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Supplemental Cash Flow Disclosures
3 Months Ended
Mar. 31, 2023
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Disclosures

15. Supplemental Cash Flow Disclosures

Cash paid for interest was $17.1 million and $12.0 million for the three months ended March 31, 2023 and 2022, respectively. Cash paid for income taxes was $0.4 million and $0.5 million for the three months ended March 31, 2023 and 2022, respectively.

The following are non-cash transactions and have been excluded from the accompanying Condensed Consolidated Statements of Cash Flows:

At March 31, 2023, the Company converted 896,349 OP units valued at $14.9 million to 896,349 shares of common stock.
At March 31, 2023 and 2022, dividend amounts declared and accrued but not yet paid amounted to $54.5 million and $47.7 million, respectively.
At March 31, 2023 and 2022, the Company adjusted the carrying value of Non-controlling interests to reflect their share of the book value of the OP by ($38) thousand and $1.9 million, respectively, with the reallocation recorded as an offset to Additional paid-in capital and Accumulated other comprehensive income.