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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities:      
Net Income $ 31,549 $ 15,302 $ 42,221
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation 26,391 18,898 21,020
Amortization of Deferred Charges and Other Assets 8,954 6,569 9,878
Deferred Benefit for Income Taxes 0 (1,982) (3,845)
Gain on Dry Bulk Transaction (18,844) 0 0
Impairment Loss 0 25,430 2,899
Non-Cash Stock Based Compensation 1,801 2,341 1,834
Equity in Net Loss(Income) of Unconsolidated Entities 410 (9,282) (6,959)
Distributions from Unconsolidated Entities 750 3,000 3,000
(Gain) Loss on Sale of Assets 0 (42) 2,209
Loss (Gain) on Sale of Investments 747 (213) (980)
Loss on Foreign Currency Exchange 3,051 8,196 0
Changes in:      
Deferred Drydocking Charges (6,803) (2,516) (15,960)
Accounts Receivable (1,290) 4,737 1,649
Inventories and Other Current Assets (1,200) (1,287) 704
Other Assets 669 1,337 (913)
Accounts Payable and Accrued Liabilities 3,133 3,906 6,059
Other Long-Term Liabilities (3,045) 2,195 (135)
Net Cash Provided by Operating Activities 46,273 64,387 62,681
Cash Flows from Investing Activities:      
Principal payments received under Direct Financing Leases 5,583 5,522 7,763
Capital Improvements to Vessels and Other Assets (109,631) (123,146) (80,303)
Proceeds from Sale of Assets 0 3,853 5,020
Purchase of Marketable Securities (74) (11,008) 14,796
Proceeds from Sale of Marketable Securities 2,413 9,615 3,529
Investment in Unconsolidated Entities (2,545) (4,949) (6,250)
Acquisition of Unconsolidated Entity 7,092 0 0
Net Increase in Restricted Cash Account (8,907) 0 0
Proceeds from Sale of Unconsolidated Entity 526 0 0
Proceeds from Note Receivables 4,735 5,167 1,082
Net Cash Used In Investing Activities (100,808) (114,946) (83,995)
Cash Flows from Financing Activities:      
Common Stock Repurchase 0 (5,231) 0
Proceeds from Issuance of Debt 135,330 153,476 41,617
Repayment of Debt (66,498) (108,029) (14,175)
Additions to Deferred Financing Charges (1,788) (1,155) (235)
Common Stock Dividends Paid (10,981) (11,882) (14,479)
Net Cash Provided by Financing Activities 56,063 27,179 12,728
Net Increase (Decrease) in Cash and Cash Equivalents 1,528 (23,380) (8,546)
Cash and Cash Equivalents at Beginning of Period 19,909 43,289 51,835
Cash and Cash Equivalents at End of Period $ 21,437 $ 19,909 $ 43,289