Global ship lease, inc. (GSL)
Balance Sheet / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Class of Stock
Class of Stock
Class A Common Stock [Member]
Class B Common Stock [Member]
Series B Preferred Shares [Member]
Assets
Cash and cash equivalents

73,266

54,243

53,591

33,295

24,536

26,145

25,814

28,360

Restricted cash (note 13)

-

-

-

-

3

3

-

-

Restricted cash (note 13)

-

-

-

-

-

-

3,027

-

Restricted cash (note 15)

-

-

-

-

-

-

-

3,027

Accounts receivable

72

29

87

1,244

7,006

14,417

13,911

7,341

Due from related party (note 9)

1,932

906

2,124

-

-

-

-

-

Prepaid expenses

918

1,146

1,101

609

5,337

795

-

-

Prepaid expenses

-

-

-

-

-

-

726

712

Other receivables

458

52

118

996

115

1,165

839

264

Inventory

742

553

610

553

-

-

-

-

Deferred tax

-

-

-

-

-

-

19

265

Current portion of deferred financing costs (note 7)

-

-

-

-

1,391

1,493

1,168

1,009

Total current assets

77,388

56,929

57,631

36,697

38,388

44,018

45,504

40,978

Vessels in operation (note 4)

597,779

719,110

846,939

836,537

817,875

856,394

-

-

Other fixed assets

10

7

5

6

7

29

-

-

Intangible assets (note 5)

7

16

39

67

95

-

-

-

Other long term assets (note 7)

-

195

306

407

-

-

-

10

Intangible assets (note 5)

-

-

-

-

-

73

-

-

Vessels in operation (note 4)

-

-

-

-

-

-

890,249

922,498

Other fixed assets

-

-

-

-

-

-

54

-

Intangible assets - vessel purchase options (note 7)

-

-

-

-

-

-

-

13,645

Intangible assets - other (note 5)

-

-

-

-

-

-

92

26

Deferred tax

-

-

-

-

-

-

10

-

Deferred financing costs (note 7)

-

-

-

-

1,882

3,166

3,626

3,865

Total non-current assets

597,796

719,328

847,289

837,017

819,859

859,662

894,031

940,044

Total Assets

675,184

776,257

904,920

873,714

858,247

903,680

939,535

981,022

Liabilities and Stockholders Equity
Liabilities
Current portion of long-term debt (note 7)

40,000

31,026

35,160

-

-

-

-

-

Current portion of long-term debt (note 9)

-

-

-

-

-

50,572

46,000

44,500

Intangible liability charter agreements (note 6)

1,771

1,807

2,104

2,119

2,119

2,119

2,119

2,119

Deferred revenue

2,178

1,940

796

462

-

-

-

-

Accounts payable

1,486

963

622

2,123

1,289

5,353

1,286

1,391

Due to related party (note 9)

2,813

1,315

1,256

-

-

-

-

-

Accrued expenses

8,788

11,664

13,694

15,278

6,887

5,419

4,953

5,575

Derivative instruments (note 6)

-

-

-

-

8,776

12,225

15,920

17,798

Total current liabilities

57,036

48,715

53,632

19,982

69,181

75,688

70,278

71,383

Long-term debt (note 7)

358,515

388,847

442,913

401,869

-

-

-

-

Long-term debt (note 9)

-

-

-

-

-

375,104

437,612

488,269

Series A Preferred shares (note 13)

-

-

-

-

44,976

44,976

48,000

-

Preferred shares (note 15)

-

-

-

-

-

-

-

48,000

Intangible liability charter agreements (note 6)

8,011

9,782

11,589

13,693

15,812

17,931

20,050

22,169

Deferred tax liability

17

20

20

34

43

27

-

-

Derivative instruments (note 6)

-

-

-

-

12,513

23,366

29,395

26,637

Total long-term liabilities

366,543

398,649

454,522

415,596

389,600

461,404

535,057

585,075

Total Liabilities

423,579

447,364

508,154

435,578

458,781

537,092

605,335

656,458

Commitments and contingencies (note 10)

0

0

0

0

0

0

0

0

Stockholders Equity
Additional paid in capital

386,748

386,708

386,425

386,350

352,676

-

-

-

Additional paid in capital

-

-

-

-

-

352,316

351,856

351,295

Accumulated deficit

-135,693

-58,365

9,792

51,237

46,241

13,723

-18,205

-27,276

Total Stockholders Equity

251,605

328,893

396,766

438,136

399,466

366,588

334,200

324,564

Total Liabilities and Stockholders Equity

675,184

776,257

904,920

873,714

858,247

903,680

939,535

981,022