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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 33,818 $ 26,662
Restricted cash 1,620 1,631
Short-term investments 134 134
Accounts receivable, net of allowance of $4,285 and $4,627 27,738 34,354
Materials and supplies 7,745 8,900
Prepayments and other current assets 12,535 9,617
Total current assets 83,590 81,298
Property, plant and equipment 1,429,446 1,424,904
Less: accumulated depreciation and amortization (1,049,102) (1,042,546)
Property, plant and equipment, net 380,344 382,358
Operating lease right of use assets 80,394 80,991
Other assets 10,307 12,598
Total assets 554,635 557,245
Current liabilities:    
Current portion of long-term obligations 7,931 8,906
Accounts payable, accrued and other current liabilities 42,337 39,108
Advance billings and customer deposits 3,680 3,761
Operating lease liabilities - current 2,902 2,795
Total current liabilities 56,850 54,570
Long-term obligations, net of current portion 165,561 167,476
Deferred income taxes 4,550 4,403
Operating lease liabilities - noncurrent 78,207 78,767
Other long-term liabilities, net of current portion 80,606 78,520
Total liabilities 385,774 383,736
Commitments and contingencies
Alaska Communications stockholders' equity:    
Common stock, $.01 par value; 145,000 authorized; 54,561 issued and 53,561 outstanding at March 31, 2020; 54,085 issued and 53,085 outstanding at December 31, 2019 546 541
Treasury stock, 1,000 shares at cost (1,812) (1,812)
Additional paid in capital 161,709 161,844
Retained earnings 12,902 15,367
Accumulated other comprehensive loss (5,312) (3,277)
Total Alaska Communications stockholders' equity 168,033 172,663
Noncontrolling interest 828 846
Total stockholders' equity 168,861 173,509
Total liabilities and stockholders' equity $ 554,635 $ 557,245