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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS:    
Property and equipment, net (including $919,766 and $932,473 from VIEs, respectively) $ 3,102,335 $ 3,117,247
Cash and cash equivalents - unrestricted (including $5,378 and $14,441 from VIEs, respectively) 67,138 56,697
Cash and cash equivalents - restricted (including $16,820 and $4,167 from VIEs, respectively) 20,657 23,057
Notes receivable, net 70,515 71,923
Trade receivables, net (including $2,279 and $2,184 from VIEs, respectively) 18,283 20,106
Prepaid expenses and other assets (including $26,547 and $32,966 from VIEs, respectively) 105,697 100,494
Intangible assets, net (including $152,366 and $162,366 from VIEs, respectively) 156,925 166,971
Total assets 3,541,550 3,556,495
LIABILITIES AND EQUITY:    
Debt and finance lease obligations (including $794,953 and $794,416 from VIEs, respectively) 2,751,652 2,658,008
Accounts payable and accrued liabilities (including $54,566 and $59,573 from VIEs, respectively) 201,229 203,121
Dividends payable 344 843
Deferred management rights proceeds 171,948 172,724
Operating lease liabilities 108,057 107,569
Deferred income tax liabilities, net 4,446 665
Other liabilities (including $15,887 and $18,978 from VIEs, respectively) 92,945 92,779
Total liabilities 3,330,621 3,235,709
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 93,601 100,969
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 55,050 and 54,982 shares issued and outstanding, respectively 550 550
Additional paid-in capital 1,191,426 1,192,261
Treasury stock of 648 and 648 shares, at cost (18,467) (18,467)
Distributions in excess of retained earnings (1,016,953) (911,092)
Accumulated other comprehensive loss (51,851) (57,951)
Total stockholders' equity 104,705 205,301
Noncontrolling interest in Operating Partnership 12,623 14,516
Total equity 117,328 219,817
Total liabilities and equity $ 3,541,550 $ 3,556,495