Condensed Consolidated Balance Sheets (unaudited) - Variable Interest Entities (Parenthetical) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents		$ 130,953	$ 153,425
Accounts receivable, net of allowances of $Nil and $Nil		28,703	25,775
Prepaid expenses and other		14,600	12,262
Inventories		23,977	23,931
Total current assets		220,721	229,388
Property, plant and equipment, net of accumulated depreciation of $37,535 and $35,902		1,089,083	1,074,676
Other assets		12,950	13,457
Total assets	[1]	1,527,869	1,524,068
Liabilities
Accounts payable		13,201	16,366
Accrued liabilities		70,862	69,046
Deferred revenue		46,894	31,350
Current portion of long-term debt and obligations under capital leases		5,307	5,284
Total current liabilities		136,264	122,046
Long-term debt and obligations under capital leases		587,101	585,768
Other liabilities		4,816	5,366
Total liabilities		843,575	837,236
Variable Interest Entity, Primary Beneficiary
Assets
Cash and cash equivalents		719	2,233
Accounts receivable, net of allowances of $Nil and $Nil		3,314	3,066
Prepaid expenses and other		1,052	365
Inventories		1,292	1,296
Total current assets		6,377	6,960
Property, plant and equipment, net of accumulated depreciation of $37,535 and $35,902		200,864	201,861
Other assets		1,393	1,455
Total assets		208,634	210,276
Liabilities
Accounts payable		1,880	4,558
Accrued liabilities		3,254	3,099
Deferred revenue		3,283	1,714
Current portion of long-term debt and obligations under capital leases		245	242
Total current liabilities		8,662	9,613
Long-term debt and obligations under capital leases		111,935	111,968
Other liabilities		0	40
Total liabilities		$ 120,597	$ 121,621

[1] Included in Belmond Ltd.’s consolidated assets and liabilities are assets of consolidated variable interest entities (“consolidated VIEs”) that can only be used to settle obligations of the consolidated VIEs and liabilities of consolidated VIEs whose creditors have no recourse to Belmond Ltd. The Company’s only consolidated VIE at March 31, 2017 and December 31, 2016 is Charleston Center LLC. These assets and liabilities at March 31, 2017 and December 31, 2016 are as follows: March 31, 2017 December 31, 2016 $’000 $’000 Assets Cash and cash equivalents 719 2,233Accounts receivable, net of allowances of $Nil and $Nil 3,314 3,066Prepaid expenses and other 1,052 365Inventories 1,292 1,296Total current assets 6,377 6,960 Property, plant and equipment, net of accumulated depreciation of $37,535 and $35,902 200,864 201,861Other assets 1,393 1,455Total assets 208,634 210,276 Liabilities Accounts payable 1,880 4,558Accrued liabilities 3,254 3,099Deferred revenue 3,283 1,714Current portion of long-term debt and obligations under capital leases 245 242Total current liabilities 8,662 9,613 Long-term debt and obligations under capital leases 111,935 111,968Other liabilities — 40Total liabilities 120,597 121,621See further description in note 4, Variable interest entities.