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Supplemental Disclosures for the Statement of Consolidated Cash Flows
 9 Months Ended
Sep. 30, 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 nine months ended September 30, 2019 and 2018, (in thousands) are outlined below:

Nine Months Ended
September 30, 2019September 30, 2018
Accrued capital expenditures and deferred lease costs$29,828  $21,784  
Change in accrued dividends and discount on dividend reinvestments
$(26,972) $(101,794) 
Change in accrued share repurchases as part of an announced plan$(4,417) $(1,277) 
Accrued stock issuance costs$441  $—  

The following table provides a reconciliation of cash, cash equivalents, and restricted cash and escrows as presented in the accompanying consolidated statement of cash flows for the nine months ended September 30, 2019 and 2018, to the consolidated balance sheets for the respective period (in thousands):

20192018
Cash and cash equivalents as of January 1, 2019 and 2018, respectively$4,571  $7,382  
Restricted cash and escrows as of January 1, 2019 and 2018, respectively1,463  1,373  
Cash, cash equivalents, and restricted cash and escrows, beginning of period, as presented in the accompanying consolidated statement of cash flows
$6,034  $8,755  
Cash and cash equivalents as of September 30, 2019 and 2018, respectively$10,284  $6,807  
Restricted cash and escrows as of September 30, 2019 and 2018, respectively1,820  1,374  
Cash, cash equivalents, and restricted cash and escrows, end of period, as presented in the accompanying consolidated statement of cash flows
$12,104  $8,181  

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 Piedmont's properties; or security or utility deposits held for tenants as a condition of their lease agreement.