Supplemental Disclosures for the Statement of Consolidated Cash Flows

12 Months Ended

Dec. 31, 2019

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures for the Statement of Consolidated Cash Flows

Certain noncash investing and financing activities for the years ended December 31, 2019, 2018, and 2017 (in thousands) are outlined below:


	2019		2018		2017
Accrued capital expenditures and deferred lease costs	$	38,366	$	10,854	$	11,276
Change in accrued dividends and discount on dividend reinvestments	$	(545)	$	(74,828)	$	71,267


Change in accrued share repurchases as part of an announced plan	$	(4,417)	$	3,140	$	1,276
Investment in consolidated joint venture	$	—	$	—	$	63,026

The following table provides a reconciliation of cash, cash equivalents, and restricted cash and escrows as presented in the accompanying consolidated statement of cash flows for the years ended December 31, 2019, 2018, and 2017 to the consolidated balance sheets for the respective period (in thousands):


	2019		2018		2017
Cash and cash equivalents, beginning of period	$	4,571	$	7,382	$	6,992
Restricted cash and escrows, beginning of period	1,463		1,373		1,212


Total cash, cash equivalents, and restricted cash and escrows shown in the consolidated statement of cash flows, beginning of period	$	6,034	$	8,755	$	8,204

Cash and cash equivalents, end of period	$	13,545	$	4,571	$	7,382
Restricted cash and escrows, end of period	1,841		1,463		1,373


Total cash, cash equivalents, and restricted cash and escrows shown in the consolidated statement of cash flows, end of period	$	15,386	$	6,034	$	8,755

Amounts in restricted cash and escrows typically represent escrow accounts for the payment of real estate taxes which are required under certain of Piedmont's debt agreements; earnest money deposited by a buyer to secure the purchase of one of our properties; or security or utility deposits held for tenants as a condition of their lease agreement.