aug. 24, 2023 USD ($) ft²	Feb. 06, 2023 USD ($) ft²	Oct. 20, 2022 USD ($) ft²	Aug. 30, 2022 USD ($) ft²	Aug. 05, 2022 USD ($) ft²	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Sales Price									$ 918	$ 144.8
Gain (Loss) on Sale									$ 103.2	$ (2.2)
Skyway Landing
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²					246,997
Sales Price					$ 102
Gain (Loss) on Sale					$ 7
604 Arizona
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²				44,260
Sales Price				$ 32.5
Gain (Loss) on Sale				$ 10.3
3401 Exposition
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²			63,376
Sales Price			$ 40
Gain (Loss) on Sale			$ 5.8
Cloud10
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²		350,000
Sales Price		$ 43.5
Gain (Loss) on Sale		$ 19.9
One Westside & Westside Two
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²	686,725
Sales Price	$ 700
Gain (Loss) on Sale	$ 60.2
Del Amo
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²								113,000
Sales Price								$ 2.8
Gain (Loss) on Sale								$ 0
Northview
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²							179,985
Sales Price							$ 46
Gain (Loss) on Sale							$ (0.2)
6922 Hollywood
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Area of real estate property (in square feet) | ft²						205,189
Sales Price						$ 96
Gain (Loss) on Sale						$ (2)

Investment in Real Estate - S_4

Investment in Real Estate - Schedule of Real Estate Held for Sale (Details) - Skyway Landing - Held-for-sale $ in Thousands	Dec. 31, 2022 USD ($)
ASSETS
Investment in real estate, net	$ 92,148
Accounts receivable, net	112
Straight-line rent receivables, net	460
Deferred leasing costs and intangible assets, net	501
Prepaid expenses and other assets, net	17
ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE	93,238
LIABILITIES
Accounts payable, accrued liabilities and other	400
Security deposits and prepaid rent	265
Liabilities associated with real estate held for sale	$ 665

Non-Real Estate Property, Pla_3

Non-Real Estate Property, Plant and Equipment, net (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	$ 156,565	$ 153,833
Accumulated depreciation	(37,782)	(23,544)
NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET	$ 118,783	130,289
Minimum
Property, Plant and Equipment, Net, by Type
Estimated useful life	3 years
Maximum
Property, Plant and Equipment, Net, by Type
Estimated useful life	20 years
Trailers
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	$ 70,462	68,973
Production equipment
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	37,100	36,019
Trucks and other vehicles
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	20,044	20,306
Leasehold improvements
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	15,888	16,993
Furniture, fixtures and equipment
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	$ 6,112	5,849
Furniture, fixtures and equipment | Minimum
Property, Plant and Equipment, Net, by Type
Estimated useful life	5 years
Furniture, fixtures and equipment | Maximum
Property, Plant and Equipment, Net, by Type
Estimated useful life	7 years
Other equipment
Property, Plant and Equipment, Net, by Type
Non-real estate property, plant and equipment, at cost	$ 6,959	$ 5,693

Investment in Unconsolidated _3

Investment in Unconsolidated Real Estate Entities - Schedule of Variable Interest Entities (Details) - VIE, not primary beneficiary - USD ($) $ in Thousands	Dec. 31, 2023	Aug. 28, 2023
Sunset Waltham Cross Studios
Schedule of Equity Method Investments
Joint venture, ownership percentage	35%
Sunset Glenoaks Studios
Schedule of Equity Method Investments
Joint venture, ownership percentage	50%
Bentall Centre
Schedule of Equity Method Investments
Joint venture, ownership percentage	20%
Bentall Centre | Financial guarantee
Schedule of Equity Method Investments
Maximum exposure for guarantee	$ 96,400
Sunset Pier 94 Studios
Schedule of Equity Method Investments
Joint venture, ownership percentage	51%	51%
Joint venture, ownership percentage	26%	25.60%
Sunset Pier 94 Studios | Financial guarantee
Schedule of Equity Method Investments
Maximum exposure for guarantee	$ 26
Sunset Pier 94 Studios
Schedule of Equity Method Investments
Joint venture, ownership percentage		50.10%

Investment in Unconsolidated _4

Investment in Unconsolidated Real Estate Entities - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments
Investment in unconsolidated real estate entities	$ 252,711	$ 180,572
Unconsolidated joint ventures
Schedule of Equity Method Investments
Investment in unconsolidated real estate entities	$ 100	$ 100

Investment in Unconsolidated _5

Investment in Unconsolidated Real Estate Entities - Schedule of Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Investment in real estate, net	$ 6,484,459	$ 7,175,301
TOTAL ASSETS	8,282,050	9,319,140
Liabilities
Total liabilities	4,720,881	5,434,450
Total equity	3,494,172	3,749,831	$ 4,196,992	$ 3,967,980
TOTAL LIABILITIES AND CAPITAL	8,282,050	9,319,140
Equity method investment, nonconsolidated investee or group of investees
ASSETS
Investment in real estate, net	1,295,449	1,093,448
Other assets	40,790	62,870
TOTAL ASSETS	1,336,239	1,156,318
Liabilities
Secured debt, net	564,949	527,985
Other liabilities	46,947	49,027
Total liabilities	611,896	577,012
Company's capital	225,898	170,656
Partner's capital	498,445	408,650
Total equity	724,343	579,306
TOTAL LIABILITIES AND CAPITAL	$ 1,336,239	$ 1,156,318

Investment in Unconsolidated _6

Investment in Unconsolidated Real Estate Entities - Schedule of Income Statement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity Method Investment, Summarized Financial Information, Income Statement
TOTAL REVENUES	$ 952,297	$ 1,026,224	$ 896,835
NET (LOSS) INCOME	(170,700)	(16,517)	29,012
Equity method investment, nonconsolidated investee or group of investees
Equity Method Investment, Summarized Financial Information, Income Statement
TOTAL REVENUES	70,200	83,441	80,901
TOTAL EXPENSES	(88,876)	(78,083)	(70,934)
NET (LOSS) INCOME	$ (18,676)	$ 5,358	$ 9,967

Deferred Leasing Costs and In_3

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net - Schedule of Finite-lived Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles, net	$ 326,950	$ 393,842
TOTAL	27,751	34,091
Below-market Leases
Finite-Lived Intangible Assets, Net
Below-market leases, net	58,833	59,540
Accumulated amortization	(31,785)	(26,195)
TOTAL	27,048	33,345
Above-market Ground Leases
Finite-Lived Intangible Assets, Net
Below-market leases, net	1,095	1,095
Accumulated amortization	(392)	(349)
TOTAL	703	746
Deferred Leasing Costs and In-place Lease Intangibles
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles	290,969	328,617
Accumulated amortization	(150,457)	(141,353)
Deferred leasing costs and lease intangibles, net	140,512	187,264
Below-market Ground Leases
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles	77,943	79,562
Accumulated amortization	(20,733)	(17,979)
Deferred leasing costs and lease intangibles, net	57,210	61,583
Above-market Leases
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles	673	724
Accumulated amortization	(376)	(324)
Deferred leasing costs and lease intangibles, net	297	400
Customer relationships
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles	97,900	97,900
Accumulated amortization	(26,363)	(12,346)
Deferred leasing costs and lease intangibles, net	71,537	85,554
Non-competition agreements
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles	8,200	8,200
Accumulated amortization	(3,279)	(1,632)
Deferred leasing costs and lease intangibles, net	4,921	6,568
Trade name
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles, net	37,200	37,200
Parking easement
Finite-Lived Intangible Assets, Net
Deferred leasing costs and lease intangibles, net	$ 15,273	$ 15,273

Deferred Leasing Costs and In_4

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net - Schedule of Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	$ 6,235	$ 8,032	$ 11,415
Customer relationships
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(14,017)	(9,662)	(2,684)
Non-competition agreements
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(1,647)	(1,253)	(379)
Below-market Leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	6,297	8,156	12,032
Above-market Ground Leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	43	43	43
Deferred Leasing Costs and In-place Lease Intangibles
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(36,791)	(40,171)	(45,128)
Below-market Ground Leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(2,795)	(2,775)	(2,410)
Above Market Leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	$ (62)	$ (124)	$ (167)

Deferred Leasing Costs and In_5

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net - Schedule of Future Amortization of Deferred Leasing Costs and Intangibles (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets, Net, Amortization Expense
TOTAL	$ (326,950)	$ (393,842)
Finite-Lived Intangible Liabilities
TOTAL	27,751	34,091
Below-market Leases
Finite-Lived Intangible Liabilities
2024	5,119
2025	4,157
2026	3,981
2027	3,913
2028	3,832
Thereafter	6,046
TOTAL	27,048	33,345
Above-market Ground Leases
Finite-Lived Intangible Liabilities
2024	43
2025	43
2026	43
2027	43
2028	43
Thereafter	488
TOTAL	703	746
Deferred Leasing Costs and In-place Lease Intangibles
Finite-Lived Intangible Assets, Net, Amortization Expense
2024	(27,533)
2025	(21,242)
2026	(17,978)
2027	(15,184)
2028	(12,982)
Thereafter	(45,593)
TOTAL	(140,512)	(187,264)
Below-market Ground Leases
Finite-Lived Intangible Assets, Net, Amortization Expense
2024	(2,754)
2025	(2,754)
2026	(2,754)
2027	(2,754)
2028	(2,754)
Thereafter	(43,440)
TOTAL	(57,210)	(61,583)
Above-market Leases
Finite-Lived Intangible Assets, Net, Amortization Expense
2024	(57)
2025	(49)
2026	(44)
2027	(43)
2028	(32)
Thereafter	(72)
TOTAL	(297)	(400)
Customer relationships
Finite-Lived Intangible Assets, Net, Amortization Expense
2024	(13,986)
2025	(13,986)
2026	(13,986)
2027	(13,986)
2028	(11,301)
Thereafter	(4,292)
TOTAL	(71,537)	(85,554)
Non-competition agreements
Finite-Lived Intangible Assets, Net, Amortization Expense
2024	(1,640)
2025	(1,640)
2026	(1,261)
2027	(380)
2028	0
Thereafter	0
TOTAL	$ (4,921)	$ (6,568)

Deferred Leasing Costs and In_6

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net- Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Leasing Costs and In-place Lease Intangibles | Foothill Research Center Property
Finite-Lived Intangible Assets
Impairment loss	$ 2.7
Trade name
Finite-Lived Intangible Assets
Impairment loss		$ 8.5
Below-market Ground Leases | Del Amo
Finite-Lived Intangible Assets
Impairment loss		$ 2.4	$ 0.4

Debt - Schedule of Outstanding

Debt - Schedule of Outstanding Indebtedness (Details)	1 Months Ended				12 Months Ended
	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	Apr. 30, 2023 USD ($)	Jan. 31, 2023 USD ($)	Dec. 31, 2023 USD ($) option	Dec. 31, 2022 USD ($)
Debt
Duration used in interest rate calculation					360 days
Hollywood Media Portfolio | Interest Rate Caps | Designated as Hedging Instrument
Debt
Notional amount	$ 539,000,000				$ 539,000,000
Hollywood Media Portfolio | Interest Rate Caps | Designated as Hedging Instrument | Cash Flow Hedging, Partial
Debt
Interest rate, percentage	5.70%				5.70%
Hollywood Media Portfolio | Interest Rate Caps | Designated as Hedging Instrument | Cash Flow Hedging
Debt
Notional amount	$ 539,000,000				$ 539,000,000
Interest rate, percentage	3.50%				3.50%
Hollywood Media Portfolio | Interest Rate Swaps | Designated as Hedging Instrument
Debt
Notional amount	$ 351,200,000				$ 351,200,000
Hollywood Media Portfolio | Interest Rate Swaps | Designated as Hedging Instrument | Cash Flow Hedging
Debt
Interest rate, percentage	3.31%				3.31%
1918 Eighth | Interest Rate Caps | Designated as Hedging Instrument
Debt
Notional amount	$ 141,400,000				$ 141,400,000
1918 Eighth | Interest Rate Caps | Designated as Hedging Instrument | Cash Flow Hedging, Partial
Debt
Interest rate, percentage	5%				5%
1918 Eighth | Interest Rate Caps | Designated as Hedging Instrument | Cash Flow Hedging
Debt
Notional amount	$ 141,435,000				$ 141,435,000
1918 Eighth | Interest Rate Swaps | Designated as Hedging Instrument
Debt
Notional amount	$ 172,900,000				$ 172,900,000
1918 Eighth | Interest Rate Swaps | Designated as Hedging Instrument | Cash Flow Hedging
Debt
Interest rate, percentage	3.75%				3.75%
Unsecured debt
Debt
TOTAL	$ 2,307,000,000				$ 2,307,000,000	$ 2,660,000,000
Unsecured debt | Revolving Credit Facility | Minimum
Debt
Commitment fee percentage, percentage					0.15%
Unsecured debt | Revolving Credit Facility | Maximum
Debt
Commitment fee percentage, percentage					0.30%
Unsecured debt | Series A notes
Debt
TOTAL	$ 0				$ 0	110,000,000
Interest rate, percentage	4.34%				4.34%
Repayments of debt				$ 110,000,000
Unsecured debt | Series B notes
Debt
TOTAL	$ 259,000,000				$ 259,000,000	259,000,000
Interest rate, percentage	4.69%				4.69%
Unsecured debt | Series C notes
Debt
TOTAL	$ 56,000,000				$ 56,000,000	56,000,000
Interest rate, percentage	4.79%				4.79%
Unsecured debt | Series D notes
Debt
TOTAL	$ 150,000,000				$ 150,000,000	150,000,000
Interest rate, percentage	3.98%				3.98%
Unsecured debt | Series E notes
Debt
TOTAL	$ 0				$ 0	50,000,000
Interest rate, percentage	3.66%				3.66%
Repayments of debt		$ 50,000,000
Unsecured debt | 3.95% Registered senior notes
Debt
TOTAL	$ 400,000,000				$ 400,000,000	400,000,000
Interest rate, percentage	3.95%				3.95%
Unsecured debt | 4.65% Registered senior notes
Debt
TOTAL	$ 500,000,000				$ 500,000,000	500,000,000
Interest rate, percentage	4.65%				4.65%
Unsecured debt | 3.25% Registered senior notes
Debt
TOTAL	$ 400,000,000				$ 400,000,000	400,000,000
Interest rate, percentage	3.25%				3.25%
Unsecured debt | 5.95% Registered senior notes
Debt
TOTAL	$ 350,000,000				$ 350,000,000	350,000,000
Interest rate, percentage	5.95%				5.95%
Unsecured debt | One Westside and Westside Two Loan
Debt
Repayments of debt	$ 324,600,000
Unsecured debt | Quixote
Debt
Repayments of debt			$ 150,000,000
Discount net of amortization			$ 10,000,000
Unsecured debt | Revolving Credit Facility
Debt
TOTAL	192,000,000				$ 192,000,000	385,000,000
Maximum borrowing capacity	900,000,000				$ 900,000,000
Extension option term					6 months
Number of extension options | option					2
Unsecured debt | Revolving Credit Facility | GBP
Debt
Maximum borrowing capacity	225,000,000				$ 225,000,000
Unsecured debt | Revolving Credit Facility | CAD
Debt
Maximum borrowing capacity	225,000,000				$ 225,000,000
Unsecured debt | Revolving Credit Facility | SOFR
Debt
Basis spread on variable rate, percentage					1.35%
Unsecured debt | Revolving Credit Facility | SOFR | Minimum
Debt
Basis spread on variable rate, percentage					1.15%
Unsecured debt | Revolving Credit Facility | SOFR | Maximum
Debt
Basis spread on variable rate, percentage					1.60%
Unsecured debt | Revolving Credit Facility, If Increased
Debt
Maximum borrowing capacity	2,000,000,000				$ 2,000,000,000
Secured debt
Debt
TOTAL	1,653,067,000				$ 1,653,067,000	1,950,088,000
Number of extension options | option					2
Secured debt | Hollywood Media Portfolio
Debt
TOTAL	1,069,767,000				$ 1,069,767,000	890,186,000
Debt instrument, face amount	1,100,000,000				$ 1,100,000,000	1,100,000,000
Extension option term					1 year
Number of extension options | option					3
Secured debt | Hollywood Media Portfolio | SOFR
Debt
Basis spread on variable rate, percentage					1.10%
Secured debt | Acquired Hollywood Media Portfolio debt
Debt
Acquired Hollywood Media Portfolio debt	(30,233,000)				$ (30,233,000)	(209,814,000)
Secured debt | Acquired Hollywood Media Portfolio debt | SOFR
Debt
Basis spread on variable rate, percentage					2.11%
Secured debt | One Westside and Westside Two Loan
Debt
TOTAL	0				$ 0	316,602,000
Secured debt | One Westside and Westside Two Loan | SOFR
Debt
Basis spread on variable rate, percentage					1.60%
Secured debt | Element LA
Debt
TOTAL	$ 168,000,000				$ 168,000,000	168,000,000
Interest rate, percentage	4.59%				4.59%
Secured debt | 1918 Eighth
Debt
TOTAL	$ 314,300,000				$ 314,300,000	314,300,000
Secured debt | 1918 Eighth | SOFR
Debt
Basis spread on variable rate, percentage					1.40%
Secured debt | Hill7
Debt
TOTAL	$ 101,000,000				$ 101,000,000	101,000,000
Interest rate, percentage	3.38%				3.38%
Secured debt | Quixote
Debt
TOTAL	$ 0				$ 0	160,000,000
Interest rate, percentage	5%				5%
Unsecured and secured debt, net
Debt
TOTAL	$ 3,960,067,000				$ 3,960,067,000	4,610,088,000
Deferred financing costs and discounts, net	(14,753,000)				(14,753,000)	(24,226,000)
Debt	3,945,314,000				3,945,314,000	4,585,862,000
Joint venture partner debt
Debt
TOTAL	66,136,000				66,136,000
Debt	$ 66,136,000				$ 66,136,000	$ 66,136,000
Interest rate, percentage	4.50%				4.50%
Extension option term					2 years

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	1 Months Ended					12 Months Ended
	Dec. 31, 2023	Nov. 30, 2023	Sep. 30, 2023	Apr. 30, 2023	Jan. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument
Payments of unsecured and secured debt						$ 1,203,632,000	$ 515,000,000	$ 1,117,903,000
Gain on extinguishment of debt						10,000,000	0	(6,259,000)
Proceeds from sale of bonds						145,535,000	0	0
Loss on sale of bonds						34,046,000	0	0
Hudson Pacific Partners, L.P.
Debt Instrument
Payments of unsecured and secured debt						1,203,632,000	515,000,000	1,117,903,000
Gain on extinguishment of debt						10,000,000	0	(6,259,000)
Proceeds from sale of bonds						145,535,000	0	0
Loss on sale of bonds						34,046,000	$ 0	$ 0
Series A notes | Unsecured debt
Debt Instrument
Repayments of debt					$ 110,000,000
Quixote | Unsecured debt
Debt Instrument
Repayments of debt				$ 150,000,000
Discount net of amortization				$ 10,000,000
Gain on extinguishment of debt						10,000,000
Series E notes | Unsecured debt
Debt Instrument
Repayments of debt			$ 50,000,000
Acquired Hollywood Media Portfolio debt | Unsecured debt
Debt Instrument
Proceeds from sale of bonds		$ 179,600,000
Loss on sale of bonds						$ 34,000,000
One Westside and Westside Two Loan | Unsecured debt
Debt Instrument
Repayments of debt	$ 324,600,000
Senior notes | Unsecured debt | Hudson Pacific Partners, L.P.
Debt Instrument
Prepayment, percent of principal, minimum						5%
Prepayment, percent of principal						100%
Revolving Credit Facility | Unsecured debt
Debt Instrument
Payments of unsecured and secured debt						$ 193,000,000
Maximum borrowing capacity	$ 900,000,000					$ 900,000,000

Debt - Schedule of Minimum Futu

Debt - Schedule of Minimum Future Payments Due on Notes Payable (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Unsecured and secured debt, net
Long-term Debt, Fiscal Year Maturity
2024	$ 0
2025	741,300
2026	1,411,767
2027	456,000
2028	451,000
Thereafter	900,000
TOTAL	3,960,067	$ 4,610,088
Joint venture partner debt
Long-term Debt, Fiscal Year Maturity
2024	0
2025	0
2026	0
2027	0
2028	0
Thereafter	66,136
TOTAL	$ 66,136

Debt - Schedule of Existing Cov

Debt - Schedule of Existing Covenants and their Covenant Levels (Details)	12 Months Ended
	Dec. 31, 2023 Rate
Debt Instrument
Total liabilities to total asset value, covenant level (less than or equal to)	65%
Total liabilities to total asset value, actual performance	45.10%
Unsecured indebtedness to unencumbered asset value, covenant level (less than or equal to)	65%
Unsecured indebtedness to unencumbered asset value, actual performance	41.80%
Adjusted EBITDA to fixed charges, covenant level (greater than or equal to)	150%
Adjusted EBITDA to fixed charges, actual performance	1.9
Secured indebtedness to total asset value, covenant level (less than or equal to)	45%
Secured indebtedness to total asset value, actual performance	19.90%
Unencumbered NOI to unsecured interest expense, covenant level (greater than or equal to)	200%
Unencumbered NOI to unsecured interest expense, actual performance	2.4
Debt to total assets, covenant level (less than or equal to)	60%
Debt to total assets, actual performance	43.30%
Total unencumbered assets to unsecured debt, covenant level (greater than or equal to)	150%
Total unencumbered assets to unsecured debt, actual performance	250.50%
Consolidated income available for debt service to annual debt service charge, covenant level (greater than or equal to)	150%
Consolidated income available for debt service to annual debt service charge, actual performance	1.9
Secured debt to total assets, covenant level (less than or equal to)	45%
Secured debt to total assets, actual performance	18.90%
Private Placement Notes
Debt Instrument
Total liabilities to total asset value, covenant level (less than or equal to)	65%
Total liabilities to total asset value, actual performance	48.50%
Unsecured indebtedness to unencumbered asset value, covenant level (less than or equal to)	65%
Unsecured indebtedness to unencumbered asset value, actual performance	51.30%
Adjusted EBITDA to fixed charges, covenant level (greater than or equal to)	150%
Adjusted EBITDA to fixed charges, actual performance	1.9
Secured indebtedness to total asset value, covenant level (less than or equal to)	45%
Secured indebtedness to total asset value, actual performance	21.40%
Unencumbered NOI to unsecured interest expense, covenant level (greater than or equal to)	200%
Unencumbered NOI to unsecured interest expense, actual performance	2.4
3.25% Registered senior notes | Unsecured debt
Debt Instrument
Interest rate, percentage	3.25%
3.95% Registered senior notes | Unsecured debt
Debt Instrument
Interest rate, percentage	3.95%
4.65% Registered senior notes | Unsecured debt
Debt Instrument
Interest rate, percentage	4.65%
5.95% Registered senior notes | Unsecured debt
Debt Instrument
Interest rate, percentage	5.95%

Debt - Schedule of Interest Exp

Debt - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Gross interest expense	$ 224,801	$ 162,778	$ 133,165
Capitalized interest	(32,253)	(18,031)	(21,689)
Non-cash interest expense	21,867	5,154	10,463
INTEREST EXPENSE	$ 214,415	$ 149,901	$ 121,939

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - Designated as Hedging Instrument - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Derivative
Fair Value Assets (Liabilities)	$ 5,892,000	$ 9,292,000
Hollywood Media Portfolio | Interest Rate Cap
Derivative
Notional amount	539,000,000
Hollywood Media Portfolio | Interest Rate Cap | Cash Flow Hedging
Derivative
Notional Amount	$ 1,100,000,000
Interest Rate	3.50%
Fair Value Assets (Liabilities)	$ 0	9,292,000
Notional amount	539,000,000
Hollywood Media Portfolio | Interest Rate Cap | Cash Flow Hedging, Partial
Derivative
Notional Amount	$ 1,100,000,000
Interest Rate	5.70%
Fair Value Assets (Liabilities)	$ 59,000	0
Hollywood Media Portfolio | Interest Rate Swap
Derivative
Notional amount	351,200,000
Hollywood Media Portfolio | Interest Rate Swap | Cash Flow Hedging
Derivative
Notional Amount	$ 351,186,000
Interest Rate	3.31%
Fair Value Assets (Liabilities)	$ 4,355,000	0
Hollywood Media Portfolio | Interest Rate Sold Cap | Mark-to-Market Hedging
Derivative
Notional Amount	$ 561,000,000
Interest Rate	5.70%
Fair Value Assets (Liabilities)	$ (29,000)	0
1918 Eighth | Interest Rate Cap
Derivative
Notional amount	141,400,000
1918 Eighth | Interest Rate Cap | Cash Flow Hedging
Derivative
Notional amount	141,435,000
1918 Eighth | Interest Rate Cap | Cash Flow Hedging, Partial
Derivative
Notional Amount	$ 314,300,000
Interest Rate	5%
Fair Value Assets (Liabilities)	$ 952,000	0
1918 Eighth | Interest Rate Swap
Derivative
Notional amount	172,900,000
1918 Eighth | Interest Rate Swap | Cash Flow Hedging
Derivative
Notional Amount	$ 172,865,000
Interest Rate	3.75%
Fair Value Assets (Liabilities)	$ 1,075,000	0
1918 Eighth | Interest Rate Sold Cap | Mark-to-Market Hedging
Derivative
Notional Amount	$ 172,865,000
Interest Rate	5%
Fair Value Assets (Liabilities)	$ (520,000)	$ 0

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Unrealized gain included in accumulated other comprehensive loss	$ 5.1

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Current federal	$ 171
Current state	16
Deferred federal	4,776
Deferred state	1,833
Income tax provision	$ 6,796	$ 0	$ 0

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023
Income Tax Contingency [Line Items]
Deferred tax assets	$ 5,317		$ 2,412
Deferred tax assets, gross	16,900		54,163
Deferred tax liabilities, gross	11,600		$ 25,979
Other (expense) income
Income Tax Contingency [Line Items]
Income Tax provision (benefit)	$ (7,500)	$ (1,900)

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income tax benefit computed at the federal statutory rate	$ (34,420)
Income tax benefit attributable to non-taxable entities	16,643
State income taxes, net of federal tax benefit	(4,810)
Valuation allowance	29,681
Other	(298)
Income tax provision	$ 6,796	$ 0	$ 0

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Net operating loss and tax credit carryforwards	$ 41,339
Depreciation and amortization	11,124
Prepaid rent	1,578
Other	122
Total deferred tax assets	54,163	$ 16,900
Valuation allowance	(29,477)
Net deferred tax assets	24,686
Deferred tax liabilities:
Depreciation and amortization	(21,170)
Unrealized gain on non-real estate investments	(4,640)
Other	169
Total deferred tax liabilities	(25,979)	$ (11,600)
Deferred tax asset, net	$ (1,293)

Future Minimum Rents and Leas_3

Future Minimum Rents and Lease Payments - Schedule of Future Minimum Base Rents Receivable (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Year Ended
2024	$ 573,546
2025	479,086
2026	421,643
2027	366,198
2028	305,730
Thereafter	636,918
TOTAL	$ 2,783,121

Future Minimum Rents and Leas_4

Future Minimum Rents and Lease Payments - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) contract	Dec. 31, 2022 USD ($)
Operating Leased Assets
Total operating lease payments | $	$ 715,344
Operating lease liabilities | $	389,210	$ 399,801
Operating lease right-of-use assets | $	$ 376,306	$ 401,051
Ground Lease
Operating Leased Assets
Number of operating lease contracts (contract) | contract	12
Ground Lease | Foothill Research Center
Operating Leased Assets
Operating lease, impairment loss | $	$ 9,000
Sound Stage
Operating Leased Assets
Number of operating lease contracts (contract) | contract	10
Office
Operating Leased Assets
Number of operating lease contracts (contract) | contract	7
Facility
Operating Leased Assets
Number of operating lease contracts (contract) | contract	17

Future Minimum Rents and Leas_5

Future Minimum Rents and Lease Payments - Schedule of Future Minimum Payments Due (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
For the Year Ended December 31,
2024	$ 41,311
2025	40,551
2026	38,976
2027	36,303
2028	34,399
Thereafter	523,804
Total operating lease payments	715,344
Less: interest portion	(326,134)
PRESENT VALUE OF OPERATING LEASE LIABILITIES	$ 389,210	$ 399,801

Future Minimum Rents and Leas_6

Future Minimum Rents and Lease Payments - Schedule of Rental Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Variable rental expense	$ 11,005	$ 9,854	$ 10,405
Minimum rental expense	$ 45,145	$ 31,003	$ 21,482

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Schedule of Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative asset	$ 6,441	$ 9,292
Interest rate derivative liabilities	(549)	0
Stock purchase warrant	0	95
Earnout liability	$ (5,000)	$ (9,300)
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accounts payable, accrued liabilities and other	Accounts payable, accrued liabilities and other
Non-Real Estate Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	$ 1	$ 544
Non-real estate investments measured at NAV	48,580	46,785
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative asset	0	0
Interest rate derivative liabilities	0	0
Stock purchase warrant	0	0
Earnout liability	0	0
Level 1 | Non-Real Estate Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	1	544
Non-real estate investments measured at NAV	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative asset	6,441	9,292
Interest rate derivative liabilities	(549)	0
Stock purchase warrant	0	95
Earnout liability	0	0
Level 2 | Non-Real Estate Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	0	0
Non-real estate investments measured at NAV	0	0
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative asset	0	0
Interest rate derivative liabilities	0	0
Stock purchase warrant	0	0
Earnout liability	(5,000)	(9,300)
Level 3 | Non-Real Estate Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	0	0
Non-real estate investments measured at NAV	$ 0	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Schedule of Contingent Liability (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Contingent Liability
Balance at the beginning	$ (9,300)
Remeasurement to fair value	4,300
Balance at the beginning	$ (5,000)

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Fair Value Disclosures [Abstract]
Remeasurement to fair value	$ 4,300

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Schedule of Investment in Securities and Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Carrying Value | Unsecured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	$ 2,307,000	$ 2,660,000
Carrying Value | Secured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,653,067	1,950,088
Carrying Value | Consolidated joint venture partner debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	66,136	66,136
Fair Value | Unsecured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,971,410	2,364,871
Fair Value | Secured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,634,668	1,927,297
Fair Value | Consolidated joint venture partner debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	$ 59,966	$ 60,327

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) portion $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award
Stock price assumption for maximum bonus pool eligibility (in dollars per share) | $ / shares	$ 9.31
Unrecognized compensation cost related to unvested share-based payments | $	$ 24.9
Unrecognized compensation cost, amortization period	2 years
2010 Plan
Share-based Compensation Arrangement by Share-based Payment Award
Number of shares available for grant | shares	6
Existing and Newly Elected Board Member
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period	3 years
Employees
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period	3 years
PSU Plan 2020
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting portions | portion	2
Post vesting period	2 years
PSU Plan 2020 | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award
Award performance period	3 years
PSU Plan 2020 | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period	3 years
Award performance period	1 year
PSU Plan 2023 | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award
Award performance period	3 years
PSU Plan 2023 | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period	3 years
Award performance period	1 year

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Key Components of Outperformance Plan (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
PSU Plan 2023 | Operational Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award
Maximum bonus pool	$ 15
PSU Plan 2022 | Operational Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award
Maximum bonus pool		$ 15
PSU Plan 2022 | Relative TSR Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award
Maximum bonus pool		$ 15
PSU Plan 2021 | Operational Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award
Maximum bonus pool			$ 16.7
PSU Plan 2021 | Relative TSR Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award
Maximum bonus pool			$ 16.7

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Valuation Assumptions (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
PSU Plan 2023
Share-based Compensation Arrangement by Share-based Payment Award
Risk-free rate	3.44%
Dividend yield	5.40%
PSU Plan 2021
Share-based Compensation Arrangement by Share-based Payment Award
Risk-free rate			0.17%
Dividend yield			3.50%
PSU Plan 2022
Share-based Compensation Arrangement by Share-based Payment Award
Risk-free rate		1.72%
Dividend yield		3.60%
The Company | PSU Plan 2023
Share-based Compensation Arrangement by Share-based Payment Award
Expected price volatility	40%
The Company | PSU Plan 2021
Share-based Compensation Arrangement by Share-based Payment Award
Expected price volatility			41%
The Company | PSU Plan 2022
Share-based Compensation Arrangement by Share-based Payment Award
Expected price volatility		43%
REIT Index | PSU Plan 2023
Share-based Compensation Arrangement by Share-based Payment Award
Expected price volatility	27%
REIT Index | PSU Plan 2021
Share-based Compensation Arrangement by Share-based Payment Award
Expected price volatility			31%
REIT Index | PSU Plan 2022
Share-based Compensation Arrangement by Share-based Payment Award
Expected price volatility		33%

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Activity and Status of Unvested Shares and Performance Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restricted Stock
Units
Beginning balance (in shares)	309,837	507,534	442,645
Granted (in shares)	618,316	50,915	276,800
Vested (in shares)	(35,888)	(234,741)	(203,329)
Canceled (in shares)	(198,430)	(13,871)	(8,582)
Ending balance (in shares)	693,835	309,837	507,534
Weighted-Average Grant-Date Fair Value
Beginning balance (in dollars per share)	$ 23.14	$ 25.17	$ 27.44
Granted (in dollars per share)	7.54	20.15	23.90
Vested (in dollars per share)	7.83	26.81	28.33
Canceled (in dollars per share)	23.61	24.42	26.21
Ending balance (in dollars per share)	$ 9.89	$ 23.14	$ 25.17
Performance units
Units
Beginning balance (in shares)	357,656	681,394	771,432
Granted (in shares)	1,422,893	25,206	355,551
Vested (in shares)	(508,650)	(348,944)	(349,804)
Canceled (in shares)	0	0	(95,785)
Ending balance (in shares)		357,656	681,394
Weighted-Average Grant-Date Fair Value
Beginning balance (in dollars per share)	$ 22.53	$ 24.91	$ 27.08
Granted (in dollars per share)	8.16	11.98	24.68
Vested (in dollars per share)	14.11	26.42	29.85
Canceled (in dollars per share)	0	0	23.49
Ending balance (in dollars per share)	$ 9.82	$ 22.53	$ 24.91

Stock-Based Compensation - Sc_4

Stock-Based Compensation - Schedule of Stock-based Compensation Recorded (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Expensed stock compensation	$ 23,863	$ 24,296	$ 21,163
Capitalized stock compensation	3,021	3,354	3,524
Total stock compensation	$ 26,884	$ 27,650	$ 24,687

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Basic net (loss) income available to common unitholders	$ (192,181)	$ (56,499)	$ 6,064
Diluted net (loss) income available to common stockholders	$ (192,181)	$ (56,499)	$ 6,064
Denominator:
Basic weighted average common shares outstanding (in shares)	140,953,088	143,732,433	151,618,282
Effect of dilutive instruments (in shares)	0	0	325,078
Diluted weighted average common shares outstanding (in shares)	140,953,088	143,732,433	151,943,360
Basic earnings per common share (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Diluted earnings per common share (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Hudson Pacific Partners, L.P.
Numerator:
Basic net (loss) income available to common unitholders	$ (195,539)	$ (57,208)	$ 6,125
Diluted net (loss) income available to common stockholders	$ (195,539)	$ (57,208)	$ 6,125
Denominator:
Basic weighted average common units outstanding (in shares)	143,421,154	145,580,928	153,007,287
Effect of dilutive instruments (in shares)	0	0	325,078
Diluted weighted average common units outstanding (in shares)	143,421,154	145,580,928	153,332,365
Basic earnings per common unit (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04
Diluted earnings per common unit (in dollars per share)	$ (1.36)	$ (0.39)	$ 0.04

Redeemable Non-controlling In_3

Redeemable Non-controlling Interest - Narrative (Details) - $ / shares			12 Months Ended
	Oct. 09, 2018	Aug. 31, 2018	Dec. 31, 2023	Dec. 31, 2022
Redeemable Noncontrolling Interest
Interest rate of preferred stock			6.25%
Consolidated Real Estate Entities | HPP-MAC WSP, LLC
Redeemable Noncontrolling Interest
VIE, ownership percentage		75%
Consolidated Real Estate Entities | Hudson One Ferry REIT, L.P.
Redeemable Noncontrolling Interest
VIE, ownership percentage	55%
Series A Redeemable Preferred Units
Redeemable Noncontrolling Interest
Redeemable non-controlling interest shares (in shares)			392,598	392,598
Liquidation preference (in dollars per share)			$ 25

Redeemable Non-controlling In_4

Redeemable Non-controlling Interest - Schedule of Non-controlling Interests (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Consolidated Real Estate Entities
Increase (Decrease) in Temporary Equity
Balance at December 31, 2022	$ 125,044
Contributions	2,025
Distributions	(82,407)
Declared dividend	0
Net income	12,520
BALANCE AT DECEMBER 31, 2023	57,182
Series A Redeemable Preferred Units
Increase (Decrease) in Temporary Equity
Balance at December 31, 2022	9,815
Contributions	0
Distributions	0
Declared dividend	(153)
Net income	153
BALANCE AT DECEMBER 31, 2023	$ 9,815

Equity - Schedule of Comprehens

Equity - Schedule of Comprehensive Loss Hudson Pacific Properties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	$ 3,749,831	$ 4,196,992	$ 3,967,980
Unrealized gain (loss) recognized in AOCI	15,611	(11,576)	(880)
Reclassification from AOCI into income	(4,526)	2,065	7,252
Net change in AOCI	10,905	(9,657)	6,467
Ending balance	3,494,172	3,749,831	4,196,992
Total AOCI
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(11,272)	(1,761)	(8,133)
Net change in AOCI	11,085	(9,511)	6,372
Ending balance	(187)	(11,272)	(1,761)
Derivative Instruments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(1,280)	(3,957)	(11,378)
Unrealized gain (loss) recognized in AOCI	9,462	612	169
Reclassification from AOCI into income	(4,526)	2,065	7,252
Net change in AOCI	4,936	2,677	7,421
Ending balance	3,656	(1,280)	(3,957)
Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(9,992)	2,196	3,245
Unrealized gain (loss) recognized in AOCI	6,149	(12,188)	(1,049)
Reclassification from AOCI into income	0	0	0
Net change in AOCI	6,149	(12,188)	(1,049)
Ending balance	$ (3,843)	$ (9,992)	$ 2,196

Equity - Schedule of Comprehe_2

Equity - Schedule of Comprehensive Loss LP (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	$ 3,749,831	$ 4,196,992	$ 3,967,980
Unrealized gain (loss) recognized in AOCI	15,611	(11,576)	(880)
Reclassification from AOCI into income	(4,526)	2,065	7,252
Net change in AOCI	10,905	(9,657)	6,467
Ending balance	3,494,172	3,749,831	4,196,992
Hudson Pacific Partners, L.P.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	3,749,831
Unrealized gain (loss) recognized in AOCI	16,054	(11,778)	(893)
Reclassification from AOCI into income	(4,656)	2,097	7,360
Net change in AOCI	10,905	(9,657)	6,467
Ending balance	3,494,172	3,749,831
Total AOCI
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Net change in AOCI	11,085	(9,511)	6,372
Total AOCI | Hudson Pacific Partners, L.P.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(11,460)	(1,779)	(8,246)
Net change in AOCI	11,398	(9,681)	6,467
Ending balance	(62)	(11,460)	(1,779)
Derivative Instruments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Unrealized gain (loss) recognized in AOCI	9,462	612	169
Reclassification from AOCI into income	(4,526)	2,065	7,252
Net change in AOCI	4,936	2,677	7,421
Derivative Instruments | Hudson Pacific Partners, L.P.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(1,260)	(3,954)	(11,485)
Unrealized gain (loss) recognized in AOCI	9,729	597	171
Reclassification from AOCI into income	(4,656)	2,097	7,360
Net change in AOCI	5,073	2,694	7,531
Ending balance	3,813	(1,260)	(3,954)
Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Unrealized gain (loss) recognized in AOCI	6,149	(12,188)	(1,049)
Reclassification from AOCI into income	0	0	0
Net change in AOCI	6,149	(12,188)	(1,049)
Currency Translation Adjustments | Hudson Pacific Partners, L.P.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(10,200)	2,175	3,239
Unrealized gain (loss) recognized in AOCI	6,325	(12,375)	(1,064)
Reclassification from AOCI into income	0	0	0
Net change in AOCI	6,325	(12,375)	(1,064)
Ending balance	$ (3,875)	$ (10,200)	$ 2,175

Equity - Narrative (Details)

Equity - Narrative (Details)		3 Months Ended	12 Months Ended
	Jul. 31, 2022 $ / shares shares	Mar. 31, 2022 USD ($) shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Sep. 30, 2023 $ / shares	Jun. 30, 2023 $ / shares	Mar. 31, 2023 $ / shares	Feb. 25, 2022 USD ($)
Class of Stock
Noncontrolling performance units vested (in shares) | shares			618,591	348,944	521,815
Proceeds from sale of common stock			$ 0	$ 0	$ 44,974,000
Stock repurchase program authorized			$ 250,000,000
Shares repurchased during period (in shares) | shares			200,000	2,100,000	1,900,000
Share repurchase program, weighted average price (in dollars per share) | $ / shares	$ 24.60		$ 7.33	$ 17.65	$ 23.82
Repurchase of common stock			$ 1,400,000	$ 37,200,000	$ 46,100,000
Repurchase of common stock, cumulative			214,700,000
Repurchase of common stock			$ 1,369,000	$ 37,206,000	$ 46,137,000
Accumulated shares repurchased (in shares) | shares	8,100,000
Interest rate of preferred stock			6.25%
Series C Cumulative Redeemable Preferred Stock
Class of Stock
Preferred stock, outstanding (in shares) | shares			17,000,000	17,000,000
Preferred stock, par value (in dollars per share) | $ / shares			$ 0.01	$ 0.01
Interest rate of preferred stock			4.75%	4.75%
Liquidation preference (in dollars per share) | $ / shares			$ 25	$ 25
Dividend rate (in dollars per share) | $ / shares			1.1875			$ 1.1875	$ 1.1875	$ 1.1875
Liquidation preference of preferred stock (in dollars per share) | $ / shares			$ 25
Uncollared Accelerated Share Repurchase Agreement | Common Stock
Class of Stock
Stock repurchase program authorized									$ 100,000,000
Shares repurchased during period (in shares) | shares		3,300,000
Repurchase of common stock		$ 100,000,000
Shares repurchased (in percentage)		0.85
Collared Accelerated Share Repurchase Agreements | Common Stock
Class of Stock
Stock repurchase program authorized									$ 100,000,000
Shares repurchased during period (in shares) | shares		3,300,000
Repurchase of common stock		$ 100,000,000
ATM Program
Class of Stock
Number of share authorized, value			$ 125,000,000
Cumulative total of sales of common stock			$ 65,800,000
Sales of stock, shares issued (in shares) | shares			0	0	1,526,163
Proceeds from sale of common stock					$ 45,700,000
Minimum | ATM Program
Class of Stock
Sale of stock share price (in dollars per share) | $ / shares					$ 29.53
Maximum | ATM Program
Class of Stock
Sale of stock share price (in dollars per share) | $ / shares					$ 30.17
Common Stock
Class of Stock
Common stock, conversion ratio			1
Performance units
Class of Stock
Common stock, conversion ratio			1

Equity - Schedule of Non-contro

Equity - Schedule of Non-controlling Interests (Details) - shares	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Class of Stock
Company-owned common units in the operating partnership (in shares)	141,034,806	141,054,478
Non-controlling common units in the operating partnership - common units (in shares)	550,969	550,969	550,969
Non-controlling common units in the operating partnership - preferred units (in shares)	2,259,464	1,640,873	1,291,929
Hudson Pacific Partners, L.P.
Class of Stock
Company’s ownership interest percentage	98%	98.50%	98.80%
Noncontrolling Interest In Operating Partnership
Class of Stock
Non-controlling ownership interest percentage	2%	1.50%	1.20%
Noncontrolling Interest In Operating Partnership | Common Stock
Class of Stock
Non-controlling common units in the operating partnership (in shares)	2,810,433	2,191,842	1,842,898
Partnership Interest | Hudson Pacific Partners, L.P.
Class of Stock
Company-owned common units in the operating partnership (in shares)	141,034,806	141,054,478	151,124,543

Equity - Schedule of Dividends

Equity - Schedule of Dividends (Details) - $ / shares					3 Months Ended					12 Months Ended
	Dec. 28, 2023	Sep. 29, 2023	Jun. 30, 2023	Mar. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Class of Stock
Common stock, dividends declared (in dollars per share)										$ 0.375	$ 1	$ 1
Common stock, dividends, cash paid (in dollars per share)			$ 0.125000	$ 0.250000						$ 0.375000	1	1
Common stock, dividends, cash paid, percentage										100%
Common units, dividends declared (in dollars per share)										$ 0.375	1	1
Common units, dividends, cash paid (in dollars per share)										0.375	1	1
Preferred units/stock, dividends, cash paid (in dollars per share)	$ 0.296875	$ 0.296875	0.296875	0.296875						$ 1.187500
Preferred units/stock, dividends, cash paid, percentage										100%
Ordinary Dividends
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0	0						$ 0
Common stock, dividends, cash paid, percentage										0%
Preferred units/stock, dividends, cash paid (in dollars per share)	0	0	0	0						$ 0
Preferred units/stock, dividends, cash paid, percentage										0%
Qualified Dividends
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0	0						$ 0
Common stock, dividends, cash paid, percentage										0%
Preferred units/stock, dividends, cash paid (in dollars per share)	0	0	0	0						$ 0
Preferred units/stock, dividends, cash paid, percentage										0%
Capital Gains Dividends
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0.125000	0.250000						$ 0.375000
Common stock, dividends, cash paid, percentage										100%
Preferred units/stock, dividends, cash paid (in dollars per share)	0.296875	0.296875	0.296875	0.296875						$ 1.187500
Preferred units/stock, dividends, cash paid, percentage										100%
Unrecaptured Section 1250
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0.057961	0.115922						$ 0.173883
Common stock, dividends, cash paid, percentage										46.37%
Preferred units/stock, dividends, cash paid (in dollars per share)	0.137658	0.137658	0.137658	0.137658						$ 0.550632
Preferred units/stock, dividends, cash paid, percentage										46.37%
Ordinary Dividends
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0	0						$ 0
Common stock, dividends, cash paid, percentage										0%
Preferred units/stock, dividends, cash paid (in dollars per share)	0	0	0	0						$ 0
Preferred units/stock, dividends, cash paid, percentage										0%
Capital Gains
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0.125000	0.250000						$ 0.375000
Common stock, dividends, cash paid, percentage										100%
Preferred units/stock, dividends, cash paid (in dollars per share)	0.296875	0.296875	0.296875	0.296875						$ 1.187500
Preferred units/stock, dividends, cash paid, percentage										100%
Return of Capital
Class of Stock
Common stock, dividends, cash paid (in dollars per share)			0	0						$ 0
Common stock, dividends, cash paid, percentage										0%
Preferred units/stock, dividends, cash paid (in dollars per share)	$ 0	$ 0	$ 0	$ 0						$ 0
Preferred units/stock, dividends, cash paid, percentage										0%
Series A preferred units
Class of Stock
Preferred units/stock, dividends declared (in dollars per share)										$ 1.5625	1.5625	1.5625
Preferred units/stock, dividends, cash paid (in dollars per share)										1.5625	1.5625	1.5625
Series C preferred stock
Class of Stock
Preferred units/stock, dividends declared (in dollars per share)					$ 0.2968750	$ 0.2968750	$ 0.2968750	$ 0.2968750	$ 0.1484375	1.1875	1.3359	0
Preferred units/stock, dividends, cash paid (in dollars per share)										$ 1.1875	$ 1.3359	$ 0

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	2
Segment Reporting Information
Revenues	$ 952,297	$ 1,026,224	$ 896,835
Operating expenses	(450,465)	(413,818)	(335,847)
TOTAL PROFIT FROM ALL SEGMENTS	501,832	612,406	560,988
NET (LOSS) INCOME	(170,700)	(16,517)	29,012
General and administrative	74,958	79,501	71,346
Depreciation and amortization	397,846	373,219	343,614
Loss (income) from unconsolidated real estate entities	3,902	(943)	(1,822)
Fee income	(6,181)	(7,972)	(3,221)
Interest expense	214,415	149,901	121,939
Interest income	(2,182)	(2,340)	(3,794)
Management services reimbursement income—unconsolidated real estate entities	(4,125)	(4,163)	(1,132)
Management services expense—unconsolidated real estate entities	4,125	4,163	1,132
Transaction-related expenses	(1,150)	14,356	8,911
Unrealized loss (gain) on non-real estate investments	3,120	1,440	(16,571)
(Gain) loss on sale of real estate	(103,202)	2,164	0
Impairment loss	60,158	28,548	2,762
(Gain) loss on extinguishment of debt	(10,000)	0	6,259
Other expense (income)	6	(8,951)	2,553
Loss on sale of bonds	34,046	0	0
Income tax provision	6,796	0	0
Office
Segment Reporting Information
Revenues	812,375	852,700	795,370
Operating expenses	(312,018)	(308,668)	(280,334)
TOTAL PROFIT FROM ALL SEGMENTS	500,357	544,032	515,036
Studio
Segment Reporting Information
Revenues	139,922	173,524	101,465
Operating expenses	(138,447)	(105,150)	(55,513)
TOTAL PROFIT FROM ALL SEGMENTS	$ 1,475	$ 68,374	$ 45,952

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Management services reimbursement income—unconsolidated real estate entities	$ 4,125	$ 4,163	$ 1,132
Operating lease right-of-use assets	376,306	401,051
Operating lease liabilities	389,210	399,801
Management services expense—unconsolidated real estate entities	4,125	4,163	1,132
Related Party Leases | Related Party
Related Party Transaction [Line Items]
Operating lease right-of-use assets	6,200	6,100
Operating lease liabilities	6,400	6,200
Management services expense—unconsolidated real estate entities	$ 1,000	$ 1,000	$ 1,000

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Capital Addition Purchase Commitments
Loss Contingencies
Commitment to fund amount	$ 108.3
Revolving Credit Facility | Unsecured debt
Loss Contingencies
Letters of credit outstanding	3.1
Real Estate Technology Venture Capital Fund
Loss Contingencies
Commitment to fund amount	51
Contributions to date	38.1
Amount remaining to be contributed	$ 12.9

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Significant Noncash Transactions
Cash paid for interest, net of capitalized interest	$ 197,599	$ 133,869	$ 112,043
Non-cash investing and financing activities
Note payable issued as consideration in a business combination	0	160,000	0
Accounts payable and accrued liabilities for real estate investments	87,779	150,408	193,521
Lease liabilities recorded in connection with right-of-use assets	2,117	100,805	26,824
Ground lease remeasurement	5,751	23,177	0
Earnout liability recognized as contingent consideration for business combination	0	0	11,383
Hudson Pacific Partners, L.P.
Other Significant Noncash Transactions
Cash paid for interest, net of capitalized interest	197,599	133,869	112,043
Non-cash investing and financing activities
Note payable issued as consideration in a business combination	0	160,000	0
Accounts payable and accrued liabilities for real estate investments	87,779	150,408	193,521
Lease liabilities recorded in connection with right-of-use assets	2,117	100,805	26,824
Ground lease remeasurement	5,751	23,177	0
Earnout liability recognized as contingent consideration for business combination	0	0	11,383
Series C preferred stock
Non-cash investing and financing activities
Series C preferred stock dividend accrual	0	0	2,281
Series C preferred stock | Hudson Pacific Partners, L.P.
Non-cash investing and financing activities
Series C preferred stock dividend accrual	$ 0	$ 0	$ 2,281

Subsequent Events (Details)

Subsequent Events (Details) - Hollywood Media Portfolio - Designated as Hedging Instrument - Subsequent Event $ in Millions	Feb. 08, 2024 USD ($)
Subsequent Event [Line Items]
Interest rate, percentage	4.125%
Notional amount	$ 180

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulated Depreciation (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) contract	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	$ 1,683,300,000
Initial Costs, Land	1,220,339,000
Initial Costs, Building & Improvements	4,718,199,000
Total Adjustment to Basis	2,274,358,000
Total Costs, Land	1,220,339,000
Total Costs, Building & Improvements	6,992,557,000
Total Costs	8,212,896,000
Accumulated depreciation	(1,728,437,000)
Initial cost basis	741,563,000	$ 171,646,000	$ 0
Real estate, federal income tax basis	7,900,000,000
Secured debt
SEC Schedule III, Real Estate and Accumulated Depreciation
Notes payable	1,653,067,000	1,950,088,000
Secured debt | Hollywood Media Portfolio
SEC Schedule III, Real Estate and Accumulated Depreciation
Debt instrument, face amount	1,100,000,000	1,100,000,000
Notes payable	1,069,767,000	$ 890,186,000
Joint venture partner debt
SEC Schedule III, Real Estate and Accumulated Depreciation
Notes payable	$ 66,136,000
Building and improvements
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful life	39 years
Land improvements
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful life	15 years
Sound Stage
SEC Schedule III, Real Estate and Accumulated Depreciation
Number of operating lease contracts (contract) | contract	10
Skyport Plaza, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Initial cost basis	$ 12,500,000
Improvements capitalized subsequent to acquisition	$ 8,300,000
Various | Sound Stage
SEC Schedule III, Real Estate and Accumulated Depreciation
Number of operating lease contracts (contract) | contract	27
Office | 875 Howard, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Costs, Land	18,058,000
Initial Costs, Building & Improvements	41,046,000
Total Adjustment to Basis	43,512,000
Total Costs, Land	18,058,000
Total Costs, Building & Improvements	84,558,000
Total Costs	102,616,000
Accumulated depreciation	(27,310,000)
Office | 6040 Sunset, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	1,100,000,000
Initial Costs, Land	6,599,000
Initial Costs, Building & Improvements	27,187,000
Total Adjustment to Basis	31,289,000
Total Costs, Land	6,599,000
Total Costs, Building & Improvements	58,476,000
Total Costs	65,075,000
Accumulated depreciation	(25,674,000)
Office | ICON, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	164,133,000
Total Costs, Land	0
Total Costs, Building & Improvements	164,133,000
Total Costs	164,133,000
Accumulated depreciation	(38,569,000)
Office | CUE, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	49,553,000
Total Costs, Land	0
Total Costs, Building & Improvements	49,553,000
Total Costs	49,553,000
Accumulated depreciation	(9,758,000)
Office | EPIC, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	10,606,000
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	215,477,000
Total Costs, Land	10,606,000
Total Costs, Building & Improvements	215,477,000
Total Costs	226,083,000
Accumulated depreciation	(33,306,000)
Office | 1455 Market, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	41,226,000
Initial Costs, Building & Improvements	34,990,000
Total Adjustment to Basis	95,870,000
Total Costs, Land	41,226,000
Total Costs, Building & Improvements	130,860,000
Total Costs	172,086,000
Accumulated depreciation	(75,234,000)
Office | Rincon Center, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	58,251,000
Initial Costs, Building & Improvements	110,656,000
Total Adjustment to Basis	73,892,000
Total Costs, Land	58,251,000
Total Costs, Building & Improvements	184,548,000
Total Costs	242,799,000
Accumulated depreciation	(61,774,000)
Office | 10950 Washington, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	17,979,000
Initial Costs, Building & Improvements	25,110,000
Total Adjustment to Basis	6,982,000
Total Costs, Land	17,979,000
Total Costs, Building & Improvements	32,092,000
Total Costs	50,071,000
Accumulated depreciation	(8,136,000)
Office | 275 Brannan, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	4,187,000
Initial Costs, Building & Improvements	8,063,000
Total Adjustment to Basis	13,852,000
Total Costs, Land	4,187,000
Total Costs, Building & Improvements	21,915,000
Total Costs	26,102,000
Accumulated depreciation	(11,534,000)
Office | 625 Second, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	10,744,000
Initial Costs, Building & Improvements	42,650,000
Total Adjustment to Basis	6,028,000
Total Costs, Land	10,744,000
Total Costs, Building & Improvements	48,678,000
Total Costs	59,422,000
Accumulated depreciation	(15,426,000)
Office | 10900 Washington, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	1,400,000
Initial Costs, Building & Improvements	1,200,000
Total Adjustment to Basis	398,000
Total Costs, Land	1,400,000
Total Costs, Building & Improvements	1,598,000
Total Costs	2,998,000
Accumulated depreciation	(440,000)
Office | 901 Market, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	17,882,000
Initial Costs, Building & Improvements	79,305,000
Total Adjustment to Basis	21,645,000
Total Costs, Land	17,882,000
Total Costs, Building & Improvements	100,950,000
Total Costs	118,832,000
Accumulated depreciation	(32,877,000)
Office | Element LA, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	168,000,000
Initial Costs, Land	79,769,000
Initial Costs, Building & Improvements	19,755,000
Total Adjustment to Basis	96,827,000
Total Costs, Land	79,769,000
Total Costs, Building & Improvements	116,582,000
Total Costs	196,351,000
Accumulated depreciation	(32,896,000)
Office | 505 First, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	22,917,000
Initial Costs, Building & Improvements	133,034,000
Total Adjustment to Basis	18,361,000
Total Costs, Land	22,917,000
Total Costs, Building & Improvements	151,395,000
Total Costs	174,312,000
Accumulated depreciation	(39,683,000)
Office | 83 King, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	12,982,000
Initial Costs, Building & Improvements	51,403,000
Total Adjustment to Basis	12,894,000
Total Costs, Land	12,982,000
Total Costs, Building & Improvements	64,297,000
Total Costs	77,279,000
Accumulated depreciation	(19,595,000)
Office | Met Park North, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	28,996,000
Initial Costs, Building & Improvements	71,768,000
Total Adjustment to Basis	(1,373,000)
Total Costs, Land	28,996,000
Total Costs, Building & Improvements	70,395,000
Total Costs	99,391,000
Accumulated depreciation	(19,483,000)
Office | 411 First, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	27,684,000
Initial Costs, Building & Improvements	29,824,000
Total Adjustment to Basis	27,037,000
Total Costs, Land	27,684,000
Total Costs, Building & Improvements	56,861,000
Total Costs	84,545,000
Accumulated depreciation	(18,465,000)
Office | 450 Alaskan, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	87,099,000
Total Costs, Land	0
Total Costs, Building & Improvements	87,099,000
Total Costs	87,099,000
Accumulated depreciation	(17,343,000)
Office | 95 Jackson, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Initial Costs, Land	0
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	18,251,000
Total Costs, Land	0
Total Costs, Building & Improvements	18,251,000
Total Costs	18,251,000
Accumulated depreciation	(3,510,000)
Office | Palo Alto Square, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	326,033,000
Total Adjustment to Basis	47,941,000
Total Costs, Land	0
Total Costs, Building & Improvements	373,974,000
Total Costs	373,974,000
Accumulated depreciation	(115,721,000)
Office | 3400 Hillview, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	159,641,000
Total Adjustment to Basis	(4,903,000)
Total Costs, Land	0
Total Costs, Building & Improvements	154,738,000
Total Costs	154,738,000
Accumulated depreciation	(53,984,000)
Office | Foothill Research Center, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	133,994,000
Total Adjustment to Basis	(33,036,000)
Total Costs, Land	0
Total Costs, Building & Improvements	100,958,000
Total Costs	100,958,000
Accumulated depreciation	(60,729,000)
Office | Page Mill Center, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	147,625,000
Total Adjustment to Basis	20,591,000
Total Costs, Land	0
Total Costs, Building & Improvements	168,216,000
Total Costs	168,216,000
Accumulated depreciation	(52,347,000)
Office | Clocktower Square, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	93,949,000
Total Adjustment to Basis	16,965,000
Total Costs, Land	0
Total Costs, Building & Improvements	110,914,000
Total Costs	110,914,000
Accumulated depreciation	(31,083,000)
Office | 3176 Porter, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	34,561,000
Total Adjustment to Basis	1,133,000
Total Costs, Land	0
Total Costs, Building & Improvements	35,694,000
Total Costs	35,694,000
Accumulated depreciation	(12,382,000)
Office | Towers at Shore Center, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	72,673,000
Initial Costs, Building & Improvements	144,188,000
Total Adjustment to Basis	22,221,000
Total Costs, Land	72,673,000
Total Costs, Building & Improvements	166,409,000
Total Costs	239,082,000
Accumulated depreciation	(49,496,000)
Office | Shorebreeze, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	69,448,000
Initial Costs, Building & Improvements	59,806,000
Total Adjustment to Basis	22,162,000
Total Costs, Land	69,448,000
Total Costs, Building & Improvements	81,968,000
Total Costs	151,416,000
Accumulated depreciation	(21,131,000)
Office | 555 Twin Dolphin, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	40,614,000
Initial Costs, Building & Improvements	73,457,000
Total Adjustment to Basis	19,748,000
Total Costs, Land	40,614,000
Total Costs, Building & Improvements	93,205,000
Total Costs	133,819,000
Accumulated depreciation	(24,444,000)
Office | 333 Twin Dolphin, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	36,441,000
Initial Costs, Building & Improvements	64,892,000
Total Adjustment to Basis	20,483,000
Total Costs, Land	36,441,000
Total Costs, Building & Improvements	85,375,000
Total Costs	121,816,000
Accumulated depreciation	(24,230,000)
Office | Metro Center, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	313,683,000
Total Adjustment to Basis	81,169,000
Total Costs, Land	0
Total Costs, Building & Improvements	394,852,000
Total Costs	394,852,000
Accumulated depreciation	(101,246,000)
Office | Concourse, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	45,085,000
Initial Costs, Building & Improvements	224,271,000
Total Adjustment to Basis	74,083,000
Total Costs, Land	45,085,000
Total Costs, Building & Improvements	298,354,000
Total Costs	343,439,000
Accumulated depreciation	(77,607,000)
Office | Gateway, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	33,117,000
Initial Costs, Building & Improvements	121,217,000
Total Adjustment to Basis	61,841,000
Total Costs, Land	33,117,000
Total Costs, Building & Improvements	183,058,000
Total Costs	216,175,000
Accumulated depreciation	(50,731,000)
Office | Metro Plaza, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	16,038,000
Initial Costs, Building & Improvements	106,156,000
Total Adjustment to Basis	69,731,000
Total Costs, Land	16,038,000
Total Costs, Building & Improvements	175,887,000
Total Costs	191,925,000
Accumulated depreciation	(37,858,000)
Office | 1740 Technology, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	8,052,000
Initial Costs, Building & Improvements	49,486,000
Total Adjustment to Basis	15,030,000
Total Costs, Land	8,052,000
Total Costs, Building & Improvements	64,516,000
Total Costs	72,568,000
Accumulated depreciation	(15,956,000)
Office | Skyport Plaza, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	16,521,000
Initial Costs, Building & Improvements	153,844,000
Total Adjustment to Basis	(561,000)
Total Costs, Land	16,521,000
Total Costs, Building & Improvements	153,283,000
Total Costs	169,804,000
Accumulated depreciation	(35,417,000)
Office | Techmart, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	66,660,000
Total Adjustment to Basis	20,236,000
Total Costs, Land	0
Total Costs, Building & Improvements	86,896,000
Total Costs	86,896,000
Accumulated depreciation	(24,028,000)
Office | Fourth & Traction, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	12,140,000
Initial Costs, Building & Improvements	37,110,000
Total Adjustment to Basis	69,173,000
Total Costs, Land	12,140,000
Total Costs, Building & Improvements	106,283,000
Total Costs	118,423,000
Accumulated depreciation	(29,779,000)
Office | Maxwell, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	13,040,000
Initial Costs, Building & Improvements	26,960,000
Total Adjustment to Basis	57,986,000
Total Costs, Land	13,040,000
Total Costs, Building & Improvements	84,946,000
Total Costs	97,986,000
Accumulated depreciation	(18,484,000)
Office | 11601 Wilshire, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	28,978,000
Initial Costs, Building & Improvements	321,273,000
Total Adjustment to Basis	67,958,000
Total Costs, Land	28,978,000
Total Costs, Building & Improvements	389,231,000
Total Costs	418,209,000
Accumulated depreciation	(90,357,000)
Office | Hill7, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	101,000,000
Initial Costs, Land	36,888,000
Initial Costs, Building & Improvements	137,079,000
Total Adjustment to Basis	19,913,000
Total Costs, Land	36,888,000
Total Costs, Building & Improvements	156,992,000
Total Costs	193,880,000
Accumulated depreciation	(39,881,000)
Office | Page Mill Hill, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	131,402,000
Total Adjustment to Basis	11,798,000
Total Costs, Land	0
Total Costs, Building & Improvements	143,200,000
Total Costs	143,200,000
Accumulated depreciation	(33,186,000)
Office | Harlow, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	7,455,000
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	0
Total Costs, Land	7,455,000
Total Costs, Building & Improvements	0
Total Costs	7,455,000
Accumulated depreciation	(7,591,000)
Office | Ferry Building, San Francisco Bay Area, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	268,292,000
Total Adjustment to Basis	44,587,000
Total Costs, Land	0
Total Costs, Building & Improvements	312,879,000
Total Costs	312,879,000
Accumulated depreciation	(48,559,000)
Office | 1918 Eighth, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	314,300,000
Initial Costs, Land	38,477,000
Initial Costs, Building & Improvements	545,773,000
Total Adjustment to Basis	31,552,000
Total Costs, Land	38,477,000
Total Costs, Building & Improvements	577,324,000
Total Costs	615,801,000
Accumulated depreciation	(57,508,000)
Office | 5th & Bell, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	20,866,000
Initial Costs, Building & Improvements	82,072,000
Total Adjustment to Basis	16,355,000
Total Costs, Land	20,866,000
Total Costs, Building & Improvements	98,427,000
Total Costs	119,293,000
Accumulated depreciation	(9,531,000)
Office | Washington 1000, Greater Seattle, WA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	59,980,000
Initial Costs, Building & Improvements	11,053,000
Total Adjustment to Basis	184,878,000
Total Costs, Land	59,980,000
Total Costs, Building & Improvements	195,931,000
Total Costs	255,911,000
Accumulated depreciation	0
Office | 5801 Bobby Foster Road, Albuquerque, NM
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	2,189,000
Initial Costs, Building & Improvements	6,268,000
Total Adjustment to Basis	429,000
Total Costs, Land	2,189,000
Total Costs, Building & Improvements	6,697,000
Total Costs	8,886,000
Accumulated depreciation	(357,000)
Office | Sunset Gower Studios, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	101,477,000
Initial Costs, Building & Improvements	64,697,000
Total Adjustment to Basis	83,040,000
Total Costs, Land	101,477,000
Total Costs, Building & Improvements	147,737,000
Total Costs	249,214,000
Accumulated depreciation	(46,840,000)
Office | Sunset Bronson Studios, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	67,092,000
Initial Costs, Building & Improvements	32,374,000
Total Adjustment to Basis	51,044,000
Total Costs, Land	67,092,000
Total Costs, Building & Improvements	83,418,000
Total Costs	150,510,000
Accumulated depreciation	(34,005,000)
Office | Sunset Las Palmas Studios, Los Angeles, CA
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	134,488,000
Initial Costs, Building & Improvements	104,392,000
Total Adjustment to Basis	148,492,000
Total Costs, Land	134,488,000
Total Costs, Building & Improvements	252,884,000
Total Costs	387,372,000
Accumulated depreciation	(26,401,000)
Office | Various
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Costs, Land	0
Initial Costs, Building & Improvements	0
Total Adjustment to Basis	50,592,000
Total Costs, Land	0
Total Costs, Building & Improvements	50,593,000
Total Costs	50,593,000
Accumulated depreciation	$ (6,555,000)

Schedule III - Real Estate an_3

Schedule III - Real Estate and Accumulated Depreciation - Reconciliation of Carrying Amount of Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]
Beginning balance	$ 8,716,572	$ 8,361,477	$ 8,215,017
Asset acquisitions	0	101,653	102,939
Business acquisitions	0	47,741	0
Improvements, capitalized costs	353,544	553,327	394,633
Total additions during period	353,544	702,721	497,572
Disposals (fully depreciated assets and early terminations)	(67,177)	(51,812)	(56,166)
Impairment loss	(48,480)	(17,636)	(2,762)
Cost of property sold	(741,563)	(171,646)	0
Total deductions during period	(857,220)	(241,094)	(58,928)
Ending balance, before reclassification to assets associated with real estate held for sale	8,212,896	8,823,104	8,653,661
Reclassification to assets associated with real estate held for sale	0	(106,532)	(292,184)
TOTAL INVESTMENT IN REAL ESTATE, END OF YEAR	8,212,896	8,716,572	8,361,477
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation
Total accumulated depreciation, beginning of year	(1,541,271)	(1,283,774)	(1,102,748)
Depreciation of real estate	(340,019)	(368,376)	(292,802)
Total additions during period	(340,019)	(368,376)	(292,802)
Deletions	66,122	55,939	56,370
Write-offs due to sale	86,731	40,556	0
Total deductions during period	152,853	96,495	56,370
Ending balance, before reclassification to assets associated with real estate held for sale	(1,728,437)	(1,555,655)	(1,339,180)
Reclassification to assets associated with real estate held for sale	0	14,384	55,406
TOTAL ACCUMULATED DEPRECIATION, END OF YEAR	$ (1,728,437)	$ (1,541,271)	$ (1,283,774)