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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 149,933 $ 218,290
Restricted cash 2,079 5,755
Trade and other receivables, less allowance for credit losses of $1,516 as of December 31, 2020 and less allowance for doubtful accounts of $70 as of December 31, 2019 112,623 110,180
Due from affiliate, less allowance for credit losses of $71,800 as of December 31, 2020 and less due from affiliate allowance of $20,083 as of December 31, 2019 62,050 125,972
Marine operating supplies 15,876 21,856
Assets held for sale 34,396 39,287
Prepaid expenses and other current assets 11,692 15,956
Total current assets 388,649 537,296
Net properties and equipment 780,318 938,961
Deferred drydocking and survey costs 56,468 66,936
Other assets 25,742 36,335
Total assets 1,251,177 1,579,528
Current liabilities:    
Accounts payable 16,981 27,501
Accrued expenses 52,422 74,000
Due to affiliate 53,194 50,186
Current portion of long-term debt 27,797 9,890
Other current liabilities 32,785 24,100
Total current liabilities 183,179 185,677
Long-term debt 164,934 279,044
Other liabilities 79,792 98,397
Commitments and contingencies
Equity:    
Common stock of $0.001 par value, 125,000,000 shares authorized,40,704,984 and 39,941,327 shares issued and outstanding at December 31, 2020 and 2019, respectively 41 40
Additional paid-in capital 1,371,809 1,367,521
Accumulated deficit (548,931) (352,526)
Accumulated other comprehensive loss (804) (236)
Total stockholders’ equity 822,115 1,014,799
Noncontrolling interests 1,157 1,611
Total equity 823,272 1,016,410
Total liabilities and equity $ 1,251,177 $ 1,579,528