Cash Flows from Investing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Advances for vessels under construction and acquisitions and other vessel costs
|
|
|
(65,225
|
)
|
|
|
(1,099
|
)
|
|
|
(28,757
|
)
|
Vessel acquisitions
|
|
|
-
|
|
|
|
(108,469
|
)
|
|
|
(458,989
|
)
|
Proceeds from sale of vessel
|
|
|
-
|
|
|
|
-
|
|
|
|
78,857
|
|
Other Assets
|
|
|
(166
|
)
|
|
|
(39
|
)
|
|
|
(196
|
)
|
Proceeds from insurance settlements for vessel un-repaired damages
|
|
|
-
|
|
|
|
945
|
|
|
|
-
|
|
Investments in time deposits
|
|
|
(7,690
|
)
|
|
|
-
|
|
|
|
-
|
|
Net Cash used in Investing Activities
|
|
|
(73,081
|
)
|
|
|
(108,662
|
)
|
|
|
(409,085
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash Flows from Financing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from long-term debt
|
|
|
73,610
|
|
|
|
237,200
|
|
|
|
287,750
|
|
Proceeds from public offering, net of related issuance costs
|
|
|
98,444
|
|
|
|
-
|
|
|
|
433,085
|
|
Proceeds from dividend reinvestment
|
|
|
79
|
|
|
|
119
|
|
|
|
-
|
|
Financing costs
|
|
|
(450
|
)
|
|
|
-
|
|
|
|
(100
|
)
|
Payments of long-term debt
|
|
|
(30,100
|
)
|
|
|
(97,500
|
)
|
|
|
(327,350
|
)
|
Cash dividends
|
|
|
-
|
|
|
|
(247,001
|
)
|
|
|
(131,044
|
)
|
Net Cash provided by/(used in) Financing Activities
|
|
|
141,583
|
|
|
|
(107,182
|
)
|
|
|
262,341
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net increase (decrease) in cash and cash equivalents
|
|
|
220,405
|
|
|
|
45,307
|
|
|
|
2,215
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period
|
|
|
62,033
|
|
|
|
16,726
|
|
|
|
14,511
|
|
Cash and cash equivalents at end of period
|
|
$
|
282,438
|
|
|
$
|
62,033
|
|
|
$
|
16,726
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUPPLEMENTAL CASH FLOW INFORMATION
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash paid during the year for:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest payments, net of amounts capitalized
|
|
$
|
2,952
|
|
|
$
|
5,356
|
|
|
$
|
5,733
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of charter assumed in connection with vessel acquisition
|
|
$
|
-
|
|
|
$
|
|
|
|
$
|
(25,000
|
)
|
The accompanying notes are an integral part of these consolidated financial statements.
|
|
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