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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 4 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Jul. 31, 2017
Dec. 31, 2017
Jun. 30, 2018
Jun. 30, 2017
Mar. 31, 2017
Operating activities:          
Net loss   $ (38,726) $ (50,211)    
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation and amortization   20,131 22,572    
Amortization of deferred drydocking and survey costs   206 2,230    
Amortization of debt premium and discounts   (715) (900)    
Gain on asset dispositions, net   (6,616) (3,257)    
Asset impairments   16,777 [1] 7,401 [2]    
Changes in investments in, at equity, and advances to unconsolidated companies   (4,531) 27,881    
Compensation expense - stock-based   3,731 6,139    
Changes in assets and liabilities, net:          
Trade and other receivables   2,312 (15,097)    
Changes in due to/from affiliate, net   (2,373)      
Changes in due to/from related parties, net     19,869    
Marine operating supplies   1,229 (711)    
Other current assets   10,305 8,752    
Accounts payable   (1,259) 1,709    
Accrued expenses   (24,896) (6,652)    
Accrued property and liability losses   (176) 205    
Other current liabilities   (4,026) 5,590    
Other liabilities   (1,089) 11    
Cash paid for deferred drydocking and survey costs     (13,394)    
Other, net   (5,830) 4,846    
Net cash provided by (used in) operating activities   (35,546) 16,983    
Cash flows from investing activities:          
Proceeds from sales of assets   32,742 12,968    
Additions to properties and equipment   (9,834) (5,775)    
Net cash provided by (used in) investing activities   22,908 7,193    
Cash flows from financing activities:          
Principal payment on long-term debt   (1,176) (2,637)    
Payments to General Unsecured Creditors   (93,719) (8,377)    
Cash received for issuance of common stock   2      
Other     (1,998)    
Net cash used in financing activities   (94,893) (13,012)    
Net change in cash, cash equivalents and restricted cash   (107,531) 11,164    
Cash, cash equivalents and restricted cash at beginning of period   560,866 453,335    
Cash, cash equivalents and restricted cash at end of period $ 560,866 453,335 464,499    
Cash paid during the period for:          
Interest, net of amounts capitalized   8,223 16,134    
Income taxes   4,654 $ 10,083    
Predecessor          
Operating activities:          
Net loss (1,646,909)     $ (611,382) $ (650,011)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Reorganization items 1,368,882     308,011  
Depreciation and amortization 47,447     73,879 167,291
Provision for deferred income taxes (5,543)     (7,743) (2,200)
Gain on asset dispositions, net (3,561)     (9,253) (24,099)
Asset impairments 184,748 [1]     228,280 [2] 484,727 [1]
Changes in investments in, at equity, and advances to unconsolidated companies (4,252)     (9,163) (7,613)
Compensation expense - stock-based 1,707     (562) 3,278
Excess tax liability on stock option activity       4,927 4,927
Changes in assets and liabilities, net:          
Trade and other receivables 6,286     57,701 104,829
Changes in due to/from affiliate, net 1,301       20,829
Changes in due to/from related parties, net       22,983  
Marine operating supplies 88     (922) 2,285
Other current assets (1,840)     (22,668) (12,523)
Accounts payable 8,157     (15,384) (17,531)
Accrued expenses 17,245     17,870 (18,687)
Accrued property and liability losses (822)     (816) 262
Other current liabilities (2,337)     (1,216) (26,658)
Other liabilities 2,884     3,135 (2,657)
Other, net 4,932     9,110 3,372
Net cash provided by (used in) operating activities (21,587)     46,787 29,821
Cash flows from investing activities:          
Proceeds from sales of assets 2,172     3,072 14,797
Additions to properties and equipment (2,265)     (9,982) (25,499)
Payments related to novated vessel construction contract 5,272        
Proceeds related to novated vessel construction contract       5,272  
Refunds from cancelled vessel construction contracts         25,565
Net cash provided by (used in) investing activities 5,179     (1,638) 14,863
Cash flows from financing activities:          
Principal payment on long-term debt (5,124)     (5,048) (10,069)
Payments to General Unsecured Creditors (122,806)        
Other (1,200)     (6,127) (6,649)
Net cash used in financing activities (129,130)     (11,175) (16,718)
Net change in cash, cash equivalents and restricted cash (145,538)     33,974 27,966
Cash, cash equivalents and restricted cash at beginning of period 706,404 $ 560,866   649,804 678,438
Cash, cash equivalents and restricted cash at end of period 560,866     683,778 706,404
Cash paid during the period for:          
Interest, net of amounts capitalized 1,577     8,651 70,687
Income taxes $ 4,740     5,778 26,916
Additions to properties and equipment       $ 282 $ 5,047
[1] The period August 1, 2017 through December 31, 2017 and the year ended March 31, 2017 included $2.3 million and $2.2 million, respectively, of impairments related to inventory and other non-vessel assets.
[2] Refer to Note (14) for additional information regarding asset impairment.