DENBURY RESOURCES INC | 2013 | FY | 3


Note 13. Supplemental Cash Flow Information

Supplemental Cash Flow Information
 
 
Year Ended December 31,
In thousands
 
2013
 
2012
 
2011
Supplemental cash flow information:
 
 
 
 
 
 
Cash paid for interest, expensed
 
$
117,442

 
$
137,950

 
$
137,259

Cash paid for interest, capitalized
 
79,253

 
77,432

 
60,540

Cash paid for income taxes
 
28,895

 
99,194

 
45,912

Cash received from income tax refunds
 
(17,087
)
 
(38,004
)
 
(24,677
)
Noncash investing activities:
 
 
 
 

 
 

Increase in asset retirement obligations
 
26,946

 
56,290

 
24,694

Increase (decrease) in liabilities for capital expenditures
 
(18,321
)
 
(26,882
)
 
74,697

Increase in restricted cash (1)
 

 
1,262,559

 

Decrease in restricted cash (2)
 
1,050,328

 
212,544

 


(1)
During 2012, $212.5 million of proceeds from the sale of certain non-core assets in the Gulf Coast Region and $1.05 billion of the cash proceeds from the Bakken Exchange Transaction were paid by the respective purchaser directly to a qualified intermediary to facilitate a like-kind-exchange transaction for federal income tax purposes. See Note 2, Acquisitions and Divestitures, for additional details regarding these transactions.

(2)
During 2012 and 2013, proceeds from the sales of our oil and natural gas property dispositions in 2012, which were held by a qualified intermediary, were released in 2012 to fund the Thompson Field acquisition and in 2013 primarily to fund a portion of the CCA acquisition and certain post-closing costs under the Bakken Exchange Transaction. See Note 2, Acquisitions and Divestitures, for additional details regarding these transactions.

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