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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Operating revenues      
Direct financing lease interest income - related parties $ 23,164 $ 28,489 $ 55,385
Direct financing and sales-type lease interest income - other 0 3,018 4,231
Finance lease service revenues - related parties 23,530 26,650 52,390
Finance lease service revenues - other 0 825 1,846
Profit sharing revenues from related parties 14,290 100 770
Time charter revenues - related parties 4,846 1,935 5,647
Time charter revenues - other 37,045 38,937 77,778
Bareboat charter revenues - related parties 9,071 9,103 18,324
Bareboat charter revenues - other 24,539 21,177 42,705
Voyage charter revenues - other 16,866 0 9,724
Other operating income 2,305 844 2,060
Total operating revenues 155,656 131,078 270,860
Gain on sale of assets and termination of charters 15,197 18,025 18,025
Operating expenses      
Vessel operating expenses - related parties 24,807 27,869 54,916
Vessel operating expenses - other 32,935 19,360 50,618
Depreciation 31,661 28,337 58,436
Administrative expenses - related parties 495 233 439
Administrative expenses - other 3,523 3,678 7,110
Total operating expenses 93,421 79,477 171,519
Net operating income 77,432 69,626 117,366
Non-operating income / (expense)      
Interest income – related parties, associated companies 11,866 9,788 19,575
Interest income – related parties, other 1,868 0 482
Interest income - other 7,652 5,012 10,023
Interest expense - other (42,573) (44,184) (87,225)
Gain/(loss) on purchase of bonds (21) (1,109) (1,218)
Other financial items, net (7,151) 2,779 2,003
Net income before equity in earnings of associated companies 49,073 41,912 61,006
Equity in earnings of associated companies 14,019 15,530 28,200
Net income $ 63,092 $ 57,442 $ 89,206
Per share information:      
Basic earnings per share (in dollars per share) $ 0.68 $ 0.67 $ 1.00
Weighted average number of shares outstanding, basic 93,277 85,694 89,508
Diluted earnings per share (in dollars per share) $ 0.64 $ 0.60 $ 0.99
Weighted average number of shares outstanding, diluted 116,668 107,996 95,424