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Cash Flow Disclosures And Non Cash Investing And Financing Activities
12 Months Ended
Dec. 31, 2013
Cash Flow Disclosures And Non Cash Investing And Financing Activities [Abstract]  
Cash Flow Disclosures And Non Cash Investing And Financing Activities

NOTE 11 – CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

 

Interest paid during 2013, 2012, and 2011 totaled $42,984,  $41,744, and $42,726 respectively. The following non-cash investing and financing activities occurred during 2013, 2012 and 2011:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

Common Shares issued as part of the Dividend Reinvestment Plan

 

$

38 

 

$

24 

 

$

14 

Acquisition of hotel properties and consolidation of variable interest entities:

 

 

 

 

 

 

 

 

 

Issuance of Common Units

 

 

 -

 

 

 -

 

 

204 

Debt assumed, net of discount

 

 

 -

 

 

85,913 

 

 

62,552 

Development loan accrued interest revenue receivable paid in-kind by adding balance to development loan principal

 

 

 -

 

 

678 

 

 

2,094 

Settlement of development loan receivable principal and accrued interest revenue receivable

 

 

13,303 

 

 

 -

 

 

8,300 

Disposition of hotel properties

 

 

 

 

 

 

 

 

 

Investment in hotel properties, net, conveyed to mortgage lender

 

 

 -

 

 

1,938 

 

 

 -

Debt conveyed to mortgage lender

 

 

 -

 

 

2,940 

 

 

 -

Debt assumed by purchaser

 

 

 -

 

 

54,217 

 

 

 -

Conversion of Common Units to Common Shares

 

 

106 

 

 

572 

 

 

639 

Reallocation of noncontrolling interest

 

 

 -

 

 

(966)

 

 

3,835