XML 40 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Supplemental Information to Statements of Cash Flows (Tables)
 9 Months Ended
Sep. 30, 2016
Supplemental Cash Flow Elements [Abstract]  
Schedule of supplemental information to statements of cash flows
 
For the nine months ended September 30,
 
2016
 
2015
Interest paid, net of capitalized interest
$
42,807

 
$
34,968

 
 
 
 
Income taxes paid
$
1,560

 
$
1,391

 
 
 
 
Supplemental investing and financing transactions
 
 
 
In conjunction with the acquisitions, the Company recorded the following:
 
 
 
Purchase of real estate
$
—

 
$
175,900

Restricted cash reserves
—

 
1,548

Accounts receivable
—

 
179

Other assets
—

 
120

Mortgage debt assumed
—

 
(33,389
)
Advance deposits
—

 
(46
)
Accounts payable and other liabilities
—

 
(543
)
Acquisition of hotel properties, net
$
—

 
$
143,769

 
 
 
 
In conjunction with the sale of hotel properties, the Company recorded the following:
 
 
 
Sale of hotel properties
$
2,850

 
$
238,450

Transaction costs
(122
)
 
(8,781
)
Operating prorations
(99
)
 
3,269

Proceeds from the sale of hotel properties, net
$
2,629

 
$
232,938

 
 
 
 
Supplemental non-cash transactions
 
 
 
Accrued capital expenditures
$
2,500

 
$
3,147

 
 
 
 
Redemption of Operating Partnership units
$
4,325

 
$
—