2020 Q2 Form 10-Q Financial Statement

#000148251220000098 Filed on July 31, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $198.6M $196.7M
YoY Change 0.99% 12.27%
Cost Of Revenue $72.60M $70.40M
YoY Change 3.13% 12.64%
Gross Profit $126.0M $126.2M
YoY Change -0.14% 12.01%
Gross Profit Margin 63.47% 64.18%
Selling, General & Admin $17.90M $18.30M
YoY Change -2.19% 12.96%
% of Gross Profit 14.2% 14.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.52M $69.61M
YoY Change 5.62% 14.66%
% of Gross Profit 58.32% 55.15%
Operating Expenses $164.0M $158.4M
YoY Change 3.53% 13.63%
Operating Profit -$37.93M -$32.16M
YoY Change 17.92% -189.89%
Interest Expense $27.93M $26.55M
YoY Change 5.19% 37.35%
% of Operating Profit
Other Income/Expense, Net -$27.62M -$25.45M
YoY Change 8.55% 58.16%
Pretax Income $7.000M $12.80M
YoY Change -45.31% -35.03%
Income Tax
% Of Pretax Income
Net Earnings $7.011M $9.786M
YoY Change -28.36% -39.6%
Net Earnings / Revenue 3.53% 4.98%
Basic Earnings Per Share $0.02 $0.06
Diluted Earnings Per Share $0.02 $0.06
COMMON SHARES
Basic Shares Outstanding 153.3M shares 154.4M shares
Diluted Shares Outstanding 155.6M shares 154.7M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.10M $48.20M
YoY Change -6.43% -16.17%
Cash & Equivalents $45.05M $48.17M
Short-Term Investments
Other Short-Term Assets $10.90M
YoY Change
Inventory
Prepaid Expenses
Receivables $235.7M $184.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $291.7M $232.9M
YoY Change 25.25% 23.75%
LONG-TERM ASSETS
Property, Plant & Equipment $6.720B $6.567B
YoY Change 2.33% 12.89%
Goodwill $8.754M $8.754M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $62.69M $65.50M
YoY Change -4.29% 354.83%
Other Assets $280.0M $113.2M
YoY Change 147.35% -45.97%
Total Long-Term Assets $7.315B $7.254B
YoY Change 0.84% 13.86%
TOTAL ASSETS
Total Short-Term Assets $291.7M $232.9M
Total Long-Term Assets $7.315B $7.254B
Total Assets $7.607B $7.487B
YoY Change 1.6% 14.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $322.8M $242.0M
YoY Change 33.39% 59.53%
Accrued Expenses $271.6M $273.9M
YoY Change -0.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $669.8M $577.7M
YoY Change 15.94% 167.08%
LONG-TERM LIABILITIES
Long-Term Debt $3.173B $3.038B
YoY Change 4.45% 28.62%
Other Long-Term Liabilities $26.10M $37.90M
YoY Change -31.13% -16.34%
Total Long-Term Liabilities $3.199B $3.076B
YoY Change 4.02% 27.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $669.8M $577.7M
Total Long-Term Liabilities $3.199B $3.076B
Total Liabilities $3.869B $3.653B
YoY Change 5.9% 39.26%
SHAREHOLDERS EQUITY
Retained Earnings -$31.36M
YoY Change
Common Stock $1.534M $1.543M
YoY Change -0.58% -0.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.303B $3.422B
YoY Change
Total Liabilities & Shareholders Equity $7.607B $7.487B
YoY Change 1.6% 14.14%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $7.011M $9.786M
YoY Change -28.36% -39.6%
Depreciation, Depletion And Amortization $73.52M $69.61M
YoY Change 5.62% 14.66%
Cash From Operating Activities $47.40M $56.30M
YoY Change -15.81% 47.77%
INVESTING ACTIVITIES
Capital Expenditures -$90.20M -$94.70M
YoY Change -4.75% -15.22%
Acquisitions
YoY Change
Other Investing Activities $1.400M -$47.10M
YoY Change -102.97% 229.37%
Cash From Investing Activities -$88.80M -$141.7M
YoY Change -37.33% 12.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -305.9M 81.00M
YoY Change -477.65% 2.66%
NET CHANGE
Cash From Operating Activities 47.40M 56.30M
Cash From Investing Activities -88.80M -141.7M
Cash From Financing Activities -305.9M 81.00M
Net Change In Cash -347.3M -4.400M
YoY Change 7793.18% -51.11%
FREE CASH FLOW
Cash From Operating Activities $47.40M $56.30M
Capital Expenditures -$90.20M -$94.70M
Free Cash Flow $137.6M $151.0M
YoY Change -8.87% 0.8%

Facts In Submission

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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-14129000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-13891000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1648000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1838000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1511000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
3748000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-203000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-9775000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-12618000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-17639000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1935000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8460000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15479000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16324000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
8946000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4363000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1244000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5481000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-40396000 USD
CY2020Q2 hpp Preferred Distributions Made To Partners
PreferredDistributionsMadeToPartners
153000 USD
CY2019Q2 hpp Preferred Distributions Made To Partners
PreferredDistributionsMadeToPartners
153000 USD
hpp Preferred Distributions Made To Partners
PreferredDistributionsMadeToPartners
306000 USD
hpp Preferred Distributions Made To Partners
PreferredDistributionsMadeToPartners
306000 USD
CY2020Q2 hpp Comprehensive Income Loss Net Of Tax Attributable To Participating Securities
ComprehensiveIncomeLossNetOfTaxAttributableToParticipatingSecurities
10000 USD
CY2019Q2 hpp Comprehensive Income Loss Net Of Tax Attributable To Participating Securities
ComprehensiveIncomeLossNetOfTaxAttributableToParticipatingSecurities
48000 USD
hpp Comprehensive Income Loss Net Of Tax Attributable To Participating Securities
ComprehensiveIncomeLossNetOfTaxAttributableToParticipatingSecurities
39000 USD
hpp Comprehensive Income Loss Net Of Tax Attributable To Participating Securities
ComprehensiveIncomeLossNetOfTaxAttributableToParticipatingSecurities
356000 USD
CY2020Q2 hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest In Consolidated Entities
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestInConsolidatedEntities
3890000 USD
CY2019Q2 hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest In Consolidated Entities
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestInConsolidatedEntities
3317000 USD
hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest In Consolidated Entities
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestInConsolidatedEntities
7407000 USD
hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest In Consolidated Entities
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestInConsolidatedEntities
6138000 USD
CY2020Q2 hpp Net Income Loss Attributable To Redeemable Non Controlling Interest In Consolidated Real Estate Entities
NetIncomeLossAttributableToRedeemableNonControllingInterestInConsolidatedRealEstateEntities
-770000 USD
CY2019Q2 hpp Net Income Loss Attributable To Redeemable Non Controlling Interest In Consolidated Real Estate Entities
NetIncomeLossAttributableToRedeemableNonControllingInterestInConsolidatedRealEstateEntities
-558000 USD
hpp Net Income Loss Attributable To Redeemable Non Controlling Interest In Consolidated Real Estate Entities
NetIncomeLossAttributableToRedeemableNonControllingInterestInConsolidatedRealEstateEntities
-1403000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3709362000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6868000 USD
hpp Net Income Loss Attributable To Redeemable Non Controlling Interest In Consolidated Real Estate Entities
NetIncomeLossAttributableToRedeemableNonControllingInterestInConsolidatedRealEstateEntities
-1158000 USD
CY2020Q2 hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnerships
56000 USD
CY2019Q2 hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnerships
12000 USD
hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnerships
-9000 USD
hpp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnerships
-210000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5607000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1391000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-859000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-45828000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3629754000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4100000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
0 USD
CY2020Q2 us-gaap Dividends
Dividends
38890000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5304000 USD
CY2020Q2 hpp Profit Loss Excluding Gains Losses Of Redeemable Noncontrolling Interests In Partially Owned Consolidated Subsidiaries
ProfitLossExcludingGainsLossesOfRedeemableNoncontrollingInterestsInPartiallyOwnedConsolidatedSubsidiaries
7628000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1935000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3601631000 USD
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
306000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5501000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
35351000 USD
us-gaap Dividends
Dividends
77773000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11184000 USD
hpp Profit Loss Excluding Gains Losses Of Redeemable Noncontrolling Interests In Partially Owned Consolidated Subsidiaries
ProfitLossExcludingGainsLossesOfRedeemableNoncontrollingInterestsInPartiallyOwnedConsolidatedSubsidiaries
22057000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15479000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3601631000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3740244000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2198000 USD
CY2019Q2 us-gaap Dividends
Dividends
39137000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5102000 USD
CY2019Q2 hpp Profit Loss Excluding Gains Losses Of Redeemable Noncontrolling Interests In Partially Owned Consolidated Subsidiaries
ProfitLossExcludingGainsLossesOfRedeemableNoncontrollingInterestsInPartiallyOwnedConsolidatedSubsidiaries
13228000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8460000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3708779000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3830130000 USD
hpp Number Of Properties Acquired
NumberOfPropertiesAcquired
0 property
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6226000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3668000 USD
us-gaap Dividends
Dividends
79564000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10281000 USD
hpp Profit Loss Excluding Gains Losses Of Redeemable Noncontrolling Interests In Partially Owned Consolidated Subsidiaries
ProfitLossExcludingGainsLossesOfRedeemableNoncontrollingInterestsInPartiallyOwnedConsolidatedSubsidiaries
-23220000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16324000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
525000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3708779000 USD
us-gaap Profit Loss
ProfitLoss
20960000 USD
us-gaap Profit Loss
ProfitLoss
-24072000 USD
hpp Depreciation Depletion And Amortization Including Discontinued Operations
DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations
147279000 USD
hpp Depreciation Depletion And Amortization Including Discontinued Operations
DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations
138111000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2489000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3034000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9618000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10217000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
174000 USD
hpp Number Of Dispositions
NumberOfDispositions
0 property
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-85000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2848000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
us-gaap Straight Line Rent
StraightLineRent
26136000 USD
us-gaap Straight Line Rent
StraightLineRent
28469000 USD
hpp Straight Line Rent Expense
StraightLineRentExpense
731000 USD
hpp Straight Line Rent Expense
StraightLineRentExpense
731000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-5007000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-7109000 USD
hpp Amortization Of Above And Below Market Ground Leases Net
AmortizationOfAboveAndBelowMarketGroundLeasesNet
1176000 USD
hpp Amortization Of Above And Below Market Ground Leases Net
AmortizationOfAboveAndBelowMarketGroundLeasesNet
1230000 USD
us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
971000 USD
us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
769000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
89000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
0 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-52201000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
99000 USD
hpp Payments Of Deferred Leasing Costs And Lease Intangibles
PaymentsOfDeferredLeasingCostsAndLeaseIntangibles
8093000 USD
hpp Payments Of Deferred Leasing Costs And Lease Intangibles
PaymentsOfDeferredLeasingCostsAndLeaseIntangibles
16777000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14090000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5081000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
16911000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
27933000 USD
hpp Increase Decrease In Security Deposits And Prepaid Rent
IncreaseDecreaseInSecurityDepositsAndPrepaidRent
-10755000 USD
hpp Increase Decrease In Security Deposits And Prepaid Rent
IncreaseDecreaseInSecurityDepositsAndPrepaidRent
-6899000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
137484000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
145716000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
169295000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
189273000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2825000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4185000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
73000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
461000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
64448000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
20500000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-166858000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-270036000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
453184000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
695001000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
300294000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
485283000 USD
hpp Proceeds From Repayments Of Joint Venture Debt
ProceedsFromRepaymentsOfJointVentureDebt
-1643000 USD
hpp Proceeds From Repayments Of Joint Venture Debt
ProceedsFromRepaymentsOfJointVentureDebt
-1587000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
35351000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
525000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
77773000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
79564000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
306000 USD
hpp Proceeds From Contribution From Redeemable Noncontrolling Member In Consolidated Entity
ProceedsFromContributionFromRedeemableNoncontrollingMemberInConsolidatedEntity
2551000 USD
hpp Proceeds From Contribution From Redeemable Noncontrolling Member In Consolidated Entity
ProceedsFromContributionFromRedeemableNoncontrollingMemberInConsolidatedEntity
2941000 USD
hpp Payments For Redeemable Noncontrolling Member In Consolidated Entity
PaymentsForRedeemableNoncontrollingMemberInConsolidatedEntity
8000 USD
hpp Payments For Redeemable Noncontrolling Member In Consolidated Entity
PaymentsForRedeemableNoncontrollingMemberInConsolidatedEntity
7000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-6868000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-6226000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5501000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3668000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3100000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27987000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
117676000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1387000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6644000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58258000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68191000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56871000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61547000 USD
CY2020Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
62 property
CY2020Q2 us-gaap Net Rentable Area
NetRentableArea
18762332 sqft
CY2019Q4 hpp Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
0 property
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Use of Estimates</span></div><div style="text-indent:36pt;"><span><br/></span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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, determining the incremental borrowing rate used in the present value calculations of its new or modified operating lessee agreements, 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.</span></div>
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P31Y
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7269128000 USD
CY2020Q2 us-gaap Land
Land
1313412000 USD
CY2019Q4 us-gaap Land
Land
1313412000 USD
CY2020Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5259044000 USD
CY2019Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5189342000 USD
CY2020Q2 us-gaap Tenant Improvements
TenantImprovements
665378000 USD
CY2019Q4 us-gaap Tenant Improvements
TenantImprovements
631459000 USD
CY2020Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
11445000 USD
CY2019Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
10693000 USD
CY2020Q2 us-gaap Development In Process
DevelopmentInProcess
189518000 USD
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
124222000 USD
CY2020Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7438797000 USD
CY2020Q2 hpp Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
0 property
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
265550000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
285448000 USD
CY2020Q2 hpp Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
26111000 USD
CY2019Q4 hpp Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
31493000 USD
CY2020Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
14300000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2019Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
13000000.0 USD
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
8754000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
6101000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
5545000 USD
CY2020Q2 hpp Deferred Financing Costs Net
DeferredFinancingCostsNet
2608000 USD
CY2019Q4 hpp Deferred Financing Costs Net
DeferredFinancingCostsNet
3246000 USD
CY2020Q2 us-gaap Prepaid Taxes
PrepaidTaxes
0 USD
CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
2070000 USD
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
479000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
29043000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
23012000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
127946000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
68974000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1600000 USD
CY2020Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1600000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
CY2019Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
CY2020Q2 hpp Operating Lease Expense Minimum Contingent
OperatingLeaseExpenseMinimumContingent
2100000 USD
CY2019Q2 hpp Operating Lease Expense Minimum Contingent
OperatingLeaseExpenseMinimumContingent
2977000 USD
hpp Operating Lease Expense Minimum Contingent
OperatingLeaseExpenseMinimumContingent
4256000 USD
hpp Operating Lease Expense Minimum Contingent
OperatingLeaseExpenseMinimumContingent
5491000 USD
CY2020Q2 hpp Operating Lease Expense Minimum
OperatingLeaseExpenseMinimum
4991000 USD
CY2019Q2 hpp Operating Lease Expense Minimum
OperatingLeaseExpenseMinimum
4606000 USD
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
479000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
13710000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1791000 USD
hpp Operating Lease Expense Minimum
OperatingLeaseExpenseMinimum
9982000 USD
hpp Operating Lease Expense Minimum
OperatingLeaseExpenseMinimum
9209000 USD
CY2020Q2 hpp Unrealized Gain Loss On Unconsolidated Non Real Estate Investments
UnrealizedGainLossOnUnconsolidatedNonRealEstateInvestments
-600000 USD
CY2020Q2 hpp Fair Value Investments Entities That Calculate Net Asset Value Per Share Unrealized Gain Loss
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnrealizedGainLoss
-700000 USD
hpp Fair Value Investments Entities That Calculate Net Asset Value Per Share Unrealized Gain Loss
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnrealizedGainLoss
-1200000 USD
CY2019Q2 hpp Fair Value Investments Entities That Calculate Net Asset Value Per Share Unrealized Gain Loss
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnrealizedGainLoss
0 USD
hpp Fair Value Investments Entities That Calculate Net Asset Value Per Share Unrealized Gain Loss
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnrealizedGainLoss
0 USD
hpp Debt Instrument Duration Used In Interest Rate Calculation
DebtInstrumentDurationUsedInInterestRateCalculation
P360D
CY2020Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
31165000 USD
CY2019Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
28980000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
61451000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
56445000 USD
CY2020Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
4479000 USD
CY2019Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
3871000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
9593000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
8577000 USD
CY2020Q2 hpp Non Cash Portion Of Interest Expense
NonCashPortionOfInterestExpense
1244000 USD
CY2019Q2 hpp Non Cash Portion Of Interest Expense
NonCashPortionOfInterestExpense
1443000 USD
hpp Non Cash Portion Of Interest Expense
NonCashPortionOfInterestExpense
2489000 USD
hpp Non Cash Portion Of Interest Expense
NonCashPortionOfInterestExpense
3034000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
27930000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
26552000 USD
us-gaap Interest Expense
InterestExpense
54347000 USD
us-gaap Interest Expense
InterestExpense
50902000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-7300000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9251000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18622000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
18663000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18438000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
18392000 USD
CY2020Q2 hpp Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
534353000 USD
CY2020Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
137900000 USD
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
140700000 USD
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
6600000 USD
CY2020Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
5700000 USD
CY2020Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
5800000 USD
CY2020Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
132240000 USD
CY2020Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
138769000 USD
CY2020Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
137940000 USD
CY2020Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
144569000 USD
CY2020Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
309744000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
596040000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
550874000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
513610000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
443618000 USD
CY2020Q2 hpp Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
1847819000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
4261705000 USD
CY2019Q4 hpp Allowance For Doubtful Deferred Rent Receivables
AllowanceForDoubtfulDeferredRentReceivables
0 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
617719000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
346090000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
271629000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2020Q2 hpp Deferred Rent Receivables Gross
DeferredRentReceivablesGross
227200000 USD
CY2020Q2 hpp Allowance For Doubtful Deferred Rent Receivables
AllowanceForDoubtfulDeferredRentReceivables
5700000 USD
CY2019Q4 hpp Deferred Rent Receivables Gross
DeferredRentReceivablesGross
195300000 USD
CY2020Q2 us-gaap Deposits Assets
DepositsAssets
50000000 USD
CY2019Q4 us-gaap Deposits Assets
DepositsAssets
0 USD
CY2020Q2 hpp Deposits For Future Acquisitions
DepositsForFutureAcquisitions
20500000 USD
CY2019Q4 hpp Deposits For Future Acquisitions
DepositsForFutureAcquisitions
22405000 USD
CY2020Q2 us-gaap Prepaid Insurance
PrepaidInsurance
10940000 USD
CY2019Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3463000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
8754000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4723000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5067000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
581000 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
35000 USD
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
5304000 USD
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
5102000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3691000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9786000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14468000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-29606000 USD
CY2020Q2 us-gaap Dilutive Securities
DilutiveSecurities
39000 USD
CY2019Q2 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
us-gaap Dilutive Securities
DilutiveSecurities
146000 USD
us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3730000 USD
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.0625
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9786000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14614000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-29606000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153306976 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154384586 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153869789 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154390340 shares
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2314537 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
302675 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2645537 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155621513 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154687261 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156515326 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154390340 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
CY2020Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
35400000 USD
CY2020Q2 hpp Stock Repurchased Value Cumulative
StockRepurchasedValueCumulative
85400000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
CY2020Q2 hpp Common Units Dividends Per Share Declared
CommonUnitsDividendsPerShareDeclared
0.25
CY2020Q2 hpp Common Units Dividends Per Share Cash Paid
CommonUnitsDividendsPerShareCashPaid
0.25
CY2019Q2 hpp Common Units Dividends Per Share Cash Paid
CommonUnitsDividendsPerShareCashPaid
0.25
CY2019Q2 hpp Common Units Dividends Per Share Declared
CommonUnitsDividendsPerShareDeclared
0.25
hpp Common Units Dividends Per Share Declared
CommonUnitsDividendsPerShareDeclared
0.50
hpp Common Units Dividends Per Share Cash Paid
CommonUnitsDividendsPerShareCashPaid
0.50
hpp Common Units Dividends Per Share Cash Paid
CommonUnitsDividendsPerShareCashPaid
0.50
hpp Common Units Dividends Per Share Declared
CommonUnitsDividendsPerShareDeclared
0.50
CY2020Q2 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.3906
CY2019Q2 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.3906
us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
0.7812
us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.7812
us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
0.7812
us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.7812
CY2020Q2 hpp Performance Units Dividends Per Share Cash Paid
PerformanceUnitsDividendsPerShareCashPaid
0.25
CY2020Q2 hpp Performance Units Dividends Per Share Declared
PerformanceUnitsDividendsPerShareDeclared
0.25
CY2019Q2 hpp Performance Units Dividends Per Share Declared
PerformanceUnitsDividendsPerShareDeclared
0.25
CY2019Q2 hpp Performance Units Dividends Per Share Cash Paid
PerformanceUnitsDividendsPerShareCashPaid
0.25
hpp Performance Units Dividends Per Share Cash Paid
PerformanceUnitsDividendsPerShareCashPaid
0.50
hpp Performance Units Dividends Per Share Declared
PerformanceUnitsDividendsPerShareDeclared
0.50
hpp Performance Units Dividends Per Share Declared
PerformanceUnitsDividendsPerShareDeclared
0.50
hpp Performance Units Dividends Per Share Cash Paid
PerformanceUnitsDividendsPerShareCashPaid
0.50
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 property
CY2020Q2 us-gaap Gross Profit
GrossProfit
126048000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
126221000 USD
us-gaap Gross Profit
GrossProfit
257765000 USD
us-gaap Gross Profit
GrossProfit
251686000 USD
CY2020Q2 us-gaap Revenues
Revenues
198610000 USD
CY2019Q2 us-gaap Revenues
Revenues
196656000 USD
us-gaap Revenues
Revenues
404837000 USD
us-gaap Revenues
Revenues
394045000 USD
CY2020Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
72562000 USD
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
70435000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
147072000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
142359000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
126048000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
126221000 USD
us-gaap Gross Profit
GrossProfit
257765000 USD
us-gaap Gross Profit
GrossProfit
251686000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
7011000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
12823000 USD
us-gaap Profit Loss
ProfitLoss
20960000 USD
us-gaap Profit Loss
ProfitLoss
-24072000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17897000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18344000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36515000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36438000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
73516000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69606000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
147279000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
138111000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
410000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-85000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
174000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-85000 USD
CY2020Q2 hpp Fee Income Nonoperating
FeeIncomeNonoperating
556000 USD
CY2019Q2 hpp Fee Income Nonoperating
FeeIncomeNonoperating
0 USD
hpp Fee Income Nonoperating
FeeIncomeNonoperating
1166000 USD
hpp Fee Income Nonoperating
FeeIncomeNonoperating
0 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
27930000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
26552000 USD
us-gaap Interest Expense
InterestExpense
54347000 USD
us-gaap Interest Expense
InterestExpense
50902000 USD
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1048000 USD
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1008000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2073000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2032000 USD
CY2020Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
157000 USD
CY2019Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
259000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
128000 USD
CY2020Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2267000 USD
CY2019Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2848000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2020Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2019Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
52201000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
716000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
181000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1030000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
75000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
126048000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
126221000 USD
us-gaap Gross Profit
GrossProfit
257765000 USD
us-gaap Gross Profit
GrossProfit
251686000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53740000 USD
us-gaap Interest Paid Net
InterestPaidNet
48794000 USD
us-gaap Interest Paid Net
InterestPaidNet
42643000 USD
hpp Accounts Payable And Accrued Liabilities For Investment In Property
AccountsPayableAndAccruedLiabilitiesForInvestmentInProperty
162454000 USD
hpp Accounts Payable And Accrued Liabilities For Investment In Property
AccountsPayableAndAccruedLiabilitiesForInvestmentInProperty
9564000 USD
us-gaap Transfer Of Investments
TransferOfInvestments
50000000 USD
us-gaap Transfer Of Investments
TransferOfInvestments
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46224000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12034000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14451000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58258000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68191000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
45052000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48172000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11819000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13375000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56871000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61547000 USD
CY2020Q3 hpp Percentage Of Second Fiscal Quarter Rent Collected
PercentageOfSecondFiscalQuarterRentCollected
0.973
CY2020Q3 hpp Percent Of July Rent Collected
PercentOfJulyRentCollected
0.948

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