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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 275,275 $ 189,841
Restricted cash 20,757 1,206,653
Accounts receivable, net 139,890 145,695
Costs and estimated earnings in excess of billings on uncompleted contracts 46,811 19,198
Prepaid expenses and other current assets 41,075 417,333
Total current assets 523,808 1,978,720
Property and equipment, net 3,258,183 2,792,084
Intangible assets, net 2,579,806 2,388,707
Operating lease right-of-use assets, net 2,419,435 2,292,459
Acquired and other right-of-use assets, net 1,343,508 1,308,269
Other assets 641,647 657,097
Total assets 10,766,387 11,417,336
Current liabilities:    
Accounts payable 60,820 59,549
Accrued expenses 86,085 81,977
Current maturities of long-term debt 772,181 1,187,913
Deferred revenue 125,371 127,308
Accrued interest 75,102 62,239
Current lease liabilities 289,465 261,017
Other current liabilities 20,681 17,933
Total current liabilities 1,429,705 1,797,936
Long-term liabilities:    
Long-term debt, net 11,739,364 12,403,825
Long-term lease liabilities 2,004,715 1,903,439
Other long-term liabilities 466,341 367,942
Total long-term liabilities 14,210,420 14,675,206
Redeemable noncontrolling interests 65,157 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, 107,487 shares and 107,561 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 1,075 1,076
Additional paid-in capital 3,022,684 2,975,455
Accumulated deficit (7,251,106) (7,326,189)
Accumulated other comprehensive loss, net (711,548) (760,280)
Total shareholders' deficit (4,938,895) (5,109,938)
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit $ 10,766,387 $ 11,417,336