Hudson Pacific Properties, Inc. HPP Cash Flow

Hudson pacific properties, inc. (HPP)

CashFlow / TTM

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)
106,690	55,846	58,140	15,455	22,323	111,781	141,468	135,708	122,971	94,561	74,147	64,854	61,935	43,758	12,483	5,438	-34,680	-16,082	-12,452	791	43,563	23,522	25,906	11,739	1,622	-2,594	-8,834	-6,356	-5,157	-5,006	-3,353	-3,882	-1,863	-2,238	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
287,346	282,088	275,412	267,855	258,955	251,003	249,713	258,647	273,356	283,570	284,537	280,793	271,486	269,087	276,016	288,797	296,281	245,071	191,188	128,354	72,706	72,216	68,967	71,862	68,615	70,852	71,460	64,786	63,797	57,024	51,059	48,513	45,431	44,660	0	0	0
Non-cash portion of interest expense
5,912	6,258	5,860	5,906	5,898	5,965	7,001	6,752	6,504	6,032	4,744	4,703	4,779	4,464	5,099	4,965	5,109	4,746	3,239	2,686	1,378	949	700	202	267	486	671	944	1,120	1,126	1,143	1,290	1,232	1,014	0	0	0
Amortization of stock-based/unit-based compensation
19,226	19,481	19,502	18,618	17,840	17,028	16,761	15,918	15,515	15,079	15,450	15,289	14,704	14,144	12,166	10,912	9,614	8,421	8,698	8,456	8,431	7,559	6,527	6,197	6,005	6,454	5,988	5,722	4,785	4,212	3,854	3,349	3,093	2,660	0	0	0
Loss from unconsolidated real estate entity
-983	-747	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on non-real estate investment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
50,033	52,959	50,258	46,792	42,895	36,202	40,010	41,736	41,946	29,638	24,855	23,579	21,055	29,079	24,753	25,884	31,586	29,392	27,569	20,857	14,141	13,362	12,581	12,975	11,620	10,383	7,751	5,594	3,250	3,365	5,097	4,542	4,785	4,098	0	0	0
Straight-line rent expenses
1,462	1,463	1,440	1,180	941	711	505	535	188	433	433	433	875	1,023	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market leases, net
-11,201	-12,836	-17,241	-17,660	-17,961	-17,593	-14,007	-14,699	-16,141	-18,062	-20,256	-20,837	-20,615	-19,734	-20,116	-43,232	-28,368	-22,073	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market ground leases, net
2,433	2,460	2,460	2,436	2,413	2,422	2,224	2,251	2,492	2,505	2,644	2,560	2,262	2,160	2,154	2,135	2,115	1,642	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentive costs
1,917	1,771	1,696	1,546	1,487	1,464	1,441	1,475	1,470	1,546	1,511	1,491	1,439	1,388	1,171	954	771	581	606	574	510	425	245	132	67	36	60	83	90	91	91	91	91	407	0	0	0
Amortization of above-market leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,086	2,287	2,510	2,542	3,020	3,201	3,457	3,757	3,566	3,546	3,461	3,312	0	0	0
Amortization of below-market leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,048	8,393	12,681	8,570	18,755	14,458	6,470	7,321	-6,205	-5,070	-4,385	-3,961	0	0	0
Other non-cash adjustments
-	-	-	-	-	-369	-334	-799	-600	-883	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt (recovery) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	751	-	664	173	-224	-97	457	1,112	1,011	959	411	286	319	724	570	702	1,294	946	0	0	0
Amortization of ground lease intangible
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	248	247	247	247	247	247	247	247	247	248	248	266	0	0	0
Amortization of discount and net origination fees on purchased and originated loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-416	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on ineffective portion of derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of real estate
-	-	-	-	-	43,337	72,071	68,336	66,408	45,600	38,740	38,740	40,903	30,389	8,515	16,886	14,132	30,471	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,105	-	-1,044	-363	-808	333	1,971	3,164	158	-807	3,747	1,042	4,146	4,801	1,073	2,057	587	5,400	0	0	0
Accounts receivable
-5,029	-699	3,925	7,896	13,335	10,854	8,375	4,305	4,503	-1,929	-4,216	-8,264	-15,326	-15,088	-8,183	-657	4,282	5,734	3,846	3,791	6,732	7,375	1,712	-1,367	-7,388	-3,557	3,500	71	6,175	4,203	-1,355	-211	3,390	5,431	0	0	0
Deferred leasing costs and lease intangibles
37,109	46,645	58,715	50,228	62,347	55,286	41,614	38,863	32,223	32,244	32,136	32,967	44,691	43,476	41,616	40,939	32,500	28,980	22,731	21,491	13,347	12,266	22,282	19,478	18,959	24,213	15,257	12,809	10,938	5,496	5,000	4,484	3,993	4,188	0	0	0
Prepaid expenses and other assets
14,990	11,165	12,565	4,809	3,520	2,978	-2,603	-2,856	-4,618	-233	5,304	7,303	7,449	7,312	7,335	9,055	12,432	17,032	12,775	15,422	7,124	1,602	2,571	2,525	2,024	803	-646	-2,940	-1,788	-323	494	1,554	842	361	0	0	0
Accounts payable, accrued liabilities and other
13,360	18,202	22,469	27,415	19,853	-13,184	8,235	477	7,036	19,447	-2,552	-3,741	4,868	-4,426	15,317	2,123	7,981	18,342	22,531	27,502	19,645	3,114	577	-4,686	-7,255	957	7,496	3,202	5,776	4,554	8,192	5,554	1,408	3,659	0	0	0
Security deposits and prepaid rent
4,157	17,500	305	-4,148	3,322	3,317	-2,999	-3,063	-1,869	-7,741	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	16,185	-	15,352	15,140	-125	485	328	-1,098	-559	-500	-416	128	12	232	157	772	915	599	0	0	0
Prepaid rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	23,372	-	8,921	10,303	-380	1,014	4,623	3,476	1,369	-3,867	-438	-1,253	2,387	723	-5,327	-2,684	-4,827	236	0	0	0
Net cash provided by operating activities
288,663	288,011	250,346	257,823	239,625	214,626	251,235	254,442	271,686	292,959	265,526	258,943	253,597	226,774	255,490	221,099	207,555	175,783	125,967	90,828	70,892	63,168	55,961	46,447	45,843	41,547	47,063	51,411	45,940	42,821	43,685	40,003	32,501	32,082	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to investment property
370,194	385,751	348,324	355,519	342,380	351,277	355,654	340,002	329,734	302,447	300,229	302,082	280,528	258,718	239,165	205,081	194,370	170,590	158,855	141,413	128,834	123,298	112,731	100,036	92,710	87,153	67,059	55,754	43,618	27,150	19,905	19,743	15,807	16,385	0	0	0
Property acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	113,580	75,580	455,469	465,463	389,883	0	0	0	-	-	-	-	-	-	-	-
Maturities of U.S. Government securities
5,578	6,226	6,924	6,414	4,161	2,229	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate
-	-	-	-	-	454,542	585,085	380,742	367,547	212,250	170,154	170,154	241,380	372,302	283,855	373,663	301,801	177,488	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolidated entities
64,849	64,498	0	0	0	-	-	-	-	1,071	9,906	9,906	38,299	37,228	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits for property acquisitions
-15,084	20,500	-7,000	-7,000	35,584	0	0	0	-56,323	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0
Net cash used in investing activities
-266,243	-316,409	-542,325	-669,871	-654,092	-392,333	-5,813	-15,855	-147,634	-333,038	-689,395	-994,820	-735,023	-524,897	-275,861	110,580	-1,435,518	-1,797,699	-1,821,463	-1,867,312	-349,649	-246,361	-200,294	-482,511	-505,179	-424,042	-611,971	-379,692	-431,038	-423,470	-262,174	-234,763	-138,926	-130,604	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from unsecured and secured debt
1,200,686	1,215,647	1,025,001	1,095,001	950,001	650,000	856,660	786,660	896,660	766,660	631,000	871,000	1,288,000	1,318,000	1,763,071	1,543,532	2,264,368	2,234,687	1,544,702	1,724,340	396,448	448,972	408,452	528,994	489,078	444,927	603,099	252,458	252,430	326,738	181,000	204,000	348,500	365,500	0	0	0
Payments of unsecured and secured debt
675,572	1,010,569	631,343	626,334	476,327	449,711	949,426	809,916	830,413	822,526	402,493	612,461	978,343	888,607	1,422,221	1,302,477	951,400	913,694	375,351	455,702	434,561	417,508	376,503	311,282	297,705	202,122	178,172	72,882	82,696	143,761	163,281	206,086	396,970	384,958	0	0	0
Payments of in-substance defeased debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from joint venture partner debt
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock/units, net
-	-	-	-	-	-	-	-334	-466	647,382	1,216,591	1,803,462	2,097,256	1,449,581	880,331	288,659	-4,952	380,620	379,204	383,990	383,973	195,869	210,122	210,122	210,122	202,542	189,888	189,888	380,686	190,798	190,798	190,798	111,008	111,008	0	0	0
Repurchase of common stock/units
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of operating partnership units
0	525	525	525	525	0	0	0	0	310,855	880,681	1,462,685	1,756,894	1,446,039	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issuance transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	859	838	852	577	634	1,012	1,032	727	0	0	0	-	-	-	-
Proceeds from issuance of Series B cumulative redeemable preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,500	0	0	0	-	-	-	-
Series B stock issuance transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,870	1,870	1,865	1,865	600	0	0	0
Dividends paid to common stock and unitholders
156,281	157,825	157,640	157,862	158,079	157,003	158,195	158,086	157,976	158,544	147,758	137,863	127,936	117,819	117,607	106,483	95,390	75,875	55,669	46,122	36,577	34,966	33,480	32,189	30,898	29,607	28,368	27,189	26,025	23,199	21,517	19,831	18,131	16,704	0	0	0
Dividends paid to preferred unitholders
612	612	612	612	612	618	624	630	636	636	636	636	636	636	2,963	5,999	9,035	12,071	12,780	12,780	12,780	12,785	12,790	12,826	12,862	12,893	12,924	12,924	12,924	12,924	11,720	10,516	9,312	8,108	0	0	0
Contribution of redeemable non-controlling member in consolidated real estate entities
14,509	14,128	73,516	103,164	102,298	100,223	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of non-controlling member in consolidated real estate entities
-	-	-	-	-	2,486	2,486	2,691	6,458	3,870	37,763	37,763	33,996	33,996	103	103	-1,252	217,795	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling member in consolidated real estate entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,842	1,458	1,458	1,458	1,160	0	0	0	-	-	-	-	-	-	-	-
Distribution to non-controlling member in consolidated real estate entities
0	-	0	0	0	-	-62,579	-62,333	-75,586	-74,836	-15,682	-15,231	-1,287	-1,303	-1,257	-1,252	-1,406	-2,013	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-41,131	0	0	0
Payments to satisfy tax withholding
9,517	7,684	7,744	7,744	7,744	4,769	12,531	12,531	12,531	16,041	10,854	10,854	10,947	8,427	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of loan costs, net loan premium paid
8,157	18,776	6,330	3,161	10,697	7,039	8,272	8,285	8,272	1,307	1,331	2,658	3,470	3,992	5,096	9,081	17,555	20,680	18,643	15,708	6,361	2,723	3,029	2,355	2,416	2,407	3,971	4,213	4,247	5,322	3,743	1,813	2,808	4,850	0	0	0
Net cash provided by financing activities
315,627	18,465	298,080	407,608	405,558	144,618	-295,691	-263,126	-182,762	33,167	425,919	469,837	539,739	334,754	68,077	-32,523	1,038,367	1,658,641	1,672,767	1,784,014	497,584	170,590	184,389	372,531	346,837	393,947	566,961	322,086	504,802	385,848	225,062	210,392	90,010	63,352	0	0	0
Net increase (decrease) in cash and cash equivalents and restricted cash
338,047	-9,933	6,101	-4,440	-8,909	-33,089	-50,269	-24,539	-58,710	-6,912	2,050	-266,040	58,313	36,631	47,706	299,156	-189,596	36,725	-22,729	7,530	218,827	-12,603	40,056	-63,533	-112,499	11,452	2,053	-6,195	119,704	5,199	6,573	15,632	-16,415	-35,170	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of capitalized interest
-	-	-	-	-	-	-	-	-	-	-	0	0	-	69,854	56,815	55,214	50,208	42,111	48,520	31,839	32,107	33,129	33,634	30,926	28,894	24,999	20,486	19,217	18,586	17,293	17,595	17,339	16,644	0	0	0
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accounts payable and accrued liabilities for investment in property
-	-	-	-	-	-	-	-	-	-	-	0	0	-	23,374	52,608	42,690	27,972	10,639	-16,179	-5,415	4,720	148	-704	-2,758	-2,554	2,042	-503	1,466	-751	3,411	2,766	-223	1,701	0	0	0
Hudson Pacific Partners L.P.
Net income (loss)
106,690	55,846	58,140	15,455	22,323	111,781	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash portion of interest expense
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash portion of interest expense
-	-	-	-	-	-	-	-	-	6,032	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of stock-based/unit-based compensation
19,226	19,481	19,502	18,618	17,840	17,028	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from unconsolidated real estate entity
-983	-747	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on non-real estate investment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
50,033	52,959	50,258	46,792	42,895	36,202	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rent expenses
1,462	1,463	1,440	1,180	941	711	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market leases, net
-11,201	-12,836	-17,241	-17,660	-17,961	-17,593	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market ground leases, net
2,433	2,460	2,460	2,436	2,413	2,422	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentive costs
1,917	1,771	1,696	1,546	1,487	1,464	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-5,029	-699	3,925	7,896	13,335	10,854	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred leasing costs and lease intangibles
37,109	46,645	58,715	50,228	62,347	55,286	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
14,990	11,165	12,565	4,809	3,520	2,978	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued liabilities and other
13,360	18,202	22,469	27,415	19,853	-13,184	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits and prepaid rent
4,157	17,500	305	-4,148	3,322	3,317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
288,663	288,011	250,346	257,823	239,625	214,626	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to investment in real estate
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of U.S. Government securities
5,578	6,226	6,924	6,414	4,161	2,229	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolidated entities
64,849	64,498	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits for property acquisitions
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits for property acquisitions
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-266,243	-316,409	-542,325	-669,871	-654,092	-392,333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured and secured debt
1,200,686	1,215,647	1,025,001	1,095,001	950,001	650,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of unsecured and secured debt
675,572	1,010,569	631,343	626,334	476,327	449,711	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of in-substance defeased debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock/units
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of operating partnership units
0	525	525	525	525	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stock and unitholders
156,281	157,825	157,640	157,862	158,079	157,003	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to preferred unitholders
612	612	612	612	612	618	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of redeemable non-controlling member in consolidated real estate entities
14,509	14,128	73,516	103,164	102,298	100,223	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to non-controlling member in consolidated real estate entities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to satisfy tax withholding
9,517	7,684	7,744	7,744	7,744	4,769	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of loan costs, net loan premium paid
8,157	18,776	6,330	3,161	10,697	7,039	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
315,627	18,465	298,080	407,608	405,558	144,618	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted cash
338,047	-9,933	6,101	-4,440	-8,909	-33,089	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest, net of capitalized interest
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities for investment in property
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hudson Pacific Partners, L.P.
Net income (loss)
-	-	-	-	-	-	-	-	-	94,561	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
287,346	282,088	275,412	267,855	258,955	251,003	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	283,570	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of stock/unit-based compensation
-	-	-	-	-	-	-	-	-	15,079	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
-	-	-	-	-	-	-	-	-	29,638	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rent expenses
-	-	-	-	-	-	-	-	-	433	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market leases, net
-	-	-	-	-	-	-	-	-	-18,062	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above- and below-market ground lease, net
-	-	-	-	-	-	-	-	-	2,505	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentive costs
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash adjustments
-	-	-	-	-	-369	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash adjustments
-	-	-	-	-	-	-	-	-	-883	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of real estate
-	-	-	-	-	43,337	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of real estate
-	-	-	-	-	-	-	-	-	45,574	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-1,929	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred leasing costs and lease intangibles
-	-	-	-	-	-	-	-	-	32,244	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-233	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	19,447	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits and prepaid rent
-	-	-	-	-	-	-	-	-	-7,741	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	292,959	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to investment property
-	-	-	-	-	-	-	-	-	302,447	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolildated entity
-	-	-	-	-	-	-	-	-	1,071	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-333,038	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured and secured debt
-	-	-	-	-	-	-	-	-	766,660	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of unsecured and secured debt
-	-	-	-	-	-	-	-	-	822,526	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from joint venture partner debt
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock/units, net
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net
-	-	-	-	-	-	-	-	-	647,382	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common units in the operating partnership
-	-	-	-	-	-	-	-	-	310,855	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stock and unit-holders
-	-	-	-	-	-	-	-	-	158,544	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to preferred unit-holders
-	-	-	-	-	-	-	-	-	636	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of non-controlling member in consolidated real estate entities
-	-	-	-	-	2,486	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of non-controlling member in consolidated real estate entities
-	-	-	-	-	-	-	-	-	3,870	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling member in consolidated real estate entities
-	-	-	-	-	-	-	-	-	-74,836	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to satisfy tax withholding
-	-	-	-	-	-	-	-	-	16,041	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of loan costs
-	-	-	-	-	-	-	-	-	1,307	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	33,167	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents and restricted cash
-	-	-	-	-	-	-	-	-	-6,912	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-