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Supplemental Information to Statements of Cash Flows
3 Months Ended
Mar. 31, 2022
Supplemental Cash Flow Elements [Abstract]  
Supplemental Information to Statements of Cash Flows Supplemental Information to Statements of Cash Flows (in thousands)
For the three months ended March 31,
20222021
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$479,047 $647,844 
Restricted cash reserves43,254 33,391 
Cash, cash equivalents, and restricted cash reserves$522,301 $681,235 
Interest paid$33,911 $20,886 
Income taxes paid$$134 
Operating cash flow lease payments for operating leases$3,629 $2,880 
Supplemental investing and financing transactions
In connection with the sale of hotel properties, the Company recorded the following:
Sales price$35,450 $4,410 
Transaction costs(599)(300)
Operating prorations(726)(120)
Proceeds from the sale of hotel properties, net$34,125 $3,990 
Supplemental non-cash transactions
Accrued capital expenditures$1,454 $9,485