Supplemental Disclosures of Cash Flow Information

3 Months Ended

Mar. 31, 2015

Supplemental Disclosures of Cash Flow Information

Supplemental Disclosures of Cash Flow Information

16.Supplemental Disclosures of Cash Flow Information

Cash paid for interest was $85.9 million in the first three months of 2015 and $79.9 million in the first three months of 2014.

Interest capitalized to properties under development was $94,000 in the first three months of 2015 and $95,000 in the first three months of 2014.

Cash paid for income taxes was $1.8 million in the first three months of 2015 and $942,000 in the first three months of 2014.

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

A.See note 13 for a discussion of impairments recorded by Realty Income for the first three months of 2015 and 2014.

B.During the first three months of 2014, we assumed mortgages payable to third-party lenders of $45.9 million, recorded $2.8 million of net discounts, and recorded $901,000 of interest rate swap value to other assets, net, related to property acquisitions.

C.During the first three months of 2014, we applied $48.9 million of loans receivable to the purchase price of five acquired properties.

D.Accrued costs on properties under development resulted in an increase of $7.1 million at March 31, 2014.