2014 Q1 Form 10-Q Financial Statement

#000148251214000019 Filed on May 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $0.00 $0.00
YoY Change -100.0%
Cost Of Revenue $21.90M $18.80M
YoY Change 16.49% 21.29%
Gross Profit $33.70M $28.60M
YoY Change 17.83% 34.27%
Gross Profit Margin
Selling, General & Admin $5.800M $5.000M
YoY Change 16.0% 11.11%
% of Gross Profit 17.21% 17.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.67M $18.43M
YoY Change -9.57% 51.92%
% of Gross Profit 49.46% 64.44%
Operating Expenses $22.50M $23.50M
YoY Change -4.26% 45.96%
Operating Profit $11.22M $5.131M
YoY Change 118.67% -6.01%
Interest Expense $6.524M $5.592M
YoY Change 16.67% 14.33%
% of Operating Profit 58.15% 108.98%
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income $4.600M -$400.0K
YoY Change -1250.0% -300.0%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings $1.260M -$2.872M
YoY Change -143.87% 8.87%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $72.33K $5.747K
COMMON SHARES
Basic Shares Outstanding 63.63M shares 56.70M shares
Diluted Shares Outstanding 63.63M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.10M $141.6M
YoY Change -79.45% 546.58%
Cash & Equivalents $29.06M $141.6M
Short-Term Investments
Other Short-Term Assets $5.100M $3.300M
YoY Change 54.55% -75.74%
Inventory
Prepaid Expenses
Receivables $30.70M $13.90M
Other Receivables $0.00 $0.00
Total Short-Term Assets $64.90M $158.8M
YoY Change -59.13% 264.22%
LONG-TERM ASSETS
Property, Plant & Equipment $1.994B $1.397B
YoY Change 42.78% 39.51%
Goodwill $8.754M $8.754M
YoY Change 0.0% 0.0%
Intangibles $110.0M $81.73M
YoY Change 34.64% 3.53%
Long-Term Investments
YoY Change
Other Assets $38.50M $37.50M
YoY Change 2.67% 34.89%
Total Long-Term Assets $2.151B $1.529B
YoY Change 40.74% 36.85%
TOTAL ASSETS
Total Short-Term Assets $64.90M $158.8M
Total Long-Term Assets $2.151B $1.529B
Total Assets $2.216B $1.687B
YoY Change 31.34% 45.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.50M $21.70M
YoY Change 3.69% 50.69%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $28.60M $28.00M
YoY Change 2.14% 36.59%
LONG-TERM LIABILITIES
Long-Term Debt $827.4M $530.0M
YoY Change 56.11% 46.77%
Other Long-Term Liabilities $58.10M $51.00M
YoY Change 13.92% 25.0%
Total Long-Term Liabilities $885.5M $581.0M
YoY Change 52.41% 44.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.60M $28.00M
Total Long-Term Liabilities $885.5M $581.0M
Total Liabilities $914.2M $596.5M
YoY Change 53.25% 45.51%
SHAREHOLDERS EQUITY
Retained Earnings -$43.78M -$33.37M
YoY Change 31.2% 105.44%
Common Stock $668.0K $567.0K
YoY Change 17.81% 66.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.194B $1.022B
YoY Change
Total Liabilities & Shareholders Equity $2.216B $1.687B
YoY Change 31.34% 45.4%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $1.260M -$2.872M
YoY Change -143.87% 8.87%
Depreciation, Depletion And Amortization $16.67M $18.43M
YoY Change -9.57% 51.92%
Cash From Operating Activities $19.40M $15.11M
YoY Change 28.44% 26.02%
INVESTING ACTIVITIES
Capital Expenditures -$100.7M -$19.50M
YoY Change 416.41% 529.03%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$100.7M -$19.54M
YoY Change 415.19% 63.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$197.5M $189.9M
YoY Change -203.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $79.99M $127.1M
YoY Change -37.07% 1461.17%
NET CHANGE
Cash From Operating Activities $19.40M $15.11M
Cash From Investing Activities -$100.7M -$19.54M
Cash From Financing Activities $79.99M $127.1M
Net Change In Cash -$1.293M $122.7M
YoY Change -101.05% 1404.45%
FREE CASH FLOW
Cash From Operating Activities $19.40M $15.11M
Capital Expenditures -$100.7M -$19.50M
Free Cash Flow $120.1M $34.61M
YoY Change 247.06% 129.38%

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OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
152830000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
552000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-17000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3981000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
334000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
24000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
82000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
634000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
7000 USD
CY2013Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
45000 USD
CY2014Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1000 USD
CY2014Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
25099000 USD
CY2013Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
19542000 USD
CY2014Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9000 USD
CY2013Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2013Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2014Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
298000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8676000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7385000 USD
CY2014Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3200000 USD
CY2013Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3231000 USD
CY2013Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
305000 USD
CY2014Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
580000 USD
CY2013 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
389883000 USD
CY2014Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
75580000 USD
CY2013Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2014Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
75580000 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
5143000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
5170000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
197468000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
189888000 USD
CY2013Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
8692000 USD
CY2014Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
52843000 USD
CY2013Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2014Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1416000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
317000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
4533000 USD
CY2014Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
83000 USD
CY2013Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
31000 USD
CY2014Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
12768000 USD
CY2013Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
12801000 USD
CY2014Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
126483000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
114866000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2021691000 USD
CY2014Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2120428000 USD
CY2014Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1993945000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1906825000 USD
CY2014Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
55596000 USD
CY2013Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
47384000 USD
CY2014Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
156147000 USD
CY2013Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
60564000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16750000 USD
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17714000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-43784000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-45113000 USD
CY2014Q1 us-gaap Revenues
Revenues
0 USD
CY2013Q1 us-gaap Revenues
Revenues
0 USD
CY2014Q1 us-gaap Security Deposit Liability
SecurityDepositLiability
6147000 USD
CY2013Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
5941000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1726000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1277000 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
202542000 USD
CY2014Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
197468000 USD
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2756000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
1194129000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1003446000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1291819000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1102866000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
897222000 USD
CY2013Q1 us-gaap Straight Line Rent
StraightLineRent
1448000 USD
CY2014Q1 us-gaap Straight Line Rent
StraightLineRent
2685000 USD
CY2014Q1 hpp Debt Instrument Periodic Payment Debt Service Payment Term
DebtInstrumentPeriodicPaymentDebtServicePaymentTerm
P30Y
CY2014Q1 hpp Depreciation Depletionand Amortizationincluding Discontinued Operations
DepreciationDepletionandAmortizationincludingDiscontinuedOperations
16668000 USD
CY2013Q1 hpp Depreciation Depletionand Amortizationincluding Discontinued Operations
DepreciationDepletionandAmortizationincludingDiscontinuedOperations
18905000 USD
CY2014Q1 us-gaap Tenant Improvements
TenantImprovements
112848000 USD
CY2013Q4 us-gaap Tenant Improvements
TenantImprovements
107628000 USD
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates, including those related to acquiring, developing and assessing the carrying values of its real estate properties, its accrued liabilities, and its performance-based equity compensation awards. The Company bases its estimates on historical experience, current market conditions, and various other assumptions that are believed to be reasonable under the circumstances. Actual results could materially differ from these estimates.</font></div></div>
CY2013Q1 hpp Accounts Payable And Accrued Liabilities For Investment In Property
AccountsPayableAndAccruedLiabilitiesForInvestmentInProperty
2489000 USD
CY2014Q1 hpp Accounts Payable And Accrued Liabilities For Investment In Property
AccountsPayableAndAccruedLiabilitiesForInvestmentInProperty
2285000 USD
CY2013Q1 hpp Amortization Of Above Market Leases
AmortizationOfAboveMarketLeases
690000 USD
CY2014Q1 hpp Amortization Of Above Market Leases
AmortizationOfAboveMarketLeases
658000 USD
CY2013Q1 hpp Amortization Of Below Market Leases
AmortizationOfBelowMarketLeases
-2209000 USD
CY2014Q1 hpp Amortization Of Below Market Leases
AmortizationOfBelowMarketLeases
-1902000 USD
CY2013Q1 hpp Amortization Of Ground Lease
AmortizationOfGroundLease
62000 USD
CY2014Q1 hpp Amortization Of Ground Lease
AmortizationOfGroundLease
62000 USD
CY2013 hpp Business Acquisition Cost Of Acquired Entity Non Controlling Interest Portion
BusinessAcquisitionCostOfAcquiredEntityNonControllingInterestPortion
45704000 USD
CY2014Q1 hpp Business Acquisition Purchase Price Allocation Above Market Leases
BusinessAcquisitionPurchasePriceAllocationAboveMarketLeases
173000 USD
CY2013Q4 hpp Business Acquisition Purchase Price Allocation Below Market Leases
BusinessAcquisitionPurchasePriceAllocationBelowMarketLeases
-22449000 USD
CY2014Q1 hpp Business Acquisition Purchase Price Allocation Below Market Leases
BusinessAcquisitionPurchasePriceAllocationBelowMarketLeases
-3315000 USD
CY2013Q4 hpp Business Acquisition Purchase Price Allocation Fair Market Unfavorable Debt Value
BusinessAcquisitionPurchasePriceAllocationFairMarketUnfavorableDebtValue
-5820000 USD
CY2013Q4 hpp Business Acquisition Purchase Price Allocation Investment In Real Estate Net
BusinessAcquisitionPurchasePriceAllocationInvestmentInRealEstateNet
538322000 USD
CY2014Q1 hpp Business Acquisition Purchase Price Allocation Investment In Real Estate Net
BusinessAcquisitionPurchasePriceAllocationInvestmentInRealEstateNet
76008000 USD
CY2013Q4 hpp Business Acquisition Purchase Price Allocation Other Lease Intangibles
BusinessAcquisitionPurchasePriceAllocationOtherLeaseIntangibles
34256000 USD
CY2014Q1 hpp Business Acquisition Purchase Price Allocation Other Lease Intangibles
BusinessAcquisitionPurchasePriceAllocationOtherLeaseIntangibles
3163000 USD
CY2013Q1 hpp Business Acquisition Purchase Price Allocation Other Liabilities Asset Assumed Net
BusinessAcquisitionPurchasePriceAllocationOtherLiabilitiesAssetAssumedNet
0 USD
CY2014Q1 hpp Business Acquisition Purchase Price Allocation Other Liabilities Asset Assumed Net
BusinessAcquisitionPurchasePriceAllocationOtherLiabilitiesAssetAssumedNet
-449000 USD
CY2013Q4 hpp Business Acquisition Purchase Price Allocation Other Liabilities Asset Assumed Net
BusinessAcquisitionPurchasePriceAllocationOtherLiabilitiesAssetAssumedNet
-2423000 USD
CY2013 hpp Business Combinations Costof Acquired Notes Receivable
BusinessCombinationsCostofAcquiredNotesReceivable
4000000 USD
CY2014Q1 hpp Capitalized Costs Personnel
CapitalizedCostsPersonnel
600000 USD
CY2013Q1 hpp Capitalized Costs Personnel
CapitalizedCostsPersonnel
500000 USD
CY2013Q1 hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnerships
-130000 USD
CY2014Q1 hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnerships
27000 USD
CY2014Q1 hpp Construction Costs Capitalization Period After Substantially Complete
ConstructionCostsCapitalizationPeriodAfterSubstantiallyComplete
P1Y
CY2014Q1 hpp Debt Instrument Duration Used In Interest Rate Calculation
DebtInstrumentDurationUsedInInterestRateCalculation
P360D
CY2014Q1 hpp Debt Instrument Interest Only Term Of Loan1
DebtInstrumentInterestOnlyTermOfLoan1
P5Y
CY2014Q1 hpp Goodwill Impairment Indicators
GoodwillImpairmentIndicators
0 indicator
CY2013Q1 hpp Goodwill Impairment Indicators
GoodwillImpairmentIndicators
0 indicator
CY2014Q1 hpp Ground Leases Future Minimum Payments
GroundLeasesFutureMinimumPayments
57556000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments Current
GroundLeasesFutureMinimumPaymentsCurrent
1063000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments In Five Years
GroundLeasesFutureMinimumPaymentsInFiveYears
1417000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments In Four Years
GroundLeasesFutureMinimumPaymentsInFourYears
1417000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments In Six Years
GroundLeasesFutureMinimumPaymentsInSixYears
1417000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments In Three Years
GroundLeasesFutureMinimumPaymentsInThreeYears
1417000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments In Two Years
GroundLeasesFutureMinimumPaymentsInTwoYears
1417000 USD
CY2014Q1 hpp Ground Leases Future Minimum Payments Thereafter
GroundLeasesFutureMinimumPaymentsThereafter
49408000 USD
CY2014Q1 hpp Long Term Debt Maturities Repayments Of Principal After Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearSix
253785000 USD
CY2014Q1 hpp Long Term Debt Maturities Repayments Of Principal In Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSix
3706000 USD
CY2013 hpp Members Equity Contributions
MembersEquityContributions
45704000 USD
CY2014Q1 hpp Net Income Loss Attributable To Common Units Operating Partnership
NetIncomeLossAttributableToCommonUnitsOperatingPartnership
-47000 USD
CY2013Q1 hpp Net Income Loss Attributable To Common Units Operating Partnership
NetIncomeLossAttributableToCommonUnitsOperatingPartnership
131000 USD
CY2014Q1 hpp Noncontrolling Interest Ownership By Noncontrolling Owners Amount
NoncontrollingInterestOwnershipByNoncontrollingOwnersAmount
2382563 shares
CY2013Q4 hpp Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
0 property
CY2014Q1 hpp Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
1 property
CY2014Q1 hpp Numberof Common Unit Holders
NumberofCommonUnitHolders
1 common_unit_holder
CY2013Q4 hpp Numberof Common Unit Holders
NumberofCommonUnitHolders
1 common_unit_holder
CY2014Q1 hpp Numberof Derivativesina Liability Position
NumberofDerivativesinaLiabilityPosition
1 derivative
CY2014Q1 hpp Numberof Subsidiaries
NumberofSubsidiaries
1 subsidiary
CY2013Q4 hpp Off Market Lease Unfavorable Accumulated Accretion
OffMarketLeaseUnfavorableAccumulatedAccretion
22074000 USD
CY2014Q1 hpp Off Market Lease Unfavorable Accumulated Accretion
OffMarketLeaseUnfavorableAccumulatedAccretion
23976000 USD
CY2014Q1 hpp Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
70829000 USD
CY2013Q4 hpp Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
67513000 USD
CY2014Q1 hpp Operating Leases Future Minimum Payments Receivable After Six Years
OperatingLeasesFutureMinimumPaymentsReceivableAfterSixYears
457549000 USD
CY2014Q1 hpp Operating Leases Future Minimum Payments Receivable In Six Years
OperatingLeasesFutureMinimumPaymentsReceivableInSixYears
112903000 USD
CY2014Q1 hpp Other Income Expense
OtherIncomeExpense
-6621000 USD
CY2013Q1 hpp Other Income Expense
OtherIncomeExpense
-5487000 USD
CY2014Q1 hpp Payments Of Deferred Leasing Costs And Lease Intangibles
PaymentsOfDeferredLeasingCostsAndLeaseIntangibles
819000 USD
CY2013Q1 hpp Payments Of Deferred Leasing Costs And Lease Intangibles
PaymentsOfDeferredLeasingCostsAndLeaseIntangibles
6073000 USD
CY2014Q1 hpp Profit Loss Excluding Gains Losses Of Redeemable Noncontrolling Interests In Partially Owned Consolidated Subsidiaries
ProfitLossExcludingGainsLossesOfRedeemableNoncontrollingInterestsInPartiallyOwnedConsolidatedSubsidiaries
4369000 USD
CY2013 hpp Profit Loss Excluding Gains Losses Of Redeemable Noncontrolling Interests In Partially Owned Consolidated Subsidiaries
ProfitLossExcludingGainsLossesOfRedeemableNoncontrollingInterestsInPartiallyOwnedConsolidatedSubsidiaries
-3343000 USD
CY2014Q1 hpp Weighted Average Number Shares Outstanding Basic And Diluted
WeightedAverageNumberSharesOutstandingBasicAndDiluted
63625751 shares
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Hudson Pacific Properties, Inc.
CY2014Q1 hpp Segment Reporting Information Intersegment Transfers
SegmentReportingInformationIntersegmentTransfers
0 USD
CY2013Q1 hpp Segment Reporting Information Intersegment Transfers
SegmentReportingInformationIntersegmentTransfers
0 USD
CY2013Q4 hpp Series B Cumulative Redeemable Preferred Stock Value Issued
SeriesBCumulativeRedeemablePreferredStockValueIssued
145000000 USD
CY2014Q1 hpp Series B Cumulative Redeemable Preferred Stock Value Issued
SeriesBCumulativeRedeemablePreferredStockValueIssued
145000000 USD
CY2013Q1 hpp Weighted Average Number Shares Outstanding Basic And Diluted
WeightedAverageNumberSharesOutstandingBasicAndDiluted
52184280 shares
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001482512
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
67029422 shares

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