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Condensed Consolidated Statements of Cash Flows - Supplemental Information
9 Months Ended
Sep. 30, 2020
Supplemental Cash Flow Elements [Abstract]  
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - SUPPLEMENTAL INFORMATION 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, 2020 and 2019 is as follows (in thousands):
20202019
Interest paid$56,761 $39,592 
Non-Cash Activity:
Transfers from projects under development to operating properties
443,932 — 
Common stock dividends declared and accrued
44,569 42,567 
Transfer from land held and other assets to projects under development
29,121 — 
Change in accrued property, acquisition, development, and tenant expenditures
35,707 22,599 
Non-cash assets and liabilities assumed in TIER transaction
 1,512,373 
Ground lease right-of-use assets and associated liabilities
 56,294 
Non-cash consideration for property acquisition
 10,071 

The following table provides a reconciliation of cash, cash equivalents, and restricted cash recorded on the condensed consolidated balance sheets to cash, cash equivalents, and restricted cash in the condensed consolidated statements of cash flows (in thousands):
September 30, 2020December 31, 2019
Cash and cash equivalents$36,872 $15,603 
Restricted cash1,847 2,005 
Total cash, cash equivalents, and restricted cash$38,719 $17,608