Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2022

Supplemental Cash Flow Elements [Abstract]

NOTE 11. SUPPLEMENTAL CASH FLOW INFORMATION

Our significant noncash investing and financing activities for the three months ended March 31, 2022 and 2021 included the following:

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We recognized lease right-of-use assets and lease liabilities related to leases in which we are the lessee within Other Assets and Other Liabilities on the Consolidated Balance Sheets, including any new leases, renewals and modifications of $3.7 million in 2022 and $4.6 million in 2021 for both assets and liabilities.

•	We capitalized $10.6 million and $8.5 million in 2022 and 2021, respectively, of equity-based compensation expense.

•	We received $216.4 million and $39.1 million in 2022 and 2021, respectively, of ownership interests in certain unconsolidated co-investment ventures as a portion of our proceeds from the contribution of properties to these entities, as disclosed in Note 3.

•	We issued 0.1 million shares in 2022 and less than 0.1 million shares in 2021 of the Parent’s common stock upon redemption of an equal number of common limited partnership units in the OP.

We paid $62.9 million and $89.5 million for interest, net of amounts capitalized, during the three months ended March 31, 2022 and 2021, respectively.

We paid $30.7 million and $35.8 million for income taxes, net of refunds, during the three months ended March 31, 2022 and 2021, respectively.