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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash $ 131,976 $ 34,494
Restricted cash (Note 1) 16,758 0
Accounts receivable, net 91,678 102,150
Inventories 8,154 7,752
Prepaid expenses and other current assets 24,829 22,268
Income tax receivable 6,926 3,251
Current assets held for sale 49,197 50,099
Total current assets 329,518 220,014
Property and equipment, net of accumulated depreciation of $232,711 and $215,471, respectively 146,407 151,175
Operating lease right-of-use assets (Note 9) 135,078 133,899
Intangible assets, net of accumulated amortization of $25,502 and $25,087, respectively 24,078 24,486
Other long-term assets 26,009 18,608
Goodwill 538,609 538,609
Total assets 1,199,699 1,086,791
Liabilities and Equity    
Accounts payable 47,060 49,539
Accrued compensation and benefits 37,737 37,196
Accrued expenses and other current liabilities 173,614 37,593
Current portion of long-term debt 36,047 38,779
Current portion of operating lease liabilities (Note 9) 23,201 22,061
Current liabilities held for sale 4,210 5,767
Total current liabilities 321,869 190,935
Long-term debt, less current portion 549,100 548,835
Long-term operating lease liabilities, less current portion (Note 9) 124,058 123,792
Income tax receivable agreement payable 352 3,000
Other long-term liabilities 10,876 6,501
Deferred tax liabilities 3,964 2,706
Total liabilities 1,010,219 875,769
Commitments and contingencies (Note 14 and Note 15)
Noncontrolling interests subject to put provisions 110,405 126,483
Equity:    
Common stock, $0.01 par value; 300,000,000 shares authorized; 34,488,565 and 32,976,416 issued and outstanding at June 30, 2020 and December 31, 2019, respectively 208 197
Additional paid-in capital 111,884 100,744
Receivable from noncontrolling interests (2,301) (531)
Accumulated deficit (184,680) (178,241)
Accumulated other comprehensive loss, net of tax (2,389) (1,619)
Total American Renal Associates Holdings, Inc. deficit (77,278) (79,450)
Noncontrolling interests not subject to put provisions 156,353 163,989
Total equity 79,075 84,539
Total liabilities and equity $ 1,199,699 $ 1,086,791