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Consolidated Balance Sheets Variable Interest Entities (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 180,153 $ 153,425
Accounts receivable, net of allowances of $Nil and $Nil 34,373 25,775
Prepaid expenses and other 13,327 12,262
Inventories 23,092 23,931
Total current assets 266,828 229,388
Property, plant and equipment, net of accumulated depreciation of $42,676 and $35,902 1,168,044 1,074,676
Other assets 14,123 13,457
Total assets [1] 1,653,637 1,524,068
Liabilities    
Accounts payable 15,815 16,366
Accrued liabilities 79,455 69,046
Deferred revenue 32,786 31,350
Current portion of long-term debt and obligations under capital leases 6,407 5,284
Total current liabilities 134,463 122,046
Long-term debt and obligations under capital leases 700,752 585,768
Other liabilities 3,023 5,366
Total liabilities [1] 954,801 837,236
Variable interest entity, primary beneficiary    
Assets    
Cash and cash equivalents 1,530 2,233
Accounts receivable, net of allowances of $Nil and $Nil 3,623 3,066
Prepaid expenses and other 935 365
Inventories 1,360 1,296
Total current assets 7,448 6,960
Property, plant and equipment, net of accumulated depreciation of $42,676 and $35,902 197,369 201,861
Other assets 1,450 1,455
Total assets 206,267 210,276
Liabilities    
Accounts payable 4,518 4,558
Accrued liabilities 3,291 3,099
Deferred revenue 2,835 1,714
Current portion of long-term debt and obligations under capital leases 255 242
Total current liabilities 10,899 9,613
Long-term debt and obligations under capital leases 112,069 111,968
Other liabilities 0 40
Total liabilities $ 122,968 $ 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 December 31, 2017 and December 31, 2016 is Charleston Center LLC. These assets and liabilities at December 31, 2017 and December 31, 2016 are as follows: December 31, 2017 December 31, 2016 $’000 $’000 Assets Cash and cash equivalents 1,530 2,233Accounts receivable, net of allowances of $Nil and $Nil 3,623 3,066Prepaid expenses and other 935 365Inventories 1,360 1,296Total current assets 7,448 6,960 Property, plant and equipment, net of accumulated depreciation of $42,676 and $35,902 197,369 201,861Other assets 1,450 1,455Total assets 206,267 210,276 Liabilities Accounts payable 4,518 4,558Accrued liabilities 3,291 3,099Deferred revenue 2,835 1,714Current portion of long-term debt and obligations under capital leases 255 242Total current liabilities 10,899 9,613 Long-term debt and obligations under capital leases 112,069 111,968Other liabilities — 40Total liabilities 122,968 121,621See further description in Note 6, Variable interest entities.