CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

6 Months Ended

Jun. 30, 2023

Supplemental Cash Flow Elements [Abstract]

CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

Interest paid during the six months ended June 30, 2023 and 2022 totaled $22,880 and $19,976, respectively. Net cash received on Interest Rate Derivative contracts during the six months ended June 30, 2023 totaled $6,549 and net cash paid on Interest Rate Derivative contracts during the six months ended June 30, 2022 totaled $4,333. Cash paid for income taxes during the six months ended June 30, 2023 and 2022 totaled $4,728 and $1,085, respectively. The following non-cash investing and financing activities occurred during the six months ended June 30, 2023 and 2022:


	2023		2022







Issuance of share based payments	$	9,181	$	5,171
Accrued payables for capital expenditures placed into service	1,972		433


Adjustment to Record Noncontrolling Interest at Redemption Value	(416)		2,964
Adjustment to Record Right of Use Asset & Lease Liability	926		—

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, 2023 and 2022:


	2023		2022
Cash and cash equivalents	$	142,391	$	87,918
Escrowed cash	4,797		12,764
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	147,188	$	100,682

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.