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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Net income (loss) $ (170,649) $ (8,268)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Net realized and unrealized (gain) loss on derivatives and foreign exchange 13,396 (6,759)
Unrealized (depreciation) appreciation on investments allocable to noncontrolling interests (16,816) (8,776)
Net realized and unrealized (gain) loss on investments 124,337 (4,715)
Depreciation and net amortization 26,483 14,632
Net realized and unrealized (gain) loss on debt 63,975 88,793
Net realized and unrealized (gain) loss on debt to affiliates 2,984 0
Changes in assets and liabilities:    
Interest receivable 6,397 19,676
Other assets (9,599) (23,241)
Related party payable (1,697) (571)
Accounts payable, accrued expenses and other liabilities (15,117) (4,731)
Accrued interest payable 1,313 7,805
Net cash provided by (used in) operating activities 25,007 73,845
Cash flows from investing activities    
Principal payments from corporate loans 767,143 835,195
Principal payments from securities 25,034 7,961
Proceeds from sales of corporate loans 915,725 879,010
Proceeds from sales of securities 115,464 137,617
Proceeds from equity and other investments 105,263 11,869
Purchases of corporate loans (649,320) (953,586)
Purchases of securities (5,068) (9,387)
Purchases of equity and other investments (60,278) (49,706)
Net change in proceeds, purchases and settlements of derivatives 17,233 8,711
Net change in restricted cash and cash equivalents (328,107) (456,140)
Net cash provided by (used in) investing activities 903,089 411,544
Cash flows from financing activities    
Issuance of collateralized loan obligation secured notes 0 539,746
Retirement of collateralized loan obligation secured notes (847,764) (743,048)
Distributions on common shares (62,888) (89,453)
Distributions on preferred shares (13,782) (13,782)
Capital distributions to noncontrolling interests (6,849) 0
Capital contributions from noncontrolling interests 5,049 2,455
Other capitalized costs 0 (3,914)
Net cash provided by (used in) financing activities (926,234) (307,996)
Net increase (decrease) in cash and cash equivalents 1,862 177,393
Cash and cash equivalents at beginning of period 320,122 163,405
Cash and cash equivalents at end of period 321,984 340,798
Supplemental cash flow information    
Cash paid for interest 87,614 83,937
Net cash paid (refunded) for income taxes 23 103
Non-cash investing and financing activities    
Assets distributed to Parent (131,963) 0
Redemption of CLO 2007-A subordinated notes (15,587) 0
Preferred share distributions declared, not yet paid 6,891 6,891
CLO Warehouse Facility    
Cash flows from financing activities    
Proceeds from credit facilities 0 190,000
Repayment of collateralized loan obligation warehouse facility $ 0 $ (190,000)