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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 107,245 $ 21,524
Restricted cash 102 102
Accounts receivable, net 190 275
Prepaid expenses and other current assets 8,040 2,239
Assets held for sale   33,295
Total current assets 115,577 57,435
Restricted cash 60,682 674
Property and equipment, net 10,188 14,212
Equity method investment 11,400  
Other assets   27
Assets held for sale, net of current portion   9,135
Total assets 197,847 81,483
Current liabilities:    
Accounts payable, accrued expenses and other 23,983 29,369
Deferred rent 2,117 2,014
Accrued intraperiod tax allocation 6,613  
Income taxes payable 1,844  
Liabilities held for sale   56,839
Total current liabilities 34,557 88,222
Deferred rent, net of current portion 1,772 3,386
Long-term debt 49,884 216,861
Liabilities held for sale, net of current portion   25,673
Total liabilities 86,213 334,142
Commitments and contingencies (Note 10)
Non-controlling interest   (1,539)
Stockholders’ equity/(deficit):    
Preferred stock, $0.01 par value: 10,000 shares authorized at September 30, 2017 and December 31, 2016; no shares issued or outstanding at September 30, 2017 or December 31, 2016
Common stock, $0.01 par value: 20,000 shares authorized at September 30, 2017 and December 31, 2016; 13,274 and 13,020 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 1,328 1,302
Additional paid-in capital 580,126 702,377
Accumulated (deficit) (469,820) (954,799)
Total stockholders’ equity/(deficit) 111,634 (251,120)
Total liabilities, non-controlling interest and stockholders’ equity/(deficit) $ 197,847 $ 81,483