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CONSOLIDATED STATEMENTS OF CASH FLOWS - Cash and Restricted Cash (Parenthetical) - USD ($) $ in Thousands | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Cash and cash equivalents |  | $ 245,939 | $ 144,584 | $ 245,939 | $ 658,065 |
Restricted cash | [1] | 1,022 | 5,270 | 1,022 | 30,237 |
Total cash and cash equivalents and restricted cash shown in our consolidated statements of cash flows |  | 246,961 | 149,854 | 246,961 | 688,302 | $ 1,016,945
Repayments of borrowings on revolving credit facility |  |  | $ 0 | $ 700,000 | $ 100,000 |
Credit Facility | Unsecured Debt |  |  |  |  |  |
Repayments of borrowings on revolving credit facility |  | $ 450,000 |  |  |  |
[1] | Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties. As of December 31, 2022, restricted cash consisted of proceeds from the sale of assets and proceeds from the sale of joint venture interests held as collateral pursuant to the agreement governing our former credit facility, or our credit agreement. In December 2023, we repaid all $450,000 outstanding under such secured credit facility with Wells Fargo Bank, National Association, as administrative agent and a lender, and a syndicate of other lenders, and then terminated our credit agreement in accordance with its terms and without penalty. As such, we are no longer required to hold any proceeds from the sale of properties as restricted cash.

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