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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 145,622 $ 215,445
Restricted cash 8,338 8,953
Investment in debt and equity securities 21,210 28,805
Due from related parties 8,557 7,718
Trade accounts receivable 11,134 6,666
Other receivables 15,444 22,024
Inventories 10,124 8,808
Prepaid expenses and accrued income 6,403 2,597
Investment in sales-type leases, direct financing leases and leaseback assets, current portion 23,484 55,420
Total current assets 250,316 356,436
Vessels and equipment, net 2,230,583 1,240,698
Vessels under finance lease, net 656,072 697,380
Investment in sales-type leases, direct financing leases and leaseback assets, long-term portion 181,282 622,123
Investment in associated companies 16,635 27,297
Newbuildings and vessel purchase deposits 57,093 0
Loans and long term receivables from related parties including associates 45,000 123,910
Financial instruments at fair value, long-term portion 3,184 3,406
Other long-term assets 19,132 21,961
Total assets 3,459,297 3,093,211
Current liabilities    
Short-term debt and current portion of long-term debt 302,769 484,956
Finance lease liability, current portion 51,204 48,887
Due to related parties 1,295 2,724
Trade accounts payable 1,770 1,247
Accrued expenses 19,794 21,060
Financial instruments at fair value, current portion 738 1,572
Other current liabilities 22,746 16,085
Total current liabilities 400,316 576,531
Long-term liabilities    
Long-term debt 1,586,445 1,164,113
Finance lease liability, long-term portion 472,996 524,200
Financial instruments at fair value, long-term portion 17,209 32,712
Other long-term liabilities 4 4
Total liabilities 2,476,970 2,297,560
Commitments and contingent liabilities
Stockholders' equity    
Share capital ($0.01 par value; 300,000,000 shares authorized; 138,551,387 shares issued and outstanding as of December 31, 2021). ($0.01 par value; 300,000,000 shares authorized; 127,810,064 shares issued and outstanding as of December 31, 2020). 1,386 1,278
Additional paid-in capital 621,037 531,382
Contributed surplus 461,818 539,370
Accumulated other comprehensive loss (9,194) (19,316)
Accumulated deficit (92,720) (257,063)
Total stockholders' equity 982,327 795,651
Total liabilities and stockholders' equity $ 3,459,297 $ 3,093,211