Supplemental Disclosures for the Statement of Consolidated Cash Flows

9 Months Ended

Sep. 30, 2022

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures for the Statement of Consolidated Cash Flows

Certain non-cash investing and financing activities for the nine months ended September 30, 2022 and 2021 (in thousands) are outlined below:


	Nine Months Ended
	September 30, 2022		September 30, 2021
Accrued capital expenditures and deferred lease costs	$	18,424	$	40,697
Change in accrued dividends	$	(26,048)	$	(25,682)

Change in accrued share repurchases as part of an announced plan	$	—	$	(685)
Accrued deferred financing costs	$	71	$	495
Accrued stock issuance costs	$	150	$	—

The following table provides a reconciliation of cash, cash equivalents, and restricted cash and escrows as presented in the accompanying consolidated statements of cash flows for the nine months ended September 30, 2022 and 2021, to the consolidated balance sheets for the respective period (in thousands):


	2022		2021
Cash and cash equivalents, beginning of period	$	7,419	$	7,331
Restricted cash and escrows, beginning of period	1,441		1,883


Total cash, cash equivalents, and restricted cash and escrows as presented in the accompanying consolidated statement of cash flows, beginning of period	$	8,860	$	9,214

Cash and cash equivalents, end of period	$	10,653	$	8,189
Restricted cash and escrows, end of period	2,191		6,093


Total cash, cash equivalents, and restricted cash and escrows as presented in the accompanying consolidated statement of cash flows, end of period	$	12,844	$	14,282

Amounts in restricted cash and escrows typically represent: escrow accounts required for future property repairs; escrow accounts for the payment of real estate taxes as 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.