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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net income (loss) $ (283,996) $ 42,390
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Goodwill impairment 379,863 0
Depreciation 41,884 30,924
Amortization of intangible assets 2,657 2,657
Share-based compensation expense 14,331 17,779
Change in debt discounts and deferred debt issuance costs 9,790 8,962
Deferred income taxes (48,318) 233
(Gain) loss on sale of property and equipment (1,799) 823
Changes in other components of working capital (7,148) (136,113)
Other long-term liabilities 3,979 (2,606)
Other,net 122 190
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 111,365 (34,761)
Cash Flows from Investing Activities:    
Acquisition of property and equipment (62,677) (64,411)
Proceeds from sale of property and equipment 4,300 5,462
Investment in securities (18,790) (13,841)
Proceeds from maturities and sales of investments in securities 11,078 14,302
NET CASH USED IN INVESTING ACTIVITIES (66,089) (58,488)
Cash Flows from Financing Activities:    
Proceeds from debt 649,139 1,502,177
Repayment of debt (583,039) (1,444,760)
Business acquisition related payment 0 (15,951)
Cash payments related to share-based compensation (2,363) (2,671)
Distributions paid to noncontrolling interests (21,500) (22,500)
Contributions from noncontrolling interests 6,519 1,000
Debt modification costs (504) 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 48,252 17,295
Net increase (decrease) in cash, cash equivalents and restricted cash 93,528 (75,954)
Cash, cash equivalents and restricted cash at beginning of period 119,863 197,648
Cash, cash equivalents and restricted cash at end of period $ 213,391 $ 121,694