Supplemental Information to Statements of Cash Flows

9 Months Ended

Sep. 30, 2014

Supplemental Information to Statements of Cash Flows



	For the nine months ended September 30,
	2014		2013
	(in thousands)
Interest paid, net of capitalized interest	$	19,792	$	17,242
Interest capitalized	$	—	$	206
Income taxes paid	$	2,008	$	1,420
Non-Cash Investing and Financing Activities:
Distributions payable on common shares/units	$	16,609	$	10,068
Distributions payable on preferred shares	$	5,550	$	5,203
Issuance of common shares for Board of Trustees compensation	$	421	$	207
Mortgage loans assumed in connection with acquisition	$	50,725	$	90,448
Below (above) market rate contracts assumed in connection with acquisition	$	1,826	$	5,146
Capital lease obligation assumed in connection with acquisition	$	10,758	$	—
Deposit applied to purchase price of acquisition	$	—	$	4,000
Accrued additions and improvements to hotel properties	$	2,086	$	1,308