XML 35 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Information to Statements of Cash Flows (Tables)
 9 Months Ended
Sep. 30, 2013
Supplemental Cash Flow Elements [Abstract]  
Schedule of supplemental information to statements of cash flows
 
For the nine months ended September 30,
 
2013
 
2012
Interest paid
$
46,826

 
$
58,726

 
 
 
 
Income taxes paid
$
1,350

 
$
1,250

 
 
 
 
Supplemental investing and financing transactions:
 
 
 
In conjunction with the acquisitions, the Company recorded the following:
 
 
 
Purchase of real estate
$
196,695

 
$
182,658

Accounts receivable
708

 
71

Other assets
902

 
556

Advance deposits
(313
)
 
(163
)
Accounts payable and accrued expenses
(4,265
)
 
(432
)
Receipt of assets in full satisfaction
(4,731
)
 
—

Gain on foreclosure
(4,831
)
 
—

Acquisition of hotel and other properties
$
184,165

 
$
182,690

 
 
 
 
In conjunction with the dispositions, the Company recorded the following:
 
 
 
Sale of real estate
$
(5,056
)
 
$
—

Other assets
(909
)
 
—

Other liabilities
1,122

 
—

Gain on extinguishment of indebtedness
(5,702
)
 
—

Forgiveness of indebtedness
10,545

 
—

Disposition of hotel properties
$
—

 
$
—

 
 
 
 
Supplemental non-cash transactions:
 
 
 
Change in fair market value of designated interest rate swaps
$
(11,429
)
 
$
764

 
 
 
 
Accrued capital expenditures
$
76

 
$
461

 
 
 
 
Distributions payable
$
26,308

 
$
17,902