Hudson Pacific Properties 10-Q 29 Jul 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 22, 2022
Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
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		141,658,129
Entity Central Index Key	0001482512
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Hudson Pacific Partners L.P.
Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
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
Title of 12(b) Security	4.750% Series C Cumulative Redeemable Preferred Stock
Trading Symbol	HPP Pr C
Security Exchange Name	NYSE
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	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Investment in real estate, at cost	$ 8,562,340	$ 8,361,477
Accumulated depreciation and amortization	(1,413,526)	(1,283,774)
Investment in real estate, net	7,148,814	7,077,703
Non-real estate property, plant and equipment, net	60,222	58,469
Cash and cash equivalents	266,538	96,555
Restricted cash	49,025	100,321
Accounts receivable, net	15,602	25,339
Straight-line rent receivables, net	269,015	240,306
Deferred leasing costs and intangible assets, net	336,439	341,444
U.S. Government securities		129,321
Operating lease right-of-use assets	299,673	287,041
Prepaid expenses and other assets, net	99,151	119,000
Investment in unconsolidated real estate entities	161,845	154,731
Goodwill	109,473	109,439
Assets associated with real estate held for sale	234,841	250,520
TOTAL ASSETS	9,050,638	8,990,189
Liabilities
Accounts payable, accrued liabilities and other	313,572	300,959
Operating lease liabilities	307,072	293,596
Intangible liabilities, net	37,485	42,290
Security deposits and prepaid rent	82,906	84,939
Liabilities associated with real estate held for sale	3,072	3,898
Total liabilities	5,065,674	4,653,933
Commitments and contingencies
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	126,420	129,449
Hudson Pacific Properties, Inc. stockholders’ equity
Preferred stock, $0.01 par value, 18,400,000 authorized at June 30, 2022 and December 31, 2021, respectively; 4.750% Series C cumulative redeemable preferred stock, $25.00 per share liquidation preference, 17,000,000 outstanding at June 30, 2022 and December 31, 2021, respectively	425,000	425,000
Common stock, $0.01 par value, 481,600,000 authorized, 141,609,336 shares and 151,124,543 shares outstanding at June 30, 2022 and December 31, 2021, respectively	1,415	1,511
Additional paid-in capital	2,985,666	3,317,072
Accumulated other comprehensive loss	(7,051)	(1,761)
Total Hudson Pacific Properties, Inc. stockholders’ equity	3,405,030	3,741,822
Total equity	3,848,729	4,196,992
TOTAL LIABILITIES AND EQUITY	9,050,638	8,990,189
Non-controlling interest—members in consolidated real estate entities
Hudson Pacific Properties, Inc. stockholders’ equity
Non-controlling interest	384,707	402,971
Non-controlling interest—units in the operating partnership
Hudson Pacific Properties, Inc. stockholders’ equity
Non-controlling interest	58,992	52,199
Unsecured and secured debt, net
Liabilities
Notes payable, net	4,129,034	3,733,903
In-substance defeased debt
Liabilities
Notes payable, net	126,397	128,212
Joint venture partner debt
Liabilities
Notes payable, net	$ 66,136	$ 66,136

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	18,400,000	18,400,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	481,600,000	481,600,000
Common stock/units, outstanding (in shares)	141,609,336	151,124,543
Cumulative Preferred Stock
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, authorized (in shares)	17,000,000
Interest rate of preferred stock	4.75%
Liquidation preference (in dollars per share)	$ 25
Hudson Pacific Partners L.P.
Liquidation preference (in dollars per share)	$ 25	$ 25
Preferred Stock, outstanding (in shares)	17,000,000	17,000,000
Common stock/units, outstanding (in shares)	143,455,600	152,967,441
Hudson Pacific Partners L.P. | Cumulative Preferred Stock
Interest rate of preferred stock	4.75%	4.75%

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUES
Revenues	$ 251,430,000	$ 215,602,000	$ 495,943,000	$ 428,721,000
OPERATING EXPENSES
Operating expenses	99,244,000	81,577,000	191,858,000	159,592,000
General and administrative	21,871,000	17,109,000	42,383,000	35,558,000
Depreciation and amortization	91,438,000	84,178,000	183,631,000	166,939,000
Total operating expenses	212,553,000	182,864,000	417,872,000	362,089,000
OTHER INCOME (EXPENSE)
Income from unconsolidated real estate entities	1,780,000	470,000	2,083,000	1,105,000
Fee income	1,140,000	797,000	2,211,000	1,645,000
Interest expense	(33,719,000)	(30,689,000)	(64,555,000)	(60,975,000)
Interest income	920,000	937,000	1,830,000	1,934,000
Management services reimbursement income—unconsolidated real estate entities	1,068,000	626,000	2,176,000	626,000
Management services expense—unconsolidated real estate entities	(1,068,000)	(626,000)	(2,176,000)	(626,000)
Transaction-related expenses	(1,126,000)	(1,064,000)	(1,382,000)	(1,064,000)
Unrealized (loss) gain on non-real estate investments	(1,818,000)	5,018,000	(168,000)	10,793,000
Impairment loss	(3,250,000)	0	(23,753,000)	0
Other income (expense)	742,000	(1,177,000)	1,594,000	(1,629,000)
Total other expenses	(35,331,000)	(25,708,000)	(82,140,000)	(48,191,000)
Net income (loss)	3,546,000	7,030,000	(4,069,000)	18,441,000
Net income attributable to participating securities	(300,000)	(276,000)	(594,000)	(554,000)
Net income attributable to non-controlling interest in consolidated real estate entities	(7,081,000)	(5,549,000)	(15,642,000)	(12,179,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities	1,506,000	1,282,000	3,396,000	1,964,000
Net loss (income) attributable to common units in the operating partnership	93,000	(19,000)	323,000	(69,000)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (7,436,000)	$ 2,315,000	$ (27,229,000)	$ 7,297,000
BASIC AND DILUTED PER SHARE AMOUNTS
Net (loss) income attributable to common stockholders - basic (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Net (loss) income attributable to common stockholders - diluted (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Weighted average shares of common stock outstanding—basic (in shares)	143,816,698	151,169,612	146,487,388	150,997,564
Weighted average shares of common stock outstanding—diluted (in shares)	143,816,698	152,683,463	146,487,388	151,302,845
Series A units
OTHER INCOME (EXPENSE)
Net income attributable to preferred units	$ (153,000)	$ (153,000)	$ (306,000)	$ (306,000)
Series C units
OTHER INCOME (EXPENSE)
Net income attributable to preferred units	(5,047,000)	0	(10,337,000)	0
Office
REVENUES
Rental	211,836,000	192,552,000	418,028,000	382,413,000
Service and other revenues	4,408,000	3,151,000	9,616,000	5,433,000
Revenues	216,244,000	195,703,000	427,644,000	387,846,000
OPERATING EXPENSES
Operating expenses	78,558,000	69,111,000	152,189,000	135,673,000
Studio
REVENUES
Rental	13,438,000	11,551,000	26,832,000	23,704,000
Service and other revenues	21,748,000	8,348,000	41,467,000	17,171,000
Revenues	35,186,000	19,899,000	68,299,000	40,875,000
OPERATING EXPENSES
Operating expenses	$ 20,686,000	$ 12,466,000	$ 39,669,000	$ 23,919,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income (loss)	$ 3,546	$ 7,030	$ (4,069)	$ 18,441
Currency translation adjustments	(7,088)	914	(8,449)	1,923
Net unrealized gains on derivative instruments:
Unrealized gains (losses)	1,516	(160)	4,560	(136)
Reclassification adjustment for realized (gains) losses	(916)	1,872	(1,495)	3,683
Total net unrealized gains on derivative instruments	600	1,712	3,065	3,547
Total other comprehensive (loss) income	(6,488)	2,626	(5,384)	5,470
Comprehensive (loss) income	(2,942)	9,656	(9,453)	23,911
Comprehensive income attributable to participating securities	(300)	(276)	(594)	(554)
Comprehensive income attributable to non-controlling interest in consolidated real estate entities	(7,081)	(5,549)	(15,642)	(12,179)
Comprehensive loss attributable to redeemable non-controlling interest in consolidated real estate entities	1,506	1,282	3,396	1,964
Comprehensive loss (income) attributable to non-controlling interest in the operating partnership	206	(54)	417	(142)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(13,811)	4,906	(32,519)	12,694
Series A units
Net unrealized gains on derivative instruments:
Comprehensive income attributable Series	(153)	(153)	(306)	(306)
Series C units
Net unrealized gains on derivative instruments:
Comprehensive income attributable Series	$ (5,047)	$ 0	$ (10,337)	$ 0

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Series C Cumulative Redeemable Preferred Stock	Common stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Loss	Units in the Operating Partnership	Non-controlling Interest—Members in Consolidated Real Estate Entities
Beginning balance at Dec. 31, 2020	$ 3,967,980	$ 0	$ 1,514	$ 3,469,758	$ 0	$ (8,133)	$ 37,832	$ 467,009
Beginning balance (in shares) at Dec. 31, 2020			151,401,365
Increase (Decrease) in Stockholders' Equity
Contributions	15,016							15,016
Distributions	(26,728)							(26,728)
Proceeds from sale of common stock, net transaction costs (in shares)			1,526,163
Proceeds from sale of common stock, net of transaction costs	44,820		$ 15	44,805
Issuance of unrestricted stock (in shares)			53,246
Shares repurchased (in shares)			(632,109)
Shares repurchased	(14,756)		$ (6)	(14,750)
Shares withheld to satisfy tax withholding obligation (in shares)			(29,581)
Shares withheld to satisfy tax withholding obligations	(693)			(693)
Declared dividend	(77,168)			(68,189)	(7,851)		(1,128)
Amortization of stock-based compensation	11,766			4,225			7,541
Net income (loss)	20,099				7,851		69	12,179
Other comprehensive income (loss)	5,470					5,397	73
Ending balance at Jun. 30, 2021	3,945,806	0	$ 1,523	3,435,156	0	(2,736)	44,387	467,476
Ending balance (in shares) at Jun. 30, 2021			152,319,084
Beginning balance at Mar. 31, 2021	3,936,240	0	$ 1,508	3,423,699	0	(5,327)	39,787	476,573
Beginning balance (in shares) at Mar. 31, 2021			150,760,631
Increase (Decrease) in Stockholders' Equity
Distributions	(14,646)							(14,646)
Proceeds from sale of common stock, net transaction costs (in shares)			1,526,163
Proceeds from sale of common stock, net of transaction costs	44,820		$ 15	44,805
Issuance of unrestricted stock (in shares)			33,246
Shares withheld to satisfy tax withholding obligation (in shares)			(956)
Declared dividend	(38,742)			(35,591)	(2,591)		(560)
Amortization of stock-based compensation	7,349			2,243			5,106
Net income (loss)	8,159				2,591		19	5,549
Other comprehensive income (loss)	2,626					2,591	35
Ending balance at Jun. 30, 2021	3,945,806	0	$ 1,523	3,435,156	0	(2,736)	44,387	467,476
Ending balance (in shares) at Jun. 30, 2021			152,319,084
Beginning balance at Dec. 31, 2021	$ 4,196,992	425,000	$ 1,511	3,317,072	0	(1,761)	52,199	402,971
Beginning balance (in shares) at Dec. 31, 2021	151,124,543		151,124,543
Ending balance at Mar. 31, 2022	$ 3,943,464	425,000	$ 1,445	3,063,500	0	(676)	55,254	398,941
Ending balance (in shares) at Mar. 31, 2022			144,559,168
Beginning balance at Dec. 31, 2021	$ 4,196,992	425,000	$ 1,511	3,317,072	0	(1,761)	52,199	402,971
Beginning balance (in shares) at Dec. 31, 2021	151,124,543		151,124,543
Increase (Decrease) in Stockholders' Equity
Contributions	$ 15,457							15,457
Distributions	(49,363)							(49,363)
Transaction costs	(214)			(214)
Issuance of unrestricted stock (in shares)			32,861
Shares repurchased (in shares)			(2,105,359)
Shares repurchased	(37,206)		$ (21)	(37,185)
Accelerated share repurchase (in shares)			(7,442,709)
Accelerated share repurchase	(200,000)		$ (75)	(199,925)
Declared dividend	(83,685)	(10,337)		(98,625)	26,635		(1,358)
Amortization of stock-based compensation	13,111			4,543			8,568
Net income (loss)	(979)	10,337			(26,635)		(323)	15,642
Other comprehensive income (loss)	(5,384)					(5,290)	(94)
Ending balance at Jun. 30, 2022	$ 3,848,729	425,000	$ 1,415	2,985,666	0	(7,051)	58,992	384,707
Ending balance (in shares) at Jun. 30, 2022	141,609,336		141,609,336
Beginning balance at Mar. 31, 2022	$ 3,943,464	425,000	$ 1,445	3,063,500	0	(676)	55,254	398,941
Beginning balance (in shares) at Mar. 31, 2022			144,559,168
Increase (Decrease) in Stockholders' Equity
Contributions	12,833							12,833
Distributions	(34,148)							(34,148)
Transaction costs	(138)			(138)
Issuance of unrestricted stock (in shares)			24,564
Shares repurchased (in shares)			(2,105,359)
Shares repurchased	(37,206)		$ 21	(37,185)
Accelerated share repurchase (in shares)			(869,037)
Accelerated share repurchase	0		$ (9)	9
Declared dividend	(41,453)	(5,047)		(42,863)	7,136		(679)
Amortization of stock-based compensation	6,966			2,343			4,623
Net income (loss)	4,899	5,047			(7,136)		(93)	7,081
Other comprehensive income (loss)	(6,488)					(6,375)	(113)
Ending balance at Jun. 30, 2022	$ 3,848,729	$ 425,000	$ 1,415	$ 2,985,666	$ 0	$ (7,051)	$ 58,992	$ 384,707
Ending balance (in shares) at Jun. 30, 2022	141,609,336		141,609,336

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (4,069,000)	$ 18,441,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	183,631,000	166,939,000
Non-cash portion of interest expense	6,785,000	4,835,000
Amortization of stock-based compensation	11,322,000	9,878,000
Income from unconsolidated real estate entities	(2,083,000)	(1,105,000)
Unrealized loss (gain) on non-real estate investments	168,000	(10,793,000)
Straight-line rents	(27,621,000)	(13,114,000)
Straight-line rent expenses	844,000	737,000
Amortization of above- and below-market leases, net	(4,692,000)	(5,258,000)
Amortization of above- and below-market ground leases, net	1,355,000	1,175,000
Amortization of lease incentive costs	863,000	952,000
Distribution of income from unconsolidated entities	688,000	872,000
Gain on derivatives	(3,513,000)	0
Impairment loss	23,753,000	0
Change in operating assets and liabilities:
Accounts receivable	9,744,000	5,624,000
Deferred leasing costs and lease intangibles	(9,807,000)	(8,867,000)
Prepaid expenses and other assets	(13,220,000)	(14,899,000)
Accounts payable, accrued liabilities and other	18,250,000	25,301,000
Security deposits and prepaid rent	(2,256,000)	(7,787,000)
Net cash provided by operating activities	190,142,000	172,931,000
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment in real estate	(113,605,000)	(191,005,000)
Property acquisitions	(87,970,000)	0
Maturities of U.S. Government securities	129,300,000	2,889,000
Contributions to non-real estate investments	(11,974,000)	(8,514,000)
Distributions from non-real estate investments	329,000	0
Distributions from unconsolidated real estate entities	883,000	908,000
Contributions to unconsolidated real estate entities	(14,892,000)	(8,325,000)
Additions to non-real estate property, plant and equipment	(6,325,000)	0
Net cash used in investing activities	(104,254,000)	(204,047,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	389,327,000	86,850,000
Payments of unsecured and secured debt	0	(313,000)
Payments of in-substance defeased debt	(1,815,000)	(1,736,000)
Proceeds from sale of common stock	0	44,820,000
Transaction costs	(214,000)	0
Repurchases of common stock	(34,688,000)	(14,756,000)
Accelerated share repurchase	(200,000,000)	0
Dividends paid to common stock and unitholders	(73,348,000)	(77,168,000)
Dividends paid to preferred stock and unitholders	(12,924,000)	(306,000)
Contributions from redeemable non-controlling members in consolidated real estate entities	375,000	1,543,000
Distributions to redeemable non-controlling members in consolidated real estate entities	(8,000)	(8,000)
Contributions from non-controlling members in consolidated real estate entities	15,457,000	15,016,000
Distributions to non-controlling members in consolidated real estate entities	(49,363,000)	(26,728,000)
Payments to satisfy tax withholding obligations	0	(693,000)
Net cash provided by financing activities	32,799,000	26,521,000
Net increase (decrease) in cash and cash equivalents and restricted cash	118,687,000	(4,595,000)
Cash and cash equivalents and restricted cash—beginning of period	196,876,000	149,540,000
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	$ 315,563,000	$ 144,945,000

CONSOLIDATED BALANCE SHEETS L.P

CONSOLIDATED BALANCE SHEETS L.P. - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Investment in real estate, at cost	$ 8,562,340	$ 8,361,477
Accumulated depreciation and amortization	(1,413,526)	(1,283,774)
Investment in real estate, net	7,148,814	7,077,703
Non-real estate property, plant and equipment, net	60,222	58,469
Cash and cash equivalents	266,538	96,555
Restricted cash	49,025	100,321
Accounts receivable, net	15,602	25,339
Straight-line rent receivables, net	269,015	240,306
Deferred leasing costs and intangible assets, net	336,439	341,444
U.S. Government securities		129,321
Operating lease right-of-use assets	299,673	287,041
Prepaid expenses and other assets, net	99,151	119,000
Investment in unconsolidated real estate entities	161,845	154,731
Goodwill	109,473	109,439
Assets associated with real estate held for sale	234,841	250,520
TOTAL ASSETS	9,050,638	8,990,189
Liabilities
Accounts payable, accrued liabilities and other	313,572	300,959
Operating lease liabilities	307,072	293,596
Intangible liabilities, net	37,485	42,290
Security deposits and prepaid rent	82,906	84,939
Liabilities associated with real estate held for sale	3,072	3,898
Total liabilities	5,065,674	4,653,933
Commitments and contingencies
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	126,420	129,449
Hudson Pacific Properties, L.P. partners’ capital
Accumulated other comprehensive loss	(7,051)	(1,761)
TOTAL LIABILITIES AND EQUITY	9,050,638	8,990,189
Unsecured and Secured Debt
Liabilities
Notes payable, net	4,129,034	3,733,903
In-substance defeased debt
Liabilities
Notes payable, net	126,397	128,212
Joint venture partner debt
Liabilities
Notes payable, net	66,136	66,136
Hudson Pacific Partners L.P.
ASSETS
Investment in real estate, at cost	8,562,340	8,361,477
Accumulated depreciation and amortization	(1,413,526)	(1,283,774)
Investment in real estate, net	7,148,814	7,077,703
Non-real estate property, plant and equipment, net	60,222	58,469
Cash and cash equivalents	266,538	96,555
Restricted cash	49,025	100,321
Accounts receivable, net	15,602	25,339
Straight-line rent receivables, net	269,015	240,306
Deferred leasing costs and intangible assets, net	336,439	341,444
U.S. Government securities	0	129,321
Operating lease right-of-use assets	299,673	287,041
Prepaid expenses and other assets, net	99,151	119,000
Investment in unconsolidated real estate entities	161,845	154,731
Goodwill	109,473	109,439
Assets associated with real estate held for sale	234,841	250,520
TOTAL ASSETS	9,050,638	8,990,189
Liabilities
Accounts payable, accrued liabilities and other	313,572	300,959
Operating lease liabilities	307,072	293,596
Intangible liabilities, net	37,485	42,290
Security deposits and prepaid rent	82,906	84,939
Liabilities associated with real estate held for sale	3,072	3,898
Total liabilities	5,065,674	4,653,933
Commitments and contingencies
Redeemable preferred units of the operating partnership	9,815	9,815
Redeemable non-controlling interest in consolidated real estate entities	126,420	129,449
Hudson Pacific Properties, L.P. partners’ capital
4.750% Series C cumulative redeemable preferred units, $25.00 per unit liquidation preference, 17,000,000 outstanding at June 30, 2022 and December 31, 2021, respectively	425,000	425,000
Common units, 143,455,600 and 152,967,441 outstanding at June 30, 2022 and December 31, 2021, respectively	3,046,185	3,370,800
Accumulated other comprehensive loss	(7,163)	(1,779)
Total Hudson Pacific Properties, L.P. partners’ capital	3,464,022	3,794,021
Non-controlling interest—members in consolidated real estate entities	384,707	402,971
Total capital	3,848,729	4,196,992
TOTAL LIABILITIES AND EQUITY	9,050,638	8,990,189
Hudson Pacific Partners L.P. | Unsecured and Secured Debt
Liabilities
Notes payable, net	4,129,034	3,733,903
Hudson Pacific Partners L.P. | In-substance defeased debt
Liabilities
Notes payable, net	126,397	128,212
Hudson Pacific Partners L.P. | Joint venture partner debt
Liabilities
Notes payable, net	$ 66,136	$ 66,136

CONSOLIDATED BALANCE SHEETS L_2

CONSOLIDATED BALANCE SHEETS L.P. (Parenthetical) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Common Stock:
Common stock/units, outstanding (in shares)	141,609,336	151,124,543
Cumulative Preferred Stock
Common Stock:
Interest rate of preferred stock	4.75%
Liquidation preference (in dollars per share)	$ 25
Hudson Pacific Partners L.P.
Common Stock:
Liquidation preference (in dollars per share)	$ 25	$ 25
Preferred Stock, outstanding (in shares)	17,000,000	17,000,000
Common stock/units, outstanding (in shares)	143,455,600	152,967,441
Hudson Pacific Partners L.P. | Cumulative Preferred Stock
Common Stock:
Interest rate of preferred stock	4.75%	4.75%

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS L.P. - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUES
Revenues	$ 251,430,000	$ 215,602,000	$ 495,943,000	$ 428,721,000
OPERATING EXPENSES
Operating expenses	99,244,000	81,577,000	191,858,000	159,592,000
General and administrative	21,871,000	17,109,000	42,383,000	35,558,000
Depreciation and amortization	91,438,000	84,178,000	183,631,000	166,939,000
Total operating expenses	212,553,000	182,864,000	417,872,000	362,089,000
OTHER INCOME (EXPENSE)
Income from unconsolidated real estate entities	1,780,000	470,000	2,083,000	1,105,000
Fee income	1,140,000	797,000	2,211,000	1,645,000
Interest expense	(33,719,000)	(30,689,000)	(64,555,000)	(60,975,000)
Interest income	920,000	937,000	1,830,000	1,934,000
Management services reimbursement income—unconsolidated real estate entities	1,068,000	626,000	2,176,000	626,000
Management services expense—unconsolidated real estate entities	(1,068,000)	(626,000)	(2,176,000)	(626,000)
Transaction-related expenses	(1,126,000)	(1,064,000)	(1,382,000)	(1,064,000)
Unrealized (loss) gain on non-real estate investments	(1,818,000)	5,018,000	(168,000)	10,793,000
Impairment loss	(3,250,000)	0	(23,753,000)	0
Other income (expense)	742,000	(1,177,000)	1,594,000	(1,629,000)
Total other expenses	(35,331,000)	(25,708,000)	(82,140,000)	(48,191,000)
Net income (loss)	3,546,000	7,030,000	(4,069,000)	18,441,000
Net income attributable to non-controlling interest in consolidated real estate entities	(7,081,000)	(5,549,000)	(15,642,000)	(12,179,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities	1,506,000	1,282,000	3,396,000	1,964,000
Net income attributable to participating securities	(300,000)	(276,000)	(594,000)	(554,000)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(7,436,000)	2,315,000	(27,229,000)	7,297,000
Series A units
OTHER INCOME (EXPENSE)
Net income attributable to preferred units	(153,000)	(153,000)	(306,000)	(306,000)
Series C units
OTHER INCOME (EXPENSE)
Net income attributable to preferred units	(5,047,000)	0	(10,337,000)	0
Office
REVENUES
Rental	211,836,000	192,552,000	418,028,000	382,413,000
Service and other revenues	4,408,000	3,151,000	9,616,000	5,433,000
Revenues	216,244,000	195,703,000	427,644,000	387,846,000
OPERATING EXPENSES
Operating expenses	78,558,000	69,111,000	152,189,000	135,673,000
Studio
REVENUES
Rental	13,438,000	11,551,000	26,832,000	23,704,000
Service and other revenues	21,748,000	8,348,000	41,467,000	17,171,000
Revenues	35,186,000	19,899,000	68,299,000	40,875,000
OPERATING EXPENSES
Operating expenses	20,686,000	12,466,000	39,669,000	23,919,000
Hudson Pacific Partners L.P.
REVENUES
Revenues	251,430,000	215,602,000	495,943,000	428,721,000
OPERATING EXPENSES
General and administrative	21,871,000	17,109,000	42,383,000	35,558,000
Depreciation and amortization	91,438,000	84,178,000	183,631,000	166,939,000
Total operating expenses	212,553,000	182,864,000	417,872,000	362,089,000
OTHER INCOME (EXPENSE)
Income from unconsolidated real estate entities	1,780,000	470,000	2,083,000	1,105,000
Fee income	1,140,000	797,000
Interest expense	(33,719,000)	(30,689,000)	(64,555,000)	(60,975,000)
Interest income	920,000	937,000	1,830,000	1,934,000
Management services reimbursement income—unconsolidated real estate entities	1,068,000	626,000		626,000
Management services expense—unconsolidated real estate entities	(1,068,000)	(626,000)	(2,176,000)	(626,000)
Transaction-related expenses	(1,126,000)	(1,064,000)	(1,382,000)	(1,064,000)
Unrealized (loss) gain on non-real estate investments	(1,818,000)	5,018,000	(168,000)	10,793,000
Impairment loss	(3,250,000)	0	(23,753,000)	0
Other income (expense)	742,000	(1,177,000)	1,594,000	(1,629,000)
Total other expenses	(35,331,000)	(25,708,000)	(82,140,000)	(48,191,000)
Net income (loss)	3,546,000	7,030,000	(4,069,000)	18,441,000
Net income attributable to non-controlling interest in consolidated real estate entities	(7,081,000)	(5,549,000)	(15,642,000)	(12,179,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities	1,506,000	1,282,000	3,396,000	1,964,000
Net income attributable to Hudson Pacific Properties, L.P.	(2,029,000)	2,763,000	(16,315,000)	8,226,000
Net income attributable to participating securities	(300,000)	(276,000)	(594,000)	(554,000)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (7,529,000)	$ 2,334,000	$ (27,552,000)	$ 7,366,000
BASIC AND DILUTED PER UNIT AMOUNTS
Net (loss) income attributable to common unitholders —basic (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Net (loss) income attributable to common unitholders —diluted (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Weighted average shares of common units outstanding—basic (in shares)	145,662,962	152,551,236	148,332,424	152,369,823
Weighted average shares of common units outstanding—diluted (in shares)	145,662,962	152,683,463	148,332,424	152,675,104
Hudson Pacific Partners L.P. | Series A units
OTHER INCOME (EXPENSE)
Net income attributable to preferred units	$ (153,000)	$ (153,000)	$ (306,000)	$ (306,000)
Hudson Pacific Partners L.P. | Series C units
OTHER INCOME (EXPENSE)
Net income attributable to preferred units	(5,047,000)	0	(10,337,000)	0
Hudson Pacific Partners L.P. | Office
REVENUES
Rental	211,836,000	192,552,000	418,028,000	382,413,000
Service and other revenues	4,408,000	3,151,000	9,616,000	5,433,000
Revenues	216,244,000	195,703,000	427,644,000	387,846,000
OPERATING EXPENSES
Operating expenses	78,558,000	69,111,000	152,189,000	135,673,000
Hudson Pacific Partners L.P. | Studio
REVENUES
Rental	13,438,000	11,551,000	26,832,000	23,704,000
Service and other revenues	21,748,000	8,348,000	41,467,000	17,171,000
Revenues	35,186,000	19,899,000	68,299,000	40,875,000
OPERATING EXPENSES
Operating expenses	$ 20,686,000	$ 12,466,000	$ 39,669,000	$ 23,919,000

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME L.P. - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income (loss)	$ 3,546	$ 7,030	$ (4,069)	$ 18,441
Currency translation adjustments	(7,088)	914	(8,449)	1,923
Net unrealized gains on derivative instruments:
Unrealized gains (losses)	1,516	(160)	4,560	(136)
Reclassification adjustment for realized (gains) losses	(916)	1,872	(1,495)	3,683
Total net unrealized gains on derivative instruments	600	1,712	3,065	3,547
Total other comprehensive (loss) income	(6,488)	2,626	(5,384)	5,470
Comprehensive (loss) income	(2,942)	9,656	(9,453)	23,911
Comprehensive income attributable to participating securities	(300)	(276)	(594)	(554)
Net income attributable to non-controlling interest in consolidated real estate entities	(7,081)	(5,549)	(15,642)	(12,179)
Comprehensive loss attributable to redeemable non-controlling interest in consolidated real estate entities	1,506	1,282	3,396	1,964
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(13,811)	4,906	(32,519)	12,694
Series A units
Net unrealized gains on derivative instruments:
Comprehensive income attributable Series	(153)	(153)	(306)	(306)
Series C units
Net unrealized gains on derivative instruments:
Comprehensive income attributable Series	(5,047)	0	(10,337)	0
Hudson Pacific Partners L.P.
Net income (loss)	3,546	7,030	(4,069)	18,441
Currency translation adjustments	(7,088)	914	(8,449)	1,923
Net unrealized gains on derivative instruments:
Unrealized gains (losses)	1,516	(160)	4,560	(136)
Reclassification adjustment for realized (gains) losses	(916)	1,872	(1,495)	3,683
Total net unrealized gains on derivative instruments	600	1,712	3,065	3,547
Total other comprehensive (loss) income	(6,488)	2,626	(5,384)	5,470
Comprehensive (loss) income	(2,942)	9,656	(9,453)	23,911
Comprehensive income attributable to participating securities	(300)	(276)	(594)	(554)
Net income attributable to non-controlling interest in consolidated real estate entities	(7,081)	(5,549)	(15,642)	(12,179)
Comprehensive loss attributable to redeemable non-controlling interest in consolidated real estate entities	1,506	1,282	3,396	1,964
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	(14,017)	4,960	(32,936)	12,836
Hudson Pacific Partners L.P. | Series A units
Net unrealized gains on derivative instruments:
Comprehensive income attributable Series	(153)	(153)	(306)	(306)
Hudson Pacific Partners L.P. | Series C units
Net unrealized gains on derivative instruments:
Comprehensive income attributable Series	$ (5,047)	$ 0	$ (10,337)	$ 0

CONSOLIDATED STATEMENTS OF CAPI

CONSOLIDATED STATEMENTS OF CAPITAL - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Increase (Decrease) in Partners' Capital
Beginning balance (in shares)		151,124,543		151,124,543
Contributions	$ 12,833			$ 15,457	$ 15,016
Distributions	(34,148)		$ (14,646)	(49,363)	(26,728)
Proceeds from sale of common stock, net of transaction costs			44,820		44,820
Transaction costs	(138)			(214)
Repurchase of common units	(37,206)			(37,206)	(14,756)
Units withheld to satisfy tax withholding obligations					(693)
Declared distributions	(41,453)		(38,742)	(83,685)	(77,168)
Amortization of unit-based compensation	6,966		7,349	13,111	11,766
Net income (loss)	4,899		8,159	(979)	20,099
Other comprehensive income (loss)	$ (6,488)		2,626	$ (5,384)	5,470
Ending balance (in shares)	141,609,336			141,609,336
Hudson Pacific Partners L.P.
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,943,464	$ 4,196,992	3,936,240	$ 4,196,992	3,967,980
Beginning balance (in shares)		152,967,441		152,967,441
Contributions	12,833			$ 15,457	15,016
Distributions	(34,148)		(14,646)	(49,363)	(26,728)
Proceeds from sale of common stock, net of transaction costs			44,820		44,820
Transaction costs	(138)			(214)
Repurchase of common units	(37,206)			(237,206)	(14,756)
Units withheld to satisfy tax withholding obligations					(693)
Declared distributions	(41,453)		(38,742)	(83,685)	(77,168)
Amortization of unit-based compensation	6,966		7,349	13,111	11,766
Net income (loss)	4,899		8,159	(979)	20,099
Other comprehensive income (loss)	(6,488)		2,626	(5,384)	5,470
Ending balance	$ 3,848,729	$ 3,943,464	3,945,806	$ 3,848,729	3,945,806
Ending balance (in shares)	143,455,600			143,455,600
Hudson Pacific Partners L.P. | Total Partners’ Capital
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,544,523	3,794,021	3,459,667	$ 3,794,021	3,500,971
Proceeds from sale of common stock, net of transaction costs			44,820		44,820
Transaction costs	(138)			(214)
Repurchase of common units	(37,206)			(237,206)	(14,756)
Units withheld to satisfy tax withholding obligations					(693)
Declared distributions	(41,453)		(38,742)	(83,685)	(77,168)
Amortization of unit-based compensation	6,966		7,349	13,111	11,766
Net income (loss)	(2,182)		2,610	(16,621)	7,920
Other comprehensive income (loss)	(6,488)		2,626	(5,384)	5,470
Ending balance	3,464,022	3,544,523	3,478,330	3,464,022	3,478,330
Hudson Pacific Partners L.P. | Preferred Units
Increase (Decrease) in Partners' Capital
Beginning balance	425,000	425,000	0	425,000	0
Declared distributions	(5,047)			(10,337)
Net income (loss)	5,047			10,337
Ending balance	425,000	425,000	0	425,000	0
Hudson Pacific Partners L.P. | Common units
Increase (Decrease) in Partners' Capital
Beginning balance	$ 3,120,198	$ 3,370,800	$ 3,465,069	$ 3,370,800	$ 3,509,217
Beginning balance (in shares)	146,405,432	152,967,441	152,142,255	152,967,441	152,722,448
Proceeds from sale of common stock, net of transaction costs			$ 44,820		$ 44,820
Proceeds from sale of common stock, net transaction costs (in shares)			1,526,163		1,526,163
Transaction costs	$ (138)			$ (214)
Issuance of unrestricted stock (in shares)	24,564		33,246	36,227	113,787
Repurchase of common units	$ (37,206)			$ (237,206)	$ (14,756)
Repurchase of common units (in shares)	(2,974,396)			(9,548,068)	(632,109)
Units withheld to satisfy tax withholding obligations					$ (693)
Units withheld to satisfy tax withholding obligations (in shares)			(956)		(29,581)
Declared distributions	$ (36,406)		$ (38,742)	$ (73,348)	$ (77,168)
Amortization of unit-based compensation	6,966		7,349	13,111	11,766
Net income (loss)	(7,229)		2,610	(26,958)	7,920
Ending balance	$ 3,046,185	$ 3,120,198	$ 3,481,106	$ 3,046,185	$ 3,481,106
Ending balance (in shares)	143,455,600	146,405,432	153,700,708	143,455,600	153,700,708
Hudson Pacific Partners L.P. | Accumulated Other Comprehensive Loss
Increase (Decrease) in Partners' Capital
Beginning balance	$ (675)	$ (1,779)	$ (5,402)	$ (1,779)	$ (8,246)
Other comprehensive income (loss)	(6,488)		2,626	(5,384)	5,470
Ending balance	(7,163)	(675)	(2,776)	(7,163)	(2,776)
Hudson Pacific Partners L.P. | Non-controlling Interest—Members in Consolidated Real Estate Entities
Increase (Decrease) in Partners' Capital
Beginning balance	398,941	402,971	476,573	402,971	467,009
Contributions	12,833			15,457	15,016
Distributions	(34,148)		(14,646)	(49,363)	(26,728)
Net income (loss)	7,081		5,549	15,642	12,179
Ending balance	$ 384,707	$ 398,941	$ 467,476	$ 384,707	$ 467,476

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS L.P. - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (4,069,000)	$ 18,441,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	183,631,000	166,939,000
Non-cash portion of interest expense	6,785,000	4,835,000
Amortization of stock-based compensation	11,322,000	9,878,000
Income from unconsolidated real estate entities	(2,083,000)	(1,105,000)
Unrealized loss (gain) on non-real estate investments	168,000	(10,793,000)
Straight-line rents	(27,621,000)	(13,114,000)
Straight-line rent expenses	844,000	737,000
Amortization of above- and below-market leases, net	(4,692,000)	(5,258,000)
Amortization of above- and below-market ground leases, net	1,355,000	1,175,000
Amortization of lease incentive costs	863,000	952,000
Distribution of income from unconsolidated entities	688,000	872,000
Impairment loss	23,753,000	0
Change in operating assets and liabilities:
Accounts receivable	9,744,000	5,624,000
Deferred leasing costs and lease intangibles	(9,807,000)	(8,867,000)
Prepaid expenses and other assets	(13,220,000)	(14,899,000)
Accounts payable, accrued liabilities and other	18,250,000	25,301,000
Security deposits and prepaid rent	(2,256,000)	(7,787,000)
Net cash provided by operating activities	190,142,000	172,931,000
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment in real estate	(113,605,000)	(191,005,000)
Property acquisitions	(87,970,000)	0
Maturities of U.S. Government securities	129,300,000	2,889,000
Contributions to non-real estate investments	(11,974,000)	(8,514,000)
Distributions from non-real estate investments	329,000	0
Distributions from unconsolidated real estate entities	883,000	908,000
Contributions to unconsolidated real estate entities	(14,892,000)	(8,325,000)
Additions to non-real estate property, plant and equipment	(6,325,000)	0
Net cash used in investing activities	(104,254,000)	(204,047,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	389,327,000	86,850,000
Payments of unsecured and secured debt	0	(313,000)
Payments of in-substance defeased debt	(1,815,000)	(1,736,000)
Proceeds from sale of common stock	0	44,820,000
Transaction costs	(214,000)	0
Repurchases of common stock	(34,688,000)	(14,756,000)
Accelerated share repurchase	(200,000,000)	0
Dividends paid to common stock and unitholders	(73,348,000)	(77,168,000)
Dividends paid to preferred stock and unitholders	(12,924,000)	(306,000)
Contributions from redeemable non-controlling members in consolidated real estate entities	375,000	1,543,000
Distributions to redeemable non-controlling members in consolidated real estate entities	(8,000)	(8,000)
Contributions from non-controlling members in consolidated real estate entities	15,457,000	15,016,000
Distributions to non-controlling members in consolidated real estate entities	(49,363,000)	(26,728,000)
Payments to satisfy tax withholding obligations	0	(693,000)
Net cash provided by financing activities	32,799,000	26,521,000
Net increase (decrease) in cash and cash equivalents and restricted cash	118,687,000	(4,595,000)
Cash and cash equivalents and restricted cash—beginning of period	196,876,000	149,540,000
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	315,563,000	144,945,000
Hudson Pacific Partners L.P.
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	(4,069,000)	18,441,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	183,631,000	166,939,000
Non-cash portion of interest expense	6,785,000	4,835,000
Amortization of stock-based compensation	11,322,000	9,878,000
Income from unconsolidated real estate entities	(2,083,000)	(1,105,000)
Unrealized loss (gain) on non-real estate investments	168,000	(10,793,000)
Straight-line rents	(27,621,000)	(13,114,000)
Straight-line rent expenses	844,000	737,000
Amortization of above- and below-market leases, net	(4,692,000)	(5,258,000)
Amortization of above- and below-market ground leases, net	1,355,000	1,175,000
Amortization of lease incentive costs	863,000	952,000
Distribution of income from unconsolidated entities	688,000	872,000
Gain on derivatives	(3,513,000)	0
Impairment loss	23,753,000	0
Change in operating assets and liabilities:
Accounts receivable	9,744,000	5,624,000
Deferred leasing costs and lease intangibles	(9,807,000)	(8,867,000)
Prepaid expenses and other assets	(13,220,000)	(14,899,000)
Accounts payable, accrued liabilities and other	18,250,000	25,301,000
Security deposits and prepaid rent	(2,256,000)	(7,787,000)
Net cash provided by operating activities	190,142,000	172,931,000
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment in real estate	(113,605,000)	(191,005,000)
Property acquisitions	(87,970,000)	0
Maturities of U.S. Government securities	129,300,000	2,889,000
Contributions to non-real estate investments	(11,974,000)	(8,514,000)
Distributions from non-real estate investments	329,000	0
Distributions from unconsolidated real estate entities	883,000	908,000
Contributions to unconsolidated real estate entities	(14,892,000)	(8,325,000)
Additions to non-real estate property, plant and equipment	(6,325,000)	0
Net cash used in investing activities	(104,254,000)	(204,047,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	389,327,000	86,850,000
Payments of unsecured and secured debt	0	(313,000)
Payments of in-substance defeased debt	(1,815,000)	(1,736,000)
Proceeds from sale of common stock	0	44,820,000
Transaction costs	(214,000)	0
Repurchases of common stock	(234,688,000)	(14,756,000)
Dividends paid to common stock and unitholders	(73,348,000)	(77,168,000)
Dividends paid to preferred stock and unitholders	(12,924,000)	(306,000)
Contributions from redeemable non-controlling members in consolidated real estate entities	375,000	1,543,000
Distributions to redeemable non-controlling members in consolidated real estate entities	(8,000)	(8,000)
Contributions from non-controlling members in consolidated real estate entities	15,457,000	15,016,000
Distributions to non-controlling members in consolidated real estate entities	(49,363,000)	(26,728,000)
Payments to satisfy tax withholding obligations	0	(693,000)
Net cash provided by financing activities	32,799,000	26,521,000
Net increase (decrease) in cash and cash equivalents and restricted cash	118,687,000	(4,595,000)
Cash and cash equivalents and restricted cash—beginning of period	196,876,000	149,540,000
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD	$ 315,563,000	$ 144,945,000

Organization

Organization	6 Months Ended
	Jun. 30, 2022
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 June 30, 2022: Segments Number of Properties Square Feet (unaudited) Consolidated portfolio Office 53 14,284,439 Studio 3 1,255,698 Land 6 2,512,242 Total consolidated portfolio 62 18,052,379 Unconsolidated portfolio (1) Office (2) 1 1,507,814 Studio (3) 1 241,000 Land (4) 2 1,617,347 Total unconsolidated portfolio 4 3,366,161 TOTAL (5) 66 21,418,540 _________________ 1. The Company owns 20% of the unconsolidated joint venture entity which owns the Bentall Centre property, 50% of the unconsolidated joint venture entity that owns the Sunset Glenoaks Studios 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 Bentall Centre. 3. Includes Sunset Glenoaks Studios. 4. Includes land for the Burrard Exchange at Bentall Centre and Sunset Waltham Cross Studios. 5. Includes repositioning, redevelopment, development and held for sale properties.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
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, 2022. The interim consolidated financial statements should be read in conjunction with the consolidated financial statements in the 2021 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. and the notes thereto. 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 June 30, 2022, the Company has determined that its operating partnership and 19 joint ventures met the definition of a VIE. 13 of these joint ventures are consolidated and six are unconsolidated. Consolidated Joint Ventures As of June 30, 2022, the operating partnership has determined that 13 of its joint ventures met the definition of a VIE and are consolidated: Entity Property Ownership Interest Hudson 1455 Market, L.P. 1455 Market 55.0 % Hudson 1099 Stewart, L.P. Hill7 55.0 % HPP-MAC WSP, LLC 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 1440 North Gower Street, LLC Sunset Gower Studios 51.0 % Sunset Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (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”). As of June 30, 2022 and December 31, 2021, 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 June 30, 2022, the Company has determined it is not the primary beneficiary of six of its joint ventures that are VIEs. Due to its significant influence over the unconsolidated entities, the Company accounts for them using the equity method of accounting. Under the equity method, the Company initially records the investment at cost and subsequently adjusts for equity in earnings or losses and cash contributions and distributions. 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 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 the valuation of performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates. Lease Accounting The Company accounts for its leases under ASC 842, which requires companies to identify lease and non-lease components of a lease agreement. Lease components relate to the right to use the leased asset whereas non-lease components relate to payments for goods or services that are transferred separately from the right to use the underlying asset. 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 makes an accounting policy election, by class of underlying asset, not to recognize ROU assets and lease liabilities. The Company recognizes lease expense for such leases generally on a straight-line basis over the lease term. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. ROU assets and 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 28 years as of June 30, 2022. 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 and other revenues Other revenues Parking revenue that is not associated with lease agreements and other Office and Studio segments: service and other revenues Sale of real estate Gains on sales derived from cash consideration less cost basis 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 six months ended June 30, 2022 and 2021: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Ancillary revenues $ 20,476 $ 7,093 $ 38,963 $ 14,633 Other revenues $ 5,277 $ 3,923 $ 11,204 $ 6,965 Studio-related tenant recoveries $ 403 $ 483 $ 916 $ 1,006 Management fee income $ 1,140 $ 797 $ 2,211 $ 1,645 Management services reimbursement income $ 1,068 $ 626 $ 2,176 $ 626 The following table summarizes the Company’s receivables that are accounted for under ASC 606 as of: June 30, 2022 December 31, 2021 Ancillary revenues $ 9,933 $ 7,381 Other revenues $ 1,669 $ 1,078 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 Goodwill is an unidentifiable intangible asset and is recognized as a residual, generally measured as the excess of consideration transferred in a business combination over the identifiable assets acquired and liabilities assumed. Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination. The Company tests its goodwill and indefinite-lived intangible assets for impairment at least annually, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Goodwill is tested for impairment at the reporting unit to which it is assigned, which can be an operating segment or one level below an operating segment. The Company has three operating segments: the management entity, Office and Studio. The management entity and the Office operating segments are each a reporting unit. Within the Studio operating segment, there are two reporting units: Studio Properties and Studio Services, the latter of which consists of the Zio and Star Waggons businesses acquired in the year ended December 31, 2021. The assessment of goodwill for impairment may initially be performed based on qualitative factors to determine if it is more likely than not that the fair value of the reporting unit is less than its carrying value, including goodwill. If so, a quantitative assessment is performed, and to the extent the carrying value of the reporting unit exceeds its fair value, impairment is recognized for the excess up to the amount of goodwill assigned to the reporting unit. Alternatively, the Company may bypass a qualitative

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combinations	Business Combinations On 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 and 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 22,543 — Total consideration $ 139,741 $ 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, of which $15.0 million has been paid through June 30, 2022. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective Acquisition Dates: Zio Star Waggons Cash and cash equivalents $ 1,084 $ 300 Accounts receivable 3,001 4,185 Prepaid expenses and other assets 1,509 1,605 Non-real estate property, plant and equipment 23,399 25,000 Intangible assets 41,670 33,480 Total assets acquired 70,663 64,570 Accounts payable, accrued liabilities and other $ 1,498 $ 1,913 Intangible liabilities — 110 Total liabilities assumed 1,498 2,023 Net identifiable assets acquired $ 69,165 $ 62,547 Goodwill 70,576 30,109 NET ASSETS ACQUIRED $ 139,741 $ 92,656 Of the $41.7 million of intangible assets acquired as part of the Zio acquisition, $8.5 million was 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 (seven-year useful life) and non-compete agreements of $3.0 million (five-year weighted-average useful life). The definite-lived intangible assets are subject to a weighted-average useful life of approximately seven years. Of the $33.5 million of intangible assets acquired as part of the Star Waggons acquisition, $8.6 million was assigned to the registered trade name, which is not subject to amortization. The remaining $24.9 million of acquired intangible assets includes

Investment in Real Estate

Investment in Real Estate	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Land $ 1,395,528 $ 1,313,385 Building and improvements 6,277,927 6,241,254 Tenant improvements 813,741 786,991 Furniture and fixtures 10,940 14,020 Property under development 64,204 5,827 INVESTMENT IN REAL ESTATE, AT COST $ 8,562,340 $ 8,361,477 Acquisitions of Real Estate On April 27, 2022, the Company completed its previously announced acquisition of Washington 1000, a fully entitled office development site in Seattle, Washington for a total purchase price of $85.6 million, before certain credits, prorations and closing costs. On May 19, 2022, the Company purchased a parcel of land at Sunset Gower Studios that was previously encumbered by a ground lease for a total purchase price of $22.0 million, before certain credits, prorations and closing costs. The following table represents the Company’s final purchase price accounting for the Washington 1000 and Sunset Gower Studios land acquisitions: Washington 1000 Sunset Gower Studios Land TOTAL ACQUISITION COST (1) $ 86,313 $ 22,156 Allocation of acquisition cost Land $ 59,987 $ 22,156 Building 11,053 — Parking easement (2) 15,273 — TOTAL $ 86,313 $ 22,156 _____________ 1. Includes capitalized transaction-related expenses. 2. Parking easement has an indefinite useful life and is recorded in deferred leasing costs and intangible assets, net on the Consolidated Balance Sheet. Impairment of Long-Lived Assets 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 three and six months ended June 30, 2022, the Company recorded $3.3 million and $15.3 million, respectively, of impairment charges related to the tangible and intangible assets of its Del Amo office property, which is classified as held for sale as of June 30, 2022 and December 31, 2021, due to a reduction in the estimated fair value of the property. The estimated fair value of $2.75 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 six months ended June 30, 2021. Dispositions of Real Estate The Company had no dispositions of real estate during the six months ended June 30, 2022 and 2021. Held for Sale The Company had four properties classified as held for sale as of June 30, 2022 and December 31, 2021. The properties were identified as non-strategic assets to the Company’s portfolio and are included in the Company’s Office segment. The following table summarizes the components of assets and liabilities associated with real estate held for sale as of June 30, 2022: Northview Center Skyway Landing Del Amo 6922 Hollywood ASSETS Investment in real estate, net $ 40,532 $ 89,922 $ 2,371 $ 91,402 Accounts receivable, net 179 99 — 52 Straight-line rent receivables, net 1,047 613 — 4,526 Deferred leasing costs and intangible assets, net 1,070 501 330 2,006 Prepaid expenses and other assets, net 19 44 8 120 ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 42,847 $ 91,179 $ 2,709 $ 98,106 LIABILITIES Accounts payable, accrued liabilities and other $ 94 $ 273 $ 14 $ 858 Intangible liabilities, net — — — 96 Security deposits and prepaid rent 913 408 — 416 LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 1,007 $ 681 $ 14 $ 1,370 The following table summarizes the components of assets and liabilities associated with real estate held for sale as of December 31, 2021: Northview Center Skyway Landing Del Amo 6922 Hollywood ASSETS Investment in real estate, net $ 40,338 $ 89,873 $ 15,213 $ 91,353 Accounts receivable, net 95 142 — 103 Straight-line rent receivables, net 901 1,659 — 4,714 Deferred leasing costs and intangible assets, net 751 450 2,742 1,999 Prepaid expenses and other assets, net — — — 187 ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 42,085 $ 92,124 $ 17,955 $ 98,356 LIABILITIES Accounts payable, accrued liabilities and other $ 184 $ 273 $ 12 $ 1,372 Intangible liabilities, net — — — 96 Security deposits and prepaid rent 395 1,205 — 361 LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 579 $ 1,478 $ 12 $ 1,829

Non-Real Estate Property, Plant

Non-Real Estate Property, Plant and Equipment, net	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Trailers $ 38,304 $ 35,181 Leasehold improvements 17,113 15,267 Trucks and other vehicles 12,953 12,204 Furniture, fixtures and equipment 5,718 4,592 Other equipment 4,125 4,605 Non-real estate property, plant and equipment, at cost 78,213 71,849 Accumulated depreciation (17,991) (13,380) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 60,222 $ 58,469 Non-real estate property, plant and equipment is carried at cost less accumulated depreciation. The Company computes depreciation using the straight-line method over the estimated useful lives of the assets, which range from 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 for non-real estate property, plant and equipment during the six months ended June 30, 2022 and 2021.

Investment in Unconsolidated Re

Investment in Unconsolidated Real Estate Entities	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Real Estate Entities	Investment in Unconsolidated Real Estate Entities The following table summarizes the Company’s investments in unconsolidated joint ventures: Property Property Type Submarket Ownership Interest Functional Currency Sunset Waltham Cross Studios Development Broxbourne, United Kingdom 35% Pound sterling (1) Sunset Glenoaks Studios Development Los Angeles 50% U.S. dollar (2) Bentall Centre Operating Property Downtown Vancouver 20% Canadian dollar (2)(4) __________________ 1. On July 29, 2021, the Company purchased 35% of the ownership interests in the joint venture that owns the Sunset Waltham Cross Studios development. The Company also owns 35% of the ownership interests in the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. 2. The Company serves as the operating member of this joint venture. 3. The Company has provided various guarantees for this joint venture’s construction loan, including a completion guarantee, equity guarantee and recourse carve-out guarantee. 4. The Company has guaranteed $102.7 million of this joint venture’s debt. The Company’s maximum exposure related to its unconsolidated joint ventures is limited to its investment. The Company’s investments in foreign real estate entities are subject to foreign currency fluctuation risk. Such investments are translated into U.S. dollars at the exchange rate in effect as of the financial statement date. The Company’s share of the income (loss) from foreign unconsolidated real estate entities is translated using the monthly-average exchange rate for the periods presented. Gains or losses resulting from the translation are classified in accumulated other comprehensive loss as a separate component of total equity and are excluded from net income. The Company held ownership interests in other immaterial unconsolidated joint ventures in the total of $0.3 million and $0.1 million as of June 30, 2022 and December 31, 2021, respectively. The table below presents the combined and condensed balance sheets for the Company’s unconsolidated joint ventures: June 30, 2022 December 31, 2021 ASSETS Investment in real estate, net $ 1,054,064 $ 1,048,593 Other assets 67,985 57,232 TOTAL ASSETS $ 1,122,049 $ 1,105,825 LIABILITIES Secured debt, net $ 524,041 $ 516,153 Other liabilities 45,554 40,307 TOTAL LIABILITIES 569,595 556,460 Company’s capital (1) 153,358 148,914 Partner’s capital 399,096 400,451 TOTAL CAPITAL 552,454 549,365 TOTAL LIABILITIES AND CAPITAL $ 1,122,049 $ 1,105,825 __________________ 1. To the extent the Company’s cost basis is different from the basis reflected at the joint venture level, the basis is amortized over the life of the related asset and is included in the income from unconsolidated real estate entities line item on the Consolidated Statements of Operations. The table below presents the combined and condensed statements of operations for the Company’s unconsolidated joint ventures: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2021 2020 TOTAL REVENUES $ 26,915 $ 20,041 $ 46,447 $ 39,427 TOTAL EXPENSES 17,873 17,728 35,651 33,972 NET INCOME $ 9,042 $ 2,313 $ 10,796 $ 5,455

Deferred Leasing Costs and Inta

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Deferred leasing costs and in-place lease intangibles $ 335,758 $ 331,149 Accumulated amortization (137,063) (126,423) Deferred leasing costs and in-place lease intangibles, net 198,695 204,726 Below-market ground leases 79,562 79,562 Accumulated amortization (16,603) (15,233) Below-market ground leases, net 62,959 64,329 Above-market leases 725 1,334 Accumulated amortization (270) (782) Above-market leases, net 455 552 Customer relationships 52,500 52,500 Accumulated amortization (6,434) (2,684) Customer relationships, net 46,066 49,816 Non-competition agreements 5,300 5,300 Accumulated amortization (909) (379) Non-competition agreements, net 4,391 4,921 Trade name 8,600 17,100 Parking easement 15,273 — DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 336,439 $ 341,444 Below-market leases $ 63,278 $ 75,827 Accumulated amortization (26,560) (34,326) Below-market leases, net 36,718 41,501 Above-market ground leases 1,095 1,095 Accumulated amortization (328) (306) Above-market ground leases, net 767 789 INTANGIBLE LIABILITIES, NET $ 37,485 $ 42,290 The Company recognized the following amortization related to deferred leasing costs and intangibles: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Deferred leasing costs and in-place lease intangibles (1) $ (9,788) $ (11,654) $ (20,207) $ (23,221) Below-market ground leases (2) $ (698) $ (598) $ (1,377) $ (1,197) Above-market leases (3) $ (23) $ (76) $ (91) $ (500) Customer relationships (4) $ (1,875) $ — $ (3,750) $ — Non-competition agreements (1) $ (265) $ — $ (530) $ — Below-market leases (3) $ 1,976 $ 2,815 $ 4,783 $ 5,758 Above-market ground leases (2) $ 11 $ 11 $ 22 $ 22 __________________ 1. Amortization is recorded in depreciation and amortization expenses and for lease incentive costs in office rental revenues in the Consolidated Statements of Operations. 2. Amortization is recorded in office operating expenses in the Consolidated Statements of Operations. 3. Amortization is recorded in office rental revenues in the Consolidated Statements of Operations. During the six months ended June 30, 2022, the Company recognized an $8.5 million impairment of the Zio trade name within impairment loss on the Consolidated Statement of Operations. The impairment is related to the announced rebranding and integration of Zio into the Company’s existing Sunset Studios platform, after which the Company will no longer use the Zio trade name. During the three and six months ended June 30, 2022, the Company recognized an impairment loss of $0.5 million and $2.4 million, respectively, related to the below-market ground lease at its Del Amo office property. See Note 4 for details. The loss is recorded within impairment loss on the Consolidated Statements of Operations.

Receivables

Receivables	6 Months Ended
	Jun. 30, 2022
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 2021 Annual Report on Form 10-K. Accounts Receivable As of June 30, 2022, accounts receivable was $15.8 million and there was a $0.2 million allowance for doubtful accounts. As of December 31, 2021, accounts receivable was $25.5 million and there was $0.2 million allowance for doubtful accounts. Straight-Line Rent Receivables As of June 30, 2022, straight-line rent receivables was $269.0 million and there was no allowance for doubtful accounts. As of December 31, 2021, straight-line rent receivables was $240.3 million and there was no allowance for doubtful accounts.

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets, net	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Deposits and pre-development costs for future acquisitions $ — $ 47,605 Prepaid insurance 16,830 5,442 Non-real estate investments 44,302 31,447 Stock purchase warrant 286 1,664 Deferred financing costs 6,805 7,750 Prepaid property tax — 2,192 Interest rate derivative assets 4,411 368 Inventory 1,981 1,578 Other 24,536 20,954 PREPAID EXPENSES AND OTHER ASSETS, NET $ 99,151 $ 119,000 Non-Real Estate Investments The Company measures its investments in common stock and convertible preferred stock at fair value based on Level 1 and Level 2 inputs, respectively. The Company measures its investments in funds that do not have a readily determinable fair value using the Net Asset Value (“NAV”) practical expedient and uses NAV reported without adjustment unless it is aware of information indicating the NAV reported does not accurately reflect the fair value of the investment. Changes in the fair value of these non-real estate investments are included in unrealized (loss) gain on non-real estate investments on the Consolidated Statements of Operations. The Company recognized an unrealized loss of $1.4 million and an unrealized gain of $1.2 million on its non-real estate investments due to the observable changes in fair value during the three and six months ended June 30, 2022, respectively. The Company recognized an unrealized gain of $5.1 million and $9.0 million on its non-real estate investments due to the observable changes in fair value during the three and six months ended June 30, 2021, respectively. Stock Purchase Warrant

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	Debt The following table sets forth information with respect to the Company’s outstanding indebtedness: June 30, 2022 December 31, 2021 Interest Rate (1) Contractual Maturity Date (2) UNSECURED AND SECURED DEBT Unsecured debt Unsecured revolving credit facility (3)(4)(5) $ 485,000 $ 125,000 LIBOR + 1.05% to 1.50% 12/21/2026 (6) Series A notes (7) 110,000 110,000 4.34% 1/2/2023 Series B notes (7) 259,000 259,000 4.69% 12/16/2025 Series C notes (7) 56,000 56,000 4.79% 12/16/2027 Series D notes (8) 150,000 150,000 3.98% 7/6/2026 Series E notes (9) 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 2,410,000 2,050,000 Secured debt Hollywood Media Portfolio $ 1,100,000 $ 1,100,000 LIBOR + 1.17% 8/9/2026 (10) Acquired Hollywood Media Portfolio debt (209,814) (209,814) LIBOR + 1.55% 8/9/2026 (10) Hollywood Media Portfolio, net (11)(12) 890,186 890,186 One Westside and 10850 Pico (13) 270,714 241,388 LIBOR + 1.70% 12/18/2024 (14) Element LA 168,000 168,000 4.59% 11/6/2025 1918 Eighth (15) 314,300 314,300 LIBOR + 1.30% 12/18/2025 Hill7 (16) 101,000 101,000 3.38% 11/6/2028 Total secured debt 1,744,200 1,714,874 Total unsecured and secured debt 4,154,200 3,764,874 Unamortized deferred financing costs/loan discounts (17) (25,166) (30,971) TOTAL UNSECURED AND SECURED DEBT, NET $ 4,129,034 $ 3,733,903 IN-SUBSTANCE DEFEASED DEBT (18)(19) $ 126,397 $ 128,212 4.47% 10/1/2022 JOINT VENTURE PARTNER DEBT (20) $ 66,136 $ 66,136 4.50% 10/9/2032 (21) _________________ 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 June 30, 2022, which may be different than the interest rates as of December 31, 2021 for corresponding indebtedness. 2. Maturity dates include the effect of extension options. 3. The annual facility fee rate ranges from 0.15% to 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 June 30, 2022, no such election had been made and the unsecured revolving credit facility bore interest at LIBOR + 1.20%. 4. The Company has a total capacity of $1.0 billion available under its unsecured revolving credit facility, up to $250.0 million of which can be used for borrowings in pounds sterling or Canadian dollars. 5. On July 19, 2022, the Company made a $20.0 million repayment on this facility. 6. Includes the option to extend the initial maturity date of December 21, 2025 twice for an additional six-month term each. 7. The notes pay interest semi-annually on the 16th day of June and December in each year until maturity. 8. The notes pay interest semi-annually on the 6th day of January and July in each year until maturity. 9. The notes pay interest semi-annually on the 15th day of March and September in each year until maturity. 10. Includes the option to extend the initial maturity date of August 9, 2023 three times for an additional one-year term each. 11. The Company owns 51% of the ownership interests 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. 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. 12. The interest rate on a portion of the outstanding loan balance has been effectively fixed through the use of an interest rate swap under the first payments approach. As of June 30, 2022, the LIBOR component of the interest rate was fixed at 1.43% with respect to $125.0 million of the loan secured by the Hollywood Media Portfolio. Additionally, the interest on the full principal amount has been effectively capped at 4.67% per annum through the use of an interest rate cap. 13. 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. 14. Includes the option to extend the initial maturity date of December 18, 2023 twice for an additional six-month term each. 15. The Company owns 55% of the ownership interests 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. 16. The Company owns 55% of the ownership interests 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. 17. 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. 18. The Company owns 75% of the ownership interests 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. 19. This loan was repaid in full on July 1, 2022. 20. 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. 21. Includes the option to extend the initial maturity date of October 9, 2028 twice for an additional two-year term each. Current Year Activity During the six months ended June 30, 2022, there were $360.0 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. Indebtedness The Company presents its financial statements on a consolidated basis. Notwithstanding such presentation, except to the extent expressly indicated, the Company’s separate property-owning subsidiaries are not obligors of or under the debt of their respective affiliates and each property-owning subsidiary’s separate liabilities do not constitute obligations of its respective affiliates. Loan agreements include events of default that the Company believes are usual for loans and transactions of this type. As of the date of this filing, there have been no events of default associated with the Company’s loans. The following table provides information regarding the Company’s future minimum principal payments due on the Company’s debt (after the impact of extension options, if applicable) as of June 30, 2022: Year Unsecured and Secured Debt In-substance Defeased Debt (1) Joint Venture Partner Debt Remaining 2022 $ — $ 126,397 $ — 2023 160,000 — — 2024 270,714 — — 2025 741,300 — — 2026 1,525,186 — — Thereafter 1,457,000 — 66,136 TOTAL $ 4,154,200 $ 126,397 $ 66,136 _________________ 1. This loan was repaid in full on July 1, 2022. 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 June 30, 2022 related to our 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% 41.9% Unsecured indebtedness to unencumbered asset value ≤ 60% 39.2% Adjusted EBITDA to fixed charges ≥ 1.5x 3.4x Secured indebtedness to total asset value ≤ 45% 18.8% Unencumbered NOI to unsecured interest expense ≥ 2.0x 3.7x The following table summarizes existing covenants and their covenant levels related to the registered senior notes as of June 30, 2022: Covenant Ratio (1) Covenant Level Actual Performance Debt to total assets ≤ 60% 44.6% Total unencumbered assets to unsecured debt ≥ 150% 255.2% Consolidated income available for debt service to annual debt service charge ≥ 1.5x 3.7x Secured debt to total assets ≤ 45% 19.4% _________________ 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 June 30, 2022. 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 Gross interest expense (1) $ 33,916 $ 33,889 $ 64,647 $ 67,429 Capitalized interest (3,592) (5,618) (6,877) (11,289) Amortization of deferred financing costs and loan discounts/premiums 3,395 2,418 6,785 4,835 INTEREST EXPENSE $ 33,719 $ 30,689 $ 64,555 $ 60,975 _________________ 1. Includes interest on the Company’s debt and hedging activities.

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company enters into derivatives in order to hedge interest rate risk. The Company had one interest rate swap with an aggregate notional amount of $0.1 billion as of June 30, 2022 and three interest rate swaps with aggregate notional amounts of $0.5 billion as of December 31, 2021. 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 of $1.1 billion as of June 30, 2022 and December 31, 2021. The interest rate cap is not designated under hedge accounting and is accounted for under mark-to-market accounting. Derivative assets are recorded in prepaid expenses and other assets and derivative liabilities are recorded in accounts payable, accrued liabilities and other on the Consolidated Balance Sheets. The Company has agreements with its derivative counterparties that contain a provision where the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company’s default on the indebtedness. The Company’s derivatives are classified as Level 2 and their fair values are derived from estimated values obtained from observable market data for similar instruments. The fair market value of derivatives is presented on a gross basis on the Consolidated Balance Sheets. The following table summarizes the Company’s derivative instruments as of June 30, 2022 and December 31, 2021: Interest Rate Range (1) Fair Value Assets (Liabilities) Underlying Debt Instrument Number of Derivatives Notional Amount Effective Date Maturity Date Low High June 30, 2022 December 31, 2021 Interest rate swaps Hollywood Media Portfolio (2) 2 $ 350,000 April 2015 April 2022 2.96% 3.46% $ — $ (1,413) Hollywood Media Portfolio (2) 1 125,000 June 2016 November 2022 2.63% 3.13% 496 (1,122) Interest rate cap Strike rate Hollywood Media Portfolio 1 1,100,000 August 2021 August 2023 3.50% $ 3,915 368 TOTAL $ 4,411 $ (2,167) _____________ 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. 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 June 30, 2022, the Company expects $0.3 million of unrealized gain included in accumulated other comprehensive loss will be reclassified as a decrease to interest expense in the next 12 months.

U.S. Government Securities

U.S. Government Securities	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
U.S. Government Securities	U.S. Government SecuritiesThe 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 were held to maturity and were carried at amortized cost on the Consolidated Balance Sheet. The remaining securities matured during the three months ended June 30, 2022, resulting in a balance of $0 as of June 30, 2022, as compared to a balance of $129.3 million as of December 31, 2021.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
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, the Company owns its interest in the property through a non-U.S entity treated as a TRS 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 June 30, 2022, 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 2017. The Company has assessed its tax positions for all open years, which as of June 30, 2022 included 2018 to 2020 for federal purposes and 2017 to 2020 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	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Future Minimum Rents and Lease Payments	Future Minimum Rents and Lease Payments The Company’s properties are leased to tenants under operating leases with initial term expiration dates ranging from 2022 to 2040. 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 June 30, 2022: Year Ended Non-cancellable Subject to Early Termination Options Total (1) Remaining 2022 $ 325,859 $ 2,084 $ 327,943 2023 630,153 2,252 632,405 2024 566,960 4,928 571,888 2025 421,529 40,735 462,264 2026 357,658 53,424 411,082 Thereafter 1,346,758 187,697 1,534,455 TOTAL $ 3,648,917 $ 291,120 $ 3,940,037 _____________ 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, four facility leases and three office leases as of June 30, 2022. 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 June 30, 2022, the present value of the remaining contractual payments of $641.9 million under the Company’s operating lease agreements was $307.1 million. The corresponding operating lease right-of-use assets amounted to $299.7 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 June 30, 2022: Year Lease Payments (1) Remaining 2022 $ 11,398 2023 22,729 2024 22,721 2025 22,758 2026 22,449 Thereafter 539,799 Total operating lease payments 641,854 Less: interest portion (334,782) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 307,072 _____________ 1. Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date. The following table summarizes rental expense for operating leases: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Variable rental expense $ 2,381 $ 2,494 $ 4,486 $ 5,108 Minimum rental expense $ 6,131 $ 5,551 $ 12,281 $ 10,542
Future Minimum Rents and Lease Payments	Future Minimum Rents and Lease Payments The Company’s properties are leased to tenants under operating leases with initial term expiration dates ranging from 2022 to 2040. 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 June 30, 2022: Year Ended Non-cancellable Subject to Early Termination Options Total (1) Remaining 2022 $ 325,859 $ 2,084 $ 327,943 2023 630,153 2,252 632,405 2024 566,960 4,928 571,888 2025 421,529 40,735 462,264 2026 357,658 53,424 411,082 Thereafter 1,346,758 187,697 1,534,455 TOTAL $ 3,648,917 $ 291,120 $ 3,940,037 _____________ 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, four facility leases and three office leases as of June 30, 2022. 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 June 30, 2022, the present value of the remaining contractual payments of $641.9 million under the Company’s operating lease agreements was $307.1 million. The corresponding operating lease right-of-use assets amounted to $299.7 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 June 30, 2022: Year Lease Payments (1) Remaining 2022 $ 11,398 2023 22,729 2024 22,721 2025 22,758 2026 22,449 Thereafter 539,799 Total operating lease payments 641,854 Less: interest portion (334,782) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 307,072 _____________ 1. Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date. The following table summarizes rental expense for operating leases: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Variable rental expense $ 2,381 $ 2,494 $ 4,486 $ 5,108 Minimum rental expense $ 6,131 $ 5,551 $ 12,281 $ 10,542

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate derivative assets (1) $ — $ 4,411 $ — $ 4,411 $ — $ 368 $ — $ 368 Interest rate derivative liabilities (2) $ — $ — $ — $ — $ — $ (2,535) $ — $ (2,535) Non-real estate investments measured at fair value (1) $ 437 $ 25 $ — $ 462 $ 1,915 $ 1,568 $ — $ 3,483 Stock purchase warrant (1) $ — $ 286 $ — $ 286 $ — $ 1,664 $ — $ 1,664 Earnout liability (2)(3) $ — $ — $ (7,543) $ (7,543) $ — $ — $ (11,383) $ (11,383) Non-real estate investments measured at NAV (1)(4) $ — $ — $ — $ 43,840 $ — $ — $ — $ 27,964 ___________ 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 items include 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 an interest rate cap and swaps which are valued on a quarterly basis using a linear regression model, as well as investments in preferred stock and warrants of a publicly traded company value which are valued on a quarterly basis using the closing stock price and a Black-Scholes model, respectively. Level 3 items include the earnout liability which is valued on a quarterly basis using a probability-weighted discounted cash flow model. Inputs to the model include the discount rate and probability-weighted earnout payments based on a Monte Carlo simulation with one million trials. Fair value measurement using unobservable inputs is inherently uncertain, and a change in significant inputs could result in different fair values. 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: June 30, 2022 December 31, 2021 Carrying Value Fair Value Carrying Value Fair Value ASSETS U.S. Government securities $ — $ — $ 129,321 $ 130,910 LIABILITIES Unsecured debt (1) $ 2,410,000 $ 2,290,283 $ 2,050,000 $ 2,154,908 Secured debt (1) $ 1,744,200 $ 1,736,203 $ 1,714,874 $ 1,713,726 In-substance defeased debt $ 126,397 $ 126,254 $ 128,212 $ 128,361 Joint venture partner debt $ 66,136 $ 63,569 $ 66,136 $ 69,116 _________________ 1. Amounts represent debt excluding unamortized deferred financing costs and loan premiums.

Stock-based Compensation

Stock-based Compensation	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-Based CompensationThe Company’s 2010 Incentive Plan permits the Company’s board of directors (the “Board”) to grant, among other things, restricted stock, restricted stock units, operating partnership performance units and performance-based awards. As of June 30, 2022, 7.2 million common shares were available for grant under the 2010 Plan. The calculation of shares available for grant is determined after taking into account unvested restricted stock, unvested operating partnership performance units and unvested RSUs, assuming the maximum bonus pool eligible ultimately is earned and based on a stock price of $14.84. 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 an executive officer. Lastly, certain employees elect to receive operating partnership performance units in lieu of their annual cash bonus. These awards are generally issued in the fourth quarter and are fully-vested upon their issuance. Beginning in 2020, the compensation committee of the Board (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 FTSE NAREIT All Equity REITs index over a three-year performance period, with the vesting percentage subject to certain percentage targets. The remaining portion of each award, the Operational Performance Unit, becomes eligible to vest based on the achievement of operational performance metrics over a one-year performance period and vests over three years. The number of Operational Performance Units that becomes eligible to vest based on the achievement of operational performance metrics may be adjusted based on the Company’s achievement of absolute TSR goals over a three-year performance period by applying the applicable vesting percentages. 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 Expensed stock compensation (1) $ 5,993 $ 6,340 $ 11,322 $ 9,878 Capitalized stock compensation (2) 973 1,009 1,789 1,888 TOTAL STOCK COMPENSATION (3) $ 6,966 $ 7,349 $ 13,111 $ 11,766 _________________ 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	6 Months Ended
	Jun. 30, 2022
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 six months ended June 30, 2022 and 2021, both methods of calculation yielded the same diluted earnings per share amount. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, where such exercise or conversion would result in a lower earnings per share amount. The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share to net (loss) income available to common stockholders: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Basic net (loss) income available to common stockholders $ (7,436) $ 2,315 $ (27,229) $ 7,297 Effect of dilutive instruments — 18 — — Diluted net (loss) income available to common stockholders $ (7,436) $ 2,333 $ (27,229) $ 7,297 Denominator: Basic weighted average common shares outstanding 143,816,698 151,169,612 146,487,388 150,997,564 Effect of dilutive instruments (1)(2) — 1,513,851 — 305,281 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 143,816,698 152,683,463 146,487,388 151,302,845 Basic earnings per common share $ (0.05) $ 0.02 $ (0.19) $ 0.05 Diluted earnings per common share $ (0.05) $ 0.02 $ (0.19) $ 0.05 ________________ 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. 2. The Company includes the dilutive effect of the forward sale component of its accelerated share repurchase agreements in the computation of diluted earnings per share. 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 six months ended June 30, 2022 and 2021, both methods of calculation yielded the same diluted earnings per unit amount. Diluted earnings per unit reflects the potential dilution that could occur if securities or other contracts to issue common units were exercised or converted into common units, where such exercise or conversion would result in a lower earnings per unit amount. The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit to net (loss) income available to common unitholders: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Basic and diluted net (loss) income available to common unitholders $ (7,529) $ 2,334 $ (27,552) $ 7,366 Denominator: Basic weighted average common units outstanding 145,662,962 152,551,236 148,332,424 152,369,823 Effect of dilutive instruments (1)(2) — 132,227 — 305,281 DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING 145,662,962 152,683,463 148,332,424 152,675,104 Basic earnings per common unit $ (0.05) $ 0.02 $ (0.19) $ 0.05 Diluted earnings per common unit $ (0.05) $ 0.02 $ (0.19) $ 0.05 ________________ 1. The operating partnership includes unvested awards as contingently issuable units in the computation of diluted earnings per unit once the market or performance criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per unit calculation. 2. The Company includes the dilutive effect of the forward sale component of its accelerated share repurchase agreements in the computation of diluted earnings per unit.

Redeemable Non-Controlling Inte

Redeemable Non-Controlling Interest	6 Months Ended
	Jun. 30, 2022
Temporary Equity Disclosure [Abstract]
Redeemable Non-Controlling Interest	Redeemable Non-controlling Interest Redeemable Preferred Units of the Operating Partnership As of June 30, 2022 and December 31, 2021, there were 392,598 Series A preferred units of partnership interest in the operating partnership, or Series A preferred units, which are not owned by the Company. These Series A preferred units are entitled to preferential distributions at a rate of 6.25% per annum on the liquidation preference of $25.00 per unit. The units are convertible at the option of the holder into common units or redeemable into cash or, at the Company’s election, exchangeable for registered shares of common stock. Redeemable Non-controlling Interest in Consolidated Real Estate Entities On March 1, 2018, the Company entered into a joint venture agreement with Macerich to form the HPP-MAC JV. On August 31, 2018, Macerich contributed Westside Pavilion to the HPP-MAC JV. The Company has a 75% interest in the joint venture that owns the One Westside and 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 June 30, 2022 Six Months Ended June 30, 2022 Series A Redeemable Preferred Units Consolidated Real Estate Entities Series A Redeemable Preferred Units Consolidated Real Estate Entities BEGINNING OF PERIOD $ 9,815 $ 127,684 $ 9,815 $ 129,449 Contributions — 250 — 375 Distributions — (8) — (8) Declared dividend (153) — (306) — Net income (loss) 153 (1,506) 306 (3,396) END OF PERIOD $ 9,815 $ 126,420 $ 9,815 $ 126,420

Equity

Equity	6 Months Ended
	Jun. 30, 2022
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, 2021 $ (3,957) $ 2,196 $ (1,761) Unrealized gains (losses) recognized in OCI 4,480 (8,301) (3,821) Reclassification from OCI into income (1) (1,469) — (1,469) Net change in OCI 3,011 (8,301) (5,290) BALANCE AT JUNE 30, 2022 $ (946) $ (6,105) $ (7,051) _____________ 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, 2021 $ (3,954) $ 2,175 $ (1,779) Unrealized gains (losses) recognized in OCI 4,560 (8,449) (3,889) Reclassification from OCI into income (1) (1,495) — (1,495) Net change in OCI 3,065 (8,449) (5,384) BALANCE AT JUNE 30, 2022 $ (889) $ (6,274) $ (7,163) _____________ 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. Ownership Interest in the Operating Partnership The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of: June 30, 2022 December 31, 2021 Company-owned common units in the operating partnership 141,609,336 151,124,543 Company’s ownership interest percentage 98.7 % 98.8 % Non-controlling common units in the operating partnership (1) 1,846,264 1,842,898 Non-controlling ownership interest percentage 1.3 % 1.2 % _________________ 1. Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of June 30, 2022, this amount represents both common units and performance units of 550,969 and 1,295,295, respectively. As of December 31, 2021, this amount represents both common units and performance units in the amount of 550,969 and 1,291,929, respectively. Common Stock Activity The Company has not completed any common stock offerings during the six months ended June 30, 2022. The Company’s ATM program permits sales of up to $125.0 million of common stock. The Company did not utilize the ATM program during the six months ended June 30, 2022. A cumulative total of $65.8 million has been sold as of June 30, 2022. Share Repurchase Program The Company is authorized to repurchase shares of its common stock up to a total of $250.0 million of its common stock under the share repurchase program. During the six months ended June 30, 2022, the Company repurchased $37.2 million of its common stock, before transaction costs. Since commencement of the program, a cumulative total of $213.4 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. Accelerated Share Repurchase Agreements On February 25, 2022, the Company entered into an uncollared accelerated share repurchase (“ASR”) agreement to purchase $100 million of its outstanding common stock. During the first quarter 2022, the Company made an initial payment of $100 million and received an initial delivery of approximately 3.3 million shares of common stock representing 85% of the total $100 million agreement based on the closing price of our common stock on the transaction date. Final settlement of the agreement occurred during the second quarter 2022, resulting in the receipt of an additional 0.9 million shares of common stock based on an adjusted daily volume-weighted average price of $23.90 during the measurement period. On February 25, 2022, the Company entered into a collared ASR agreement to purchase $100 million of its outstanding common stock. During the six months ended June 30, 2022, the Company made an initial payment of $100 million and received an initial delivery of approximately 3.3 million shares of common stock based on an estimated cap price calculated using the daily volume-weighted average price during an initial hedge period. Final settlement of the agreement occurred subsequent to June 30, 2022, resulting in the receipt of an additional 0.7 million shares of common stock based on a floor price of $25.35. At the conclusion of the ASR program in July 2022, a total of 8.1 million shares had been repurchased at an average price of $24.60. As of June 30, 2022, the forward sale component of the ASR agreements is classified as equity due to the Company’s option to settle its potential obligation to deliver additional shares of common stock in the form of either cash or net shares. Series C Cumulative Redeemable Preferred Stock Series C cumulative redeemable preferred stock relates to the 17,000,000 shares of our Series C preferred stock, $0.01 par value per share. Holders of Series C preferred stock, when and as authorized by the board of directors of the Company, are entitled to cumulative cash dividends at the rate of 4.750% per annum of the $25.00 per share, equivalent to $1.1875 per annum per share. Dividends are payable quarterly in arrears on or about the last day of December, March, June and September of each year. In addition to other preferential rights, the holders of Series C preferred stock are entitled to receive the liquidation preference, which is $25.00 per share, before the holders of common stock in the event of any voluntary or involuntary liquidation, dissolution or winding-up of the Company’s affairs. Generally, shares of Series C preferred stock are not redeemable by the Company prior to November 16, 2026. However, upon the occurrence of a change of control, holders of the Series C preferred stock will have the right, (unless the Company has elected to redeem the Series C preferred stock) to convert into a specified number of shares of common stock. 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 per share declared and paid for the periods presented: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Common stock $ 0.25 $ 0.25 $ 0.50 $ 0.50 Common units $ 0.25 $ 0.25 $ 0.50 $ 0.50 Series A preferred units $ 0.3906 $ 0.3906 $ 0.7812 $ 0.7812 Series C preferred stock (1) $ 0.2968750 $ — $ 0.7421875 $ — Performance units $ 0.25 $ 0.25 $ 0.50 $ 0.50 Payment date June 30, 2022 June 28, 2021 N/A N/A Record date June 20, 2022 June 18, 2021 N/A N/A _________________ 1. Dividends paid during the six months ended June 30, 2022 include a $0.2968750 per share dividend declared and paid in each of the first and second quarters 2022 and a $0.1484375 per share dividend declared during the fourth quarter of 2021. Taxability of Dividends Earnings and profits, which determine the taxability of distributions to stockholders, may differ from income reported for financial reporting purposes due to the differences for federal income tax purposes in the treatment of loss on extinguishment of debt, revenue recognition, compensation expense and the basis of depreciable assets and estimated useful lives used to compute depreciation.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Reporting	Segment ReportingThe Company’s reporting segments are based on the Company’s method of internal reporting, which classifies its operations into two reportable segments: (i) office properties and related operations and (ii) studio properties and related operations. The Company evaluates performance based upon net operating income of the segment operations. General and administrative expenses and interest expense are not included in segment profit as the Company’s internal reporting addresses these items on a corporate level. Asset information by segment is not reported because the Company does not use this measure to assess performance or make decisions to allocate resources; therefore, depreciation and amortization expense is not allocated among segments. The table below presents the operating activity of the Company’s reportable segments: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Office segment Office revenues $ 216,244 $ 195,703 $ 427,644 $ 387,846 Office expenses (78,558) (69,111) (152,189) (135,673) Office segment profit 137,686 126,592 275,455 252,173 Studio segment Studio revenues 35,186 19,899 68,299 40,875 Studio expenses (20,686) (12,466) (39,669) (23,919) Studio segment profit 14,500 7,433 28,630 16,956 TOTAL SEGMENT PROFIT $ 152,186 $ 134,025 $ 304,085 $ 269,129 Segment revenues $ 251,430 $ 215,602 $ 495,943 $ 428,721 Segment expenses (99,244) (81,577) (191,858) (159,592) TOTAL SEGMENT PROFIT $ 152,186 $ 134,025 $ 304,085 $ 269,129 The table below is a reconciliation of the total profit from all segments to net income: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 NET INCOME (LOSS) $ 3,546 $ 7,030 $ (4,069) $ 18,441 General and administrative 21,871 17,109 42,383 35,558 Depreciation and amortization 91,438 84,178 183,631 166,939 Income from unconsolidated real estate entities (1,780) (470) (2,083) (1,105) Fee income (1,140) (797) (2,211) (1,645) Interest expense 33,719 30,689 64,555 60,975 Interest income (920) (937) (1,830) (1,934) Management services reimbursement income—unconsolidated real estate entities (1,068) (626) (2,176) (626) Management services expense—unconsolidated real estate entities 1,068 626 2,176 626 Transaction-related expenses 1,126 1,064 1,382 1,064 Unrealized loss (gain) on non-real estate investments 1,818 (5,018) 168 (10,793) Impairment loss 3,250 — 23,753 — Other (income) expense (742) 1,177 (1,594) 1,629 TOTAL PROFIT FROM ALL SEGMENTS $ 152,186 $ 134,025 $ 304,085 $ 269,129

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Employment Agreements The Company has entered into employment agreements with certain of its executive officers, effective January 1, 2020, that provide for various severance and change in control benefits and other terms and conditions of employment. Cost Reimbursements from Unconsolidated Real Estate Entities The Company is reimbursed for certain costs incurred in managing certain of its unconsolidated real estate entities. During the three and six months ended June 30, 2022, the Company recognized $1.1 million and $2.2 million, respectively, of such reimbursement income in management services reimbursement income—unconsolidated real estate entities on the Consolidated Statement of Operations. During the three and six months ended June 30, 2021, the Company recognized $0.6 million of such reimbursement income. 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 June 30, 2022, the Company’s right-of-use assets and lease liabilities related to these lease obligations were $6.8 million and $6.9 million, respectively, as compared to right-of-use assets and lease liabilities of $6.0 million and $6.1 million, respectively, as of June 30, 2021. During the three and six months ended June 30, 2022, the Company recognized $0.3 million and $0.5 million, respectively, of related rental expense in management services expense—unconsolidated real estate entities on the Consolidated Statement of Operations related to these leases. During the three and six months ended June 30, 2021, the Company recognized $0.6 million of related rental expense.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Fund Investments On April 14, 2022, the Company launched EquiBlue, an investing platform that seeks to leverage commercial real estate to holistically provide economic opportunity and upward mobility for women and people of color. As sponsor, the Company and its strategic partner have collectively committed to contributing at least 20% of the total capital commitment for EquiBlue’s initial fund, which is targeted at $300.0 million. The Company invests in several non-real estate funds with an aggregate commitment to contribute up to $48.0 million. As of June 30, 2022, the Company has contributed $28.0 million to these funds, net of distributions, with $20.0 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 June 30, 2022, 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 June 30, 2022, the Company had $3.1 million in outstanding letters of credit under the unsecured revolving credit facility. The letters of credit are primarily related to utility company security deposit requirements. Contractual Obligations The Company has entered into a number of construction agreements related to its development activities at various properties and its obligations under executed leases. As of June 30, 2022, the Company had $322.1 million in related commitments.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2022
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: Six Months Ended June 30, 2022 2021 Cash paid for interest, net of capitalized interest $ 56,467 $ 56,034 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 185,823 $ 134,516 Ground lease remeasurement $ 23,177 $ — Lease liabilities recorded in connection with right-of-use assets $ 2,377 $ 6,688 Accrued liability for common stock repurchases settled after quarter-end $ 2,518 $ — Supplemental cash flow information for Hudson Pacific Properties, L.P. is included as follows: Six Months Ended June 30, 2022 2021 Cash paid for interest, net of capitalized interest $ 56,467 $ 56,034 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 185,823 $ 134,516 Ground lease remeasurement $ 23,177 $ — Lease liabilities recorded in connection with right-of-use assets $ 2,377 $ 6,688 Accrued liability for common unit repurchases settled after quarter-end $ 2,518 $ — 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: Six Months Ended June 30, 2022 2021 BEGINNING OF PERIOD Cash and cash equivalents $ 96,555 $ 113,686 Restricted cash 100,321 35,854 TOTAL $ 196,876 $ 149,540 END OF PERIOD Cash and cash equivalents $ 266,538 $ 110,978 Restricted cash 49,025 33,967 TOTAL $ 315,563 $ 144,945 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.: Six Months Ended June 30, 2022 2021 BEGINNING OF PERIOD Cash and cash equivalents $ 96,555 $ 113,686 Restricted cash 100,321 35,854 TOTAL $ 196,876 $ 149,540 END OF PERIOD Cash and cash equivalents $ 266,538 $ 110,978 Restricted cash 49,025 33,967 TOTAL $ 315,563 $ 144,945

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 1, 2022, the Company repaid its in-substance defeased debt in the amount of $126.4 million in full using the proceeds from the maturity of its U.S. Government securities in June 2022. On July 15, 2022, the Company entered into an agreement to sell its Northview Center office property for $46.0 million. On July 27, 2022, the Company received an additional 0.7 million shares of its own common stock related to the settlement of the collared ASR. See Note 19 for further details.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
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, 2022. The interim consolidated financial statements should be read in conjunction with the consolidated financial statements in the 2021 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. and the notes thereto.
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 June 30, 2022, the Company has determined that its operating partnership and 19 joint ventures met the definition of a VIE. 13 of these joint ventures are consolidated and six 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 the valuation of performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates.
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 makes an accounting policy election, by class of underlying asset, not to recognize ROU assets and lease liabilities. The Company recognizes lease expense for such leases generally on a straight-line basis over the lease term. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. ROU assets and 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
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 and other revenues Other revenues Parking revenue that is not associated with lease agreements and other Office and Studio segments: service and other revenues Sale of real estate Gains on sales derived from cash consideration less cost basis 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 Goodwill is an unidentifiable intangible asset and is recognized as a residual, generally measured as the excess of consideration transferred in a business combination over the identifiable assets acquired and liabilities assumed. Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination. The Company tests its goodwill and indefinite-lived intangible assets for impairment at least annually, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Goodwill is tested for impairment at the reporting unit to which it is assigned, which can be an operating segment or one level below an operating segment. The Company has three operating segments: the management entity, Office and Studio. The management entity and the Office operating segments are each a reporting unit. Within the Studio operating segment, there are two reporting units: Studio Properties and Studio Services, the latter of which consists of the Zio and Star Waggons businesses acquired in the year ended December 31, 2021. The assessment of goodwill for impairment may initially be performed based on qualitative factors to determine if it is more likely than not that the fair value of the reporting unit is less than its carrying value, including goodwill. If so, a quantitative assessment is performed, and to the extent the carrying value of the reporting unit exceeds its fair value, impairment is recognized for the excess up to the amount of goodwill assigned to the reporting unit. Alternatively, the Company may bypass a qualitative

Organization (Tables)

Organization (Tables)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Company's portfolio	The following table summarizes the Company’s portfolio as of June 30, 2022: Segments Number of Properties Square Feet (unaudited) Consolidated portfolio Office 53 14,284,439 Studio 3 1,255,698 Land 6 2,512,242 Total consolidated portfolio 62 18,052,379 Unconsolidated portfolio (1) Office (2) 1 1,507,814 Studio (3) 1 241,000 Land (4) 2 1,617,347 Total unconsolidated portfolio 4 3,366,161 TOTAL (5) 66 21,418,540 _________________ 1. The Company owns 20% of the unconsolidated joint venture entity which owns the Bentall Centre property, 50% of the unconsolidated joint venture entity that owns the Sunset Glenoaks Studios 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 Bentall Centre. 3. Includes Sunset Glenoaks Studios. 4. Includes land for the Burrard Exchange at Bentall Centre and Sunset Waltham Cross Studios. 5. Includes repositioning, redevelopment, development and held for sale properties.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Schedule of Variable Interest Entities	As of June 30, 2022, the operating partnership has determined that 13 of its joint ventures met the definition of a VIE and are consolidated: Entity Property Ownership Interest Hudson 1455 Market, L.P. 1455 Market 55.0 % Hudson 1099 Stewart, L.P. Hill7 55.0 % HPP-MAC WSP, LLC 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 1440 North Gower Street, LLC Sunset Gower Studios 51.0 % Sunset Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (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”). The following table summarizes the Company’s investments in unconsolidated joint ventures: Property Property Type Submarket Ownership Interest Functional Currency Sunset Waltham Cross Studios Development Broxbourne, United Kingdom 35% Pound sterling (1) Sunset Glenoaks Studios Development Los Angeles 50% U.S. dollar (2) Bentall Centre Operating Property Downtown Vancouver 20% Canadian dollar (2)(4) __________________ 1. On July 29, 2021, the Company purchased 35% of the ownership interests in the joint venture that owns the Sunset Waltham Cross Studios development. The Company also owns 35% of the ownership interests in the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. 2. The Company serves as the operating member of this joint venture. 3. The Company has provided various guarantees for this joint venture’s construction loan, including a completion guarantee, equity guarantee and recourse carve-out guarantee. 4. The Company has guaranteed $102.7 million of this joint venture’s debt.
Schedule of Revenue Streams	The Company has compiled an inventory of its sources of revenues and has identified the following material revenue streams: (i) rental revenues (ii) tenant recoveries and other tenant-related revenues (iii) ancillary revenues (iv) other revenues (v) sale of real estate (vi) management fee income and (vii) management services reimbursement income. Revenue Stream Components Financial Statement Location Rental revenues Office, stage and storage rentals Office and Studio segments: rental Tenant recoveries and other tenant-related revenues Reimbursement of real estate taxes, insurance, repairs and maintenance, other operating expenses and must-take parking revenues Office segment: rental Ancillary revenues Revenues derived from tenants’ use of power, HVAC and telecommunications (i.e., telephone and internet) and lighting, equipment and vehicle rentals Studio segment: service and other revenues Other revenues Parking revenue that is not associated with lease agreements and other Office and Studio segments: service and other revenues Sale of real estate Gains on sales derived from cash consideration less cost basis 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 following table summarizes the Company’s revenue streams that are accounted for under ASC 606 for the three and six months ended June 30, 2022 and 2021: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Ancillary revenues $ 20,476 $ 7,093 $ 38,963 $ 14,633 Other revenues $ 5,277 $ 3,923 $ 11,204 $ 6,965 Studio-related tenant recoveries $ 403 $ 483 $ 916 $ 1,006 Management fee income $ 1,140 $ 797 $ 2,211 $ 1,645 Management services reimbursement income $ 1,068 $ 626 $ 2,176 $ 626 The following table summarizes the Company’s receivables that are accounted for under ASC 606 as of: June 30, 2022 December 31, 2021 Ancillary revenues $ 9,933 $ 7,381 Other revenues $ 1,669 $ 1,078

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Jun. 30, 2022
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 22,543 — Total consideration $ 139,741 $ 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: Zio Star Waggons Cash and cash equivalents $ 1,084 $ 300 Accounts receivable 3,001 4,185 Prepaid expenses and other assets 1,509 1,605 Non-real estate property, plant and equipment 23,399 25,000 Intangible assets 41,670 33,480 Total assets acquired 70,663 64,570 Accounts payable, accrued liabilities and other $ 1,498 $ 1,913 Intangible liabilities — 110 Total liabilities assumed 1,498 2,023 Net identifiable assets acquired $ 69,165 $ 62,547 Goodwill 70,576 30,109 NET ASSETS ACQUIRED $ 139,741 $ 92,656

Investment in Real Estate (Tabl

Investment in Real Estate (Tables)	6 Months Ended
	Jun. 30, 2022
Real Estate [Abstract]
Investment in Real Estate	The following table summarizes the Company’s investment in real estate, at cost as of: June 30, 2022 December 31, 2021 Land $ 1,395,528 $ 1,313,385 Building and improvements 6,277,927 6,241,254 Tenant improvements 813,741 786,991 Furniture and fixtures 10,940 14,020 Property under development 64,204 5,827 INVESTMENT IN REAL ESTATE, AT COST $ 8,562,340 $ 8,361,477
Purchase Price of Accounting	The following table represents the Company’s final purchase price accounting for the Washington 1000 and Sunset Gower Studios land acquisitions: Washington 1000 Sunset Gower Studios Land TOTAL ACQUISITION COST (1) $ 86,313 $ 22,156 Allocation of acquisition cost Land $ 59,987 $ 22,156 Building 11,053 — Parking easement (2) 15,273 — TOTAL $ 86,313 $ 22,156 _____________ 1. Includes capitalized transaction-related expenses. 2. Parking easement has an indefinite useful life and is recorded in deferred leasing costs and intangible assets, net on the Consolidated Balance Sheet.
Held For Sale	The following table summarizes the components of assets and liabilities associated with real estate held for sale as of June 30, 2022: Northview Center Skyway Landing Del Amo 6922 Hollywood ASSETS Investment in real estate, net $ 40,532 $ 89,922 $ 2,371 $ 91,402 Accounts receivable, net 179 99 — 52 Straight-line rent receivables, net 1,047 613 — 4,526 Deferred leasing costs and intangible assets, net 1,070 501 330 2,006 Prepaid expenses and other assets, net 19 44 8 120 ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 42,847 $ 91,179 $ 2,709 $ 98,106 LIABILITIES Accounts payable, accrued liabilities and other $ 94 $ 273 $ 14 $ 858 Intangible liabilities, net — — — 96 Security deposits and prepaid rent 913 408 — 416 LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 1,007 $ 681 $ 14 $ 1,370 The following table summarizes the components of assets and liabilities associated with real estate held for sale as of December 31, 2021: Northview Center Skyway Landing Del Amo 6922 Hollywood ASSETS Investment in real estate, net $ 40,338 $ 89,873 $ 15,213 $ 91,353 Accounts receivable, net 95 142 — 103 Straight-line rent receivables, net 901 1,659 — 4,714 Deferred leasing costs and intangible assets, net 751 450 2,742 1,999 Prepaid expenses and other assets, net — — — 187 ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 42,085 $ 92,124 $ 17,955 $ 98,356 LIABILITIES Accounts payable, accrued liabilities and other $ 184 $ 273 $ 12 $ 1,372 Intangible liabilities, net — — — 96 Security deposits and prepaid rent 395 1,205 — 361 LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE $ 579 $ 1,478 $ 12 $ 1,829

Non-Real Estate Property, Pla_2

Non-Real Estate Property, Plant and Equipment, net (Tables)	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Trailers $ 38,304 $ 35,181 Leasehold improvements 17,113 15,267 Trucks and other vehicles 12,953 12,204 Furniture, fixtures and equipment 5,718 4,592 Other equipment 4,125 4,605 Non-real estate property, plant and equipment, at cost 78,213 71,849 Accumulated depreciation (17,991) (13,380) NON-REAL ESTATE PROPERTY, PLANT AND EQUIPMENT, NET $ 60,222 $ 58,469

Investment in Unconsolidated _2

Investment in Unconsolidated Real Estate Entities (Tables)	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Variable Interest Entities	As of June 30, 2022, the operating partnership has determined that 13 of its joint ventures met the definition of a VIE and are consolidated: Entity Property Ownership Interest Hudson 1455 Market, L.P. 1455 Market 55.0 % Hudson 1099 Stewart, L.P. Hill7 55.0 % HPP-MAC WSP, LLC 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 1440 North Gower Street, LLC Sunset Gower Studios 51.0 % Sunset Las Palmas Entertainment Properties, LLC Sunset Las Palmas Studios, Harlow 51.0 % Sunset Services Holdings, LLC None (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”). The following table summarizes the Company’s investments in unconsolidated joint ventures: Property Property Type Submarket Ownership Interest Functional Currency Sunset Waltham Cross Studios Development Broxbourne, United Kingdom 35% Pound sterling (1) Sunset Glenoaks Studios Development Los Angeles 50% U.S. dollar (2) Bentall Centre Operating Property Downtown Vancouver 20% Canadian dollar (2)(4) __________________ 1. On July 29, 2021, the Company purchased 35% of the ownership interests in the joint venture that owns the Sunset Waltham Cross Studios development. The Company also owns 35% of the ownership interests in the joint venture entities formed to serve as the general partner and management services company for the property-owning joint venture entity. 2. The Company serves as the operating member of this joint venture. 3. The Company has provided various guarantees for this joint venture’s construction loan, including a completion guarantee, equity guarantee and recourse carve-out guarantee. 4. The Company has guaranteed $102.7 million of this joint venture’s debt.
Summarized Financial Information of Unconsolidated Real Estate Entity	The table below presents the combined and condensed balance sheets for the Company’s unconsolidated joint ventures: June 30, 2022 December 31, 2021 ASSETS Investment in real estate, net $ 1,054,064 $ 1,048,593 Other assets 67,985 57,232 TOTAL ASSETS $ 1,122,049 $ 1,105,825 LIABILITIES Secured debt, net $ 524,041 $ 516,153 Other liabilities 45,554 40,307 TOTAL LIABILITIES 569,595 556,460 Company’s capital (1) 153,358 148,914 Partner’s capital 399,096 400,451 TOTAL CAPITAL 552,454 549,365 TOTAL LIABILITIES AND CAPITAL $ 1,122,049 $ 1,105,825 __________________ 1. To the extent the Company’s cost basis is different from the basis reflected at the joint venture level, the basis is amortized over the life of the related asset and is included in the income from unconsolidated real estate entities line item on the Consolidated Statements of Operations. The table below presents the combined and condensed statements of operations for the Company’s unconsolidated joint ventures: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2021 2020 TOTAL REVENUES $ 26,915 $ 20,041 $ 46,447 $ 39,427 TOTAL EXPENSES 17,873 17,728 35,651 33,972 NET INCOME $ 9,042 $ 2,313 $ 10,796 $ 5,455

Deferred Leasing Costs and In_2

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of finite-lived intangible assets and liabilities	The following summarizes the Company’s deferred leasing costs and intangibles as of: June 30, 2022 December 31, 2021 Deferred leasing costs and in-place lease intangibles $ 335,758 $ 331,149 Accumulated amortization (137,063) (126,423) Deferred leasing costs and in-place lease intangibles, net 198,695 204,726 Below-market ground leases 79,562 79,562 Accumulated amortization (16,603) (15,233) Below-market ground leases, net 62,959 64,329 Above-market leases 725 1,334 Accumulated amortization (270) (782) Above-market leases, net 455 552 Customer relationships 52,500 52,500 Accumulated amortization (6,434) (2,684) Customer relationships, net 46,066 49,816 Non-competition agreements 5,300 5,300 Accumulated amortization (909) (379) Non-competition agreements, net 4,391 4,921 Trade name 8,600 17,100 Parking easement 15,273 — DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 336,439 $ 341,444 Below-market leases $ 63,278 $ 75,827 Accumulated amortization (26,560) (34,326) Below-market leases, net 36,718 41,501 Above-market ground leases 1,095 1,095 Accumulated amortization (328) (306) Above-market ground leases, net 767 789 INTANGIBLE LIABILITIES, NET $ 37,485 $ 42,290
Schedule of amortization during period	The Company recognized the following amortization related to deferred leasing costs and intangibles: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Deferred leasing costs and in-place lease intangibles (1) $ (9,788) $ (11,654) $ (20,207) $ (23,221) Below-market ground leases (2) $ (698) $ (598) $ (1,377) $ (1,197) Above-market leases (3) $ (23) $ (76) $ (91) $ (500) Customer relationships (4) $ (1,875) $ — $ (3,750) $ — Non-competition agreements (1) $ (265) $ — $ (530) $ — Below-market leases (3) $ 1,976 $ 2,815 $ 4,783 $ 5,758 Above-market ground leases (2) $ 11 $ 11 $ 22 $ 22 __________________ 1. Amortization is recorded in depreciation and amortization expenses and for lease incentive costs in office rental revenues in the Consolidated Statements of Operations. 2. Amortization is recorded in office operating expenses in the Consolidated Statements of Operations. 3. Amortization is recorded in office rental revenues in the Consolidated Statements of Operations.

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets, net (Tables)	6 Months Ended
	Jun. 30, 2022
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: June 30, 2022 December 31, 2021 Deposits and pre-development costs for future acquisitions $ — $ 47,605 Prepaid insurance 16,830 5,442 Non-real estate investments 44,302 31,447 Stock purchase warrant 286 1,664 Deferred financing costs 6,805 7,750 Prepaid property tax — 2,192 Interest rate derivative assets 4,411 368 Inventory 1,981 1,578 Other 24,536 20,954 PREPAID EXPENSES AND OTHER ASSETS, NET $ 99,151 $ 119,000

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of long-term debt instruments	The following table sets forth information with respect to the Company’s outstanding indebtedness: June 30, 2022 December 31, 2021 Interest Rate (1) Contractual Maturity Date (2) UNSECURED AND SECURED DEBT Unsecured debt Unsecured revolving credit facility (3)(4)(5) $ 485,000 $ 125,000 LIBOR + 1.05% to 1.50% 12/21/2026 (6) Series A notes (7) 110,000 110,000 4.34% 1/2/2023 Series B notes (7) 259,000 259,000 4.69% 12/16/2025 Series C notes (7) 56,000 56,000 4.79% 12/16/2027 Series D notes (8) 150,000 150,000 3.98% 7/6/2026 Series E notes (9) 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 2,410,000 2,050,000 Secured debt Hollywood Media Portfolio $ 1,100,000 $ 1,100,000 LIBOR + 1.17% 8/9/2026 (10) Acquired Hollywood Media Portfolio debt (209,814) (209,814) LIBOR + 1.55% 8/9/2026 (10) Hollywood Media Portfolio, net (11)(12) 890,186 890,186 One Westside and 10850 Pico (13) 270,714 241,388 LIBOR + 1.70% 12/18/2024 (14) Element LA 168,000 168,000 4.59% 11/6/2025 1918 Eighth (15) 314,300 314,300 LIBOR + 1.30% 12/18/2025 Hill7 (16) 101,000 101,000 3.38% 11/6/2028 Total secured debt 1,744,200 1,714,874 Total unsecured and secured debt 4,154,200 3,764,874 Unamortized deferred financing costs/loan discounts (17) (25,166) (30,971) TOTAL UNSECURED AND SECURED DEBT, NET $ 4,129,034 $ 3,733,903 IN-SUBSTANCE DEFEASED DEBT (18)(19) $ 126,397 $ 128,212 4.47% 10/1/2022 JOINT VENTURE PARTNER DEBT (20) $ 66,136 $ 66,136 4.50% 10/9/2032 (21) _________________ 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 June 30, 2022, which may be different than the interest rates as of December 31, 2021 for corresponding indebtedness. 2. Maturity dates include the effect of extension options. 3. The annual facility fee rate ranges from 0.15% to 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 June 30, 2022, no such election had been made and the unsecured revolving credit facility bore interest at LIBOR + 1.20%. 4. The Company has a total capacity of $1.0 billion available under its unsecured revolving credit facility, up to $250.0 million of which can be used for borrowings in pounds sterling or Canadian dollars. 5. On July 19, 2022, the Company made a $20.0 million repayment on this facility. 6. Includes the option to extend the initial maturity date of December 21, 2025 twice for an additional six-month term each. 7. The notes pay interest semi-annually on the 16th day of June and December in each year until maturity. 8. The notes pay interest semi-annually on the 6th day of January and July in each year until maturity. 9. The notes pay interest semi-annually on the 15th day of March and September in each year until maturity. 10. Includes the option to extend the initial maturity date of August 9, 2023 three times for an additional one-year term each. 11. The Company owns 51% of the ownership interests 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. 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. 12. The interest rate on a portion of the outstanding loan balance has been effectively fixed through the use of an interest rate swap under the first payments approach. As of June 30, 2022, the LIBOR component of the interest rate was fixed at 1.43% with respect to $125.0 million of the loan secured by the Hollywood Media Portfolio. Additionally, the interest on the full principal amount has been effectively capped at 4.67% per annum through the use of an interest rate cap. 13. 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. 14. Includes the option to extend the initial maturity date of December 18, 2023 twice for an additional six-month term each. 15. The Company owns 55% of the ownership interests 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. 16. The Company owns 55% of the ownership interests 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. 17. 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. 18. The Company owns 75% of the ownership interests 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. 19. This loan was repaid in full on July 1, 2022. 20. 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.
Schedule of maturities of long-term debt	The following table provides information regarding the Company’s future minimum principal payments due on the Company’s debt (after the impact of extension options, if applicable) as of June 30, 2022: Year Unsecured and Secured Debt In-substance Defeased Debt (1) Joint Venture Partner Debt Remaining 2022 $ — $ 126,397 $ — 2023 160,000 — — 2024 270,714 — — 2025 741,300 — — 2026 1,525,186 — — Thereafter 1,457,000 — 66,136 TOTAL $ 4,154,200 $ 126,397 $ 66,136 _________________ 1. This loan was repaid in full on July 1, 2022.
Summary of existing covenants and their covenant levels	The following table summarizes existing covenants and their covenant levels as of June 30, 2022 related to our 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% 41.9% Unsecured indebtedness to unencumbered asset value ≤ 60% 39.2% Adjusted EBITDA to fixed charges ≥ 1.5x 3.4x Secured indebtedness to total asset value ≤ 45% 18.8% Unencumbered NOI to unsecured interest expense ≥ 2.0x 3.7x The following table summarizes existing covenants and their covenant levels related to the registered senior notes as of June 30, 2022: Covenant Ratio (1) Covenant Level Actual Performance Debt to total assets ≤ 60% 44.6% Total unencumbered assets to unsecured debt ≥ 150% 255.2% Consolidated income available for debt service to annual debt service charge ≥ 1.5x 3.7x Secured debt to total assets ≤ 45% 19.4% _________________ 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.
Reconciliation of Gross Interest Expense and 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 Gross interest expense (1) $ 33,916 $ 33,889 $ 64,647 $ 67,429 Capitalized interest (3,592) (5,618) (6,877) (11,289) Amortization of deferred financing costs and loan discounts/premiums 3,395 2,418 6,785 4,835 INTEREST EXPENSE $ 33,719 $ 30,689 $ 64,555 $ 60,975 _________________ 1. Includes interest on the Company’s debt and hedging activities.

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of derivative instruments	The following table summarizes the Company’s derivative instruments as of June 30, 2022 and December 31, 2021: Interest Rate Range (1) Fair Value Assets (Liabilities) Underlying Debt Instrument Number of Derivatives Notional Amount Effective Date Maturity Date Low High June 30, 2022 December 31, 2021 Interest rate swaps Hollywood Media Portfolio (2) 2 $ 350,000 April 2015 April 2022 2.96% 3.46% $ — $ (1,413) Hollywood Media Portfolio (2) 1 125,000 June 2016 November 2022 2.63% 3.13% 496 (1,122) Interest rate cap Strike rate Hollywood Media Portfolio 1 1,100,000 August 2021 August 2023 3.50% $ 3,915 368 TOTAL $ 4,411 $ (2,167) _____________ 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.

Future Minimum Rents and Leas_2

Future Minimum Rents and Lease Payments (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Future Minimum Base Rents Receivable	The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and termination fees related to tenants exercising early termination options) for properties as of June 30, 2022: Year Ended Non-cancellable Subject to Early Termination Options Total (1) Remaining 2022 $ 325,859 $ 2,084 $ 327,943 2023 630,153 2,252 632,405 2024 566,960 4,928 571,888 2025 421,529 40,735 462,264 2026 357,658 53,424 411,082 Thereafter 1,346,758 187,697 1,534,455 TOTAL $ 3,648,917 $ 291,120 $ 3,940,037 _____________ 1. Excludes rents under leases at the Company’s studio properties with terms of one year or less.
Future Minimum Lease Payments Due	The following table provides information regarding the Company’s future minimum lease payments for its operating leases (including the impact of the extension options which the Company is reasonably certain to exercise) as of June 30, 2022: Year Lease Payments (1) Remaining 2022 $ 11,398 2023 22,729 2024 22,721 2025 22,758 2026 22,449 Thereafter 539,799 Total operating lease payments 641,854 Less: interest portion (334,782) PRESENT VALUE OF OPERATING LEASE LIABILITIES $ 307,072 _____________ 1. Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date.
Rental Expense	The following table summarizes rental expense for operating leases: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Variable rental expense $ 2,381 $ 2,494 $ 4,486 $ 5,108 Minimum rental expense $ 6,131 $ 5,551 $ 12,281 $ 10,542

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities, Recurring	The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of: June 30, 2022 December 31, 2021 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate derivative assets (1) $ — $ 4,411 $ — $ 4,411 $ — $ 368 $ — $ 368 Interest rate derivative liabilities (2) $ — $ — $ — $ — $ — $ (2,535) $ — $ (2,535) Non-real estate investments measured at fair value (1) $ 437 $ 25 $ — $ 462 $ 1,915 $ 1,568 $ — $ 3,483 Stock purchase warrant (1) $ — $ 286 $ — $ 286 $ — $ 1,664 $ — $ 1,664 Earnout liability (2)(3) $ — $ — $ (7,543) $ (7,543) $ — $ — $ (11,383) $ (11,383) Non-real estate investments measured at NAV (1)(4) $ — $ — $ — $ 43,840 $ — $ — $ — $ 27,964 ___________ 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.
Fair Value Measurements, Recurring and Nonrecurring	The table below represents the carrying value and fair value of the Company’s investment in securities and debt as of: June 30, 2022 December 31, 2021 Carrying Value Fair Value Carrying Value Fair Value ASSETS U.S. Government securities $ — $ — $ 129,321 $ 130,910 LIABILITIES Unsecured debt (1) $ 2,410,000 $ 2,290,283 $ 2,050,000 $ 2,154,908 Secured debt (1) $ 1,744,200 $ 1,736,203 $ 1,714,874 $ 1,713,726 In-substance defeased debt $ 126,397 $ 126,254 $ 128,212 $ 128,361 Joint venture partner debt $ 66,136 $ 63,569 $ 66,136 $ 69,116 _________________ 1. Amounts represent debt excluding unamortized deferred financing costs and loan premiums.

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation Related to Company's Awards	The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Expensed stock compensation (1) $ 5,993 $ 6,340 $ 11,322 $ 9,878 Capitalized stock compensation (2) 973 1,009 1,789 1,888 TOTAL STOCK COMPENSATION (3) $ 6,966 $ 7,349 $ 13,111 $ 11,766 _________________ 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)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share to net (loss) income available to common stockholders: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Basic net (loss) income available to common stockholders $ (7,436) $ 2,315 $ (27,229) $ 7,297 Effect of dilutive instruments — 18 — — Diluted net (loss) income available to common stockholders $ (7,436) $ 2,333 $ (27,229) $ 7,297 Denominator: Basic weighted average common shares outstanding 143,816,698 151,169,612 146,487,388 150,997,564 Effect of dilutive instruments (1)(2) — 1,513,851 — 305,281 DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 143,816,698 152,683,463 146,487,388 151,302,845 Basic earnings per common share $ (0.05) $ 0.02 $ (0.19) $ 0.05 Diluted earnings per common share $ (0.05) $ 0.02 $ (0.19) $ 0.05 ________________ 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. 2. The Company includes the dilutive effect of the forward sale component of its accelerated share repurchase agreements in the computation of diluted earnings per share. The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit to net (loss) income available to common unitholders: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Basic and diluted net (loss) income available to common unitholders $ (7,529) $ 2,334 $ (27,552) $ 7,366 Denominator: Basic weighted average common units outstanding 145,662,962 152,551,236 148,332,424 152,369,823 Effect of dilutive instruments (1)(2) — 132,227 — 305,281 DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING 145,662,962 152,683,463 148,332,424 152,675,104 Basic earnings per common unit $ (0.05) $ 0.02 $ (0.19) $ 0.05 Diluted earnings per common unit $ (0.05) $ 0.02 $ (0.19) $ 0.05 ________________ 1. The operating partnership includes unvested awards as contingently issuable units in the computation of diluted earnings per unit once the market or performance criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per unit calculation. 2. The Company includes the dilutive effect of the forward sale component of its accelerated share repurchase agreements in the computation of diluted earnings per unit.

Redeemable Non-Controlling In_2

Redeemable Non-Controlling Interest (Tables)	6 Months Ended
	Jun. 30, 2022
Temporary Equity Disclosure [Abstract]
Non-controlling Interests	The following table reconciles the beginning and ending balances of redeemable non-controlling interests: Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Series A Redeemable Preferred Units Consolidated Real Estate Entities Series A Redeemable Preferred Units Consolidated Real Estate Entities BEGINNING OF PERIOD $ 9,815 $ 127,684 $ 9,815 $ 129,449 Contributions — 250 — 375 Distributions — (8) — (8) Declared dividend (153) — (306) — Net income (loss) 153 (1,506) 306 (3,396) END OF PERIOD $ 9,815 $ 126,420 $ 9,815 $ 126,420

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss (“OCI”): Derivative Instruments Currency Translation Adjustments Total Accumulated Other Comprehensive Loss BALANCE AT DECEMBER 31, 2021 $ (3,957) $ 2,196 $ (1,761) Unrealized gains (losses) recognized in OCI 4,480 (8,301) (3,821) Reclassification from OCI into income (1) (1,469) — (1,469) Net change in OCI 3,011 (8,301) (5,290) BALANCE AT JUNE 30, 2022 $ (946) $ (6,105) $ (7,051) _____________ 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, 2021 $ (3,954) $ 2,175 $ (1,779) Unrealized gains (losses) recognized in OCI 4,560 (8,449) (3,889) Reclassification from OCI into income (1) (1,495) — (1,495) Net change in OCI 3,065 (8,449) (5,384) BALANCE AT JUNE 30, 2022 $ (889) $ (6,274) $ (7,163) _____________ 1. The gains and losses on the operating partnership’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statements of Operations.
Schedule of Other Ownership Interests	The following table summarizes the ownership interest in the operating partnership, excluding unvested restricted units and unvested restricted performance units, as of: June 30, 2022 December 31, 2021 Company-owned common units in the operating partnership 141,609,336 151,124,543 Company’s ownership interest percentage 98.7 % 98.8 % Non-controlling common units in the operating partnership (1) 1,846,264 1,842,898 Non-controlling ownership interest percentage 1.3 % 1.2 % _________________ 1. Represents common units held by certain of the Company’s executive officers, directors and other outside investors. As of June 30, 2022, this amount represents both common units and performance units of 550,969 and 1,295,295, respectively. As of December 31, 2021, this amount represents both common units and performance units in the amount of 550,969 and 1,291,929, respectively.
Schedule of Dividends	The following table summarizes dividends per share declared and paid for the periods presented: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Common stock $ 0.25 $ 0.25 $ 0.50 $ 0.50 Common units $ 0.25 $ 0.25 $ 0.50 $ 0.50 Series A preferred units $ 0.3906 $ 0.3906 $ 0.7812 $ 0.7812 Series C preferred stock (1) $ 0.2968750 $ — $ 0.7421875 $ — Performance units $ 0.25 $ 0.25 $ 0.50 $ 0.50 Payment date June 30, 2022 June 28, 2021 N/A N/A Record date June 20, 2022 June 18, 2021 N/A N/A _________________ 1. Dividends paid during the six months ended June 30, 2022 include a $0.2968750 per share dividend declared and paid in each of the first and second quarters 2022 and a $0.1484375 per share dividend declared during the fourth quarter of 2021.

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	The table below presents the operating activity of the Company’s reportable segments: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Office segment Office revenues $ 216,244 $ 195,703 $ 427,644 $ 387,846 Office expenses (78,558) (69,111) (152,189) (135,673) Office segment profit 137,686 126,592 275,455 252,173 Studio segment Studio revenues 35,186 19,899 68,299 40,875 Studio expenses (20,686) (12,466) (39,669) (23,919) Studio segment profit 14,500 7,433 28,630 16,956 TOTAL SEGMENT PROFIT $ 152,186 $ 134,025 $ 304,085 $ 269,129 Segment revenues $ 251,430 $ 215,602 $ 495,943 $ 428,721 Segment expenses (99,244) (81,577) (191,858) (159,592) TOTAL SEGMENT PROFIT $ 152,186 $ 134,025 $ 304,085 $ 269,129 The table below is a reconciliation of the total profit from all segments to net income: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 NET INCOME (LOSS) $ 3,546 $ 7,030 $ (4,069) $ 18,441 General and administrative 21,871 17,109 42,383 35,558 Depreciation and amortization 91,438 84,178 183,631 166,939 Income from unconsolidated real estate entities (1,780) (470) (2,083) (1,105) Fee income (1,140) (797) (2,211) (1,645) Interest expense 33,719 30,689 64,555 60,975 Interest income (920) (937) (1,830) (1,934) Management services reimbursement income—unconsolidated real estate entities (1,068) (626) (2,176) (626) Management services expense—unconsolidated real estate entities 1,068 626 2,176 626 Transaction-related expenses 1,126 1,064 1,382 1,064 Unrealized loss (gain) on non-real estate investments 1,818 (5,018) 168 (10,793) Impairment loss 3,250 — 23,753 — Other (income) expense (742) 1,177 (1,594) 1,629 TOTAL PROFIT FROM ALL SEGMENTS $ 152,186 $ 134,025 $ 304,085 $ 269,129

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2022
Cash and Cash Equivalents [Abstract]
Schedule of cash flow, supplemental information	Supplemental cash flow information for Hudson Pacific Properties, Inc. is included as follows: Six Months Ended June 30, 2022 2021 Cash paid for interest, net of capitalized interest $ 56,467 $ 56,034 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 185,823 $ 134,516 Ground lease remeasurement $ 23,177 $ — Lease liabilities recorded in connection with right-of-use assets $ 2,377 $ 6,688 Accrued liability for common stock repurchases settled after quarter-end $ 2,518 $ — Supplemental cash flow information for Hudson Pacific Properties, L.P. is included as follows: Six Months Ended June 30, 2022 2021 Cash paid for interest, net of capitalized interest $ 56,467 $ 56,034 Non-cash investing and financing activities Accounts payable and accrued liabilities for real estate investments $ 185,823 $ 134,516 Ground lease remeasurement $ 23,177 $ — Lease liabilities recorded in connection with right-of-use assets $ 2,377 $ 6,688 Accrued liability for common unit repurchases settled after quarter-end $ 2,518 $ —
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: Six Months Ended June 30, 2022 2021 BEGINNING OF PERIOD Cash and cash equivalents $ 96,555 $ 113,686 Restricted cash 100,321 35,854 TOTAL $ 196,876 $ 149,540 END OF PERIOD Cash and cash equivalents $ 266,538 $ 110,978 Restricted cash 49,025 33,967 TOTAL $ 315,563 $ 144,945 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.: Six Months Ended June 30, 2022 2021 BEGINNING OF PERIOD Cash and cash equivalents $ 96,555 $ 113,686 Restricted cash 100,321 35,854 TOTAL $ 196,876 $ 149,540 END OF PERIOD Cash and cash equivalents $ 266,538 $ 110,978 Restricted cash 49,025 33,967 TOTAL $ 315,563 $ 144,945
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: Six Months Ended June 30, 2022 2021 BEGINNING OF PERIOD Cash and cash equivalents $ 96,555 $ 113,686 Restricted cash 100,321 35,854 TOTAL $ 196,876 $ 149,540 END OF PERIOD Cash and cash equivalents $ 266,538 $ 110,978 Restricted cash 49,025 33,967 TOTAL $ 315,563 $ 144,945 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.: Six Months Ended June 30, 2022 2021 BEGINNING OF PERIOD Cash and cash equivalents $ 96,555 $ 113,686 Restricted cash 100,321 35,854 TOTAL $ 196,876 $ 149,540 END OF PERIOD Cash and cash equivalents $ 266,538 $ 110,978 Restricted cash 49,025 33,967 TOTAL $ 315,563 $ 144,945

Organization (Details)

Organization (Details)	Jun. 30, 2022 ft² property	Jul. 29, 2021	Dec. 24, 2020	Jun. 05, 2019
Real Estate Properties
Number of properties | property	66
Square Feet | ft²	21,418,540
Consolidated portfolio
Real Estate Properties
Number of properties | property	62
Square Feet | ft²	18,052,379
Consolidated portfolio | Office
Real Estate Properties
Number of properties | property	53
Square Feet | ft²	14,284,439
Consolidated portfolio | Studio
Real Estate Properties
Number of properties | property	3
Square Feet | ft²	1,255,698
Consolidated portfolio | Land
Real Estate Properties
Number of properties | property	6
Square Feet | ft²	2,512,242
Unconsolidated portfolio
Real Estate Properties
Number of properties | property	4
Square Feet | ft²	3,366,161
Unconsolidated portfolio | Bentall Centre
Real Estate Properties
Joint venture, ownership percentage	20%			20%
Unconsolidated portfolio | Joint Venture Sunset Glenoaks Studios Property
Real Estate Properties
Joint venture, ownership percentage	50%		50%
Unconsolidated portfolio | Sunset Waltham Cross Studios
Real Estate Properties
Joint venture, ownership percentage	35%	35%
Unconsolidated portfolio | Office
Real Estate Properties
Number of properties | property	1
Square Feet | ft²	1,507,814
Unconsolidated portfolio | Studio
Real Estate Properties
Number of properties | property	1
Square Feet | ft²	241,000
Unconsolidated portfolio | Land
Real Estate Properties
Number of properties | property	2
Square Feet | ft²	1,617,347

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narratives (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) jointVenture unit segment	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Variable Interest Entity
Weighted average incremental borrowing rate	5.60%		5.60%
Weighted average remaining lease term (in years)	28 years		28 years
Number of operating segments | segment			3
Goodwill | $	$ 109,473,000		$ 109,473,000		$ 109,439,000
Goodwill impairment | $	$ 0	$ 0	$ 0	$ 0
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
Studio
Variable Interest Entity
Number of reporting units | unit			2
VIE, primary beneficiary
Variable Interest Entity
Number of joint ventures meeting VIE definition			19
Number of joint ventures consolidated			13
VIE, not primary beneficiary
Variable Interest Entity
Number of joint ventures not consolidated			6

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Consolidated Joint Ventures (Details) - VIE, primary beneficiary	6 Months Ended
	Jun. 30, 2022
1455 Market
Variable Interest Entity
VIE, ownership Interest	55%
Hill7
Variable Interest Entity
VIE, ownership Interest	55%
One Westside and 10850 Pico
Variable Interest Entity
VIE, ownership Interest	75%
Ferry Building
Variable Interest Entity
VIE, ownership Interest	55%
Sunset Bronson Studios, ICON, CUE
Variable Interest Entity
VIE, ownership Interest	51%
Sunset Gower Entertainment Properties, LLC
Variable Interest Entity
VIE, ownership Interest	51%
Sunset 1440 North Gower Street, LLC
Variable Interest Entity
VIE, ownership Interest	51%
Sunset Las Palmas Studios, Harlow
Variable Interest Entity
VIE, ownership Interest	51%
Sunset Services Holdings, LLC
Variable Interest Entity
VIE, ownership Interest	51%
EPIC
Variable Interest Entity
VIE, ownership Interest	51%
Hudson Media And Entertainment Management
Variable Interest Entity
VIE, ownership Interest	51%
6040 Sunset
Variable Interest Entity
VIE, ownership Interest	51%
1918 Eighth
Variable Interest Entity
VIE, ownership Interest	55%
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%

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Revenue Streams (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Disaggregation of Revenue
Management fee income	$ 1,140	$ 797	$ 2,211	$ 1,645
Management services reimbursement income	1,068	626	2,176	626
Hudson Pacific Partners L.P.
Disaggregation of Revenue
Management fee income	1,140	797
Management services reimbursement income	1,068	626		626
Ancillary revenues
Disaggregation of Revenue
Service and other revenues	20,476	7,093	38,963	14,633
Receivables	9,933		9,933		$ 7,381
Other revenues
Disaggregation of Revenue
Service and other revenues	5,277	3,923	11,204	6,965
Receivables	1,669		1,669		$ 1,078
Studio-related tenant recoveries
Disaggregation of Revenue
Service and other revenues	$ 403	$ 483	$ 916	$ 1,006

Business Combinations (Details)

Business Combinations (Details) - USD ($) $ in Thousands			6 Months Ended	11 Months Ended
	Aug. 31, 2021	Aug. 16, 2021	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Business Combination
Goodwill			$ 109,473	$ 109,473	$ 109,439
Change in goodwill			$ 0
Zio
Business Combination
Business acquisition, equity and voting interests acquired		100%
Contingent consideration		$ 22,543
Payments for business combination				$ 15,000
Intangible assets		$ 41,670
Weighted-average amortization period (in years)		7 years
Goodwill		$ 70,576
Zio | Maximum
Business Combination
Contingent consideration		35,000
Zio | Trademarks
Business Combination
Intangible assets		8,500
Zio | Customer Relationships And Non-Compete Agreements
Business Combination
Intangible assets		33,200
Zio | Customer Relationships
Business Combination
Intangible assets		$ 30,000
Weighted-average amortization period (in years)		7 years
Zio | Noncompete agreements
Business Combination
Intangible assets		$ 3,000
Weighted-average amortization period (in years)		5 years
Star Waggons
Business Combination
Business acquisition, equity and voting interests acquired	100%
Contingent consideration	$ 0
Intangible assets	$ 33,480
Weighted-average amortization period (in years)	7 years
Goodwill	$ 30,109
Star Waggons | Trademarks
Business Combination
Intangible assets	8,600
Star Waggons | Customer Relationships And Non-Compete Agreements
Business Combination
Intangible assets	24,900
Star Waggons | Customer Relationships
Business Combination
Intangible assets	$ 22,500
Weighted-average amortization period (in years)	7 years
Star Waggons | Noncompete agreements
Business Combination
Intangible assets	$ 2,300
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
Zio
Business Combination
Cash		$ 117,198
Contingent consideration		22,543
Total consideration		$ 139,741
Star Waggons
Business Combination
Cash	$ 92,656
Contingent consideration	0
Total consideration	$ 92,656

Business Combinations - Fair Va

Business Combinations - Fair Value Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Aug. 31, 2021	Aug. 16, 2021
Business Combination
Goodwill	$ 109,473	$ 109,439
Zio
Business Combination
Cash and cash equivalents				$ 1,084
Accounts receivable				3,001
Prepaid expenses and other assets				1,509
Non-real estate property, plant and equipment				23,399
Intangible assets				41,670
Total assets acquired				70,663
Accounts payable, accrued liabilities and other				1,498
Intangible liabilities				0
Total liabilities assumed				1,498
Net identifiable assets acquired				69,165
Goodwill				70,576
NET ASSETS ACQUIRED				$ 139,741
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			25,000
Intangible assets			33,480
Total assets acquired			64,570
Accounts payable, accrued liabilities and other			1,913
Intangible liabilities			110
Total liabilities assumed			2,023
Net identifiable assets acquired			62,547
Goodwill			30,109
NET ASSETS ACQUIRED			$ 92,656

Investment in Real Estate (Deta

Investment in Real Estate (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Real Estate [Abstract]
Land	$ 1,395,528	$ 1,313,385
Building and improvements	6,277,927	6,241,254
Tenant improvements	813,741	786,991
Furniture and fixtures	10,940	14,020
Property under development	64,204	5,827
INVESTMENT IN REAL ESTATE, AT COST	$ 8,562,340	$ 8,361,477

Investment in Real Estate - Nar

Investment in Real Estate - Narrative (Details)			3 Months Ended		6 Months Ended
	May 19, 2022 USD ($)	Apr. 27, 2022 USD ($)	Jun. 30, 2022 USD ($) property	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) property	Jun. 30, 2021 USD ($) property	Dec. 31, 2021 property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss			$ 3,250,000	$ 0	$ 23,753,000	$ 0
Number of dispositions | property					0	0
Number of properties | property			66		66
Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Number of properties | property			4		4		4
Washington 1000
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Total purchase price		$ 85,600,000
Sunset Gower Studios Land
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Total purchase price	$ 22,000,000
Del Amo Office
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Impairment loss			$ 3,300,000		$ 15,300,000
Investment in real estate, fair value			$ 2,750,000		$ 2,750,000

Investment in Real Estate- Purc

Investment in Real Estate- Purchase Price Of Accounting (Details) - USD ($) $ in Thousands	May 19, 2022	Apr. 27, 2022
Washington 1000
Real Estate Properties
TOTAL ACQUISITION COST		$ 86,313
Washington 1000 | Land
Real Estate Properties
TOTAL ACQUISITION COST		59,987
Washington 1000 | Building
Real Estate Properties
TOTAL ACQUISITION COST		11,053
Washington 1000 | Parking easement
Real Estate Properties
TOTAL ACQUISITION COST		$ 15,273
Sunset Gower Studios Land
Real Estate Properties
TOTAL ACQUISITION COST	$ 22,156
Sunset Gower Studios Land | Land
Real Estate Properties
TOTAL ACQUISITION COST	22,156
Sunset Gower Studios Land | Building
Real Estate Properties
TOTAL ACQUISITION COST	0
Sunset Gower Studios Land | Parking easement
Real Estate Properties
TOTAL ACQUISITION COST	$ 0

Investment in Real Estate - Rea

Investment in Real Estate - Real Estate Held-for-sale (Details) - Held-for-sale - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Northview Center
ASSETS
Investment in real estate, net	$ 40,532	$ 40,338
Accounts receivable, net	179	95
Straight-line rent receivables, net	1,047	901
Deferred leasing costs and intangible assets, net	1,070	751
Prepaid expenses and other assets, net	19	0
Assets associated with real estate held for sale	42,847	42,085
LIABILITIES
Accounts payable, accrued liabilities and other	94	184
Intangible liabilities, net	0	0
Security deposits and prepaid rent	913	395
Liabilities associated with real estate held for sale	1,007	579
Skyway Landing
ASSETS
Investment in real estate, net	89,922	89,873
Accounts receivable, net	99	142
Straight-line rent receivables, net	613	1,659
Deferred leasing costs and intangible assets, net	501	450
Prepaid expenses and other assets, net	44	0
Assets associated with real estate held for sale	91,179	92,124
LIABILITIES
Accounts payable, accrued liabilities and other	273	273
Intangible liabilities, net	0	0
Security deposits and prepaid rent	408	1,205
Liabilities associated with real estate held for sale	681	1,478
Del Amo
ASSETS
Investment in real estate, net	2,371	15,213
Accounts receivable, net	0	0
Straight-line rent receivables, net	0	0
Deferred leasing costs and intangible assets, net	330	2,742
Prepaid expenses and other assets, net	8	0
Assets associated with real estate held for sale	2,709	17,955
LIABILITIES
Accounts payable, accrued liabilities and other	14	12
Intangible liabilities, net	0	0
Security deposits and prepaid rent	0	0
Liabilities associated with real estate held for sale	14	12
6922 Hollywood
ASSETS
Investment in real estate, net	91,402	91,353
Accounts receivable, net	52	103
Straight-line rent receivables, net	4,526	4,714
Deferred leasing costs and intangible assets, net	2,006	1,999
Prepaid expenses and other assets, net	120	187
Assets associated with real estate held for sale	98,106	98,356
LIABILITIES
Accounts payable, accrued liabilities and other	858	1,372
Intangible liabilities, net	96	96
Security deposits and prepaid rent	416	361
Liabilities associated with real estate held for sale	$ 1,370	$ 1,829

Non-Real Estate Property, Pla_3

Non-Real Estate Property, Plant and Equipment, net (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment, Net
Non-real estate property, plant and equipment, at cost	$ 78,213	$ 71,849
Accumulated depreciation	(17,991)	(13,380)
Non-real estate property, plant and equipment, net	$ 60,222	58,469
Minimum
Property, Plant and Equipment, Net
Estimate useful life	5 years
Maximum
Property, Plant and Equipment, Net
Estimate useful life	20 years
Trailers
Property, Plant and Equipment, Net
Non-real estate property, plant and equipment, at cost	$ 38,304	35,181
Leasehold improvements
Property, Plant and Equipment, Net
Non-real estate property, plant and equipment, at cost	17,113	15,267
Trucks and other vehicles
Property, Plant and Equipment, Net
Non-real estate property, plant and equipment, at cost	12,953	12,204
Furniture, fixtures and equipment
Property, Plant and Equipment, Net
Non-real estate property, plant and equipment, at cost	5,718	4,592
Other equipment
Property, Plant and Equipment, Net
Non-real estate property, plant and equipment, at cost	$ 4,125	$ 4,605

Investment in Unconsolidated _3

Investment in Unconsolidated Real Estate Entities- Schedule of Variable Interest Entities (Details) - VIE, not primary beneficiary - USD ($) $ in Millions	Jun. 30, 2022	Jul. 29, 2021	Dec. 24, 2020	Jun. 05, 2019
Sunset Waltham Cross Studios
Schedule of Equity Method Investments
Joint venture, ownership percentage	35%	35%
Sunset Glenoaks Studios
Schedule of Equity Method Investments
Joint venture, ownership percentage	50%		50%
Bentall Centre
Schedule of Equity Method Investments
Joint venture, ownership percentage	20%			20%
Bentall Centre | Financial guarantee
Schedule of Equity Method Investments
Maximum exposure for guarantee	$ 102.7

Investment in Unconsolidated _4

Investment in Unconsolidated Real Estate Entities - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Schedule of Equity Method Investments
Investment in unconsolidated real estate entities	$ 161,845	$ 154,731
Equity Method Investment, Nonconsolidated Investee, Other
Schedule of Equity Method Investments
Investment in unconsolidated real estate entities	$ 300	$ 100

Investment in Unconsolidated _5

Investment in Unconsolidated Real Estate Entities - Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Investment in real estate, net	$ 7,148,814		$ 7,077,703
TOTAL ASSETS	9,050,638		8,990,189
Liabilities
Total liabilities	5,065,674		4,653,933
Total equity	3,848,729	$ 3,943,464	4,196,992	$ 3,945,806	$ 3,936,240	$ 3,967,980
TOTAL LIABILITIES AND EQUITY	9,050,638		8,990,189
Equity method investment, nonconsolidated investee or group of investees
ASSETS
Investment in real estate, net	1,054,064		1,048,593
Other assets	67,985		57,232
TOTAL ASSETS	1,122,049		1,105,825
Liabilities
Secured debt, net	524,041		516,153
Other liabilities	45,554		40,307
Total liabilities	569,595		556,460
Company's capital	153,358		148,914
Partner’s capital	399,096		400,451
Total equity	552,454		549,365
TOTAL LIABILITIES AND EQUITY	$ 1,122,049		$ 1,105,825

Investment in Unconsolidated _6

Investment in Unconsolidated Real Estate Entities - Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Equity Method Investment, Summarized Financial Information, Income Statement
TOTAL REVENUES	$ 251,430	$ 215,602	$ 495,943	$ 428,721
Net income (loss)	3,546	7,030	(4,069)	18,441
Equity method investment, nonconsolidated investee or group of investees
Equity Method Investment, Summarized Financial Information, Income Statement
TOTAL REVENUES	26,915	20,041	46,447	39,427
TOTAL EXPENSES	17,873	17,728	35,651	33,972
Net income (loss)	$ 9,042	$ 2,313	$ 10,796	$ 5,455

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	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Net [Abstract]
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	$ 336,439	$ 341,444
INTANGIBLE LIABILITIES, NET	37,485	42,290
Below-market leases
Finite-Lived Intangible Assets, Net [Abstract]
Below-market leases, net	63,278	75,827
Accumulated amortization	(26,560)	(34,326)
INTANGIBLE LIABILITIES, NET	36,718	41,501
Above-market ground leases
Finite-Lived Intangible Assets, Net [Abstract]
Below-market leases, net	1,095	1,095
Accumulated amortization	(328)	(306)
INTANGIBLE LIABILITIES, NET	767	789
Deferred leasing costs and in-place lease intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and intangible assets, gross	335,758	331,149
Accumulated amortization	(137,063)	(126,423)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	198,695	204,726
Below-market ground leases
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and intangible assets, gross	79,562	79,562
Accumulated amortization	(16,603)	(15,233)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	62,959	64,329
Above-market leases
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and intangible assets, gross	725	1,334
Accumulated amortization	(270)	(782)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	455	552
Customer relationships
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and intangible assets, gross	52,500	52,500
Accumulated amortization	(6,434)	(2,684)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	46,066	49,816
Noncompete agreements
Finite-Lived Intangible Assets, Net [Abstract]
Deferred leasing costs and intangible assets, gross	5,300	5,300
Accumulated amortization	(909)	(379)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	4,391	4,921
Trade name
Finite-Lived Intangible Assets, Net [Abstract]
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	8,600	17,100
Parking easement
Finite-Lived Intangible Assets, Net [Abstract]
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET	$ 15,273	$ 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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net			$ 4,692	$ 5,258
Customer Relationships
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	$ (1,875)	$ 0	(3,750)	0
Noncompete agreements
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(265)	0	(530)	0
Below-market leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	1,976	2,815	4,783	5,758
Above Market Ground Leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	11	11	22	22
Leasing costs and in place lease intangibles
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(9,788)	(11,654)	(20,207)	(23,221)
Below-market ground leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	(698)	(598)	(1,377)	(1,197)
Above-market leases
Finite-Lived Intangible Assets
Amortization of above- and below-market leases, net	$ (23)	$ (76)	$ (91)	$ (500)

Deferred Leasing Costs and In_5

Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net- Narrative (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Below-market ground leases | Del Amo
Finite-Lived Intangible Assets
Impairment loss	$ 0.5	$ 2.4
Trade name
Finite-Lived Intangible Assets
Impairment loss		$ 8.5

Receivables (Details)

Receivables (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Receivables [Abstract]
Accounts receivable	$ 15,800,000	$ 25,500,000
Accounts receivable, allowance for doubtful accounts	200,000	200,000
Straight-line rent receivables, gross	269,000,000	240,300,000
Allowance for straight-line rent receivables	$ 0	$ 0

Prepaid Expenses and Other As_3

Prepaid Expenses and Other Assets, net - Summarizes of prepaid expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deposits and pre-development costs for future acquisitions	$ 0	$ 47,605
Prepaid insurance	16,830	5,442
Non-real estate investments	44,302	31,447
Stock purchase warrant	286	1,664
Deferred financing costs	6,805	7,750
Prepaid property tax	0	2,192
Interest rate derivative assets	4,411	368
Inventory	1,981	1,578
Other	24,536	20,954
PREPAID EXPENSES AND OTHER ASSETS, NET	$ 99,151	$ 119,000

Prepaid Expenses and Other As_4

Prepaid Expenses and Other Assets, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Investment Holdings
Unrealized (loss) gain on non-real estate investments	$ (1,818)	$ 5,018	$ (168)	$ 10,793
Gain (loss) recognized on stock purchase warrant	(400)	(100)	(1,400)	1,800
Non Real Estate Investment That Does Not Report NAV
Investment Holdings
Unrealized (loss) gain on non-real estate investments	$ (1,400)	$ 5,100	$ 1,200	$ 9,000

Debt - Outstanding Indebtedness

Debt - Outstanding Indebtedness (Details)				6 Months Ended
	Aug. 09, 2022	Jul. 19, 2022 USD ($)	Aug. 31, 2021 USD ($)	Jun. 30, 2022 USD ($) extension	Dec. 31, 2021 USD ($)
Debt
Duration used in interest rate calculation (in days)				360 days
One Westside and 10850 Pico | VIE, primary beneficiary
Debt
VIE, ownership Interest				75%
Periodic payment, debt service payment term				10 years
Interest Rate Swaps | Designated as hedging Instrument
Debt
Notional Amount				$ 100,000,000	$ 500,000,000
Hollywood Media Portfolio
Debt
VIE, ownership Interest				51%
1918 Eighth
Debt
VIE, ownership Interest				55%
Hill7
Debt
VIE, ownership Interest				55%
Hollywood Media Portfolio | Interest Rate Swaps | Designated as hedging Instrument
Debt
Notional Amount				$ 350,000,000
Hollywood Media Portfolio D | Interest Rate Swaps | Designated as hedging Instrument
Debt
Notional Amount				$ 125,000,000
Hollywood Media Portfolio D | LIBOR | Interest Rate Swaps | Designated as hedging Instrument
Debt
Derivative, basis spread on variable rate (in percent)				1.43%
Unsecured debt
Debt
TOTAL				$ 2,410,000,000	2,050,000,000
Unsecured debt | Series A notes
Debt
TOTAL				$ 110,000,000	110,000,000
Interest rate (in percent)				4.34%
Interest rate (in percent)				4.34%
Unsecured debt | Series B notes
Debt
TOTAL				$ 259,000,000	259,000,000
Interest rate (in percent)				4.69%
Interest rate (in percent)				4.69%
Unsecured debt | Series C notes
Debt
TOTAL				$ 56,000,000	56,000,000
Interest rate (in percent)				4.79%
Interest rate (in percent)				4.79%
Unsecured debt | Series D notes
Debt
TOTAL				$ 150,000,000	150,000,000
Interest rate (in percent)				3.98%
Interest rate (in percent)				3.98%
Unsecured debt | Series E notes
Debt
TOTAL				$ 50,000,000	50,000,000
Interest rate (in percent)				3.66%
Interest rate (in percent)				3.66%
Unsecured debt | 3.95% Registered senior notes
Debt
TOTAL				$ 400,000,000	400,000,000
Interest rate (in percent)				3.95%
Interest rate (in percent)				3.95%
Unsecured debt | 4.65% Registered senior notes
Debt
TOTAL				$ 500,000,000	500,000,000
Interest rate (in percent)				4.65%
Interest rate (in percent)				4.65%
Unsecured debt | 3.25% Registered senior notes
Debt
TOTAL				$ 400,000,000	400,000,000
Interest rate (in percent)				3.25%
Interest rate (in percent)				3.25%
Unsecured debt | Revolving credit facility
Debt
TOTAL				$ 485,000,000	125,000,000
Maximum borrowing capacity				$ 1,000,000,000
Extension term (in years)				6 months
Unsecured debt | Revolving credit facility | Subsequent event
Debt
Repayments of debt		$ 20,000,000
Unsecured debt | Revolving credit facility | GBP
Debt
Maximum borrowing capacity				$ 250,000,000
Unsecured debt | Revolving credit facility | CAD
Debt
Maximum borrowing capacity				$ 250,000,000
Unsecured debt | Revolving credit facility | Minimum
Debt
Commitment fee (in percent)				0.15%
Unsecured debt | Revolving credit facility | Maximum
Debt
Commitment fee (in percent)				0.30%
Unsecured debt | Revolving credit facility | LIBOR
Debt
Basis spread on variable rate (in percent)				1.20%
Unsecured debt | Revolving credit facility | LIBOR | Minimum
Debt
Basis spread on variable rate (in percent)				1.05%
Unsecured debt | Revolving credit facility | LIBOR | Maximum
Debt
Basis spread on variable rate (in percent)				1.50%
Secured debt
Debt
TOTAL				$ 1,744,200,000	1,714,874,000
Secured debt | Hollywood Media Portfolio
Debt
TOTAL				890,186,000	890,186,000
Debt instrument, face amount				$ 1,100,000,000	1,100,000,000
Debt instrument, number of extension options | extension				3
Extension term (in years)				1 year
Payments to acquire bonds			$ 209,800,000
Secured debt | Hollywood Media Portfolio | Maximum
Debt
Interest rate (in percent)				4.67%
Interest rate (in percent)				4.67%
Secured debt | Hollywood Media Portfolio | LIBOR
Debt
Basis spread on variable rate (in percent)				1.17%
Secured debt | Hollywood Media Portfolio | LIBOR | Forecast | Subsequent event
Debt
Basis spread on variable rate (in percent)	0.99%
Secured debt | Acquired Hollywood Media Portfolio debt
Debt
Acquired Hollywood Media Portfolio debt				$ (209,814,000)	(209,814,000)
Secured debt | Acquired Hollywood Media Portfolio debt | LIBOR
Debt
Basis spread on variable rate (in percent)				1.55%
Secured debt | One Westside and 10850 Pico
Debt
TOTAL				$ 270,714,000	241,388,000
Maximum borrowing capacity				$ 414,600,000
Secured debt | One Westside and 10850 Pico | LIBOR
Debt
Basis spread on variable rate (in percent)				1.70%
Secured debt | Element LA
Debt
TOTAL				$ 168,000,000	168,000,000
Interest rate (in percent)				4.59%
Interest rate (in percent)				4.59%
Secured debt | 1918 Eighth
Debt
TOTAL				$ 314,300,000	314,300,000
Secured debt | 1918 Eighth | LIBOR
Debt
Basis spread on variable rate (in percent)				1.30%
Secured debt | Hill7
Debt
TOTAL				$ 101,000,000	101,000,000
Interest rate (in percent)				3.38%
Interest rate (in percent)				3.38%
Unsecured and Secured Debt
Debt
TOTAL				$ 4,154,200,000	3,764,874,000
Deferred financing costs and discounts, net				(25,166,000)	(30,971,000)
Debt				4,129,034,000	3,733,903,000
In-substance defeased debt
Debt
TOTAL				126,397,000
Debt				$ 126,397,000	128,212,000
Interest rate (in percent)				4.47%
Interest rate (in percent)				4.47%
Joint venture partner debt
Debt
TOTAL				$ 66,136,000
Debt				$ 66,136,000	$ 66,136,000
Interest rate (in percent)				4.50%
Debt instrument, number of extension options | extension				2
Extension term (in years)				2 years
Interest rate (in percent)				4.50%

Debt - Narrative (Details)

Debt - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)
Revolving credit facility
Debt Instrument
Increase in borrowing capacity	$ 360,000,000

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Unsecured and Secured Debt
Debt Instrument
Remaining 2022	$ 0
2023	160,000
2024	270,714
2025	741,300
2026	1,525,186
Thereafter	1,457,000
TOTAL	4,154,200	$ 3,764,874
In-substance defeased debt
Debt Instrument
Remaining 2022	126,397
2023	0
2024	0
2025	0
2026	0
Thereafter	0
TOTAL	126,397
Joint venture partner debt
Debt Instrument
Remaining 2022	0
2023	0
2024	0
2025	0
2026	0
Thereafter	66,136
TOTAL	$ 66,136

Debt - Covenant Summaries (Deta

Debt - Covenant Summaries (Details)	6 Months Ended
	Jun. 30, 2022
Debt Instrument
Total liabilities to total asset value	60%
Total liabilities to total asset value, actual	41.90%
Unsecured indebtedness to unencumbered asset value	60%
Unsecured indebtedness to unencumbered asset value, actual	39.20%
Adjusted EBITDA to fixed charges	1.5
Adjusted EBITDA to fixed charges, actual	3.4
Secured indebtedness to total asset value	45%
Secured indebtedness to total asset value, actual	18.80%
Unencumbered NOI to unsecured interest expense	2
Unencumbered NOI to unsecured interest expense, actual	3.7
Debt to total assets	60%
Debt to total assets, actual	44.60%
Total unencumbered assets to unsecured debt	150%
Total unencumbered assets to unsecured debt, actual	255.20%
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	3.7
Secured debt to total assets	45%
Secured debt to total assets, actual	19.40%
Unsecured debt | 3.25% Registered senior notes
Debt Instrument
Interest rate (in percent)	3.25%
Unsecured debt | 3.95% Registered senior notes
Debt Instrument
Interest rate (in percent)	3.95%
Unsecured debt | 4.65% Registered senior notes
Debt Instrument
Interest rate (in percent)	4.65%

Debt - Interest Expense (Detail

Debt - Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Debt Disclosure [Abstract]
Gross interest expense	$ 33,916	$ 33,889	$ 64,647	$ 67,429
Capitalized interest	(3,592)	(5,618)	(6,877)	(11,289)
Non-cash portion of interest expense	3,395	2,418	6,785	4,835
INTEREST EXPENSE	$ 33,719	$ 30,689	$ 64,555	$ 60,975

Derivatives (Details)

Derivatives (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 derivative	Jun. 30, 2022 instrument	Jun. 30, 2022	Dec. 31, 2021 USD ($) derivative
Derivative
Unrealized loss included in accumulated other comprehensive loss	$ 300,000
Designated as hedging Instrument
Derivative
Fair Value Assets (Liabilities)	4,411,000				$ (2,167,000)
Designated as hedging Instrument | Interest Rate Swaps
Derivative
Number of Derivatives | derivative		1			3
Notional Amount	100,000,000				$ 500,000,000
Designated as hedging Instrument | Interest Rate Swaps | Hollywood Media Portfolio
Derivative
Number of Derivatives | instrument			2
Notional Amount	350,000,000
Fair Value Assets (Liabilities)	0				(1,413,000)
Designated as hedging Instrument | Interest Rate Swaps | Low | Hollywood Media Portfolio
Derivative
Interest rate				2.96%
Designated as hedging Instrument | Interest Rate Swaps | High | Hollywood Media Portfolio
Derivative
Interest rate				3.46%
Designated as hedging Instrument | Interest Rate Swap II | Hollywood Media Portfolio
Derivative
Number of Derivatives | instrument			1
Notional Amount	125,000,000
Fair Value Assets (Liabilities)	496,000				$ (1,122,000)
Designated as hedging Instrument | Interest Rate Swap II | Low | Hollywood Media Portfolio
Derivative
Interest rate				2.63%
Designated as hedging Instrument | Interest Rate Swap II | High | Hollywood Media Portfolio
Derivative
Interest rate				3.13%
Designated as hedging Instrument | Interest Rate Caps | Hollywood Media Portfolio
Derivative
Number of Derivatives		1	1		1
Notional Amount	1,100,000,000				$ 1,100,000,000
Strike rate (percent)				3.50%
Fair Value Assets (Liabilities)	$ 3,915,000				$ 368,000

U.S. Government Securities (Det

U.S. Government Securities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
U.S. Government securities	$ 0	$ 129.3

Income Taxes (Details)

Income Taxes (Details)	Jun. 30, 2022 USD ($)
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	Jun. 30, 2022 USD ($)
Operating Leases, Future Minimum Payments Receivable
Remaining 2022	$ 327,943
2023	632,405
2024	571,888
2025	462,264
2026	411,082
Thereafter	1,534,455
TOTAL	3,940,037
Non-cancellable
Operating Leases, Future Minimum Payments Receivable
Remaining 2022	325,859
2023	630,153
2024	566,960
2025	421,529
2026	357,658
Thereafter	1,346,758
TOTAL	3,648,917
Subject to Early Termination Options
Operating Leases, Future Minimum Payments Receivable
Remaining 2022	2,084
2023	2,252
2024	4,928
2025	40,735
2026	53,424
Thereafter	187,697
TOTAL	$ 291,120

Future Minimum Rents and Leas_4

Future Minimum Rents and Lease Payments - Narratives (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) contract	Dec. 31, 2021 USD ($)
Operating Leased Assets
Operating lease payment | $	$ 641,854
Operating lease liabilities | $	307,072	$ 293,596
Operating lease right-of-use assets | $	$ 299,673	$ 287,041
Ground Lease
Operating Leased Assets
Number of operating lease contracts (contract) | contract	13
Facility
Operating Leased Assets
Number of operating lease contracts (contract) | contract	4
Office
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	Jun. 30, 2022	Dec. 31, 2021
Lessee, Operating Lease, Liability, Payment, Due
Remaining 2022	$ 11,398
2023	22,729
2024	22,721
2025	22,758
2026	22,449
Thereafter	539,799
Total operating lease payments	641,854
Less: interest portion	(334,782)
PRESENT VALUE OF OPERATING LEASE LIABILITIES	$ 307,072	$ 293,596

Future Minimum Rents and Leas_6

Future Minimum Rents and Lease Payments - Rental Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Variable rental expense	$ 2,381	$ 2,494	$ 4,486	$ 5,108
Minimum rental expense	$ 6,131	$ 5,551	$ 12,281	$ 10,542

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Assets And Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative assets	$ 4,411	$ 368
Interest rate swap derivative liabilities	0	(2,535)
Stock purchase warrant	286	1,664
Earnout liability	(7,543)	(11,383)
Non-real estate investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	462	3,483
Non-real estate investments measured at NAV	43,840	27,964
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative assets	0	0
Interest rate swap derivative liabilities	0	0
Stock purchase warrant	0	0
Earnout liability	0	0
Level 1 | Non-real estate investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	437	1,915
Non-real estate investments measured at NAV	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative assets	4,411	368
Interest rate swap derivative liabilities	0	(2,535)
Stock purchase warrant	286	1,664
Earnout liability	0	0
Level 2 | Non-real estate investment
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Non-real estate investments measured at fair value	25	1,568
Non-real estate investments measured at NAV	0	0
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Interest rate derivative assets	0	0
Interest rate swap derivative liabilities	0	0
Stock purchase warrant	0	0
Earnout liability	(7,543)	(11,383)
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	Jun. 30, 2022	Dec. 31, 2021
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Investments	$ 0	$ 129,321
Carrying Value | Unsecured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	2,410,000	2,050,000
Carrying Value | Secured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,744,200	1,714,874
Carrying Value | In-substance defeased debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	126,397	128,212
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
Investments	0	130,910
Fair Value | Unsecured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	2,290,283	2,154,908
Fair Value | Secured debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	1,736,203	1,713,726
Fair Value | In-substance defeased debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	126,254	128,361
Fair Value | Joint venture partner debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt	$ 63,569	$ 69,116

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) shares in Millions	6 Months Ended
	Jun. 30, 2022 $ / shares shares
2010 Plan
Share-based Compensation Arrangement by Share-based Payment Award
Number of shares available for grant | shares	7.2
Stock price assumption for maximum bonus pool eligibility (in dollars per share) | $ / shares	$ 14.84
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
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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-Based Payment Arrangement [Abstract]
Employee stock compensation	$ 5,993	$ 6,340	$ 11,322	$ 9,878
Capitalized stock compensation	973	1,009	1,789	1,888
Total stock compensation	$ 6,966	$ 7,349	$ 13,111	$ 11,766

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Basic net (loss) income available to common stockholders	$ (7,436)	$ 2,315	$ (27,229)	$ 7,297
Effect of dilutive instruments	0	18	0	0
Diluted net (loss) income available to common stockholders	$ (7,436)	$ 2,333	$ (27,229)	$ 7,297
Denominator:
Basic weighted average common shares outstanding (in shares)	143,816,698	151,169,612	146,487,388	150,997,564
Effect of dilutive instruments (in shares)	0	1,513,851	0	305,281
Diluted weighted average common shares outstanding (in shares)	143,816,698	152,683,463	146,487,388	151,302,845
Basic earnings per common share (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Diluted earnings per common share (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Hudson Pacific Partners L.P.
Numerator:
Basic net (loss) income available to common stockholders	$ (7,529)	$ 2,334	$ (27,552)	$ 7,366
Diluted net (loss) income available to common stockholders	$ (7,529)	$ 2,334	$ (27,552)	$ 7,366
Denominator:
Basic weighted average common units outstanding (in shares)	145,662,962	152,551,236	148,332,424	152,369,823
Effect of dilutive instruments (in shares)	0	132,227	0	305,281
Diluted weighted average common units outstanding (in shares)	145,662,962	152,683,463	148,332,424	152,675,104
Basic earnings per common unit (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05
Diluted earnings per common unit (in dollars per share)	$ (0.05)	$ 0.02	$ (0.19)	$ 0.05

Redeemable Non-Controlling In_3

Redeemable Non-Controlling Interest (Details) - $ / shares			6 Months Ended
	Oct. 09, 2018	Aug. 31, 2018	Jun. 30, 2022	Dec. 31, 2021
VIE, primary beneficiary | HPP-MAC WSP, LLC
Redeemable Noncontrolling Interest
VIE, ownership Interest		75%
VIE, primary beneficiary | Hudson One Ferry REIT, L.P.
Redeemable Noncontrolling Interest
VIE, ownership Interest	55%
Series A units
Redeemable Noncontrolling Interest
Redeemable non-controlling interest shares (in shares)			392,598	392,598
Interest rate of preferred stock			6.25%
Liquidation preference (in dollars per share)			$ 25

Redeemable Non-Controlling In_4

Redeemable Non-Controlling Interest - Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
VIE, primary beneficiary
Increase (Decrease) in Temporary Equity
BEGINNING OF PERIOD	$ 127,684	$ 129,449
Contributions	250	375
Distributions	(8)	(8)
Declared dividend	0	0
Net income (loss)	(1,506)	(3,396)
END OF PERIOD	126,420	126,420
Series A units
Increase (Decrease) in Temporary Equity
BEGINNING OF PERIOD	9,815	9,815
Contributions	0	0
Distributions	0	0
Declared dividend	(153)	(306)
Net income (loss)	153	306
END OF PERIOD	$ 9,815	$ 9,815

Equity - Comprehensive Income H

Equity - Comprehensive Income Hudson Pacific Properties (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	$ 3,943,464	$ 3,936,240	$ 4,196,992	$ 3,967,980
Unrealized gains (losses) recognized in OCI			(3,821)
Reclassification from OCI into income			(1,469)
Total other comprehensive (loss) income	(6,488)	2,626	(5,384)	5,470
Ending balance	3,848,729	3,945,806	3,848,729	3,945,806
Accumulated Other Comprehensive Loss
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(676)	(5,327)	(1,761)	(8,133)
Total other comprehensive (loss) income	(6,375)	2,591	(5,290)	5,397
Ending balance	(7,051)	$ (2,736)	(7,051)	$ (2,736)
Derivative Instruments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			(3,957)
Unrealized gains (losses) recognized in OCI			4,480
Reclassification from OCI into income			(1,469)
Total other comprehensive (loss) income			3,011
Ending balance	(946)		(946)
Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			2,196
Unrealized gains (losses) recognized in OCI			(8,301)
Reclassification from OCI into income			0
Total other comprehensive (loss) income			(8,301)
Ending balance	$ (6,105)		$ (6,105)

Equity - Comprehensive Income L

Equity - Comprehensive Income LP (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Unrealized gains (losses) recognized in OCI			$ (3,821)
Reclassification from OCI into income			(1,469)
Total other comprehensive (loss) income	$ (6,488)	$ 2,626	(5,384)	$ 5,470
Hudson Pacific Partners L.P.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	3,943,464	3,936,240	4,196,992	3,967,980
Unrealized gains (losses) recognized in OCI			(3,889)
Reclassification from OCI into income			(1,495)
Total other comprehensive (loss) income	(6,488)	2,626	(5,384)	5,470
Ending balance	3,848,729	3,945,806	3,848,729	3,945,806
Hudson Pacific Partners L.P. | Accumulated Other Comprehensive Loss
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(675)	(5,402)	(1,779)	(8,246)
Total other comprehensive (loss) income	(6,488)	2,626	(5,384)	5,470
Ending balance	(7,163)	$ (2,776)	(7,163)	$ (2,776)
Hudson Pacific Partners L.P. | Derivative Instruments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			(3,954)
Unrealized gains (losses) recognized in OCI			4,560
Reclassification from OCI into income			(1,495)
Total other comprehensive (loss) income			3,065
Ending balance	(889)		(889)
Hudson Pacific Partners L.P. | Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			2,175
Unrealized gains (losses) recognized in OCI			(8,449)
Reclassification from OCI into income			0
Total other comprehensive (loss) income			(8,449)
Ending balance	$ (6,274)		$ (6,274)

Equity - Non-controlling Intere

Equity - Non-controlling Interests (Details)	6 Months Ended
	Jun. 30, 2022 shares	Dec. 31, 2021 shares
Class of Stock
Common stock/units, outstanding (in shares)	141,609,336	151,124,543
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)	1,295,295	1,291,929
Hudson Pacific Partners L.P.
Class of Stock
Company’s ownership interest percentage	98.70%	98.80%
Hudson Pacific Partners L.P. | Company-owned common units in the operating partnership
Class of Stock
Common stock/units, outstanding (in shares)	141,609,336	151,124,543
Noncontrolling interest in operating partnership
Class of Stock
Non-controlling ownership interest percentage	1.30%	1.20%
Noncontrolling interest in operating partnership | Common units
Class of Stock
Non-controlling units in the operating partnership (in shares)	1,846,264	1,842,898
Performance units
Class of Stock
Conversion ratio	1
Units in the Operating Partnership
Class of Stock
Conversion ratio	1

Equity - Common Stock Activity

Equity - Common Stock Activity (Details)	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 29, 2022 $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 USD ($)	Jul. 31, 2022 $ / shares	Feb. 25, 2022 USD ($)
Class of Stock
Payments for repurchase of common stock				$ 34,688,000	$ 14,756,000
Subsequent event
Class of Stock
Weighted average price (in dollars per share) | $ / shares						$ 24.60
Accumulated shares repurchased (shares) | shares	8,100,000
Common units
Class of Stock
Stock repurchase program authorized		$ 250,000,000		$ 250,000,000
Repurchase of common units (in shares) | shares				37,200,000
Repurchase of common stock, cumulative		$ 213,400,000		$ 213,400,000
Common units | ASR
Class of Stock
Stock repurchase program authorized							$ 100,000,000
Repurchase of common units (in shares) | shares		900,000	3,300,000
Payments for repurchase of common stock			$ 100,000,000
Shares repurchased (in percentage)			0.85
Weighted average price (in dollars per share) | $ / shares		$ 23.90		$ 23.90
Common units | Collared Accelerated Share Repurchase Agreements
Class of Stock
Stock repurchase program authorized							$ 100,000,000
Repurchase of common units (in shares) | shares				3,300,000
Payments for repurchase of common stock				$ 100,000,000
Common units | Collared Accelerated Share Repurchase Agreements | Subsequent event
Class of Stock
Repurchase of common units (in shares) | shares	700,000
Common stock, floor price (in dollars per share) | $ / shares	$ 25.35
ATM Program
Class of Stock
Number of share authorized, value				$ 125,000,000
Sales of stock, shares issued (shares) | shares				0
Cumulative total of sales of common stock		$ 65,800,000		$ 65,800,000

Equity - Series C Cumulative Re

Equity - Series C Cumulative Redeemable Preferred Stock (Details) - $ / shares	6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss)
Preferred stock, authorized (in shares)	18,400,000		18,400,000
Preferred stock, par value (in dollars per share)	$ 0.01		$ 0.01
Series C Cumulative Redeemable Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Preferred stock, authorized (in shares)	17,000,000
Preferred stock, par value (in dollars per share)	$ 0.01
Interest rate of preferred stock	4.75%
Liquidation preference (in dollars per share)	$ 25
Temporary equity, dividend rate (per share)		$ 1.1875	$ 1.1875	$ 1.1875
Liquidation preference of preferred stock (dollars per share)	$ 25

Equity - Dividends (Details)

Equity - Dividends (Details) - $ / shares	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Class of Stock
Common stock, dividends (in dollars per share)	$ 0.25			$ 0.25	$ 0.50	$ 0.50
Common stock, dividends, cash paid (in dollars per share)	0.25			0.25	0.50	0.50
Common units, dividends (in dollars per share)	0.25			0.25	0.50	0.50
Common units, dividends, cash paid (in dollars per share)	0.25			0.25	0.50	0.50
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	0.50	0.50
Performance units, dividends (in dollars per share)	0.25			0.25	0.50	0.50
Series A preferred units
Class of Stock
Preferred units, dividends (in dollars per share)	0.3906			0.3906	0.7812	0.7812
Preferred stock, dividends, cash paid (in dollars per share)					0.7812	0.7812
Series C units
Class of Stock
Preferred units, dividends (in dollars per share)	0.2968750	$ 0.2968750	$ 0.1484375	0	0.7421875	0
Preferred stock, dividends, cash paid (in dollars per share)	$ 0.2968750	$ 0.2968750		$ 0	$ 0.7421875	$ 0

Segment Reporting - Operating A

Segment Reporting - Operating Activity (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			2
Segment Reporting Information
Revenues	$ 251,430,000	$ 215,602,000	$ 495,943,000	$ 428,721,000
Operating expenses	(99,244,000)	(81,577,000)	(191,858,000)	(159,592,000)
TOTAL PROFIT FROM ALL SEGMENTS	152,186,000	134,025,000	304,085,000	269,129,000
Net income (loss)	3,546,000	7,030,000	(4,069,000)	18,441,000
General and administrative	21,871,000	17,109,000	42,383,000	35,558,000
Depreciation and amortization	91,438,000	84,178,000	183,631,000	166,939,000
Income from unconsolidated real estate entities	(1,780,000)	(470,000)	(2,083,000)	(1,105,000)
Fee income	(1,140,000)	(797,000)	(2,211,000)	(1,645,000)
Interest expense	33,719,000	30,689,000	64,555,000	60,975,000
Interest income	(920,000)	(937,000)	(1,830,000)	(1,934,000)
Management services reimbursement income—unconsolidated real estate entities	(1,068,000)	(626,000)	(2,176,000)	(626,000)
Management services expense—unconsolidated real estate entities	1,068,000	626,000	2,176,000	626,000
Transaction-related expenses	1,126,000	1,064,000	1,382,000	1,064,000
Unrealized loss (gain) on non-real estate investments	1,818,000	(5,018,000)	168,000	(10,793,000)
Impairment loss	3,250,000	0	23,753,000	0
Other (income) expense	(742,000)	1,177,000	(1,594,000)	1,629,000
Gross Profit	152,186,000	134,025,000	304,085,000	269,129,000
Office
Segment Reporting Information
Revenues	216,244,000	195,703,000	427,644,000	387,846,000
Operating expenses	(78,558,000)	(69,111,000)	(152,189,000)	(135,673,000)
TOTAL PROFIT FROM ALL SEGMENTS	137,686,000	126,592,000	275,455,000	252,173,000
Gross Profit	137,686,000	126,592,000	275,455,000	252,173,000
Studio
Segment Reporting Information
Revenues	35,186,000	19,899,000	68,299,000	40,875,000
Operating expenses	(20,686,000)	(12,466,000)	(39,669,000)	(23,919,000)
TOTAL PROFIT FROM ALL SEGMENTS	14,500,000	7,433,000	28,630,000	16,956,000
Gross Profit	$ 14,500,000	$ 7,433,000	$ 28,630,000	$ 16,956,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Related Party Transaction
Management services reimbursement income—unconsolidated real estate entities	$ 1,068	$ 626	$ 2,176	$ 626
Operating lease right-of-use assets	299,673		299,673		$ 287,041
Operating lease liabilities	307,072		307,072		$ 293,596
Transaction-related expenses	1,126	1,064	1,382	1,064
Affiliated Entity
Related Party Transaction
Transaction-related expenses	300	600	500
Office Space and Fitness Facility | Affiliated Entity
Related Party Transaction
Operating lease right-of-use assets	6,800	6,000	6,800	6,000
Operating lease liabilities	$ 6,900	$ 6,100	$ 6,900	$ 6,100

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions		6 Months Ended
	Apr. 14, 2022	Jun. 30, 2022
Capital Addition Purchase Commitments
Loss Contingencies
Commitment to fund amount		$ 322.1
Revolving credit facility | Unsecured debt
Loss Contingencies
Letters of credit outstanding		3.1
EquiBlue
Loss Contingencies
Investment committed capital ratio	20%
Committed capital	$ 300
Real estate technology venture capital fund
Loss Contingencies
Commitment to fund amount		48
Contributions to date		28
Amount remaining to be contributed		$ 20

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of capitalized interest	$ 56,467	$ 56,034
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments	185,823	134,516
Ground lease remeasurement	23,177	0
Lease liabilities recorded in connection with right-of-use assets	2,377	6,688
Accrued liability for common unit repurchases settled after quarter-end	2,518	0
Hudson Pacific Partners L.P.
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of capitalized interest	56,467	56,034
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments	185,823	134,516
Ground lease remeasurement	23,177	0
Lease liabilities recorded in connection with right-of-use assets	2,377	6,688
Accrued liability for common unit repurchases settled after quarter-end	$ 2,518	$ 0

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Cash Rollforward (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Cash and Cash Equivalents
Cash and cash equivalents	$ 266,538	$ 96,555	$ 110,978	$ 113,686
Restricted cash	49,025	100,321	33,967	35,854
TOTAL	315,563	196,876	144,945	149,540
Hudson Pacific Partners L.P.
Cash and Cash Equivalents
Cash and cash equivalents	266,538	96,555	110,978	113,686
Restricted cash	49,025	100,321	33,967	35,854
TOTAL	$ 315,563	$ 196,876	$ 144,945	$ 149,540

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands			6 Months Ended
	Jul. 15, 2022	Jul. 01, 2022	Jun. 30, 2022	Jun. 30, 2021
Subsequent Event
Payments of in-substance defeased debt			$ 1,815	$ 1,736
Common units
Subsequent Event
Repurchase of common units (in shares)			37,200,000
Subsequent event
Subsequent Event
Payments of in-substance defeased debt		$ 126,400
Subsequent event | Northview Center | Scenario, Plan
Subsequent Event
Sale of property	$ 46,000