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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 136,495 $ 62,909
Accounts receivable, trade 3,123 5,235
Due from related parties (Notes 2 and 6) 1,525 1,196
Inventories 3,640 4,717
Prepaid expenses and other assets 6,299 7,243
Vessel held for sale (Note 3) 9,010 23,361
Total current assets 160,092 104,661
FIXED ASSETS:    
Vessels, net (Note 3) 690,819 716,178
Property and equipment, net (Note 4) 21,629 21,704
Total fixed assets 712,448 737,882
OTHER NON-CURRENT ASSETS:    
Restricted cash (Note 5) 18,500 20,000
Other non-current assets 499 719
Deferred charges, net (Note 3) 8,095 9,148
Total assets 899,634 872,410
CURRENT LIABILITIES:    
Current portion of long-term debt, net of deferred financing costs, current (Note 5) 41,082 39,217
Accounts payable, trade and other 9,078 8,558
Due to related parties (Note 2) 745 484
Accrued liabilities 7,508 10,488
Deferred revenue 3,890 2,842
Total current liabilities 62,303 61,589
Long-term debt, net of current portion and deferred financing costs, non-current (Note 5) 420,433 381,097
Other non-current liabilities 1,165 1,154
Commitments and contingencies (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock (Note 7(a)) 26 26
Common stock, $0.01 par value; 200,000,000 shares authorized and 91,535,002 and 89,275,002 issued and outstanding at June 30, 2021 and December 31, 2020, respectively (Note 7(b)) 915 893
Additional paid-in capital 1,008,669 1,020,164
Accumulated other comprehensive income 69 69
Accumulated deficit (593,946) (592,582)
Total stockholders' equity 415,733 428,570
Total liabilities and stockholders' equity $ 899,634 $ 872,410