Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2021

The following table provides supplemental cash flow information (in thousands):


	Nine Months Ended September 30,
	2021		2020
Supplemental cash flow information:
Interest paid, net of capitalized interest	$	167,062	$	187,569
Income taxes paid (refunded)	4,258		261
Capitalized interest	17,022		20,570
Supplemental schedule of non-cash investing and financing activities:
Accrued construction costs	150,204		114,979
Vesting of restricted stock units and conversion of non-managing member units into common stock	907		4,729
Net noncash impact from the consolidation of previously unconsolidated joint ventures	—		323,138
Mortgages assumed with real estate acquisitions	—		215,335
Carrying value of mortgages assumed by buyer in real estate dispositions	143,676		—
Refundable entrance fees assumed with real estate acquisitions	—		307,954
Seller financing provided on disposition of real estate asset	559,745		12,480
Increase in ROU asset in exchange for new lease liability related to operating leases	15,329		24,984
Decrease in ROU asset with corresponding change in lease liability related to operating leases	8,410		—

See Note 3 for a discussion of the impact of the 2019 MTCA with Brookdale on the Company’s Consolidated Balance Sheets and statements of operations.

The following table summarizes certain cash flow information related to assets classified as discontinued operations (in thousands):


	Nine Months Ended September 30,
	2021		2020
Depreciation and amortization of real estate, in-place lease, and other intangibles	$	—	$	134,620
Development, redevelopment, and other major improvements of real estate	5,361		26,879
Leasing costs, tenant improvements, and recurring capital expenditures	2,609		9,137

The following table summarizes cash, cash equivalents and restricted cash (in thousands):


	Nine Months Ended September 30,
	2021		2020		2021		2020		2021		2020
	Continuing operations				Discontinued operations				Total
Beginning of period:
Cash and cash equivalents	$	44,226	$	80,398	$	53,085	$	63,834	$	97,311	$	144,232
Restricted cash	67,206		13,385		17,168		27,040		84,374		40,425
Cash, cash equivalents and restricted cash	$	111,432	$	93,783	$	70,253	$	90,874	$	181,685	$	184,657
End of period:
Cash and cash equivalents	$	201,099	$	139,797	$	14,005	$	57,322	$	215,104	$	197,119
Restricted cash	53,699		83,156		3		19,263		53,702		102,419
Cash, cash equivalents and restricted cash	$	254,798	$	222,953	$	14,008	$	76,585	$	268,806	$	299,538