Supplemental Disclosures of Cash Flow Information	12 Months Ended
Dec. 31, 2012
Supplemental Disclosures of Cash Flow Information
Supplemental Disclosures of Cash Flow Information	16. Supplemental Disclosures of Cash Flow Information Interest paid was $112.5 million in 2012, $102.0 million in 2011 and $82.6 million in 2010. Interest capitalized to properties under development was $498,000 in 2012, $438,000 in 2011 and $10,000 in 2010. Income taxes paid were $1.0 million in 2012, $871,000 in 2011 and $907,000 in 2010. The following non-cash investing and financing activities are included in the accompanying consolidated financial statements: A. Share-based compensation expense was $10.0 million for 2012, $7.9 million for 2011 and $6.2 million for 2010. B. See “Provisions for Impairment” in note 2 for a discussion of provisions for impairments recorded by Realty Income and Crest. C. For eight properties we acquired during 2012, we assumed $110.5 million of mortgages payable to third-party lenders and recorded $10.0 million of net premiums. See note 8 for a discussion of these transactions. D. For four properties we acquired during 2011, we assumed $67.4 million of mortgages payable to third-party lenders and recorded $820,000 of net premiums. Additionally, we assumed an $8.8 million note receivable. See note 8 for a discussion of these transactions. E. In 2010, we recorded a $799,000 receivable for the sale of an investment property as a result of an eminent domain action. We received cash for this eminent domain action in 2012. The $799,000 receivable is included in other assets, net, on our consolidated balance sheet at December 31, 2011. F. In 2010, we recorded a $600,000 receivable for the sale of excess land, which was included on our consolidated balance sheet at that time. We received cash for this excess land in 2011. G. In accordance with our policy, we recorded increases to our estimated legal obligations related to asset retirement obligations on two land leases in the following amounts: $31,000 in 2012, $152,000 in 2011 and $82,000 in 2010. These asset retirement obligations account for the difference between our obligations to the landlord under the two land leases and our subtenant’s obligations to us under the subleases. H. Accrued costs on properties under development resulted in an increase in buildings and improvements and accounts payable of $3.8 million at December 31, 2012 and $3.7 million at December 31, 2011.

Supplemental Disclosures of Cash Flow Information

12 Months Ended

Dec. 31, 2012

Supplemental Disclosures of Cash Flow Information

Supplemental Disclosures of Cash Flow Information

16. Supplemental Disclosures of Cash Flow Information

Interest paid was $112.5 million in 2012, $102.0 million in 2011 and $82.6 million in 2010.

Interest capitalized to properties under development was $498,000 in 2012, $438,000 in 2011 and $10,000 in 2010.

Income taxes paid were $1.0 million in 2012, $871,000 in 2011 and $907,000 in 2010.

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

A. Share-based compensation expense was $10.0 million for 2012, $7.9 million for 2011 and $6.2 million for 2010.

B. See “Provisions for Impairment” in note 2 for a discussion of provisions for impairments recorded by Realty Income and Crest.

C. For eight properties we acquired during 2012, we assumed $110.5 million of mortgages payable to third-party lenders and recorded $10.0 million of net premiums. See note 8 for a discussion of these transactions.

D. For four properties we acquired during 2011, we assumed $67.4 million of mortgages payable to third-party lenders and recorded $820,000 of net premiums. Additionally, we assumed an $8.8 million note receivable. See note 8 for a discussion of these transactions.

E. In 2010, we recorded a $799,000 receivable for the sale of an investment property as a result of an eminent domain action. We received cash for this eminent domain action in 2012. The $799,000 receivable is included in other assets, net, on our consolidated balance sheet at December 31, 2011.

F. In 2010, we recorded a $600,000 receivable for the sale of excess land, which was included on our consolidated balance sheet at that time. We received cash for this excess land in 2011.

G. In accordance with our policy, we recorded increases to our estimated legal obligations related to asset retirement obligations on two land leases in the following amounts: $31,000 in 2012, $152,000 in 2011 and $82,000 in 2010. These asset retirement obligations account for the difference between our obligations to the landlord under the two land leases and our subtenant’s obligations to us under the subleases.

H. Accrued costs on properties under development resulted in an increase in buildings and improvements and accounts payable of $3.8 million at December 31, 2012 and $3.7 million at December 31, 2011.

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References+ Details