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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 92,524 $ 45,617
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 183,483 217,340
Non-cash portion of interest expense 4,527 3,558
Amortization of stock-based/unit-based compensation 12,919 11,237
Straight-line rents (25,546) (15,174)
Straight-line rent expenses 368 296
Amortization of above- and below-market leases, net (10,271) (14,326)
Amortization of above- and below-market ground lease, net 1,807 2,088
Amortization of lease incentive costs 1,035 1,140
Other non-cash adjustments [1] 49 598
Gains on sale of real estate (43,337) (16,866)
Change in operating assets and liabilities:    
Accounts receivable (8,655) 1,649
Deferred leasing costs and lease intangibles (32,640) (23,270)
Prepaid expenses and other assets (630) (3,000)
Accounts payable and accrued liabilities 23,448 34,660
Security deposits and prepaid rent (1,201) (5,943)
Net cash provided by operating activities 197,880 239,604
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to investment property (278,004) (224,797)
Property acquisitions (71,152) (257,734)
Payments for U.S. Government securities 149,176 0
Proceeds from sale of real estate 454,542 81,707
Distributions from unconsolidated entity 14,036 17,416
Contributions to unconsolidated entity 0 (1,071)
Deposits for property acquisitions (27,500) 0
Net cash used in investing activities (57,254) (384,479)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from debt 360,000 270,000
Payments of debt (448,792) (321,892)
Proceeds from issuance of common stock/units, net 0 647,524
Payment for redemption of common units in the operating partnership 0 (310,855)
Redemption of series A preferred units (362) 0
Distributions paid to common stock and unitholders (118,059) (118,408)
Distributions paid to preferred unitholders (465) (477)
Contributions from redeemable non-controlling member in consolidated entity 37,294 0
Contributions from non-controlling member in consolidated real estate entities 2,486 3,870
Distributions to non-controlling member in consolidated entities (3,112) (15,369)
Payments to satisfy tax withholding (693) (4,203)
Payments of loan costs (6,965) 0
Net cash (used in) provided by financing activities (178,668) 150,190
Net (decrease) increase in cash and cash equivalents and restricted cash (38,042) 5,315
Cash and cash equivalents and restricted cash—beginning of period 101,280 108,192
Cash and cash equivalents and restricted cash—end of period 63,238 113,507
Hudson Pacific Partners L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 92,524 45,617
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 183,483 217,340
Non-cash portion of interest expense 4,527 3,558
Amortization of stock-based/unit-based compensation 12,919 11,237
Straight-line rents (25,546) (15,174)
Straight-line rent expenses 368 296
Amortization of above- and below-market leases, net (10,271) (14,326)
Amortization of above- and below-market ground lease, net 1,807 2,088
Amortization of lease incentive costs 1,035 1,140
Other non-cash adjustments 49 598
Gains on sale of real estate (43,337) (16,866)
Change in operating assets and liabilities:    
Accounts receivable (8,655) 1,649
Deferred leasing costs and lease intangibles (32,640) (23,270)
Prepaid expenses and other assets (630) (3,000)
Accounts payable and accrued liabilities 23,448 34,660
Security deposits and prepaid rent (1,201) (5,943)
Net cash provided by operating activities 197,880 239,604
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to investment property (278,004) (224,797)
Property acquisitions (71,152) (257,734)
Payments for U.S. Government securities 149,176 0
Proceeds from sale of real estate 454,542 81,707
Distributions from unconsolidated entity 14,036 17,416
Contributions to unconsolidated entity 0 (1,071)
Deposits for property acquisitions (27,500) 0
Net cash used in investing activities (57,254) (384,479)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from debt 360,000 270,000
Payments of debt (448,792) (321,892)
Proceeds from issuance of common stock/units, net 0 647,524
Payment for redemption of common units in the operating partnership 0 (310,855)
Redemption of series A preferred units (362) 0
Distributions paid to common stock and unitholders (118,059) (118,408)
Distributions paid to preferred unitholders (465) (477)
Contributions from redeemable non-controlling member in consolidated entity 37,294 0
Contributions from non-controlling member in consolidated real estate entities 2,486 3,870
Distributions to non-controlling member in consolidated entities (3,112) (15,369)
Payments to satisfy tax withholding (693) (4,203)
Payments of loan costs (6,965) 0
Net cash (used in) provided by financing activities (178,668) 150,190
Net (decrease) increase in cash and cash equivalents and restricted cash (38,042) 5,315
Cash and cash equivalents and restricted cash—beginning of period 101,280 108,192
Cash and cash equivalents and restricted cash—end of period $ 63,238 $ 113,507
[1] 1. Represents bad debt expense/recovery, unrealized loss/gain on ineffective portion of derivatives and unrealized loss/gain on non-real estate investment.