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Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2023

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

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

			Nine Months Ended September 30,
			2023						2022
Cash paid for interest, net of capitalized interest			$	134,478					$	68,821
Non-cash investing and financing activities
Accounts payable and accrued liabilities for real estate investments			$	116,478					$	181,689
Ground lease remeasurements			$	5,751					$	23,177
Note payable issued as consideration in a business combination			$	—					$	160,000
Lease liabilities recorded in connection with right-of-use assets			$	2,117					$	94,447

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 and Hudson Pacific Properties, L.P.:

			Nine Months Ended September 30,
			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			$	75,040					$	161,667
Restricted cash			19,054						42,401
TOTAL			$	94,094					$	204,068

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- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//230/tableOfContent

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- References

No definition available.

+ Details

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