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Supplemental Cash Flow Information of the Company
6 Months Ended
Jun. 30, 2020
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information of the Company Supplemental Cash Flow Information of the Company

Supplemental cash flow information follows (in thousands):

 
Six Months Ended June 30,
 
2020
 
2019
SUPPLEMENTAL CASH FLOWS INFORMATION:
 
 
 
Cash paid for interest, net of capitalized interest of $39,952 and $38,780 as of June 30, 2020 and 2019, respectively
$
25,494

 
$
23,009

Cash paid for amounts included in the measurement of ground lease liabilities
$
2,905

 
$
2,699

NON-CASH INVESTING TRANSACTIONS:
 
 
 
Accrual for expenditures for operating properties and development properties
$
131,892

 
$
129,500

Tenant improvements funded directly by tenants
$
7,210

 
$
7,017

Initial measurement of operating right of use ground lease assets
$

 
$
82,938

Initial measurement of operating ground lease liabilities
$

 
$
87,409

NON-CASH FINANCING TRANSACTIONS:
 
 
 
Accrual of dividends and distributions payable to common stockholders and common unitholders (Note 15)
$
57,600

 
$
50,800

Exchange of common units of the Operating Partnership into shares of the Company’s common stock
$
3,843

 
$
78



The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the six months ended June 30, 2020 and 2019.

 
Six Months Ended June 30,
 
2020
 
2019
 
(in thousands)
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH:
 
 
 
Cash and cash equivalents at beginning of period
$
60,044

 
$
51,604

Restricted cash at beginning of period
16,300

 
119,430

Cash and cash equivalents and restricted cash at beginning of period
$
76,344

 
$
171,034

 
 
 
 
Cash and cash equivalents at end of period
$
605,012

 
$
52,415

Restricted cash at end of period
16,300

 
6,300

Cash and cash equivalents and restricted cash at end of period
$
621,312

 
$
58,715