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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 424,612 $ 90,447
Short-term investments, net 123,262 160,034
Accounts receivable (net of allowance for doubtful accounts and returns of $2,311 and $818, respectively) 120,305 124,771
Inventory, net 7,453 8,252
Prepaid expenses and other current assets 25,748 20,806
Total current assets 701,380 404,310
PROPERTY AND EQUIPMENT, NET 168,999 174,752
FINANCE LEASE RIGHT-OF-USE ASSETS, NET 313,201 289,932
OPERATING LEASE RIGHT-OF-USE ASSETS, NET 15,731 20,811
CONTENT PRODUCTION ASSETS, NET 19,570 20,045
INVESTMENT SECURITIES 24,663 28,106
DEFERRED INCOME TAX ASSETS, NET 4,546 7,217
OTHER ASSETS, NET 47,036 47,060
TOTAL ASSETS 1,295,126 992,233
CURRENT LIABILITIES:    
Current portion of long-term debt 201,211 3,613
Finance lease liabilities 8,228 7,945
Operating lease liabilities 4,117 6,586
Convertible debt 191,641 188,667
Accounts payable and accrued expenses 75,099 80,592
Deferred income 64,048 56,941
Total current liabilities 544,344 344,344
LONG-TERM DEBT 21,899 22,098
FINANCE LEASE LIABILITIES 371,303 335,465
OPERATING LEASE LIABILITIES 11,636 14,571
OTHER NON-CURRENT LIABILITIES 489 429
Total liabilities 949,671 716,907
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:    
Additional paid-in capital 424,202 405,353
Accumulated other comprehensive income 2,764 2,864
Accumulated deficit (82,285) (133,664)
Total stockholders' equity 345,455 275,326
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 1,295,126 992,233
Common Class A [Member]    
STOCKHOLDERS’ EQUITY:    
Common stock 463 462
Common Class B [Member]    
STOCKHOLDERS’ EQUITY:    
Common stock $ 311 $ 311