Supplemental Disclosures of Cash Flow Information

9 Months Ended

Sep. 30, 2018

Supplemental Cash Flow Information [Abstract]

Supplemental Disclosures of Cash Flow Information

Cash paid for interest was $197.2 million in the first nine months of 2018 and $198.8 million in the first nine months of 2017.

Interest capitalized to properties under development was $234,000 in the first nine months of 2018 and $347,000 in the first nine months of 2017.

Cash paid for income taxes was $4.0 million in the first nine months of 2018 and 2017.

The following non-cash activities are included in the accompanying consolidated financial statements:

A. During the first nine months of 2018, we issued 373,797 common partnership units of Realty Income, L.P. as partial consideration for an acquisition of properties, totaling $18.8 million.

B. During the first nine months of 2018, we completed the acquisition of a property using $7.5 million in funds that were held in a non-refundable escrow account. These funds were included in other assets, net, at December 31, 2017.

Per the requirements of ASU 2016-18 (Topic 230, Statement of Cash Flows), the following table provides a reconciliation of cash and cash equivalents reported within the consolidated balance sheets to the total of the cash, cash equivalents and restricted cash reported within the consolidated statements of cash flows:


	September 30, 2018		September 30, 2017
Cash and cash equivalents shown in the consolidated balance sheets	$	6,666	$	3,199
Restricted escrow deposits ⁽¹⁾	1,533		23,698
Impounds related to mortgages payable ⁽¹⁾	7,529		3,465
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	15,728	$	30,362

⁽¹⁾Included within other assets, net on the consolidated balance sheets (see note 3). These amounts consist of cash that we are legally entitled to but, that is not immediately available to us. As a result, these amounts were considered restricted as of the dates presented.