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Condensed Financial Information for Eagle Bulk Shipping Inc. (Parent Company Only) - Consolidated Statement of Cash Flows (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash used in operating activities $ 7,388,971 $ (45,434,310) $ (43,786,769)
Cash flows from investing activities:      
Net cash provided by/(used in) investing activities (155,249,639) (9,280,391) 10,251,871
Cash flows from financing activities:      
Repayment of Term Loan (13,021,000)    
Proceeds from common stock placement, net of issuance costs 96,030,003 85,700,535 0
Financing costs paid to lenders (3,886,104) (3,086,947) 0
Cash used to settle net share equity awards (289,539) (2,938) (1,419,228)
Net cash provided by financing activities 127,595,602 106,334,650 18,455,772
Net increase/(decrease) in cash and cash equivalents (20,265,066) 51,619,949 (15,079,126)
Cash and cash equivalents at beginning of period 76,516,110 24,896,161 39,975,287
Cash and cash equivalents at end of period 56,251,044 76,516,110 24,896,161
Parent Company      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash used in operating activities (2,245,856) (4,715,072) (18,496,422)
Cash flows from investing activities:      
Cash distributed to wholly-owned subsidiaries (138,238,309) (36,853,951) (4,762,134)
Net cash provided by/(used in) investing activities (138,238,309) (36,853,951) (4,762,134)
Cash flows from financing activities:      
Repayment of Term Loan 0 (3,906,250) (19,625,000)
Proceeds from Revolver Loan facility under Exit Financing Facility 0 40,000,000
Proceeds from common stock placement, net of issuance costs 96,030,003 85,700,535 0
Financing costs paid to lenders 0 0 (500,000)
Cash used to settle net share equity awards (289,539) (2,938) (1,419,229)
Net cash provided by financing activities 95,740,464 81,791,347 18,455,771
Net increase/(decrease) in cash and cash equivalents (44,743,701) 40,222,324 (4,802,785)
Cash and cash equivalents at beginning of period 62,326,786 22,104,462 26,907,247
Cash and cash equivalents at end of period 17,583,085 62,326,786 22,104,462
Supplemental cash flow information:      
Cash paid during the period for interest $ 0 $ 2,529,674 $ 9,911,793