| Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | |
|---|---|---|---|---|---|---|
Net loss | ||||||
- | -43,570 | -44,221 | 0 | 0 | 0 | |
Adjustments to reconcile net (loss)/income to net cash (used in)/ provided by operating activities: | ||||||
Vessel depreciation | ||||||
6,304 | 8,771 | 8,788 | 0 | 0 | 0 | |
Amortization of deferred charges | ||||||
556 | 590 | 613 | 0 | 0 | 0 | |
Share-based compensation | ||||||
228 | 266 | 294 | 0 | 0 | 0 | |
Gain on sale of vessel (including $53,871 and $64,500 to related party) | ||||||
516 | 527 | 10 | 0 | 0 | 0 | |
Equity loss in joint venture | ||||||
- | 0 | - | 0 | 0 | 0 | |
Unrealized loss / (gain) on derivative | ||||||
163 | 147 | 12 | 0 | 0 | 0 | |
Other investment income | ||||||
- | 0 | - | - | - | 0 | |
Changes in operating assets and liabilities | ||||||
- | 0 | - | - | - | 0 | |
Net cash (used in)/provided by operating activities | ||||||
- | -1,120 | -832 | 0 | 0 | 0 | |
Cash paid for vessels under construction and vessel acquisition | ||||||
- | 0 | - | - | - | 0 | |
Proceeds from sale of vessels | ||||||
5,137 | 7,783 | 4,196 | 0 | 0 | 0 | |
Net cash used in investing activities | ||||||
- | -1,598 | -23,133 | 0 | 0 | 0 | |
Cash flows from financing activities: | ||||||
Proceeds from issuance of common stock, net of commissions paid | ||||||
- | 0 | - | - | - | 0 | |
Loan arrangement fees paid | ||||||
237 | 324 | 790 | 0 | 0 | 0 | |
Offering expenses paid | ||||||
275 | 208 | 82 | 0 | 0 | 0 | |
Proceeds from long-term bank loans | ||||||
4,750 | 10,862 | 28,300 | 0 | 0 | 0 | |
Repayment of long-term bank loans | ||||||
0 | 0 | - | - | 0 | 0 | |
Repayment of related party loan | ||||||
0 | 0 | - | - | 0 | 0 | |
Net cash (used in) / provided by financing activities | ||||||
- | 8,507 | 14,131 | 0 | 0 | 0 | |
Net increase in cash and cash equivalents and restricted cash | ||||||
0 | 0 | - | - | 0 | 0 | |