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Supplemental Disclosure of Cash Flow Information
3 Months Ended
Mar. 31, 2020
Supplemental Cash Flow Elements [Abstract]  
Supplemental Disclosure of Cash Flow Information  Supplemental Disclosure of Cash Flow Information
 
Three Months Ended
March 31,
(in thousands)
2020
 
2019
Supplemental Disclosure of Cash Flow Information:
 
 
 
Interest paid
$
59,479

 
$
62,107

Income taxes paid, net of refunds
957

 
606

 
 
 
 
Capital expenditures, net of related payables
 
 
 
Capital expenditures - non-development, net
$
60,556

 
$
54,602

Capital expenditures - development, net
3,900

 
5,269

Capital expenditures - non-development - reimbursable
5,827

 

Trade accounts payable
(898
)
 
184

Net cash paid
$
69,385

 
$
60,055

Acquisition of communities from Healthpeak
 
 
 
Property, plant and equipment and leasehold intangibles, net
$
286,734

 
$

Operating lease right-of-use assets
(63,285
)
 

Financing lease obligations
129,196

 

Operating lease obligations
74,335

 

Loss (gain) on debt modification and extinguishment, net
(19,731
)
 

Net cash paid
$
407,249

 
$

Acquisition of other assets, net of related payables and cash received:
 
 
 
Property, plant and equipment and leasehold intangibles, net
$
179

 
$
32,126

Financing lease right-of-use assets
39,260

 

Other intangibles assets, net

 
(4,796
)
Net cash paid
$
39,439

 
$
27,330

Proceeds from Sale of CCRC Venture, net
 
 
 
Investment in unconsolidated ventures
$
(14,848
)
 
$

Current portion of long-term debt
34,706

 

Accrued expenses
(5,025
)
 

Other liabilities
60,748

 

Loss (gain) on sale of assets, net
(370,745
)
 

Net cash received
$
(295,164
)
 
$

Proceeds from sale of other assets, net
 
 
 
Prepaid expenses and other assets, net
$
(1,261
)
 
$
(231
)
Assets held for sale
(5,274
)
 
(29,550
)

Property, plant and equipment and leasehold intangibles, net

 
(457
)
Other liabilities
(824
)
 
78

Loss (gain) on sale of assets, net
(2,094
)
 
702

Net cash received
$
(9,453
)
 
$
(29,458
)
 
 
 
 
Supplemental Schedule of Non-cash Operating, Investing and Financing
 
 
 
Purchase of treasury stock:
 
 
 
Treasury stock
$

 
$
288

Accounts payable

 
(288
)
Net
$

 
$

Assets designated as held for sale:
 
 
 
Assets held for sale
$

 
$
(5,249
)
Property, plant and equipment and leasehold intangibles, net

 
5,249

Net
$

 
$

Healthpeak master lease modification
 
 
 
Property, plant and equipment and leasehold intangibles, net
$
(57,462
)
 
$

Operating lease right-of-use assets
88,044

 

Financing lease obligations
70,874

 

Operating lease obligations
(101,456
)
 

Net
$

 
$

Other lease termination and modification, net:
 
 
 
Prepaid expenses and other assets, net
$

 
$
(160
)
Property, plant and equipment and leasehold intangibles, net
(9,441
)
 
175

Financing lease obligations
9,516

 

Other liabilities
(75
)
 
(224
)
Loss (gain) on facility lease termination and modification, net

 
209

Net
$

 
$



Restricted cash consists principally of escrow deposits for real estate taxes, property insurance, and capital expenditures required by certain lenders under mortgage debt agreements and deposits as security for self-insured retention risk under workers' compensation programs and property insurance programs. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sums to the total of the same such amounts shown in the condensed consolidated statements of cash flows.
(in thousands)
March 31, 2020
 
December 31, 2019
Reconciliation of cash, cash equivalents, and restricted cash:
 
 
 
Cash and cash equivalents
$
392,674

 
$
240,227

Restricted cash
23,908

 
26,856

Long-term restricted cash
41,917

 
34,614

Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows
$
458,499

 
$
301,697