XML 43 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Supplemental Information to Statements of Cash Flows (Tables)
6 Months Ended
Jun. 30, 2024
Supplemental Cash Flow Elements [Abstract]  
Schedule of supplemental information to statements of cash flows
For the six months ended June 30,
20242023
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$371,133 $476,936 
Restricted cash reserves36,081 34,396 
Cash, cash equivalents, and restricted cash reserves$407,214 $511,332 
Interest paid$50,355 $44,386 
Income taxes paid$2,055 $1,924 
Operating cash flow lease payments for operating leases$7,821 $8,630 
Right-of-use asset obtained in exchange for lease obligation$— $5,016 
Right-of-use asset and lease liability adjustments due to remeasurement$(1,221)$— 
Right-of-use asset and lease liability reclassifications to land due to acquisition$1,187 $— 
Supplemental investing and financing transactions
In connection with acquisitions, the Company recorded the following:
Purchase price$160,500 $— 
Application of purchase deposit(2,400)— 
Transaction costs488 — 
Operating prorations(243)— 
Acquisitions, net$158,345 $— 
In connection with the sales of hotel properties, the Company recorded the following:
Sales price$8,078 $— 
Transaction costs(394)(44)
Operating prorations(5)— 
Proceeds from sales of hotel properties, net$7,679 $(44)
Supplemental non-cash transactions
Accrued capital expenditures$18,440 $10,854