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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net loss $ (32,940) $ (58,725) $ (217,757)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 68,976 71,776 76,330
Amortization of deferred financing costs 3,035 2,325 2,847
PIK interest, net   4,542 800
Payment of PIK interest (5,341) 0 0
Amortization of nonvested stock compensation expense 2,231 4,053 20,680
Impairment of vessel assets 56,586 21,993 69,278
Gain on sale of vessels (3,513) (7,712) (3,555)
Impairment of investment     2,696
Loss on debt extinguishment 4,533    
Insurance proceeds for protection and indemnity claims 303 765 494
Insurance proceeds for loss of hire claims 58 2,230 812
Realized gain on sale of investment     (689)
Change in assets and liabilities:      
(Increase) decrease in due from charterers (10,099) (2,482) 213
Increase in prepaid expenses and other current assets (6,626) (5,875) 1,010
(Increase) decrease in inventories (14,215) (6,485) 844
Decrease in other noncurrent assets 514    
Increase (decrease) in accounts payable and accrued expenses 2,571 1,494 (5,309)
Increase in deferred revenue 1,190 3,234 430
Increase in lease obligations 880 720 719
Deferred drydock costs incurred (2,236) (7,782) (2,150)
Net cash provided by (used in) operating activities 65,907 24,071 (52,307)
Cash flows from investing activities:      
Purchase of vessels, including deposits (241,872) (262) (458)
Purchase of other fixed assets (1,462) (290) (329)
Net proceeds from sale of vessels 44,330 15,513 13,024
Sale of AFS securities     10,489
Insurance proceeds for hull and machinery claims 3,629 2,444 2,325
Net cash (used in) provided by investing activities (195,375) 17,405 25,051
Cash flows from financing activities:      
Cash settlement of non-accredited Note holders     (101)
Payment of debt extinguishment costs (2,962)    
Proceeds from issuance of common stock 110,249    
Payment of common stock issuance costs (496)    
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 (11,845)   (1,500)
Net cash provided by (used in) financing activities 127,283 (5,598) 55,435
Net (decrease) increase in cash, cash equivalents and restricted cash (2,185) 35,878 28,179
Cash, cash equivalents and restricted cash at beginning of period 204,946 169,068 140,889
Cash, cash equivalents and restricted cash at end of period 202,761 204,946 169,068
Secured Debt | $108 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from credit facility 108,000    
Repayment of secured debt (1,580) 0 0
Secured Debt | $460 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from credit facility 460,000    
Repayment of secured debt (15,000) 0 0
Secured Debt | $400 Million Credit Facility      
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Payment of PIK interest (5,341)    
Cash flows from financing activities:      
Proceeds from credit facility     400,000
Repayment of secured debt (399,600) (400) 0
Secured Debt | $100 Million Term Loan Facility      
Cash flows from financing activities:      
Repayment of secured debt     (60,099)
Secured Debt | $253 Million Term Loan Facility      
Cash flows from financing activities:      
Repayment of secured debt     (145,268)
Secured Debt | $44 Million Term Loan Facility      
Cash flows from financing activities:      
Repayment of secured debt     (38,500)
Secured Debt | $22 Million Term Loan Facility      
Cash flows from financing activities:      
Repayment of secured debt     (18,625)
Secured Debt | 2014 Term Loan Facilities      
Cash flows from financing activities:      
Repayment of secured debt (25,544) (2,763) (2,763)
Line of Credit Facility | $98 Million Credit Facility      
Cash flows from financing activities:      
Repayments of Credit Facility $ (93,939) $ (1,332) (3,000)
Line of Credit Facility | $148 Million Credit Facility      
Cash flows from financing activities:      
Repayments of Credit Facility     (140,383)
Revolving Credit Facility | 2015 Revolving Credit Facility      
Cash flows from financing activities:      
Repayments of Credit Facility     $ (56,218)