Acquisition of GCI (Tables)

12 Months Ended

Dec. 31, 2018

Business Combinations [Abstract]

Schedule of Aggregate Purchase Price

The aggregate purchase price was $498,050,000, comprised of:

Cash	$	331,904
1,986,449 of the Company's Series D preferred shares		47,158
2,514,996 of the Company's Class A common shares		13,908
Settlement of intercompany balances		41,279
Carrying value of previously held equity interest		61,891
Transaction fees		1,910
Aggregate purchase price	$	498,050

Summary of Value of Attributed to Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the value attributed to the identifiable assets acquired and liabilities assumed;

Cash and cash equivalents	$	70,121
Current assets		5,316
Vessels		1,369,628
Vessels under construction		28,924
Other assets		107,407
Total assets acquired		1,581,396
Debt assumed		1,038,081
Current liabilities		31,115
Other long-term liabilities		14,150
Net assets acquired	$	498,050