Company: HPP
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001482512-25-000126
Chunk: 93

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 93
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 is included as temporary equity. The put right is not currently redeemable.

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Table of ContentsHudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P.Notes to Unaudited Consolidated Financial Statements(Unaudited, tabular amounts in thousands, except square footage, share and unit data)

The following table reconciles the beginning and ending balances of redeemable non-controlling interests:Three Months Ended June 30, 2025Six Months Ended June 30, 2025Series A Redeemable Preferred UnitsConsolidated Real Estate EntitiesSeries A Redeemable Preferred UnitsConsolidated Real Estate EntityBEGINNING OF PERIOD$8,394 $48,377 $9,815 $49,279 Contributions— 1,415 — 1,415 Distributions— (7)— (7)Declared dividend(121)— (267)— Net income (loss)121 (895)267 (1,797)Redemption of preferred units(2,500)— (3,921)— END OF PERIOD$5,894 $48,890 $5,894 $48,890 

17. Equity

The table below presents the activity related to Hudson Pacific Properties, Inc.’s accumulated other comprehensive income (loss) (“AOCI”):Derivative InstrumentsCurrency Translation AdjustmentsTotal Accumulated Other Comprehensive (Loss) IncomeBALANCE AT DECEMBER 31, 2024$2,785 $(11,202)$(8,417)Unrealized (loss) gain recognized in AOCI(73)13,344 13,271 Reclassification from AOCI into income(1)(2,694)— (2,694)Net change in AOCI(2,767)13,344 10,577 BALANCE AT JUNE 30, 2025$18 $2,142 $2,160 __________________ 1.The gains and losses on the Company’s derivative instruments classified as hedges are reported in interest expense on the Consolidated Statement of Operations.The table below presents the activity related to Hudson Pacific Properties, L.P.’s AOCI:Derivative InstrumentsCurrency Translation AdjustmentsTotal Accumulated Other Comprehensive (Loss) IncomeBALANCE AT DECEMBER 31, 2024$2,889 $(11,602)$(8,713)Unrealized (loss) gain recognized in AOCI(115)13,