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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net (loss) income $ (108,915) $ 23,418
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 103,954 101,484
Amortization of deferred financing costs 3,555 2,368
Amortization of time charters acquired (558) (1,432)
Amortization of discount on Convertible Senior Notes 3,345 2,999
Unrealized gain on derivative instruments (76) (38)
Amortization of nonvested stock compensation expense 4,591 6,617
Change in assets and liabilities:    
Decrease (increase) in due from charterers 5,072 (2,275)
Decrease (increase) in prepaid expenses and other current assets 689 (2,073)
Increase in other noncurrent assets   (514)
Decrease in accounts payable and accrued expenses (3,751) (2,143)
Decrease in deferred revenue (2,351) (5,359)
Increase in lease obligations 875 953
Deferred drydock costs incurred (10,442) (2,669)
Net cash (used in) provided by operating activities (4,012) 121,336
Cash flows from investing activities:    
Purchase of vessels (894) (98,860)
Deposits on vessels   (87)
Purchase of other fixed assets (1,948) (692)
Changes in deposits of restricted cash (400) (750)
Net cash used in investing activities (3,242) (100,389)
Cash flows from financing activities:    
Repayments on the 2007 Credit Facility (118,588) (37,500)
Proceeds from issuance of common stock 50,721  
Payment of common stock issuance costs (847)  
Payment of Convertible Senior Notes issuance costs   (51)
Payment of dividend by subsidiary (3,910) (5,576)
Payment of deferred financing costs (4,327) (328)
Net cash used in financing activities (132,936) (39)
Net (decrease) increase in cash and cash equivalents (140,190) 20,908
Cash and cash equivalents at beginning of period 227,968 270,877
Cash and cash equivalents at end of period 87,778 291,785
$100 Million Term Loan Facility
    
Cash flows from financing activities:    
Proceeds from Term Loan Facility   40,000
Repayments on Term Loan Facility (15,385) (3,243)
$253 Million Term Loan Facility
    
Cash flows from financing activities:    
Proceeds from Term Loan Facility   21,500
Repayments on Term Loan Facility $ (40,600) $ (14,841)