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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current    
Cash and cash equivalents $ 76,705 $ 54,917
Restricted cash – current (note 17) 2,341 2,153
Pool receivable from affiliates, net (note 14d) 562 56,549
Accounts receivable, including affiliate balances of $0.8 million (2018 - $2.1 million) (note 9) 52,245 17,365
Due from affiliates (note 14c) 1,634 39,663
Current portion of derivative assets (note 9) 1,878 2,905
Bunker and lube oil inventory (note 1) 50,473 23,179
Prepaid expenses 14,108 10,917
Other current assets 61,598 17,943
Total current assets 261,544 225,591
Restricted cash – long-term (note 17) 3,437 3,437
At cost, less accumulated depreciation of $551.3 million (2018 - $494.4 million) (note 6) 1,310,541 1,401,551
Vessels related to finance leases, at cost, less accumulated depreciation of $136.1 million (2018 - $111.3 million) (note 8) 525,597 482,010
Operating lease right-of-use assets (notes 2 and 8) 23,595 0
Total vessels and equipment 1,859,733 1,883,561
Investment in and advances to equity-accounted joint venture (note 5) 26,418 25,766
Derivative assets (note 9) 82 2,973
Other non-current assets 910 74
Intangible assets at cost, less accumulated amortization of $12.5 million (2018 - $10.9 million) 9,955 11,625
Goodwill 8,059 8,059
Total assets 2,170,138 2,161,086
Current    
Accounts payable, including affiliate balances of $nil (2018 - $0.6 million) 54,824 11,146
Accrued liabilities (note 14c) 46,519 40,856
Short-term debt (note 7) 50,000 0
Due to affiliates (note 14c) 1,241 18,570
Current portion of derivative liabilities (note 9) 0 57
Current portion of long-term debt (note 6) 101,295 106,236
Current obligations related to finance leases (note 8) 24,875 20,896
Current portion of operating lease liabilities (notes 2 and 8) 16,405 0
Other current liabilities 255 0
Total current liabilities 295,414 197,761
Long-term debt (note 6) 507,665 629,170
Long-term obligations related to finance leases (note 8) 396,059 354,393
Long-term operating lease liabilities (notes 2 and 8) 7,190 0
Other long-term liabilities (note 11) 37,474 32,829
Derivative liabilities (note 9) 49 0
Total liabilities 1,243,851 1,214,153
Equity    
Common stock and additional paid-in capital (585.0 million shares authorized, 232.0 million Class A and 37.0 million Class B shares issued and outstanding as of September 30, 2019 and 585.0 million shares authorized, 231.6 million Class A and 37.0 million Class B shares issued and outstanding as of December 31, 2018) (note 13) 1,296,993 1,295,929
Accumulated deficit (370,706) (348,996)
Total equity 926,287 946,933
Total liabilities and equity $ 2,170,138 $ 2,161,086