Supplemental Information to Statements of Cash Flows

9 Months Ended

Sep. 30, 2018

Supplemental Cash Flow Elements [Abstract]

Supplemental Information to Statements of Cash Flows

Supplemental Information to the Statements of Cash Flows

The following supplemental information to the Statements of Cash Flows is for both Rangers and FelCor LP (in thousands): 

	Successor					Predecessor
	For the nine months ended September 30,			September 1 through September 30,		January 1 through August 31,
	2018			2017		2017
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents	$	15,735		$	10,503	$	47,396
Restricted cash reserves	5,225			6,672		17,038
Cash, cash equivalents, and restricted cash reserves	$	20,960		$	17,175	$	64,434
Interest paid, net of capitalized interest	$	38,069		$	16,301	$	38,677
Income taxes (refund) paid	$	(1,742	)	$	19	$	1,346
Supplemental investing and financing transactions
In conjunction with the sale of hotel properties, the Company recorded the following:
Sale of hotel properties	$	441,200		$	—	$	92,000
Transaction costs	(7,034		)	—		(18,584		)
Operating prorations	195			—		—
Proceeds from the sale of hotel properties, net	$	434,361		$	—	$	73,416
Supplemental non-cash transactions
Accrued capital expenditures	$	2,566		$	6,956	$	3,640
FelCor TRS Distribution (1)	$	—		$	51,267	$	—

(1) Refer to Note 3, Merger with RLJ, for the non-cash assets and liabilities comprising the FelCor TRS distribution.