Cash Flow Information

3 Months Ended

Mar. 31, 2021

Supplemental Cash Flow Elements [Abstract]

5. CASH FLOW INFORMATION

Cash paid for interest was $16.3 million and $14.9 million for the three months ended March 31, 2021 and 2020, respectively, net of amounts capitalized of $0.1 million and $0.9 million, respectively.

In our statement of cash flows, we report cash flows on our revolving facilities on a net basis. We had no borrowings or repayments on our First Lien Revolving Facility for the three months ended March 31, 2021. Aggregate borrowings on our Restructured Revolver were $34.0 million for the three months ended March 31, 2020 with no paydowns.

Accrued construction costs increased by $0.3 million and decreased by $5.3 million for the three months ended March 31, 2021 and 2020, respectively, representing non-cash changes in investment in real estate and construction in progress.

The following table provides a summary of cash, cash equivalents, and restricted cash reported within the statement of cash flows as of March 31, 2021 and 2020.

	March 31,
(in thousands of dollars)	2021		2020
Cash and cash equivalents	$	44,637	$	5,351
Restricted cash included in other assets		9,279		6,247
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows	$	53,916	$	11,598

Our restricted cash consists of cash held in escrow by banks for real estate taxes and other purposes.