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Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities:    
Net Cash provided by/(used in) Operating Activities $ (1,206) $ 1,938
Cash Flows from Investing Activities:    
Advances for vessels under construction (48,753)
Vessel acquisitions (Note 1 and 4) (43,755)
Investments in unconsolidated joint ventures (Note 13) (11,200)
(Increase in restricted cash (895) (2,490)
Sale of other fixed assets, net 29
Net Cash used in Investing Activities (55,850) (51,214)
Cash Flows from Financing Activities:    
Proceeds from debt (Note 7) 23,350 45,385
Amount drawn 34,200
Proceeds from related party debt (Note 7) 2,958 3,200
Principal payments of debt (Note 7) (4,560) (1,500)
Prepayment of related party debt (Note 7) (4,085)
Proceeds from issuance of Series C convertible preferred stock (Note 9) 7,500
Proceeds from warrant exercises (Note 9) 513 140
Equity offerings costs (409)
Payment of financing costs (949) (63)
Net Cash provided by Financing Activities 58,518 47,162
Net (decrease)/increase in cash and cash equivalents 1,462 (2,114)
Cash and cash equivalents at beginning of year 127 2,668
Cash and cash equivalents at end of the period 1,589 554
SUPPLEMENTAL CASH FLOW INFORMATION    
Capital expenditures included in Accounts payable/Accrued liabilities 367 787
Interest paid net of capitalized interest 2,303 286
Finance fees included in Accounts payable/Accrued liabilities 3 78
Offering expenses included in liabilities 719 515
Shares issued as consideration for the assumption of liabilities 3,796
Equity Offering of Common Stock to Settle Notes [Member]    
SUPPLEMENTAL CASH FLOW INFORMATION    
Shares issued as consideration for the assumption of liabilities 29,306
Stock Issued in Exchange for Converting Debt, Interest & Finance Fees [Member]    
SUPPLEMENTAL CASH FLOW INFORMATION    
Shares issued as consideration for the assumption of liabilities $ 4,238