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Supplemental Information to Statements of Cash Flows (Tables)
3 Months Ended
Mar. 31, 2019
Supplemental Cash Flow Elements [Abstract]  
Schedule of supplemental information to statements of cash flows
 
For the three months ended March 31,
 
2019
 
2018
Reconciliation of cash, cash equivalents, and restricted cash reserves
 
 
 
Cash and cash equivalents
$
241,481

 
$
401,943

Restricted cash reserves
54,217

 
76,380

Cash, cash equivalents, and restricted cash reserves
$
295,698

 
$
478,323

 
 
 
 
Interest paid
$
15,701

 
$
32,257

 
 
 
 
Income taxes paid
$
43

 
$
1,623

 
 
 
 
Operating cash flow lease payments for operating leases
$
3,589

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

 
$
119,200

Transaction costs

 
(2,587
)
Operating prorations

 
(537
)
Proceeds from the sale of hotel properties, net
$

 
$
116,076

 
 
 
 
Supplemental non-cash transactions
 
 
 
Accrued capital expenditures
$
6,720

 
$
5,314