Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2020

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

The following table provides supplemental cash flow information (in thousands):

	Three Months Ended March 31,
	2020			2019
Supplemental cash flow information:
Interest paid, net of capitalized interest	$	71,621		$	53,475
Income taxes paid (refunded)	(1,673		)	(769		)
Capitalized interest	6,970			8,369
Supplemental schedule of non-cash investing and financing activities:
Accrued construction costs	126,185			94,904
Vesting of restricted stock units and conversion of non-managing member units into common stock	1,077			4,341
Liabilities assumed with real estate acquisitions	523,289			—
Conversion of DFLs to real estate	—			350,540
Net noncash impact from the consolidation of previously unconsolidated joint ventures	323,138			—

See Note 3 for a discussion of the impact of the 2019 MTCA with Brookdale on the Company’s consolidated balance sheet and statement of operations. See Note 5 for a discussion related to the conversion of a DFL to real estate.

The following table summarizes cash, cash equivalents and restricted cash (in thousands):

	March 31,
	2020		2019
Cash and cash equivalents	$	783,542	$	120,117
Restricted cash	106,557		26,535
Cash, cash equivalents and restricted cash	$	890,099	$	146,652