Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 26,662,000	$ 13,351,000
Restricted cash	1,631,000	1,634,000
Short-term investments	134,000	134,000
Accounts receivable, net	34,354,000	31,472,000
Materials and supplies	8,900,000	6,737,000
Prepayments and other current assets	9,617,000	12,169,000
Total current assets	81,298,000	65,497,000
Property, plant and equipment	1,424,904,000	1,390,622,000
Less: accumulated depreciation and amortization	(1,042,546,000)	(1,017,442,000)
Property, plant and equipment, net	382,358,000	373,180,000
Deferred income taxes		498,000
Operating lease right of use assets	80,991,000
Other assets	12,598,000	16,010,000
Total assets	557,245,000	455,185,000
Current liabilities:
Current portion of long-term obligations	8,906,000	2,289,000
Accounts payable, accrued and other current liabilities	39,108,000	40,957,000
Advance billings and customer deposits	3,761,000	4,024,000
Operating lease liabilities - current	2,795,000
Total current liabilities	54,570,000	47,270,000
Long-term obligations, net of current portion	167,476,000	168,023,000
Deferred income taxes	4,403,000	2,315,000
Operating lease liabilities - noncurrent	78,767,000
Other long-term liabilities, net of current portion	78,520,000	67,827,000
Total liabilities	383,736,000	285,435,000
Commitments and contingencies
Alaska Communications stockholders' equity:
Common stock, $0.01 par value; 145,000 authorized; 54,085 issued and 53,085 outstanding at December 31, 2019; 53,268 issued and outstanding at December 31, 2018	541,000	533,000
Treasury stock	(1,812,000)
Additional paid in capital	161,844,000	160,514,000
Retained earnings	15,367,000	10,439,000
Accumulated other comprehensive loss	(3,277,000)	(2,675,000)
Total Alaska Communications stockholders' equity	172,663,000	168,811,000
Noncontrolling interest	846,000	939,000
Total stockholders' equity	173,509,000	169,750,000
Total liabilities and stockholders' equity	$ 557,245,000	$ 455,185,000