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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 65,518 $ 35,349
Restricted cash 37,175 17,900
Accounts receivable, net 4,331 7,241
Due from affiliates 307 357
Inventories 1,564 1,642
Prepaid expenses and other 6,158 7,212
Total current assets 116,273 77,292
Investments in unconsolidated entities 3,729 3,476
Property and equipment, net 108,122 116,190
Operating lease right-of-use assets 32,267 31,699
Goodwill 66,834 205,606
Intangible assets, net 285,745 347,961
Other assets 3,037 276
Total assets 616,007 782,500
Current liabilities:    
Accounts payable and accrued expenses 35,987 39,160
Dividends payable 11,877 4,725
Deferred income 10,303 233
Deferred compensation plan 24 35
Notes payable, net 57,411 3,550
Finance lease liabilities 578 572
Operating lease liabilities 3,632 3,207
Other liabilities 34,884 19,066
Total current liabilities 156,259 71,559
Deferred income 9,934 13,047
Deferred tax liability, net 51,560 69,521
Deferred compensation plan 2,002 4,694
Notes payable, net 4,559 33,033
Finance lease liabilities 42,845 41,482
Operating lease liabilities 28,664 28,519
Other liabilities 0 430
Total liabilities 295,823 262,285
Commitments and contingencies (note 9)
MEZZANINE EQUITY    
Redeemable noncontrolling interests 3,682 4,131
EQUITY (DEFICIT)    
Common stock, 100,000,000 shares authorized, $0.001 par value, 2,504,588 and 2,202,580 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 3 2
Additional paid-in capital 288,774 285,825
Accumulated deficit (447,649) (244,084)
Accumulated other comprehensive income (loss) (114) (216)
Treasury stock, at cost, 30,943 and 1,638 shares at June 30, 2020 and December 31, 2019, respectively (428) (131)
Total equity (deficit) of the Company (159,414) 41,396
Noncontrolling interests in consolidated entities 251 628
Total equity (deficit) (159,163) 42,024
Total liabilities and equity 616,007 782,500
Restricted Investments    
Current assets:    
Restricted investment 374 1,195
Series D Convertible Preferred Stock    
MEZZANINE EQUITY    
Series D Convertible Preferred Stock, $0.001 par value, 19,120,000 shares issued and outstanding, net of discount, as of June 30, 2020 and December 31, 2019 475,665 474,060
Ashford Trust    
Current assets:    
Due from related parties 0 4,805
Current liabilities:    
Due to affiliates 516 0
Braemar    
Current assets:    
Due from related parties $ 846 $ 1,591