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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 12,259 $ 19,598
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 255,507 222,331
Non-cash portion of interest expense 7,508 4,603
Amortization of stock-based compensation 15,718 14,409
Income from unconsolidated real estate entities (1,671) (69)
Unrealized (gain) loss on non-real estate investments (11,620) 2,335
Straight-line rents (15,596) (31,182)
Straight-line rent expenses 1,079 1,096
Amortization of above- and below-market leases, net (8,281) (7,457)
Amortization of above- and below-market ground leases, net 1,764 1,763
Amortization of lease incentive costs 1,427 1,437
Distribution of income from unconsolidated entities 1,437 0
Impairment loss 2,762 0
Loss on extinguishment of debt 6,249 2,654
Change in operating assets and liabilities:    
Accounts receivable 4,526 (1,129)
Deferred leasing costs and lease intangibles (11,696) (9,767)
Prepaid expenses and other assets (18,665) (17,586)
Accounts payable, accrued liabilities and other 55,735 55,055
Security deposits and prepaid rent (12,930) (10,201)
Net cash provided by operating activities 285,512 247,890
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to investment in real estate (271,102) (308,909)
Acquisitions of businesses (209,854) 0
Maturities of U.S. Government securities 5,002 4,121
Contributions to non-real estate investments (10,530) 0
Distributions from non-real estate investments 13 0
Distributions from unconsolidated real estate entities 1,246 573
Contributions to unconsolidated real estate entities (73,098) (989)
Additions to non-real estate property, plant and equipment (2,279) 0
Net cash used in investing activities (560,602) (305,204)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from unsecured and secured debt 1,304,352 1,391,651
Payments of unsecured and secured debt (792,656) (1,149,943)
Payments of in-substance defeased debt (2,602) (2,470)
Proceeds from sale of common stock 44,974 0
Transaction costs (386) (16,073)
Repurchases of common stock (14,756) (53,475)
Dividends paid to common stock and unitholders (115,913) (116,626)
Dividends paid to preferred unitholders (459) (459)
Contributions from redeemable non-controlling members in consolidated real estate entities 4,262 4,351
Distributions to redeemable non-controlling members in consolidated real estate entities (8) (8)
Contributions from non-controlling members in consolidated real estate entities 24,718 372,451
Distributions to non-controlling members in consolidated real estate entities (90,236) (9,591)
Payments to satisfy tax withholding obligations (693) (5,501)
Payments of loan costs (14,810) (10,978)
Net cash provided by financing activities 345,787 403,329
Net increase in cash and cash equivalents and restricted cash 70,697 346,015
Cash and cash equivalents and restricted cash—beginning of period 149,540 58,258
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD 220,237 404,273
Hudson Pacific Partners L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 12,259 19,598
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 255,507 222,331
Non-cash portion of interest expense 7,508 4,603
Amortization of stock-based compensation 15,718 14,409
Income from unconsolidated real estate entities (1,671) (69)
Unrealized (gain) loss on non-real estate investments (11,620) 2,335
Straight-line rents (15,596) (31,182)
Straight-line rent expenses 1,079 1,096
Amortization of above- and below-market leases, net (8,281) (7,457)
Amortization of above- and below-market ground leases, net 1,764 1,763
Amortization of lease incentive costs 1,427 1,437
Distribution of income from unconsolidated entities 1,437 0
Impairment loss 2,762 0
Loss on extinguishment of debt 6,249 2,654
Change in operating assets and liabilities:    
Accounts receivable 4,526 (1,129)
Deferred leasing costs and lease intangibles (11,696) (9,767)
Prepaid expenses and other assets (18,665) (17,586)
Accounts payable, accrued liabilities and other 55,735 55,055
Security deposits and prepaid rent (12,930) (10,201)
Net cash provided by operating activities 285,512 247,890
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to investment in real estate (271,102) (308,909)
Acquisitions of businesses (209,854) 0
Maturities of U.S. Government securities 5,002 4,121
Contributions to non-real estate investments (10,530) 0
Distributions from non-real estate investments 13 0
Distributions from unconsolidated real estate entities 1,246 573
Contributions to unconsolidated real estate entities (73,098) (989)
Additions to non-real estate property, plant and equipment (2,279) 0
Net cash used in investing activities (560,602) (305,204)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from unsecured and secured debt 1,304,352 1,391,651
Payments of unsecured and secured debt (792,656) (1,149,943)
Payments of in-substance defeased debt (2,602) (2,470)
Proceeds from sale of common stock 44,974 0
Transaction costs (386) (16,073)
Repurchases of common stock (14,756) (53,475)
Dividends paid to common stock and unitholders (115,913) (116,626)
Dividends paid to preferred unitholders (459) (459)
Contributions from redeemable non-controlling members in consolidated real estate entities 4,262 4,351
Distributions to redeemable non-controlling members in consolidated real estate entities (8) (8)
Contributions from non-controlling members in consolidated real estate entities 24,718 372,451
Distributions to non-controlling members in consolidated real estate entities (90,236) (9,591)
Payments to satisfy tax withholding obligations (693) (5,501)
Payments of loan costs (14,810) (10,978)
Net cash provided by financing activities 345,787 403,329
Net increase in cash and cash equivalents and restricted cash 70,697 346,015
Cash and cash equivalents and restricted cash—beginning of period 149,540 58,258
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD $ 220,237 $ 404,273