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Consolidated Statement of Financial Position as of December 31 - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets        
Cash and cash equivalents $ 77,292 $ 109,295 $ 166,775 $ 166,684
Accounts receivable and accrued revenues 42,212 34,461    
Prepaid expenses 3,197 3,627    
Bunkers, lube oils and consumables 23,675 7,906    
Asset held for sale 20,762 23,216    
Total current assets 167,137 178,505    
Non-current assets        
Net book value of vessels and time charter contracts 1,444,146 1,177,521    
Advances for vessels under construction 114,759 43,638    
Other property, plant and equipment 464 661    
Investment in associate company 3,992 3,412    
Total non-current assets 1,563,360 1,225,232    
Total assets 1,730,497 1,403,737    
Current liabilities        
Accounts payable and accrued expenses 17,427 12,378    
Derivative financial liabilities, current 545 2,257    
Current portion long-term debt 65,053 57,521    
Deferred shipping revenues 0 2,154    
Total current liabilities 83,026 74,310    
Non-current liabilities        
Long-term debt 721,151 643,974    
Derivative financial liabilities, non-current 0 442    
Other non-current liabilities 428 0    
Total non-current liabilities 721,579 644,416    
Total liabilities 804,605 718,726    
Stockholders' equity        
Common stock at par value 1,424 934    
Additional paid-in capital 1,140,794 881,097    
Accumulated deficit (222,087) (205,099)    
Translation differences 85 (203)    
Other reserves 5,676 8,283    
Total stockholders' equity 925,892 685,011    
Total liabilities and stockholders' equity $ 1,730,497 $ 1,403,737