Company: HPP
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001482512-25-000029
Chunk: 44

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 44
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ization of above- and below-market leases, net(4,925)(6,235)(8,032)Amortization of above- and below-market ground lease, net2,626 2,752 2,731 Amortization of lease incentive costs1,659 1,115 1,545 Distribution of income from unconsolidated real estate entities— — 1,243 Impairment loss149,664 60,158 28,548 Earnout liability fair value adjustment— (4,300)1,757 Loss (gain) on sale of real estate2,453 (103,202)2,164 Loss on sale of bonds— 34,046 — Gain from insurance proceeds— — (1,167)Deferred tax provision593 6,609 — Gain on extinguishment of debt— (10,000)— Change in operating assets and liabilities:Accounts receivable10,440 (5,678)16,150 Deferred leasing costs and lease intangibles(31,450)(16,145)(33,940)Prepaid expenses and other assets(6,651)(10,321)(2,240)Accounts payable, accrued liabilities and other4,351 (3,115)11,718 Security deposits, prepaid rent and other(2,360)2,257 (2,315)Net cash provided by operating activities164,657 232,256 369,501 CASH FLOWS FROM INVESTING ACTIVITIESAdditions to investment property(199,388)(298,823)(276,798)Additions to non-real estate property, plant and equipment(23,063)(5,740)(20,209)Proceeds from sales of real estate21,390 843,021 137,709 Property acquisitions— — (96,459)Acquisitions of businesses— — (199,098)Insurance proceeds for damaged property, plant and equipment— — 1,284 Contributions to unconsolidated real estate entities(47,753)(68,732)(40,081)Distributions from unconsolidated real estate entities211 2,528 1,875 Cash acquired from consolidation of previously unconsolidated real estate entity8,814 — — Contributions to non-real estate investments(5,939)(4,916)(17,109)