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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS:    
Property and equipment, net $ 3,928,921 $ 3,171,708
Cash and cash equivalents - unrestricted 543,076 334,194
Cash and cash equivalents - restricted 112,904 110,136
Notes receivable, net 60,512 67,628
Trade receivables, net 118,345 116,836
Prepaid expenses and other assets 173,642 134,170
Intangible assets, net 126,433 105,951
Total assets 5,063,833 4,040,623
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 3,374,787 2,862,592
Accounts payable and accrued liabilities 438,265 385,159
Dividends payable 61,381 14,121
Deferred management rights proceeds 165,632 167,495
Operating lease liabilities 129,037 125,759
Deferred income tax liabilities, net 17,810 12,915
Other liabilities 66,474 64,824
Total liabilities 4,253,386 3,632,865
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 336,388 311,857
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 59,708 and 55,167 shares issued and outstanding, respectively 597 552
Additional paid-in capital 1,480,501 1,102,733
Treasury stock of 648 and 648 shares, at cost (18,467) (18,467)
Distributions in excess of retained earnings (971,995) (978,619)
Accumulated other comprehensive loss (19,692) (10,923)
Total stockholders' equity 470,944 95,276
Noncontrolling interest in Operating Partnership 3,115 625
Total equity 474,059 95,901
Total liabilities and equity $ 5,063,833 $ 4,040,623