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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current    
Cash and cash equivalents $ 87,255 $ 94,157
Restricted cash 1,380 750
Pool receivable from affiliates, net (note 11b) 9,084 24,598
Accounts receivable 18,187 33,789
Vessels held for sale (note 12) 0 33,802
Due from affiliates (note 11b) 46,306 48,712
Current portion of derivative assets (note 7) 116 875
Prepaid expenses 16,664 21,300
Total current assets 178,992 257,983
Vessels and equipment At cost, less accumulated depreciation of $500.3 million (2016 - $459.3 million) 1,554,055 1,605,372
Investment in and advances to equity accounted investments (note 5) 43,201 70,651
Derivative assets (note 7) 2,920 4,538
Intangible assets At cost, less accumulated amortization of $6.5 million (2016 - $4.8 million) 16,044 17,658
Other non-current assets 155 107
Goodwill 8,059 8,059
Total assets 1,803,426 1,964,368
Current    
Accounts payable 9,253 14,406
Accrued liabilities 26,157 28,663
Current portion of long-term debt (note 6) 150,254 171,019
Current portion of derivative liabilities (note 7) 265 1,108
Deferred revenue 6,174 4,455
Due to affiliates (note 11b) 31,993 36,297
Total current liabilities 224,096 255,948
Long-term debt (note 6) 671,532 761,997
Other long-term liabilities (note 8) 17,829 13,683
Total liabilities 913,457 1,031,628
Commitments and contingencies (notes 5, 6 and 7)
Equity    
Common stock and additional paid-in capital (300.0 million shares authorized, 142.2 million Class A and 37.0 million Class B shares issued and outstanding as of June 30, 2017 and 136.1 million Class A and 23.2 million Class B shares issued and outstanding as of December 31, 2016) (note 10) 1,143,353 1,103,304
Accumulated deficit (253,384) (182,680)
Entities under Common Control Equity (note 3) 0 12,116
Total equity 889,969 932,740
Total liabilities and equity $ 1,803,426 $ 1,964,368