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v3.21.2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 1 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2021 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020
Statement of Cash Flows [Abstract] |  |  |  |
Net cash provided by operating activities |  | $ 41,217 | $ 445,508 |
Investing activities |  |  |  |
Additions to newbuildings, vessels and equipment | $ (180,000) | (181,980) | (152,846) |
Marketable securities acquired |  | (357) | 0 | $ 0
Investment in associated company |  | 0 | (750) |
Net proceeds from sale of vessel |  | 0 | 26,556 |
Cash inflow from sale of subsidiary |  | 2,813 | 0 |
Cash outflow on issuance of loan to associated company |  | 0 | (1,500) |
Trafigura asset acquisition |  | 0 | (533,748) |
Proceeds from sale of marketable securities |  | 14,074 | 0 | 0
Net cash used in investing activities |  | (165,450) | (662,288) |
Financing activities |  |  |  |
Proceeds from issuance of debt |  | 172,024 | 650,273 |
Repayment of long-term debt |  | (90,623) | (149,732) |
Repayment of finance leases |  | (3,199) | (7,984) |
Net proceeds from issuance of shares |  | 0 | 5,825 |
Lease termination compensation receipt |  | 0 | 3,186 |
Debt fees paid |  | (2,117) | (6,074) |
Dividends paid |  | 0 | (215,031) |
Net cash provided by financing activities |  | 76,085 | 280,463 |
Net change in cash and cash equivalents and restricted cash |  | (48,148) | 63,683 |
Cash and cash equivalents and restricted cash at beginning of period |  | 189,649 | 177,376 | 177,376
Cash and cash equivalents and restricted cash at end of period | $ 141,501 | $ 141,501 | $ 241,059 | $ 189,649

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- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. + References No definition available. + Details
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- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586 + Details
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- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 + Details
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