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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2014
Jul. 09, 2014
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:        
Net loss $ (213,358)   $ (217,757) $ (254,368)
Adjustments to reconcile net loss to net cash used in operating activities:        
Goodwill impairment 166,067      
Depreciation and amortization 36,714   76,330 79,556
Amortization of deferred financing costs 845   2,847 2,379
PIK interest, net     800  
Amortization of time charters acquired (450)      
Amortization of nonvested stock compensation expense 20,405   20,680 42,136
Impairment of vessel assets 0   69,278 39,893
(Gain) loss on sale of vessels     (3,555) 900
Impairment of investment 0   2,696 37,877
Realized (gain) loss on sale of investment     (689) 724
Change in assets and liabilities:        
Decrease (increase) in due from charterers (1,545)   213 4,153
Decrease (increase) in prepaid expenses and other current assets 8,343   5,485 1,181
(Decrease) increase in accounts payable and accrued expenses (39,170)   (5,309) 1,883
Increase (decrease) in deferred revenue 400   430 (339)
Increase in lease obligations 390   719 759
Deferred drydock costs incurred (6,376)   (2,150) (12,820)
Net cash used in operating activities (26,835)   (49,982) (56,086)
Cash flows from investing activities:        
Purchase of vessels, including deposits (24,473)   (458) (66,590)
Purchase of other fixed assets (208)   (329) (770)
Net proceeds from sale of vessel assets     13,024  
Sale of AFS securities     10,489 706
Changes in deposits of restricted cash (19,420)   (15,853) 9,880
Net cash provided by (used in) investing activities (44,101)   6,873 (56,774)
Cash flows from financing activities:        
Payment of dividend by subsidiary (1,025)      
Cash settlement of non-accredited Note holders (484)   (101) (777)
Proceeds from issuance of Series A Preferred Stock     125,000  
Payment of Series A Preferred Stock issuance costs     (3,108)  
Payment of deferred financing costs (2,322)   (1,500) (7,003)
Net cash provided by financing activities 18,273   55,435 150,520
Net increase (decrease) in cash and cash equivalents (52,663)   12,326 37,660
Cash and cash equivalents at beginning of period 136,077   121,074 83,414
Cash and cash equivalents at end of period 83,414 $ 136,077 133,400 121,074
Secured Debt | $400 Million Credit Facility        
Cash flows from financing activities:        
Proceeds from Term Loan Facility     400,000  
Secured Debt | $100 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility (3,846)   (60,099) (7,692)
Secured Debt | $253 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility (5,075)   (145,268) (20,300)
Secured Debt | $44 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility (1,375)   (38,500) (2,750)
Secured Debt | $22 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility (750)   (18,625) (1,500)
Secured Debt | 2014 Term Loan Facilities        
Cash flows from financing activities:        
Repayments on Term Loan Facility     (2,763) (2,081)
Proceeds from Term Loan Facility 33,150      
Revolving Credit Facility | 2015 Revolving Credit Facility        
Cash flows from financing activities:        
Proceeds from credit facility       56,218
Repayment of line of credit facility     (56,218)  
Line of Credit Facility | $98 Million Credit Facility        
Cash flows from financing activities:        
Proceeds from credit facility       98,271
Repayment of line of credit facility     (3,000)  
Line of Credit Facility | $148 Million Credit Facility        
Cash flows from financing activities:        
Proceeds from credit facility       148,000
Repayment of line of credit facility     $ (140,383) (7,616)
Line of Credit Facility | 2010 Credit Facility        
Cash flows from financing activities:        
Repayment of line of credit facility       $ (102,250)
Predecessor        
Cash flows from operating activities:        
Net loss   (1,013,250)    
Adjustments to reconcile net loss to net cash used in operating activities:        
Reorganization Items And Fresh-Start Accounting Adjustments, Net   880,408    
Depreciation and amortization   75,952    
Amortization of deferred financing costs   4,461    
Amortization of time charters acquired   68    
Amortization of discount on Convertible Senior Notes   1,592    
Interest expense related to the de-designation of the interest rate swap   1,048    
Amortization of nonvested stock compensation expense   4,352    
Impairment of vessel assets   0    
Impairment of investment   0    
Change in assets and liabilities:        
Decrease (increase) in due from charterers   1,047    
Decrease (increase) in prepaid expenses and other current assets   (11,735)    
(Decrease) increase in accounts payable and accrued expenses   32,534    
Increase (decrease) in deferred revenue   (600)    
Increase in lease obligations   195    
Deferred drydock costs incurred   (9,253)    
Net cash used in operating activities   (33,317)    
Cash flows from investing activities:        
Purchase of vessels, including deposits   (29,995)    
Purchase of other fixed assets   (415)    
Changes in deposits of restricted cash   (125)    
Net cash provided by (used in) investing activities   (30,535)    
Cash flows from financing activities:        
Payment of dividend by subsidiary   (2,046)    
Proceeds from Rights Offering   100,000    
Payment of common stock issuance costs by subsidiary   (111)    
Payment of deferred financing costs   (4,515)    
Net cash provided by financing activities   77,207    
Net increase (decrease) in cash and cash equivalents   13,355    
Cash and cash equivalents at beginning of period $ 136,077 122,722    
Cash and cash equivalents at end of period   136,077    
Predecessor | Secured Debt | $100 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility   (3,846)    
Predecessor | Secured Debt | $253 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility   (10,150)    
Predecessor | Secured Debt | $44 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility   (1,375)    
Predecessor | Secured Debt | $22 Million Term Loan Facility        
Cash flows from financing activities:        
Repayments on Term Loan Facility   $ (750)