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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS:    
Property and equipment, net $ 3,931,077 $ 3,171,708
Cash and cash equivalents - unrestricted 508,344 334,194
Cash and cash equivalents - restricted 105,565 110,136
Notes receivable, net 65,532 67,628
Trade receivables, net 105,209 116,836
Prepaid expenses and other assets 146,359 134,170
Intangible assets, net 128,569 105,951
Total assets 4,990,655 4,040,623
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 3,380,063 2,862,592
Accounts payable and accrued liabilities 347,087 385,159
Dividends payable 60,972 14,121
Deferred management rights proceeds 165,935 167,495
Operating lease liabilities 127,687 125,759
Deferred income tax liabilities, net 16,346 12,915
Other liabilities 66,200 64,824
Total liabilities 4,164,290 3,632,865
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 327,649 311,857
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 59,692 and 55,167 shares issued and outstanding, respectively 597 552
Additional paid-in capital 1,488,329 1,102,733
Treasury stock of 648 and 648 shares, at cost (18,467) (18,467)
Distributions in excess of retained earnings (952,941) (978,619)
Accumulated other comprehensive loss (19,639) (10,923)
Total stockholders' equity 497,879 95,276
Noncontrolling interest in Operating Partnership 837 625
Total equity 498,716 95,901
Total liabilities and equity $ 4,990,655 $ 4,040,623