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Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2021

Cash and Cash Equivalents [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

Supplemental cash flow information for Hudson Pacific Properties, Inc. is included as follows:

			Nine Months Ended September 30,
			2021						2020
Cash paid for interest, net of capitalized interest			$	74,381					$	65,908
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments			$	136,661					$	132,836
Lease liabilities recorded in connection with right-of-use assets			$	13,881					$	—
Earnout liability recognized as contingent consideration for business combination			$	22,800					$	—
Accrued liability for common stock repurchases settled after quarter-end			$	—					$	8,468

Supplemental cash flow information for Hudson Pacific Properties, L.P. is included as follows:

			Nine Months Ended September 30,
			2021						2020
Cash paid for interest, net of capitalized interest			$	74,381					$	65,908
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments			$	136,661					$	132,836
Lease liabilities recorded in connection with right-of-use assets			$	13,881					$	—
Earnout liability recognized as contingent consideration for business combination			$	22,800					$	—
Accrued liability for common unit repurchases settled after quarter-end			$	—					$	8,468

Restricted cash primarily consists of amounts held by lenders to fund reserves such as capital improvements, taxes, insurance, debt service and operating expenditures. The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented for Hudson Pacific Properties, Inc:

			Nine Months Ended September 30,
			2021						2020
BEGINNING OF PERIOD
Cash and cash equivalents			$	113,686					$	46,224
Restricted cash			35,854						12,034
TOTAL			$	149,540					$	58,258
END OF PERIOD
Cash and cash equivalents			$	110,500					$	365,294
Restricted cash			109,737						38,979
TOTAL			$	220,237					$	404,273

The following table provides a reconciliation of cash and cash equivalents and restricted cash at the beginning and end of the periods presented for Hudson Pacific Properties, L.P.:

			Nine Months Ended September 30,
			2021						2020
BEGINNING OF PERIOD
Cash and cash equivalents			$	113,686					$	46,224
Restricted cash			35,854						12,034
TOTAL			$	149,540					$	58,258
END OF PERIOD
Cash and cash equivalents			$	110,500					$	365,294
Restricted cash			109,737						38,979
TOTAL			$	220,237					$	404,273

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- References

No definition available.

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- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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