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Condensed Consolidated Statements of Cash Flows - Footnotes (Parenthetical)
$ in Thousands
Mar. 31, 2020
USD ($)
Cash and cash equivalents $ 48,096
Restricted cash 4,692
Cash, cash equivalents, and restricted cash 52,788 [1]
Annapolis Junction | The Residences at Annapolis Junction  
Loan modification fee, loan discount $ 5,000
[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Statements of Cash Flows (in thousands):
 
 
March 31, 2020
 
March 31, 2019
Cash and cash equivalents
 
$
48,096

 
$
15,577

Restricted cash (a)
 
4,692

 
3,382

Cash, cash equivalents, and restricted cash
 
$
52,788

 
$
18,959


(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.