XML 58 R36.htm IDEA: XBRL DOCUMENT v3.20.4
Supplemental Cash Flow Information of the Operating Partnership
12 Months Ended
Dec. 31, 2020
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information of the Operating Partnership Supplemental Cash Flow Information of the Company
Supplemental cash flow information follows (in thousands):
Year Ended December 31,
202020192018
SUPPLEMENTAL CASH FLOWS INFORMATION:
Cash paid for interest, net of capitalized interest of $75,852, $77,666, and $65,627 as of
   December 31, 2020, 2019 and 2018, respectively
$61,741 $43,607 $44,697 
Cash paid for amounts included in the measurement of ground lease liabilities$5,744 $5,224 $4,398 
NON-CASH INVESTING TRANSACTIONS:
Accrual for expenditures for operating properties and development properties$189,161 $162,654 $158,626 
Tenant improvements funded directly by tenants$11,592 $10,268 $13,968 
Assumption of accrued liabilities in connection with acquisitions (Note 3)$— $10,267 $40,624 
Initial measurement of operating right of use ground lease assets (Notes 2, 3 and 18)$— $96,272 $— 
Initial measurement of operating ground lease liabilities (Notes 2, 3 and 18)$— $98,349 $— 
NON-CASH FINANCING TRANSACTIONS:
Accrual of dividends and distributions payable to common stockholders and common
unitholders (Notes 13 and 27)
$59,431 $53,219 $47,559 
Exchange of common units of the Operating Partnership into shares of the Company’s
common stock
$37,640 $78 $1,962 

The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the years ended December 31, 2020, 2019 and 2018.
Year Ended December 31,
202020192018
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH:  
Cash and cash equivalents at beginning of period $60,044 $51,604 $57,649 
Restricted cash at beginning of period16,300 119,4309,149
Cash and cash equivalents and restricted cash at beginning of period$76,344 $171,034 $66,798 
Cash and cash equivalents at end of period $731,991 $60,044 $51,604 
Restricted cash at end of period91,139 16,300 119,430 
Cash and cash equivalents and restricted cash at end of period$823,130 $76,344 $171,034 
Supplemental Cash Flow Information of the Operating Partnership:
Supplemental cash flow information follows (in thousands):
 
Year Ended December 31,  
 202020192018
SUPPLEMENTAL CASH FLOWS INFORMATION:
Cash paid for interest, net of capitalized interest of $75,852, $77,666, and $65,627 as of
December 31, 2020, 2019 and 2018, respectively
$61,741 $43,607 $44,697 
Cash paid for amounts included in the measurement of ground lease liabilities$5,744 $5,224 $4,398 
NON-CASH INVESTING TRANSACTIONS:
Accrual for expenditures for operating properties and development properties
$189,161 $162,654 $158,626 
Tenant improvements funded directly by tenants$11,592 $10,268 $13,968 
Assumption of accrued liabilities in connection with acquisitions (Note 3)
$— $10,267 $40,624 
Initial measurement of operating right of use ground lease assets (Notes 2, 3 and 18)
$— $96,272 $— 
Initial measurement of operating ground lease liabilities (Notes 2, 3 and 18)
$— $98,349 $— 
NON-CASH FINANCING TRANSACTIONS:
Accrual of distributions payable to common unitholders (Notes 14 and 27)$59,431 $53,219 $47,559 

The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the years ended December 31, 2020, 2019 and 2018.
Year Ended December 31,
202020192018
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH:  
Cash and cash equivalents at beginning of period $60,044 $51,604 $57,649 
Restricted cash at beginning of period16,300 119,430 9,149 
Cash and cash equivalents and restricted cash at beginning of period$76,344 $171,034 $66,798 
Cash and cash equivalents at end of period $731,991 $60,044 $51,604 
Restricted cash at end of period91,139 16,300 119,430 
Cash and cash equivalents and restricted cash at end of period$823,130 $76,344 $171,034