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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 17,823 $ 14,603
Accounts receivable, net of allowance for doubtful accounts of $1,547 and $1,487, respectively 20,054 17,794
Contract assets 8,844 0
Prepaid expenses and other assets 7,377 8,673
Total current assets 54,098 41,070
Property and equipment, net 478,061 458,565
Intangible assets, net 73,042 25,666
Goodwill 116,217 50,209
Contract assets 16,104 0
Deposits and other assets 7,409 11,015
Total assets 744,931 586,525
Current liabilities:    
Accounts payable 23,435 20,388
Accrued liabilities 15,540 15,908
Deferred revenues 8,022 4,861
Capital lease obligations 9,080 11,711
Revolving credit facility 0 5,000
Term loan, less discount and prepaid costs of $4,036 and $2,133, respectively 321 867
Exit activities and restructuring liability 2,526 4,152
Other current liabilities 1,063 1,707
Total current liabilities 59,987 64,594
Deferred revenues 511 4,761
Capital lease obligations 262,382 223,749
Term loan, less discount and prepaid costs of $9,508 and $7,655, respectively 415,278 287,845
Exit activities and restructuring liability 75 664
Deferred rent 957 1,310
Deferred tax liability 2,211 1,651
Other long-term liabilities 3,473 2,983
Total liabilities 744,874 587,557
Commitments and contingencies (Note 10)
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 30,000 shares authorized; 25,455 and 20,804 shares outstanding, respectively 25 21
Additional paid-in capital 1,368,968 1,327,084
Treasury stock, at cost, 330 and 293 shares, respectively (7,646) (7,159)
Accumulated deficit (1,363,019) (1,323,723)
Accumulated items of other comprehensive loss (1,065) (1,324)
Total INAP stockholders' deficit (2,737) (5,101)
Non-controlling interest 2,794 4,069
Total stockholders' equity (deficit) 57 (1,032)
Total liabilities and stockholders' equity (deficit) $ 744,931 $ 586,525