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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 165,121 $ 197,499
Restricted cash   4,947
Due from charterers, net of a reserve of $1,047 and $669, respectively 15,718 22,306
Prepaid expenses and other current assets 9,200 10,449
Inventories 29,325 29,548
Vessels held for sale   5,702
Total current assets 219,364 270,451
Noncurrent assets:    
Vessels, net of accumulated depreciation of $265,147 and $244,549, respectively 1,320,149 1,344,870
Deferred drydock, net of accumulated amortization of $15,175 and $13,553, respectively 11,629 9,544
Fixed assets, net of accumulated depreciation and amortization of $1,575 and $1,281, respectively 4,077 2,290
Operating lease right-of-use asset 8,910  
Restricted cash 315 315
Total noncurrent assets 1,345,080 1,357,019
Total assets 1,564,444 1,627,470
Current liabilities:    
Accounts payable and accrued expenses 33,151 29,143
Current portion of long-term debt 65,640 66,320
Deferred revenue 8,263 6,404
Current operating lease liabilities 1,634  
Total current liabilities: 108,688 101,867
Noncurrent liabilities:    
Long-term operating lease obligations 10,675  
Deferred rent   3,468
Long-term debt, net of deferred financing costs of $15,015 and $16,272, respectively 433,030 468,828
Total noncurrent liabilities 443,705 472,296
Total liabilities 552,393 574,163
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 June 30, 2019 and December 31, 2018, respectively 416 416
Additional paid-in capital 1,741,184 1,740,163
Retained deficit (729,549) (687,272)
Total equity 1,012,051 1,053,307
Total liabilities and equity $ 1,564,444 $ 1,627,470