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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 378,766 $ 479,598
Receivables, net of allowance for doubtful accounts of $4,098 and $3,161 106,442 106,837
Prepaid expenses 73,961 62,971
Other current assets 50,065 28,252
Total current assets 609,234 677,658
Property and equipment, net 5,215,777 6,868,768
Investment in and advances to unconsolidated affiliates 127,219 128,488
Goodwill 1,354,127 1,228,422
Other intangible assets, net 2,110,863 1,856,868
Deferred income taxes 0 80,612
Operating lease right-of-use assets 4,458,257 0
Finance lease right-of-use assets 224,641 0
Other assets 109,107 120,196
Total assets 14,209,225 10,961,012
Current liabilities    
Accounts payable 28,350 30,551
Current maturities of long-term debt 62,505 62,140
Current portion of financing obligations 49,890 67,777
Current portion of operating lease liabilities 123,797 0
Current portion of finance lease liabilities 6,214 0
Accrued expenses and other current liabilities 589,750 577,968
Total current liabilities 860,506 738,436
Long-term debt, net of current maturities and debt issuance costs 2,489,613 2,350,088
Long-term portion of financing obligations 4,119,159 7,080,638
Long-term portion of operating lease liabilities 4,317,349 0
Long-term portion of finance lease liabilities 219,475 0
Deferred income taxes 249,318 0
Other noncurrent liabilities 62,097 60,629
Total liabilities 12,317,517 10,229,791
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock ($0.01 par value, 200,000,000 shares authorized, 118,037,162 and 118,855,201 shares issued, and 115,869,769 and 116,687,808 shares outstanding) 1,176 1,188
Treasury stock, at cost, (2,167,393 shares held in both periods) (28,414) (28,414)
Additional paid-in capital 1,708,904 1,726,401
Retained earnings (accumulated deficit) 210,242 (967,949)
Total Penn stockholders’ equity 1,891,908 731,226
Non-controlling interest (200) (5)
Total stockholders’ equity 1,891,708 731,221
Total liabilities and stockholders’ equity 14,209,225 10,961,012
Series B Preferred stock ($0.01 par value, 1,000,000 shares authorized, no shares issued and outstanding)    
Stockholders’ equity    
Preferred stock 0 0
Series C Preferred stock ($0.01 par value, 18,500 shares authorized, no shares issued and outstanding)    
Stockholders’ equity    
Preferred stock $ 0 $ 0