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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 636,447 $ 189,841
Restricted cash 23,168 1,206,653
Accounts receivable, net 129,847 145,695
Costs and estimated earnings in excess of billings on uncompleted contracts 26,840 19,198
Prepaid expenses and other current assets 117,014 417,333
Total current assets 933,316 1,978,720
Property and equipment, net 2,818,907 2,792,084
Intangible assets, net 2,403,046 2,388,707
Operating lease right-of-use assets, net 2,340,100 2,292,459
Acquired and other right-of-use assets, net 1,329,207 1,308,269
Other assets 618,341 657,097
Total assets 10,442,917 11,417,336
Current liabilities:    
Accounts payable 65,043 59,549
Accrued expenses 74,746 81,977
Current maturities of long-term debt 771,802 1,187,913
Deferred revenue 110,369 127,308
Accrued interest 34,699 62,239
Current lease liabilities 267,544 261,017
Other current liabilities 18,813 17,933
Total current liabilities 1,343,016 1,797,936
Long-term liabilities:    
Long-term debt, net 11,654,372 12,403,825
Long-term lease liabilities 1,947,414 1,903,439
Other long-term liabilities 406,214 367,942
Total long-term liabilities 14,008,000 14,675,206
Redeemable noncontrolling interests 62,604 54,132
Shareholders’ deficit:    
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding
Common stock - Class A, par value $0.01, 400,000 shares authorized, 108,028 shares and 107,561 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 1,080 1,076
Additional paid-in capital 2,991,050 2,975,455
Accumulated deficit (7,226,216) (7,326,189)
Accumulated other comprehensive loss, net (736,617) (760,280)
Total shareholders' deficit (4,970,703) (5,109,938)
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit $ 10,442,917 $ 11,417,336