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Supplemental Information to Statements of Cash Flows
6 Months Ended
Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]  
Supplemental Information to Statements of Cash Flows Supplemental Information to Statements of Cash Flows (in thousands)
For the six months ended June 30,
20222021
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$511,481 $657,892 
Restricted cash reserves44,281 38,842 
Cash, cash equivalents, and restricted cash reserves$555,762 $696,734 
Interest paid$45,747 $54,603 
Income taxes paid$677 $154 
Operating cash flow lease payments for operating leases$7,667 $5,718 
Supplemental investing and financing transactions
In connection with the sale of hotel properties, the Company recorded the following:
Sales price$49,900 $17,677 
Transaction costs(836)(980)
Operating prorations(991)(429)
Proceeds from the sale of hotel properties, net$48,073 $16,268 
Supplemental non-cash transactions
Accrued capital expenditures$7,405 $6,065