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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 75,604 $ 121,074
Restricted cash 19,500 19,500
Due from charterers, net of a reserve of $213 and $429, respectively 8,373 10,586
Prepaid expenses and other current assets 20,492 21,369
Total current assets 123,969 172,529
Noncurrent assets:    
Vessels, net of accumulated depreciation of $127,067 and $107,998, respectively 1,487,506 1,508,221
Deferred drydock, net of accumulated amortization of $4,316 and $3,207, respectively 15,099 16,177
Deferred financing costs, net of accumulated amortization of $935 and $734, respectively 3,093 3,294
Fixed assets, net of accumulated depreciation and amortization of $500 and $404, respectively 1,269 1,286
Other noncurrent assets 514 514
Restricted cash 315 315
Investments 12,334 12,327
Total noncurrent assets 1,520,130 1,542,134
Total assets 1,644,099 1,714,663
Current liabilities:    
Accounts payable and accrued expenses 22,939 27,467
Current portion of long-term debt, net of deferred financing costs of $8,883 and $9,411, respectively 561,097 579,023
Deferred revenue 906 1,058
Total current liabilities 584,942 607,548
Noncurrent liabilities:    
Long-term lease obligations 1,329 1,149
Total noncurrent liabilities 1,329 1,149
Total liabilities $ 586,271 $ 608,697
Commitments and contingencies
Equity:    
Common stock, par value $0.01; 250,000,000 shares authorized; issued and outstanding 73,544,994 and 72,898,234 shares at March 31, 2016 and December 31, 2015, respectively $ 735 $ 728
Additional paid-in capital 1,487,929 1,482,450
Accumulated other comprehensive income (loss) 838 (21)
Retained deficit (431,674) (377,191)
Total equity 1,057,828 1,105,966
Total liabilities and equity $ 1,644,099 $ 1,714,663