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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS:    
Property and equipment, net $ 4,092,234 $ 3,955,586
Cash and cash equivalents - unrestricted 534,931 591,833
Cash and cash equivalents - restricted 36,000 108,608
Notes receivable, net 56,635 61,760
Trade receivables, net 107,302 110,029
Deferred income tax assets, net 70,055 81,624
Prepaid expenses and other assets 189,084 154,810
Intangible assets, net 118,253 124,287
Total assets 5,204,494 5,188,537
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 3,373,442 3,377,028
Accounts payable and accrued liabilities 472,722 464,720
Distributions payable 68,005 67,932
Deferred management rights proceeds 164,860 165,174
Operating lease liabilities 130,289 129,122
Other liabilities 67,367 66,658
Total liabilities 4,276,685 4,270,634
Commitments and contingencies
Noncontrolling interest in consolidated joint venture 372,274 345,126
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 59,901 and 59,712 shares issued and outstanding, respectively 599 597
Additional paid-in capital 1,478,406 1,502,710
Treasury stock of 689 and 668 shares, at cost (22,766) (20,508)
Distributions in excess of retained earnings (888,144) (894,259)
Accumulated other comprehensive loss (16,219) (19,387)
Total stockholders' equity 551,876 569,153
Noncontrolling interest in Operating Partnership 3,659 3,624
Total equity 555,535 572,777
Total liabilities and equity $ 5,204,494 $ 5,188,537