SUPPLEMENTAL CASH FLOW INFORMATION

3 Months Ended

Mar. 31, 2020

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 4.               SUPPLEMENTAL CASH FLOW INFORMATION

For the three months ended March 31, 2020 and 2019, the Company paid interest expense of $11.4 million and $8.9 million, respectively. 

Cash and cash equivalents, and restricted cash for the three months ended March 31, 2020 and 2019 was $68.1 million and $80.1 million, respectively. The following is a reconciliation of the Company’s cash and cash equivalents, and restricted cash to the total presented in the consolidated statement of cash flows:

	For the Period Ended March 31,
	2020		2019
Cash and cash equivalents	$	39,922	$	28,156
Restricted cash (cash held in escrow)		14, 030		33,709
Restricted cash (certificate of deposits)		2,854		11,876
Restricted cash (held with Trustee)		11,274		6,398
Total cash, cash equivalents and restricted cash	$	68,080	$	80,139

Amounts included in restricted cash represent funds required to be set aside to meet contractual obligations with certain financial institutions for the payment of reserve replacement, tax and insurance escrow. In addition, restricted cash includes funds held with the Trustee for payment of bonds interest and other bond related expenses.