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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 70,175 $ 50,818
Available for sale securities 199,594 73,656
Trade accounts receivable 2,057 3,253
Due from related parties 45,659 152,491
Other receivables 10,441 10,488
Inventories 5,056 6,927
Prepaid expenses and accrued income 5,790 5,075
Investment in direct financing and sales-type leases, current portion 37,145 37,517
Total current assets 375,917 340,225
Vessels and equipment, net 1,641,317 1,377,133
Newbuildings 40,149 87,567
Investment in direct financing and sales-type leases, long-term portion 474,298 709,014
Investment in associated companies 84,615 53,457
Loans to related parties - associated companies, long-term 387,712 346,031
Loans to related parties - others, long-term 0 79,294
Other long-term assets 27,746 8,581
Deferred charges 32,271 36,958
Financial instruments (long-term): at fair value 800 3,294
Total assets 3,064,825 3,041,554
Current liabilities    
Current portion of long-term debt 208,031 182,415
Trade accounts payable 835 2,432
Due to related parties 416 1,109
Accrued expenses 12,646 18,190
Financial instruments (short-term): at fair value 0 517
Other current liabilities 17,037 9,092
Total current liabilities 238,965 213,755
Long-term liabilities    
Long-term debt 1,458,445 1,550,044
Financial instruments (long-term): at fair value 113,642 106,679
Other long-term liabilities 11,963 17,584
Total liabilities $ 1,823,015 $ 1,888,062
Commitments and contingent liabilities
Stockholders' equity    
Share capital ($1 par value; 125,000,000 shares authorized at December 31, 2015 and 2014); (93,468,000 shares issued and outstanding at December 31, 2015; 93,404,000 shares issued and outstanding at December 31, 2014). $ 93,468 $ 93,404
Additional paid-in capital 285,859 285,248
Contributed surplus 588,133 586,089
Accumulated other comprehensive loss (1,037) (48,240)
Accumulated other comprehensive loss – associated companies (2,126) (2,284)
Retained earnings 277,513 239,275
Total stockholders' equity 1,241,810 1,153,492
Total liabilities and stockholders' equity $ 3,064,825 $ 3,041,554