Supplemental Information to Statements of Cash Flows

3 Months Ended

Mar. 31, 2023

Supplemental Cash Flow Elements [Abstract]

Supplemental Information to Statements of Cash Flows

Supplemental Information to Statements of Cash Flows (in thousands)

	For the three months ended March 31,
	2023		2022
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents	$	474,332	$	479,047
Restricted cash reserves	31,244		43,254
Cash, cash equivalents, and restricted cash reserves	$	505,576	$	522,301
Interest paid	$	32,252	$	33,911
Income taxes paid	$	67	$	6
Operating cash flow lease payments for operating leases	$	4,344	$	3,629
Supplemental investing and financing transactions
In connection with the sale of a hotel property, the Company recorded the following:
Sales price	$	—	$	35,450
Transaction costs	—		(599)
Operating prorations	—		(726)
Proceeds from the sale of hotel property, net	$	—	$	34,125
Supplemental non-cash transactions
Accrued capital expenditures	$	15,138	$	1,454