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Unaudited Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income $ 33,675 $ 127,289
Non-cash items:    
Depreciation and amortization 206,831 212,263
Amortization of in-process revenue contracts (20,036) (33,286)
Gain on sale of vessels and equipment and other assets (9,453) (1,309)
Loan loss (recoveries) provisions (note 7b) (2,521) 10,207
Equity income, net of dividends received (54,577) (73,437)
Income tax expense 5,991 4,373
Employee stock option compensation (3,847) 1,965
Unrealized foreign exchange gain (7,244) (54,506)
Unrealized loss (gain) on derivative instruments 73,640 (54,699)
Other (3,912) 7,435
Change in operating assets and liabilities 7,199 (45,879)
Expenditures for dry docking (24,217) (33,592)
Net operating cash flow 201,529 66,824
FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt, net of issuance costs 1,872,259 1,163,917
Scheduled repayments of long-term debt (note 8) (613,516) (228,982)
Prepayments of long-term debt (669,413) (703,816)
Repayments of capital lease obligations (3,396) (5,205)
(Increase) decrease in restricted cash (385) 465
Net proceeds from equity issuances of subsidiaries (note 6) 7,475 212,401
Equity contribution by joint venture partner 22,017 1,684
Issuance of Common Stock upon exercise of stock options 44,372 16,582
Distributions paid from subsidiaries to non-controlling interests (155,567) (125,728)
Cash dividends paid (45,188) (45,282)
Net financing cash flow 458,658 286,036
INVESTING ACTIVITIES    
Expenditures for vessels and equipment (602,257) (320,018)
Proceeds from sale of vessels and equipment and other 165,055 39,551
Repayment of term loans 4,814  
Purchase of ALP (net of cash acquired of $294) (note 4a) (2,322)  
Investment in equity accounted investments (50,648) (136,413)
Repayments by (advances to) joint ventures and joint venture partners 6,175 (41,452)
Investment in direct financing lease assets (54,800)  
Direct financing lease payments received 8,036 6,187
Net investing cash flow (525,947) (452,145)
Increase (decrease) in cash and cash equivalents 134,240 (99,285)
Cash and cash equivalents, beginning of the period 614,660 639,491
Cash and cash equivalents, end of the period $ 748,900 $ 540,206