XML 42 R33.htm IDEA: XBRL DOCUMENT

Supplemental Information to Statements of Cash Flows (Tables)

9 Months Ended

Sep. 30, 2022


	For the nine months ended September 30,
	2022		2021
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents	$	488,146	$	624,551
Restricted cash reserves	51,504		35,763
Cash, cash equivalents, and restricted cash reserves	$	539,650	$	660,314

Interest paid	$	76,768	$	78,578

Income taxes paid	$	850	$	154

Operating cash flow lease payments for operating leases	$	12,438	$	8,985

Right-of-use asset and liability adjustment due to remeasurement	$	(2,473)	$	—

Supplemental investing and financing transactions
In connection with the acquisitions of hotel properties, the Company recorded the following:
Purchase of hotel properties	$	59,000	$	58,000
Transaction costs	1,021		813
Operating prorations	(802)		(244)
Acquisition of hotel properties, net	$	59,219	$	58,569

In connection with the sales of hotel properties, the Company recorded the following:
Sales price	$	49,900	$	39,507
Transaction costs	(856)		(2,158)
Operating prorations	(991)		(1,132)
Proceeds from the sale of hotel properties, net	$	48,053	$	36,217

Supplemental non-cash transactions
Accrued capital expenditures	$	2,363	$	3,472