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Cash Flow Disclosures And Non Cash Investing And Financing Activities
6 Months Ended
Jun. 30, 2019
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Disclosures And Non Cash Investing And Financing Activities CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

Interest paid during the six months ended June 30, 2019 and 2018 totaled $27,802 and $23,165 respectively. Cash paid for income taxes during the six months ended June 30, 2019 and 2018 totaled $466 and $1,127, respectively. The following non-cash investing and financing activities occurred during the six months ended June 30, 2019 and 2018:


 
2019
 
2018
Common Shares issued as part of the Dividend Reinvestment Plan
 
$
42

 
$
37

Acquisition of hotel properties:
 
 
 
 
Deposit paid in prior period towards acquisition which closed in current period
 

 
1,000

Conversion of note payable and accrued interest to non-controlling interest
 

 
3,386

Conversion of Common Units to Common Shares
 

 
772

Issuance of share based payments
 
12,119

 
12,740

Accrued payables for capital expenditures placed into service
 
1,268

 
1,369

Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20
 

 
129,021

Adjustment to Record Noncontrolling Interest at Redemption Value
 
148

 

Adjustment to Record Right of Use Asset & Lease Liability
 
55,515

 

Amortization related to Right of Use Asset & Lease Liability
 
654

 



The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows for the six months ended June 30, 2019 and 2018:

 
2019
2018
Cash and cash equivalents
$
36,780

$
46,869

Escrowed cash
10,767

7,063

Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows
$
47,547

$
53,932




Amounts included in restricted cash represent those required to be set aside in escrow by contractual agreement with various lenders for the payment of specific items such as property insurance, property tax, and capital expenditures.