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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net loss attributable to NextDecade Corporation $ (12,050) $ (21,990)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 146 164
Share-based compensation expense (forfeiture) (759) (12,537)
(Gain) loss on common stock warrant liabilities (6,147) 965
Gain on investment securities 0 (276)
Realized loss (gain) on investment securities 423 (39)
Amortization of right-of-use assets 984 673
Amortization of other non-current assets 1,042 0
Changes in operating assets and liabilities:    
Prepaid expenses 61 323
Accounts payable (478) 84
Operating lease liabilities (710) (803)
Accrued expenses and other liabilities (5,258) 153
Net cash used in operating activities (22,746) (33,283)
Investing activities:    
Acquisition of property, plant and equipment (30,088) (18,609)
Acquisition of other non-current assets (9,390) 0
Proceeds from sale of investment securities 61,972 48,500
Purchase of investment securities (188) (16,106)
Net cash provided by investing activities 22,306 13,785
Financing activities:    
Proceeds from sale of Rio Bravo 15,000 0
Proceeds from equity issuance 0 20,945
Preferred stock dividends (41) (30)
Equity issuance costs 0 (95)
Shares repurchased related to share-based compensation (322) (650)
Net cash provided by financing activities 14,637 20,170
Net increase in cash and cash equivalents 14,197 672
Cash and cash equivalents – beginning of period 15,736 3,169
Cash and cash equivalents – end of period 29,933 3,841
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 479 964
Accrued liabilities for acquisition of property, plant and equipment 382 15,316
Pipeline assets obtained in exchange for other non-current liabilities 6,670 0
Non-cash financing activities:    
Accrued liabilities for equity issuance costs 0 103
Paid-in-kind dividends on Series A and Series B Convertible Preferred Stock 10,524 7,791
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 113 $ 1,324