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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net income (loss) attributable to NextDecade Corporation $ 902 $ (12,043)
Adjustment to reconcile net income (loss) to net cash used in operating activities    
Depreciation 16 41
Share-based compensation expense (forfeiture) (1,860) 5,338
Gain (loss) on Common Stock Warrant liabilities (8,339) 197
Gain on investment securities (184)
Realized loss (gain) on investment securities 423 (11)
Amortization of right-of-use assets 324 184
Amortization of other non-current assets 177
Changes in operating assets and liabilities:    
Prepaid expenses (218) (471)
Accounts payable (28) 295
Operating lease liabilities (271) (205)
Accrued expenses and other liabilities (5,364) (1,148)
Net cash used in operating activities (14,238) (8,007)
Investing activities:    
Acquisition of property, plant and equipment (13,826) (5,883)
Acquisition of other non-current assets (6,107)
Proceeds from sale of investment securities 61,972 17,000
Purchase of investment securities (188) (439)
Net cash provided by investing activities 41,851 10,678
Financing activities:    
Proceeds from sale of Rio Bravo 15,000
Preferred stock dividends (13) (11)
Shares repurchased related to share-based compensation (57) (260)
Net cash provided by (used in) financing activities 14,930 (271)
Net increase in cash and cash equivalents 42,543 2,400
Cash and cash equivalents – beginning of period 15,736 3,169
Cash and cash equivalents – end of period 58,279 5,569
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 3,341 864
Accrued liabilities for acquisition of property, plant and equipment 7,862 1,091
Non-cash financing activities:    
Paid-in-kind dividends on Series A and Series B Convertible Preferred Stock 3,430 2,491
Dividends payable on Series A and Series B Convertible Preferred Stock charged to additional paid-in capital 2,481
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 76 $ 551