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Vessels and Other Fixed Assets, Net (Tables)
6 Months Ended
Jun. 30, 2015
Vessels and Other Fixed Assets, Net [Abstract]  
Schedule of vessels and other fixed assets, net
 
 
 
December 31, 2014
 
 
June 30, 2015
Cost
 
 
 
 
 
 
Vessels
 
$
1,541,538
 
$
1,857,658
Fair value adjustment
 
 
100,065
 
 
151,588
Other fixed assets
 
 
1,683
 
 
1,701
Impairment charge
 
 
                              -   
 
 
(8,282
)
Total cost
 
 
1,643,286
 
 
2,002,665
Accumulated depreciation
 
 
(201,435
 
(230,001
)
Vessels and other fixed assets, net
 
$
1,441,851
 
$
1,772,664
Principal payments
Twelve month periods ending
 
 
Amount
June 30, 2016
 
$
8,640
June 30, 2017
 
 
8,640
June 30, 2018
 
 
8,640
June 30, 2019
 
 
9,572
June 30, 2020
 
 
12,370
June 30, 2021 and thereafter
 
 
58,016
Total capital lease minimum payments
 
$
105,878
Excluding bareboat interest
 
 
24,198
Total lease commitments
 
 
81,680
Lease commitments - current portion
 
 
4,380
Lease commitments - non-current portion
 
 
77,300