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Cash Flow Disclosures And Non Cash Investing And Financing Activities
9 Months Ended
Sep. 30, 2017
Cash Flow Disclosures And Non Cash Investing And Financing Activities [Abstract]  
Cash Flow Disclosures And Non Cash Investing And Financing Activities

NOTE 10 – CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES



Interest paid during the nine months ended September 30, 2017 and 2016 totaled $29,770  and $32,991 respectively.  Cash paid for income taxes during the nine months ended September 30, 2017 and 2016 totaled $757 and $781, respectively.  The following non-cash investing and financing activities occurred during the nine months ended September 30, 2017 and 2016:















































 

 

 

 

 

 

 



 

2017

 

2016

 

Common Shares issued as part of the Dividend Reinvestment Plan

 

$

63 

 

$

47 

 

Acquisition of hotel properties:

 

 

 

 

 

 

 

Assets acquired through joint venture assignment and assumption

 

 

49,999 

 

 

 -

 

Debt assumed, including premium

 

 

44,483 

 

 

14,750 

 

Deposit paid in prior period towards acquisition which closed in current period

 

 

 -

 

 

5,000 

 

Conversion of Common Units to Common Shares

 

 

392 

 

 

 -

 

Issuance of Common Units

 

 

4,133 

 

 

 -

 

Accrued payables for fixed assets placed into service

 

 

1,378 

 

 

298 

 

Contribution of fixed assets to joint venture

 

 

 -

 

 

264,658