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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 187,713 $ 197,499
Restricted cash 4,947 4,947
Due from charterers, net of a reserve of $1,171 and $669, respectively 17,265 22,306
Prepaid expenses and other current assets 9,213 10,449
Inventories 30,625 29,548
Vessels held for sale   5,702
Total current assets 249,763 270,451
Noncurrent assets:    
Vessels, net of accumulated depreciation of $261,017 and $244,549, respectively 1,335,048 1,344,870
Deferred drydock, net of accumulated amortization of $14,988 and $13,553, respectively 8,520 9,544
Fixed assets, net of accumulated depreciation and amortization of $1,435 and $1,281, respectively 3,099 2,290
Operating lease right-of-use asset 9,425  
Restricted cash 315 315
Total noncurrent assets 1,356,407 1,357,019
Total assets 1,606,170 1,627,470
Current liabilities:    
Accounts payable and accrued expenses 24,137 29,143
Current portion of long-term debt 70,351 66,320
Deferred revenue 4,497 6,404
Current operating lease liabilities 1,613  
Total current liabilities: 100,598 101,867
Noncurrent liabilities:    
Long-term operating lease obligations 11,092  
Deferred rent   3,468
Long-term debt, net of deferred financing costs of $15,967 and $16,272, respectively 448,522 468,828
Total noncurrent liabilities 459,614 472,296
Total liabilities 560,212 574,163
Commitments and contingencies (Note 14)
Equity:    
Common stock, par value $0.01; 500,000,000 shares authorized; 41,656,947 and 41,644,470 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 416 416
Additional paid-in capital 1,740,615 1,740,163
Retained deficit (695,073) (687,272)
Total equity 1,045,958 1,053,307
Total liabilities and equity $ 1,606,170 $ 1,627,470