6-K Filing

SFL CORP LTD. CIK: 1289877 Q2 2020

Filing Information

Form Type	6-K
Accession Number	`0001289877-20-000025`
Period End Date	20200630
Filing Date	20200831
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	sfl-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 68 Cash Flow Statement 47 Stockholders Equity 16 Comprehensive Income 14

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Share capital, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Share capital, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$199.52M	USD	Point-in-time
Share capital, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.50M	USD	Point-in-time
Share capital, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.99M	USD	Point-in-time
Investments in debt and equity securities	`Investments`	$74.08M	USD	Point-in-time
Share capital, shares issued (in shares)	`CommonStockSharesIssued`	119.39M	shares	Point-in-time
Share capital, shares issued (in shares)	`CommonStockSharesIssued`	120.63M	shares	Point-in-time
Investments in debt and equity securities	`Investments`	$35.32M	USD	Point-in-time
Due from related parties	`DueFromRelatedPartiesCurrent`	$13.14M	USD	Point-in-time
Share capital, shares outstanding (in shares)	`CommonStockSharesOutstanding`	119.39M	shares	Point-in-time
Due from related parties	`DueFromRelatedPartiesCurrent`	$22.40M	USD	Point-in-time
Share capital, shares outstanding (in shares)	`CommonStockSharesOutstanding`	120.63M	shares	Point-in-time
Trade accounts receivable	`AccountsReceivableNetCurrent`	$4.58M	USD	Point-in-time
Trade accounts receivable	`AccountsReceivableNetCurrent`	$6.00M	USD	Point-in-time
Other receivables	`OtherReceivables`	$22.07M	USD	Point-in-time
Other receivables	`OtherReceivables`	$20.13M	USD	Point-in-time
Inventories	`InventoryNet`	$7.93M	USD	Point-in-time
Inventories	`InventoryNet`	$9.28M	USD	Point-in-time
Prepaid expenses and accrued income	`PrepaidExpensesAndAccruedIncome`	$10.33M	USD	Point-in-time
Prepaid expenses and accrued income	`PrepaidExpensesAndAccruedIncome`	$1.64M	USD	Point-in-time
Investment in sales-type leases, direct financing leases and leaseback assets, current portion	`NetInvestmentInLeaseAndLeasebackAssetsCurrent`	$62.81M	USD	Point-in-time
Investment in sales-type leases, direct financing leases and leaseback assets, current portion	`NetInvestmentInLeaseAndLeasebackAssetsCurrent`	$56.19M	USD	Point-in-time
Financial instruments at fair value, current portion	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Financial instruments at fair value, current portion	`DerivativeAssetsCurrent`	$520.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$319.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$390.49M	USD	Point-in-time
Vessels and equipment, net	`VesselsAndEquipmentNet`	$1.32B	USD	Point-in-time
Vessels and equipment, net	`VesselsAndEquipmentNet`	$1.40B	USD	Point-in-time
Vessels under finance lease, net	`FinanceLeaseRightOfUseAsset`	$717.42M	USD	Point-in-time
Vessels under finance lease, net	`FinanceLeaseRightOfUseAsset`	$714.48M	USD	Point-in-time
Investment in sales-type leases, direct financing leases and leaseback assets, long-term portion	`NetInvestmentInLeaseAndLeasebackAssetsNoncurrent`	$938.20M	USD	Point-in-time
Investment in sales-type leases, direct financing leases and leaseback assets, long-term portion	`NetInvestmentInLeaseAndLeasebackAssetsNoncurrent`	$936.50M	USD	Point-in-time
Investment in associated companies	`EquityMethodInvestments`	$34.64M	USD	Point-in-time
Investment in associated companies	`EquityMethodInvestments`	$42.16M	USD	Point-in-time
Loans to related parties - associated companies, long-term	`LoansAndLongTermReceivablesToRelatedPartiesIncludingAssociates`	$306.40M	USD	Point-in-time
Loans to related parties - associated companies, long-term	`LoansAndLongTermReceivablesToRelatedPartiesIncludingAssociates`	$327.62M	USD	Point-in-time
Financial instruments at fair value, long-term portion	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Financial instruments at fair value, long-term portion	`DerivativeAssetsNoncurrent`	$3.48M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$64.25M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$80.02M	USD	Point-in-time
Total assets	`Assets`	$3.71B	USD	Point-in-time
Total assets	`Assets`	$3.89B	USD	Point-in-time
Short-term debt and current portion of long-term debt	`DebtCurrent`	$253.06M	USD	Point-in-time
Short-term debt and current portion of long-term debt	`DebtCurrent`	$298.30M	USD	Point-in-time
Finance lease liability, current portion	`FinanceLeaseLiabilityCurrent`	$70.94M	USD	Point-in-time
Finance lease liability, current portion	`FinanceLeaseLiabilityCurrent`	$68.87M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$3.98M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$950.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$3.44M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$1.73M	USD	Point-in-time
Financial instruments at fair value, current portion	`DerivativeLiabilitiesCurrent`	$6.07M	USD	Point-in-time
Financial instruments at fair value, current portion	`DerivativeLiabilitiesCurrent`	$563.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$17.13M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$16.01M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$12.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$401.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$365.84M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.36B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.29B	USD	Point-in-time
Finance lease liability, long-term portion	`FinanceLeaseLiabilityNoncurrent`	$1.04B	USD	Point-in-time
Finance lease liability, long-term portion	`FinanceLeaseLiabilityNoncurrent`	$1.00B	USD	Point-in-time
Financial instruments at fair value, long-term portion	`DerivativeLiabilitiesNoncurrent`	$67.44M	USD	Point-in-time
Financial instruments at fair value, long-term portion	`DerivativeLiabilitiesNoncurrent`	$20.58M	USD	Point-in-time
Deficit in associated companies	`EquityMethodInvestmentsDeficit`	-	USD	Point-in-time
Deficit in associated companies	`EquityMethodInvestmentsDeficit`	$13.26M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.78B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Share capital ($0.01 par value; 200,000,000 shares authorized; 120,629,455 shares issued and outstanding at June 30, 2020). ($0.01 par value; 200,000,000 shares authorized; 119,391,310 shares issued and outstanding at December 31, 2019).	`CommonStockValue`	$1.19M	USD	Point-in-time
Share capital ($0.01 par value; 200,000,000 shares authorized; 120,629,455 shares issued and outstanding at June 30, 2020). ($0.01 par value; 200,000,000 shares authorized; 119,391,310 shares issued and outstanding at December 31, 2019).	`CommonStockValue`	$1.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$469.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$482.41M	USD	Point-in-time
Contributed surplus	`OtherAdditionalCapital`	$648.76M	USD	Point-in-time
Contributed surplus	`OtherAdditionalCapital`	$583.88M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.02M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-107.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$934.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.89B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.71B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Interest income related parties direct financing leases	`DirectFinancingLeaseInterestIncomeFromRelatedParties`	$946.00K	USD	2 Qtrs
Interest income related parties direct financing leases	`DirectFinancingLeaseInterestIncomeFromRelatedParties`	$1.93M	USD	2 Qtrs
Interest income other sales-type, direct financing leases and leaseback assets	`DirectFinancingSalesTypeLeaseAndLeasebackAssetInterestIncomeFromNonRelatedParties`	$33.27M	USD	2 Qtrs
Interest income other sales-type, direct financing leases and leaseback assets	`DirectFinancingSalesTypeLeaseAndLeasebackAssetInterestIncomeFromNonRelatedParties`	$26.48M	USD	2 Qtrs
Service revenue related parties direct financing leases	`Financeleaseservicerevenuesfromrelatedparties`	$3.59M	USD	2 Qtrs
Service revenue related parties direct financing leases	`Financeleaseservicerevenuesfromrelatedparties`	$4.89M	USD	2 Qtrs
Profit sharing revenues - related parties	`ProfitSharingRevenuesFromRelatedParties`	$10.36M	USD	2 Qtrs
Profit sharing revenues - related parties	`ProfitSharingRevenuesFromRelatedParties`	$1.55M	USD	2 Qtrs
Profit sharing revenues - Bunker Savings from non related parties	`ProfitSharingRevenuesBunkerSavingsFromNonRelatedParties`	$1.22M	USD	2 Qtrs
Profit sharing revenues - Bunker Savings from non related parties	`ProfitSharingRevenuesBunkerSavingsFromNonRelatedParties`	-	USD	2 Qtrs
Time charter revenues - related parties	`TimeCharterRevenuesFromRelatedParties`	$25.75M	USD	2 Qtrs
Time charter revenues - related parties	`TimeCharterRevenuesFromRelatedParties`	$26.66M	USD	2 Qtrs
Time charter revenues - other	`TimeCharterRevenuesFromNonRelatedParties`	$132.01M	USD	2 Qtrs
Time charter revenues - other	`TimeCharterRevenuesFromNonRelatedParties`	$143.22M	USD	2 Qtrs
Bareboat charter revenues - other	`BareboatCharterRevenuesFromNonRelatedParties`	$12.49M	USD	2 Qtrs
Bareboat charter revenues - other	`BareboatCharterRevenuesFromNonRelatedParties`	$6.44M	USD	2 Qtrs
Voyage charter revenues - other	`Voyagecharterrevenuesfromnonrelatedparties`	$9.43M	USD	2 Qtrs
Voyage charter revenues - other	`Voyagecharterrevenuesfromnonrelatedparties`	$23.77M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$2.09M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$1.70M	USD	2 Qtrs
Total operating revenues	`Revenues`	$240.36M	USD	2 Qtrs
Total operating revenues	`Revenues`	$227.44M	USD	2 Qtrs
Gain/(loss) on sale of assets and termination of charters, net	`GainLossOnDispositionOfAssetsAndTerminationOfCharters`	-	USD	2 Qtrs
Gain/(loss) on sale of assets and termination of charters, net	`GainLossOnDispositionOfAssetsAndTerminationOfCharters`	$2.25M	USD	2 Qtrs
Vessel operating expenses - related parties	`ShipOperatingExpensesToRelatedParties`	$16.45M	USD	2 Qtrs
Vessel operating expenses - related parties	`ShipOperatingExpensesToRelatedParties`	$15.25M	USD	2 Qtrs
Vessel operating expenses - other	`ShipOperatingExpensesToNonrelatedParties`	$49.06M	USD	2 Qtrs
Vessel operating expenses - other	`ShipOperatingExpensesToNonrelatedParties`	$63.51M	USD	2 Qtrs
Depreciation	`Depreciation`	$55.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$58.65M	USD	2 Qtrs
Vessel impairment charge	`AssetImpairmentCharges`	$80.51M	USD	2 Qtrs
Vessel impairment charge	`AssetImpairmentCharges`	-	USD	2 Qtrs
Administrative expenses - related parties	`AdministrativeExpensesToRelatedParties`	$587.00K	USD	2 Qtrs
Administrative expenses - related parties	`AdministrativeExpensesToRelatedParties`	$894.00K	USD	2 Qtrs
Administrative expenses - other	`AdministrativeExpensesToNonrelatedParties`	$5.46M	USD	2 Qtrs
Administrative expenses - other	`AdministrativeExpensesToNonrelatedParties`	$5.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$220.62M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$130.06M	USD	2 Qtrs
Net operating income	`OperatingIncomeLoss`	$97.38M	USD	2 Qtrs
Net operating income	`OperatingIncomeLoss`	$21.99M	USD	2 Qtrs
Interest income - related parties, long term loans to associated companies	`Interestincomerelatedpartieswhicharederivedfromloanstoassociates`	$7.06M	USD	2 Qtrs
Interest income - related parties, long term loans to associated companies	`Interestincomerelatedpartieswhicharederivedfromloanstoassociates`	$7.06M	USD	2 Qtrs
Interest income related parties, other	`Interestincomerelatedpartiesothers`	$850.00K	USD	2 Qtrs
Interest income related parties, other	`Interestincomerelatedpartiesothers`	$179.00K	USD	2 Qtrs
Interest income - other	`OtherInterestAndDividendIncome`	$2.38M	USD	2 Qtrs
Interest income - other	`OtherInterestAndDividendIncome`	$1.04M	USD	2 Qtrs
Interest expense - other	`InterestExpenseNonrelatedParties`	$71.27M	USD	2 Qtrs
Interest expense - other	`InterestExpenseNonrelatedParties`	$72.17M	USD	2 Qtrs
Gain on repurchase of bonds	`GainLossonRepurchaseofBondsandExtinguishmentofDebt`	$1.08M	USD	2 Qtrs
Gain on repurchase of bonds	`GainLossonRepurchaseofBondsandExtinguishmentofDebt`	$1.80M	USD	2 Qtrs
Gain on settlement of loan note - related party loan notes	`TheGainlossOnSettlementOfLoanNotesReceivable`	$4.45M	USD	2 Qtrs
Gain on settlement of loan note - related party loan notes	`TheGainlossOnSettlementOfLoanNotesReceivable`	-	USD	2 Qtrs
(Loss)/gain on investments in debt and equity securities	`DebtAndEquitySecuritiesGainLoss`	$-18.24M	USD	2 Qtrs
(Loss)/gain on investments in debt and equity securities	`DebtAndEquitySecuritiesGainLoss`	$27.32M	USD	2 Qtrs
Dividend income - related parties	`Dividendincomefromrelatedparties`	$3.88M	USD	2 Qtrs
Dividend income - related parties	`Dividendincomefromrelatedparties`	$2.16M	USD	2 Qtrs
Other financial items, net	`OtherNonoperatingIncomeExpense`	$-14.07M	USD	2 Qtrs
Other financial items, net	`OtherNonoperatingIncomeExpense`	$-31.58M	USD	2 Qtrs
Net (loss)/income before equity in earnings of associated companies	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$52.72M	USD	2 Qtrs
Net (loss)/income before equity in earnings of associated companies	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-81.40M	USD	2 Qtrs
Equity in earnings of associated companies	`IncomeLossFromEquityMethodInvestments`	$6.25M	USD	2 Qtrs
Equity in earnings of associated companies	`IncomeLossFromEquityMethodInvestments`	$8.99M	USD	2 Qtrs
Net (loss)/income	`NetIncomeLoss`	$-75.16M	USD	2 Qtrs
Net (loss)/income	`NetIncomeLoss`	$61.71M	USD	2 Qtrs
Basic (loss)/earnings per share	`EarningsPerShareBasic`	$0.57	USD	2 Qtrs
Basic (loss)/earnings per share	`EarningsPerShareBasic`	$-0.70	USD	2 Qtrs
Diluted (loss)/earnings per share	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Diluted (loss)/earnings per share	`EarningsPerShareDiluted`	$-0.70	USD	2 Qtrs

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$113.98M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.43M	USD	2 Qtrs
Additions to direct financing leases and leaseback assets	`AdditionsToFinanceLeaseAndLeasebackAssets`	$65.03M	USD	2 Qtrs
Additions to direct financing leases and leaseback assets	`AdditionsToFinanceLeaseAndLeasebackAssets`	$1.06M	USD	2 Qtrs
Purchase of vessels, capital improvements and other additions	`PurchaseOfVesselsCapitalImprovementsAndOtherAdditions`	$1.10M	USD	2 Qtrs
Purchase of vessels, capital improvements and other additions	`PurchaseOfVesselsCapitalImprovementsAndOtherAdditions`	$40.28M	USD	2 Qtrs
Proceeds from sales of vessels and termination of charters	`CashElementOfProceedsFromSaleOfVesselsAndTerminationOfCharters`	-	USD	2 Qtrs
Proceeds from sales of vessels and termination of charters	`CashElementOfProceedsFromSaleOfVesselsAndTerminationOfCharters`	$34.58M	USD	2 Qtrs
Net amounts received from associated companies	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$15.94M	USD	2 Qtrs
Net amounts received from associated companies	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$22.98M	USD	2 Qtrs
Proceeds from sale of shares	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Proceeds from sale of shares	`ProceedsFromIssuanceOrSaleOfEquity`	$21.05M	USD	2 Qtrs
Other investments and long term assets, net	`PaymentsForProceedsFromInvestments`	$32.53M	USD	2 Qtrs
Other investments and long term assets, net	`PaymentsForProceedsFromInvestments`	$6.09M	USD	2 Qtrs
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$14.73M	USD	2 Qtrs
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.26M	USD	2 Qtrs
Shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$12.66M	USD	2 Qtrs
Principal settlements of cross currency swaps, net	`PaymentsForDerivativeInstrumentFinancingActivities`	$11.71M	USD	2 Qtrs
Principal settlements of cross currency swaps, net	`PaymentsForDerivativeInstrumentFinancingActivities`	$41.77M	USD	2 Qtrs
Payment for early settlements of interest rate swaps, net	`PaymentForEarlySettlementsOfInterestRateSwapsNet`	$4.54M	USD	2 Qtrs
Payment for early settlements of interest rate swaps, net	`PaymentForEarlySettlementsOfInterestRateSwapsNet`	-	USD	2 Qtrs
Repurchase of bonds	`RepurchaseOfBonds`	$64.80M	USD	2 Qtrs
Repurchase of bonds	`RepurchaseOfBonds`	$80.75M	USD	2 Qtrs
Proceeds from issuance of short-term and long-term debt	`ProceedsFromIssuanceOfShortTermAndLongTermDebt`	$217.34M	USD	2 Qtrs
Proceeds from issuance of short-term and long-term debt	`ProceedsFromIssuanceOfShortTermAndLongTermDebt`	$347.23M	USD	2 Qtrs
Repayments of short-term and long-term debt	`RepaymentsOfShortTermAndLongTermDebt`	$115.74M	USD	2 Qtrs
Repayments of short-term and long-term debt	`RepaymentsOfShortTermAndLongTermDebt`	$275.90M	USD	2 Qtrs
Discounts received on debt repurchased	`DiscountReceivedonExtinguishmentofDebt`	$1.65M	USD	2 Qtrs
Debt fees paid	`PaymentsOfFinancingCosts`	$4.20M	USD	2 Qtrs
Debt fees paid	`PaymentsOfFinancingCosts`	$3.21M	USD	2 Qtrs
Repayment of lease obligation liability	`RepaymentsOfLongTermFinanceLeaseObligations`	$32.92M	USD	2 Qtrs
Repayment of lease obligation liability	`RepaymentsOfLongTermFinanceLeaseObligations`	$30.90M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$64.89M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$75.33M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-128.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-99.07M	USD	2 Qtrs
Net change in restricted cash and cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.90M	USD	2 Qtrs
Net change in restricted cash and cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.00K	USD	2 Qtrs
Cash, restricted cash and cash equivalents at start of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.02M	USD	Point-in-time
Cash, restricted cash and cash equivalents at start of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.12M	USD	Point-in-time
Cash, restricted cash and cash equivalents at start of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.40M	USD	Point-in-time
Cash, restricted cash and cash equivalents at start of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.39M	USD	Point-in-time
Cash, restricted cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.02M	USD	Point-in-time
Cash, restricted cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.12M	USD	Point-in-time
Cash, restricted cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.40M	USD	Point-in-time
Cash, restricted cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.39M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Starting Balance	`StockholdersEquity`	$934.05M	USD	Point-in-time
Starting Balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Starting Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Starting Balance (in shares)	`CommonStockSharesOutstanding`	119.39M	shares	Point-in-time
Starting Balance (in shares)	`CommonStockSharesOutstanding`	120.63M	shares	Point-in-time
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentOther`	$22.00K	USD	2 Qtrs
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentOther`	$-107.00K	USD	2 Qtrs
Impact of adoption of ASU 2016-13	`ImpactOfAdoptionOfASU201613`	-	USD	Point-in-time
Impact of adoption of ASU 2016-13	`ImpactOfAdoptionOfASU201613`	$-32.64M	USD	Point-in-time
Net (loss)/income	`NetIncomeLoss`	$-75.16M	USD	2 Qtrs
Net (loss)/income	`NetIncomeLoss`	$61.71M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$934.05M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	119.39M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	120.63M	shares	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net (loss)/income	`NetIncomeLoss`	$-75.16M	USD	2 Qtrs
Net (loss)/income	`NetIncomeLoss`	$61.71M	USD	2 Qtrs
Fair value adjustments to hedging financial instruments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxAttributableToParent`	$-11.65M	USD	2 Qtrs
Fair value adjustments to hedging financial instruments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxAttributableToParent`	$-20.07M	USD	2 Qtrs
Earnings reclassification of previously deferred fair value adjustments to hedging financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$6.37M	USD	2 Qtrs
Earnings reclassification of previously deferred fair value adjustments to hedging financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	2 Qtrs
Fair value adjustments to investment securities classified as available-for-sale	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-296.00K	USD	2 Qtrs
Fair value adjustments to investment securities classified as available-for-sale	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.18M	USD	2 Qtrs
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentOther`	$22.00K	USD	2 Qtrs
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentOther`	$-107.00K	USD	2 Qtrs
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.92M	USD	2 Qtrs
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-12.63M	USD	2 Qtrs
Comprehensive (loss)/income	`ComprehensiveIncomeNetOfTax`	$49.79M	USD	2 Qtrs
Comprehensive (loss)/income	`ComprehensiveIncomeNetOfTax`	$-87.79M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.