XML 17 R2.htm IDEA: XBRL DOCUMENT v3.23.1
HPI - Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Real estate assets, at cost:    
Land $ 543,514 $ 548,720
Buildings and tenant improvements 5,888,398 5,909,754
Development in-process 54,846 46,735
Land held for development 229,531 231,218
Total real estate assets 6,716,289 6,736,427
Less-accumulated depreciation (1,626,650) (1,609,502)
Net real estate assets 5,089,639 5,126,925
Cash and cash equivalents 15,733 21,357
Restricted cash 5,901 4,748
Accounts receivable 24,561 25,481
Mortgages and notes receivable 998 1,051
Accrued straight-line rents receivable 302,080 293,674
Investments in and advances to unconsolidated affiliates 314,149 269,221
Deferred leasing costs, net of accumulated amortization of $164,202 and $163,751, respectively 246,382 252,828
Prepaid expenses and other assets, net of accumulated depreciation of $22,530 and $21,660, respectively 70,570 68,091
Total Assets 6,070,013 6,063,376
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity:    
Mortgages and notes payable, net 3,263,969 3,197,215
Accounts payable, accrued expenses and other liabilities 264,203 301,184
Total Liabilities 3,528,172 3,498,399
Commitments and contingencies
Noncontrolling interests in the Operating Partnership 54,682 65,977
Equity:    
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 28,811 and 28,821 shares issued and outstanding, respectively 28,811 28,821
Common Stock, $.01 par value, 200,000,000 authorized shares; 105,457,508 and 105,210,858 shares issued and outstanding, respectively 1,055 1,052
Additional paid-in capital 3,096,126 3,081,330
Distributions in excess of net income available for common stockholders (642,014) (633,227)
Accumulated other comprehensive loss (1,286) (1,211)
Total Stockholders’ Equity 2,482,692 2,476,765
Noncontrolling interests in consolidated affiliates 4,467 22,235
Total Equity/Capital 2,487,159 2,499,000
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital $ 6,070,013 $ 6,063,376