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Supplemental Information to Statements of Cash Flows
6 Months Ended
Jun. 30, 2016
Supplemental Cash Flow Elements [Abstract]  
Supplemental Information to Statements of Cash Flows
Supplemental Information to Statements of Cash Flows (in thousands)
 
 
For the six months ended June 30,
 
2016
 
2015
Interest paid, net of capitalized interest
$
29,157

 
$
23,827

 
 
 
 
Income taxes paid
$
1,400

 
$
1,384

 
 
 
 
Supplemental investing and financing transactions
 
 
 
In conjunction with the sale of hotel properties, the Company recorded the following:
 
 
 
Sale of hotel properties
$
2,850

 
$
232,700

Transaction costs
(117
)
 
(8,577
)
Operating prorations
(99
)
 
3,714

Proceeds from the sale of hotel properties, net
$
2,634

 
$
227,837

 
 
 
 
Supplemental non-cash transactions
 
 
 
Accrued capital expenditures
$
2,500

 
$
1,813

 
 
 
 
Redemption of Operating Partnership units
$
4,325

 
$