XML 64 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 218,290 $ 371,791
Restricted cash 5,755 25,953
Trade and other receivables, less allowance for doubtful accounts of $70 and $2,700 as of December 31, 2019 and December 31, 2018, respectively 110,180 111,266
Due from affiliate 125,972 132,951
Marine operating supplies 21,856 29,505
Assets held for sale 39,287  
Prepaid expenses and other current assets 15,956 11,836
Total current assets 537,296 683,302
Investments in, at equity, and advances to unconsolidated companies   1,039
Net properties and equipment 938,961 1,089,857
Deferred drydocking and survey costs 66,936 22,215
Other assets 36,335 31,326
Total assets 1,579,528 1,827,739
Current liabilities:    
Accounts payable 27,501 31,939
Accrued expenses 74,000 61,784
Due to affiliate 50,186 34,972
Current portion of long-term debt 9,890 8,568
Other current liabilities 24,100 21,092
Total current liabilities 185,677 158,355
Long-term debt 279,044 430,436
Other liabilities and deferred credits 98,397 94,025
Commitments and contingencies (Note 14)
Equity:    
Common stock of $0.001 par value, 125,000,000 shares authorized, 39,941,327 and 36,978,280 shares issued and outstanding at December 31, 2019 and 2018, respectively 40 37
Additional paid-in capital 1,367,521 1,352,388
Accumulated deficit (352,526) (210,783)
Accumulated other comprehensive income (loss) (236) 2,194
Total stockholders’ equity 1,014,799 1,143,836
Noncontrolling interests 1,611 1,087
Total equity 1,016,410 1,144,923
Total liabilities and equity $ 1,579,528 $ 1,827,739