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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Net income [1] $ 20,132 $ 10,219 $ 22,423
Liability extinguishment     (4,300)
Deferred income taxes 7,452 (1,723) 7,441
Equity (income) loss 1,606 (5,520) (6,456)
Cash distributions   8,109 1,325
DD&A 43,942 29,262 18,585
Change in fair value of interest rate swaps 159 658  
Amortization and write off deferred financing costs 1,394 1,572 299
Accretion of ARO 498 534 182
Share-based compensation 3,134 3,220 2,155
Taxes paid on vesting of RSUs (1,029) (1,067) (780)
Change in current assets and liabilities:      
Accounts receivable 10,627 (324) (2,394)
Coal inventory 4,807 6,540 (2,436)
Parts and supply inventory 3,664 1,083 (562)
Income taxes 448 (160) (6,814)
Accounts payable and accrued liabilities (1,686) 1,409 1,130
Other (492) 2,054 (2,617)
Cash provided by operating activities 94,656 55,866 27,181
Investing activities:      
Capital expenditures for coal properties (31,167) (25,835) (31,392)
Acquisition   (311,453)  
Other 641   (2,573)
Cash used in investing activities (30,526) (337,288) (33,965)
Financing activities:      
Payments on bank debt (56,875) (59,655)  
Bank borrowings   350,000 4,600
Deferred financing costs   (6,884)  
Dividends (4,794) (4,798) (3,476)
Cash (used in) provided by financing activities (61,669) 278,663 1,124
Increase (decrease) in cash and cash equivalents 2,461 (2,759) (5,660)
Cash and cash equivalents, beginning of year 13,469 16,228 21,888
Cash and cash equivalents, end of year 15,930 13,469 16,228
Cash paid for interest 14,149 5,008 1,028
Cash paid for income taxes   2,334 6,045
Cash received for income taxes, net (291)    
Increase in ARO   6,550 2,535
Capital expenditures included in accounts payable $ 804 $ 748 $ 84
[1] *There is no material difference between net income and comprehensive income.