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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Property and equipment, net $ 1,710,972 $ 1,732,154
Operating lease right-of-use assets, net 74,722 0
Intangible assets, net 31,278 34,678
Cash and cash equivalents 46,239 71,259
Restricted cash 35,748 31,614
Accounts receivable, net of allowance for doubtful accounts of $104 and $83, respectively 28,363 18,360
Prepaid expenses and other assets 19,955 21,012
Total assets 1,947,277 1,909,077
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Long-term debt 745,547 751,389
Operating lease liabilities 71,793 0
Accounts payable and accrued expenses 68,895 72,555
Other liabilities 32,251 31,155
Total liabilities 918,486 855,099
Commitments and contingencies (Note 12)
Preferred shares, $.01 par value; 100,000,000 shares authorized; no shares issued and outstanding, respectively 0 0
Common shares, $.01 par value; 400,000,000 shares authorized; 60,765,796 shares and 60,263,670 shares issued and outstanding, respectively 608 603
Additional paid-in capital 1,196,084 1,193,455
Cumulative dividends in excess of net income (166,460) (144,341)
Accumulated other comprehensive income (loss) (1,441) 4,261
Total shareholders’ equity 1,028,791 1,053,978
Total liabilities and shareholders’ equity $ 1,947,277 $ 1,909,077