XML 89 R22.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Supplemental Disclosures of Cash Flow Information | 12 Months Ended
--- | ---
Dec. 31, 2019
Supplemental Cash Flow Information [Abstract] |
Supplemental Disclosures of Cash Flow Information | Supplemental Disclosures of Cash Flow Information Cash paid for interest was $275.3 million in 2019, $251.5 million in 2018, and $240.4 million in 2017. Interest capitalized to properties under development was $751,000 in 2019, $369,000 in 2018, and $461,000 in 2017. Cash paid for income taxes was $4.2 million in 2019, $4.7 million in 2018, and $3.8 million in 2017. The following non-cash activities are included in the accompanying consolidated financial statements: A. As a result of the adoption of Accounting Standards Codifications Topic 842, Leases, on January 1, 2019, we recorded $132.0 million of lease liabilities and related right of use assets as lessee under operating leases. B. During 2019, we issued 89,322 common partnership units of Realty Income, L.P. totaling $6.3 million, as partial consideration for an acquisition of properties. C. During 2019, we recorded $5.1 million to noncontrolling interests in connection with the acquisition of a controlling interest in a consolidated joint venture. D. During 2019, we assumed mortgages payable to the third-party lenders of $130.8 million. E. During 2018, we issued 373,797 common partnership units of Realty Income, L.P. as partial consideration for an acquisition of properties, totaling $18.8 million. F. During 2018, we completed the acquisition of a property using $7.5 million in funds that were held in a non-refundable escrow account. G. During 2017, we completed the acquisition of a portfolio of properties by entering into a note payable in the amount of $125.9 million with the seller, maturing in January 2018. This note was paid in full at maturity. Per the requirements of ASU 2016-18 (Topic 230, Statement of Cash Flows) the following table provides a reconciliation of cash and cash equivalents reported within the consolidated balance sheets to the total of the cash, cash equivalents and restricted cash reported within the consolidated statements of cash flows (dollars in thousands):
|  | December 31, 2019 |  |  | December 31, 2018 |
Cash and cash equivalents shown in the consolidated balance sheets |  | $ | 54,011 |  |  | $ | 10,387 |
Impounds related to mortgages payable (1) |  | 12,465 |  |  | 9,555 |
Restricted escrow deposits (1) |  | 4,529 |  |  | 1,129 |
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows |  | $ | 71,005 |  |  | $ | 21,071 |
(1) Included within other assets, net on the consolidated balance sheets (see note 3). These amounts consist of cash that we are legally entitled to, but that is not immediately available to us. As a result, these amounts were considered restricted as of the dates presented.

X
- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -URI http://asc.fasb.org/topic&trid=2134446 + Details
Name: | us-gaap_CashFlowSupplementalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SupplementalCashFlowInformationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration