Hudson Pacific Properties (Hudson Pacific Properties) Long-Term Capital Lease Obligation : $389.21 Mil (As of Dec. 2023)

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What is Hudson Pacific Properties Long-Term Capital Lease Obligation?

Hudson Pacific Properties's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $389.21 Mil.

Hudson Pacific Properties's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($395.17 Mil) to Sep. 2023 ($393.77 Mil) and declined from Sep. 2023 ($393.77 Mil) to Dec. 2023 ($389.21 Mil).

Hudson Pacific Properties's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($293.60 Mil) to Dec. 2022 ($399.80 Mil) but then declined from Dec. 2022 ($399.80 Mil) to Dec. 2023 ($389.21 Mil).

Hudson Pacific Properties Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hudson Pacific Properties's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hudson Pacific Properties Long-Term Capital Lease Obligation Chart

Hudson Pacific Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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272.70

270.01

293.60

399.80

389.21

Hudson Pacific Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															399.80	399.08	395.17	393.77	389.21

Hudson Pacific Properties (NYSE:HPPpBCL.PFD) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Hudson Pacific Properties Long-Term Capital Lease Obligation Related Terms

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Hudson Pacific Properties (Hudson Pacific Properties) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hudson Pacific Properties Inc (NYSE:HPPpBCL.PFD) » Definitions » Long-Term Capital Lease Obligation

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HPPpC.PFD:USA HPP:USA HP9:Germany

Address

11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025

Website

https://www.hudsonpacificproperties.com

Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.