| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||
Net Loss | ||||||
-29,326 | -32,151 | -10,844 | 6,931 | -70 | ||
Reconciliation of Net Loss to Net Cash (Used In) Provided by Operating Activities | ||||||
Depreciation Costs | ||||||
17,480 | 16,053 | 14,379 | 11,393 | 262 | ||
Amortization of Deferred Finance Costs | ||||||
359 | 359 | 305 | 153 | 0 | ||
Overhaul of Engines Costs and Dry-dock | ||||||
341 | 151 | 575 | 392 | 0 | ||
Foreign currency loss | ||||||
12 | -31 | -78 | - | - | ||
Interest on time deposit | ||||||
- | - | - | 68 | 0 | ||
Foreign currency loss | ||||||
- | - | - | 430 | 0 | ||
Changes in Operating Assets and Liabilities | ||||||
Accounts Receivables | ||||||
606 | -2,485 | 872 | 1,943 | 1,160 | ||
Inventory | ||||||
270 | 446 | 560 | -84 | 319 | ||
Prepaid and Other Current Assets | ||||||
-262 | -2,603 | 2,244 | 1,300 | 554 | ||
Accounts Payable, Accrued Liabilities and Tax Payable | ||||||
-1,725 | -5,031 | 6,397 | 1,798 | 720 | ||
Accounts Payable, Related Party | ||||||
147 | -15 | -77 | 97 | 576 | ||
Net Cash (Used In) Provided by Operating Activities | ||||||
-14,032 | -16,262 | 5,987 | - | -545 | ||
Cash Flows from Investing Activities | ||||||
Net Cash (Used In) Provided by Operating Activities | ||||||
- | - | - | 17,183 | - | ||
Investment in Vessels | ||||||
830 | 61,583 | 63,529 | 133,279 | 133,027 | ||
Investment in Vessels | ||||||
830 | 61,583 | 63,529 | - | 133,027 | ||
Deposits on Contracts paid | ||||||
0 | 0 | 1,693 | 15,176 | 0 | ||
Cash placement in time deposit | ||||||
- | - | - | 45,000 | 0 | ||
Cash proceeds from time deposit | ||||||
- | - | - | 45,068 | 0 | ||
Net Cash Used in Investing Activities | ||||||
- | - | - | -148,387 | - | ||
Net Cash Used in Investing Activities | ||||||
-830 | -61,583 | -65,222 | - | -133,027 | ||
Cash Flows from Financing Activities | ||||||
Proceeds from Issuance of Common Stock | ||||||
48,336 | 0 | -17 | 100,199 | 243,391 | ||
Proceeds from Use of Credit Facility | ||||||
0 | 90,000 | 47,000 | 40,000 | 0 | ||
Repayments on Credit Facility | ||||||
- | - | - | 40,000 | 0 | ||
Credit Facility Costs | ||||||
0 | 0 | 1,217 | 765 | 0 | ||
Repurchase of Treasury Stock | ||||||
0 | 8,513 | 5,590 | 0 | - | ||
Dividends Paid | ||||||
4,933 | 5,997 | 21,922 | 31,221 | 0 | ||
Net Cash Provided by Financing Activities | ||||||
- | - | - | 68,213 | - | ||
Net Cash Provided by Financing Activities | ||||||
43,403 | 75,490 | 18,253 | - | 243,391 | ||
Net (Decrease)/Increase in Cash and Cash Equivalents | ||||||
28,541 | -2,355 | -40,982 | -62,991 | 109,819 | ||
Effect of Exchange Rate Changes on Cash and Cash Equivalents | ||||||
12 | -31 | -78 | -430 | 0 | ||
Cash Paid for Interest, Net of Amounts Capitalized | ||||||
4,417 | 2,803 | 1,365 | 832 | 0 | ||
Cash Paid for Tax | ||||||
0 | 214 | 0 | 0 | 0 | ||