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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 236,894 $ 207,867
Restricted cash 137,986 50,222
Trade and other receivables 112,353 52,979
Inventory (note 12) 20,868 28,491
Advances against auction contracts 7,485 5,621
Prepaid expenses and deposits 15,114 19,005
Assets held for sale (note 13) 242 632
Income taxes receivable 15,091 13,181
Total Current Assets 546,033 377,998
Property, plant and equipment (note 14) 515,019 515,030
Equity-accounted investments (note 17) 7,197 7,326
Restricted cash (note 10) 500,000 500,000
Deferred debt issue costs 5,853 6,182
Other non-current assets 4,711 4,027
Intangible assets (note 15) 74,987 72,304
Goodwill (note 16) 98,065 97,537
Deferred tax assets 22,450 19,129
Total Assets 1,774,315 1,599,533
Current liabilities:    
Auction proceeds payable 278,195 98,873
Trade and other payables 115,434 124,694
Income taxes payable 1,378 5,355
Short-term debt (note 18) 24,616 23,912
Total Current Liabilities 419,623 252,834
Long-term debt (note 18) 596,438 595,706
Share unit liabilities 2,404 4,243
Other non-current liabilities 14,972 14,583
Deferred tax liabilities 39,691 36,387
Total Liabilities 1,073,128 903,753
Contingencies (note 21)
Contingently redeemable performance share units (note 20) 5,021 3,950
Share capital:    
Common shares; no par value, unlimited shares authorized, issued and outstanding shares: 106,954,951 (December 31, 2016: 106,822,001) 129,625 125,474
Additional paid-in capital 28,227 27,638
Retained earnings 593,212 601,071
Accumulated other comprehensive loss (59,690) (67,126)
Stockholders' equity 691,374 687,057
Non-controlling interest 4,792 4,773
Total Equity 696,166 691,830
Total Liabilities and Equity $ 1,774,315 $ 1,599,533