XML 48 R35.htm IDEA: XBRL DOCUMENT v3.23.1

Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2023

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:

			Three Months Ended March 31,
			2023						2022
Cash paid for interest, net of capitalized interest			$	39,943					$	16,511
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments			$	147,196					$	190,194
Ground lease remeasurement			$	3,667					$	23,177

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

			Three Months Ended March 31,
			2023						2022
Cash paid for interest, net of capitalized interest			$	39,943					$	16,511
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments			$	147,196					$	190,194
Ground lease remeasurement			$	3,667					$	23,177

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:

			Three Months Ended March 31,
			2023						2022
BEGINNING OF PERIOD
Cash and cash equivalents			$	255,761					$	96,555
Restricted cash			29,970						100,321
TOTAL			$	285,731					$	196,876
END OF PERIOD
Cash and cash equivalents			$	163,327					$	137,598
Restricted cash			19,571						60,183
TOTAL			$	182,898					$	197,781

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.:

			Three Months Ended March 31,
			2023						2022
BEGINNING OF PERIOD
Cash and cash equivalents			$	255,761					$	96,555
Restricted cash			29,970						100,321
TOTAL			$	285,731					$	196,876
END OF PERIOD
Cash and cash equivalents			$	163,327					$	137,598
Restricted cash			19,571						60,183
TOTAL			$	182,898					$	197,781

X

- References

No definition available.

+ Details

Name:	us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_CashAndCashEquivalentsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration