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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 26,372 $ 30,873
Accounts receivable, less allowance for doubtful accounts of $2,066 and $1,879 438,648 395,200
Expenditures billable to clients 46,663 42,369
Assets held for sale 11,861 78,913
Other current assets 44,689 42,499
Total Current Assets 568,233 589,854
Fixed assets, at cost, less accumulated depreciation of $133,879 and $128,546 85,456 88,189
Right of use assets - operating leases 246,643 0
Investment in non-consolidated affiliates 6,586 6,556
Goodwill 742,775 740,955
Other intangible assets, net, less accumulated amortization of $164,347 and $161,868 64,858 67,765
Deferred tax assets 92,439 92,741
Other assets 26,129 25,513
Total Assets 1,833,119 1,611,573
Current Liabilities:    
Accounts payable 214,694 221,995
Accruals and other liabilities 251,300 313,141
Liabilities held for sale 11,218 35,967
Advance billings 171,151 138,505
Current portion of lease liabilities - operating leases 44,129 0
Current portion of deferred acquisition consideration 36,521 32,928
Total Current Liabilities 729,013 742,536
Long-term debt 919,050 954,107
Long-term portion of deferred acquisition consideration 39,862 50,767
Long-term lease liabilities - operating leases 248,609 0
Other Liabilities 17,523 54,255
Deferred tax liabilities 5,329 5,329
Total Liabilities 1,959,386 1,806,994
Redeemable Noncontrolling Interests 48,006 51,546
Commitments, Contingencies and Guarantees (Note 13)
Shareholders' Deficit:    
Convertible preference shares, 145,000 authorized, issued and outstanding at March 31, 2019 and 95,000 at December 31, 2018 152,117 90,123
Common stock and other paid-in capital 98,693 58,579
Accumulated deficit (465,016) (464,903)
Accumulated other comprehensive (loss) income (290) 4,720
MDC Partners Inc. Shareholders' Deficit (214,496) (311,481)
Noncontrolling Interests 40,223 64,514
Total Shareholders' Deficit (174,273) (246,967)
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit $ 1,833,119 $ 1,611,573