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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
REAL ESTATE ASSETS    
Land $ 493,211 $ 493,211
Building and improvements 869,409 867,268
Tenant improvements 80,272 79,966
Furniture and fixtures 14,354 11,548
Property under development 30,015 23,962
Total real estate held for investment 1,487,261 1,475,955
Accumulated depreciation and amortization (90,782) (85,184)
Investment in real estate, net 1,396,479 1,390,771
Cash and cash equivalents 141,562 18,904
Restricted cash 14,321 14,322
Accounts receivable, net 13,925 12,442
Notes receivable 4,000 4,000
Straight-line rent receivables 15,612 14,165
Deferred leasing costs and lease intangibles, net 81,729 83,498
Deferred finance costs, net 7,553 8,175
Interest rate contracts 64 71
Goodwill 8,754 8,754
Prepaid expenses and other assets 3,330 4,588
TOTAL ASSETS 1,687,329 1,559,690
LIABILITIES AND EQUITY    
Notes payable 530,023 582,085
Accounts payable and accrued liabilities 21,696 18,833
Below-market leases 29,351 31,560
Security deposits 6,262 5,997
Prepaid rent 9,216 11,518
TOTAL LIABILITIES 596,548 649,993
Hudson Pacific Properties, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 authorized; 8.375% series B cumulative redeemable preferred stock, $25.00 liquidation preference, 5,800,000 shares outstanding at March 31, 2013 and December 31, 2012, respectively 145,000 145,000
Common Stock, $0.01 par value, 490,000,000 authorized, 56,698,156 shares and 47,496,732 shares outstanding at March 31, 2013 and December 31, 2012, respectively 567 475
Additional paid-in capital 910,792 726,605
Accumulated other comprehensive loss (1,271) (1,287)
Accumulated deficit (33,373) (30,580)
Total Hudson Pacific Properties, Inc. stockholders’ equity 1,021,715 840,213
TOTAL EQUITY 1,078,306 897,222
TOTAL LIABILITIES AND EQUITY 1,687,329 1,559,690
6.25% Series A Cumulative Redeemable Preferred Units of the Operating Partnership
   
LIABILITIES AND EQUITY    
6.25% series A cumulative redeemable preferred units of the Operating Partnership 12,475 12,475
Non-controlling Interests Interests in Consolidated Entities [Member]
   
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling common units in the Operating Partnership 1,470 1,460
Non-controlling Interests Common units in the Operating Partnership [Member]
   
Hudson Pacific Properties, Inc. stockholders’ equity:    
Non-controlling common units in the Operating Partnership 55,121 55,549
TOTAL EQUITY $ 55,121 $ 55,549