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HPI - Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real estate assets, at cost:    
Land $ 533,361 $ 540,050
Buildings and tenant improvements 5,927,772 5,960,895
Development in-process 0 8,918
Land held for development 226,575 227,058
Total real estate assets 6,687,708 6,736,921
Less-accumulated depreciation (1,754,503) (1,743,390)
Net real estate assets 4,933,205 4,993,531
Real estate and other assets, net, held for sale 26,078 0
Cash and cash equivalents 16,422 25,123
Restricted cash 10,865 6,446
Accounts receivable 34,449 28,094
Mortgages and notes receivable 11,008 4,795
Accrued straight-line rents receivable 311,099 310,649
Investments in and advances to unconsolidated affiliates 372,722 343,241
Deferred leasing costs, net of accumulated amortization of $180,904 and $175,697, respectively 222,997 225,924
Prepaid expenses and other assets, net of accumulated depreciation of $17,424 and $22,142, respectively 74,552 65,125
Total Assets 6,013,397 6,002,928
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity:    
Mortgages and notes payable, net 3,262,327 3,213,206
Accounts payable, accrued expenses and other liabilities 287,176 302,180
Total Liabilities 3,549,503 3,515,386
Commitments and contingencies
Noncontrolling interests in the Operating Partnership 56,324 49,520
Equity:    
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 28,811 shares issued and outstanding 28,811 28,811
Common Stock, $.01 par value, 200,000,000 authorized shares; 105,995,624 and 105,710,315 shares issued and outstanding, respectively 1,060 1,057
Additional paid-in capital 3,099,865 3,103,446
Distributions in excess of net income available for common stockholders (724,827) (698,020)
Accumulated other comprehensive loss (2,059) (1,997)
Total Stockholders’ Equity 2,402,850 2,433,297
Noncontrolling interests in consolidated affiliates 4,720 4,725
Total Equity/Capital 2,407,570 2,438,022
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital $ 6,013,397 $ 6,002,928