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Supplemental Information to Statements of Cash Flows
3 Months Ended
Mar. 31, 2013
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH FLOWS
Supplemental Information to Statements of Cash Flows
 
 
For the three months ended March 31,
 
2013
 
2012
 
(in thousands)
Interest paid, net of capitalized interest
$
5,096

 
$
2,906

Interest capitalized
$
206

 
$

Income taxes paid
$
400

 
$
232

Non-Cash Investing and Financing Activities:
 
 
 
Distributions payable on common shares/units
$
9,960

 
$
6,393

Distributions payable on preferred shares
$
4,024

 
$
3,813

Issuance of common shares for board of trustees compensation
$
207

 
$
199

Mortgage loan assumed in connection with acquisition
$
66,732

 
$

Above market rate contracts assumed in connection with acquisition
$
4,751

 
$

Deposit applied to purchase price of acquisition
$
4,000

 
$

Accrued additions and improvements to hotel properties
$
1,229

 
$
2,493