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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 30,321 $ 45,596
Accounts receivable, net 2,216 1,221
Inventory 0 238
Prepaid corporate income taxes 13,563 1,505
Prepaid rent expense 9,153 0
Prepaid expenses and other current assets 12,894 10,274
Total current assets 68,147 58,834
Fixed assets, net 151,498 170,580
Goodwill 6,217 1,008
Intangible assets, net 5,134 135
Deferred membership costs 959 1,092
Other assets 4,716 4,229
Total assets 236,671 235,878
Current liabilities:    
Current portion of long-term debt 2,082 2,082
Accounts payable 2,247 2,477
Accrued expenses 24,669 25,907
Accrued interest 118 119
Capital lease liabilities 160 0
Deferred revenue 33,473 34,572
Total current liabilities 62,749 65,157
Long-term debt 193,947 194,743
Deferred lease liabilities 47,356 49,660
Deferred tax liabilities 93 61
Deferred revenue 351 440
Other liabilities 10,132 11,487
Total liabilities 314,628 321,548
Commitments and Contingencies (Note 16)
Stockholders’ deficit:    
Preferred stock, $0.001 par value; no shares issued and outstanding at both December 31, 2017 and December 31, 2016
Common stock, $0.001 par value; issued and outstanding 27,149,135 and 26,560,547 shares at December 31, 2017 and 2016, respectively 25 24
Additional paid-in capital (4,290) (6,261)
Accumulated other comprehensive income (loss) 1,201 (168)
Accumulated deficit (74,893) (79,265)
Total stockholders’ deficit (77,957) (85,670)
Total liabilities and stockholders’ deficit $ 236,671 $ 235,878