XML 71 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
CASH FLOW INFORMATION
 3 Months Ended
Mar. 31, 2013
CASH FLOW INFORMATION  
CASH FLOW INFORMATION

4 - CASH FLOW INFORMATION

 

As of March 31, 2013 and December 31, 2012, the Company had four and five interest rate swaps, respectively, which are described and discussed in Note 11 — Interest Rate Swap Agreements. At March 31, 2013, the fair values of the four swaps are in a liability position of $13,754, all of which was classified within current liabilities.  At December 31, 2012, the five swaps were in a liability position of $16,052, $7 of which was classified within current liabilities.

 

For the three months ended March 31, 2013, the Company had non-cash investing activities not included in the Condensed Consolidated Statement of Cash Flows for items included in accounts payable and accrued expenses consisting of $27 for the purchase of vessel related equipment and $48 for the purchase of other fixed assets.  For the three months ended March 31, 2013, the Company had non-cash financing activities not included in the Condensed Consolidated Statement of Cash Flows for items included in current interest payable consisting of $13,199 associated with deferred financing fees.

 

For the three months ended March 31, 2012, the Company had non-cash investing activities not included in the Condensed Consolidated Statement of Cash Flows for items included in accounts payable and accrued expenses consisting of $226 for the purchase of vessel related equipment and $428 for the purchase of other fixed assets.  Additionally, for the three months ended March 31, 2012, the Company had non-cash financing activities not included in the Condensed Consolidated Statement of Cash Flows for items included in accounts payable and accrued expenses consisting of $30 associated with deferred financing fees and $219 associated with common stock issuance costs related to the equity offering completed on February 28, 2012.

 

During the three months ended March 31, 2013 and 2012, cash paid for interest,  including bond coupon interest paid, was $20,795 and $25,559, respectively.

 

During the three months ended March 31, 2013 and 2012, cash paid for estimated income taxes was $103 and $134, respectively.