Condensed Consolidated Statements of Cash Flows - Supplemental Information

9 Months Ended

Sep. 30, 2019

Supplemental Cash Flow Elements [Abstract]

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - SUPPLEMENTAL INFORMATION

Supplemental information related to the cash flows, including significant non-cash activity affecting the condensed consolidated statement of cash flows, for the nine months ended September 30, 2019 and 2018 is as follows (in thousands):

	2019		2018
Interest paid	$	39,592	$	31,601
Non-Cash Transactions:
Non-cash assets and liabilities assumed in TIER transaction	1,512,373		—
Ground lease right-of-use assets and associated liabilities	56,294		—
Common stock dividends declared and accrued	42,567		27,364
Change in accrued property, acquisition, development, and tenant expenditures	22,599		21,920
Non-cash consideration for property acquisition	10,071		—
Transfers from projects under development to operating properties	—		212,628
Cumulative effect of change in accounting principle	—		22,329
Transfer from investment in unconsolidated joint venture to projects under development	—		7,025

The following table provides a reconciliation of cash, cash equivalents, and restricted cash recorded on the balance sheets to cash, cash equivalents, and restricted cash in the statements of cash flows (in thousands):

	September 30, 2019		December 31, 2018
Cash and cash equivalents	$	12,396	$	2,547
Restricted cash	2,268		148
Total cash, cash equivalents, and restricted cash	$	14,664	$	2,695