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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net loss $ (1,860) $ (46,566)
Non-cash items:    
Depreciation and amortization 60,523 59,003
Gain on sale of vessel (note 16) 0 (170)
Unrealized loss (gain) on derivative instruments (note 9) 4,366 (3,283)
Equity income (note 5) (584) (624)
Other 6,538 5,467
Change in operating assets and liabilities 23,198 3,368
Expenditures for dry docking (27,815) (6,725)
Net operating cash flow 64,366 10,470
FINANCING ACTIVITIES    
Proceeds from long-term debt, net of issuance costs 16,421 45,659
Scheduled repayments of long-term debt (50,800) (66,333)
Prepayments of long-term debt (109,688) 0
Prepayments of short-term debt (note 7) (50,000) 0
Proceeds from financing related to sales and leaseback of vessels (note 8) 63,720 0
Scheduled repayments of obligations related to finance leases (note 8) (12,073) (3,503)
Cash dividends paid 0 (8,052)
Other (126) (92)
Proceeds from short-term debt (note 7) 65,000 0
Net financing cash flow (77,546) (32,321)
INVESTING ACTIVITIES    
Proceeds from sale of vessel (note 16) 0 589
Expenditures for vessels and equipment (6,545) (2,207)
Return of capital from equity-accounted for joint venture 0 746
Net investing cash flow (6,545) (872)
Decrease in cash, cash equivalents and restricted cash (19,725) (22,723)
Cash, cash equivalents and restricted cash, beginning of the period 60,507 75,710
Cash, cash equivalents and restricted cash, end of the period $ 40,782 $ 52,987