Company: HPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001482512-25-000150
Chunk: 93

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 93
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END OF PERIOD$2,795 $49,266 $2,795 $49,266 

17. Equity

The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive loss  (“AOCI”):Derivative InstrumentsCurrency Translation AdjustmentsTotal Accumulated Other Comprehensive LossBALANCE AT DECEMBER 31, 2024$2,785 $(11,202)$(8,417)Unrealized gain recognized in AOCI87 9,653 9,740 Reclassification from AOCI into income(1)(4,584)— (4,584)Net change in AOCI(4,497)9,653 5,156 BALANCE AT SEPTEMBER 30, 2025$(1,712)$(1,549)$(3,261)__________________ 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 AOCI:Derivative InstrumentsCurrency Translation AdjustmentsTotal Accumulated Other Comprehensive LossBALANCE AT DECEMBER 31, 2024$2,889 $(11,602)$(8,713)Unrealized gain recognized in AOCI51 10,042 10,093 Reclassification from AOCI into income(1)(4,747)— (4,747)Net change in AOCI(4,696)10,042 5,346 BALANCE AT SEPTEMBER 30, 2025$(1,807)$(1,560)$(3,367) __________________ 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 InterestsCommon Units in the Operating PartnershipCommon 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.During the nine months ended