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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 11,411 $ 13,949
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 82,761 73,763
Non-cash portion of interest expense 2,417 1,245
Amortization of stock-based compensation 3,538 4,895
(Income) loss from unconsolidated real estate entities (635) 236
Unrealized (gain) loss on non-real estate investments (5,775) 581
Straight-line rents (7,132) (13,709)
Straight-line rent expenses 366 365
Amortization of above- and below-market leases, net (2,518) (2,544)
Amortization of above- and below-market ground leases, net 588 588
Amortization of lease incentive costs 475 472
Distribution of income from unconsolidated entities 172 0
Change in operating assets and liabilities:    
Accounts receivable 2,381 67
Deferred leasing costs and lease intangibles (6,099) (4,139)
Prepaid expenses and other assets 962 (1,054)
Accounts payable, accrued liabilities and other 33,430 28,162
Security deposits and prepaid rent (1,647) (12,779)
Net cash provided by operating activities 114,695 90,098
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to investment in real estate (95,884) (79,058)
Maturities of U.S. Government securities 1,324 1,284
Contributions to non-real estate investments (2,215) 0
Distributions from unconsolidated real estate entities 0 24
Contributions to unconsolidated real estate entities (439) (351)
Net cash used in investing activities (97,214) (78,101)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from unsecured and secured debt 52,975 415,040
Payments of unsecured and secured debt (159) (148)
Payments of in-substance defeased debt (879) (825)
Repurchase of common stock (14,756) (35,351)
Dividends paid to common stock and unitholders (38,426) (38,883)
Dividends paid to preferred unitholders (153) (153)
Contributions from redeemable non-controlling members in consolidated real estate entities 1,469 2,456
Contributions from non-controlling members in consolidated real estate entities 15,016 0
Distributions to non-controlling members in consolidated real estate entities (12,082) (2,768)
Payments to satisfy tax withholding obligations (693) (5,501)
Payment of loan costs 0 (4)
Net cash provided by financing activities 2,312 333,863
Net increase in cash and cash equivalents and restricted cash 19,793 345,860
Cash and cash equivalents and restricted cash—beginning of period 149,540 58,258
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD 169,333 404,118
Hudson Pacific Partners L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 11,411 13,949
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 82,761 73,763
Non-cash portion of interest expense 2,417 1,245
Amortization of stock-based compensation 3,538 4,895
(Income) loss from unconsolidated real estate entities (635) 236
Unrealized (gain) loss on non-real estate investments (5,775) 581
Straight-line rents (7,132) (13,709)
Straight-line rent expenses 366 365
Amortization of above- and below-market leases, net (2,518) (2,544)
Amortization of above- and below-market ground leases, net 588 588
Amortization of lease incentive costs 475 472
Distribution of income from unconsolidated entities 172 0
Change in operating assets and liabilities:    
Accounts receivable 2,381 67
Deferred leasing costs and lease intangibles (6,099) (4,139)
Prepaid expenses and other assets 962 (1,054)
Accounts payable, accrued liabilities and other 33,430 28,162
Security deposits and prepaid rent (1,647) (12,779)
Net cash provided by operating activities 114,695 90,098
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to investment in real estate (95,884) (79,058)
Maturities of U.S. Government securities 1,324 1,284
Contributions to non-real estate investments (2,215) 0
Distributions from unconsolidated real estate entities 0 24
Contributions to unconsolidated real estate entities (439) (351)
Net cash used in investing activities (97,214) (78,101)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from unsecured and secured debt 52,975 415,040
Payments of unsecured and secured debt (159) (148)
Payments of in-substance defeased debt (879) (825)
Repurchase of common stock (14,756) (35,351)
Dividends paid to common stock and unitholders (38,426) (38,883)
Dividends paid to preferred unitholders (153) (153)
Contributions from redeemable non-controlling members in consolidated real estate entities 1,469 2,456
Contributions from non-controlling members in consolidated real estate entities 15,016 0
Distributions to non-controlling members in consolidated real estate entities (12,082) (2,768)
Payments to satisfy tax withholding obligations (693) (5,501)
Payment of loan costs 0 (4)
Net cash provided by financing activities 2,312 333,863
Net increase in cash and cash equivalents and restricted cash 19,793 345,860
Cash and cash equivalents and restricted cash—beginning of period 149,540 58,258
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD $ 169,333 $ 404,118