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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 11,293 $ 6,264
Restricted cash 2,047 2,043
Accounts receivable, net 36,286 39,452
Prepaid expenses and other current assets 7,739 4,228
Current assets from discontinued operations 348 6,839
Total current assets 57,713 58,826
Property and equipment, net 2,042 5,349
Intangible assets, net 499,158 599,967
Right-of-use assets - operating leases 49,600 50,320
Other assets 17,676 8,782
Total assets 626,189 723,244
Current Liabilities:    
Accounts payable and accrued expenses 15,678 15,721
Current portion of long-term debt 14,500 12,750
Current portion of deferred revenue 7,032 6,977
Current portion of lease liabilities - operating leases 3,040 3,035
Current liabilities from discontinued operations 775 1,959
Total current liabilities 41,025 40,442
Long-term debt, net of current portion 438,894 433,250
Long-term deferred revenue, net of current portion 3,699 4,604
Deferred income taxes 12,860 14,351
Lease liabilities - operating leases, net of current portion 53,401 54,168
Other long-term liabilities 4,431 3,389
Total liabilities 554,310 550,204
Commitments and contingencies
Equity:    
Preferred stock Series A, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at March 31, 2020 and December 31, 2019
Common stock, $0.01 par value; 150,000,000 shares authorized; 67,077,494 and 66,877,494 shares issued at March 31, 2020 and December 31, 2019, respectively, and 65,905,900 and 65,780,738 shares outstanding at March 31, 2020 and December 31, 2019, respectively 674 672
Additional paid-in capital 514,719 514,496
Accumulated other comprehensive loss (4,817) (4,096)
Accumulated deficit (480,739) (394,126)
Treasury stock, at cost; 1,171,594 and 1,096,756 shares at March 31, 2020 and December 31, 2019, respectively (3,260) (3,230)
Total Sequential Brands Group, Inc. and Subsidiaries stockholders' equity 26,577 113,716
Noncontrolling interests 45,302 59,324
Total equity 71,879 173,040
Total liabilities and equity $ 626,189 $ 723,244