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Supplemental Cash Flow Information | 9 Months Ended
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Sep. 30, 2024
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,
| 2024 |  | 2023
Cash paid for interest, net of capitalized interest | $ | 129,544 |  |  | $ | 134,478 |
Non-cash investing and financing activities |  |  |
Accounts payable and accrued liabilities for real estate investments | $ | 103,969 |  |  | $ | 116,478 |
Operating lease liability remeasurements | $ | 7,750 |  |  | $ | 5,751 |
Operating lease liabilities recorded in connection with right-of-use assets | $ | 2,809 |  |  | $ | 2,117 |
Redemption of common units in the operating partnership | $ | 133 |  |  | $ | — |
Assets recognized upon consolidation of previously unconsolidated real estate entity | $ | 197,968 |  |  | $ | — |
Liabilities recognized upon consolidation of previously unconsolidated real estate entity | $ | 86,565 |  |  | $ | — |
Derecognition of equity method investment upon consolidation of previously unconsolidated real estate entity | $ | 55,593 |  |  | $ | — |
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,
| 2024 |  | 2023
BEGINNING OF PERIOD |  |  |
Cash and cash equivalents | $ | 100,391 |  |  | $ | 255,761 |
Restricted cash | 18,765 |  |  | 29,970 |
TOTAL | $ | 119,156 |  |  | $ | 285,731 |
END OF PERIOD |  |  |
Cash and cash equivalents | $ | 90,692 |  |  | $ | 75,040 |
Restricted cash | 23,243 |  |  | 19,054 |
TOTAL | $ | 113,935 |  |  | $ | 94,094 |

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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 + Details
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- References No definition available. + Details
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