Hudson Pacific Properties, Inc. [HPP] Filings

10-Q 1 hpp-20210930.htm 10-Q hpp-20210930

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________________

FORM 10-Q

______________________________________


☒			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2021


☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______ to ______

Commission File Number: 001-34789 (Hudson Pacific Properties, Inc.)

Commission File Number: 333-202799-01 (Hudson Pacific Properties, L.P.)

______________________________________

Hudson Pacific Properties, Inc.

Hudson Pacific Properties, L.P.

(Exact name of registrant as specified in its charter)


Hudson Pacific Properties, Inc.	Maryland (State or other jurisdiction of incorporation or organization)	27-1430478 (I.R.S. Employer Identification Number)
Hudson Pacific Properties, L.P.	Maryland (State or other jurisdiction of incorporation or organization)	80-0579682 (I.R.S. Employer Identification Number)


11601 Wilshire Blvd., Ninth Floor Los Angeles, California 90025
(Address of principal executive offices) (Zip Code)

(310) 445-5700

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

______________________________________

Securities registered pursuant to Section 12(b) of the Act:

Registrant

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Hudson Pacific Properties, Inc.

Common Stock, $0.01 par value

HPP

New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.


Hudson Pacific Properties, Inc. Yes x No o			Hudson Pacific Properties, L.P. Yes x No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).


Hudson Pacific Properties, Inc. Yes x No o			Hudson Pacific Properties, L.P. Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Hudson Pacific Properties, Inc.


Large accelerated filer x						Accelerated filer o
Non-accelerated filer o						Smaller reporting company ☐
						Emerging growth company ☐

Hudson Pacific Properties, L.P.


Large accelerated filer o						Accelerated filer o
Non-accelerated filer x						Smaller reporting company ☐
						Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Hudson Pacific Properties, Inc. o			Hudson Pacific Properties, L.P. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).


Hudson Pacific Properties, Inc. Yes ☐ No ☒			Hudson Pacific Properties, L.P. Yes ☐ No ☒

The number of shares of common stock of Hudson Pacific Properties, Inc. outstanding at October 22, 2021 was 152,478,496.

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EXPLANATORY NOTE

This report combines the quarterly reports on Form 10-Q for the period ended September 30, 2021 of Hudson Pacific Properties, Inc., a Maryland corporation, and Hudson Pacific Properties, L.P., a Maryland limited partnership. Unless otherwise indicated or unless the context requires otherwise, all references in this report to “we,” “us,” “our,” or “our Company” refer to Hudson Pacific Properties, Inc. together with its consolidated subsidiaries, including Hudson Pacific Properties, L.P. In statements regarding qualification as a REIT, such terms refer solely to Hudson Pacific Properties, Inc. Unless otherwise indicated or unless the context requires otherwise, all references to “our operating partnership” or “the operating partnership” refer to Hudson Pacific Properties, L.P. together with its consolidated subsidiaries.

Hudson Pacific Properties, Inc. is a real estate investment trust, or REIT, and the sole general partner of our operating partnership. As of September 30, 2021, Hudson Pacific Properties, Inc. owned approximately 98.7% of the ownership interest in our operating partnership (including unvested restricted units). The remaining approximately 1.3% interest was owned by certain of our executive officers and directors, certain of their affiliates and other outside investors, including unvested operating partnership performance units. As the sole general partner of our operating partnership, Hudson Pacific Properties, Inc. has the full, exclusive and complete responsibility for our operating partnership’s day-to-day management and control.

We believe combining the quarterly reports on Form 10-Q of Hudson Pacific Properties, Inc. and the operating partnership into this single report results in the following benefits:

•enhancing investors’ understanding of our Company and our operating partnership by enabling investors to view the business as a whole in the same manner as management views and operates the business;

•eliminating duplicative disclosure and providing a more streamlined and readable presentation because a substantial portion of the disclosures apply to both our Company and our operating partnership; and

•creating time and cost efficiencies through the preparation of one combined report instead of two separate reports.

There are a few differences between our Company and our operating partnership, which are reflected in the disclosures in this report. We believe it is important to understand the differences between our Company and our operating partnership in the context of how we operate as an interrelated, consolidated company. Hudson Pacific Properties, Inc. is a REIT, the only material assets of which are the units of partnership interest in our operating partnership. As a result, Hudson Pacific Properties, Inc. does not conduct business itself, other than acting as the sole general partner of our operating partnership, issuing equity from time to time and guaranteeing certain debt of our operating partnership. Hudson Pacific Properties, Inc. itself does not issue any indebtedness but guarantees some of the debt of our operating partnership. Our operating partnership, which is structured as a partnership with no publicly traded equity, holds substantially all of the assets of our Company and conducts substantially all of our business. Except for net proceeds from equity issuances by Hudson Pacific Properties, Inc., which are generally contributed to our operating partnership in exchange for units of partnership interest in our operating partnership, our operating partnership generates the capital required by our Company’s business through its operations, its incurrence of indebtedness or through the issuance of units of partnership interest in our operating partnership.

Non-controlling interest, stockholders’ equity and partners’ capital are the main areas of difference between the consolidated financial statements of our Company and those of our operating partnership. The common units in our operating partnership are accounted for as partners’ capital in our operating partnership’s consolidated financial statements and, to the extent not held by our Company, as a non-controlling interest in our Company’s consolidated financial statements. The differences between stockholders’ equity, partners’ capital and non-controlling interest result from the differences in the equity issued by our Company and our operating partnership.

To help investors understand the significant differences between our Company and our operating partnership, this report presents the consolidated financial statements separately for our Company and our operating partnership. All other sections of this report, including “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” are presented together for our Company and our operating partnership.

In order to establish that the Chief Executive Officer and the Chief Financial Officer of each entity have made the requisite certifications and that our Company and our operating partnership are compliant with Rule 13a-15 or Rule 15d-15 of the Securities Exchange Act of 1934, or the Exchange Act and 18 U.S.C. §1350, this report also includes separate Part I, Item 4 “Controls and Procedures” sections and separate Exhibit 31 and 32 certifications for each of Hudson Pacific Properties, Inc. and our operating partnership.

HUDSON PACIFIC PROPERTIES, INC. AND HUDSON PACIFIC PROPERTIES, L.P.

TABLE OF CONTENTS


		Page
PART I—FINANCIAL INFORMATION
ITEM 1.	Financial Statements of Hudson Pacific Properties, Inc.
	Consolidated Balance Sheets as of September 30, 2021 (unaudited) and December 31, 2020	5
	Consolidated Statements of Operations (unaudited) for the three and nine months ended September 30, 2021 and 2020	6
	Consolidated Statements of Comprehensive (Loss) Income (unaudited) for the three and nine months ended September 30, 2021 and 2020	7
	Consolidated Statements of Equity (unaudited) for the three and nine months ended September 30, 2021 and 2020	8
	Consolidated Statements of Cash Flows (unaudited) for the nine months ended September 30, 2021 and 2020	10
ITEM 1.	Financial Statements of Hudson Pacific Properties, L.P.
	Consolidated Balance Sheets as of September 30, 2021 (unaudited) and December 31, 2020	11
	Consolidated Statements of Operations (unaudited) for the three and nine months ended September 30, 2021 and 2020	12
	Consolidated Statements of Comprehensive (Loss) Income (unaudited) for the three and nine months ended September 30, 2021 and 2020	13
	Consolidated Statements of Capital (unaudited) for the three and nine months ended September 30, 2021 and 2020	14
	Consolidated Statements of Cash Flows (unaudited) for the nine months ended September 30, 2021 and 2020	16
	Notes to Unaudited Consolidated Financial Statements	17
ITEM 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	45
ITEM 3.	Quantitative and Qualitative Disclosures About Market Risk	3
ITEM 4.	Controls and Procedures	3
PART II—OTHER INFORMATION
ITEM 1.	Legal Proceedings	5
ITEM 1A.	Risk Factors	5
ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds	5
ITEM 3.	Defaults Upon Senior Securities	6
ITEM 4.	Mine Safety Disclosures	6
ITEM 5.	Other Information	6
ITEM 6.	Exhibits	7
SIGNATURES		8

Table of Contents

PART I—FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS OF HUDSON PACIFIC PROPERTIES, INC.

CONSOLIDATED BALANCE SHEETS

(in thousands, except share data)


	September 30, 2021 (unaudited)		December 31, 2020
ASSETS
Investment in real estate, at cost	$	8,446,491	$	8,215,017
Accumulated depreciation and amortization	(1,285,137)		(1,102,748)
Investment in real estate, net	7,161,354		7,112,269
Non-real estate property, plant and equipment, net	60,318		8,444
Cash and cash equivalents	110,500		113,686
Restricted cash	109,737		35,854
Accounts receivable, net	24,730		22,105
Straight-line rent receivables, net	241,281		225,685
Deferred leasing costs and intangible assets, net	335,619		285,836
U.S. Government securities	130,103		135,115
Operating lease right-of-use assets	273,997		264,880
Prepaid expenses and other assets, net	98,693		55,469
Investment in unconsolidated real estate entities	152,516		82,105
Goodwill	105,149		8,754

TOTAL ASSETS	$	8,803,997	$	8,350,202

LIABILITIES AND EQUITY
Liabilities
Unsecured and secured debt, net	$	3,910,405	$	3,399,492
In-substance defeased debt	129,105		131,707
Joint venture partner debt	66,136		66,136
Accounts payable, accrued liabilities and other	307,091		235,860
Operating lease liabilities	280,210		270,014
Intangible liabilities, net	40,257		49,144
Security deposits and prepaid rent	79,250		92,180

Total liabilities	4,812,454		4,244,533

Commitments and contingencies (note 23)

Redeemable preferred units of the operating partnership	9,815		9,815
Redeemable non-controlling interest in consolidated real estate entities	129,348		127,874

Equity
Hudson Pacific Properties, Inc. stockholders’ equity
Common stock, $0.01 par value, 490,000,000 authorized, 152,320,252 shares and 151,401,365 shares outstanding at September 30, 2021 and December 31, 2020, respectively	1,523		1,514
Additional paid-in capital	3,389,693		3,469,758
Accumulated other comprehensive loss	(4,448)		(8,133)

Total Hudson Pacific Properties, Inc. stockholders’ equity	3,386,768		3,463,139
Non-controlling interest—members in consolidated real estate entities	417,255		467,009
Non-controlling interest—units in the operating partnership	48,357		37,832
Total equity	3,852,380		3,967,980
TOTAL LIABILITIES AND EQUITY	$	8,803,997	$	8,350,202

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

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HUDSON PACIFIC PROPERTIES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited, in thousands, except share data)


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
REVENUES
Office
Rental	$	197,941	$	178,256	$	580,354	$	540,023
Service and other revenues	3,925		2,460		9,358		11,428
Total office revenues	201,866		180,716		589,712		551,451
Studio
Rental	12,768		11,724		36,472		36,767
Service and other revenues	12,998		3,845		30,169		12,904
Total studio revenues	25,766		15,569		66,641		49,671
Total revenues	227,632		196,285		656,353		601,122
OPERATING EXPENSES
Office operating expenses	71,865		66,075		207,538		194,546
Studio operating expenses	12,044		9,034		35,963		27,635
General and administrative	18,288		17,428		53,846		53,943
Depreciation and amortization	88,568		75,052		255,507		222,331
Total operating expenses	190,765		167,589		552,854		498,455
OTHER INCOME (EXPENSE)
Income (loss) from unconsolidated real estate entities	566		(105)		1,671		69
Fee income	678		575		2,323		1,741
Interest expense	(30,825)		(29,838)		(91,800)		(84,185)
Interest income	934		1,056		2,868		3,129
Management services reimbursement income—unconsolidated real estate entities	253		—		879		—
Management services expense—unconsolidated real estate entities	(253)		—		(879)		—
Transaction-related expenses	(6,300)		(181)		(7,364)		(440)
Unrealized gain (loss) on non-real estate investments	827		513		11,620		(2,335)


Impairment loss	(2,762)		—		(2,762)		—
Loss on extinguishment of debt	(6,249)		(2,654)		(6,249)		(2,654)
Other income (expense)	82		576		(1,547)		1,606

Total other expense	(43,049)		(30,058)		(91,240)		(83,069)
Net (loss) income	(6,182)		(1,362)		12,259		19,598
Net income attributable to preferred units	(153)		(153)		(459)		(459)
Net income attributable to participating securities	(276)		(109)		(830)		(321)
Net income attributable to non-controlling interest in consolidated real estate entities	(3,585)		(5,170)		(15,764)		(12,577)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities	816		1,304		2,780		2,707
Net loss (income) attributable to non-controlling interest in the operating partnership	85		54		16		(89)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$	(9,295)	$	(5,436)	$	(1,998)	$	8,859

BASIC AND DILUTED PER SHARE AMOUNTS
Net (loss) income attributable to common stockholders—basic	$	(0.06)	$	(0.04)	$	(0.01)	$	0.06
Net (loss) income attributable to common stockholders—diluted	$	(0.06)	$	(0.04)	$	(0.01)	$	0.06
Weighted average shares of common stock outstanding—basic	152,320,252		153,196,007		151,443,305		153,643,278
Weighted average shares of common stock outstanding—diluted	152,320,252		153,196,007		151,443,305		156,030,815

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

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HUDSON PACIFIC PROPERTIES, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

(unaudited, in thousands)


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Net (loss) income	$	(6,182)	$	(1,362)	$	12,259	$	19,598
Currency translation adjustments	(3,511)		1,210		(1,588)		(1,651)
Net unrealized gains (losses) on derivative instruments:
Unrealized losses	(243)		(177)		(379)		(14,306)
Reclassification adjustment for realized gains	2,019		2,087		5,702		3,598
Total net unrealized gains (losses) on derivative instruments	1,776		1,910		5,323		(10,708)
Total other comprehensive (loss) income	(1,735)		3,120		3,735		(12,359)
Comprehensive (loss) income	(7,917)		1,758		15,994		7,239
Comprehensive income attributable to preferred units	(153)		(153)		(459)		(459)
Comprehensive income attributable to participating securities	(276)		(109)		(830)		(321)
Comprehensive income attributable to non-controlling interest in consolidated real estate entities	(3,585)		(5,170)		(15,764)		(12,577)
Comprehensive loss attributable to redeemable non-controlling interest in consolidated real estate entities	816		1,304		2,780		2,707
Comprehensive loss (income) attributable to non-controlling interest in the operating partnership	108		27		(34)		36
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$	(11,007)	$	(2,343)	$	1,687	$	(3,375)

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

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HUDSON PACIFIC PROPERTIES, INC.

CONSOLIDATED STATEMENTS OF EQUITY

For the three and nine months ended September 30, 2021

(unaudited, in thousands, except share data)


	Hudson Pacific Properties, Inc. Stockholders’ Equity									Non-controlling Interest
	Shares of Common Stock	Stock Amount		Additional Paid-in Capital		(Accumulated Deficit) Retained Earnings		Accumulated Other Comprehensive Loss		Units in the Operating Partnership		Members in Consolidated Real Estate Entities		Total Equity
Balance, June 30, 2021	152,319,084	$	1,523	$	3,435,156	$	—	$	(2,736)	$	44,387	$	467,476	$	3,945,806

Contributions	—	—		—		—		—		—		9,702		9,702
Distributions	—	—		—		—		—		—		(63,508)		(63,508)
Transaction costs	—	—		(232)		—		—		—		—		(232)

Issuance of unrestricted stock	1,168	—		—		—		—		—		—		—


Declared dividend	—	—		(47,204)		9,019		—		(560)		—		(38,745)
Amortization of stock-based compensation	—	—		1,973		—		—		4,638		—		6,611
Net (loss) income	—	—		—		(9,019)		—		(85)		3,585		(5,519)
Other comprehensive loss	—	—		—		—		(1,712)		(23)		—		(1,735)

Balance, September 30, 2021	152,320,252	$	1,523	$	3,389,693	$	—	$	(4,448)	$	48,357	$	417,255	$	3,852,380

Balance, December 31, 2020	151,401,365	$	1,514	$	3,469,758	$	—	$	(8,133)	$	37,832	$	467,009	$	3,967,980

Contributions	—	—		—		—		—		—		24,718		24,718
Distributions	—	—		—		—		—		—		(90,236)		(90,236)

Proceeds from sale of common stock, net of transaction costs	1,526,163	15		44,573		—		—		—		—		44,588
Issuance of unrestricted stock	54,414	—		—		—		—		—		—		—
Shares repurchased	(632,109)	(6)		(14,750)		—		—		—		—		(14,756)
Shares withheld to satisfy tax withholding obligations	(29,581)	—		(693)		—		—		—		—		(693)
Declared dividend	—	—		(115,393)		1,168		—		(1,688)		—		(115,913)
Amortization of stock-based compensation	—	—		6,198		—		—		12,179		—		18,377
Net income	—	—		—		(1,168)		—		(16)		15,764		14,580
Other comprehensive income	—	—		—		—		3,685		50		—		3,735

Balance, September 30, 2021	152,320,252	$	1,523	$	3,389,693	$	—	$	(4,448)	$	48,357	$	417,255	$	3,852,380

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

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HUDSON PACIFIC PROPERTIES, INC.

CONSOLIDATED STATEMENTS OF EQUITY

For the three and nine months ended September 30, 2020

(unaudited, in thousands, except share data)


	Hudson Pacific Properties, Inc. Stockholders’ Equity									Non-controlling Interest
	Shares of Common Stock	Stock Amount		Additional Paid-in Capital		(Accumulated Deficit) Retained Earnings		Accumulated Other Comprehensive Loss		Units in the Operating Partnership		Members in Consolidated Real Estate Entities		Total Equity
Balance, June 30, 2020	153,319,333	$	1,534	$	3,317,192	$	—	$	(15,888)	$	28,767	$	270,026	$	3,601,631

Contributions	—	—		—		—		—		—		372,451		372,451
Distributions	—	—		—		—		—		—		(2,723)		(2,723)
Transaction costs	—	—		(16,073)		—		—		—		—		(16,073)
Issuance of unrestricted stock	1,286					—		—		—		—		—

Shares repurchased	(1,177,127)	(12)		(26,580)		—		—		—		—		(26,592)
Declared dividend	—	—		(43,730)		5,327		—		(450)		—		(38,853)
Amortization of stock-based compensation	—	—		2,296		—		—		3,246		—		5,542
Net (loss) income	—	—		—		(5,327)		—		(54)		5,170		(211)
Other comprehensive income	—	—		—		—		3,093		27		—		3,120

Balance, September 30, 2020	152,143,492	$	1,522	$	3,233,105	$	—	$	(12,795)	$	31,536	$	644,924	$	3,898,292

Balance, December 31, 2019	154,691,052	$	1,546	$	3,415,808	$	—	$	(561)	$	23,082	$	269,487	$	3,709,362

Contributions	—	—		—		—		—		—		372,451		372,451
Distributions	—	—		—		—		—		—		(9,591)		(9,591)
Transaction costs	—	—		(16,073)		—		—		—		—		(16,073)
Issuance of unrestricted stock	180,291	3		(3)		—		—		—		—		—
Shares repurchased	(2,591,134)	(26)		(61,917)		—		—		—		—		(61,943)
Shares withheld to satisfy tax withholding obligations	(136,717)	(1)		(5,500)		—		—		—		—		(5,501)
Declared dividend	—	—		(106,096)		(9,180)		—		(1,350)		—		(116,626)
Amortization of stock-based compensation	—	—		6,886		—		—		9,840		—		16,726
Net income	—	—		—		9,180		—		89		12,577		21,846
Other comprehensive loss	—	—		—		—		(12,234)		(125)		—		(12,359)

Balance, September 30, 2020	152,143,492	$	1,522	$	3,233,105	$	—	$	(12,795)	$	31,536	$	644,924	$	3,898,292

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

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HUDSON PACIFIC PROPERTIES, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited, in thousands)


	Nine Months Ended September 30,
	2021		2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	12,259	$	19,598
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	255,507		222,331
Non-cash portion of interest expense	7,508		4,603
Amortization of stock-based compensation	15,718		14,409
Income from unconsolidated real estate entities	(1,671)		(69)
Unrealized (gain) loss on non-real estate investments	(11,620)		2,335
Straight-line rents	(15,596)		(31,182)
Straight-line rent expenses	1,079		1,096
Amortization of above- and below-market leases, net	(8,281)		(7,457)
Amortization of above- and below-market ground leases, net	1,764		1,763
Amortization of lease incentive costs	1,427		1,437
Distribution of income from unconsolidated entities	1,437		—

Impairment loss	2,762		—
Loss on extinguishment of debt	6,249		2,654

Change in operating assets and liabilities:
Accounts receivable	4,526		(1,129)
Deferred leasing costs and lease intangibles	(11,696)		(9,767)
Prepaid expenses and other assets	(18,665)		(17,586)
Accounts payable, accrued liabilities and other	55,735		55,055
Security deposits and prepaid rent	(12,930)		(10,201)
Net cash provided by operating activities	285,512		247,890
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment in real estate	(271,102)		(308,909)


Acquisitions of businesses	(209,854)		—
Maturities of U.S. Government securities	5,002		4,121
Contributions to non-real estate investments	(10,530)		—

Distributions from non-real estate investments	13		—
Distributions from unconsolidated real estate entities	1,246		573
Contributions to unconsolidated real estate entities	(73,098)		(989)
Additions to non-real estate property, plant and equipment	(2,279)		—


Net cash used in investing activities	(560,602)		(305,204)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt	1,304,352		1,391,651
Payments of unsecured and secured debt	(792,656)		(1,149,943)
Payments of in-substance defeased debt	(2,602)		(2,470)
Proceeds from sale of common stock	44,974		—
Transaction costs	(386)		(16,073)
Repurchases of common stock	(14,756)

Hudson Pacific Properties, Inc. [HPP] Filings
Hudson Pacific Properties, Inc. [HPP-PC] Filings
10-Q	[2021-10-29]
10-Q	[2021-08-04]
10-Q	[2021-05-07]
10-K	[2021-02-22]
10-Q	[2020-11-05]
10-Q	[2020-07-31]
10-Q	[2020-05-08]
10-K	[2020-02-24]
10-Q	[2019-11-01]
10-Q	[2019-08-02]
10-Q	[2019-05-07]
10-K	[2019-02-19]
10-Q	[2018-11-02]
10-Q	[2018-08-02]
10-Q	[2018-05-04]
10-K	[2018-02-16]
10-Q	[2017-11-06]
10-Q	[2017-08-04]
10-Q	[2017-05-05]
10-K	[2017-02-21]
10-Q	[2016-11-04]
10-Q	[2016-08-04]
10-Q	[2016-05-09]
10-K	[2016-02-26]
10-Q	[2015-11-06]
10-Q	[2015-08-10]
10-Q	[2015-05-08]
10-K	[2015-03-02]
10-Q	[2014-11-07]
10-Q	[2014-08-07]
10-Q	[2014-05-12]
10-K	[2014-03-03]
10-Q	[2013-11-07]
10-Q	[2013-08-08]
10-Q	[2013-05-09]
10-K	[2013-03-14]
10-Q	[2012-11-09]
10-Q	[2012-08-08]
10-Q	[2012-05-09]
10-K	[2012-03-14]

Hudson Pacific Properties, Inc. [HPP] Filings

Hudson Pacific Properties, Inc. [HPP-PC] Filings