XML 24 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 17,456 $ 10,389
Accounts receivable, net of allowance for doubtful accounts of $1,292 and $1,246, respectively 16,066 18,044
Prepaid expenses and other assets 11,150 10,055
Total current assets 44,672 38,488
Property and equipment, net 427,873 302,680
Investment in joint venture 3,161 3,002
Intangible assets, net 26,333 27,978
Goodwill 50,209 50,209
Deposits and other assets 8,820 8,258
Total assets 561,068 430,615
Current liabilities:    
Accounts payable 20,757 20,875
Accrued liabilities 13,845 10,603
Deferred revenues 5,272 5,746
Capital lease obligations 11,392 10,030
Term loan, less discount and prepaid costs of $2,103 and $2,243, respectively 897 757
Exit activities and restructuring liability 5,212 3,177
Other current liabilities 2,571 3,171
Total current liabilities 59,946 54,359
Deferred revenues 4,918 5,144
Capital lease obligations 186,221 43,876
Revolving credit facility 0 35,500
Term loan, less discount and prepaid costs of $8,746 and $4,579, respectively 288,254 283,421
Exit activities and restructuring liability 2,416 1,526
Deferred rent 3,206 4,642
Deferred tax liability 1,404 1,513
Other long-term liabilities 4,196 4,358
Total liabilities 550,561 434,339
Commitments and contingencies (note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 20,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 200,000 shares authorized; 83,272 and 57,799 shares outstanding, respectively 84 58
Additional paid-in capital 1,324,692 1,283,332
Treasury stock, at cost, 1,161 and 1,073 shares, respectively (7,133) (6,923)
Accumulated deficit (1,305,894) (1,278,699)
Accumulated items of other comprehensive loss (1,242) (1,492)
Total stockholders’ equity 10,507 (3,724)
Total liabilities and stockholders’ equity $ 561,068 $ 430,615