CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,414,471 and $1,373,950	$ 3,492,821	$ 3,493,549
RESTRICTED CASH	14,878	14,858
CASH AND CASH EQUIVALENTS	710,131	346,812
INTANGIBLE ASSETS - Net of accumulated amortization of $13,774 and $13,133	33,551	34,183
GOODWILL	45,192	45,192
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $1,941 and $2,749	15,427	14,020
DEFERRED TAX ASSETS	19,585	16,157
OTHER ASSETS	61,420	65,825
TOTAL ASSETS	4,393,005	4,030,596
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,584 and $10,993	617,170	618,338
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $34,233 and $35,702	2,015,767	2,014,298
Revolving credit facilities	399,765	0
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,130,000 shares issued and outstanding	7,130	7,130
Finance lease liabilities	3,707	3,379
Accounts payable and accrued liabilities	238,582	211,181
Total liabilities	3,282,121	2,854,326
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:
Common stock - $0.01 par value, 3,500,000,000 shares authorized, 177,466,325 and 179,483,397 shares issued and outstanding	1,775	1,795
Additional paid in capital	723,285	742,397
Retained earnings	(63,394)	(48,283)
Accumulated other comprehensive (loss) income	(512)	383
Total Extended Stay America, Inc. shareholders’ equity	661,154	696,292
Noncontrolling interests	449,730	479,978
Total equity	1,110,884	1,176,270
TOTAL LIABILITIES AND EQUITY	$ 4,393,005	$ 4,030,596