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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS:    
Property and equipment, net $ 4,045,466 $ 3,955,586
Cash and cash equivalents - unrestricted 498,371 591,833
Cash and cash equivalents - restricted 51,908 108,608
Notes receivable, net 61,892 61,760
Trade receivables, net 127,281 110,029
Deferred income tax assets, net 71,023 81,624
Prepaid expenses and other assets 163,786 154,810
Intangible assets, net 120,231 124,287
Total assets 5,139,958 5,188,537
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 3,373,383 3,377,028
Accounts payable and accrued liabilities 406,245 464,720
Distributions payable 67,734 67,932
Deferred management rights proceeds 165,121 165,174
Operating lease liabilities 130,411 129,122
Other liabilities 68,140 66,658
Total liabilities 4,211,034 4,270,634
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 362,603 345,126
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 59,890 and 59,712 shares issued and outstanding, respectively 599 597
Additional paid-in capital 1,483,479 1,502,710
Treasury stock of 668 and 668 shares, at cost (21,976) (20,508)
Distributions in excess of retained earnings (881,617) (894,259)
Accumulated other comprehensive loss (17,868) (19,387)
Total stockholders' equity 562,617 569,153
Noncontrolling interest in Operating Partnership 3,704 3,624
Total equity 566,321 572,777
Total liabilities and equity $ 5,139,958 $ 5,188,537