CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

3 Months Ended

Mar. 31, 2023

Supplemental Cash Flow Elements [Abstract]

CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

Interest paid during the three months ended March 31, 2023 and 2022 totaled $11,024 and $8,390, respectively. Net cash received on Interest Rate Derivative contracts during the three months ended March 31, 2023 totaled $2,973 and net cash paid on Interest Rate Derivative contracts during the three months ended March 31, 2022 totaled $2,496. Cash paid for income taxes during the three months ended March 31, 2023 and 2022 totaled $220 and $32, respectively. The following non-cash investing and financing activities occurred during the three months ended March 31, 2023 and 2022:


	2023		2022







Issuance of share based payments	$	6,819	$	—
Accrued payables for capital expenditures placed into service	2,724		914


Adjustment to Record Noncontrolling Interest at Redemption Value	1,390		2,273

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 three months ended March 31, 2023 and 2022:


	2023		2022
Cash and cash equivalents	$	193,574	$	77,447
Escrowed cash	4,557		10,997
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	198,131	$	88,444

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.