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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 23,920 $ 13,351
Restricted cash 1,631 1,634
Short-term investments 134 134
Accounts receivable, net of allowance of $4,653 and $3,936 22,471 31,472
Materials and supplies 7,984 6,737
Prepayments and other current assets 10,674 12,169
Total current assets 66,814 65,497
Property, plant and equipment 1,405,566 1,390,622
Less: accumulated depreciation and amortization (1,029,094) (1,017,442)
Property, plant and equipment, net 376,472 373,180
Deferred income taxes 432 498
Operating lease right of use assets 80,458
Other assets 15,283 16,010
Total assets 539,459 455,185
Current liabilities:    
Current portion of long-term obligations 4,546 2,289
Accounts payable, accrued and other current liabilities 38,187 40,957
Advance billings and customer deposits 3,806 4,024
Operating lease liabilities - current 2,517
Total current liabilities 49,056 47,270
Long-term obligations, net of current portion 173,499 168,023
Deferred income taxes 2,348 2,315
Operating lease liabilities - noncurrent 77,937
Other long-term liabilities, net of current portion 66,815 67,827
Total liabilities 369,655 285,435
Commitments and contingencies
Common stock, $.01 par value; 145,000 authorized; 53,893 issued and 53,774 outstanding at June 30, 2019; 53,268 issued and outstanding at December 31, 2018 540 533
Treasury stock, 119 shares at cost (205)
Additional paid in capital 160,654 160,514
Retained earnings 10,701 10,439
Accumulated other comprehensive loss (2,772) (2,675)
Total Alaska Communications stockholders' equity 168,918 168,811
Noncontrolling interest 886 939
Total stockholders' equity 169,804 169,750
Total liabilities and stockholders' equity $ 539,459 $ 455,185