Table:
|  |  | December 31, |  |  |
| --- | --- | --- | --- | --- |
| Selected Consolidated Balance Sheet Data: | 2019 | 2018 | 2017 | 2016 |
| Cash and cash equivalents | $195,760 | $303,390 | $224,614 | $185,243 |
| Restricted cash | 250,081 | 155,109 | 129,224 | 42,871 |
| Loan receivables held for sale, net | 51,926 | 2,876 | 73,606 | 41,268 |
| Deferred tax assets, net | 364,841 | 306,979 | — | — |
| Total assets | 951,048 | 802,905 | 462,889 | 302,205 |
| Finance charge reversal liability | 206,035 | 138,589 | 94,148 | 68,064 |
| Term loan | 384,497 | 386,822 | 338,263 | — |
| Tax receivable agreement liability | 311,670 | 260,901 | — | — |
| Total liabilities | 1,005,991 | 837,670 | 488,928 | 89,995 |
| Total temporary equity | — | — | 430,348 | 335,720 |
| Noncontrolling interest | (80,758) | (60,349) | — | — |
| Total permanent equity (deficit) | (54,943) | (34,765) | (456,387) | (123,510) |
| Total liabilities, temporary equity and permanent equity (deficit) | 951,048 | 802,905 | 462,889 | 302,205 |
Paragraphs:
ITEM 6. SELECTED FINANCIAL DATA (Dollars in thousands, except per share data and unless otherwise indicated)
The Selected Consolidated Statements of Operations Data for the years ended December 31, 2019, 2018 and 2017 and the Selected Consolidated Balance Sheet Data as of December 31, 2019 and 2018 were derived from our Consolidated Financial Statements included in Item 8 of this Form 10-K. The Selected Consolidated Statements of Operations Data for the years ended December 31, 2016 and 2015 and the Selected Consolidated Balance Sheet Data as of December 31, 2017 and 2016 were derived from our audited Consolidated Financial Statements not included in this Form 10-K. Our historical results are not necessarily indicative of the results to be expected in the future. You should read the following financial information together with the information under Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements and related notes included in Item 8.
GS Holdings and GSLLC are our predecessors for accounting purposes and, accordingly, amounts prior to the Reorganization Transactions and IPO represent the historical consolidated operations of either GS Holdings or GSLLC and its subsidiaries. The amounts as of December 31, 2019 and 2018 and during the period from May 24, 2018 through December 31, 2019 represent those of consolidated GreenSky, Inc. and its subsidiaries. Prior to the Reorganization Transactions and IPO, GreenSky, Inc. did not engage in any business or other activities except in connection with its formation and initial capitalization. See Note 1 to the Notes to Consolidated Financial Statements in Item 8 for further information on our organization.
Question:
What was the change in Cash and cash equivalents between 2016 and 2017?
Answer: 224614-185243 = 39371