SUPPLEMENTAL CASH FLOW INFORMATION

6 Months Ended

Jun. 30, 2024

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 4 - SUPPLEMENTAL CASH FLOW INFORMATION

The following table summarizes the Company’s supplemental disclosure of cash flow information (in thousands):

	For the Six Months Ended June 30,
	2024			2023
Supplemental cash flows:
Interest expense paid in cash	$	58,131		$	60,035
Income taxes paid in cash		83			101
Non-cash investing activities include the following:
Transfer of whole loan to investment in real estate	$	20,123		$	20,900
Transfer of investment in real estate to investment in unconsolidated entities		(20,123	)		(20,900	)
Non-cash financing activities include the following:
Incentive compensation paid in common stock	$	19		$	234
Distributions on preferred stock accrued but not paid		3,229			3,262
Capitalized amortization of deferred debt issuance costs		614			—
Capitalized interest		964			—