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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current    
Cash and cash equivalents $ 88,824 $ 54,917
Restricted cash (note 18) 3,071 2,153
Pool receivables from affiliates, net (note 16h) 0 56,549
Accounts receivable, including affiliate balances of $nil (2018 - $2.1 million) (notes 1 and 2) 95,648 17,365
Assets held for sale (note 21) 65,458 0
Due from affiliates (note 16f) 697 39,663
Current portion of derivative assets (note 13) 577 2,905
Bunker and lube oil inventory (note 1) 49,790 23,179
Prepaid expenses 10,288 10,917
Accrued revenue (notes 2 and 3) 106,872 17,943
Total current assets 421,225 225,591
Restricted cash - long-term (note 18) 3,437 3,437
Vessels and equipment At cost, less accumulated depreciation of $537.1 million (2018 - $494.4 million) (notes 11 and 21) 1,223,085 1,401,551
Vessels related to finance leases At cost, less accumulated depreciation of $143.7 million (2018 - $111.3 million) (notes 12 and 21) 527,081 482,010
Operating lease right-of-use asset (notes 2 and 12) 19,560 0
Vessels and equipment At cost, less accumulated depreciation of $537.1 million (2018 - $494.4 million) (notes 11 and 21) 1,769,726 1,883,561
Investment in and advances to equity-accounted for investment (note 7) 28,112 25,766
Derivative assets (note 13) 82 2,973
Other non-current assets 1,923 74
Intangible assets At cost, less accumulated depreciation of $13.1 million (2018 - $10.9 million) (note 8) 2,545 11,625
Goodwill (note 8) 2,426 8,059
Total assets 2,229,476 2,161,086
Current    
Accounts payable, including affiliate balances of $nil (2018 - $0.6 million) 70,978 11,146
Accrued liabilities (notes 9, 13 and 16f) 59,735 40,856
Short-term debt (note 10) 50,000 0
Current portion of long-term debt (note 11) 43,573 106,236
Current portion of derivative liabilities (note 13) 86 57
Current obligation related to finance leases (note 12) 25,357 20,896
Current obligation of operating lease liabilities (notes 2 and 12) 16,290 0
Due to affiliates (note 16f) 2,139 18,570
Liabilities associated with assets held for sale (note 21) 2,980 0
Other current liabilities 8,567 0
Total current liabilities 279,705 197,761
Long-term debt (note 11) 516,106 629,170
Long-term obligation related to finance leases (note 12) 389,431 354,393
Long-term operating lease liabilities (notes 2 and 12) 3,270 0
Other long-term liabilities (note 22) 51,044 32,829
Total liabilities 1,239,556 1,214,153
Commitments and contingencies (notes 7, 10, 11, 12 and 13)  
Equity    
Common stock and additional paid-in capital (585.0 million shares authorized, 29.0 million Class A and 4.6 million class B shares issued and outstanding as at December 31, 2019 and December 31, 2018) (notes 5 and 15) 1,297,555 1,295,929
Accumulated deficit (307,635) (348,996)
Total equity 989,920 946,933
Total liabilities and equity $ 2,229,476 $ 2,161,086