Supplemental Information to Statements of Cash Flows (Tables)

12 Months Ended

Dec. 31, 2019

Supplemental Cash Flow Elements [Abstract]

Summary of Supplemental Information to Statements of Cash Flows

	For the year ended December 31,
	2019		2018		2017
	(in thousands)
Interest paid, net of capitalized interest	$	91,918	$	48,658	$	33,999
Interest capitalized	$	347	$	—	$	—
Income taxes paid	$	4,568	$	4,047	$	575
Non-Cash Investing and Financing Activities:
Distributions payable on common shares/units	$	51,006	$	36,201	$	28,381
Distributions payable on preferred shares	$	7,558	$	7,558	$	3,442
Issuance of common shares for Board of Trustees compensation	$	740	$	662	$	503
Accrued additions and improvements to hotel properties	$	3,192	$	8,620	$	961
Right of use assets obtained in exchange for lease liabilities	$	257,167	$	—	$	—
Purchase of ground lease	$	16,604	$	—	$	—
Write-off of fully depreciated building, furniture, fixtures and equipment	$	28,120	$	—	$	14,134
Write-off of deferred financing costs	$	3,013	$	—	$	5,956
The Company also had the following transactions in connection with the LaSalle merger (1):
Issuance of common shares	$	—	$	2,144,057	$	—
Issuance of Series E and F preferred shares	$	—	$	234,222	$	—
Issuance of OP units	$	—	$	4,665	$	—
Exchange of LaSalle shares as part of purchase price	$	—	$	346,544	$	—

⁽¹⁾ Refer to Note 3, Business Combinations and Acquisition and Disposition of Hotel Properties - Merger with LaSalle Hotel Properties, for information related to the non-cash investing and financing activities related to the acquisition of LaSalle.