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Supplemental Disclosures of Cash Flow Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Supplemental Cash Flow Information [Abstract] |
Schedule of Supplemental Cash Flow Information | The following table summarizes our supplemental cash flow information during the periods indicated below (in thousands):
| Years ended December 31,
| 2024 |  | 2023 |  | 2022
Supplemental disclosures: |  |  |  |  |
Cash paid for interest | $ | 970,009 |  |  | $ | 692,004 |  |  | $ | 501,716 |
Cash paid for income taxes | $ | 32,278 |  |  | $ | 12,283 |  |  | $ | 45,031 |
Non-cash activities: |  |  |  |  |
Net increase (decrease) in fair value of derivatives | $ | 64,092 |  |  | $ | (116,145) |  |  | $ | 58,753 |
Term loans assumed at fair value | $ | 1,300,000 |  |  | $ | — |  |  | $ | — |
Notes payable assumed at fair value | $ | 2,481,486 |  |  | $ | — |  |  | $ | — |
Increase in noncontrolling interests from property acquisitions | $ | — |  |  | $ | 39,156 |  |  | $ | — |
Mortgages assumed at fair value | $ | — |  |  | $ | — |  |  | $ | 45,079 |
Issuance/conversion of common partnership units of Realty Income, L.P. (1) | $ | 47,253 |  |  | $ | — |  |  | $ | 51,221 |
(1) See note 11, Noncontrolling Interests for further details.
Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash | The following table provides a reconciliation of 'Cash and cash equivalents' reported on our consolidated balance sheets to the total of the cash, cash equivalents, and restricted cash reported within our consolidated statements of cash flows (in thousands):
| December 31, 2024 |  | December 31, 2023
Cash and cash equivalents shown in the consolidated balance sheets | $ | 444,962 |  |  | $ | 232,923 |
Restricted escrow deposits (1) | 36,326 |  |  | 6,247 |
Impounds related to mortgages payable (1) | 14,218 |  |  | 53,005 |
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows | $ | 495,506 |  |  | $ | 292,175 |
(1) Included within 'Other assets, net' on our consolidated balance sheets (see note 3, Supplemental Detail for Certain Components of Consolidated Balance Sheets). 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.

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