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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net loss $ (16,721,000) $ (95,898,000)
Items included in net loss not affecting cash flows:    
Depreciation and amortization 56,708,000 53,745,000
Loss on write-down of vessels and other assets 0 17,367,000
Amortization of debt discount and other deferred financing costs 5,373,000 4,434,000
Deferred financing costs write-off 343,000 2,400,000
Stock compensation, non-cash 2,912,000 2,203,000
Earnings of affiliated companies (24,945,000) (22,965,000)
Other - net 538,000 436,000
Items included in net loss related to investing and financing activities:    
Loss/(gain) on disposal of vessels and other property, net 28,000 (174,000)
Loss on repurchase of debt 100,000 1,295,000
Cash distributions from affiliated companies 10,214,000 39,767,000
Payments for drydocking (13,539,000) (3,968,000)
Insurance claims proceeds related to vessel operations 967,000 5,125,000
Changes in operating assets and liabilities:    
Decrease/(increase) in receivables 19,165,000 (15,759,000)
Decrease in deferred revenue (25,000) (903,000)
Net change in inventories, prepaid expenses and other current assets, accounts payable, accrued expenses and other current and long-term liabilities 2,238,000 14,742,000
Net cash provided by operating activities 43,356,000 1,847,000
Cash Flows from Investing Activities:    
Expenditures for vessels and vessel improvements (9,797,000) (135,215,000)
Proceeds from disposal of vessels and other property, net 15,762,000 132,886,000
Expenditures for other property (406,000) (333,000)
Investments in and advances to affiliated companies, net 2,104,000 2,891,000
Repayments of advances from affiliated companies 4,836,000 95,987,000
Net cash provided by investing activities 12,499,000 96,216,000
Cash Flows from Financing Activities:    
Issuance of debt, net of issuance and deferred financing costs   70,266,000
Extinguishment of debt (10,000,000) (62,069,000)
Payments on debt (38,531,000) (52,596,000)
Premium on extinguishment of debt (100,000)  
Cash paid to tax authority upon vesting of stock-based compensation (369,000) (410,000)
Other - net (277,000)  
Net cash used in financing activities (49,277,000) (44,809,000)
Net increase in cash, cash equivalents and restricted cash 6,578,000 53,254,000
Cash, cash equivalents and restricted cash at beginning of year 117,644,000 70,606,000
Cash, cash equivalents and restricted cash at end of period $ 124,222,000 $ 123,860,000