NOTE 13: SUPPLEMENTAL DISCLOSURE TO STATEMENT OF CASH FLOWS

The following are supplemental disclosures to the statements of cash flows for the six months ended June 30, 2018 and 2017:

	For the Six Months Ended June 30,
	2018			2017
Cash paid for interest	$	28,483		$	31,498
Cash paid (refunds received) for taxes		(1	)		203
Non-cash increase in investments in real estate, intangible assets, and other liabilities from conversion of loans		—			1,590
Non-cash (decrease) in investments in real estate, restricted cash, other assets, intangible assets, accounts payable and accrued expenses, and other liabilities from deconsolidation of properties		—			(43,025	)
Non-cash increase (decrease) in indebtedness from debt extinguishments		(1,265	)		(3,813	)
Non-cash increase (decrease) to noncontrolling interests from distribution of limited partnership units on South Terrace		—			(1,618	)
Non-cash increase (decrease) in indebtedness from deconsolidation of properties		—			(27,467	)

For a discussion of the non-cash changes in indebtedness and investments in real estate, restricted cash, other assets, intangible assets, accounts payable and accrued expenses, and other liabilities that occurred during the six months ended June 30, 2018, see Note 4: Investments in Real Estate and Note 5: Indebtedness.

During the six months ended June 30, 2018, we transferred nine loans to held for sale as we had the intention and ability to sell these loans. The transfer was made at the lower of cost or fair value for each respective loan. During the six months ended June 30, 2018, we sold six loans, which had an unpaid principal balance and carrying amount of $31,377. See Note 3: Investment in Commercial Mortgage Loans, Mezzanine Loans, and Preferred Equity Interests for further discussion.

During the six months ended June 30, 2018, we acquired the noncontrolling interests related to PlazAmericas Mall for $343, including transaction costs. See Note 10: Shareholders’ Equity for further discussion.

During the six months ended June 30, 2018, we redeemed and cancelled the remaining 2,939,190 preferred units of RAIT IV and the corresponding Series D preferred shares for $56,765 of cash and $16,715 of liquidation preference of RAIT’s publicly traded Series A preferred shares, Series B preferred shares and Series C preferred shares. See Note 9: Series D Preferred Shares for further discussion.

The following table summarizes our cash and cash equivalents and restricted cash balances as of June 30, 2018 and June 30, 2017:

	As of June 30, 2018		As of June 30, 2017
Cash and cash equivalents	$	72,224	$	89,317
Restricted cash		113,091		193,580
Total cash and cash equivalents and restricted cash	$	185,315	$	282,897