Hudson pacific properties, inc. (HPP)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
REVENUES
Revenues

827,020

818,182

800,696

773,176

751,689

728,418

719,318

728,641

733,972

728,139

706,004

680,566

654,387

639,639

627,092

614,065

611,563

520,850

433,734

350,333

260,643

253,415

243,316

228,509

213,770

205,558

190,692

177,910

169,614

160,461

146,486

142,837

137,150

133,723

122,633

96,803

0

0

0

OPERATING EXPENSES
Operating expenses

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

72,471

71,947

69,079

65,698

63,557

61,027

59,177

57,910

56,213

54,459

55,255

55,197

53,707

52,400

48,057

44,480

41,837

38,534

38,047

35,471

31,677

28,253

23,914

22,132

20,739

19,952

18,944

18,007

16,972

16,497

16,734

15,495

14,406

13,038

11,431

8,587

0

0

0

Depreciation and amortization

287,346

282,088

275,412

267,855

258,955

251,003

249,713

258,647

273,356

283,570

284,537

280,793

271,486

269,087

276,016

288,797

296,281

245,071

191,188

128,354

72,706

72,216

68,967

71,862

68,300

70,063

69,695

62,247

61,057

54,758

47,092

45,320

42,754

41,983

37,340

29,259

0

0

0

Total operating expenses

663,925

655,557

639,780

618,239

599,242

579,740

568,220

577,771

590,775

591,536

586,388

573,370

555,488

550,232

550,727

557,275

558,490

473,462

388,509

296,651

209,860

204,738

195,934

188,579

179,721

177,598

171,204

159,062

155,675

146,194

133,536

130,288

122,591

119,779

107,217

83,742

0

0

0

Operating Income

-

-

-

-

-

-

-

-

-

-

0

0

0

-

76,365

56,790

53,073

47,388

45,225

53,682

50,783

48,677

47,382

39,930

34,049

27,960

19,488

18,848

13,939

14,267

12,950

12,549

14,559

13,944

15,416

13,061

0

0

0

OTHER (EXPENSE) INCOME
Loss from unconsolidated real estate entity

-983

-747

-345

-85

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee income

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

107,912

105,845

100,694

94,235

87,014

83,167

83,916

86,246

88,610

90,037

87,355

84,804

80,723

76,044

71,375

65,926

62,425

50,667

40,480

32,569

24,901

25,932

26,316

27,085

26,402

25,470

23,767

20,959

19,772

19,071

18,212

17,774

17,729

17,480

15,029

13,287

0

0

0

Interest income

4,045

4,044

4,259

3,675

2,733

1,718

500

126

76

97

134

220

277

260

222

109

84

124

127

111

74

30

31

52

131

272

419

539

451

306

155

49

70

73

98

65

0

0

0

Transaction-related expenses

641

667

711

545

545

535

283

716

716

598

913

376

0

-

0

0

-

43,336

47,764

48,061

10,580

4,641

773

1,042

1,551

1,446

1,228

1,200

990

1,051

1,746

2,053

1,754

1,693

1,018

2,689

0

0

0

Unrealized loss on non-real estate investment

-581

0

0

928

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on ineffective portion of derivative instruments

-

-

-

-

-

-

-

-

-

-70

149

1,028

695

-1,436

-1,630

-2,509

-2,125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before gains on sale of real estate

-

-

-

-

-

-

-

-

-

-

0

0

0

-

3,968

-11,448

-48,812

-46,553

-37,893

0

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

-

-

47,100

3,735

-

43,337

72,045

68,310

66,382

45,574

38,740

38,740

40,903

30,389

8,515

16,886

14,132

30,471

36,009

0

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss

0

52,201

52,201

52,201

52,201

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on interest rate contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other income (expense)

498

78

-184

174

312

822

1,084

2,461

2,718

2,992

3,498

2,789

2,260

1,558

656

-40

-127

-62

55

2

54

14

15

58

55

99

168

56

93

92

40

298

370

443

360

227

0

0

0

Total other (expense) income

-56,405

-106,779

-102,776

-139,482

-130,124

-36,897

7,236

1,704

-3,360

-42,042

-53,820

-50,693

-47,478

-45,649

-72,397

-68,238

-101,885

-93,941

-88,148

-80,491

-35,351

-30,529

-26,875

-27,935

-27,679

-26,545

-24,560

-21,492

-20,220

-19,724

-19,843

-20,076

-19,783

-19,543

-16,309

-15,998

0

0

0

INCOME (LOSS) FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,686

26,045

11,995

6,370

1,415

-1,998

-1,914

0

-

0

0

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-164

-174

747

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

Impairment loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

Net (loss) income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-139

-256

-4,748

-4,009

-4,139

-3,700

0

-

0

0

-

-

-

-

-

-

-

Net income (loss)

106,690

55,846

58,140

15,455

22,323

111,781

141,468

135,708

122,971

94,561

74,147

64,854

61,935

43,758

12,483

5,438

-34,680

-16,082

-12,452

791

43,563

23,522

25,906

11,739

1,622

-2,594

-8,834

-6,356

-5,157

-5,006

-3,353

-3,882

-1,863

-2,238

-893

-2,937

0

0

0

Comprehensive loss (income) attributable to common units in the Operating Partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to preferred units

612

612

612

612

612

618

624

630

636

636

636

636

636

636

2,997

6,033

9,069

12,105

12,780

12,780

12,780

12,785

12,790

12,826

12,862

12,893

12,924

12,924

12,924

12,924

11,720

10,516

9,312

8,108

6,276

4,253

0

0

0

Net income attributable to participating securities

413

692

738

582

644

663

808

945

1,090

1,003

927

868

809

766

716

599

483

356

297

286

275

274

277

280

290

300

0

0

0

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interest in consolidated real estate entities

14,048

13,352

12,671

11,531

11,381

11,883

24,968

25,439

25,246

24,960

11,426

10,960

10,382

9,290

6,051

4,799

4,296

3,853

4,662

3,648

1,694

149

233

-144

-374

-321

-420

-302

-11

-21

0

0

-10

803

803

771

0

0

0

Net loss attributable to redeemable non-controlling interest in consolidated real estate entities

-2,027

-1,994

-1,385

-989

-431

169

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to restricted shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

202

149

0

0

0

Net (income) loss attributable to non-controlling interest in the operating partnership

750

459

411

14

-4

358

418

396

350

375

6,591

7,040

7,472

5,848

-40,338

-38,358

-22,795

-21,969

17,964

15,221

-908

-359

-444

71

455

633

946

883

942

1,014

952

984

850

946

677

210

0

0

0

Comprehensive income attributable to preferred units

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Hudson Pacific Properties, L.P.

92,894

42,725

45,093

3,705

10,121

98,090

114,601

108,298

95,649

67,587

57,411

48,194

45,480

27,218

-1,521

-7,273

-33,355

-16,397

-12,227

-702

27,906

9,955

12,162

-1,152

-10,701

-14,833

-20,690

-18,391

-17,424

-17,190

-14,401

-13,678

-10,562

-10,434

-7,455

-7,346

0

0

0

Basic and diluted per unit amounts:
Net income (loss) attributable to common stockholders - basic (in dollars per share)

0.07

0.10

0.38

0.06

-0.26

0.11

0.11

0.10

0.31

0.21

0.07

0.02

0.14

0.20

0.02

0.01

0.03

-0.12

-0.04

-0.28

0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common stockholders - diluted (in dollars per share)

0.07

0.10

0.38

0.06

-0.26

0.11

0.11

0.10

0.31

0.21

0.07

0.02

0.14

0.19

0.02

0.01

0.03

-0.12

-0.04

-0.28

0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income attributable to common unitholders per unitbasic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.11

0.05

0.02

-

-0.10

-0.11

-0.06

-0.13

-0.07

-0.13

-0.08

-0.09

-0.08

-0.07

-0.11

-0.01

0.00

Net loss (income) from continuing operations attributable to common stockholders per share basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.11

0.05

0.02

0.00

-0.10

-0.03

-0.07

-

-0.07

-0.14

-

-

-

-

-

-

-

Net (loss) income from discontinued operations per share basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

-0.08

0.01

-

0.00

0.01

-

-

-

-

-

-

-

Weighted average shares of common stock outstanding—basic (in shares)

154,432

154,422

154,414

154,384

154,396

154,869

155,649

155,636

155,626

155,410

155,302

155,290

147,950

125,335

115,083

95,145

89,190

89,047

88,984

88,894

76,783

-

-

-

63,625

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares of common stock outstanding—diluted

158,109

160,827

156,498

154,687

154,396

152,811

156,669

156,590

156,714

153,391

156,093

156,095

149,950

139,620

116,262

95,995

89,597

88,500

88,984

88,894

77,330

-

-

-

63,625

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares of common stock outstanding - basic and diluted (shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,506

66,485

-

-

56,144

56,075

52,184

-

46,668

39,772

33,320

33,315

33,146

29,161

21,949

21,946,508

0

Dividends declared per share/unit (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.25

0.25

-

0.20

0.20

0.20

-

0.12

0.12

-

-

0.12

0.12

0.12

-

0.12

0.12

0.12

-

0.12

0.12

0.12

-

0.12

0.12

0.12

0.09

0.00

Office
Rental

719,480

708,564

665,057

615,823

573,299

533,184

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tenant recoveries

-

-

25,281

49,896

-

92,760

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

0

-

-

-

0

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

744,304

733,735

716,909

692,340

671,843

652,517

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Parking and other

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses

259,254

256,209

251,025

241,351

234,395

226,820

220,824

222,631

224,159

218,873

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Studio
Rental

51,861

51,340

49,913

50,558

46,745

44,734

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

0

-

-

-

0

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

82,716

84,447

83,787

80,836

79,846

75,901

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other property-related revenue

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Parking and other

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses

44,854

45,313

44,264

43,335

42,335

40,890

38,506

38,583

37,047

34,634

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Studio Segment
Tenant recoveries

-

-

860

1,159

-

2,013

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hudson Pacific Partners L.P.
Revenues

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

827,020

818,182

800,696

773,176

751,689

728,418

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

72,471

71,947

69,079

65,698

63,557

61,027

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

287,346

282,088

275,412

267,855

258,955

251,003

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

663,925

655,557

639,780

618,239

599,242

579,740

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME FROM OPERATIONS

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from unconsolidated real estate entity

-983

-747

-345

-85

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee income

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

107,912

105,845

100,694

94,235

87,014

83,167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

4,045

4,044

4,259

3,675

2,733

1,718

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction-related expenses

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on non-real estate investment

-581

0

0

928

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME BEFORE GAINS ON SALE OF REAL ESTATE

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

-

-

47,100

3,735

-

43,337

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss

0

52,201

52,201

52,201

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction-related expenses

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense)

498

78

-184

174

312

822

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other (expense) income

-56,405

-106,779

-84,060

-120,766

-130,124

-36,897

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

106,690

55,846

58,140

15,455

22,323

111,781

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to preferred units

612

612

612

612

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to participating securities

686

922

924

582

644

663

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interest in consolidated real estate entities

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interest in consolidated entities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to redeemable non-controlling interest in consolidated real estate entities

-2,027

-1,994

-1,385

-989

-431

169

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to preferred units

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to preferred units

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Hudson Pacific Properties, L.P.

94,669

44,488

46,854

4,913

11,373

99,729

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS

93,371

42,954

45,318

3,719

10,117

98,448

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common unitholders —basic (in dollars per share)

0.07

0.10

0.38

0.06

-0.26

0.11

0.11

0.10

0.31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common unitholders —diluted (in dollars per share)

0.07

0.10

0.38

0.06

-0.26

0.11

0.11

0.10

0.31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares of common units outstanding—basic (in shares)

155,344

155,019

155,135

155,105

155,120

155,438

156,218

156,205

156,195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares of common units outstanding—diluted (in shares)

157,501

157,144

156,010

156,175

155,120

153,380

157,238

157,159

157,283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock, Dividends, Per Share, Declared

-

-

-

-

-

-

-

-

-

-

-

0.25

0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hudson Pacific Partners, L.P.
General and administrative

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL OPERATING EXPENSES

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on non-real estate investment

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on ineffective portion of derivative instrument

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sale of real estate

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL OTHER EXPENSES

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to participating securities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Hudson Pacific Properties, L.P.

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Hudson Pacific Properties, Inc. common stockholders

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common unitholders - basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.07

0.02

0.14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common unitholders — diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.07

0.02

0.14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares of common units outstanding - basic (in shares)

-

-

-

-

-

-

-

-

-

-

155,871

155,859

149,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares of common units outstanding - diluted (in shares)

-

-

-

-

-

-

-

-

-

-

156,662

156,664

150,334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-