XML 38 R23.htm IDEA: XBRL DOCUMENT v3.19.1
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 12 Months Ended
Dec. 31, 2018
Additional Financial Information Disclosure [Abstract]  
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15.      Other information:

 

 

(a)

Accounts payable and accrued liabilities:

The principal components of accounts payable and accrued liabilities are:

  

 

2018

 

 

2017

 

Due to related parties (note 4)

 

$

—

 

 

$

1,386

 

Accrued interest

 

 

20,276

 

 

 

14,614

 

Accounts payable and other accrued liabilities

 

 

49,935

 

 

 

47,220

 

 

 

$

70,211

 

 

$

63,220

 

 

 

(b)

Supplemental cash flow information:

 

 

2018

 

 

2017

 

 

2016

 

Interest paid on debt

 

$

194,316

 

 

$

111,180

 

 

$

109,272

 

Interest received

 

 

3,737

 

 

 

6,829

 

 

 

8,041

 

Undrawn credit facility fee paid

 

 

619

 

 

 

2,444

 

 

 

2,856

 

Non-cash transactions:

 

 

 

 

 

 

 

 

 

 

 

 

Dividend reinvestment

 

 

22,807

 

 

 

21,785

 

 

 

4,359

 

Arrangement and transaction fees settled in shares (note 14)

 

 

2,326

 

 

 

4,199

 

 

 

6,393

 

Acquisition of time charters through

   novation from GCI

 

 

—

 

 

 

—

 

 

 

16,200

 

Acquisition of GCI Subsidiaries through

   settlement of loans to affiliate

 

 

—

 

 

 

—

 

 

 

107,500

 

Capital contribution through settlement of

   loans to affiliate

 

 

—

 

 

 

6,667

 

 

 

—

 

Carrying value of previously held equity in

   GCI settled on acquisition (note 3)

 

 

61,891

 

 

 

—

 

 

 

—

 

Issuance of Class A common shares on

   acquisition (note 3)

 

 

13,908

 

 

 

—

 

 

 

—

 

Issuance of New Warrants (note 4)

 

 

67,523

 

 

 

—

 

 

 

—

 

Issuance of Series D preferred shares on

   acquisition (note 3)

 

 

47,158

 

 

 

—

 

 

 

—

 

Offset of swaption against swap liability

   termination

 

 

—

 

 

 

10,852

 

 

 

—

 

Recognition of fair value of bareboat

   charters

 

 

—

 

 

 

—

 

 

 

16,200

 

Repayment of debt from sale-leaseback

   transaction proceeds

 

 

—

 

 

 

53,247

 

 

 

—

 

Settlement of GCI transaction fees paid by

   the Company (note 3)

 

 

15,224

 

 

 

—

 

 

 

—

 

Settlement of loans to affiliate, accrued

   interest and other intercompany

   balances on acquisition (note 3)

 

 

38,849

 

 

 

—

 

 

 

—

 

 

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the amounts shown in the consolidated statements of cash flows:

 

 

2018

 

 

2017

 

 

2016

 

Cash and cash equivalents

 

$

357,327

 

 

$

253,176

 

 

$

367,901

 

Restricted cash included in other assets (note 8)

 

 

14,067

 

 

 

14,060

 

 

 

14,059

 

Total cash, cash equivalents and restricted cash

 

$

371,394

 

 

$

267,236

 

 

$

381,960