THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
CONSOLIDATED STATEMENTS OF CASH FLOWS – CONTINUED
Years ended December 31, 2018 and 2017 _________
2018
2017
SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest, net of amount capitalized
$
18,352,886
$
10,722,467
SIGNIFICANT NONCASH INVESTING AND FINANCING ACTIVITIES: Equity (deficit) transfer in
$
346,630
$
(54,316,992)
Accounts payable and accrued expenses, relating to construction costs included in land buildings, improvements and equipment
$
9,277,458
$
11,263,404
Noncash capital contribution - reclassification of developer fee payable
$
1,085,434
$
-
Cash and cash equivalents
$
37,293,851
$
44,889,762
Restricted cash
1,662,526
734,448
$
38,956,377
$
45,624,210
See notes to consolidated financial statements
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