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Supplemental Cash Flow Information (Tables)
6 Months Ended
Jun. 30, 2019
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information
The following table provides supplemental cash flow information (in thousands):
 
Six Months Ended June 30,
 
2019
 
2018
Supplemental cash flow information:
 

 
 

Interest paid, net of capitalized interest
$
99,934

 
$
141,777

Income taxes paid (refunded)
1,171

 
2,735

Capitalized interest
15,413

 
8,033

Supplemental schedule of non-cash investing and financing activities:
 
 
 
Accrued construction costs
102,307

 
66,233

Retained equity method investment and proceeds receivable from U.K. JV transaction

 
507,369

Derecognition of U.K. Bridge Loan receivable

 
147,474

Consolidation of net assets related to U.K. Bridge Loan

 
106,457

Vesting of restricted stock units and conversion of non-managing member units into common stock
4,498

 
340

Liabilities assumed with real estate acquisitions
59,778

 

Conversion of DFLs to real estate
350,540

 

Net noncash impact from the consolidation of previously unconsolidated joint ventures (see Note 3)
17,850

 


Schedule of Cash, Cash Equivalents and Restricted Cash
The following table summarizes cash, cash equivalents and restricted cash (in thousands):
 
 
June 30,
 
 
2019
 
2018
Cash and cash equivalents
    
$
130,521

    
$
91,381

Restricted cash
 
25,531

    
30,548

Cash, cash equivalents and restricted cash
 
$
156,052

 
$
121,929