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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Operating activities      
Net income $ 61,713 $ 40,421 $ 73,622
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 58,648 46,444 104,079
Other Asset Impairment Charges 8,225 0 1,730
Vessel impairment charge 0 21,779 64,338
Amortization of deferred charges 4,184 3,988 10,187
Amortization of seller's credit (103) (308) (447)
Amortization of Intangible Assets 2,680 238 1,699
Equity in earnings of associated companies (8,991) (7,451) (14,635)
(Gain)/loss on sale of assets and termination of charters 0 1,623 2,578
Gain (Loss) on Disposition of Stock in Subsidiary 0 0 (7,613)
Adjustment of derivatives to fair value recognized in net income 6,315 (6,458) (13,898)
Adjustment of equity investments recognised in the income statement (27,323) (15,304) (12,277)
Gain (Loss) on Sale of Equity Investments 0 0 (13,476)
Loss/(gain) on repurchase of bonds (1,802) 0 (1,146)
Other, net 966 219 1,108
Changes in operating assets and liabilities      
Trade accounts receivable 457 9,601 9,607
Due from related parties 754 2,698 (1,308)
Other receivables (13,355) (3,774) (3,870)
Inventories 1,460 (1,664) (3,423)
Increase (Decrease) in Other Current Assets 157 0 (157)
Prepaid expenses and accrued income 338 (473) (301)
Trade accounts payable (405) 419 2,370
Accrued expenses (510) (911) (433)
Other current liabilities 196 3,017 2,641
Net cash provided by operating activities 93,604 94,104 200,975
Investing activities      
Repayments from investments in direct financing leases 20,373 17,064 33,486
Additions to Finance Lease Asset (1,065) 0 0
Purchase of vessels (1,099) (511,016) (1,137,703)
Proceeds/(payments) from sales of vessels and termination of charters 0 30,169 145,654
Proceeds from Divestiture of Interest in Consolidated Subsidiaries 0 0 83,485
Net amounts received from/(paid to) associated companies 22,984 24,116 (24,161)
Other investments and long term assets, net (6,092) 0 32,675
Net cash provided by/(used in) investing activities 35,101 (439,667) (866,564)
Financing activities      
Proceeds from Long-term Capital Lease Obligations 0 0 944,097
Principal settlements of cross currency swaps, net (41,769) 0 0
(Repurchase)/resale of bonds (80,749) (63,218) (97,248)
Drawdowns 217,338 553,000 825,984
Repayments of long-term debt (115,739) (69,226) (778,731)
Discount Received on Extinguishment of Debt 1,654 0 0
Debt fees paid (3,210) (5,611) (8,257)
Repayment of lease obligation liability (30,899) (3,730) (11,653)
Cash dividends paid (75,325) (73,917) (149,261)
Net cash used in financing activities (128,699) 337,298 724,931
Net change in cash and cash equivalents 6 (8,265) 59,342
Cash, restricted cash and cash equivalents at start of the period 212,394 153,052 153,052
Cash, restricted cash and cash equivalents at end of the period 212,400 144,787 212,394
Supplemental disclosure of cash flow information:      
Interest paid, net of capitalized interest $ 67,317 $ 45,301 $ 104,620