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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (58,725) $ (217,757) $ (254,368)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 71,776 76,330 79,556
Amortization of deferred financing costs 2,325 2,847 2,379
PIK interest, net 4,542 800  
Amortization of nonvested stock compensation expense 4,053 20,680 42,136
Impairment of vessel assets 21,993 69,278 39,893
(Gain) loss on sale of vessels (7,712) (3,555) 900
Impairment of investment   2,696 37,877
Realized (gain) loss on sale of investment   (689) 724
Change in assets and liabilities:      
(Increase) decrease in due from charterers (2,482) 213 4,153
(Increase) decrease in prepaid expenses and other current assets (6,921) 5,485 1,181
Increase (decrease) in accounts payable and accrued expenses 1,494 (5,309) 1,883
Increase (decrease) in deferred revenue 3,234 430 (339)
Increase in lease obligations 720 719 759
Deferred drydock costs incurred (7,782) (2,150) (12,820)
Net cash provided by (used in) operating activities 26,515 (49,982) (56,086)
Cash flows from investing activities:      
Purchase of vessels, including deposits (262) (458) (66,590)
Purchase of other fixed assets (290) (329) (770)
Net proceeds from sale of vessel assets 15,513 13,024  
Sale of AFS securities   10,489 706
Net cash provided by (used in) investing activities 14,961 22,726 (66,654)
Cash flows from financing activities:      
Cash settlement of non-accredited Note holders   (101) (777)
Proceeds from issuance of Series A Preferred Stock   125,000  
Payment of Series A Preferred Stock issuance costs (1,103) (3,108)  
Payment of deferred financing costs   (1,500) (7,003)
Net cash (used in) provided by financing activities (5,598) 55,435 150,520
Net increase in cash, cash equivalents and restricted cash 35,878 28,179 27,780
Cash, cash equivalents and restricted cash at beginning of period 169,068 140,889 113,109
Cash, cash equivalents and restricted cash at end of period 204,946 169,068 140,889
Secured Debt | $400 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from Term Loan Facility   400,000  
Repayments on Term Loan Facility (400) 0 0
Secured Debt | $100 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility 0 (60,099) (7,692)
Secured Debt | $253 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility 0 (145,268) (20,300)
Secured Debt | $44 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility 0 (38,500) (2,750)
Secured Debt | $22 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility 0 (18,625) (1,500)
Secured Debt | 2014 Term Loan Facilities      
Cash flows from financing activities:      
Repayments on Term Loan Facility (2,763) (2,763) (2,081)
Line of Credit Facility | $98 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from Credit Facility     98,271
Repayment of Credit Facility (1,332) (3,000) 0
Line of Credit Facility | $148 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from Credit Facility     148,000
Repayment of Credit Facility 0 (140,383) (7,616)
Line of Credit Facility | 2010 Credit Facility      
Cash flows from financing activities:      
Repayment of Credit Facility     (102,250)
Revolving Credit Facility | 2015 Revolving Credit Facility      
Cash flows from financing activities:      
Proceeds from Credit Facility     56,218
Repayment of Credit Facility $ 0 $ (56,218) $ 0