Company: HPP
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001482512-25-000029
Chunk: 115

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 115
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075,448 and 143,845,239 outstanding at December 31, 2024 and 2023, respectively2,532,898 2,733,795 Accumulated other comprehensive loss(8,713)(62)Total Hudson Pacific Properties, L.P. partners’ capital2,949,185 3,158,733 Non-controlling interest—members in consolidated real estate entities169,452 335,439 Total capital3,118,637 3,494,172 TOTAL LIABILITIES AND CAPITAL$8,132,239 $8,282,050 

The accompanying notes are an integral part of these consolidated financial statements.

F-12

HUDSON PACIFIC PROPERTIES, L.P.CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except share data)

 Year Ended December 31, 202420232022REVENUESOfficeRental revenues$677,620 $797,095 $834,408 Service and other revenues14,656 15,280 18,292 Total office revenues692,276 812,375 852,700 StudioRental revenues53,897 59,276 59,672 Service and other revenues95,909 80,646 113,852 Total studio revenues149,806 139,922 173,524 Total revenues842,082 952,297 1,026,224 OPERATING EXPENSESOffice operating expenses305,649 312,018 308,668 Studio operating expenses148,430 138,447 105,150 General and administrative79,451 74,958 79,501 Depreciation and amortization354,425 397,846 373,219 Total operating expenses887,955 923,269 866,538 OTHER INCOME (EXPENSES) (Loss) income from unconsolidated real estate entities(7,308)(3,902)943 Fee income5,269 6,181 7,972 Interest expense(177,393)(214,415)(149,901)Interest income2,467 2,182 2,340 Management services reimbursement income—unconsolidated real estate entities4,119 4,125 4,163 Management services expense—unconsolidated real estate entities(4,119)(4,125)(4,163)Transaction-related expenses(2,499)1,