Acquisition of GCI (Tables) - Seaspan [Member]

12 Months Ended

Dec. 31, 2019

Business Acquisition [Line Items]

Schedule of Aggregate Purchase Price

The aggregate purchase price was $498,050,000, comprised of:

Cash	$	331.9
1,986,449 of the Company's Series D preferred shares		47.2
2,514,996 of the Company's Class A common shares		13.9
Settlement of intercompany balances		41.3
Carrying value of previously held equity interest		61.9
Acquisition related transaction fees		1.9
Aggregate purchase price	$	498.1

Summary of Value of Attributed to Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the value attributed to the identifiable assets acquired and liabilities assumed;

Cash and cash equivalents	$	70.1
Current assets		5.3
Vessels		1,369.8
Vessels under construction		28.9
Other assets		107.4
Total assets acquired		1,581.5
Debt assumed		1,038.1
Current liabilities		31.1
Other long-term liabilities		14.2
Net assets acquired	$	498.1