Hudson Pacific Properties, Inc. (HPP)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Ancillary revenue | - | 18,556 | - | - |
| Other revenues | - | 7,354 | - | - |
| Studio related tenant recoveries | - | 504 | - | - |
| Revenues | 190,002 | 198,459 | 200,393 | 218,000 |
| Total core office expenses | - | 113,258 | 114,841 | 113,256 |
| Operating expenses-Studio Segment | 36,552 | - | - | - |
| Operating expenses-Office Segment | 71,501 | - | - | - |
| General and administrative | 27,776 | 18,483 | 19,544 | 20,705 |
| Depreciation and amortization | 94,751 | 93,085 | 86,672 | 86,798 |
| Total operating expenses | 230,580 | 224,826 | 221,057 | 220,759 |
| Management services expenseunconsolidated real estate entities | - | 975 | 989 | 1,042 |
| Management services reimbursement incomeunconsolidated real estate entities | - | 975 | 989 | 1,042 |
| Unrealized gain (loss) on non-real estate investments | 212 | -449 | -1,081 | -1,045 |
| Impairment loss | - | 18,476 | 36,543 | - |
| Other (expense) income | -93 | 8 | -28 | 1,334 |
| Interest income | 2,123 | 435 | 542 | 579 |
| Interest expense | 48,137 | 43,505 | 45,005 | 44,159 |
| Loss from unconsolidated real estate entities | -205 | -1,254 | -3,219 | -2,481 |
| (loss) gain on sale of real estate, net | -16 | 10,023 | - | - |
| Loss on extinguishment of debt | -1,637 | -1,858 | - | - |
| Fee income | 1,476 | 1,359 | 1,437 | 1,371 |
| Transaction-related expenses | 451 | - | 269 | -113 |
| Total other expenses | -46,728 | -53,717 | -84,166 | -44,288 |
| Loss before income tax provision | -87,306 | -80,084 | -104,830 | -47,047 |
| Income tax provision | 454 | 194 | 2,183 | 510 |
| Net loss | -87,760 | -80,278 | -107,013 | -47,557 |
| Net income attributable to preferred units/share-Series CPreferred Stock | 5,047 | - | - | - |
| Net income attributable to preferred units/share-Series APreferred Stock | 121 | - | - | - |
| Net loss attributable to non-controlling interest in consolidated real estate entities | -6,675 | -7,467 | -10,777 | -3,751 |
| Net loss attributable to redeemable non-controlling interest in consolidated real estate entities | -895 | -902 | -968 | -961 |
| Net loss attributable to common units in the operating partnership | -2,209 | -2,394 | -2,550 | -1,225 |
| Net income attributable to participating securities | - | - | - | 207 |
| Net income attributable to preferred units/share | - | 5,193 | 153 | 153 |
| Net loss attributable to common stockholders | -83,149 | -74,708 | -97,918 | -47,027 |
| Basic earnings per common share (in dollars per share) | -0.41 | -0.53 | -0.69 | -0.33 |
| Diluted earnings per common share (in dollars per share) | -0.41 | -0.53 | -0.69 | -0.33 |
| Weighted average shares of common stock outstandingbasic (in shares) | 202,666,003 | 141,386,505 | 141,232,361 | 141,181,450 |
| Weighted average shares of common stock outstandingdiluted (in shares) | 202,666,003 | 141,386,505 | 141,232,361 | 141,181,450 |