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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 21,524,000 $ 185,606,000
Restricted cash 102,000 101,000
Accounts receivable, net 275,000 11,000
Prepaid expenses and other current assets 2,239,000 4,214,000
Assets held for sale 33,295,000 11,462,000
Total current assets 57,435,000 201,394,000
Restricted cash 674,000 584,000
Property and equipment, net 14,212,000 20,101,000
Other assets 27,000 27,000
Intangible assets, net 0 2,800,000
Long-term assets held for sale 9,135,000 9,974,000
Total assets 81,483,000 234,880,000
Current liabilities:    
Accounts payable, accrued expenses and other 28,670,000 36,739,000
Deferred rent 2,014,000 1,527,000
Liabilities held for sale 57,538,000 65,480,000
Total current liabilities 88,222,000 103,746,000
Deferred rent, net of current portion 3,386,000 4,926,000
Deferred tax incentives, net of current portion   1,045,000
Long-term debt, net of current portion 216,861,000 257,655,000
Long-term liabilities held for sale 25,673,000 51,197,000
Total liabilities 334,142,000 418,569,000
Commitments and contingencies
Non-controlling interest (1,539,000) 239,000
Stockholders’ deficit:    
Preferred stock, $0.01 par value: 10,000 shares authorized at December 31, 2016 and 2015; no shares issued or outstanding at December 31, 2016 or 2015
Common stock, $0.01 par value: 20,000 shares authorized at December 31, 2016 and 2015, 13,020 and 11,587 issued and outstanding at December 31, 2016 and 2015, respectively 1,302,000 1,159,000
Additional paid-in capital 702,377,000 617,145,000
Accumulated deficit (954,799,000) (802,232,000)
Total stockholders’ deficit (251,120,000) (183,928,000)
Total liabilities, non-controlling interest and stockholders’ deficit $ 81,483,000 $ 234,880,000