XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS:    
Property and equipment, net $ 3,178,104 $ 3,031,844
Cash and cash equivalents - unrestricted 224,696 140,688
Cash and cash equivalents - restricted 96,007 22,312
Notes receivable, net 66,261 71,228
Trade receivables, net 131,496 74,745
Prepaid expenses and other assets 143,517 112,904
Intangible assets, net 107,199 126,804
Total assets 3,947,280 3,580,525
LIABILITIES AND EQUITY (DEFICIT):    
Debt and finance lease obligations 2,863,081 2,936,819
Accounts payable and accrued liabilities 364,229 304,719
Dividends payable 5,685 386
Deferred management rights proceeds 168,274 170,614
Operating lease liabilities 115,258 113,770
Deferred income tax liabilities, net 9,216 4,671
Other liabilities 65,802 71,939
Total liabilities 3,591,545 3,602,918
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 303,849  
Equity (deficit):    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 55,163 and 55,072 shares issued and outstanding, respectively 552 551
Additional paid-in capital 1,104,189 1,112,867
Treasury stock of 648 and 648 shares, at cost (18,467) (18,467)
Distributions in excess of retained earnings (1,022,770) (1,088,105)
Accumulated other comprehensive loss (11,926) (29,080)
Total stockholders' equity (deficit) 51,578 (22,234)
Noncontrolling interest in Operating Partnership 308 (159)
Total equity (deficit) 51,886 (22,393)
Total liabilities and equity (deficit) $ 3,947,280 $ 3,580,525