Hudson Pacific Properties 10-Q29 Oct 212021 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2021	Oct. 22, 2021
Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
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 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	HPP
Security Exchange Name	NYSE
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
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		152,478,496
Entity Central Index Key	0001482512
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false
Hudson Pacific Partners L.P.
Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
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
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
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
Entity Shell Company	false
Entity Central Index Key	0001496264
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Investment in real estate, at cost	$ 8,446,491	$ 8,215,017
Accumulated depreciation and amortization	(1,285,137)	(1,102,748)
Investment in real estate, net	7,161,354	7,112,269
Non-real estate property, plant and equipment, net	60,318	8,444
Cash and cash equivalents	110,500	113,686
Restricted cash	109,737	35,854
Accounts receivable, net	24,730	22,105
Straight-line rent receivables, net	241,281	225,685
Deferred leasing costs and intangible assets, net	335,619	285,836
U.S. Government securities	130,103	135,115
Operating lease right-of-use assets	273,997	264,880
Prepaid expenses and other assets, net	98,693	55,469
Investment in unconsolidated real estate entities	152,516	82,105
Goodwill	105,149	8,754
TOTAL ASSETS	8,803,997	8,350,202
LIABILITIES AND EQUITY
Accounts payable, accrued liabilities and other	307,091	235,860
Operating lease liabilities	280,210	270,014
Intangible liabilities, net	40,257	49,144
Security deposits and prepaid rent	79,250	92,180
TOTAL LIABILITIES	4,812,454	4,244,533
Commitments and contingencies (note 23)
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	129,348	127,874
Hudson Pacific Properties, Inc. stockholders’ equity
Common stock, $0.01 par value, 490,000,000 authorized, 152,320,252 shares and 151,401,365 shares outstanding at September 30, 2021 and December 31, 2020, respectively	1,523	1,514
Additional paid-in capital	3,389,693	3,469,758
Accumulated other comprehensive loss	(4,448)	(8,133)
Total Hudson Pacific Properties, Inc. stockholders’ equity	3,386,768	3,463,139
Hudson Pacific Properties, L.P. partners’ capital
TOTAL CAPITAL	3,852,380	3,967,980
TOTAL LIABILITIES AND CAPITAL	8,803,997	8,350,202
Hudson Pacific Partners L.P.
ASSETS
Investment in real estate, at cost	8,446,491	8,215,017
Accumulated depreciation and amortization	(1,285,137)	(1,102,748)
Investment in real estate, net	7,161,354	7,112,269
Non-real estate property, plant and equipment, net	60,318	8,444
Cash and cash equivalents	110,500	113,686
Restricted cash	109,737	35,854
Accounts receivable, net	24,730	22,105
Straight-line rent receivables, net	241,281	225,685
Deferred leasing costs and intangible assets, net	335,619	285,836
U.S. Government securities	130,103	135,115
Operating lease right-of-use assets	273,997	264,880
Prepaid expenses and other assets, net	98,693	55,469
Investment in unconsolidated real estate entities	152,516	82,105
Goodwill	105,149	8,754
TOTAL ASSETS	8,803,997	8,350,202
LIABILITIES AND EQUITY
Accounts payable, accrued liabilities and other	307,091	235,860
Operating lease liabilities	280,210	270,014
Intangible liabilities, net	40,257	49,144
Security deposits and prepaid rent	79,250	92,180
TOTAL LIABILITIES	4,812,454	4,244,533
Commitments and contingencies (note 23)
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	129,348	127,874
Hudson Pacific Properties, Inc. stockholders’ equity
Accumulated other comprehensive loss	(4,511)	(8,246)
Hudson Pacific Properties, L.P. partners’ capital
Limited partners' capital account	3,439,636	3,509,217
Total Hudson Pacific Properties, L.P. partners’ capital	3,435,125	3,500,971
Non-controlling interest—members in consolidated real estate entities	417,255	467,009
Total capital	3,852,380	3,967,980
TOTAL LIABILITIES AND CAPITAL	8,803,997	8,350,202
Non-controlling interest—members in consolidated real estate entities
Hudson Pacific Properties, L.P. partners’ capital
Non-controlling interest—members in consolidated entities and non-controlling units in the operating partnership	417,255	467,009
Non-controlling interest—units in the operating partnership
Hudson Pacific Properties, L.P. partners’ capital
Non-controlling interest—members in consolidated entities and non-controlling units in the operating partnership	48,357	37,832
Unsecured and secured debt, net
LIABILITIES AND EQUITY
Notes payable, net	3,910,405	3,399,492
Unsecured and secured debt, net \| Hudson Pacific Partners L.P.
LIABILITIES AND EQUITY
Notes payable, net	3,910,405	3,399,492
In-substance defeased debt
LIABILITIES AND EQUITY
Notes payable, net	129,105	131,707
In-substance defeased debt \| Hudson Pacific Partners L.P.
LIABILITIES AND EQUITY
Notes payable, net	129,105	131,707
Joint venture partner debt
LIABILITIES AND EQUITY
Notes payable, net	66,136	66,136
Joint venture partner debt \| Hudson Pacific Partners L.P.
LIABILITIES AND EQUITY
Notes payable, net	$ 66,136	$ 66,136

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Common Stock:
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	490,000,000	490,000,000
Common stock/units, outstanding (in shares)	152,320,252	151,401,365
Hudson Pacific Partners L.P.
Common Stock:
Common stock/units, outstanding (in shares)	153,701,876	152,722,448

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
REVENUES
Total revenues	$ 227,632,000	$ 196,285,000	$ 656,353,000	$ 601,122,000
OPERATING EXPENSES
Operating expenses	83,909,000	75,109,000	243,501,000	222,181,000
General and administrative	18,288,000	17,428,000	53,846,000	53,943,000
Depreciation and amortization	88,568,000	75,052,000	255,507,000	222,331,000
Total operating expenses	190,765,000	167,589,000	552,854,000	498,455,000
OTHER INCOME (EXPENSE)
Income (loss) from unconsolidated real estate entities	566,000	(105,000)	1,671,000	69,000
Fee income	678,000	575,000	2,323,000	1,741,000
Interest expense	(30,825,000)	(29,838,000)	(91,800,000)	(84,185,000)
Interest income	934,000	1,056,000	2,868,000	3,129,000
Management services reimbursement income—unconsolidated real estate entities	253,000	0	879,000	0
Management services expense—unconsolidated real estate entities	(253,000)	0	(879,000)	0
Transaction-related expenses	(6,300,000)	(181,000)	(7,364,000)	(440,000)
Unrealized gain (loss) on non-real estate investments	827,000	513,000	11,620,000	(2,335,000)
Impairment loss	(2,762,000)	0	(2,762,000)	0
Loss on extinguishment of debt	(6,249,000)	(2,654,000)	(6,249,000)	(2,654,000)
Other income (expense)	82,000	576,000	(1,547,000)	1,606,000
Total other expense	(43,049,000)	(30,058,000)	(91,240,000)	(83,069,000)
Net (loss) income	(6,182,000)	(1,362,000)	12,259,000	19,598,000
Net income attributable to preferred units	(153,000)	(153,000)	(459,000)	(459,000)
Net income attributable to participating securities	(276,000)	(109,000)	(830,000)	(321,000)
Net income attributable to non-controlling interest in consolidated real estate entities	(3,585,000)	(5,170,000)	(15,764,000)	(12,577,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities	816,000	1,304,000	2,780,000	2,707,000
Net loss (income) attributable to non-controlling interest in the operating partnership	85,000	54,000	16,000	(89,000)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (9,295,000)	$ (5,436,000)	$ (1,998,000)	$ 8,859,000
BASIC AND DILUTED PER SHARE AMOUNTS
Net (loss) income attributable to common stockholders - basic (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.06
Net (loss) income attributable to common stockholders - diluted (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.06
Weighted average shares of common stock outstanding—basic (in shares)	152,320,252	153,196,007	151,443,305	153,643,278
Weighted average shares of common stock outstanding—diluted	152,320,252	153,196,007	151,443,305	156,030,815
Hudson Pacific Partners L.P.
REVENUES
Total revenues	$ 227,632,000	$ 196,285,000	$ 656,353,000	$ 601,122,000
OPERATING EXPENSES
General and administrative	18,288,000	17,428,000	53,846,000	53,943,000
Depreciation and amortization	88,568,000	75,052,000	255,507,000	222,331,000
Total operating expenses	190,765,000	167,589,000	552,854,000	498,455,000
OTHER INCOME (EXPENSE)
Income (loss) from unconsolidated real estate entities	566,000	(105,000)	1,671,000	69,000
Fee income	678,000	575,000	2,323,000	1,741,000
Interest expense	(30,825,000)	(29,838,000)	(91,800,000)	(84,185,000)
Interest income	934,000	1,056,000	2,868,000	3,129,000
Management services reimbursement income—unconsolidated real estate entities	253,000	0	879,000	0
Management services expense—unconsolidated real estate entities	(253,000)	0	(879,000)	0
Transaction-related expenses	(6,300,000)	(181,000)	(7,364,000)	(440,000)
Unrealized gain (loss) on non-real estate investments	827,000	513,000	11,620,000	(2,335,000)
Impairment loss	(2,762,000)	0	(2,762,000)	0
Loss on extinguishment of debt	(6,249,000)	(2,654,000)	(6,249,000)	(2,654,000)
Other income (expense)	82,000	576,000	(1,547,000)	1,606,000
Total other expense	(43,049,000)	(30,058,000)	(91,240,000)	(83,069,000)
Net (loss) income	(6,182,000)	(1,362,000)	12,259,000	19,598,000
Net income attributable to preferred units	(153,000)	(153,000)	(459,000)	(459,000)
Net income attributable to participating securities	(276,000)	(261,000)	(830,000)	(780,000)
Net income attributable to non-controlling interest in consolidated real estate entities	(3,585,000)	(5,170,000)	(15,764,000)	(12,577,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities	816,000	1,304,000	2,780,000	2,707,000
Net (loss) income attributable to Hudson Pacific Properties, L.P.	(8,951,000)	(5,228,000)	(725,000)	9,728,000
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (9,380,000)	$ (5,642,000)	$ (2,014,000)	$ 8,489,000
BASIC AND DILUTED PER SHARE AMOUNTS
Net (loss) income attributable to common unitholders —basic (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.05
Net (loss) income attributable to common unitholders —diluted (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.05
Weighted average shares of common units outstanding—basic (in shares)	153,701,876	154,107,865	152,818,720	154,555,136
Weighted average shares of common units outstanding—diluted (in shares)	153,701,876	154,107,865	152,818,720	155,422,136
Office segment
REVENUES
Rental	$ 197,941,000	$ 178,256,000	$ 580,354,000	$ 540,023,000
Service and other revenues	3,925,000	2,460,000	9,358,000	11,428,000
Total revenues	201,866,000	180,716,000	589,712,000	551,451,000
OPERATING EXPENSES
Operating expenses	71,865,000	66,075,000	207,538,000	194,546,000
Office segment \| Hudson Pacific Partners L.P.
REVENUES
Rental	197,941,000	178,256,000	580,354,000	540,023,000
Service and other revenues	3,925,000	2,460,000	9,358,000	11,428,000
Total revenues	201,866,000	180,716,000	589,712,000	551,451,000
OPERATING EXPENSES
Operating expenses	71,865,000	66,075,000	207,538,000	194,546,000
Studio segment
REVENUES
Rental	12,768,000	11,724,000	36,472,000	36,767,000
Service and other revenues	12,998,000	3,845,000	30,169,000	12,904,000
Total revenues	25,766,000	15,569,000	66,641,000	49,671,000
OPERATING EXPENSES
Operating expenses	12,044,000	9,034,000	35,963,000	27,635,000
Studio segment \| Hudson Pacific Partners L.P.
REVENUES
Rental	12,768,000	11,724,000	36,472,000	36,767,000
Service and other revenues	12,998,000	3,845,000	30,169,000	12,904,000
Total revenues	25,766,000	15,569,000	66,641,000	49,671,000
OPERATING EXPENSES
Operating expenses	$ 12,044,000	$ 9,034,000	$ 35,963,000	$ 27,635,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net (loss) income	$ (6,182)	$ (1,362)	$ 12,259	$ 19,598
Currency translation adjustments	(3,511)	1,210	(1,588)	(1,651)
Net unrealized gains (losses) on derivative instruments:
Unrealized losses	(243)	(177)	(379)	(14,306)
Reclassification adjustment for realized gains	2,019	2,087	5,702	3,598
Total net unrealized gains (losses) on derivative instruments	1,776	1,910	5,323	(10,708)
Total other comprehensive (loss) income	(1,735)	3,120	3,735	(12,359)
Comprehensive (loss) income	(7,917)	1,758	15,994	7,239
Comprehensive income attributable to preferred units	(153)	(153)	(459)	(459)
Comprehensive income attributable to participating securities	(276)	(109)	(830)	(321)
Comprehensive income attributable to non-controlling interest in consolidated real estate entities	(3,585)	(5,170)	(15,764)	(12,577)
Comprehensive loss attributable to redeemable non-controlling interest in consolidated real estate entities	816	1,304	2,780	2,707
Comprehensive loss (income) attributable to non-controlling interest in the operating partnership	108	27	(34)	36
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(11,007)	(2,343)	1,687	(3,375)
Hudson Pacific Partners L.P.
Net (loss) income	(6,182)	(1,362)	12,259	19,598
Currency translation adjustments	(3,511)	1,210	(1,588)	(1,651)
Net unrealized gains (losses) on derivative instruments:
Unrealized losses	(243)	(177)	(379)	(14,306)
Reclassification adjustment for realized gains	2,019	2,087	5,702	3,598
Total net unrealized gains (losses) on derivative instruments	1,776	1,910	5,323	(10,708)
Total other comprehensive (loss) income	(1,735)	3,120	3,735	(12,359)
Comprehensive (loss) income	(7,917)	1,758	15,994	7,239
Comprehensive income attributable to preferred units	(153)	(153)	(459)	(459)
Comprehensive income attributable to participating securities	(276)	(261)	(830)	(780)
Comprehensive income attributable to non-controlling interest in consolidated real estate entities	(3,585)	(5,170)	(15,764)	(12,577)
Comprehensive loss attributable to redeemable non-controlling interest in consolidated real estate entities	816	1,304	2,780	2,707
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (11,115)	$ (2,522)	$ 1,721	$ (3,870)

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common stock	Additional Paid-in Capital	(Accumulated Deficit) Retained Earnings	Accumulated Other Comprehensive Loss	Non- controlling Interest—Units in the Operating Partnership	Non-controlling Interest—Members in Consolidated Real Estate Entities
Beginning balance at Dec. 31, 2019	$ 3,709,362	$ 1,546	$ 3,415,808	$ 0	$ (561)	$ 23,082	$ 269,487
Beginning balance (in shares) at Dec. 31, 2019		154,691,052
Increase (Decrease) in Stockholders' Equity
Contributions	372,451						372,451
Distributions	(9,591)						(9,591)
Transaction costs	(16,073)		(16,073)
Issuance of unrestricted stock	0	$ 3	(3)
Issuance of unrestricted stock (in shares)		180,291
Shares repurchased	(61,943)	$ (26)	(61,917)
Shares repurchased (in shares)		(2,591,134)
Shares withheld to satisfy tax withholding obligations	(5,501)	$ (1)	(5,500)
Shares withheld to satisfy tax withholding obligation (in shares)		(136,717)
Declared dividend	(116,626)		(106,096)	(9,180)		(1,350)
Amortization of stock-based compensation	16,726		6,886			9,840
Net (loss) income	21,846			9,180		89	12,577
Other comprehensive income (loss)	(12,359)				(12,234)	(125)
Ending balance at Sep. 30, 2020	3,898,292	$ 1,522	3,233,105	0	(12,795)	31,536	644,924
Ending balance (in shares) at Sep. 30, 2020		152,143,492
Beginning balance at Jun. 30, 2020	3,601,631	$ 1,534	3,317,192	0	(15,888)	28,767	270,026
Beginning balance (in shares) at Jun. 30, 2020		153,319,333
Increase (Decrease) in Stockholders' Equity
Contributions	372,451						372,451
Distributions	(2,723)						(2,723)
Transaction costs	(16,073)		(16,073)
Issuance of unrestricted stock (in shares)		1,286
Shares repurchased	(26,592)	$ (12)	(26,580)
Shares repurchased (in shares)		(1,177,127)
Declared dividend	(38,853)		(43,730)	5,327		(450)
Amortization of stock-based compensation	5,542		2,296			3,246
Net (loss) income	(211)			(5,327)		(54)	5,170
Other comprehensive income (loss)	3,120				3,093	27
Ending balance at Sep. 30, 2020	3,898,292	$ 1,522	3,233,105	0	(12,795)	31,536	644,924
Ending balance (in shares) at Sep. 30, 2020		152,143,492
Beginning balance at Dec. 31, 2020	$ 3,967,980	$ 1,514	3,469,758	0	(8,133)	37,832	467,009
Beginning balance (in shares) at Dec. 31, 2020	151,401,365	151,401,365
Increase (Decrease) in Stockholders' Equity
Contributions	$ 24,718						24,718
Distributions	(90,236)						(90,236)
Proceeds from sale of common stock, net of transaction costs	44,588	$ 15	44,573
Proceeds from sale of common stock, net transaction costs (in shares)		1,526,163
Issuance of unrestricted stock (in shares)		54,414
Shares repurchased	(14,756)	$ (6)	(14,750)
Shares repurchased (in shares)		(632,109)
Shares withheld to satisfy tax withholding obligations	(693)		(693)
Shares withheld to satisfy tax withholding obligation (in shares)		(29,581)
Declared dividend	(115,913)		(115,393)	1,168		(1,688)
Amortization of stock-based compensation	18,377		6,198			12,179
Net (loss) income	14,580			(1,168)		(16)	15,764
Other comprehensive income (loss)	3,735				3,685	50
Ending balance at Sep. 30, 2021	$ 3,852,380	$ 1,523	3,389,693	0	(4,448)	48,357	417,255
Ending balance (in shares) at Sep. 30, 2021	152,320,252	152,320,252
Beginning balance at Jun. 30, 2021	$ 3,945,806	$ 1,523	3,435,156	0	(2,736)	44,387	467,476
Beginning balance (in shares) at Jun. 30, 2021		152,319,084
Increase (Decrease) in Stockholders' Equity
Contributions	9,702						9,702
Distributions	(63,508)						(63,508)
Transaction costs	(232)		(232)
Issuance of unrestricted stock (in shares)		1,168
Declared dividend	(38,745)		(47,204)	9,019		(560)
Amortization of stock-based compensation	6,611		1,973			4,638
Net (loss) income	(5,519)			(9,019)		(85)	3,585
Other comprehensive income (loss)	(1,735)				(1,712)	(23)
Ending balance at Sep. 30, 2021	$ 3,852,380	$ 1,523	$ 3,389,693	$ 0	$ (4,448)	$ 48,357	$ 417,255
Ending balance (in shares) at Sep. 30, 2021	152,320,252	152,320,252

CONSOLIDATED STATEMENTS OF CAPI

CONSOLIDATED STATEMENTS OF CAPITAL - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
CONSOLIDATED STATEMENTS OF CAPITAL - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Increase (Decrease) in Partners' Capital
Beginning balance (in shares)			151,401,365
Contributions	$ 9,702	$ 372,451	$ 24,718	$ 372,451
Distributions	(63,508)	(2,723)	(90,236)	(9,591)
Transaction costs	(232)	(16,073)		(16,073)
Proceeds from sale of common stock, net of transaction costs			44,588
Repurchase of common units		(26,592)	(14,756)	(61,943)
Units withheld to satisfy tax withholding obligations			(693)	(5,501)
Declared distributions	(38,745)	(38,853)	(115,913)	(116,626)
Amortization of unit-based compensation	6,611	5,542	18,377	16,726
Net income	(5,519)	(211)	14,580	21,846
Other comprehensive income (loss)	$ (1,735)	3,120	$ 3,735	(12,359)
Ending balance (in shares)	152,320,252		152,320,252
Hudson Pacific Partners L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,945,806	3,601,631	$ 3,967,980	3,709,362
Beginning balance (in shares)			152,722,448
Contributions	9,702	372,451	$ 24,718	372,451
Distributions	(63,508)	(2,723)	(90,236)	(9,591)
Transaction costs	(232)	(16,073)		(16,073)
Proceeds from sale of common stock, net of transaction costs			44,588
Repurchase of common units		(26,592)		(61,943)
Units withheld to satisfy tax withholding obligations			(693)	(5,501)
Declared distributions	(38,745)	(38,853)	(115,913)	(116,626)
Amortization of unit-based compensation	6,611	5,542	18,377	16,726
Net income	(5,519)	(211)	14,580	21,846
Other comprehensive income (loss)	(1,735)	3,120	3,735	(12,359)
Ending balance	$ 3,852,380	3,898,292	$ 3,852,380	3,898,292
Ending balance (in shares)	153,701,876		153,701,876
Hudson Pacific Partners L.P. \| Total Partners’ Capital
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,478,330	3,331,605	$ 3,500,971	3,439,875
Transaction costs	(232)	(16,073)		(16,073)
Proceeds from sale of common stock, net of transaction costs			44,588
Repurchase of common units		(26,592)	(14,756)	(61,943)
Units withheld to satisfy tax withholding obligations			(693)	(5,501)
Declared distributions	(38,745)	(38,853)	(115,913)	(116,626)
Amortization of unit-based compensation	6,611	5,542	18,377	16,726
Net income	(9,104)	(5,381)	(1,184)	9,269
Other comprehensive income (loss)	(1,735)	3,120	3,735	(12,359)
Ending balance	3,435,125	3,253,368	3,435,125	3,253,368
Hudson Pacific Partners L.P. \| Common units
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,481,106	$ 3,347,697	$ 3,509,217	$ 3,440,488
Beginning balance (in shares)	153,700,708	154,231,191	152,722,448	155,602,910
Transaction costs	$ (232)	$ (16,073)		$ (16,073)
Proceeds from sale of common stock, net of transaction costs			$ 44,588
Proceeds from sale of common stock, net transaction costs (in shares)			1,526,163
Issuance of unrestricted stock (in shares)	1,168	1,286	114,955	180,291
Repurchase of common units		$ (26,592)	$ (14,756)	$ (61,943)
Repurchase of common units (in shares)		(1,177,127)	(632,109)	(2,591,134)
Units withheld to satisfy tax withholding obligations			$ (693)	$ (5,501)
Units withheld to satisfy tax withholding obligations (in shares)			(29,581)	(136,717)
Declared distributions	$ (38,745)	$ (38,853)	$ (115,913)	$ (116,626)
Amortization of unit-based compensation	6,611	5,542	18,377	16,726
Net income	(9,104)	(5,381)	(1,184)	9,269
Ending balance	$ 3,439,636	$ 3,266,340	$ 3,439,636	$ 3,266,340
Ending balance (in shares)	153,701,876	153,055,350	153,701,876	153,055,350
Hudson Pacific Partners L.P. \| Accumulated Other Comprehensive Loss
Increase (Decrease) in Partners' Capital
Beginning balance	$ (2,776)	$ (16,092)	$ (8,246)	$ (613)
Other comprehensive income (loss)	(1,735)	3,120	3,735	(12,359)
Ending balance	(4,511)	(12,972)	(4,511)	(12,972)
Hudson Pacific Partners L.P. \| Non-controlling Interest—Members in Consolidated Real Estate Entities
Increase (Decrease) in Partners' Capital
Beginning balance	467,476	270,026	467,009	269,487
Contributions	9,702	372,451	24,718	372,451
Distributions	(63,508)	(2,723)	(90,236)	(9,591)
Net income	3,585	5,170	15,764	12,577
Ending balance	$ 417,255	$ 644,924	$ 417,255	$ 644,924

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 12,259	$ 19,598
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	255,507	222,331
Non-cash portion of interest expense	7,508	4,603
Amortization of stock-based compensation	15,718	14,409
Income from unconsolidated real estate entities	(1,671)	(69)
Unrealized (gain) loss on non-real estate investments	(11,620)	2,335
Straight-line rents	(15,596)	(31,182)
Straight-line rent expenses	1,079	1,096
Amortization of above- and below-market leases, net	(8,281)	(7,457)
Amortization of above- and below-market ground leases, net	1,764	1,763
Amortization of lease incentive costs	1,427	1,437
Distribution of income from unconsolidated entities	1,437	0
Impairment loss	2,762	0
Loss on extinguishment of debt	6,249	2,654
Change in operating assets and liabilities:
Accounts receivable	4,526	(1,129)
Deferred leasing costs and lease intangibles	(11,696)	(9,767)
Prepaid expenses and other assets	(18,665)	(17,586)
Accounts payable, accrued liabilities and other	55,735	55,055
Security deposits and prepaid rent	(12,930)	(10,201)
Net cash provided by operating activities	285,512	247,890
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment in real estate	(271,102)	(308,909)
Acquisitions of businesses	(209,854)	0
Maturities of U.S. Government securities	5,002	4,121
Contributions to non-real estate investments	(10,530)	0
Distributions from non-real estate investments	13	0
Distributions from unconsolidated real estate entities	1,246	573
Contributions to unconsolidated real estate entities	(73,098)	(989)
Additions to non-real estate property, plant and equipment	(2,279)	0
Net cash used in investing activities	(560,602)	(305,204)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	1,304,352	1,391,651
Payments of unsecured and secured debt	(792,656)	(1,149,943)
Payments of in-substance defeased debt	(2,602)	(2,470)
Proceeds from sale of common stock	44,974	0
Transaction costs	(386)	(16,073)
Repurchases of common stock	(14,756)	(53,475)
Dividends paid to common stock and unitholders	(115,913)	(116,626)
Dividends paid to preferred unitholders	(459)	(459)
Contributions from redeemable non-controlling members in consolidated real estate entities	4,262	4,351
Distributions to redeemable non-controlling members in consolidated real estate entities	(8)	(8)
Contributions from non-controlling members in consolidated real estate entities	24,718	372,451
Distributions to non-controlling members in consolidated real estate entities	(90,236)	(9,591)
Payments to satisfy tax withholding obligations	(693)	(5,501)
Payments of loan costs	(14,810)	(10,978)
Net cash provided by financing activities	345,787	403,329
Net increase in cash and cash equivalents and restricted cash	70,697	346,015
Cash and cash equivalents and restricted cash—beginning of period	149,540	58,258
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	220,237	404,273
Hudson Pacific Partners L.P.
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	12,259	19,598
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	255,507	222,331
Non-cash portion of interest expense	7,508	4,603
Amortization of stock-based compensation	15,718	14,409
Income from unconsolidated real estate entities	(1,671)	(69)
Unrealized (gain) loss on non-real estate investments	(11,620)	2,335
Straight-line rents	(15,596)	(31,182)
Straight-line rent expenses	1,079	1,096
Amortization of above- and below-market leases, net	(8,281)	(7,457)
Amortization of above- and below-market ground leases, net	1,764	1,763
Amortization of lease incentive costs	1,427	1,437
Distribution of income from unconsolidated entities	1,437	0
Impairment loss	2,762	0
Loss on extinguishment of debt	6,249	2,654
Change in operating assets and liabilities:
Accounts receivable	4,526	(1,129)
Deferred leasing costs and lease intangibles	(11,696)	(9,767)
Prepaid expenses and other assets	(18,665)	(17,586)
Accounts payable, accrued liabilities and other	55,735	55,055
Security deposits and prepaid rent	(12,930)	(10,201)
Net cash provided by operating activities	285,512	247,890
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment in real estate	(271,102)	(308,909)
Acquisitions of businesses	(209,854)	0
Maturities of U.S. Government securities	5,002	4,121
Contributions to non-real estate investments	(10,530)	0
Distributions from non-real estate investments	13	0
Distributions from unconsolidated real estate entities	1,246	573
Contributions to unconsolidated real estate entities	(73,098)	(989)
Additions to non-real estate property, plant and equipment	(2,279)	0
Net cash used in investing activities	(560,602)	(305,204)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	1,304,352	1,391,651
Payments of unsecured and secured debt	(792,656)	(1,149,943)
Payments of in-substance defeased debt	(2,602)	(2,470)
Proceeds from sale of common stock	44,974	0
Transaction costs	(386)	(16,073)
Repurchases of common stock	(14,756)	(53,475)
Dividends paid to common stock and unitholders	(115,913)	(116,626)
Dividends paid to preferred unitholders	(459)	(459)
Contributions from redeemable non-controlling members in consolidated real estate entities	4,262	4,351
Distributions to redeemable non-controlling members in consolidated real estate entities	(8)	(8)
Contributions from non-controlling members in consolidated real estate entities	24,718	372,451
Distributions to non-controlling members in consolidated real estate entities	(90,236)	(9,591)
Payments to satisfy tax withholding obligations	(693)	(5,501)
Payments of loan costs	(14,810)	(10,978)
Net cash provided by financing activities	345,787	403,329
Net increase in cash and cash equivalents and restricted cash	70,697	346,015
Cash and cash equivalents and restricted cash—beginning of period	149,540	58,258
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	$ 220,237	$ 404,273

Organization

Organization	9 Months Ended
Organization	Sep. 30, 2021
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 Company’s portfolio consists of properties located throughout Northern and Southern California, the Pacific Northwest, Western Canada and Greater London, United Kingdom. The following table summarizes the Company’s portfolio as of September 30, 2021: Segments Number of Properties Square Feet (unaudited) Consolidated portfolio Office 52 14,076,114 Studios 3 1,224,403 Land 6 2,504,406 Total consolidated portfolio 61 17,804,923 Unconsolidated portfolio (1) Office 1 1,495,738 Land (2) 3 691,000 Total unconsolidated portfolio 4 2,186,738 TOTAL (3) 65 19,991,661 _________________ 1. The Company owns 20% of the unconsolidated joint venture that owns the Bentall Centre property, 50% of the unconsolidated joint venture entity that owns the Sunset Glenoaks Studios development and 35% of the unconsolidated joint venture entity that owns the Sunset Waltham Cross Studios development. The square footage shown above represents 100% of the properties. See Notes 2 and 6 for details. 2. Includes land for the Burrard Exchange at Bentall Centre, Sunset Glenoaks Studios and Sunset Waltham Cross Studios developments. Square footage for Sunset Waltham Cross Studios is yet to be determined. 3. Includes repositioning, redevelopment and development properties.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements of the Company and the operating partnership are prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) applicable to interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures required for annual financial statements have been condensed or excluded pursuant to the Securities and Exchange Commission (“SEC”) rules and regulations. Accordingly, the interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying interim financial statements reflect all adjustments of a normal and recurring nature that are considered necessary for a fair presentation of the results for the interim periods presented. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. The interim consolidated financial statements should be read in conjunction with the consolidated financial statements in the 2020 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. and the notes thereto. For comparison purposes, the Company has reclassified goodwill of $8.8 million and non-real estate property, plant and equipment of $8.4 million from prepaid expenses and other assets to goodwill and non-real estate property, plant and equipment, net, respectively, on the Consolidated Balance Sheet as of December 31, 2020 to conform to the presentation as of September 30, 2021. The Company has reclassified a loss on extinguishment of debt of $2.7 million from interest expense to loss on extinguishment of debt on the Consolidated Statements of Operations for the three and nine months ended September 30, 2020 to conform to the presentation for the three and nine months ended September 30, 2021. The Company has also reclassified this same amount from non-cash portion of interest expense to loss on extinguishment of debt on the Statement of Cash Flows for the nine months ended September 30, 2020. Principles of Consolidation The unaudited interim consolidated financial statements of the Company include the accounts of the Company, the operating partnership and all wholly-owned 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 September 30, 2021, the Company has determined that its operating partnership and 17 joint ventures met the definition of a VIE. 12 of these joint ventures are consolidated and five are unconsolidated. Consolidated Joint Ventures As of September 30, 2021, the operating partnership has determined that 12 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 One Westside and 10850 Pico 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 Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (1) 51.0 % Sunset Studios Holdings, LLC EPIC 51.0 % Hudson Media and Entertainment Management, LLC None (2) 51.0 % Hudson 6040 Sunset, LLC 6040 Sunset 51.0 % Hudson 1918 Eighth, L.P. 1918 Eighth 55.0 % __________________ 1. 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 the respective entertainment properties above. 2. 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”). On November 22, 2020, the Company entered into a joint venture agreement with CPPIB US RE-3, Inc., a subsidiary of Canada Pension Plan Investment Board (“CPPIB”), to form Hudson 1918 Eighth, L.P. On December 18, 2020, the joint venture purchased the 1918 Eighth property through a wholly-owned subsidiary. The Company owns 55% of the joint venture. As of September 30, 2021, the Company has determined that this joint venture met the definition of a VIE and is consolidated. On July 30, 2020, funds affiliated with Blackstone Property Partners (“Blackstone”) acquired a 49% interest in the Company’s Hollywood Media Portfolio. The Company retained a 51% ownership stake and remains responsible for day-to-day operations, leasing and development. As of September 30, 2021, the Company has determined that the entities included in the Hollywood Media Portfolio and the related entities met the definition of a VIE and are consolidated. As of September 30, 2021 and December 31, 2020, 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 September 30, 2021, the Company has determined it is not the primary beneficiary of five of its joint ventures. 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 July 29, 2021, the Company purchased, through a joint venture entity with Kane Holdco S.A.R.L., an affiliate of Blackstone, the land site for the Sunset Waltham Cross Studios development. The Company owns 35% of the ownership interest in the joint venture entity. The Company also owns 35% of the ownership interest in the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. As of December 24, 2020, the Company owns, through a joint venture entity with BPP Twilight Sun Valley REIT LLC, an affiliate of Blackstone, the land site for the Sunset Glenoaks Studios development. The Company owns 50% of the ownership interest in the joint venture entity and serves as the operating member. On June 5, 2019, the Company purchased, pursuant to a co-ownership agreement with Blackstone 1 LP, an affiliate of Blackstone, 20% of the ownership interest in the Bentall Centre property. The joint venture property-owning entity is structured as a tenancy in common under applicable tax laws. The Company owns 20% of the ownership interest in the joint venture and serves as the operating partner. 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 income (loss) 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, developing 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 its performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates. Lease Accounting The Company accounts for its leases under ASC 842, Leases (“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. Lessee Accounting The Company determines if an arrangement is a lease at inception. The Company’s operating lease agreements relate to ground leases and 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 made 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. 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 based on the information available at commencement date, or the date of the ASC 842 adoption, in determining the present value of lease payments. The weighted average incremental borrowing rate used to calculate the ROU assets and liabilities was 5.6%. ROU assets also include any lease payments made and exclude lease incentives. 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. Rental expense for lease payments related to operating leases is recognized on a straight-line basis over the lease term. The weighted average remaining lease term was 29 years as of September 30, 2021. 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”). 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 revenues and other Other revenues Parking revenue that is not associated with lease agreements and other Office and studio segments: service revenues and other Sale of real estate Gains on sales derived from cash consideration less cost basis Gains 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. 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. The following table summarizes the Company’s revenue streams that are accounted for under ASC 606 for the three and nine months ended September 30, 2021 and 2020: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Ancillary revenues $ 12,224 $ 3,130 $ 26,857 $ 10,542 Other revenues $ 4,281 $ 2,832 $ 11,246 $ 12,624 Studio-related tenant recoveries $ 418 $ 343 $ 1,424 $ 1,166 Management fee income $ 678 $ 575 $ 2,323 $ 1,741 Management services reimbursement income $ 253 $ — $ 879 $ — The following table summarizes the Company’s receivables that are accounted for under ASC 606 as of: September 30, 2021 December 31, 2020 Ancillary revenues $ 8,438 $ 1,700 Other revenues $ 1,187 $ 1,058 In regards to sales of real estate, the Company applies certain recognition and measurement principles in accordance with ASC 606. The Company is required to evaluate the sales of real estate based on transfer of control. If a real estate sale contract includes ongoing involvement with the sold property by the seller, the seller must evaluate each promised good or service under the contract to determine whether it represents a performance obligation, constitutes a guarantee or prevents the transfer of control. The timing and pattern of revenue recognition might change as it relates to gains on sale of real estate if the sale includes continued involvement that represents a separate performance obligation. Acquisitions 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. The difference between the fair value of the consideration transferred for the acquisition and the fair value of the net assets acquired is recorded as goodwill and acquisition-related expenses arising from the transaction are expensed as incurred. The Company includes the results of operations of the businesses that it acquires beginning on the acquisition date. The Company applies a cost accumulation and allocation model to acquisitions that meet the definition of an asset acquisition. Under this model, the purchase price is allocated based on the relative fair value of the assets acquired and liabilities assumed. Additionally, acquisition-related expenses associated with an asset acquisition are capitalized as part of the purchase price. Goodwill and Acquired Intangible Assets 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. The Company first performs a qualitative assessment and will proceed to a quantitative impairment test only if qualitative factors indicate that it is more likely than not that the fair value of the reporting unit or intangible asset is less than its carrying amount.

Business Combinations

Business Combinations	9 Months Ended
Business Combinations	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Business Combinations	Business CombinationsOn August 16, 2021 and August 31, 2021 (each an “Acquisition Date” individually, and collectively, the “Acquisition Dates”), the Company acquired 100% of the equity interests in Zio Entertainment Network, LLC (“Zio”) and Star Waggons, LLC (“Star Waggons”), respectively. The acquired businesses provide transportation and logistics services to studio productions and their acquisition will expand the Company’s service offerings for its studio platform. The following table summarizes the Acquisition Date fair value of the consideration transferred in connection with the acquisitions: Zio Star Waggons Cash $ 117,198 $ 92,656 Contingent consideration 22,800 — Total consideration $ 139,998 $ 92,656 The terms of the Zio securities purchase agreement require the Company to pay up to $35.0 million of additional consideration to the business’s former shareholders, subject to certain performance thresholds being met. The Company is in the process of estimating the future cash flows related to the arrangement for the purpose of determining the final Acquisition Date fair value of the contingent consideration. Therefore, the preliminary measurement of $22.8 million is subject to change. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective Acquisition Dates. The Company is in the process of obtaining third-party valuations of certain intangible assets; thus, the provisional measurements of intangible assets and goodwill are subject to change: Zio Star Waggons Cash and cash equivalents $ 1,084 $ 300 Accounts receivable 3,056 4,185 Prepaid expenses and other assets 1,509 1,605 Non-real estate property, plant and equipment 23,399 28,679 Intangible assets 41,670 33,480 Total assets acquired 70,718 68,249 Accounts payable, accrued liabilities and other $ 1,203 $ 1,394 Intangible liabilities — 110 Total liabilities assumed 1,203 1,504 Net identifiable assets acquired $ 69,515 $ 66,745 Goodwill 70,483 25,911 NET ASSETS ACQUIRED $ 139,998 $ 92,656 Of the $41.7 million of intangible assets acquired as part of the Zio acquisition, $8.5 million was provisionally assigned to the registered trade name, which is not subject to amortization. The remaining $33.2 million of acquired intangible assets includes customer relationships of $30.0 million (7-year useful life) and non-compete agreements of $3.0 million (5-year weighted-average useful life). The definite-lived intangible assets are subject to a weighted-average useful life of approximately 7 years. Of the $33.5 million of intangible assets acquired as part of the Star Waggons acquisition, $8.6 million was provisionally assigned to the registered trade name, which is not subject to amortization. The remaining $24.9 million of acquired intangible assets includes customer relationships of $22.5 million (7-year useful life) and non-compete agreements of $2.3 million (5-year weighted-average useful life). The definite-lived intangible assets are subject to a weighted-average useful life of approximately 7 years. Goodwill of $70.5 million and $25.9 million for the Zio and Star Waggons acquisitions, respectively, was recognized on the respective Acquisition Dates. The goodwill recognized is attributable to expected synergies and the assembled workforce of Zio and Star Waggons. As of September 30, 2021, there were no changes in the recognized amounts of goodwill resulting from the acquisitions. The Company recognized acquisition-related costs of $3.4 million and $2.4 million as current period expense for the Zio and Star Waggons acquisitions, respectively. These costs are included in transaction-related expenses on the Consolidated Statement of Operations. The amounts of revenue and net income of Zio and Star Waggons included in the Company’s Consolidated Statements of Operations from each respective Acquisition Date to September 30, 2021 are as follows: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Zio Star Waggons Zio Star Waggons Revenue $ 4,187 $ 2,828 $ 4,187 $ 2,828 Net income 1,286 1,013 1,286 1,013

Investment in Real Estate

Investment in Real Estate	9 Months Ended
Investment in Real Estate	Sep. 30, 2021
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: September 30, 2021 December 31, 2020 Land $ 1,351,888 $ 1,351,888 Building and improvements 6,008,111 5,840,819 Tenant improvements 751,657 728,111 Furniture and fixtures 14,029 12,250 Property under development 320,806 281,949 INVESTMENT IN REAL ESTATE, AT COST $ 8,446,491 $ 8,215,017 Acquisitions of Real Estate The Company had no acquisitions of real estate related to consolidated entities during the nine months ended September 30, 2021. Dispositions of Real Estate The Company had no dispositions of real estate during the nine months ended September 30, 2021. Held for Sale As of September 30, 2021, the Company had no properties that met the criteria to be classified as held for sale. Impairment of Long-Lived Assets 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 on Level 1 or Level 2 inputs. During the nine months ended September 30, 2021, the Company recorded $2.8 million of impairment charges related to its Del Amo office property due to a reduction in management’s intended hold period from a long-term hold period to a short-term hold period, which resulted in an estimated fair value of the property that was less than its carrying value. The estimated fair value of $17.4 million was based on the estimated sales price of the property, which is classified within Level 2 of the fair value hierarchy. The Company did not recognize impairment charges during the nine months ended September 30, 2020.

Non-Real Estate Property, Plant

Non-Real Estate Property, Plant and Equipment, net	9 Months Ended
Non-Real Estate Property, Plant and Equipment, net	Sep. 30, 2021
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: September 30, 2021 December 31, 2020 Trailers $ 37,250 $ — Leasehold improvements 14,713 14,046 Trucks and other vehicles 11,380 — Furniture, fixtures and equipment 4,196 3,331 Other equipment 4,053 — Non-real estate property, plant and equipment, at cost 71,592 17,377 Accumulated depreciation (11,274) (8,933) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 60,318 $ 8,444 Non-real estate property, plant and equipment, net 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 5 to 20 years. The Company evaluates its non-real estate property, plant and equipment, net for impairment using the same accounting model that it applies to its real estate assets and related intangibles. See Note 4 for details. The Company did not recognize any impairment charges during the nine months ended September 30, 2021 and 2020.

Investment in Unconsolidated Re

Investment in Unconsolidated Real Estate Entities	9 Months Ended
Investment in Unconsolidated Real Estate Entities	Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Real Estate Entities	Investment in Unconsolidated Real Estate Entities As of July 29, 2021, the Company owns 35% of the ownership interest in the joint venture that owns the Sunset Waltham Cross Studios development. The Company also owns 35% of the ownership interest in the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. The joint venture entities’ functional currency is the local currency, or the pound sterling. The maximum exposure related to this unconsolidated joint venture is limited to the Company’s investment. As of December 24, 2020, the Company owns 50% of the ownership interest in the joint venture that owns the Sunset Glenoaks Studios development in Los Angeles, California. The Company serves as the operating member. The maximum exposure related to this unconsolidated joint venture is limited to the Company’s investment. The Company owns 20% of the ownership interest in the joint venture that owns Bentall Centre office property and retail complex in Vancouver, Canada (“Bentall Centre”). The Company serves as the operating partner. The joint venture’s functional currency is the local currency, or the Canadian dollar. The maximum exposure related to this unconsolidated joint venture is limited to the Company’s investment and $102.7 million of debt which the Company has guaranteed. The Company has exposure to risks related to foreign currency fluctuations. Our investments in foreign unconsolidated real estate entities are translated into U.S. dollars at the exchange rate in effect as of the financial statement date. Our share of the income (loss) from our 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 income. The table below presents the combined and condensed balance sheets for the Company’s unconsolidated joint ventures as of: September 30, 2021 December 31, 2020 ASSETS Investment in real estate, net $ 1,035,033 $ 855,639 Other assets 66,085 51,118 TOTAL ASSETS $ 1,101,118 $ 906,757 LIABILITIES Secured debt, net $ 510,355 $ 495,771 Other liabilities 41,397 52,828 TOTAL LIABILITIES 551,752 548,599 Company’s capital (1) 148,742 80,778 Partners’ capital 400,624 277,380 TOTAL CAPITAL 549,366 358,158 TOTAL LIABILITIES AND CAPITAL $ 1,101,118 $ 906,757 __________________ 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 income (loss) from unconsolidated real estate entities on the Consolidated Statements of Operations. The table below presents the combined and condensed statements of operations for the Company’s unconsolidated joint ventures: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 TOTAL REVENUES $ 20,694 $ 25,551 $ 60,121 $ 77,229 TOTAL EXPENSES 17,893 26,081 51,865 76,892 NET INCOME (LOSS) $ 2,801 $ (530) $ 8,256 $ 337

Deferred Leasing Costs and Inta

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net	9 Months Ended
	Sep. 30, 2021
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: September 30, 2021 December 31, 2020 Deferred leasing costs and in-place lease intangibles $ 347,164 $ 352,903 Accumulated amortization (142,957) (127,180) Deferred leasing costs and in-place lease intangibles, net 204,207 225,723 Below-market ground leases (1) 72,469 72,916 Accumulated amortization (15,628) (13,831) Below-market ground leases, net 56,841 59,085 Above-market leases 2,124 2,802 Accumulated amortization (1,530) (1,774) Above-market leases, net 594 1,028 Customer relationships 52,500 — Accumulated amortization (809) — Customer relationships, net 51,691 — Non-competition agreements 5,300 — Accumulated amortization (114) — Non-competition agreements, net 5,186 — Trade name 17,100 — DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 335,619 $ 285,836 Below-market leases $ 84,947 $ 98,365 Accumulated amortization (45,490) (50,054) Below-market leases, net 39,457 48,311 Above-market ground leases 1,095 1,095 Accumulated amortization (295) (262) Above-market ground leases, net 800 833 INTANGIBLE LIABILITIES, NET $ 40,257 $ 49,144 __________________ 1. During the three and nine months ended September 30, 2021, the Company recognized an impairment loss of $0.4 million related to below-market ground leases at its Del Amo office property. See Note 4 for details. The loss is recorded in impairment loss on the Consolidated Statements of Operations. The Company recognized the following amortization related to deferred leasing costs and intangibles: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Deferred leasing costs and in-place lease intangibles (1) $ (11,540) $ (9,936) $ (34,761) $ (30,800) Below-market ground leases (2) $ (600) $ (598) $ (1,797) $ (1,796) Above-market leases (3) $ (73) $ (120) $ (573) $ (472) Customer relationships (4) $ (809) $ — $ (809) $ — Non-competition agreements (4) $ (114) $ — $ (114) $ — Below-market leases (3) $ 3,096 $ 2,575 $ 8,854 $ 7,935 Above-market ground leases (2) $ 11 $ 11 $ 33 $ 33 __________________ 1. Amortization is recorded in depreciation and amortization expenses and office rental revenues on the Consolidated Statements of Operations. 2. Amortization is recorded in office and studio operating expenses on the Consolidated Statements of Operations. 3. Amortization is recorded in office rental revenues on the Consolidated Statements of Operations.

Receivables

Receivables	9 Months Ended
Receivables	Sep. 30, 2021
Receivables [Abstract]
Receivables	Receivables The Company’s accounting policy and methodology used to estimate the allowance for doubtful accounts related to service revenues are discussed in the Company’s 2020 Annual Report on Form 10-K. Accounts Receivable As of September 30, 2021, accounts receivable was $24.9 million and there was a $0.2 million allowance for doubtful accounts. As of December 31, 2020, accounts receivable was $22.1 million and there was no allowance for doubtful accounts. Straight-Line Rent Receivables As of September 30, 2021, straight-line rent receivables was $241.3 million and there was a $31.0 thousand allowance for doubtful accounts. As of December 31, 2020, straight-line rent receivables was $226.0 million and there was a $0.3 million allowance for doubtful accounts.

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets, net	9 Months Ended
Prepaid Expenses and Other Assets, net	Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Assets, net	Prepaid Expenses and Other Assets, net The following table summarizes the Company’s prepaid expenses and other assets, net as of: September 30, 2021 December 31, 2020 Deposits and pre-development costs for future acquisitions $ 37,902 $ 28,488 Prepaid insurance 9,459 5,100 Non-real estate investments 24,682 4,088 Stock purchase warrant 1,684 — Deferred financing costs 434 1,216 Prepaid property tax 3,288 2,138 Interest rate cap derivative asset 112 5 Inventory 1,483 — Other 19,649 14,434 PREPAID EXPENSES AND OTHER ASSETS, NET $ 98,693 $ 55,469 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 gain (loss) on non-real estate investments on the Consolidated Statements of Operations. The Company recognized an unrealized gain of $1.0 million and $9.9 million on its non-real estate investments due to the observable changes in fair value during the three and nine months ended September 30, 2021, respectively. The Company recognized an unrealized gain of $0.5 million and an unrealized loss of $2.3 million on its non-real estate investments due to the observable changes in fair value during the three and nine months ended September 30, 2020, respectively. Stock Purchase Warrant The Company holds an investment in a stock purchase warrant that gives the Company the right to purchase a fixed number of shares of common stock of a non-real estate investee. The warrant meets the definition of a derivative and is measured at fair value based on Level 2 inputs. Changes in the fair value of the derivative asset are included in unrealized gain (loss) on non-real estate investments on the Consolidated Statements of Operations. The Company recognized an unrealized loss of $0.2 million and an unrealized gain of $1.7 million due to the change in the fair value of the stock purchase warrant during the three and nine months ended September 30, 2021, respectively. No gain or loss was recognized related to the change in the fair value of the stock purchase warrant during the three and nine months ended September 30, 2020.

Goodwill

Goodwill	9 Months Ended
Goodwill	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The following table summarizes changes in the carrying amount of goodwill during the nine months ended September 30, 2021: Balance as of December 31, 2020 $ 8,754 Acquisitions (1) 96,395 Balance as of September 30, 2021 $ 105,149 __________________ 1. The measurement of acquired goodwill is provisional and subject to change upon completion of the final purchase accounting. See Note 3 for details. No goodwill impairment indicators have been identified during the three and nine months ended September 30, 2021.

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt The following table sets forth information with respect to the Company’s outstanding indebtedness: September 30, 2021 December 31, 2020 Interest Rate (1) Contractual Maturity Date UNSECURED AND SECURED DEBT Unsecured debt Unsecured revolving credit facility (2)(3) $ 300,000 $ — LIBOR + 1.05% to 1.50% 3/13/2022 (4) Series A notes 110,000 110,000 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 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 Total unsecured debt 2,225,000 1,925,000 Secured debt 10950 Washington (5) 25,247 25,717 5.32% 3/11/2022 Hollywood Media Portfolio, net (6)(7) 890,186 792,186 LIBOR + 1.17% 8/9/2023 One Westside and 10850 Pico (8) 220,240 106,073 LIBOR + 1.70% 12/18/2023 (4) Element LA 168,000 168,000 4.59% 11/6/2025 1918 Eighth (9) 314,300 314,300 LIBOR + 1.70% 12/18/2025 Hill7 (10) 101,000 101,000 3.38% 11/6/2028 Total secured debt 1,718,973 1,507,276 Total unsecured and secured debt 3,943,973 3,432,276 Unamortized deferred financing costs and loan discounts/premiums (11) (33,568) (32,784) TOTAL UNSECURED AND SECURED DEBT, NET $ 3,910,405 $ 3,399,492 IN-SUBSTANCE DEFEASED DEBT (12) $ 129,105 $ 131,707 4.47% 10/1/2022 JOINT VENTURE PARTNER DEBT (13) $ 66,136 $ 66,136 4.50% 10/9/2028 _________________ 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 September 30, 2021, which may be different than the interest rates as of December 31, 2020 for corresponding indebtedness. 2. The annual facility fee rate is 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 September 30, 2021, no such election had been made and the unsecured revolving credit facility bore interest at LIBOR + 1.10%. 3. The Company has a total capacity of $600.0 million available under its unsecured revolving credit facility. 4. The maturity date may be extended once for an additional one-year term. 5. Monthly debt service includes debt amortization payments based on a 30-year amortization schedule with a balloon payment at maturity. 6. The Company owns 51% of the ownership interest in the consolidated joint venture that owns the Hollywood Media Portfolio. The joint venture holds a $1.1 billion mortgage loan secured by the Hollywood Media Portfolio, which has an initial term of two years from the first payment date with three one-year extension options, subject to certain requirements. The effective interest rate on the loan is LIBOR + 1.17% until August 9, 2022, at which time the effective interest rate will decrease to LIBOR + 0.99%. The Company purchased bonds comprising the loan in the amount of $209.8 million. 7. The interest rate on a portion of the outstanding loan balance has been effectively fixed through the use of interest rate swaps under the first payments approach. As of September 30, 2021, the LIBOR component of the interest rate was fixed at 1.76% with respect to $350.0 million and 1.43% with respect to $125.0 million of the loan secured by the Hollywood Media Portfolio, respectively. 8. The Company has the ability to draw up to $414.6 million under the construction loan secured by the One Westside and 10850 Pico properties. 9. The Company owns 55% of the ownership interest in the consolidated joint venture that owns the 1918 Eighth property. The full amount of the loan is shown. This loan is interest-only through its term. 10. The Company owns 55% of the ownership interest in the consolidated joint venture that owns the Hill7 property. The full amount of the loan is shown. 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. 11. 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 9 for details. 12. The Company owns 75% of the ownership interest in the joint venture that owns the One Westside and 10850 Pico properties. The full amount of the loan is shown. Monthly debt service includes debt amortization payments based on a 10-year amortization schedule with a balloon payment at maturity. 13. 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. The maturity date may be extended twice for an additional two-year term each. Current Year Activity During the nine months ended September 30, 2021, there were $300.0 million in borrowings on the unsecured revolving credit facility. 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 August 2021, the consolidated joint venture that owns the Hollywood Media Portfolio refinanced its previous $900.0 million loan secured by the Hollywood Media Portfolio, which bore interest at a rate of LIBOR + 2.15%, with a $1.1 billion mortgage loan secured by the Hollywood Media Portfolio with an interest rate of LIBOR + 1.17%. In August 2021, the Company also purchased bonds comprising the loan in the amount of $209.8 million and concurrently redeemed bonds comprising the previous loan in the amount of $107.8 million. The refinancing resulted in resulted in a $6.2 million loss on extinguishment of debt recognized on the Consolidated Statements of Operations. 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 (before the impact of extension options, if applicable) as of September 30, 2021: Year Unsecured and Secured Debt In-substance Defeased Debt Joint Venture Partner Debt Remaining 2021 $ 162 $ 892 $ — 2022 325,085 128,213 — 2023 1,270,426 — — 2024 — — — 2025 741,300 — — Thereafter 1,607,000 — 66,136 TOTAL $ 3,943,973 $ 129,105 $ 66,136 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 September 30, 2021 related to the unsecured revolving credit facility, term loans and note purchase agreements, when considering the most restrictive terms: Covenant Ratio Covenant Level Actual Performance Total liabilities to total asset value ≤ 60% 42.7% Unsecured indebtedness to unencumbered asset value ≤ 60% 41.7% Adjusted EBITDA to fixed charges ≥ 1.5x 3.6x Secured indebtedness to total asset value ≤ 45% 19.4% Unencumbered NOI to unsecured interest expense ≥ 2.0x 3.5x The following table summarizes existing covenants and their covenant levels related to the registered senior notes as of September 30, 2021: Covenant Ratio (1) Covenant Level Actual Performance Debt to total assets ≤ 60% 44.0% Total unencumbered assets to unsecured debt ≥ 150% 268.3% Consolidated income available for debt service to annual debt service charge ≥ 1.5x 4.3x Secured debt to total assets ≤ 45% 19.8% _________________ 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 and 4.65% senior notes. The operating partnership was in compliance with its financial covenants as of September 30, 2021. 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 guarantees the operating partnership’s unsecured debt. Interest Expense The following table represents a reconciliation from gross interest expense to the interest expense on the Consolidated Statements of Operations: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Gross interest expense (1) $ 33,912 $ 32,243 $ 101,341 $ 93,846 Capitalized interest (5,760) (4,519) (17,049) (14,264) Amortization of deferred financing costs and loan discounts/premiums 2,673 2,114 7,508 4,603 INTEREST EXPENSE $ 30,825 $ 29,838 $ 91,800 $ 84,185 _________________ 1. Includes interest on the Company’s debt and hedging activities and term loans.

Derivatives

Derivatives	9 Months Ended
Derivatives	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company enters into derivatives in order to hedge interest rate risk. The Company had three interest rate swaps with aggregate notional amounts of $475.0 million as of September 30, 2021 and December 31, 2020. These derivatives were designated as effective cash flow hedges for accounting purposes. The Company had one interest rate cap contract with an aggregate notional amount $1.1 billion of September 30, 2021 and one interest rate cap contract with an aggregate notional amount of $900.0 million as of and December 31, 2020. The interest rate caps are not designated under hedge accounting and are accounted for under mark-to-market accounting. 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 September 30, 2021 and December 31, 2020: Interest Rate Range (1) Fair Value (Liabilities) Assets Underlying Debt Instrument Number of Derivatives Notional Amount Effective Date Maturity Date Low High September 30, 2021 December 31, 2020 Interest rate swaps Hollywood Media Portfolio (2) 2 $ 350,000 April 2015 April 2022 2.96% 3.46% $ (2,922) $ (7,112) Hollywood Media Portfolio (2) 1 125,000 June 2016 November 2022 2.63% 3.13% (1,827) (2,994) Interest rate cap Strike rate Hollywood Media Portfolio (3) 1 $ 900,000 July 2020 Terminated August 2021 3.50% $ — $ 5 Hollywood Media Portfolio (3) 1 1,100,000 August 2021 August 2023 3.50% $ 112 — TOTAL $ (4,637) $ (10,101) _____________ 1. The rate is based on the fixed rate from the swap and the spread based on the operating partnership’s leverage ratio. 2. The swaps were designated under the first payments approach within hedge accounting, where the Company elected to designate a cash flow (LIBOR-based interest payments) instead of a specific piece of debt. 3. The Hollywood Media Portfolio debt was refinanced during the nine months ended September 30, 2021 with the loan amount being increased to $1.1 billion. Concurrently with the refinance, the interest rate cap associated with the original $900.0 million loan was early-terminated and replaced with an interest rate cap with a notional amount of $1.1 billion and a maturity in August 2023. 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 September 30, 2021, the Company expects $4.6 million of unrealized loss included in accumulated other comprehensive loss will be reclassified as an increase to interest expense in the next 12 months.

U.S. Government Securities

U.S. Government Securities	9 Months Ended
U.S. Government Securities	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
U.S. Government Securities	U.S. Government Securities The Company had U.S. Government securities of $130.1 million and $135.1 million as of September 30, 2021 and December 31, 2020, respectively. The acquisition of the One Westside and 10850 Pico properties in 2018 included the assumption of debt that was, in substance, defeased through the purchase of U.S. Government-backed securities. The securities are investments held to maturity and are carried at amortized cost on the Consolidated Balance Sheets. The Company has both the intent and ability to hold to maturity. As of September 30, 2021, the Company has incurred $5.1 million of gross unrealized gains and no gross unrealized losses related to the U.S. Government securities. The following table summarizes the carrying value and fair value of the Company’s securities by the contractual maturity date as of September 30, 2021: Carrying Value Fair Value Due in 1 year $ 130,103 $ 135,205 TOTAL $ 130,103 $ 135,205

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Hudson Pacific Properties, Inc. has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its taxable year ended December 31, 2010. Provided it continues to qualify for taxation as a REIT, Hudson Pacific Properties, Inc. is generally not subject to corporate-level income tax on the earnings distributed currently to its stockholders. The Company has elected, together with certain of its subsidiaries, to treat each such subsidiary as a taxable REIT subsidiary (“TRS”) for federal income tax purposes. 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. 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, no provision has been made for federal income taxes in the accompanying consolidated financial statements for the activities of these entities. The Company periodically evaluates its tax positions to determine whether it is more likely than not that such positions would be sustained upon examination by a tax authority for all open tax years, as defined by the statute of limitations, based on their technical merits. As of September 30, 2021, 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 2016. The Company has assessed its tax positions for all open years, which as of September 30, 2021 included 2017 to 2019 for Federal purposes and 2016 to 2019 for state purposes, and concluded that there are no material uncertainties to be recognized.

Future Minimum Rents and Lease

Future Minimum Rents and Lease Payments	9 Months Ended
Future Minimum Rents and Lease Payments	Sep. 30, 2021
Leases [Abstract]
Future Minimum Rents and Lease Payments (Lessor)	Future Minimum Rents and Lease Payments 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 September 30, 2021: Year Ended Non-cancellable Subject to Early Termination Options Total (1) Remaining 2021 $ 158,243 $ 881 $ 159,124 2022 615,780 11,754 627,534 2023 568,759 11,326 580,085 2024 507,086 15,811 522,897 2025 367,238 51,373 418,611 Thereafter 1,570,644 209,267 1,779,911 TOTAL $ 3,787,750 $ 300,412 $ 4,088,162 _____________ 1. Excludes rents under leases at the Company’s studio properties with terms of one year or less. Operating Lease Agreements The Company is party to long-term non-cancellable operating lease agreements in which it is a lessee, consisting of 13 ground leases, three facility leases and two office leases as of September 30, 2021. The Company’s operating lease obligations have expiration dates ranging from 2023 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 September 30, 2021, the present value of the remaining contractual payments of $608.4 million under the Company’s operating lease agreements was $280.2 million. The corresponding operating lease right-of-use assets amounted to $274.0 million. 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 September 30, 2021: Year Lease Payments (1) Remaining 2021 $ 5,162 2022 20,656 2023 20,448 2024 20,420 2025 20,437 Thereafter 521,237 Total operating lease payments 608,360 Less: interest portion (328,150) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 280,210 _____________ 1. Future minimum lease payments for operating leases denominated in Canadian dollars 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: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Variable rental expense $ 2,765 $ 2,427 $ 7,873 $ 6,683 Minimum rental expense $ 5,421 $ 4,991 $ 15,963 $ 14,973
Future Minimum Rents and Lease Payments (Lessee)	Future Minimum Rents and Lease Payments 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 September 30, 2021: Year Ended Non-cancellable Subject to Early Termination Options Total (1) Remaining 2021 $ 158,243 $ 881 $ 159,124 2022 615,780 11,754 627,534 2023 568,759 11,326 580,085 2024 507,086 15,811 522,897 2025 367,238 51,373 418,611 Thereafter 1,570,644 209,267 1,779,911 TOTAL $ 3,787,750 $ 300,412 $ 4,088,162 _____________ 1. Excludes rents under leases at the Company’s studio properties with terms of one year or less. Operating Lease Agreements The Company is party to long-term non-cancellable operating lease agreements in which it is a lessee, consisting of 13 ground leases, three facility leases and two office leases as of September 30, 2021. The Company’s operating lease obligations have expiration dates ranging from 2023 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 September 30, 2021, the present value of the remaining contractual payments of $608.4 million under the Company’s operating lease agreements was $280.2 million. The corresponding operating lease right-of-use assets amounted to $274.0 million. 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 September 30, 2021: Year Lease Payments (1) Remaining 2021 $ 5,162 2022 20,656 2023 20,448 2024 20,420 2025 20,437 Thereafter 521,237 Total operating lease payments 608,360 Less: interest portion (328,150) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 280,210 _____________ 1. Future minimum lease payments for operating leases denominated in Canadian dollars 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: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Variable rental expense $ 2,765 $ 2,427 $ 7,873 $ 6,683 Minimum rental expense $ 5,421 $ 4,991 $ 15,963 $ 14,973

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
Fair Value of Financial Instruments	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The GAAP fair value framework uses a three-tiered approach. Fair value measurements are classified and disclosed in one of the following three categories: • Level 1: unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; • Level 2: quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and • Level 3: prices or valuation techniques where little or no market data is available that require inputs that are both significant to the fair value measurement and unobservable. The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: September 30, 2021 December 31, 2020 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate cap derivative asset (1) $ — $ 112 $ — $ 112 $ — $ 5 $ — $ 5 Interest rate swap derivative liabilities (2) $ — $ (4,749) $ — $ (4,749) $ — $ (10,106) $ — $ (10,106) Non-real estate investments measured at fair value (1) $ 1,920 $ 1,555 $ — $ 3,475 $ — $ 750 $ — $ 750 Stock purchase warrant (1) $ — $ 1,684 $ — $ 1,684 $ — $ — $ — $ — Earnout liability (2)(3) $ — $ — $ 22,800 $ 22,800 $ — $ — $ — $ — Non-real estate investments measured at NAV (1)(4) $ — $ — $ — $ 21,207 $ — $ — $ — $ 3,338 ___________ 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. Related to the acquisition of Zio. Refer to Note 3 for additional details. 4. 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 item includes an investment in 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 cap and swap 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 value which are valued on a quarterly basis using the closing stock price and the Black-Scholes model, respectively. Level 3 item includes 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. 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 value of the investment in U.S. Government securities is an estimate based on Level 1 inputs. 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: September 30, 2021 December 31, 2020 Carrying Value Fair Value Carrying Value Fair Value ASSETS U.S. Government securities $ 130,103 $ 135,205 $ 135,115 $ 140,270 LIABILITIES Unsecured debt (1) $ 2,225,000 $ 2,352,998 $ 1,925,000 $ 2,072,833 Secured debt (1) $ 1,718,973 $ 1,592,605 $ 1,507,276 $ 1,503,960 In-substance defeased debt $ 129,105 $ 129,319 $ 131,707 $ 131,633 Joint venture partner debt $ 66,136 $ 69,771 $ 66,136 $ 68,346 _________________

Stock-based Compensation

Stock-based Compensation	9 Months Ended
Stock-based Compensation	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-based Compensation The Company has various stock compensation arrangements, which are more fully described in the 2020 Annual Report on Form 10-K. Under the 2010 Incentive Plan, as amended (“2010 Plan”), the Company’s board of directors (“Board”) has the ability to grant, among other things, restricted stock, restricted stock units, operating partnership performance units and performance-based awards. The Board awards restricted shares to non-employee Board members on an annual basis as part of such Board members’ annual compensation and to newly elected non-employee Board members in accordance with the 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 fourth quarter 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 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 a named executive officer. Additionally, certain employees elect to receive operating partnership performance units in lieu of their annual cash bonus. These awards are generally issued in the fourth quarter and are fully-vested upon their issuance. The Compensation Committee of the Board (“Compensation Committee”) adopted a Hudson Pacific Properties, Inc. Outperformance Program (“OPP Plan”) under the 2010 Plan through 2019. Commencing with the 2017 OPP Plan, to the extent an award is earned following the completion of a three-year performance period, 50% of the earned award will vest in full at the end of the three-year performance period and 50% of the earned award will be subject to a mandatory two-year holding period upon vesting. OPP Plan awards are settled in common stock and, in the case of certain executives, in operating partnership performance units. Beginning in 2020, the 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. PSU Plan grants 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 SNL U.S. REIT Office 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. 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. The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Expensed stock compensation (1) $ 5,840 $ 4,791 $ 15,718 $ 14,409 Capitalized stock compensation (2) 771 751 2,659 2,317 TOTAL STOCK COMPENSATION (3) $ 6,611 $ 5,542 $ 18,377 $ 16,726 _________________ 1. Amounts are recorded in general and administrative 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

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2021
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 three and nine months ended months ended September 30, 2021 and 2020, 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 for net income available to common stockholders: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Numerator: Basic net (loss) income available to common stockholders $ (9,295) $ (5,436) $ (1,998) $ 8,859 Effect of dilutive instruments — — — 92 Diluted net (loss) income available to common stockholders $ (9,295) $ (5,436) $ (1,998) $ 8,951 Denominator: Basic weighted average common shares outstanding 152,320,252 153,196,007 151,443,305 153,643,278 Effect of dilutive instruments (1) — — — 2,387,537 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 152,320,252 153,196,007 151,443,305 156,030,815 Basic earnings per common share $ (0.06) $ (0.04) $ (0.01) $ 0.06 Diluted earnings per common share $ (0.06) $ (0.04) $ (0.01) $ 0.06 ________________ 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 three and nine months ended September 30, 2021 and 2020, 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 for net income available to common unitholders: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Numerator: Basic and diluted net (loss) income available to common unitholders $ (9,380) $ (5,642) $ (2,014) $ 8,489 Denominator: Basic weighted average common units outstanding 153,701,876 154,107,865 152,818,720 154,555,136 Effect of dilutive instruments (1) — — — 867,000 DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING 153,701,876 154,107,865 152,818,720 155,422,136 Basic earnings per common unit $ (0.06) $ (0.04) $ (0.01) $ 0.05 Diluted earnings per common unit $ (0.06) $ (0.04) $ (0.01) $ 0.05 ________________

Redeemable Non-Controlling Inte

Redeemable Non-Controlling Interest	9 Months Ended
Redeemable Non-Controlling Interest	Sep. 30, 2021
Temporary Equity Disclosure [Abstract]
Redeemable Non-Controlling Interest	Redeemable Non-controlling Interest Redeemable Preferred Units of the Operating Partnership As of September 30, 2021 and December 31, 2020, there were 392,598 series A preferred units of partnership interest in the operating partnership (“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 WSP, LLC (“Macerich”) to form HPP-MAC WSP, LLC. On August 31, 2018, Macerich contributed Westside Pavilion to the HPP-MAC WSP, LLC. The Company has a 75% interest in the joint venture that owns the One Westside and 10850 Pico 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 currently redeemable. 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: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Series A Redeemable Preferred Units Consolidated Real Estate Entities Series A Redeemable Preferred Units Consolidated Entities BEGINNING OF PERIOD $ 9,815 $ 127,445 $ 9,815 $ 127,874 Contributions — 2,719 — 4,262 Distributions — — — (8) Declared dividend (153) — (459) — Net income (loss) 153 (816) 459 (2,780) END OF PERIOD $ 9,815 $ 129,348 $ 9,815 $ 129,348

Equity

Equity	9 Months Ended
Equity	Sep. 30, 2021
Equity [Abstract]
Equity	Equity The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss (“OCI”): Derivative Instruments Currency Translation Adjustments Total Accumulated Other Comprehensive Loss BALANCE AT DECEMBER 31, 2020 $ (11,378) $ 3,245 $ (8,133) Unrealized losses recognized in OCI (374) (1,567) (1,941) Reclassification adjustment for realized gains (1) 5,626 — 5,626 Net change in OCI 5,252 (1,567) 3,685 BALANCE AT SEPTEMBER 30, 2021 $ (6,126) $ 1,678 $ (4,448) _____________ 1. The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. The table below presents the activity related to Hudson Pacific Properties, L.P.’s OCI: Derivative Instruments Currency Translation Adjustments Total Accumulated Other Comprehensive Loss BALANCE AT DECEMBER 31, 2020 $ (11,485) $ 3,239 $ (8,246) Unrealized losses recognized in OCI (379) (1,588) (1,967) Reclassification adjustment for realized gains (1) 5,702 — 5,702 Net change in OCI 5,323 (1,588) 3,735 BALANCE AT SEPTEMBER 30, 2021 $ (6,162) $ 1,651 $ (4,511) _____________ 1. The gains and losses on the operating partnership’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. 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. Current Year Activity The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of: September 30, 2021 December 31, 2020 Company-owned common units in the operating partnership 152,320,252 151,401,365 Company’s ownership interest percentage 99.1 % 99.1 % Non-controlling units in the operating partnership (1) 1,381,624 1,321,083 Non-controlling ownership interest percentage 0.9 % 0.9 % _________________ 1. Represents common units held by certain of the Company’s executive officers, directors and outside investors. As of September 30, 2021, this amount represents both common units and performance units in the amount of 550,969 and 830,655, respectively. As of December 31, 2020, this amount represents both common units and performance units in the amount of 550,969 and 770,114, respectively. Common Stock Activity The Company has not completed any common stock offerings during the nine months ended September 30, 2021. The Company’s at-the-market (“ATM”) program permits sales of up to $125.0 million of common stock. The Company utilized the ATM program during the nine months ended September 30, 2021 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. A cumulative total of $65.8 million has been sold as of September 30, 2021. Share Repurchase Program The Company is authorized to repurchase shares of its common stock up to a total of $250.0 million under its share repurchase program. During the nine months ended September 30, 2021, the Company repurchased $14.7 million of its common stock, before transaction costs. Since commencement of the program, a cumulative total of $144.9 million has 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. Dividends The Board declares dividends on a quarterly basis and the Company pays the dividends during the quarters in which the dividends are declared. The following table summarizes dividends declared and paid for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Common stock $ 0.25 $ 0.25 $ 0.75 $ 0.75 Common units $ 0.25 $ 0.25 $ 0.75 $ 0.75 Series A preferred units $ 0.3906 $ 0.3906 $ 1.1718 $ 1.1718 Performance units $ 0.25 $ 0.25 $ 0.75 $ 0.75 Payment date September 30, 2021 September 28, 2020 N/A N/A Record date September 20, 2021 September 18, 2020 N/A N/A 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.

Segment Reporting

Segment Reporting	9 Months Ended
Segment Reporting	Sep. 30, 2021
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 reporting 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: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Office segment Office revenues $ 201,866 $ 180,716 $ 589,712 $ 551,451 Office expenses (71,865) (66,075) (207,538) (194,546) Office segment profit 130,001 114,641 382,174 356,905 Studio segment Studio revenues 25,766 15,569 66,641 49,671 Studio expenses (12,044) (9,034) (35,963) (27,635) Studio segment profit 13,722 6,535 30,678 22,036 TOTAL SEGMENT PROFIT $ 143,723 $ 121,176 $ 412,852 $ 378,941 Segment revenues $ 227,632 $ 196,285 $ 656,353 $ 601,122 Segment expenses (83,909) (75,109) (243,501) (222,181) TOTAL SEGMENT PROFIT $ 143,723 $ 121,176 $ 412,852 $ 378,941 The table below is a reconciliation of the total profit from all segments to net income attributable to common stockholders: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 NET (LOSS) INCOME $ (6,182) $ (1,362) $ 12,259 $ 19,598 General and administrative 18,288 17,428 53,846 53,943 Depreciation and amortization 88,568 75,052 255,507 222,331 (Income) loss from unconsolidated real estate entities (566) 105 (1,671) (69) Fee income (678) (575) (2,323) (1,741) Interest expense 30,825 29,838 91,800 84,185 Interest income (934) (1,056) (2,868) (3,129) Management services reimbursement income—unconsolidated real estate entities (253) — (879) — Management services expense—unconsolidated real estate entities 253 — 879 — Transaction-related expenses 6,300 181 7,364 440 Unrealized (gain) loss on non-real estate investments (827) (513) (11,620) 2,335 Impairment loss 2,762 — 2,762 — Loss on extinguishment of debt 6,249 2,654 6,249 2,654 Other (income) expense (82) (576) 1,547 (1,606) TOTAL PROFIT FROM ALL SEGMENTS $ 143,723 $ 121,176 $ 412,852 $ 378,941

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Employment Agreements The Company has entered into employment agreements with certain executive officers, effective January 1, 2020, that provide for various severance and change in control benefits and other terms and conditions of employment. 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 September 30, 2021, the Company’s right-of-use assets and lease liabilities related to these lease obligations were $7.4 million and $7.5 million, respectively. During the nine months ended September 30, 2021, the Company recognized $0.8 million of related rental expense in management services expense—unconsolidated joint ventures on the Consolidated Statement of Operations related to these leases.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Non-Real Estate Investments The Company invests in several non-real estate funds with an aggregate commitment to contribute up to $28.0 million. As of September 30, 2021, the Company has contributed $14.7 million to these funds, net of distributions, with $13.3 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 September 30, 2021, 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 September 30, 2021, the Company had outstanding letters of credit totaling approximately $2.8 million 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. As of September 30, 2021, the Company had $179.9 million in outstanding obligations under the agreements.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
Supplemental Cash Flow Information	Sep. 30, 2021
Cash and Cash Equivalents [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information Supplemental cash flow information for Hudson Pacific Properties, Inc. is included as follows: Nine Months Ended September 30, 2021 2020 Cash paid for interest, net of capitalized interest $ 74,381 $ 65,908 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 136,661 $ 132,836 Lease liabilities recorded in connection with right-of-use assets $ 13,881 $ — Earnout liability recognized as contingent consideration for business combination $ 22,800 $ — Accrued liability for common stock repurchases settled after quarter-end $ — $ 8,468 Supplemental cash flow information for Hudson Pacific Properties, L.P. is included as follows: Nine Months Ended September 30, 2021 2020 Cash paid for interest, net of capitalized interest $ 74,381 $ 65,908 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 136,661 $ 132,836 Lease liabilities recorded in connection with right-of-use assets $ 13,881 $ — Earnout liability recognized as contingent consideration for business combination $ 22,800 $ — Accrued liability for common unit repurchases settled after quarter-end $ — $ 8,468 Restricted cash primarily consists of amounts held by lenders to fund reserves such as capital improvements, taxes, insurance, debt service and operating expenditures. The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented for Hudson Pacific Properties, Inc: Nine Months Ended September 30, 2021 2020 BEGINNING OF PERIOD Cash and cash equivalents $ 113,686 $ 46,224 Restricted cash 35,854 12,034 TOTAL $ 149,540 $ 58,258 END OF PERIOD Cash and cash equivalents $ 110,500 $ 365,294 Restricted cash 109,737 38,979 TOTAL $ 220,237 $ 404,273 The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented for Hudson Pacific Properties, L.P.: Nine Months Ended September 30, 2021 2020 BEGINNING OF PERIOD Cash and cash equivalents $ 113,686 $ 46,224 Restricted cash 35,854 12,034 TOTAL $ 149,540 $ 58,258 END OF PERIOD Cash and cash equivalents $ 110,500 $ 365,294 Restricted cash 109,737 38,979 TOTAL $ 220,237 $ 404,273

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2021
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”) applicable to interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures required for annual financial statements have been condensed or excluded pursuant to the Securities and Exchange Commission (“SEC”) rules and regulations. Accordingly, the interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying interim financial statements reflect all adjustments of a normal and recurring nature that are considered necessary for a fair presentation of the results for the interim periods presented. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. The interim consolidated financial statements should be read in conjunction with the consolidated financial statements in the 2020 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. and the notes thereto. For comparison purposes, the Company has reclassified goodwill of $8.8 million and non-real estate property, plant and equipment of $8.4 million from prepaid expenses and other assets to goodwill and non-real estate property, plant and equipment, net, respectively, on the Consolidated Balance Sheet as of December 31, 2020 to conform to the presentation as of September 30,
Principles of consolidation	Principles of Consolidation The unaudited interim consolidated financial statements of the Company include the accounts of the Company, the operating partnership and all wholly-owned 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 September 30, 2021, the Company has determined that its operating partnership and 17 joint ventures met the definition of a VIE. 12 of these joint ventures are consolidated and five are unconsolidated.
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, developing 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 its performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates.
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 and 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 made 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
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 revenues and other Other revenues Parking revenue that is not associated with lease agreements and other Office and studio segments: service revenues and other Sale of real estate Gains on sales derived from cash consideration less cost basis Gains 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. 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,
Acquisitions	Acquisitions 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. The difference between the fair value of the consideration transferred for the acquisition and the fair value of the net assets acquired is recorded as goodwill and acquisition-related expenses arising from the transaction are expensed as incurred. The Company includes the results of operations of the businesses that it acquires beginning on the acquisition date. The Company applies a cost accumulation and allocation model to acquisitions that meet the definition of an asset acquisition. Under this model, the purchase price is allocated based on the relative fair value of the assets acquired and liabilities assumed. Additionally, acquisition-related expenses associated with an asset acquisition are capitalized as part of the purchase price.
Goodwill and acquired intangible assets	Goodwill and Acquired Intangible Assets 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. The Company first performs a qualitative assessment and will proceed to a quantitative impairment test only if qualitative factors indicate that it is more likely than not that the fair value of the reporting unit or intangible asset is less than its carrying amount.

Organization (Tables)

Organization (Tables)	9 Months Ended
Organization (Tables)	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Portfolio of properties	The following table summarizes the Company’s portfolio as of September 30, 2021: Segments Number of Properties Square Feet (unaudited) Consolidated portfolio Office 52 14,076,114 Studios 3 1,224,403 Land 6 2,504,406 Total consolidated portfolio 61 17,804,923 Unconsolidated portfolio (1) Office 1 1,495,738 Land (2) 3 691,000 Total unconsolidated portfolio 4 2,186,738 TOTAL (3) 65 19,991,661 _________________ 1. The Company owns 20% of the unconsolidated joint venture that owns the Bentall Centre property, 50% of the unconsolidated joint venture entity that owns the Sunset Glenoaks Studios development and 35% of the unconsolidated joint venture entity that owns the Sunset Waltham Cross Studios development. The square footage shown above represents 100% of the properties. See Notes 2 and 6 for details. 2. Includes land for the Burrard Exchange at Bentall Centre, Sunset Glenoaks Studios and Sunset Waltham Cross Studios developments. Square footage for Sunset Waltham Cross Studios is yet to be determined. 3. Includes repositioning, redevelopment and development properties.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
Summary of Significant Accounting Policies (Tables)	Sep. 30, 2021
Accounting Policies [Abstract]
Schedule of consolidated entities	As of September 30, 2021, the operating partnership has determined that 12 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 One Westside and 10850 Pico 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 Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (1) 51.0 % Sunset Studios Holdings, LLC EPIC 51.0 % Hudson Media and Entertainment Management, LLC None (2) 51.0 % Hudson 6040 Sunset, LLC 6040 Sunset 51.0 % Hudson 1918 Eighth, L.P. 1918 Eighth 55.0 % __________________ 1. 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 the respective entertainment properties above. 2. 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”).
Schedule of sources of revenues	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 revenues and other Other revenues Parking revenue that is not associated with lease agreements and other Office and studio segments: service revenues and other Sale of real estate Gains on sales derived from cash consideration less cost basis Gains 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
Schedule of receivables subject to new accounting standards	The following table summarizes the Company’s revenue streams that are accounted for under ASC 606 for the three and nine months ended September 30, 2021 and 2020: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Ancillary revenues $ 12,224 $ 3,130 $ 26,857 $ 10,542 Other revenues $ 4,281 $ 2,832 $ 11,246 $ 12,624 Studio-related tenant recoveries $ 418 $ 343 $ 1,424 $ 1,166 Management fee income $ 678 $ 575 $ 2,323 $ 1,741 Management services reimbursement income $ 253 $ — $ 879 $ — The following table summarizes the Company’s receivables that are accounted for under ASC 606 as of: September 30, 2021 December 31, 2020 Ancillary revenues $ 8,438 $ 1,700 Other revenues $ 1,187 $ 1,058

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
Business Combinations (Tables)	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of business acquisitions, by acquisition	The following table summarizes the Acquisition Date fair value of the consideration transferred in connection with the acquisitions: Zio Star Waggons Cash $ 117,198 $ 92,656 Contingent consideration 22,800 — Total consideration $ 139,998 $ 92,656
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 respective Acquisition Dates. The Company is in the process of obtaining third-party valuations of certain intangible assets; thus, the provisional measurements of intangible assets and goodwill are subject to change: Zio Star Waggons Cash and cash equivalents $ 1,084 $ 300 Accounts receivable 3,056 4,185 Prepaid expenses and other assets 1,509 1,605 Non-real estate property, plant and equipment 23,399 28,679 Intangible assets 41,670 33,480 Total assets acquired 70,718 68,249 Accounts payable, accrued liabilities and other $ 1,203 $ 1,394 Intangible liabilities — 110 Total liabilities assumed 1,203 1,504 Net identifiable assets acquired $ 69,515 $ 66,745 Goodwill 70,483 25,911 NET ASSETS ACQUIRED $ 139,998 $ 92,656
Business acquisition, pro Forma information	The amounts of revenue and net income of Zio and Star Waggons included in the Company’s Consolidated Statements of Operations from each respective Acquisition Date to September 30, 2021 are as follows: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Zio Star Waggons Zio Star Waggons Revenue $ 4,187 $ 2,828 $ 4,187 $ 2,828 Net income 1,286 1,013 1,286 1,013

Investment in Real Estate (Tabl

Investment in Real Estate (Tables)	9 Months Ended
Investment in Real Estate (Tables)	Sep. 30, 2021
Real Estate [Abstract]
Summary of investment in real estate	The following table summarizes the Company’s investment in real estate, at cost as of: September 30, 2021 December 31, 2020 Land $ 1,351,888 $ 1,351,888 Building and improvements 6,008,111 5,840,819 Tenant improvements 751,657 728,111 Furniture and fixtures 14,029 12,250 Property under development 320,806 281,949 INVESTMENT IN REAL ESTATE, AT COST $ 8,446,491 $ 8,215,017

Non-Real Estate Property, Pla_2

Non-Real Estate Property, Plant and Equipment, net (Tables)	9 Months Ended
Non-Real Estate Property, Plant and Equipment, net (Tables)	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Property, plant and equipment net	The following table summarizes the Company’s non-real estate property, plant and equipment, net as of: September 30, 2021 December 31, 2020 Trailers $ 37,250 $ — Leasehold improvements 14,713 14,046 Trucks and other vehicles 11,380 — Furniture, fixtures and equipment 4,196 3,331 Other equipment 4,053 — Non-real estate property, plant and equipment, at cost 71,592 17,377 Accumulated depreciation (11,274) (8,933) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 60,318 $ 8,444

Investment in Unconsolidated _2

Investment in Unconsolidated Real Estate Entities (Tables)	9 Months Ended
Investment in Unconsolidated Real Estate Entities (Tables)	Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
Schedule of equity method investments	The table below presents the combined and condensed balance sheets for the Company’s unconsolidated joint ventures as of: September 30, 2021 December 31, 2020 ASSETS Investment in real estate, net $ 1,035,033 $ 855,639 Other assets 66,085 51,118 TOTAL ASSETS $ 1,101,118 $ 906,757 LIABILITIES Secured debt, net $ 510,355 $ 495,771 Other liabilities 41,397 52,828 TOTAL LIABILITIES 551,752 548,599 Company’s capital (1) 148,742 80,778 Partners’ capital 400,624 277,380 TOTAL CAPITAL 549,366 358,158 TOTAL LIABILITIES AND CAPITAL $ 1,101,118 $ 906,757 __________________ 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 income (loss) from unconsolidated real estate entities on the Consolidated Statements of Operations. The table below presents the combined and condensed statements of operations for the Company’s unconsolidated joint ventures: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 TOTAL REVENUES $ 20,694 $ 25,551 $ 60,121 $ 77,229 TOTAL EXPENSES 17,893 26,081 51,865 76,892 NET INCOME (LOSS) $ 2,801 $ (530) $ 8,256 $ 337

Deferred Leasing Costs and In_2

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of deferred leasing cost and lease intangibles	The following summarizes the Company’s deferred leasing costs and intangibles as of: September 30, 2021 December 31, 2020 Deferred leasing costs and in-place lease intangibles $ 347,164 $ 352,903 Accumulated amortization (142,957) (127,180) Deferred leasing costs and in-place lease intangibles, net 204,207 225,723 Below-market ground leases (1) 72,469 72,916 Accumulated amortization (15,628) (13,831) Below-market ground leases, net 56,841 59,085 Above-market leases 2,124 2,802 Accumulated amortization (1,530) (1,774) Above-market leases, net 594 1,028 Customer relationships 52,500 — Accumulated amortization (809) — Customer relationships, net 51,691 — Non-competition agreements 5,300 — Accumulated amortization (114) — Non-competition agreements, net 5,186 — Trade name 17,100 — DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 335,619 $ 285,836 Below-market leases $ 84,947 $ 98,365 Accumulated amortization (45,490) (50,054) Below-market leases, net 39,457 48,311 Above-market ground leases 1,095 1,095 Accumulated amortization (295) (262) Above-market ground leases, net 800 833 INTANGIBLE LIABILITIES, NET $ 40,257 $ 49,144 __________________ 1. During the three and nine months ended September 30, 2021, the Company recognized an impairment loss of $0.4 million related to below-market ground leases at its Del Amo office property. See Note 4 for details. The loss is recorded in impairment loss on the Consolidated Statements of Operations.
Schedule of amortization during period	The Company recognized the following amortization related to deferred leasing costs and intangibles: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Deferred leasing costs and in-place lease intangibles (1) $ (11,540) $ (9,936) $ (34,761) $ (30,800) Below-market ground leases (2) $ (600) $ (598) $ (1,797) $ (1,796) Above-market leases (3) $ (73) $ (120) $ (573) $ (472) Customer relationships (4) $ (809) $ — $ (809) $ — Non-competition agreements (4) $ (114) $ — $ (114) $ — Below-market leases (3) $ 3,096 $ 2,575 $ 8,854 $ 7,935 Above-market ground leases (2) $ 11 $ 11 $ 33 $ 33 __________________ 1. Amortization is recorded in depreciation and amortization expenses and office rental revenues on the Consolidated Statements of Operations. 2. Amortization is recorded in office and studio operating expenses on the Consolidated Statements of Operations. 3. Amortization is recorded in office rental revenues on the Consolidated Statements of Operations.

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets, net (Tables)	9 Months Ended
Prepaid Expenses and Other Assets, net (Tables)	Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Summary of prepaid expenses and other assets, net	The following table summarizes the Company’s prepaid expenses and other assets, net as of: September 30, 2021 December 31, 2020 Deposits and pre-development costs for future acquisitions $ 37,902 $ 28,488 Prepaid insurance 9,459 5,100 Non-real estate investments 24,682 4,088 Stock purchase warrant 1,684 — Deferred financing costs 434 1,216 Prepaid property tax 3,288 2,138 Interest rate cap derivative asset 112 5 Inventory 1,483 — Other 19,649 14,434 PREPAID EXPENSES AND OTHER ASSETS, NET $ 98,693 $ 55,469

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
Goodwill (Tables)	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes changes in the carrying amount of goodwill during the nine months ended September 30, 2021: Balance as of December 31, 2020 $ 8,754 Acquisitions (1) 96,395 Balance as of September 30, 2021 $ 105,149 __________________ 1. The measurement of acquired goodwill is provisional and subject to change upon completion of the final purchase accounting. See Note 3 for details.

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of long-term debt instruments	The following table sets forth information with respect to the Company’s outstanding indebtedness: September 30, 2021 December 31, 2020 Interest Rate (1) Contractual Maturity Date UNSECURED AND SECURED DEBT Unsecured debt Unsecured revolving credit facility (2)(3) $ 300,000 $ — LIBOR + 1.05% to 1.50% 3/13/2022 (4) Series A notes 110,000 110,000 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 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 Total unsecured debt 2,225,000 1,925,000 Secured debt 10950 Washington (5) 25,247 25,717 5.32% 3/11/2022 Hollywood Media Portfolio, net (6)(7) 890,186 792,186 LIBOR + 1.17% 8/9/2023 One Westside and 10850 Pico (8) 220,240 106,073 LIBOR + 1.70% 12/18/2023 (4) Element LA 168,000 168,000 4.59% 11/6/2025 1918 Eighth (9) 314,300 314,300 LIBOR + 1.70% 12/18/2025 Hill7 (10) 101,000 101,000 3.38% 11/6/2028 Total secured debt 1,718,973 1,507,276 Total unsecured and secured debt 3,943,973 3,432,276 Unamortized deferred financing costs and loan discounts/premiums (11) (33,568) (32,784) TOTAL UNSECURED AND SECURED DEBT, NET $ 3,910,405 $ 3,399,492 IN-SUBSTANCE DEFEASED DEBT (12) $ 129,105 $ 131,707 4.47% 10/1/2022 JOINT VENTURE PARTNER DEBT (13) $ 66,136 $ 66,136 4.50% 10/9/2028 _________________ 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 September 30, 2021, which may be different than the interest rates as of December 31, 2020 for corresponding indebtedness. 2. The annual facility fee rate is 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 September 30, 2021, no such election had been made and the unsecured revolving credit facility bore interest at LIBOR + 1.10%. 3. The Company has a total capacity of $600.0 million available under its unsecured revolving credit facility. 4. The maturity date may be extended once for an additional one-year term. 5. Monthly debt service includes debt amortization payments based on a 30-year amortization schedule with a balloon payment at maturity. 6. The Company owns 51% of the ownership interest in the consolidated joint venture that owns the Hollywood Media Portfolio. The joint venture holds a $1.1 billion mortgage loan secured by the Hollywood Media Portfolio, which has an initial term of two years from the first payment date with three one-year extension options, subject to certain requirements. The effective interest rate on the loan is LIBOR + 1.17% until August 9, 2022, at which time the effective interest rate will decrease to LIBOR + 0.99%. The Company purchased bonds comprising the loan in the amount of $209.8 million. 7. The interest rate on a portion of the outstanding loan balance has been effectively fixed through the use of interest rate swaps under the first payments approach. As of September 30, 2021, the LIBOR component of the interest rate was fixed at 1.76% with respect to $350.0 million and 1.43% with respect to $125.0 million of the loan secured by the Hollywood Media Portfolio, respectively. 8. The Company has the ability to draw up to $414.6 million under the construction loan secured by the One Westside and 10850 Pico properties. 9. The Company owns 55% of the ownership interest in the consolidated joint venture that owns the 1918 Eighth property. The full amount of the loan is shown. This loan is interest-only through its term. 10. The Company owns 55% of the ownership interest in the consolidated joint venture that owns the Hill7 property. The full amount of the loan is shown. 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. 11. 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 9 for details. 12. The Company owns 75% of the ownership interest in the joint venture that owns the One Westside and 10850 Pico properties. The full amount of the loan is shown. Monthly debt service includes debt amortization payments based on a 10-year amortization schedule with a balloon payment at maturity.
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 (before the impact of extension options, if applicable) as of September 30, 2021: Year Unsecured and Secured Debt In-substance Defeased Debt Joint Venture Partner Debt Remaining 2021 $ 162 $ 892 $ — 2022 325,085 128,213 — 2023 1,270,426 — — 2024 — — — 2025 741,300 — — Thereafter 1,607,000 — 66,136 TOTAL $ 3,943,973 $ 129,105 $ 66,136
Summary of existing covenants and their covenant levels	The following table summarizes existing covenants and their covenant levels as of September 30, 2021 related to the unsecured revolving credit facility, term loans and note purchase agreements, when considering the most restrictive terms: Covenant Ratio Covenant Level Actual Performance Total liabilities to total asset value ≤ 60% 42.7% Unsecured indebtedness to unencumbered asset value ≤ 60% 41.7% Adjusted EBITDA to fixed charges ≥ 1.5x 3.6x Secured indebtedness to total asset value ≤ 45% 19.4% Unencumbered NOI to unsecured interest expense ≥ 2.0x 3.5x The following table summarizes existing covenants and their covenant levels related to the registered senior notes as of September 30, 2021: Covenant Ratio (1) Covenant Level Actual Performance Debt to total assets ≤ 60% 44.0% Total unencumbered assets to unsecured debt ≥ 150% 268.3% Consolidated income available for debt service to annual debt service charge ≥ 1.5x 4.3x Secured debt to total assets ≤ 45% 19.8% _________________ 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 and 4.65% senior notes.
Schedule of interest expense	The following table represents a reconciliation from gross interest expense to the interest expense on the Consolidated Statements of Operations: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Gross interest expense (1) $ 33,912 $ 32,243 $ 101,341 $ 93,846 Capitalized interest (5,760) (4,519) (17,049) (14,264) Amortization of deferred financing costs and loan discounts/premiums 2,673 2,114 7,508 4,603 INTEREST EXPENSE $ 30,825 $ 29,838 $ 91,800 $ 84,185 _________________ 1. Includes interest on the Company’s debt and hedging activities and term loans.

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
Derivatives (Tables)	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of derivative instruments	The following table summarizes the Company’s derivative instruments as of September 30, 2021 and December 31, 2020: Interest Rate Range (1) Fair Value (Liabilities) Assets Underlying Debt Instrument Number of Derivatives Notional Amount Effective Date Maturity Date Low High September 30, 2021 December 31, 2020 Interest rate swaps Hollywood Media Portfolio (2) 2 $ 350,000 April 2015 April 2022 2.96% 3.46% $ (2,922) $ (7,112) Hollywood Media Portfolio (2) 1 125,000 June 2016 November 2022 2.63% 3.13% (1,827) (2,994) Interest rate cap Strike rate Hollywood Media Portfolio (3) 1 $ 900,000 July 2020 Terminated August 2021 3.50% $ — $ 5 Hollywood Media Portfolio (3) 1 1,100,000 August 2021 August 2023 3.50% $ 112 — TOTAL $ (4,637) $ (10,101) _____________ 1. The rate is based on the fixed rate from the swap and the spread based on the operating partnership’s leverage ratio. 2. The swaps were designated under the first payments approach within hedge accounting, where the Company elected to designate a cash flow (LIBOR-based interest payments) instead of a specific piece of debt. 3. The Hollywood Media Portfolio debt was refinanced during the nine months ended September 30, 2021 with the loan amount being increased to $1.1 billion. Concurrently with the refinance, the interest rate cap associated with the original $900.0 million loan was early-terminated and replaced with an interest rate cap with a notional amount of $1.1 billion and a maturity in August 2023.

U.S. Government Securities (Tab

U.S. Government Securities (Tables)	9 Months Ended
U.S. Government Securities (Tables)	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Summary of the carrying value and the fair value of securities	The following table summarizes the carrying value and fair value of the Company’s securities by the contractual maturity date as of September 30, 2021: Carrying Value Fair Value Due in 1 year $ 130,103 $ 135,205 TOTAL $ 130,103 $ 135,205

Future Minimum Rents and Leas_2

Future Minimum Rents and Lease Payments (Tables)	9 Months Ended
Future Minimum Rents and Lease Payments (Tables)	Sep. 30, 2021
Leases [Abstract]
Schedule of future minimum base rents	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 September 30, 2021: Year Ended Non-cancellable Subject to Early Termination Options Total (1) Remaining 2021 $ 158,243 $ 881 $ 159,124 2022 615,780 11,754 627,534 2023 568,759 11,326 580,085 2024 507,086 15,811 522,897 2025 367,238 51,373 418,611 Thereafter 1,570,644 209,267 1,779,911 TOTAL $ 3,787,750 $ 300,412 $ 4,088,162 _____________ 1. Excludes rents under leases at the Company’s studio properties with terms of one year or less.
Schedule of future minimum lease payments for ground leases	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 September 30, 2021: Year Lease Payments (1) Remaining 2021 $ 5,162 2022 20,656 2023 20,448 2024 20,420 2025 20,437 Thereafter 521,237 Total operating lease payments 608,360 Less: interest portion (328,150) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 280,210 _____________ 1. Future minimum lease payments for operating leases denominated in Canadian dollars are translated to U.S. dollars using the exchange rate in effect as of the financial statement date.
Schedule of rental expense for ground leases	The following table summarizes rental expense for operating leases: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Variable rental expense $ 2,765 $ 2,427 $ 7,873 $ 6,683 Minimum rental expense $ 5,421 $ 4,991 $ 15,963 $ 14,973

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
Fair Value of Financial Instruments (Tables)	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of estimated fair value of derivatives measured by level of fair value hierarchy	The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: September 30, 2021 December 31, 2020 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate cap derivative asset (1) $ — $ 112 $ — $ 112 $ — $ 5 $ — $ 5 Interest rate swap derivative liabilities (2) $ — $ (4,749) $ — $ (4,749) $ — $ (10,106) $ — $ (10,106) Non-real estate investments measured at fair value (1) $ 1,920 $ 1,555 $ — $ 3,475 $ — $ 750 $ — $ 750 Stock purchase warrant (1) $ — $ 1,684 $ — $ 1,684 $ — $ — $ — $ — Earnout liability (2)(3) $ — $ — $ 22,800 $ 22,800 $ — $ — $ — $ — Non-real estate investments measured at NAV (1)(4) $ — $ — $ — $ 21,207 $ — $ — $ — $ 3,338 ___________ 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. Related to the acquisition of Zio. Refer to Note 3 for additional details. 4. 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 carrying value and fair value of notes payable	The table below represents the carrying value and fair value of the Company’s investment in securities and debt as of: September 30, 2021 December 31, 2020 Carrying Value Fair Value Carrying Value Fair Value ASSETS U.S. Government securities $ 130,103 $ 135,205 $ 135,115 $ 140,270 LIABILITIES Unsecured debt (1) $ 2,225,000 $ 2,352,998 $ 1,925,000 $ 2,072,833 Secured debt (1) $ 1,718,973 $ 1,592,605 $ 1,507,276 $ 1,503,960 In-substance defeased debt $ 129,105 $ 129,319 $ 131,707 $ 131,633 Joint venture partner debt $ 66,136 $ 69,771 $ 66,136 $ 68,346 _________________

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
Stock-based Compensation (Tables)	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Schedule of classification and amount recognized for stock-based compensation	The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Expensed stock compensation (1) $ 5,840 $ 4,791 $ 15,718 $ 14,409 Capitalized stock compensation (2) 771 751 2,659 2,317 TOTAL STOCK COMPENSATION (3) $ 6,611 $ 5,542 $ 18,377 $ 16,726 _________________ 1. Amounts are recorded in general and administrative 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)	9 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2021
Earnings Per Share, Basic, by Common Class, Including Two Class Method
Schedule of earnings per share	The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share for net income available to common stockholders: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Numerator: Basic net (loss) income available to common stockholders $ (9,295) $ (5,436) $ (1,998) $ 8,859 Effect of dilutive instruments — — — 92 Diluted net (loss) income available to common stockholders $ (9,295) $ (5,436) $ (1,998) $ 8,951 Denominator: Basic weighted average common shares outstanding 152,320,252 153,196,007 151,443,305 153,643,278 Effect of dilutive instruments (1) — — — 2,387,537 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 152,320,252 153,196,007 151,443,305 156,030,815 Basic earnings per common share $ (0.06) $ (0.04) $ (0.01) $ 0.06 Diluted earnings per common share $ (0.06) $ (0.04) $ (0.01) $ 0.06 ________________ 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 Partners L.P.
Earnings Per Share, Basic, by Common Class, Including Two Class Method
Schedule of earnings per share	The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit for net income available to common unitholders: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Numerator: Basic and diluted net (loss) income available to common unitholders $ (9,380) $ (5,642) $ (2,014) $ 8,489 Denominator: Basic weighted average common units outstanding 153,701,876 154,107,865 152,818,720 154,555,136 Effect of dilutive instruments (1) — — — 867,000 DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING 153,701,876 154,107,865 152,818,720 155,422,136 Basic earnings per common unit $ (0.06) $ (0.04) $ (0.01) $ 0.05 Diluted earnings per common unit $ (0.06) $ (0.04) $ (0.01) $ 0.05 ________________

Redeemable Non-Controlling In_2

Redeemable Non-Controlling Interest (Tables)	9 Months Ended
Redeemable Non-Controlling Interest (Tables)	Sep. 30, 2021
Temporary Equity Disclosure [Abstract]
Schedule of redeemable non-controlling interests	The following table reconciles the beginning and ending balances of redeemable non-controlling interests: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Series A Redeemable Preferred Units Consolidated Real Estate Entities Series A Redeemable Preferred Units Consolidated Entities BEGINNING OF PERIOD $ 9,815 $ 127,445 $ 9,815 $ 127,874 Contributions — 2,719 — 4,262 Distributions — — — (8) Declared dividend (153) — (459) — Net income (loss) 153 (816) 459 (2,780) END OF PERIOD $ 9,815 $ 129,348 $ 9,815 $ 129,348

Equity (Tables)

Equity (Tables)	9 Months Ended
Equity (Tables)	Sep. 30, 2021
Equity [Abstract]
Schedule of other comprehensive loss	The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss (“OCI”): Derivative Instruments Currency Translation Adjustments Total Accumulated Other Comprehensive Loss BALANCE AT DECEMBER 31, 2020 $ (11,378) $ 3,245 $ (8,133) Unrealized losses recognized in OCI (374) (1,567) (1,941) Reclassification adjustment for realized gains (1) 5,626 — 5,626 Net change in OCI 5,252 (1,567) 3,685 BALANCE AT SEPTEMBER 30, 2021 $ (6,126) $ 1,678 $ (4,448) _____________ 1. The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations. The table below presents the activity related to Hudson Pacific Properties, L.P.’s OCI: Derivative Instruments Currency Translation Adjustments Total Accumulated Other Comprehensive Loss BALANCE AT DECEMBER 31, 2020 $ (11,485) $ 3,239 $ (8,246) Unrealized losses recognized in OCI (379) (1,588) (1,967) Reclassification adjustment for realized gains (1) 5,702 — 5,702 Net change in OCI 5,323 (1,588) 3,735 BALANCE AT SEPTEMBER 30, 2021 $ (6,162) $ 1,651 $ (4,511) _____________ 1. The gains and losses on the operating partnership’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations.
Schedule of ownership interest in operating partnership	The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of: September 30, 2021 December 31, 2020 Company-owned common units in the operating partnership 152,320,252 151,401,365 Company’s ownership interest percentage 99.1 % 99.1 % Non-controlling units in the operating partnership (1) 1,381,624 1,321,083 Non-controlling ownership interest percentage 0.9 % 0.9 % _________________ 1. Represents common units held by certain of the Company’s executive officers, directors and outside investors. As of September 30, 2021, this amount represents both common units and performance units in the amount of 550,969 and 830,655, respectively. As of December 31, 2020, this amount represents both common units and performance units in the amount of 550,969 and 770,114, respectively.
Schedule of dividends payable	The following table summarizes dividends declared and paid for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Common stock $ 0.25 $ 0.25 $ 0.75 $ 0.75 Common units $ 0.25 $ 0.25 $ 0.75 $ 0.75 Series A preferred units $ 0.3906 $ 0.3906 $ 1.1718 $ 1.1718 Performance units $ 0.25 $ 0.25 $ 0.75 $ 0.75 Payment date September 30, 2021 September 28, 2020 N/A N/A Record date September 20, 2021 September 18, 2020 N/A N/A

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
Segment Reporting (Tables)	Sep. 30, 2021
Segment Reporting [Abstract]
Schedule of operating activity for reporting units	The table below presents the operating activity of the Company’s reportable segments: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Office segment Office revenues $ 201,866 $ 180,716 $ 589,712 $ 551,451 Office expenses (71,865) (66,075) (207,538) (194,546) Office segment profit 130,001 114,641 382,174 356,905 Studio segment Studio revenues 25,766 15,569 66,641 49,671 Studio expenses (12,044) (9,034) (35,963) (27,635) Studio segment profit 13,722 6,535 30,678 22,036 TOTAL SEGMENT PROFIT $ 143,723 $ 121,176 $ 412,852 $ 378,941 Segment revenues $ 227,632 $ 196,285 $ 656,353 $ 601,122 Segment expenses (83,909) (75,109) (243,501) (222,181) TOTAL SEGMENT PROFIT $ 143,723 $ 121,176 $ 412,852 $ 378,941 The table below is a reconciliation of the total profit from all segments to net income attributable to common stockholders: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 NET (LOSS) INCOME $ (6,182) $ (1,362) $ 12,259 $ 19,598 General and administrative 18,288 17,428 53,846 53,943 Depreciation and amortization 88,568 75,052 255,507 222,331 (Income) loss from unconsolidated real estate entities (566) 105 (1,671) (69) Fee income (678) (575) (2,323) (1,741) Interest expense 30,825 29,838 91,800 84,185 Interest income (934) (1,056) (2,868) (3,129) Management services reimbursement income—unconsolidated real estate entities (253) — (879) — Management services expense—unconsolidated real estate entities 253 — 879 — Transaction-related expenses 6,300 181 7,364 440 Unrealized (gain) loss on non-real estate investments (827) (513) (11,620) 2,335 Impairment loss 2,762 — 2,762 — Loss on extinguishment of debt 6,249 2,654 6,249 2,654 Other (income) expense (82) (576) 1,547 (1,606) TOTAL PROFIT FROM ALL SEGMENTS $ 143,723 $ 121,176 $ 412,852 $ 378,941

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
Supplemental Cash Flow Information (Tables)	Sep. 30, 2021
Cash and Cash Equivalents [Abstract]
Schedule of cash flow, supplemental information	Supplemental cash flow information for Hudson Pacific Properties, Inc. is included as follows: Nine Months Ended September 30, 2021 2020 Cash paid for interest, net of capitalized interest $ 74,381 $ 65,908 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 136,661 $ 132,836 Lease liabilities recorded in connection with right-of-use assets $ 13,881 $ — Earnout liability recognized as contingent consideration for business combination $ 22,800 $ — Accrued liability for common stock repurchases settled after quarter-end $ — $ 8,468 Supplemental cash flow information for Hudson Pacific Properties, L.P. is included as follows: Nine Months Ended September 30, 2021 2020 Cash paid for interest, net of capitalized interest $ 74,381 $ 65,908 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 136,661 $ 132,836 Lease liabilities recorded in connection with right-of-use assets $ 13,881 $ — Earnout liability recognized as contingent consideration for business combination $ 22,800 $ — Accrued liability for common unit repurchases settled after quarter-end $ — $ 8,468
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 for Hudson Pacific Properties, Inc: Nine Months Ended September 30, 2021 2020 BEGINNING OF PERIOD Cash and cash equivalents $ 113,686 $ 46,224 Restricted cash 35,854 12,034 TOTAL $ 149,540 $ 58,258 END OF PERIOD Cash and cash equivalents $ 110,500 $ 365,294 Restricted cash 109,737 38,979 TOTAL $ 220,237 $ 404,273 The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented for Hudson Pacific Properties, L.P.: Nine Months Ended September 30, 2021 2020 BEGINNING OF PERIOD Cash and cash equivalents $ 113,686 $ 46,224 Restricted cash 35,854 12,034 TOTAL $ 149,540 $ 58,258 END OF PERIOD Cash and cash equivalents $ 110,500 $ 365,294 Restricted cash 109,737 38,979 TOTAL $ 220,237 $ 404,273
Schedule of restrictions on 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 for Hudson Pacific Properties, Inc: Nine Months Ended September 30, 2021 2020 BEGINNING OF PERIOD Cash and cash equivalents $ 113,686 $ 46,224 Restricted cash 35,854 12,034 TOTAL $ 149,540 $ 58,258 END OF PERIOD Cash and cash equivalents $ 110,500 $ 365,294 Restricted cash 109,737 38,979 TOTAL $ 220,237 $ 404,273 The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented for Hudson Pacific Properties, L.P.: Nine Months Ended September 30, 2021 2020 BEGINNING OF PERIOD Cash and cash equivalents $ 113,686 $ 46,224 Restricted cash 35,854 12,034 TOTAL $ 149,540 $ 58,258 END OF PERIOD Cash and cash equivalents $ 110,500 $ 365,294 Restricted cash 109,737 38,979 TOTAL $ 220,237 $ 404,273

Organization (Details)

Organization (Details)	Sep. 30, 2021ft²property	Jul. 29, 2021	Dec. 24, 2020	Jun. 05, 2019
Real Estate Properties
Number of real estate properties (in properties) \| property	65
Area of real estate property (in square feet) \| ft²	19,991,661
Consolidated portfolio
Real Estate Properties
Number of real estate properties (in properties) \| property	61
Area of real estate property (in square feet) \| ft²	17,804,923
Consolidated portfolio \| Office
Real Estate Properties
Number of real estate properties (in properties) \| property	52
Area of real estate property (in square feet) \| ft²	14,076,114
Consolidated portfolio \| Studios
Real Estate Properties
Number of real estate properties (in properties) \| property	3
Area of real estate property (in square feet) \| ft²	1,224,403
Consolidated portfolio \| Land
Real Estate Properties
Number of real estate properties (in properties) \| property	6
Area of real estate property (in square feet) \| ft²	2,504,406
Unconsolidated portfolio
Real Estate Properties
Number of real estate properties (in properties) \| property	4
Area of real estate property (in square feet) \| ft²	2,186,738
Unconsolidated portfolio \| Joint Venture, Bentall Centre
Real Estate Properties
Ownership interest (percent)	20.00%			20.00%
Unconsolidated portfolio \| Joint Venture Sunset Glenoaks Studios Property
Real Estate Properties
Ownership interest (percent)	50.00%		50.00%
Unconsolidated portfolio \| Joint Venture Waltham Cross Studios
Real Estate Properties
Ownership interest (percent)	35.00%	35.00%
Unconsolidated portfolio \| Office
Real Estate Properties
Number of real estate properties (in properties) \| property	1
Area of real estate property (in square feet) \| ft²	1,495,738
Unconsolidated portfolio \| Land
Real Estate Properties
Number of real estate properties (in properties) \| property	3
Area of real estate property (in square feet) \| ft²	691,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narratives (Details) $ in Thousands	Dec. 18, 2020	Jul. 30, 2020	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)jointVenture	Sep. 30, 2020USD ($)	Jul. 29, 2021	Dec. 31, 2020USD ($)	Dec. 24, 2020	Jun. 05, 2019
Variable Interest Entity
Goodwill			$ 105,149		$ 105,149			$ 8,754
Non-real estate property, plant and equipment, net			60,318		60,318			8,444
Prepaid expenses and other assets, net			98,693		98,693			55,469
Loss on extinguishment of debt			6,249	$ 2,654	6,249	$ 2,654
Interest expense			$ 30,825	29,838	$ 91,800	84,185
Weighted average incremental borrowing rate			5.60%		5.60%
Weighted average remaining lease term (in years)			29 years		29 years
Scenario, Adjustment
Variable Interest Entity
Goodwill								8,800
Loss on extinguishment of debt				2,700		2,700
Interest expense				$ (2,700)		$ (2,700)
Scenario, Adjustment \| Goodwill
Variable Interest Entity
Prepaid expenses and other assets, net								(8,800)
Scenario, Adjustment \| Non-real estate property, plant and equipment
Variable Interest Entity
Non-real estate property, plant and equipment, net								8,400
Prepaid expenses and other assets, net								$ (8,400)
Minimum
Variable Interest Entity
Finite-lived intangible assets useful life (years)					5 years
Maximum
Variable Interest Entity
Finite-lived intangible assets useful life (years)					7 years
Hollywood Media Portfolio
Variable Interest Entity
VIE, ownership Interest					51.00%
Hollywood Media Portfolio \| Disposed of by Sale
Variable Interest Entity
VIE, ownership Interest		49.00%
VIE, primary beneficiary
Variable Interest Entity
Number of joint ventures meeting VIE definition \| jointVenture					17
Number of joint ventures consolidated \| jointVenture					12
VIE, primary beneficiary \| 1918 Eighth
Variable Interest Entity
VIE, ownership Interest	55.00%				55.00%
VIE, not primary beneficiary
Variable Interest Entity
Number of joint ventures not consolidated \| jointVenture					5
VIE, not primary beneficiary \| Joint Venture Waltham Cross Studios
Variable Interest Entity
Ownership interest (percent)			35.00%		35.00%		35.00%
VIE, not primary beneficiary \| Joint Venture Sunset Glenoaks Studios Property
Variable Interest Entity
Ownership interest (percent)			50.00%		50.00%				50.00%
VIE, not primary beneficiary \| Joint Venture, Bentall Centre
Variable Interest Entity
Ownership interest (percent)			20.00%		20.00%					20.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Consolidated Joint Ventures (Details) - VIE, primary beneficiary	Dec. 18, 2020	Sep. 30, 2021
1455 Market
Variable Interest Entity
VIE, ownership Interest		55.00%
Hill7
Variable Interest Entity
VIE, ownership Interest		55.00%
One Westside and 10850 Pico
Variable Interest Entity
VIE, ownership Interest		75.00%
Ferry Building
Variable Interest Entity
VIE, ownership Interest		55.00%
Sunset Bronson Studios, ICON, CUE
Variable Interest Entity
VIE, ownership Interest		51.00%
Sunset Gower Studios
Variable Interest Entity
VIE, ownership Interest		51.00%
Sunset Las Palmas Studios, Harlow
Variable Interest Entity
VIE, ownership Interest		51.00%
Sunset Services Holdings, LLC
Variable Interest Entity
VIE, ownership Interest		51.00%
EPIC
Variable Interest Entity
VIE, ownership Interest		51.00%
None (Hudson Media and Entertainment Management)
Variable Interest Entity
VIE, ownership Interest		51.00%
6040 Sunset
Variable Interest Entity
VIE, ownership Interest		51.00%
1918 Eighth
Variable Interest Entity
VIE, ownership Interest	55.00%	55.00%
Sunset Bronson Services, LLC, Sunset Gower Services, LLC and Sunset Las Palmas Services, LLC \| Sunset Services Holdings, LLC
Variable Interest Entity
VIE, ownership Interest		100.00%

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Revenue Streams (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Disaggregation of Revenue
Management fee income	$ 678	$ 575	$ 2,323	$ 1,741
Management services reimbursement income	253	0	879	0
Hudson Pacific Partners L.P.
Disaggregation of Revenue
Management fee income	678	575	2,323	1,741
Management services reimbursement income	253	0	879	0
Ancillary revenues
Disaggregation of Revenue
Service and other revenues	12,224	3,130	26,857	10,542
Receivables	8,438		8,438		$ 1,700
Other revenues
Disaggregation of Revenue
Service and other revenues	4,281	2,832	11,246	12,624
Receivables	1,187		1,187		$ 1,058
Studio-related tenant recoveries
Disaggregation of Revenue
Service and other revenues	$ 418	$ 343	$ 1,424	$ 1,166

Business Combinations (Details)

Business Combinations (Details) - USD ($)	Aug. 31, 2021	Aug. 16, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Business Combination
Goodwill			$ 105,149,000		$ 105,149,000		$ 8,754,000
Transaction-related expenses			$ 6,300,000	$ 181,000	7,364,000	$ 440,000
Zio
Business Combination
Business acquisition, equity and voting interests acquired		100.00%
Contingent consideration		$ 22,800,000
Intangible assets		41,670,000
Finite-lived intangible assets acquired		$ 33,200,000
Weighted-average amortization period (in years)		7 years
Goodwill		$ 70,483,000
Accounts receivable		3,056,000
Transaction-related expenses					3,400,000
Zio \| High
Business Combination
Contingent consideration		35,000,000
Zio \| Trademarks
Business Combination
Finite-lived intangible assets acquired		8,500,000
Zio \| Customer Relationships
Business Combination
Finite-lived intangible assets acquired		$ 30,000,000
Weighted-average amortization period (in years)		7 years
Zio \| Non-Compete Agreements
Business Combination
Finite-lived intangible assets acquired		$ 3,000,000
Weighted-average amortization period (in years)		5 years
Star Waggons
Business Combination
Business acquisition, equity and voting interests acquired	100.00%
Contingent consideration	$ 0
Intangible assets	33,480,000
Finite-lived intangible assets acquired	$ 24,900,000
Weighted-average amortization period (in years)	7 years
Goodwill	$ 25,911,000
Accounts receivable	4,185,000
Transaction-related expenses					2,400,000
Star Waggons \| Studio segment
Business Combination
Change in goodwill					$ 0
Star Waggons \| Trademarks
Business Combination
Finite-lived intangible assets acquired	8,600,000
Star Waggons \| Customer Relationships
Business Combination
Finite-lived intangible assets acquired	$ 22,500,000
Weighted-average amortization period (in years)	7 years
Star Waggons \| Non-Compete Agreements
Business Combination
Finite-lived intangible assets acquired	$ 2,300,000
Weighted-average amortization period (in years)	5 years

Business Combinations - Conside

Business Combinations - Consideration Transferred (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 16, 2021	Sep. 30, 2021	Sep. 30, 2020
Business Combination
Acquisitions of businesses			$ 209,854	$ 0
Zio
Business Combination
Acquisitions of businesses		$ 117,198
Contingent consideration		22,800
Total consideration		$ 139,998
Star Waggons
Business Combination
Acquisitions of businesses	$ 92,656
Contingent consideration	0
Total consideration	$ 92,656

Business Combinations - Fair Va

Business Combinations - Fair Value Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Aug. 31, 2021	Aug. 16, 2021	Dec. 31, 2020
Business Combination
Goodwill	$ 105,149			$ 8,754
Zio
Business Combination
Cash and cash equivalents			$ 1,084
Accounts receivable			3,056
Prepaid expenses and other assets			1,509
Non-real estate property, plant and equipment			23,399
Intangible assets			41,670
Total assets acquired			70,718
Accounts payable, accrued liabilities and other			1,203
Intangible liabilities			0
Total liabilities assumed			1,203
Net identifiable assets acquired			69,515
Goodwill			70,483
NET ASSETS ACQUIRED			$ 139,998
Star Waggons
Business Combination
Cash and cash equivalents		$ 300
Accounts receivable		4,185
Prepaid expenses and other assets		1,605
Non-real estate property, plant and equipment		28,679
Intangible assets		33,480
Total assets acquired		68,249
Accounts payable, accrued liabilities and other		1,394
Intangible liabilities		110
Total liabilities assumed		1,504
Net identifiable assets acquired		66,745
Goodwill		25,911
NET ASSETS ACQUIRED		$ 92,656

Business Combinations - Pro For

Business Combinations - Pro Forma (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Zio
Business Combination
Revenue	$ 4,187	$ 4,187
Net income	1,286	1,286
Star Waggons
Business Combination
Revenue	2,828	2,828
Net income	$ 1,013	$ 1,013

Investment in Real Estate (Deta

Investment in Real Estate (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Real Estate [Abstract]
Land	$ 1,351,888	$ 1,351,888
Building and improvements	6,008,111	5,840,819
Tenant improvements	751,657	728,111
Furniture and fixtures	14,029	12,250
Property under development	320,806	281,949
INVESTMENT IN REAL ESTATE, AT COST	$ 8,446,491	$ 8,215,017

Investment in Real Estate - Nar

Investment in Real Estate - Narrative (Details)	3 Months Ended		9 Months Ended
Investment in Real Estate - Narrative (Details)	Sep. 30, 2021USD ($)property	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)property	Sep. 30, 2020USD ($)
Real Estate [Abstract]
Number of properties acquired \| property			0
Number of dispositions \| property			0
Number of real-estate properties classified as held-for-sale \| property	0		0
Real Estate
Impairment loss \| $	$ 2,762,000	$ 0	$ 2,762,000	$ 0
Del Amo Office
Real Estate
Impairment loss \| $			2,800,000
Investment in real estate, fair value \| $	$ 17,400,000		$ 17,400,000

Non-Real Estate Property, Pla_3

Non-Real Estate Property, Plant and Equipment, net (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment, Net
Property, Plant and Equipment, Other, Gross	$ 71,592	$ 17,377
Accumulated depreciation	(11,274)	(8,933)
Non-real estate property, plant and equipment, net	$ 60,318	8,444
High
Property, Plant and Equipment, Net
Property, Plant and Equipment, Useful Life	20 years
Low
Property, Plant and Equipment, Net
Property, Plant and Equipment, Useful Life	5 years
Trailers
Property, Plant and Equipment, Net
Property, Plant and Equipment, Other, Gross	$ 37,250	0
Leasehold improvements
Property, Plant and Equipment, Net
Property, Plant and Equipment, Other, Gross	14,713	14,046
Trucks and other vehicles
Property, Plant and Equipment, Net
Property, Plant and Equipment, Other, Gross	11,380	0
Furniture, fixtures and equipment
Property, Plant and Equipment, Net
Property, Plant and Equipment, Other, Gross	4,196	3,331
Other equipment
Property, Plant and Equipment, Net
Property, Plant and Equipment, Other, Gross	$ 4,053	$ 0

Investment in Unconsolidated _3

Investment in Unconsolidated Real Estate Entities - Narrative (Details) - VIE, not primary beneficiary - USD ($) $ in Millions	Sep. 30, 2021	Jul. 29, 2021	Dec. 24, 2020	Jun. 05, 2019
Joint Venture Waltham Cross Studios
Schedule of Equity Method Investments
Ownership interest (percent)	35.00%	35.00%
Joint Venture, Bentall Centre
Schedule of Equity Method Investments
Ownership interest (percent)	20.00%			20.00%
Joint Venture, Bentall Centre \| Financial guarantee
Schedule of Equity Method Investments
Maximum exposure for guarantee	$ 102.7
Joint Venture Sunset Glenoaks Studios Property
Schedule of Equity Method Investments
Ownership interest (percent)	50.00%		50.00%

Investment in Unconsolidated _4

Investment in Unconsolidated Real Estate Entities - Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Investment in real estate, net	$ 7,161,354		$ 7,112,269
TOTAL ASSETS	8,803,997		8,350,202
LIABILITIES
TOTAL LIABILITIES	4,812,454		4,244,533
TOTAL CAPITAL	3,852,380	$ 3,945,806	3,967,980	$ 3,898,292	$ 3,601,631	$ 3,709,362
TOTAL LIABILITIES AND CAPITAL	8,803,997		8,350,202
Equity method investment, nonconsolidated investee or group of investees
ASSETS
Investment in real estate, net	1,035,033		855,639
Other assets	66,085		51,118
TOTAL ASSETS	1,101,118		906,757
LIABILITIES
Secured debt, net	510,355		495,771
Other liabilities	41,397		52,828
TOTAL LIABILITIES	551,752		548,599
Company's capital	148,742		80,778
Total Hudson Pacific Properties, L.P. partners’ capital	400,624		277,380
TOTAL CAPITAL	549,366		358,158
TOTAL LIABILITIES AND CAPITAL	$ 1,101,118		$ 906,757

Investment in Unconsolidated _5

Investment in Unconsolidated Real Estate Entities - Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Equity Method Investment, Summarized Financial Information, Income Statement
TOTAL REVENUES	$ 227,632	$ 196,285	$ 656,353	$ 601,122
Net (loss) income	(6,182)	(1,362)	12,259	19,598
Equity method investment, nonconsolidated investee or group of investees
Equity Method Investment, Summarized Financial Information, Income Statement
TOTAL REVENUES	20,694	25,551	60,121	77,229
TOTAL EXPENSES	17,893	26,081	51,865	76,892
Net (loss) income	$ 2,801	$ (530)	$ 8,256	$ 337

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	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	$ 335,619	$ 335,619	$ 285,836
Below and above market ground leases, net	40,257	40,257	49,144
Below-market leases
Finite-Lived Intangible Assets
Below and above market ground leases	84,947	84,947	98,365
Below and above market ground leases, accumulated amortization	(45,490)	(45,490)	(50,054)
Below and above market ground leases, net	39,457	39,457	48,311
Above-market ground leases
Finite-Lived Intangible Assets
Below and above market ground leases	1,095	1,095	1,095
Below and above market ground leases, accumulated amortization	(295)	(295)	(262)
Below and above market ground leases, net	800	800	833
Deferred leasing costs and in-place lease intangibles
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, GROSS	347,164	347,164	352,903
Accumulated amortization	(142,957)	(142,957)	(127,180)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	204,207	204,207	225,723
Below-market ground leases
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, GROSS	72,469	72,469	72,916
Accumulated amortization	(15,628)	(15,628)	(13,831)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	56,841	56,841	59,085
Impairment	400	400
Above-market leases
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, GROSS	2,124	2,124	2,802
Accumulated amortization	(1,530)	(1,530)	(1,774)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	594	594	1,028
Customer relationships
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, GROSS	52,500	52,500	0
Accumulated amortization	(809)	(809)	0
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	51,691	51,691	0
Noncompete agreements
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, GROSS	5,300	5,300	0
Accumulated amortization	(114)	(114)	0
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	5,186	5,186	0
Trade name
Finite-Lived Intangible Assets
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	$ 17,100	$ 17,100	$ 0

Deferred Leasing Costs and In_4

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net - Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net			$ 8,281	$ 7,457
Customer Relationships
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	$ (809)	$ 0	(809)	0
Noncompete agreements
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(114)	0	(114)	0
Below-market leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	3,096	2,575	8,854	7,935
Above Market Ground Leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	11	11	33	33
Leasing costs and in place lease intangibles
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(11,540)	(9,936)	(34,761)	(30,800)
Below-market ground leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(600)	(598)	(1,797)	(1,796)
Above-market leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	$ (73)	$ (120)	$ (573)	$ (472)

Receivables (Details)

Receivables (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Receivables [Abstract]
Accounts receivable	$ 24,900,000	$ 22,100,000
Accounts receivable, allowance for doubtful accounts	200,000	0
Straight-line rent receivables, gross	241,300,000	226,000,000
Allowance for straight-line rent receivables	$ 31,000	$ 300,000

Prepaid Expenses and Other As_3

Prepaid Expenses and Other Assets, net - Summarizes of prepaid expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deposits and pre-development costs for future acquisitions	$ 37,902	$ 28,488
Prepaid insurance	9,459	5,100
Non-real estate investments	24,682	4,088
Stock purchase warrant	1,684	0
Deferred financing costs	434	1,216
Prepaid property tax	3,288	2,138
Interest rate cap derivative asset	112	5
Inventory	1,483	0
Other	19,649	14,434
PREPAID EXPENSES AND OTHER ASSETS, NET	$ 98,693	$ 55,469

Prepaid Expenses and Other As_4

Prepaid Expenses and Other Assets, net - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Investment Holdings
Unrealized gain (loss) on non-real estate investments	$ 827,000	$ 513,000	$ 11,620,000	$ (2,335,000)
Gain (loss) recognized on stock purchase warrant	(200,000)	0	1,700,000	0
Non Real Estate Investment That Does Not Report NAV
Investment Holdings
Unrealized gain (loss) on non-real estate investments	$ 1,000,000	$ 500,000	$ 9,900,000	$ (2,300,000)

Goodwill (Details)

Goodwill (Details) $ in Thousands	9 Months Ended
Goodwill (Details) $ in Thousands	Sep. 30, 2021USD ($)
Goodwill
Beginning balance	$ 8,754
Acquisitions	96,395
Ending balance	$ 105,149

Goodwill - Narrative (Details)

Goodwill - Narrative (Details) - USD ($)	3 Months Ended	9 Months Ended
Goodwill - Narrative (Details) - USD ($)	Sep. 30, 2021	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment	$ 0	$ 0

Debt - Summary of Outstanding I

Debt - Summary of Outstanding Indebtedness (Details)	Aug. 09, 2022	Aug. 31, 2021USD ($)	Aug. 30, 2021USD ($)	Aug. 31, 2021USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)extension	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Debt Instrument
Duration used in interest rate calculation (in days)							360 days
Loss on extinguishment of debt					$ (6,249,000)	$ (2,654,000)	$ (6,249,000)	$ (2,654,000)
Hollywood Media Portfolio
Debt Instrument
VIE, ownership Interest							51.00%
1918 Eighth
Debt Instrument
VIE, ownership Interest							55.00%
Hill7
Debt Instrument
VIE, ownership Interest							55.00%
One Westside and 10850 Pico \| VIE, primary beneficiary
Debt Instrument
VIE, ownership Interest							75.00%
Interest rate swaps \| Designated as hedging Instrument
Debt Instrument
Notional amount					475,000,000		$ 475,000,000		$ 475,000,000
Hollywood Media Portfolio, net \| Interest rate swaps \| Designated as hedging Instrument
Debt Instrument
Notional amount					350,000,000		350,000,000
Hollywood Media Portfolio B \| Interest rate swaps \| Designated as hedging Instrument
Debt Instrument
Notional amount					$ 350,000,000		$ 350,000,000
Hollywood Media Portfolio B \| LIBOR \| Interest rate swaps \| Designated as hedging Instrument
Debt Instrument
Derivative, basis spread on variable rate					1.76%		1.76%
Hollywood Media Portfolio D \| Interest rate swaps \| Designated as hedging Instrument
Debt Instrument
Notional amount					$ 125,000,000		$ 125,000,000
Hollywood Media Portfolio D \| LIBOR \| Interest rate swaps \| Designated as hedging Instrument
Debt Instrument
Derivative, basis spread on variable rate					1.43%		1.43%
Unsecured and Secured Debt
Debt Instrument
Debt					$ 3,943,973,000		$ 3,943,973,000		3,432,276,000
Unamortized deferred financing costs and loan discounts/premium					(33,568,000)		(33,568,000)		(32,784,000)
TOTAL UNSECURED AND SECURED DEBT, NET					3,910,405,000		3,910,405,000		3,399,492,000
Unsecured debt
Debt Instrument
Debt					2,225,000,000		2,225,000,000		1,925,000,000
Unsecured debt \| Series A notes
Debt Instrument
Debt					$ 110,000,000		$ 110,000,000		110,000,000
Interest rate					4.34%		4.34%
Unsecured debt \| Series B notes
Debt Instrument
Debt					$ 259,000,000		$ 259,000,000		259,000,000
Interest rate					4.69%		4.69%
Unsecured debt \| Series C notes
Debt Instrument
Debt					$ 56,000,000		$ 56,000,000		56,000,000
Interest rate					4.79%		4.79%
Unsecured debt \| Series D notes
Debt Instrument
Debt					$ 150,000,000		$ 150,000,000		150,000,000
Interest rate					3.98%		3.98%
Unsecured debt \| Series E notes
Debt Instrument
Debt					$ 50,000,000		$ 50,000,000		50,000,000
Interest rate					3.66%		3.66%
Unsecured debt \| 3.95% Registered senior notes
Debt Instrument
Debt					$ 400,000,000		$ 400,000,000		400,000,000
Interest rate					3.95%		3.95%
Unsecured debt \| 4.65% Registered senior notes
Debt Instrument
Debt					$ 500,000,000		$ 500,000,000		500,000,000
Interest rate					4.65%		4.65%
Unsecured debt \| 3.25% Registered senior notes
Debt Instrument
Debt					$ 400,000,000		$ 400,000,000		400,000,000
Interest rate					3.25%		3.25%
Unsecured debt \| Revolving credit facility
Debt Instrument
Debt					$ 300,000,000		$ 300,000,000		0
Total borrowing capacity					600,000,000		$ 600,000,000
Extension term (in years)							1 year
Unsecured debt \| Revolving credit facility \| Low
Debt Instrument
Annual facility fee rate							0.15%
Unsecured debt \| Revolving credit facility \| High
Debt Instrument
Annual facility fee rate							0.30%
Unsecured debt \| Revolving credit facility \| LIBOR
Debt Instrument
Basis spread on variable rate							1.10%
Unsecured debt \| Revolving credit facility \| LIBOR \| Low
Debt Instrument
Basis spread on variable rate							1.05%
Unsecured debt \| Revolving credit facility \| LIBOR \| High
Debt Instrument
Basis spread on variable rate							1.50%
Secured debt
Debt Instrument
Debt					1,718,973,000		$ 1,718,973,000		1,507,276,000
Secured debt \| Hollywood Media Portfolio, net
Debt Instrument
Debt					890,186,000		$ 890,186,000		792,186,000
Basis spread on variable rate		1.17%	2.15%
Extension term (in years)							1 year
Face amount		$ 1,100,000,000	$ 900,000,000	$ 1,100,000,000	1,100,000,000		$ 1,100,000,000
Debt instrument, term (in years)							2 years
Debt instrument, number of extension options \| extension							3
Payments to acquire bonds		$ 209,800,000
Loss on extinguishment of debt				$ (6,200,000)
Secured debt \| Hollywood Media Portfolio, net \| LIBOR
Debt Instrument
Basis spread on variable rate							1.17%
Secured debt \| Hollywood Media Portfolio, net \| LIBOR \| Forecast \| Subsequent event
Debt Instrument
Basis spread on variable rate	0.99%
Secured debt \| 10950 Washington
Debt Instrument
Debt					$ 25,247,000		$ 25,247,000		25,717,000
Interest rate					5.32%		5.32%
Service payment term (in years)							30 years
Secured debt \| One Westside and 10850 Pico
Debt Instrument
Debt					$ 220,240,000		$ 220,240,000		106,073,000
Face amount					414,600,000		$ 414,600,000
Secured debt \| One Westside and 10850 Pico \| LIBOR
Debt Instrument
Basis spread on variable rate							1.70%
Secured debt \| Element LA
Debt Instrument
Debt					$ 168,000,000		$ 168,000,000		168,000,000
Interest rate					4.59%		4.59%
Secured debt \| 1918 Eighth
Debt Instrument
Debt					$ 314,300,000		$ 314,300,000		314,300,000
Secured debt \| 1918 Eighth \| LIBOR
Debt Instrument
Basis spread on variable rate							1.70%
Secured debt \| Hill7
Debt Instrument
Debt					$ 101,000,000		$ 101,000,000		101,000,000
Interest rate					3.38%		3.38%
In-substance defeased debt
Debt Instrument
Debt					$ 129,105,000		$ 129,105,000		131,707,000
TOTAL UNSECURED AND SECURED DEBT, NET					$ 129,105,000		$ 129,105,000		131,707,000
Interest rate					4.47%		4.47%
Service payment term (in years)							10 years
Joint venture partner debt
Debt Instrument
Debt					$ 66,136,000		$ 66,136,000		66,136,000
TOTAL UNSECURED AND SECURED DEBT, NET					$ 66,136,000		$ 66,136,000		$ 66,136,000
Interest rate					4.50%		4.50%
Debt instrument, number of extension options \| extension							2
Debt Instrument, first renewal term (in years)							2 years
Debt Instrument, second renewal term (in years)							2 years

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	Aug. 31, 2021	Aug. 30, 2021	Aug. 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Debt Instrument
Loss on extinguishment of debt				$ (6,249,000)	$ (2,654,000)	$ (6,249,000)	$ (2,654,000)
Secured debt
Debt Instrument
Long-term debt, gross				(1,718,973,000)		(1,718,973,000)		$ (1,507,276,000)
Hollywood Media Portfolio, net \| Secured debt
Debt Instrument
Long-term debt, gross				(890,186,000)		(890,186,000)		$ (792,186,000)
Face amount	$ 1,100,000,000	$ 900,000,000	$ 1,100,000,000	$ 1,100,000,000		1,100,000,000
Basis spread on variable rate	1.17%	2.15%
Payments to acquire bonds	$ 209,800,000
Loss on extinguishment of debt			$ (6,200,000)
Acquired Hollywood Media Portfolio debt \| Secured debt
Debt Instrument
Proceeds from the redemption of bonds	$ 107,800,000
Revolving credit facility
Debt Instrument
Increase in borrowings, net of draws						$ 300,000,000

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Unsecured and Secured Debt
Debt Instrument
Remaining 2021	$ 162
2022	325,085
2023	1,270,426
2024	0
2025	741,300
Thereafter	1,607,000
Total	3,943,973	$ 3,432,276
In-substance defeased debt
Debt Instrument
Remaining 2021	892
2022	128,213
2023	0
2024	0
2025	0
Thereafter	0
Total	129,105	131,707
Joint venture partner debt
Debt Instrument
Remaining 2021	0
2022	0
2023	0
2024	0
2025	0
Thereafter	66,136
Total	$ 66,136	$ 66,136

Debt - Covenant Summaries (Deta

Debt - Covenant Summaries (Details)	9 Months Ended
Debt - Covenant Summaries (Details)	Sep. 30, 2021
Debt Instrument
Total liabilities to total asset value	60.00%
Total liabilities to total asset value, actual	42.70%
Unsecured indebtedness to unencumbered asset value	60.00%
Unsecured indebtedness to unencumbered asset value, actual	41.70%
Adjusted EBITDA to fixed charges	1.5
Adjusted EBITDA to fixed charges, actual	3.6
Secured indebtedness to total asset value	45.00%
Secured indebtedness to total asset value, actual	19.40%
Unencumbered NOI to unsecured interest expense	2
Unencumbered NOI to unsecured interest expense, actual	3.5
Debt to total assets	60.00%
Debt to total assets, actual	44.00%
Total unencumbered assets to unsecured debt	150.00%
Total unencumbered assets to unsecured debt, actual	268.30%
Consolidated income available for debt service to annual debt service charge	1.5
Consolidated income available for debt service to annual debt service charge, actual	4.3
Secured debt to total assets	45.00%
Secured debt to total assets, actual	19.80%
Unsecured debt \| 3.25% Registered senior notes
Debt Instrument
Interest rate	3.25%
Unsecured debt \| 3.95% Registered senior notes
Debt Instrument
Interest rate	3.95%
Unsecured debt \| 4.65% Registered senior notes
Debt Instrument
Interest rate	4.65%

Debt - Interest Expense (Detail

Debt - Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Debt - Interest Expense (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Debt Disclosure [Abstract]
Gross interest expense	$ 33,912	$ 32,243	$ 101,341	$ 93,846
Capitalized interest	(5,760)	(4,519)	(17,049)	(14,264)
Amortization of deferred financing costs and loan discounts/premiums	2,673	2,114	7,508	4,603
INTEREST EXPENSE	$ 30,825	$ 29,838	$ 91,800	$ 84,185

Derivatives (Details)

Derivatives (Details)	9 Months Ended
Derivatives (Details)	Sep. 30, 2021USD ($)instrumentderivative	Aug. 31, 2021USD ($)	Aug. 30, 2021USD ($)instrument	Dec. 31, 2020USD ($)derivative
Derivative
Unrealized loss expected to be reclassified to interest expense in next 12 months	$ 4,600,000
Hollywood Media Portfolio, net \| Secured debt
Derivative
Face amount	1,100,000,000	$ 1,100,000,000	$ 900,000,000
Designated as hedging Instrument
Derivative
Fair Value (Liabilities) Assets	$ (4,637,000)			$ (10,101,000)
Designated as hedging Instrument \| Interest rate swaps
Derivative
Number of Derivatives \| derivative	3			3
Notional Amount	$ 475,000,000			$ 475,000,000
Designated as hedging Instrument \| Interest rate swaps \| Hollywood Media Portfolio, net
Derivative
Number of Derivatives \| instrument	2
Notional Amount	$ 350,000,000
Fair Value (Liabilities) Assets	$ (2,922,000)			(7,112,000)
Designated as hedging Instrument \| Interest rate swaps \| Low \| Hollywood Media Portfolio, net
Derivative
Interest rate	2.96%
Designated as hedging Instrument \| Interest rate swaps \| High \| Hollywood Media Portfolio, net
Derivative
Interest rate	3.46%
Designated as hedging Instrument \| Interest rate swaps \| Hollywood Media Portfolio, net
Derivative
Number of Derivatives \| instrument	1
Notional Amount	$ 125,000,000
Fair Value (Liabilities) Assets	$ (1,827,000)			$ (2,994,000)
Designated as hedging Instrument \| Interest rate swaps \| Low \| Hollywood Media Portfolio, net
Derivative
Interest rate	2.63%
Designated as hedging Instrument \| Interest rate swaps \| High \| Hollywood Media Portfolio, net
Derivative
Interest rate	3.13%
Designated as hedging Instrument \| Interest rate cap \| Hollywood Media Portfolio, net
Derivative
Number of Derivatives	1		1	1
Notional Amount	$ 1,100,000,000		$ 900,000,000
Strike rate			35.00%
Fair Value (Liabilities) Assets				$ 5,000
Designated as hedging Instrument \| Interest rate cap \| Hollywood Media Portfolio, net
Derivative
Number of Derivatives \| instrument	1
Notional Amount	$ 1,100,000,000
Strike rate	35.00%
Fair Value (Liabilities) Assets	$ 112,000			$ 0

U.S. Government Securities (Det

U.S. Government Securities (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Carrying Value
Due in 1 year	$ 130,103,000
TOTAL	130,103,000	$ 135,115,000
Fair Value
Due in 1 year	135,205,000
TOTAL	135,205,000
Gross unrealized gains	5,100,000
Gross unrealized losses	$ 0

Income Taxes (Details)

Income Taxes (Details)	Sep. 30, 2021USD ($)
Income Tax Disclosure [Abstract]
Liability for uncertainty in income taxes, noncurrent	$ 0

Future Minimum Rents and Leas_3

Future Minimum Rents and Lease Payments - Future Minimum Base Rents Receivable (Details) $ in Thousands	Sep. 30, 2021USD ($)
Operating Leases, Future Minimum Payments Receivable
2021	$ 159,124
2022	627,534
2023	580,085
2024	522,897
2025	418,611
Thereafter	1,779,911
TOTAL	4,088,162
Non-cancellable
Operating Leases, Future Minimum Payments Receivable
2021	158,243
2022	615,780
2023	568,759
2024	507,086
2025	367,238
Thereafter	1,570,644
TOTAL	3,787,750
Subject to Early Termination Options
Operating Leases, Future Minimum Payments Receivable
2021	881
2022	11,754
2023	11,326
2024	15,811
2025	51,373
Thereafter	209,267
TOTAL	$ 300,412

Future Minimum Rents and Leas_4

Future Minimum Rents and Lease Payments - Narratives (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)contract	Dec. 31, 2020USD ($)
Operating Leased Assets
Operating lease payment \| $	$ 608,360
Operating lease liabilities \| $	280,210	$ 270,014
Operating lease right-of-use assets \| $	$ 273,997	$ 264,880
Ground Lease
Operating Leased Assets
Number of operating lease contracts (contract) \| contract	13
Office
Operating Leased Assets
Number of operating lease contracts (contract) \| contract	2
Facility
Operating Leased Assets
Number of operating lease contracts (contract) \| contract	3

Future Minimum Rents and Leas_5

Future Minimum Rents and Lease Payments - Future Minimum Payments Due (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Lessee, Operating Lease, Liability, Payment, Due
2021	$ 5,162
2022	20,656
2023	20,448
2024	20,420
2025	20,437
Thereafter	521,237
Total operating lease payments	608,360
Less: interest portion	(328,150)
PRESENT VALUE OF OPERATING LEASE LIABILITIES	$ 280,210	$ 270,014

Future Minimum Rents and Leas_6

Future Minimum Rents and Lease Payments - Rental Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Variable rental expense	$ 2,765	$ 2,427	$ 7,873	$ 6,683
Minimum rental expense	$ 5,421	$ 4,991	$ 15,963	$ 14,973

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Assets And Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate cap derivative asset	$ 112	$ 5
Interest rate swap derivative liabilities	(4,749)	(10,106)
Stock purchase warrant	1,684	0
Earnout liability(2)(3)	22,800	0
Non-real estate investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	3,475	750
Non-real estate investments measured at NAV	21,207	3,338
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate cap derivative asset	0	0
Interest rate swap derivative liabilities	0	0
Stock purchase warrant	0	0
Earnout liability(2)(3)	0	0
Level 1 \| Non-real estate investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	1,920	0
Non-real estate investments measured at NAV	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate cap derivative asset	112	5
Interest rate swap derivative liabilities	(4,749)	(10,106)
Stock purchase warrant	1,684	0
Earnout liability(2)(3)	0	0
Level 2 \| Non-real estate investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	1,555	750
Non-real estate investments measured at NAV	0	0
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate cap derivative asset	0	0
Interest rate swap derivative liabilities	0	0
Stock purchase warrant	0	0
Earnout liability(2)(3)	22,800	0
Level 3 \| Non-real estate investment
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 - Investment in Securities and Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	$ 130,103	$ 135,115
Carrying Value \| Unsecured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	2,225,000	1,925,000
Carrying Value \| Secured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,718,973	1,507,276
Carrying Value \| In-substance defeased debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	129,105	131,707
Carrying Value \| Joint venture partner debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	66,136	66,136
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	135,205	140,270
Fair Value \| Unsecured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	2,352,998	2,072,833
Fair Value \| Secured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,592,605	1,503,960
Fair Value \| In-substance defeased debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	129,319	131,633
Fair Value \| Joint venture partner debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	$ 69,771	$ 68,346

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award
Employee stock compensation	$ 5,840	$ 4,791	$ 15,718	$ 14,409
Existing and newly elected board member
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period (in years)			3 years
Employees
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period (in years)			3 years
OPP plan \| Tranche one
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period (in years)			3 years
Award vesting percentage after initial performance period			50.00%
OPP plan \| Tranche two
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period (in years)			3 years
Award vesting rights			50.00%
Award mandatory holding period (in years)			2 years
PSU plan 2020
Share-based Compensation Arrangement by Share-based Payment Award
Post vesting period (in years)			2 years
PSU plan 2020 \| Tranche one
Share-based Compensation Arrangement by Share-based Payment Award
Award performance period (in years)			3 years
PSU plan 2020 \| Tranche two
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting period (in years)			3 years
Award performance period (in years)			1 year

Stock-based Compensation - Comp

Stock-based Compensation - Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement [Abstract]
Employee stock compensation	$ 5,840	$ 4,791	$ 15,718	$ 14,409
Capitalized stock compensation	771	751	2,659	2,317
Total stock compensation	$ 6,611	$ 5,542	$ 18,377	$ 16,726

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator:
Basic net (loss) income available to common stockholders	$ (9,295)	$ (5,436)	$ (1,998)	$ 8,859
Effect of dilutive instruments	0	0	0	92
Diluted net (loss) income available to common stockholders	$ (9,295)	$ (5,436)	$ (1,998)	$ 8,951
Denominator:
Basic weighted average common shares outstanding (in shares)	152,320,252	153,196,007	151,443,305	153,643,278
Effect of dilutive instruments (in shares)	0	0	0	2,387,537
Diluted weighted average common shares outstanding (in shares)	152,320,252	153,196,007	151,443,305	156,030,815
Basic earnings per common share (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.06
Diluted earnings per common share (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.06
Hudson Pacific Partners L.P.
Numerator:
Basic net (loss) income available to common stockholders	$ (9,380)	$ (5,642)	$ (2,014)	$ 8,489
Diluted net (loss) income available to common stockholders	$ (9,380)	$ (5,642)	$ (2,014)	$ 8,489
Denominator:
Basic weighted average common units outstanding (in shares)	153,701,876	154,107,865	152,818,720	154,555,136
Effect of dilutive instruments (in shares)	0	0	0	867,000
Diluted weighted average common units outstanding (in shares)	153,701,876	154,107,865	152,818,720	155,422,136
Basic earnings per common unit (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.05
Diluted earnings per common unit (in dollars per share)	$ (0.06)	$ (0.04)	$ (0.01)	$ 0.05

Redeemable Non-Controlling In_3

Redeemable Non-Controlling Interest (Details) - $ / shares	Oct. 09, 2018	Aug. 31, 2018	Sep. 30, 2021	Dec. 31, 2020
HPP-MAC WSP, LLC \| VIE, primary beneficiary
Temporary Equity
VIE, ownership Interest		75.00%
Ferry Building \| VIE, primary beneficiary
Temporary Equity
VIE, ownership Interest	55.00%
Series A redeemable preferred units
Temporary Equity
Preferred A shares outstanding (in shares)			392,598	392,598
Distribution rate of preferred stock			6.25%
Redeemable non-controlling interest, liquidation preference (in dollars per share)			$ 25

Redeemable Non-Controlling In_4

Redeemable Non-Controlling Interest - Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
VIE, primary beneficiary
Increase (Decrease) in Temporary Equity
BEGINNING OF PERIOD	$ 127,445	$ 127,874
Contributions	2,719	4,262
Distributions	0	(8)
Declared dividend	0	0
Net income (loss)	(816)	(2,780)
END OF PERIOD	129,348	129,348
Series A redeemable preferred units
Increase (Decrease) in Temporary Equity
BEGINNING OF PERIOD	9,815	9,815
Contributions	0	0
Distributions	0	0
Declared dividend	(153)	(459)
Net income (loss)	153	459
END OF PERIOD	$ 9,815	$ 9,815

Equity - Comprehensive Income H

Equity - Comprehensive Income Hudson Pacific Properties (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	$ 3,945,806	$ 3,601,631	$ 3,967,980	$ 3,709,362
Unrealized losses recognized in OCI			(1,941)
Reclassification adjustment for realized gains			5,626
Total other comprehensive (loss) income	(1,735)	3,120	3,735	(12,359)
Ending balance	3,852,380	3,898,292	3,852,380	3,898,292
Accumulated Other Comprehensive Loss
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(2,736)	(15,888)	(8,133)	(561)
Total other comprehensive (loss) income	(1,712)	3,093	3,685	(12,234)
Ending balance	(4,448)	$ (12,795)	(4,448)	$ (12,795)
Derivative Instruments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			(11,378)
Unrealized losses recognized in OCI			(374)
Reclassification adjustment for realized gains			5,626
Total other comprehensive (loss) income			5,252
Ending balance	(6,126)		(6,126)
Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			3,245
Unrealized losses recognized in OCI			(1,567)
Reclassification adjustment for realized gains			0
Total other comprehensive (loss) income			(1,567)
Ending balance	$ 1,678		$ 1,678

Equity - Comprehensive Income L

Equity - Comprehensive Income LP (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Unrealized losses recognized in OCI			$ (1,941)
Reclassification adjustment for realized gains			5,626
Total other comprehensive (loss) income	$ (1,735)	$ 3,120	3,735	$ (12,359)
Hudson Pacific Partners L.P.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	3,945,806	3,601,631	3,967,980	3,709,362
Unrealized losses recognized in OCI			(1,967)
Reclassification adjustment for realized gains			5,702
Total other comprehensive (loss) income	(1,735)	3,120	3,735	(12,359)
Ending balance	3,852,380	3,898,292	3,852,380	3,898,292
Hudson Pacific Partners L.P. \| Accumulated Other Comprehensive Loss
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(2,776)	(16,092)	(8,246)	(613)
Total other comprehensive (loss) income	(1,735)	3,120	3,735	(12,359)
Ending balance	(4,511)	$ (12,972)	(4,511)	$ (12,972)
Hudson Pacific Partners L.P. \| Derivative Instruments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			(11,485)
Unrealized losses recognized in OCI			(379)
Reclassification adjustment for realized gains			5,702
Total other comprehensive (loss) income			5,323
Ending balance	(6,162)		(6,162)
Hudson Pacific Partners L.P. \| Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			3,239
Unrealized losses recognized in OCI			(1,588)
Reclassification adjustment for realized gains			0
Total other comprehensive (loss) income			(1,588)
Ending balance	$ 1,651		$ 1,651

Equity - Non-controlling Intere

Equity - Non-controlling Interests (Details)	9 Months Ended
Equity - Non-controlling Interests (Details)	Sep. 30, 2021shares	Dec. 31, 2020shares
Class of Stock
Common stock/units, outstanding (in shares)	152,320,252	151,401,365
Hudson Pacific Partners L.P.
Class of Stock
Company’s ownership interest percentage	99.10%	99.10%
Hudson Pacific Partners L.P. \| Company-owned common units in the operating partnership
Class of Stock
Common stock/units, outstanding (in shares)	152,320,252	151,401,365
Noncontrolling interest in operating partnership
Class of Stock
Non-controlling ownership interest percentage	0.90%	0.90%
Non-controlling common units in the operating partnership - common units (in shares)	550,969	550,969
Non-controlling common units in the operating partnership - preferred units (in shares)	830,655	770,114
Noncontrolling interest in operating partnership \| Common units
Class of Stock
Non-controlling units in the operating partnership (in shares)	1,381,624	1,321,083
Performance units
Class of Stock
Conversion ratio	1

Equity - Additional Information

Equity - Additional Information (Details)	9 Months Ended
Equity - Additional Information (Details)	Sep. 30, 2021USD ($)$ / sharesshares
Class of Stock
Proceeds from sale of common stock, net of transaction costs	$ 44,588,000
Stock repurchase program, amount authorized	250,000,000
Share repurchased net	14,700,000
Stock repurchase program, repurchase of common stock, cumulative	144,900,000
At-the-Market
Class of Stock
Maximum sales authorized	$ 125,000,000
Shares issued (in shares) \| shares	1,526,163,000,000
Proceeds from sale of common stock, net of transaction costs	$ 45,700,000
Cumulative total sold	$ 65,800,000
Low \| At-the-Market
Class of Stock
Shares issued price per share (usd per share) \| $ / shares	$ 29,530,000
High \| At-the-Market
Class of Stock
Shares issued price per share (usd per share) \| $ / shares	$ 30,170,000

Equity - Dividends (Details)

Equity - Dividends (Details) - $ / shares	3 Months Ended		9 Months Ended
Equity - Dividends (Details) - $ / shares	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Class of Stock
Common stock, dividends (in dollars per share)	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Common stock, dividends, cash paid (in dollars per share)	0.25	0.25	0.75	0.75
Common units, dividends (in dollars per share)	0.25	0.25	0.75	0.75
Common units, dividends, cash paid (in dollars per share)	0.25	0.25	0.75	0.75
Series A preferred stock, dividends, cash paid (in dollars per share)	0.3906	0.3906
Performance units, dividends, cash paid (in dollars per share)	0.25	0.25	0.75	0.75
Performance units, dividends (in dollars per share)	0.25	0.25	0.75	0.75
Series A preferred units
Class of Stock
Series A preferred units, dividends (in dollars per share)	$ 0.3906	$ 0.3906	1.1718	1.1718
Series A preferred stock, dividends, cash paid (in dollars per share)			$ 1.1718	$ 1.1718

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	9 Months Ended
Segment Reporting - Narrative (Details)	Sep. 30, 2021property
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Reporting - Operating A

Segment Reporting - Operating Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting Information
TOTAL REVENUES	$ 227,632	$ 196,285	$ 656,353	$ 601,122
Operating expenses	(83,909)	(75,109)	(243,501)	(222,181)
TOTAL PROFIT FROM ALL SEGMENTS	143,723	121,176	412,852	378,941
Office segment
Segment Reporting Information
TOTAL REVENUES	201,866	180,716	589,712	551,451
Operating expenses	(71,865)	(66,075)	(207,538)	(194,546)
TOTAL PROFIT FROM ALL SEGMENTS	130,001	114,641	382,174	356,905
Studio segment
Segment Reporting Information
TOTAL REVENUES	25,766	15,569	66,641	49,671
Operating expenses	(12,044)	(9,034)	(35,963)	(27,635)
TOTAL PROFIT FROM ALL SEGMENTS	$ 13,722	$ 6,535	$ 30,678	$ 22,036

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation (Details) - USD ($)	3 Months Ended		9 Months Ended
Segment Reporting - Reconciliation (Details) - USD ($)	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting [Abstract]
Net (loss) income	$ (6,182,000)	$ (1,362,000)	$ 12,259,000	$ 19,598,000
General and administrative	18,288,000	17,428,000	53,846,000	53,943,000
Depreciation and amortization	88,568,000	75,052,000	255,507,000	222,331,000
(Income) loss from unconsolidated real estate entities	(566,000)	105,000	(1,671,000)	(69,000)
Fee income	(678,000)	(575,000)	(2,323,000)	(1,741,000)
Interest expense	30,825,000	29,838,000	91,800,000	84,185,000
Interest income	(934,000)	(1,056,000)	(2,868,000)	(3,129,000)
Management services reimbursement income—unconsolidated real estate entities	(253,000)	0	(879,000)	0
Management services expense—unconsolidated real estate entities	253,000	0	879,000	0
Transaction-related expenses	6,300,000	181,000	7,364,000	440,000
Unrealized (gain) loss on non-real estate investments	(827,000)	(513,000)	(11,620,000)	2,335,000
Impairment loss	2,762,000	0	2,762,000	0
Loss on extinguishment of debt	6,249,000	2,654,000	6,249,000	2,654,000
Other (income) expense	(82,000)	(576,000)	1,547,000	(1,606,000)
TOTAL PROFIT FROM ALL SEGMENTS	$ 143,723,000	$ 121,176,000	$ 412,852,000	$ 378,941,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Related Party Transaction
Operating lease right-of-use assets	$ 273,997	$ 264,880
Operating lease liabilities	280,210	$ 270,014
Rent expense	800
Office Space and Fitness Facility
Related Party Transaction
Operating lease right-of-use assets	7,400
Operating lease liabilities	$ 7,500

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	9 Months Ended
Commitments and Contingencies (Details) $ in Millions	Sep. 30, 2021USD ($)
Capital Addition Purchase Commitments
Loss Contingencies
Commitments	$ 179.9
Unsecured debt \| Revolving credit facility
Loss Contingencies
Letters of credit, amount outstanding	2.8
Real estate technology venture capital fund
Loss Contingencies
Commitments	28
Investment, contributions to date	14.7
Commitment remaining contribution amount	$ 13.3

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of capitalized interest	$ 74,381	$ 65,908
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments	136,661	132,836
Lease liabilities recorded in connection with right-of-use assets	13,881	0
Earnout liability recognized as contingent consideration for business combination	22,800	0
Accrued liability for common unit repurchases settled after quarter-end	0	8,468
Hudson Pacific Partners L.P.
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of capitalized interest	74,381	65,908
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments	136,661	132,836
Lease liabilities recorded in connection with right-of-use assets	13,881	0
Earnout liability recognized as contingent consideration for business combination	22,800	0
Accrued liability for common unit repurchases settled after quarter-end	$ 0	$ 8,468

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Cash Rollforward (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2019
Cash and Cash Equivalents
Cash and cash equivalents	$ 110,500	$ 113,686	$ 365,294	$ 46,224
Restricted cash	109,737	35,854	38,979	12,034
TOTAL	220,237	149,540	404,273	58,258
Hudson Pacific Partners L.P.
Cash and Cash Equivalents
Cash and cash equivalents	110,500	113,686	365,294	46,224
Restricted cash	109,737	35,854	38,979	12,034
TOTAL	$ 220,237	$ 149,540	$ 404,273	$ 58,258