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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net (loss)/ income $ (52,549) $ 41,805 $ 74,853
Adjustments to reconcile net (loss)/ income to net cash provided by operating activities:      
Depreciation and amortization 92,370 75,933 95,822
Vessel impairment losses 27,201 0 0
Loss on sale of securities 19,435 0 0
Gain on debt repayment (2,140) 0 0
Non cash accrued interest income and amortization of deferred revenue (5,717) 0 0
Amortization and write-off of deferred financing cost and discount 4,003 3,727 3,091
Amortization of deferred drydock and special survey costs 6,381 4,043 761
Equity in earnings of affiliates 59 (94) 0
Equity compensation expense 93 0 0
Changes in operating assets and liabilities:      
Net (increase)/ decrease in restricted cash (5,286) (426) 223
(Increase)/ decrease in accounts receivable (6,023) 9,279 3,020
(Increase)/ decrease in prepaid expenses and other current assets (303) 173 193
Decrease/(increase) in other long-term assets 61 20 (9)
Increase/ (decrease) in accounts payable 570 (1,118) 653
Increase/ (decrease) in accrued expenses 1,929 (1,107) (253)
(Decrease)/increase in deferred revenue (1,000) 1,786 1,313
Increase in amounts due to related parties 3,025 6,800 1,423
Increase in amounts due from related parties (20,089) 0 0
Payments for dry dock and special survey costs (5,493) (17,545) (9,429)
Net cash provided by operating activities 56,527 123,276 171,661
INVESTING ACTIVITIES:      
Acquisition of vessels (15,341) (147,830) (156,221)
Deposits for acquisition of vessels, net of transfers to vessel acquisitions 0 0 (10)
Investment in affiliates 0 (700) 0
Loans receivable from affiliates (450) (771) (470)
Release of restricted cash for vessel acquisitions 0 0 33,429
Proceeds from sale of securities 20,842 0 0
Net cash provided by / (used in) investing activities 5,051 (149,301) (123,272)
FINANCING ACTIVITIES:      
Cash distributions paid 0 (132,306) (138,994)
Net proceeds from issuance of general partner units 10 1,528 2,233
Proceeds from issuance of common units, net of offering costs 440 72,090 104,499
Proceeds from long-term debt 29,000 79,819 56,000
Net decrease/ (increase) in restricted cash 5,347 (6,409) 0
Repayment of long-term debt and payment of principal (104,624) (60,696) (7,060)
Deferred financing cost (1,141) (746) (918)
Net cash (used in)/provided by financing activities (70,968) (46,720) 15,760
Increase/ (decrease) in cash and cash equivalents (9,390) (72,745) 64,149
Cash and cash equivalents, beginning of period 26,750 99,495 35,346
Cash and cash equivalents, end of period 17,360 26,750 99,495
Supplemental disclosures of cash flow information      
Cash interest paid 26,694 26,787 25,870
Non cash financing activities      
Due to related parties 0 0 253
Acquisition of vessels 0 0 (253)
Equity compensation expense 93 0 0
Non cash investing activities      
Notes receivable 6,112 0 0
Accrued interest on loan receivable from affiliates $ 238 $ 0 $ 0