XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS:    
Property and equipment, net $ 3,988,172 $ 3,955,586
Cash and cash equivalents - unrestricted 465,311 591,833
Cash and cash equivalents - restricted 81,571 108,608
Notes receivable, net 60,645 61,760
Trade receivables, net 125,613 110,029
Deferred income tax assets, net 82,145 81,624
Prepaid expenses and other assets 163,572 154,810
Intangible assets, net 122,270 124,287
Total assets 5,089,299 5,188,537
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 3,377,814 3,377,028
Accounts payable and accrued liabilities 394,299 464,720
Distributions payable 67,407 67,932
Deferred management rights proceeds 165,070 165,174
Operating lease liabilities 130,180 129,122
Other liabilities 67,257 66,658
Total liabilities 4,202,027 4,270,634
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 353,865 345,126
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 59,890 and 59,712 shares issued and outstanding, respectively 599 597
Additional paid-in capital 1,485,360 1,502,710
Treasury stock of 668 and 668 shares, at cost (20,508) (20,508)
Distributions in excess of retained earnings (917,538) (894,259)
Accumulated other comprehensive loss (17,979) (19,387)
Total stockholders' equity 529,934 569,153
Noncontrolling interest in Operating Partnership 3,473 3,624
Total equity 533,407 572,777
Total liabilities and equity $ 5,089,299 $ 5,188,537