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Supplemental Cash Flow Information
3 Months Ended
Mar. 31, 2023
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information

NOTE 12. SUPPLEMENTAL CASH FLOW INFORMATION

 

Our significant noncash investing and financing activities for the three months ended March 31, 2023 and 2022 included the following:

 

We recognized lease right-of-use assets and lease liabilities related to leases in which we are the lessee within Other Assets and Other Liabilities on the Consolidated Balance Sheets, including any new leases, renewals and modifications of $12.1 million in 2023 and $3.7 million in 2022 for both assets and liabilities.

 

We capitalized $14.7 million and $10.6 million in 2023 and 2022, respectively, of equity-based compensation expense.

 

We received $216.4 million in 2022, of ownership interests in certain unconsolidated co-investment ventures as a portion of our proceeds from the contribution of properties to these entities, as disclosed in Note 4.

We issued less than 0.1 million shares in 2023 and 2022, of the Parent’s common stock upon redemption of an equal number of common limited partnership units in the OP.

 

We paid $129.9 million and $62.9 million for interest, net of amounts capitalized, during the three months ended March 31, 2023 and 2022, respectively.

 

We paid $46.2 million and $30.7 million for income taxes, net of refunds, during the three months ended March 31, 2023 and 2022, respectively.