XML 17 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 131,157 $ 149,933
Restricted cash 20,284 2,079
Trade and other receivables, less allowance for credit losses of $2,099 and $1,516 at June 30, 2021 and December 31, 2020, respectively 90,229 112,623
Due from affiliates, less allowance for credit losses of $70,695 and $71,800 at June 30, 2021 and December 31, 2020, respectively 64,922 62,050
Marine operating supplies 15,404 15,876
Assets held for sale 17,214 34,396
Prepaid expenses and other current assets 15,953 11,692
Total current assets 355,163 388,649
Net properties and equipment 731,659 780,318
Deferred drydocking and survey costs 40,372 56,468
Other assets 24,539 25,742
Total assets 1,151,733 1,251,177
Current liabilities:    
Accounts payable 16,189 16,981
Accrued expenses 50,532 52,422
Due to affiliates 59,759 53,194
Current portion of long-term debt 7,355 27,797
Other current liabilities 28,825 32,785
Total current liabilities 162,660 183,179
Long-term debt 148,612 164,934
Other liabilities 80,723 79,792
Commitments and contingencies
Equity:    
Common stock of $0.001 par value, 125,000,000 shares authorized, 41,000,575 and 40,704,984 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 41 41
Additional paid-in capital 1,373,727 1,371,809
Accumulated deficit (613,708) (548,931)
Accumulated other comprehensive loss (1,082) (804)
Total stockholders’ equity 758,978 822,115
Noncontrolling interests 760 1,157
Total equity 759,738 823,272
Total liabilities and equity $ 1,151,733 $ 1,251,177