CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 2,595	$ 3,134
Accounts receivable, net of allowance of $1,781 and $1,864, respectively	109,244	111,746
Inventory	94,087	93,801
Other current assets	6,290	6,081
Current assets associated with discontinued operations	254	923
Total current assets	212,470	215,685
Property, plant and equipment, net	2,083,355	2,079,099
Intangible assets, net	77,716	86,697
Other long-term assets	25,925	13,224
Long-term assets associated with discontinued operations	19,053	20,074
Total assets	2,418,519	2,414,779
Current liabilities:
Accounts payable, trade	47,647	32,529
Accrued liabilities	66,678	69,639
Deferred revenue	3,968	3,451
Current liabilities associated with discontinued operations	297	909
Total current liabilities	118,590	106,528
Long-term Debt	1,442,652	1,441,724
Deferred income taxes	150,706	167,114
Other long-term liabilities	20,142	7,910
Long-term liabilities associated with discontinued operations	6,575	6,575
Total liabilities	1,738,665	1,729,851
Commitments and contingencies (Note 15)
Equity:
Preferred stock, $0.01 par value per share; 50,000,000 shares authorized; zero issued	0	0
Common stock, $0.01 par value per share; 250,000,000 shares authorized; 76,759,965 and 76,162,279 shares issued, respectively	768	762
Additional paid-in capital	3,070,880	3,021,040
Accumulated other comprehensive loss	(936)	(1,678)
Accumulated deficit	(2,261,497)	(2,227,214)
Treasury stock — 5,852,458 and 5,626,074 common shares, at cost, respectively	(76,124)	(73,944)
Total Archrock stockholders’ equity	733,091	718,966
Noncontrolling interest	(53,237)	(34,038)
Total equity	679,854	684,928
Total liabilities and equity	$ 2,418,519	$ 2,414,779

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).