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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS:    
Property and equipment, net $ 3,163,900 $ 3,171,708
Cash and cash equivalents - unrestricted 318,512 334,194
Cash and cash equivalents - restricted 95,113 110,136
Notes receivable, net 64,209 67,628
Trade receivables, net 147,215 116,836
Prepaid expenses and other assets 141,024 134,170
Intangible assets, net 104,706 105,951
Total assets 4,034,679 4,040,623
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 2,866,898 2,862,592
Accounts payable and accrued liabilities 332,068 385,159
Dividends payable 42,189 14,121
Deferred management rights proceeds 166,715 167,495
Operating lease liabilities 126,188 125,759
Deferred income tax liabilities, net 13,682 12,915
Other liabilities 66,909 64,824
Total liabilities 3,614,649 3,632,865
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 319,753 311,857
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 55,254 and 55,167 shares issued and outstanding, respectively 553 552
Additional paid-in capital 1,093,839 1,102,733
Treasury stock of 648 and 648 shares, at cost (18,467) (18,467)
Distributions in excess of retained earnings (959,199) (978,619)
Accumulated other comprehensive loss (17,215) (10,923)
Total stockholders' equity 99,511 95,276
Noncontrolling interest in Operating Partnership 766 625
Total equity 100,277 95,901
Total liabilities and equity $ 4,034,679 $ 4,040,623