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Supplemental Disclosures of Cash Flow Information
6 Months Ended
Jun. 30, 2019
Supplemental Cash Flow Information [Abstract]  
Supplemental Disclosures of Cash Flow Information Supplemental Disclosures of Cash Flow Information
Cash paid for interest was $134.9 million in the first six months of 2019 and $111.9 million in the first six months of 2018.
Interest capitalized to properties under development was $353,000 in the first six months of 2019 and $130,000 in the first six months of 2018.
Cash paid for income taxes was $3.1 million in the first six months of 2019 and $2.9 million in the first six months of 2018.
The following non-cash activities are included in the accompanying consolidated financial statements:
A. As a result of the adoption of ASU 2016-02, we recorded $132.0 million of lease liabilities and related right of use assets as lessee under operating leases during the first six months of 2019.
B. During the first six months of 2019, we issued 89,322 common partnership units of Realty Income, L.P. totaling $6.3 million, as partial consideration for an acquisition of properties.
C. During the first six 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.
D. During the first six 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.
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 (dollars in thousands):
 
June 30, 2019

 
June 30, 2018

Cash and cash equivalents shown in the consolidated balance sheets
$
27,136

 
$
30,717

Restricted escrow deposits (1)
1,323

 
7,054

Impounds related to mortgages payable (1)
11,433

 
7,029

Total cash, cash equivalents, and restricted cash shown in the consolidated
statements of cash flows
$
39,892

 
$
44,800

(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.