Supplemental Disclosure of Cash Flow Information

6 Months Ended

Jun. 30, 2022

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosure of Cash Flow Information

14. Supplemental Disclosure of Cash Flow Information

During the period from January 1, 2021 through June 30, 2022, the Company disposed of five owned communities and the Company's triple-net lease obligations on six communities were terminated (including through the acquisition of one formerly leased community). During the six months ended June 30, 2022, the Company completed the sale of two owned communities for cash proceeds of $4.4 million, net of transaction costs, and recognized a net gain on sale of assets of $0.7 million for these sales. During the six months ended June 30, 2021, the Company completed the sale of two owned communities for cash proceeds of $8.5 million, net of transaction costs, and recognized a net gain on sale of assets of $0.5 million for these sales.

	Six Months Ended June 30,
(in thousands)	2022		2021
Supplemental Disclosure of Cash Flow Information:
Interest paid	$	92,673	$	94,683
Income taxes paid, net of refunds	$	598	$	2,963
Capital expenditures, net of related payables:
Capital expenditures - non-development, net	$	85,012	$	63,245
Capital expenditures - development, net	2,690		2,118
Capital expenditures - non-development - reimbursable	11,833		18,952
Trade accounts payable	(2,684)		(4,777)
Net cash paid	$	96,851	$	79,538
Proceeds from sale of assets, net:
Prepaid expenses and other assets, net	$	(1,264)	$	—
Assets held for sale	(3,668)		(8,040)
Property, plant and equipment and leasehold intangibles, net	—		(568)
Other liabilities	(140)		(5)
Loss (gain) on sale of assets, net	(667)		(1,033)
Net cash received	$	(5,739)	$	(9,646)
Supplemental Schedule of Non-cash Operating, Investing, and Financing Activities:
Non-cash lease transactions, net:
Property, plant and equipment and leasehold intangibles, net	$	11,056	$	2,534
Operating lease right-of-use assets	10,780		16,733
Financing lease obligations	(6,296)		(2,534)
Operating lease obligations	(15,540)		(16,733)
Net	$	—	$	—

Restricted cash consists principally of deposits as security for self-insured retention risk under workers' compensation programs and property insurance programs, escrow deposits for real estate taxes, property insurance, and capital expenditures, and debt service reserve accounts required by certain lenders under mortgage debt agreements. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sums to the total of the same such amounts shown in the condensed consolidated statements of cash flows.

(in thousands)	June 30, 2022		December 31, 2021
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	$	238,757	$	347,031
Restricted cash	29,946		26,845
Long-term restricted cash	59,839		64,438
Total cash, cash equivalents, and restricted cash	$	328,542	$	438,314