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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net loss $ (51,950) $ (36,383)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 34,378 34,425
Amortization of deferred financing costs 1,835 980
Amortization of time charters acquired (132) (186)
Amortization of discount on Convertible Senior Notes 1,179 1,090
Unrealized loss (gain) on derivative instruments 4 (27)
Amortization of nonvested stock compensation expense 1,233 1,650
Change in assets and liabilities:    
(Increase) decrease in due from charterers (427) 2,449
Increase in prepaid expenses and other current assets (2,181) (2,878)
Increase (decrease) in accounts payable and accrued expenses 89 (4,987)
Decrease in deferred revenue (236) (534)
Increase in lease obligations 125 398
Deferred drydock costs incurred (1,283) (3,966)
Net cash used in operating activities (17,366) (7,969)
Cash flows from investing activities:    
Purchase of vessels   (319)
Purchase of other fixed assets (13) (1,228)
Net cash used in investing activities (13) (1,547)
Cash flows from financing activities:    
Repayments on the 2007 Credit Facility   (12,500)
Proceeds from issuance of common stock   50,721
Payment of common stock issuance costs   (632)
Payment of dividend by subsidiary (172) (2,212)
Payment of deferred financing costs   (147)
Net cash (used in) provided by financing activities (172) 28,231
Net (decrease) increase in cash and cash equivalents (17,551) 18,715
Cash and cash equivalents at beginning of period 72,600 227,968
Cash and cash equivalents at end of period 55,049 246,683
$100 Million Term Loan Facility
   
Cash flows from financing activities:    
Repayments on Term Loan Facility   (1,924)
$253 Million Term Loan Facility
   
Cash flows from financing activities:    
Repayments on Term Loan Facility   $ (5,075)