v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
Net loss $ (7,677) $ (3,950)
Non-cash items:    
Loss provision on investment in term loans 4,511  
Depreciation and amortization 23,785 36,038
Unrealized (gain) loss on derivative instruments (6,907) 259
Other 973 592
Change in operating assets and liabilities 6,969 (24,539)
Expenditures for dry docking (3,696)  
Net operating cash flow 17,958 8,400
FINANCING ACTIVITIES    
Proceeds from long-term debt 27,136 5,000
Repayments of long-term debt (12,623) (900)
Prepayment of long-term debt (20,000) (55,000)
Proceeds from long-term debt of Dropdown Predecessor   2,312
Repayments of long-term debt of Dropdown Predecessor   (10,372)
Prepayment of long-term debt of Dropdown Predecessor   (15,000)
Acquisition of 13 vessels from Teekay Corporation   (1,078)
Net advances from affiliates   16,913
Contribution of capital from Teekay Corporation   9,728
Proceeds from issuance of Class A common stock   69,000
Share issuance costs   (3,217)
Cash dividends paid (5,015) (21,364)
Net financing cash flow (10,502) (3,978)
INVESTING ACTIVITIES    
Proceeds from sale of vessel and equipment 9,119  
Expenditures for vessels and equipment (1,208) (1,399)
Investment in joint venture (4,000) (3,035)
Net investing cash flow 3,911 (4,434)
Increase (decrease) in cash and cash equivalents 11,367 (12)
Cash and cash equivalents, beginning of the period 26,341 18,566
Cash and cash equivalents, end of the period $ 37,708 $ 18,554