The following table summarizes the Company’s supplemental cash flow information: | | | | | | | | | | | | | For the Six Months Ended June 30, | (in thousands) | 2025 | | 2024 | Supplemental disclosures: | | | | Cash paid for interest | $ | 36,890 | | | $ | 28,418 | | Cash paid for income taxes | 1,013 | | | 809 | | Non-cash activities: | | | | Issuance and conversion of OP Units to common stock (a) | 3,882 | | | 2,067 | | Dividends declared not yet paid | 58,451 | | | 58,028 | | Reclassifications from Property under development to Buildings and improvements upon substantial completion of development properties | 2,612 | | | — | |
(a)See Note 10.
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