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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES      
Net (loss) income $ (16,082) $ 23,522 $ (2,594)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 245,071 72,216 70,852
Amortization of deferred financing costs and loan premium, net 4,746 949 486
Amortization of stock based compensation 8,421 7,559 6,454
Straight-line rent receivables (29,392) (13,362) (10,383)
Amortization of above-market leases 12,534 2,026 2,542
Amortization of below-market leases (34,607) (7,661) (8,570)
Amortization of lease incentive costs 581 425 36
Bad debt expense 170 (97) 959
Amortization of ground lease intangible 2,050 248 247
Amortization of discount and net origination fees on purchased and originated loans (416) (156) 0
(Gain) loss on real estate (30,471) (5,538) 5,580
Change in operating assets and liabilities:      
Restricted cash (927) (333) 807
Accounts receivable (5,734) (7,375) 3,557
Lease intangibles (28,980) (12,266) (24,213)
Prepaid expenses and other assets (17,032) (1,602) (803)
Accounts payable and accrued liabilities 18,342 3,114 957
Security deposits 15,351 485 (500)
Prepaid rent 31,231 1,014 (3,867)
Net cash provided by operating activities 174,856 63,168 41,547
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to investment property (170,590) (123,298) (87,153)
Property acquisitions (1,804,597) (113,580) (389,883)
Acquisition of Notes receivable 0 (28,112) 0
Proceeds from sale of real estate 177,488 18,629 52,994
Net cash used in investing activities (1,797,699) (246,361) (424,042)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from notes payable 2,234,687 448,972 444,927
Payments of notes payable (913,694) (417,508) (202,122)
Proceeds from issuance of common stock 385,589 197,468 202,542
Redemption of Series B preferred stock (145,000) 0 0
Common stock issuance transaction costs (4,969) (1,599) (577)
Dividends paid to common stock and unit holders (75,875) (34,966) (29,607)
Dividends paid to preferred stock and unit holders (12,071) (12,785) (12,893)
Contributions by members 217,795 0 0
Redemption of 6.25% series A cumulative redeemable preferred units 0 (298) (2,000)
Distribution to non-controlling member in consolidated real estate entity (2,013) (2,842) (1,160)
Repurchase of vested restricted stock (5,128) (3,129) (2,756)
Payments of loan costs (20,680) (2,723) (2,407)
Net cash provided by financing activities 1,658,641 170,590 393,947
Net increase (decrease) in cash and cash equivalents 35,798 (12,603) 11,452
Cash and cash equivalents — beginning of period 17,753 30,356  
Cash and cash equivalents-end of period 53,551 17,753 30,356
Supplemental disclosure of cash flow information      
Cash paid for interest, net of amounts capitalized 50,208 32,107 28,894
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Accounts payable and accrued liabilities for investment in property (27,972) (4,720) (2,554)
Issuance of Common stock in connection with property acquisition 87 0 0
Additional paid-in capital in connection with property acquisition 285,358 0 0
Assumption of secured debt in connection with property acquisitions 0 0 102,299
Assumption of other assets and liabilities in connection with operating and development property acquisitions, net 0 (449) (2,423)
Non-controlling common units in the Operating Partnership in connection with property acquisition 1,814,936 0 0
Accounts payable and accrued liabilities for distributions to members 0 0 45,704
Hudson Pacific Partners, L.P.      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net (loss) income (16,082) 23,522 (2,594)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 245,071 72,216 70,852
Amortization of deferred financing costs and loan premium, net 4,746 949 486
Amortization of stock based compensation 8,421 7,559 6,454
Straight-line rent receivables (29,392) (13,362) (10,383)
Amortization of above-market leases 12,534 2,026 2,542
Amortization of below-market leases (34,607) (7,661) (8,570)
Amortization of lease incentive costs 581 425 36
Bad debt expense 170 (97) 959
Amortization of ground lease intangible 2,050 248 247
Amortization of discount and net origination fees on purchased and originated loans (416) (156) 0
(Gain) loss on real estate (30,471) (5,538) 5,580
Change in operating assets and liabilities:      
Restricted cash (927) (333) 807
Accounts receivable (5,734) (7,375) 3,557
Lease intangibles (28,980) (12,266) (24,213)
Prepaid expenses and other assets (17,032) (1,602) (803)
Accounts payable and accrued liabilities 18,342 3,114 957
Security deposits 15,351 485 (500)
Prepaid rent 31,231 1,014 (3,867)
Net cash provided by operating activities 174,856 63,168 41,547
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to investment property (170,590) (123,298) (87,153)
Property acquisitions (1,804,597) (113,580) (389,883)
Acquisition of Notes receivable 0 (28,112) 0
Proceeds from sale of real estate 177,488 18,629 52,994
Net cash used in investing activities (1,797,699) (246,361) (424,042)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from notes payable 2,234,687 448,972 444,927
Payments of notes payable (913,694) (417,508) (202,122)
Proceeds from issuance of common stock 385,589 197,468 202,542
Redemption of Series B preferred stock (145,000) 0 0
Common stock issuance transaction costs (4,969) (1,599) (577)
Dividends paid to common stock and unit holders (75,875) (34,966) (29,607)
Dividends paid to preferred stock and unit holders (12,071) (12,785) (12,893)
Contributions by members 217,795 0 0
Redemption of 6.25% series A cumulative redeemable preferred units 0 (298) (2,000)
Distribution to non-controlling member in consolidated real estate entity (2,013) (2,842) (1,160)
Repurchase of vested restricted stock (5,128) (3,129) (2,756)
Payments of loan costs (20,680) (2,723) (2,407)
Net cash provided by financing activities 1,658,641 170,590 393,947
Net increase (decrease) in cash and cash equivalents 35,798 (12,603) 11,452
Cash and cash equivalents — beginning of period 17,753 30,356 18,904
Cash and cash equivalents-end of period 53,551 17,753 30,356
Supplemental disclosure of cash flow information      
Cash paid for interest, net of amounts capitalized 50,208 32,107 28,894
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Accounts payable and accrued liabilities for investment in property (27,972) (4,720) (2,554)
Issuance of Common stock in connection with property acquisition 2,100,381 0 0
Assumption of secured debt in connection with property acquisitions 0 0 102,299
Assumption of other assets and liabilities in connection with operating and development property acquisitions, net 0 0 45,704
Non-controlling common units in the Operating Partnership in connection with property acquisition $ 0 $ (449) $ (2,423)