Year Ended December 31,

2021

2020

2019

(in thousands)

Reconciliation of cash and cash equivalents and restricted cash:

Cash and cash equivalents

$

20,534

$

163,535

$

24,117

Restricted cash

3,877

4,023

9,263

Cash, cash equivalents and restricted cash at end of year

$

24,411

$

167,558

$

33,380

Supplemental information:

Interest paid during the year, net of amounts capitalized

$

214,406

$

216,206

$

205,943

Taxes paid during the year

$

6,288

$

6,974

$

5,097

Non cash investing activities

Non-cash acquisition of business

$

—

$

(1,826)

$

(566,966)

Non-cash acquisition of real estate

$

(58,595)

$

—

$

(531,801)

Non-cash proceeds from sale of real estate investments

$

—

$

83,910

$

—

Non-cash placement of mortgage principal

$

(7,000)

$

(86,936)

$

—

Non-cash collection of mortgage principal

$

58,595

$

—

$

—

Non-cash surrender of mortgage

$

—

$

—

$

11,874

Non-cash investment in other investments

$

—

$

(121,139)

$

(27,408)

Non-cash proceeds from other investments

$

7,000

$

68,025

$

149,542

Non-cash settlement of direct financing lease

$

—

$

—

$

4,970

Initial non-cash right of use asset - ground leases

$

—

$

—

$

5,593

Initial non-cash lease liability - ground leases

$

—

$

—

$

(5,593)

Non cash financing activities

Debt assumed in merger

$

—

$

—

$

285,100

Stock exchanged in merger

$

—

$

—

$

281,865

Acquisition of other long-term borrowings

$

—

$

—

$

388,627

Non-cash borrowing (repayment) of other long-term borrowings

$

(20,000)

$

6,459

$

(6,459)

Change in fair value of cash flow hedges

$

23,457

$

19,788

$

(7,757)

Remeasurement of debt denominated in a foreign currency

$

3,010

$

8,911

$

4,490