We purchase capital equipment and incur costs relating to construction of facilities, including tenant finishing allowances. Expenditures included in accounts payable and accrued expenses were as follows (in thousands):


	As of		As of
	March 31, 2026		March 31, 2025
Costs relating to construction included in accounts payable and accrued expenses	$	8,852	$	10,822

Interest paid, net of interest capitalized was as follows (in thousands):


	Three months ended
	March 31,
	2026		2025
Interest paid	$	24,965	$	22,798

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


	Three months ended
	March 31,
	2026		2025
Beginning of period:
Cash and cash equivalents	$	18,133	$	46,992
Restricted cash	35,395		—
Cash, cash equivalents, and restricted cash	$	53,528	$	46,992
End of period:
Cash and cash equivalents	$	207,403	$	10,156
Restricted cash	35,811		—
Cash, cash equivalents, and restricted cash	$	243,214	$	10,156

The following table summarizes cash, cash equivalents and restricted cash (in thousands) for the Operating Partnership:


	Three months ended
	March 31,
	2026		2025
Beginning of period:
Cash and cash equivalents	$	17,893	$	46,700
Restricted cash	35,395		—
Cash, cash equivalents, and restricted cash	$	53,288	$	46,700
End of period:
Cash and cash equivalents	$	206,890	$	10,005
Restricted cash	35,811		—
Cash, cash equivalents, and restricted cash	$	242,701	$	10,005