| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||||
Net income/(loss) | ||||||||||||||||||||||
66,462 | 24,614 | -24,274 | -50,945 | -38,458 | -30,569 | -34,307 | -20,400 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net loss | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 114,744 | - | 118,355 | 72,691 | 35,246 | 25,260 | 0 | 0 | 0 |
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: | ||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||
65,518 | 65,238 | 65,202 | 65,201 | 65,238 | 65,274 | 65,301 | 65,329 | 65,337 | 65,257 | 65,157 | 65,057 | 64,838 | 61,989 | 53,927 | 42,591 | 31,323 | 21,753 | 16,484 | 14,093 | 0 | 0 | 0 |
Amortization of financing costs | ||||||||||||||||||||||
2,951 | 3,018 | 3,087 | 3,136 | 5,304 | 6,205 | 7,200 | 7,506 | 5,474 | 4,714 | 3,859 | 3,709 | 3,765 | 3,757 | 3,223 | 2,499 | 1,690 | 960 | 777 | 830 | 0 | 0 | 0 |
Unrealized (gain)/loss on derivatives | ||||||||||||||||||||||
-9,197 | -17,313 | -15,594 | -7,816 | 2,458 | 12,898 | 12,499 | 8,421 | 3,004 | 23,614 | 29,491 | 27,491 | 13,956 | -3,034 | -14,674 | -8,917 | 3,359 | -4,049 | 2,752 | 1,331 | 0 | 0 | 0 |
Stock-based compensation expense | ||||||||||||||||||||||
4,136 | 4,715 | 5,149 | 5,476 | 5,348 | 5,396 | 5,246 | 5,138 | 5,124 | 5,007 | 4,900 | 4,385 | 4,240 | 4,368 | 4,165 | 4,052 | 3,837 | 3,307 | 3,199 | 2,311 | 0 | 0 | 0 |
Loss on disposal of assets | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,125 | 0 | 0 | 0 | - | - | - | - |
Gain on early extinguishment of debt | ||||||||||||||||||||||
- | - | - | - | - | - | - | 4,117 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Unrealized foreign currency (gain)/loss, net | ||||||||||||||||||||||
-86 | -293 | -163 | -303 | -364 | -298 | -144 | 63 | 265 | -17 | -59 | -222 | -120 | 69 | -291 | -96 | -612 | -1,061 | -1,017 | -1,244 | 0 | 0 | 0 |
Other non-cash items, net | ||||||||||||||||||||||
1,180 | 714 | 274 | 48 | -188 | -159 | -152 | -144 | -126 | -100 | -300 | -305 | -333 | -333 | -138 | -138 | 0 | 0 | 0 | - | - | - | - |
Changes in operating assets and liabilities | ||||||||||||||||||||||
Trade receivables, net and accrued revenue | ||||||||||||||||||||||
834 | 1,246 | 1,646 | 1,047 | -231 | -198 | 7 | 325 | -1,142 | 181 | -86 | -96 | -11,159 | -11,637 | -7,206 | -22,739 | 2,569 | 3,437 | 1,605 | 21,018 | 0 | 0 | 0 |
Prepaid expenses and other current assets | ||||||||||||||||||||||
312 | 556 | -181 | 537 | 515 | 733 | 87 | 579 | 594 | -527 | 404 | -343 | -1,954 | 304 | 456 | 467 | 2,496 | 987 | 1,234 | 1,437 | 0 | 0 | 0 |
Due from related parties | ||||||||||||||||||||||
13,409 | 25,600 | 31,096 | 17,574 | 26,090 | 16,673 | -3,533 | -15,576 | 7,142 | -4,508 | -6,032 | -9,847 | -29,526 | 10,125 | 42,996 | 71,717 | 73,702 | 40,575 | 18,764 | -1,252 | 0 | 0 | 0 |
Inventories | ||||||||||||||||||||||
75 | 175 | -694 | 98 | 127 | -395 | 373 | -567 | -867 | 471 | 326 | 292 | 762 | -1,168 | -238 | -1,087 | -1,339 | -406 | 868 | 2,317 | 0 | 0 | 0 |
Other non-current assets | ||||||||||||||||||||||
534 | 893 | 520 | 131 | 5 | 8 | 1 | 10 | -10 | -13 | -15 | -19 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Trade accounts payable | ||||||||||||||||||||||
3,135 | 103 | 162 | 793 | -506 | 1,474 | 3,382 | -561 | 1,134 | 808 | -1,555 | 743 | -3,802 | 424 | 326 | 1,044 | 2,940 | 221 | 2,025 | 2,731 | 0 | 0 | 0 |
Accrued expenses and other liabilities | ||||||||||||||||||||||
-8,326 | -5,748 | -3,091 | -2,999 | 4,015 | -1,705 | -3,335 | -2,406 | -3,306 | 377 | -457 | -1,172 | 2,576 | 5,317 | 7,437 | 9,045 | 0 | 0 | 0 | - | - | - | - |
Accrued expenses and other liabilities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Due to related parties | ||||||||||||||||||||||
0 | 26 | -18 | 144 | -44 | -812 | -3 | 334 | -500 | 290 | -559 | -697 | -0 | -2 | -26 | 183 | 39 | 51 | 288 | 411 | 0 | 0 | 0 |
Payments for drydocking costs | ||||||||||||||||||||||
3,158 | 1,451 | 1,178 | 604 | 579 | 322 | 67 | 461 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 538 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||||
123,657 | 78,936 | 28,136 | 8,883 | 11,905 | 15,679 | 34,279 | 57,249 | 43,845 | 39,674 | 34,732 | 52,103 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Cash flows from investing activities: | ||||||||||||||||||||||
Net cash provided by operating activities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 86,814 | 64,547 | 39,036 | 25,623 | 0 | 0 | 0 |
Vessel-related capital expenditures | ||||||||||||||||||||||
13,639 | 6,972 | 5,359 | 3,972 | 2,703 | 1,144 | 81 | 297 | 452 | 856 | 946 | 1,911 | 57,754 | 419,081 | 692,227 | 895,063 | 858,460 | 607,377 | 457,056 | 314,173 | 0 | 0 | 0 |
Restricted cash deposits | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,602 | 0 | 0 | 0 | - | - | - | - |
Proceeds from disposal of assets | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,713 | 0 | 0 | 0 | - | - | - | - |
Payments to acquire other fixed assets | ||||||||||||||||||||||
0 | 0 | 0 | - | - | - | - | - | - | - | - | 8 | 25 | 166 | 271 | 462 | 0 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||
-12,323 | -7,637 | -6,007 | -4,520 | -3,338 | -1,210 | -220 | -437 | -459 | -950 | -954 | -1,919 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Cash flows from financing activities: | ||||||||||||||||||||||
Payments to acquire other fixed assets | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Net cash used in investing activities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -902,677 | -645,308 | -458,488 | -312,326 | 0 | 0 | 0 |
Proceeds from long-term debt borrowings | ||||||||||||||||||||||
- | - | - | 65,137 | 177,137 | 229,137 | 229,137 | 261,000 | 0 | 0 | 0 | - | - | - | - | 676,819 | 0 | 0 | 0 | - | - | - | - |
Repayment of long-term debt borrowings | ||||||||||||||||||||||
63,968 | 63,968 | 63,968 | 130,205 | 197,392 | 226,093 | 213,484 | 251,994 | 186,433 | 157,111 | 171,346 | 66,265 | 68,502 | 63,724 | 53,633 | 40,794 | 24,466 | 15,152 | 11,152 | 9,612 | 0 | 0 | 0 |
Purchase of treasury stock | ||||||||||||||||||||||
15,884 | 7,308 | 1,117 | 1,310 | 1,374 | 1,374 | 1,331 | 1,220 | 1,084 | 1,184 | 1,449 | 12,953 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Financing costs paid | ||||||||||||||||||||||
- | - | - | 628 | 739 | 908 | 733 | 3,113 | 3,002 | 2,832 | 2,598 | 99 | 880 | 5,623 | 9,814 | 13,990 | 0 | 0 | 0 | - | - | - | - |
Cash proceeds from common share issuances | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 155,830 | 0 | 0 | 0 |
Payments relating to issuance costs | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,388 | 0 | 0 | 0 |
Net cash used in financing activities | ||||||||||||||||||||||
-79,893 | -71,299 | -65,553 | -67,005 | -22,368 | 771 | 13,587 | 4,671 | -41,521 | -64,139 | -78,395 | -79,318 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Effects of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
-81 | -210 | -153 | -253 | -331 | -287 | -156 | -8 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||||||||
31,358 | -211 | -43,577 | -62,895 | -14,133 | 14,953 | 47,490 | 61,475 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Effects of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net cash (used in)/provided by financing activities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 655,765 | 379,221 | 180,105 | 213,694 | 0 | 0 | 0 |
Effects of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -671 | -1,130 | -1,086 | -1,301 | 0 | 0 | 0 |
Net increase/(decrease) in cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 9,804 | -36,762 | -87,394 | -158,409 | -160,769 | -202,669 | -240,433 | -74,310 | 0 | 0 | 0 |