Supplemental Disclosures for the Statement of Consolidated Cash Flows

3 Months Ended

Mar. 31, 2019

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures for the Statement of Consolidated Cash Flows

Supplemental Disclosures for the Statement of Consolidated Cash Flows

Certain non cash investing and financing activities for the three months ended March 31, 2019 and 2018, (in thousands) are outlined below:

	Three Months Ended
	March 31, 2019			March 31, 2018
Accrued capital expenditures and deferred lease costs	$	7,055		$	6,222
Change in accrued dividends and discount on dividend reinvestments	$	(26,972	)	$	(101,800	)
Change in accrued share repurchases as part of an announced plan	$	(4,417	)	$	(1,276	)
Accrued deferred financing costs	$	37		$	44

The following table provides a reconciliation of cash, cash equivalents, and restricted cash and escrows as reported, or previously reported, within the consolidated balance sheet to the consolidated statement of cash flows as of the three months ended March 31, 2019 and 2018, respectively (in thousands).

	Three Months Ended
	March 31, 2019		March 31, 2018
Cash and cash equivalents, beginning of period	$	4,571	$	7,382
Restricted cash and escrows, beginning of period	1,463		1,373
Total cash, cash equivalents, and restricted cash and escrows shown in the consolidated statement of cash flows, beginning of period	$	6,034	$	8,755
Cash and cash equivalents, end of period	$	4,625	$	6,729
Restricted cash and escrows, end of period	1,433		1,464
Total cash, cash equivalents, and restricted cash and escrows shown in the consolidated statement of cash flows, end of period	$	6,058	$	8,193

Amounts in restricted cash and escrows typically represent escrow accounts for the payment of real estate taxes which are required under certain of Piedmont's debt agreements; earnest money deposited by a buyer to secure the purchase of one of our properties; or security or utility deposits held for tenants as a condition of their lease agreement.