XML 20 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and Cash Equivalents $ 29,224 $ 19,868
Restricted Cash 15,825 8,000
Accounts Receivable, Net of Allowance for Doubtful Accounts 29,040 32,891
Net Investment in Direct Financing Leases   3,540
Other Current Assets 9,021 8,392
Notes Receivable 4,248 4,383
Material and Supplies Inventory 11,289 11,847
Total Current Assets 98,647 88,921
Investment in Unconsolidated Entities 12,698 12,676
Net Investment in Direct Financing Leases   13,461
Vessels, Property, and Other Equipment, at Cost:    
Vessels 578,516 525,172
Building 1,211 1,211
Land 623 623
Leasehold Improvements 26,348 26,348
Construction in Progress 2,836 10
Furniture and Equipment 11,535 11,614
Gross Vessels, Property, and Other Equipment 621,069 564,978
Less - Accumulated Depreciation (167,809) (151,318)
Net Vessels, Property, Plant and Equipment 453,260 413,660
Other Assets:    
Deferred Charges, Net of Accumulated Amortization of $17,262 and $15,821 in 2013 and 2012, Respectively 31,328 19,892
Intangible Assets, Net of Accumulated Amortization 29,785 45,784
Due from Related Parties 1,688 1,709
Notes Receivable 28,460 33,381
Goodwill 2,771 2,700
Other 7,721 5,509
Other Assets Total 101,753 108,975
TOTAL ASSETS 666,358 637,693
Current Liabilities:    
Current Maturities of Long-Term Debt 19,164 26,040
Accounts Payable and Accrued Liabilities 63,539 50,896
Total Current Liabilities 82,703 76,936
Long-Term Debt, Less Current Maturities 186,118 211,590
Other Long-Term Liabilities:    
Lease Incentive Obligation 5,585 6,150
Other 77,750 80,718
TOTAL LIABILITIES 352,156 375,394
Stockholders' Equity:    
Common Stock, $1.00 Par Value, 20,000,000 Shares Authorized, 7,248,350 and 7,203,935 Shares Outstanding at September 30, 2013 and December 31, 2012, Respectively 8,669 8,632
Additional Paid-In Capital 139,744 86,362
Retained Earnings 212,418 217,654
Treasury Stock, 1,388,066 Shares at September 30, 2013 and December 31, 2012, Respectively (25,403) (25,403)
Accumulated Other Comprehensive Loss (21,792) (24,946)
TOTAL STOCKHOLDERS' EQUITY 314,202 262,299
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 666,358 637,693
9.50% Series A Preferred Stock [Member]
   
Stockholders' Equity:    
Preferred Stock, $1.00 Par Value 250  
9.00% Series B Preferred Stock [Member]
   
Stockholders' Equity:    
Preferred Stock, $1.00 Par Value $ 316