XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net cash provided by operating activities $ 119,866,000 $ 108,835,000
Cash flows from investing activities:    
Capital expenditures (168,172,000) (156,802,000)
Purchases of marketable securities 0 (19,414,000)
Sales and maturities of marketable securities 17,901,000 146,265,000
Net cash used in investing activities (150,271,000) (29,951,000)
Cash flows from financing activities:    
Borrowings under the Credit Facility 22,207,000 129,431,000
Payment of deferred financing fees (1,533,000) (8,158,000)
Restricted cash deposits (22,126,000) (11,094,000)
Proceeds from exercise of stock options 1,572,000 80,000
Tax payment upon settlement of stock awards (1,753,000) (586,000)
Net cash provided by (used in) financing activities (5,492,000) 101,955,000
Effect of exchange rate changes on cash and cash equivalents (71,000) 477,000
Net increase (decrease) in cash and cash equivalents (35,968,000) 181,316,000
Cash and cash equivalents, beginning of period 371,167,000 185,665,000
Cash and cash equivalents, end of period 335,199,000 366,981,000
Supplemental cash flow information:    
Interest paid 42,458,000 10,985,000
Income taxes paid, net 1,312,000 735,000
Supplemental disclosure of non-cash investing activities:    
Property and equipment received but not paid for yet 152,722,000 5,388,000
Interest capitalized but not paid 14,272,000 13,314,000
Capitalized amortization of deferred financing costs 10,600,000 9,156,000
Capitalized paid-in-kind interest 253,000 25,136,000
Capitalized stock-based compensation 1,561,000 1,304,000
Series A Preferred Stock [Member]    
Cash flows from financing activities:    
Payment of Preferred Stock dividends (1,750,000) (3,500,000)
Supplemental disclosure of non-cash financing activities:    
Dividends Payable 292,000 292,000
Series B Preferred Stock [Member]    
Cash flows from financing activities:    
Payment of Preferred Stock dividends (2,109,000) (4,218,000)
Supplemental disclosure of non-cash financing activities:    
Dividends Payable $ 352,000 $ 352,000