Hudson Pacific Properties, Inc. HPP Cash Flow

Hudson pacific properties, inc. (HPP)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)
13,949	16,963	62,955	12,823	-36,895	19,257	20,270	19,691	52,563	48,944	14,510	6,954	24,153	28,530	5,217	4,035	5,976	-2,745	-1,828	-36,083	24,574	885	11,415	6,689	4,533	3,269	-2,752	-3,428	317	-2,971	-274	-2,229	468	-1,318	-803	-210	93
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
73,763	74,196	69,781	69,606	68,505	67,520	62,224	60,706	60,553	66,230	71,158	75,415	70,767	67,197	67,414	66,108	68,368	74,126	80,195	73,592	17,158	20,243	17,361	17,944	16,668	16,994	20,256	14,697	18,905	17,602	13,582	13,708	12,132	11,637	11,036	10,626	11,361
Non-cash portion of interest expense
1,245	1,836	1,388	1,443	1,591	1,438	1,434	1,435	1,658	2,474	1,185	1,187	1,186	1,186	1,144	1,263	871	1,821	1,010	1,407	508	314	457	99	79	65	-41	164	298	250	232	340	304	267	379	282	86
Amortization of stock-based/unit-based compensation
4,895	4,088	5,176	5,067	5,150	4,109	4,292	4,289	4,338	3,842	3,449	3,886	3,902	4,213	3,288	3,301	3,342	2,235	2,034	2,003	2,149	2,512	1,792	1,978	1,277	1,480	1,462	1,786	1,726	1,014	1,196	849	1,153	656	691	593	720
Loss from unconsolidated real estate entity
-236	-402	-260	-85	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on non-real estate investment
-581	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
13,709	13,357	11,133	11,834	16,635	10,656	7,667	7,937	9,942	14,464	9,393	8,147	-2,366	9,681	8,117	5,623	5,658	5,355	9,248	11,325	3,464	3,532	2,536	4,609	2,685	2,751	2,930	3,254	1,448	119	773	910	1,563	1,851	218	1,153	876
Straight-line rent expenses
365	366	366	365	366	343	106	126	136	137	136	-221	381	137	136	221	529	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market leases, net
-2,544	-2,917	-2,810	-2,930	-4,179	-7,322	-3,229	-3,231	-3,811	-3,736	-3,921	-4,673	-5,732	-5,930	-4,502	-4,451	-4,851	-6,312	-27,618	10,413	1,444	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market ground leases, net
588	615	615	615	615	615	591	592	624	417	618	833	637	556	534	535	535	550	515	515	62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentive costs
472	504	498	443	326	429	348	384	303	406	382	379	379	371	362	327	328	154	145	144	138	179	113	80	53	-1	0	15	22	23	23	22	23	23	23	22	339
Amortization of above-market leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	433	452	658	543	634	675	690	1,021	815	931	990	830	795	846	841
Amortization of below-market leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,871	2,048	1,902	2,227	2,216	6,336	-2,209	12,412	-2,081	-1,652	-1,358	-1,114	-946	-967	-934
Other non-cash adjustments
-	-	-	-	-	-320	-163	370	-256	-285	-628	569	-539	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
0	-	0	0	-52,201	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt (recovery) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25	537	-	44	435	-44	229	-447	38	83	783	208	-63	31	235	83	-30	436	81	215	562	88
Amortization of ground lease intangible
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	62	62	62	62	61	62	62	62	61	62	62	62	62	62	80
Amortization of discount and net origination fees on purchased and originated loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-104	-104	-	-104	-104	-104	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on ineffective portion of derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-384	-2,125	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of real estate
-	-	-	-	-	0	3,735	1,928	37,674	28,734	0	0	16,866	21,874	0	2,163	6,352	0	8,371	-591	22,691	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,001	-	1,287	413	-177	-2,567	1,968	-32	964	-929	3,161	-3,038	-1	3,625	456	66	654	-103	1,440	-1,404	5,467
Accounts receivable
-67	-2,425	1,627	-4,164	4,263	2,199	5,598	1,275	1,782	-280	1,528	1,473	-4,650	-2,567	-2,520	-5,589	-4,412	4,338	5,006	-650	-2,960	2,450	4,951	2,291	-2,317	-3,213	1,872	-3,730	1,514	3,844	-1,557	2,374	-458	-1,714	-413	5,975	1,583
Deferred leasing costs and lease intangibles
4,139	10,576	19,292	3,102	13,675	22,646	10,805	15,221	6,614	8,974	8,054	8,581	6,635	8,866	8,885	20,305	5,420	7,006	8,208	11,866	1,900	757	6,968	3,722	819	10,773	4,164	3,203	6,073	1,817	1,716	1,332	631	1,321	1,200	841	826
Prepaid expenses and other assets
1,054	948	5,136	7,852	-2,771	2,348	-2,620	6,563	-3,313	-3,233	-2,873	4,801	1,072	2,304	-874	4,947	935	2,327	846	8,324	5,535	-1,930	3,493	26	13	-961	3,447	-475	-1,208	-2,410	1,153	677	257	-1,593	2,213	-35	-224
Accounts payable, accrued liabilities and other
28,162	-40,899	31,168	-5,071	33,004	-36,632	36,114	-12,633	-33	-15,213	28,356	-6,074	12,378	-37,212	27,167	2,535	3,084	-17,469	13,973	8,393	13,445	-13,280	18,944	536	-3,086	-15,817	13,681	-2,033	5,126	-9,278	9,387	541	3,904	-5,640	6,749	-3,605	6,155
Security deposits and prepaid rent
-12,779	21,713	2,686	-7,463	564	4,518	-1,767	7	559	-1,798	-1,831	1,201	-5,313	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,784	430	-	739	14,921	-404	96	527	-344	206	-61	-899	195	265	23	-355	79	485	-52	260	222	169
Prepaid rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,495	-6,319	-	-2,259	12,303	1,540	-2,663	-877	1,620	2,934	946	-2,024	-487	-2,302	4,375	-2,839	3,153	-3,966	-1,675	-196	1,010	1,097
Net cash provided by operating activities
90,098	54,411	87,884	56,270	89,446	16,746	95,361	38,072	64,447	53,355	98,568	55,316	85,720	25,922	91,985	49,970	58,897	54,638	57,594	36,426	27,125	4,822	22,455	16,490	19,401	-2,385	12,941	15,886	15,105	3,131	17,289	10,415	11,986	3,995	13,607	2,913	11,567
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment property
79,058	110,700	85,778	94,658	94,615	73,273	92,973	81,519	103,512	77,650	77,321	71,251	76,225	75,432	79,174	49,697	54,415	55,879	45,090	38,986	30,635	44,144	27,648	26,407	25,099	33,577	14,953	19,081	19,542	13,483	3,648	6,945	3,074	6,238	3,486	3,009	3,652
Property acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,000	0	0	75,580	0	379,889	9,994	0	-	-	-	-	-	-	-	-
Maturities of U.S. Government securities
1,284	1,531	510	2,253	1,932	2,229	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate
-	-	-	-	-	0	204,343	13,195	237,004	130,543	0	0	81,707	88,447	0	71,226	212,629	0	89,808	-636	88,316	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities
24	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolidated entities
351	-5	55	64,448	0	-	-	-	-	0	0	0	1,071	8,835	0	28,393	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits for property acquisitions
0	0	0	-15,084	35,584	-27,500	0	27,500	0	-	0	-56,323	56,323	-	-6,870	20,000	0	-	-1,500	-260,148	261,648	-	2,500	0	0	-	-	-	-	-	-	0	8,900	-	1,510	1,575	0
Net cash used in investing activities
-78,101	-109,163	62,790	-141,769	-128,267	-335,079	-64,756	-125,990	133,492	51,441	-74,798	-257,769	-51,912	-304,916	-380,223	2,028	158,214	-55,880	6,218	-1,544,070	-203,967	-79,644	-39,631	-26,407	-100,679	-33,577	-321,848	-49,075	-19,542	-221,506	-89,569	-100,421	-11,974	-60,210	-62,158	-4,584	-3,652
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt
415,040	480,646	40,000	265,000	430,001	290,000	110,000	120,000	130,000	496,660	40,000	230,000	0	361,000	280,000	647,000	30,000	806,071	60,461	1,367,836	319	116,086	240,099	39,944	52,843	75,566	360,641	28	8,692	233,738	10,000	0	83,000	88,000	33,000	144,500	100,000
Payments of unsecured and secured debt
148	380,145	145,141	150,138	335,145	919	140,132	131	308,529	500,634	622	20,628	300,642	80,601	210,590	386,510	210,906	614,215	90,846	35,433	173,200	75,872	171,197	14,292	156,147	34,867	105,976	715	60,564	10,917	686	10,529	121,629	30,437	43,491	201,413	109,617
Payments of in-substance defeased debt
-825	-	-	-	-806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from joint venture partner debt
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock/units, net
-	-	-	-	-	-	-	-34	-173	-142	15	-166	647,675	569,067	586,886	293,628	0	-183	-4,786	17	385,572	-1,599	0	0	197,468	12,654	0	0	189,888	0	0	190,798	0	0	0	111,008	0
Repurchase of common stock/units
35,351	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,750	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of operating partnership units
0	0	0	0	525	0	0	0	0	0	0	0	310,855	569,826	582,004	294,209	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issuance transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-296	5,050	-	21	73	580	185	0	87	305	242	378	107	0	-	-	-	-
Proceeds from issuance of Series B cumulative redeemable preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	57,500	-	-	-	-
Series B stock issuance transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5	0	1,865	0	0	0	600
Dividends paid to common stock and unitholders
38,883	39,129	39,132	39,137	40,427	38,944	39,354	39,354	39,351	40,136	39,245	39,244	39,919	29,350	29,350	29,317	29,802	29,138	18,226	18,224	10,287	8,932	8,679	8,679	8,676	7,446	7,388	7,388	7,385	6,207	6,209	6,224	4,559	4,525	4,523	4,524	3,132
Dividends paid to preferred unitholders
153	153	153	153	153	153	153	153	159	159	159	159	159	159	159	159	159	2,486	3,195	3,195	3,195	3,195	3,195	3,195	3,200	3,200	3,231	3,231	3,231	3,231	3,231	3,231	3,231	2,027	2,027	2,027	2,027
Contribution of redeemable non-controlling member in consolidated real estate entities
2,456	3,541	7,646	866	2,075	62,929	37,294	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of non-controlling member in consolidated real estate entities
-	-	-	-	-	0	-205	0	2,691	0	0	3,767	103	33,893	0	0	103	0	0	-1,355	219,150	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling member in consolidated real estate entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,544	0	0	298	1,160	0	0	0	-	-	-	-	-	-	-	-
Distribution to non-controlling member in consolidated real estate entities
-2,768	-	-2,156	-2,198	-4,028	-	-1,024	-1,028	-1,060	-59,467	-778	-14,281	-310	-313	-327	-337	-326	-267	-322	-491	-933	-	-854	-115	-1,416	-	-425	0	0	-	-	-	-	0	0	-41,107	-24
Payments to satisfy tax withholding
5,501	4,016	0	0	3,668	4,076	0	0	693	11,838	0	0	4,203	6,651	0	93	1,683	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of loan costs, net loan premium paid
4	12,520	3,156	-7,523	10,623	74	-13	13	6,965	1,307	0	0	0	1,331	1,327	812	522	2,435	5,312	9,286	3,647	398	2,377	-61	9	704	1,703	0	0	2,268	1,945	34	1,075	689	15	1,029	3,117
Net cash provided by financing activities
333,863	43,671	-142,882	80,975	36,701	323,286	-33,354	78,925	-224,239	-117,023	-789	159,289	-8,310	275,729	43,129	229,191	-213,295	9,052	-57,471	1,300,081	406,979	23,178	53,776	13,651	79,985	36,977	241,918	-12,043	127,095	209,991	-2,957	170,673	8,141	49,205	-17,627	50,291	-18,517
Net increase (decrease) in cash and cash equivalents and restricted cash
345,860	-11,081	7,792	-4,524	-2,120	4,953	-2,749	-8,993	-26,300	-12,227	22,981	-43,164	25,498	-3,265	-245,109	281,189	3,816	7,810	6,341	-207,563	230,137	-51,644	36,600	3,734	-1,293	1,015	-66,989	-45,232	122,658	-8,384	-75,237	80,667	8,153	-7,010	-66,178	48,620	-10,602
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of capitalized interest
-	-	-	-	-	-	-	-	-	-	-	26,290	16,172	-	14,760	26,613	12,101	16,380	1,721	25,012	7,095	8,283	8,130	8,331	7,363	9,305	8,635	5,623	5,331	5,410	4,122	4,354	4,700	4,117	4,424	4,098	4,005
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accounts payable and accrued liabilities for investment in property
-	-	-	-	-	-	-	-	-	-	-	-6,928	3,501	-	1,361	1,998	6,868	13,147	30,595	-7,920	-7,850	-4,186	3,777	2,844	2,285	-8,758	2,925	790	2,489	-4,162	380	2,759	272	0	-265	-230	2,196
Hudson Pacific Partners L.P.
Net income (loss)
13,949	16,963	62,955	12,823	-36,895	19,257	20,270	19,691	52,563	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
73,763	-	-	-	68,505	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash portion of interest expense
1,245	-	1,388	1,443	1,591	-	1,434	1,435	1,658	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash portion of interest expense
-	-	-	-	-	-	-	-	-	2,474	1,185	1,187	1,186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of stock-based/unit-based compensation
4,895	4,088	5,176	5,067	5,150	4,109	4,292	4,289	4,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from unconsolidated real estate entity
-236	-402	-260	-85	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on non-real estate investment
-581	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
13,709	13,357	11,133	11,834	16,635	10,656	7,667	7,937	9,942	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rent expenses
365	366	366	365	366	343	106	126	136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market leases, net
-2,544	-2,917	-2,810	-2,930	-4,179	-7,322	-3,229	-3,231	-3,811	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market ground leases, net
588	615	615	615	615	615	591	592	624	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentive costs
472	504	498	443	326	429	348	384	303	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
0	-	0	0	-52,201	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-67	-2,425	1,627	-4,164	4,263	2,199	5,598	1,275	1,782	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred leasing costs and lease intangibles
4,139	10,576	19,292	3,102	13,675	22,646	10,805	15,221	6,614	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
1,054	948	5,136	7,852	-2,771	2,348	-2,620	6,563	-3,313	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued liabilities and other
28,162	-40,899	31,168	-5,071	33,004	-36,632	36,114	-12,633	-33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits and prepaid rent
-12,779	21,713	2,686	-7,463	564	4,518	-1,767	7	559	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
90,098	54,411	87,884	56,270	89,446	16,746	95,361	38,072	64,447	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to investment in real estate
79,058	-	85,778	94,658	94,615	-	92,973	81,519	103,512	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of U.S. Government securities
1,284	1,531	510	2,253	1,932	2,229	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate
-	-	-	-	-	-	204,343	13,195	237,004	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities
24	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolidated entities
351	-5	55	64,448	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits for property acquisitions
0	-	0	-15,084	35,584	-	0	27,500	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits for property acquisitions
-	-	-	-	-	-	-	-	-	-	0	-56,323	56,323	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-78,101	-109,163	62,790	-141,769	-128,267	-335,079	-64,756	-125,990	133,492	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured and secured debt
415,040	480,646	40,000	265,000	430,001	290,000	110,000	120,000	130,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of unsecured and secured debt
148	380,145	145,141	150,138	335,145	919	140,132	131	308,529	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of in-substance defeased debt
-825	-	-	-	-806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock/units
35,351	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of operating partnership units
0	0	0	0	525	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stock and unitholders
38,883	39,129	39,132	39,137	40,427	38,944	39,354	39,354	39,351	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to preferred unitholders
153	153	153	153	153	153	153	153	159	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of redeemable non-controlling member in consolidated real estate entities
2,456	3,541	7,646	866	2,075	62,929	37,294	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to non-controlling member in consolidated real estate entities
-2,768	-	-2,156	-2,198	-4,028	-	-1,024	-1,028	-1,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to satisfy tax withholding
5,501	4,016	0	0	3,668	4,076	0	0	693	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of loan costs, net loan premium paid
4	12,520	3,156	-7,523	10,623	74	-13	13	6,965	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
333,863	43,671	-142,882	80,975	36,701	323,286	-33,354	78,925	-224,239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted cash
345,860	-11,081	7,792	-4,524	-2,120	4,953	-2,749	-8,993	-26,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest, net of capitalized interest
-	-	-	-	-	-	-	-	-	-	-	26,290	16,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities for investment in property
-	-	-	-	-	-	-	-	-	-	-	-6,928	3,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hudson Pacific Partners, L.P.
Net income (loss)
-	-	-	-	-	-	-	-	-	48,944	14,510	6,954	24,153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
73,763	74,196	69,781	69,606	68,505	67,520	62,224	60,706	60,553	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	66,230	71,158	75,415	70,767	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of stock/unit-based compensation
-	-	-	-	-	-	-	-	-	3,842	3,449	3,886	3,902	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
-	-	-	-	-	-	-	-	-	14,464	9,393	8,147	-2,366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rent expenses
-	-	-	-	-	-	-	-	-	137	136	-221	381	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market leases, net
-	-	-	-	-	-	-	-	-	-3,736	-3,921	-4,673	-5,732	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market ground lease, net
-	-	-	-	-	-	-	-	-	417	618	833	637	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentive costs
-	-	-	-	-	-	-	-	-	-	382	379	379	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash adjustments
-	-	-	-	-	-320	-163	370	-256	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash adjustments
-	-	-	-	-	-	-	-	-	-285	-628	569	-539	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of real estate
-	-	-	-	-	0	3,735	1,928	37,674	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of real estate
-	-	-	-	-	-	-	-	-	28,708	0	0	16,866	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-280	1,528	1,473	-4,650	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred leasing costs and lease intangibles
-	-	-	-	-	-	-	-	-	8,974	8,054	8,581	6,635	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-3,233	-2,873	4,801	1,072	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	-15,213	28,356	-6,074	12,378	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits and prepaid rent
-	-	-	-	-	-	-	-	-	-1,798	-1,831	1,201	-5,313	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	53,355	98,568	55,316	85,720	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to investment property
-	-	-	-	-	-	-	-	-	77,650	77,321	71,251	76,225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate
-	-	-	-	-	-	-	-	-	-	0	0	81,707	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolildated entity
-	-	-	-	-	-	-	-	-	0	0	0	1,071	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	51,441	-74,798	-257,769	-51,912	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured and secured debt
-	-	-	-	-	-	-	-	-	496,660	40,000	230,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of unsecured and secured debt
-	-	-	-	-	-	-	-	-	500,634	622	20,628	300,642	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from joint venture partner debt
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock/units, net
-	-	-	-	-	-	-	-34	-173	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net
-	-	-	-	-	-	-	-	-	-142	15	-166	647,675	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common units in the operating partnership
-	-	-	-	-	-	-	-	-	0	0	0	310,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stock and unit-holders
-	-	-	-	-	-	-	-	-	40,136	39,245	39,244	39,919	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to preferred unit-holders
-	-	-	-	-	-	-	-	-	159	159	159	159	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of non-controlling member in consolidated real estate entities
-	-	-	-	-	0	-205	0	2,691	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of non-controlling member in consolidated real estate entities
-	-	-	-	-	-	-	-	-	0	0	3,767	103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling member in consolidated real estate entities
-	-	-	-	-	-	-	-	-	-59,467	-778	-14,281	-310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to satisfy tax withholding
-	-	-	-	-	-	-	-	-	11,838	0	0	4,203	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of loan costs
-	-	-	-	-	-	-	-	-	1,307	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-117,023	-789	159,289	-8,310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents and restricted cash
-	-	-	-	-	-	-	-	-	-12,227	22,981	-43,164	25,498	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-