Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2022

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

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

	Nine Months Ended September 30,
	2022		2021
Supplemental cash flow information:
Interest paid, net of capitalized interest	$	138,972	$	167,062
Income taxes paid (refunded)	(2,003)		4,258
Capitalized interest	26,970		17,022
Supplemental schedule of non-cash investing and financing activities:
Retained investment in connection with South San Francisco JVs transaction	293,265		—
Increase in ROU asset in exchange for new lease liability related to operating leases	954		15,329
Decrease in ROU asset with corresponding change in lease liability related to operating leases	—		8,410
Seller financing provided on disposition of real estate asset	—		559,745
Accrued construction costs	160,937		150,204
Vesting of restricted stock units and conversion of non-managing member units into common stock	803		907
Carrying value of mortgages assumed by buyer in real estate dispositions	—		143,676

The following table summarizes certain cash flow information related to assets classified as discontinued operations (in thousands):

	Nine Months Ended September 30,
	2022		2021
Leasing costs, tenant improvements, and recurring capital expenditures	$	21	$	2,609
Development, redevelopment, and other major improvements of real estate	18		5,361
Depreciation and amortization of real estate, in-place lease, and other intangibles	—		—

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

	Nine Months Ended September 30,
	2022		2021		2022		2021		2022		2021
	Continuing operations				Discontinued operations				Total
Beginning of period:
Cash and cash equivalents	$	158,287	$	44,226	$	7,707	$	53,085	$	165,994	$	97,311
Restricted cash	53,454		67,206		—		17,168		53,454		84,374
Cash, cash equivalents and restricted cash	$	211,741	$	111,432	$	7,707	$	70,253	$	219,448	$	181,685
End of period:
Cash and cash equivalents	$	112,452	$	201,099	$	2,172	$	14,005	$	114,624	$	215,104
Restricted cash	54,500		53,699		—		3		54,500		53,702
Cash, cash equivalents and restricted cash	$	166,952	$	254,798	$	2,172	$	14,008	$	169,124	$	268,806