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Supplemental Information to Statements of Cash Flows (Tables)
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]  
Schedule of Supplemental Information to 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
year ended December 31,
 
September 1
through
December 31,
 
 
January 1 through August 31,
 
For the
year ended December 31,
 
2018
 
2017
 
 
2017
 
2016
Reconciliation of cash, cash equivalents, and restricted cash reserves
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
21,351

 
$
14,728

 
 
$
47,396

 
$
47,317

Restricted cash reserves
3,211

 
3,303

 
 
17,038

 
19,491

Cash, cash equivalents, and restricted cash reserves
$
24,562

 
$
18,031

 
 
$
64,434

 
$
66,808

 
 
 
 
 
 
 
 
 
Interest paid, net of capitalized interest
$
54,298

 
$
33,410

 
 
$
38,677

 
$
74,499

Interest paid - related party
$
887

 
$

 
 
$

 
$

Income taxes (refund) paid
$
(1,770
)
 
$
(85
)
 
 
$
1,346

 
$
332

 
 
 
 
 
 
 
 
 
Supplemental investing and financing transactions
 
 
 
 
 
 
 
 
In conjunction with the sale of hotel properties, the Company recorded the following:
 
 
 
 
 
 
 
 
Sale of hotel properties
$
516,450

 
$
170,000

 
 
$
92,000

 
$
107,500

Purchase option for land subject to a ground lease
(44,831
)
 

 
 

 

Transaction costs
(26,400
)
 
(4,107
)
 
 
(18,584
)
 
(6,530
)
Operating prorations
68

 

 
 

 

Proceeds from the sale of hotel properties, net
$
445,287

 
$
165,893

 
 
$
73,416

 
$
100,970

 
 
 
 
 
 
 
 
 
Supplemental non-cash transactions
 
 
 
 
 
 
 
 
Accrued capital expenditures
$
5,345

 
$
8,587

 
 
$
3,640

 
$
3,124

FelCor TRS Distribution (1)
$

 
$
51,267

 
 
$

 
$

    
(1)    Refer to Note 2 for the non-cash assets and liabilities associated with the FelCor TRS distribution.