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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 56,662 $ 121,074
Restricted cash 19,500 19,500
Due from charterers, net of a reserve of $167 and $429, respectively 8,249 10,586
Prepaid expenses and other current assets 19,145 21,369
Total current assets 103,556 172,529
Noncurrent assets:    
Vessels, net of accumulated depreciation of $128,899 and $107,998, respectively 1,401,162 1,508,221
Deferred drydock, net of accumulated amortization of $4,385 and $3,207 respectively 13,515 16,177
Deferred financing costs, net of accumulated amortization of $1,137 and $734, respectively 2,892 3,294
Fixed assets, net of accumulated depreciation and amortization of $563 and $404, respectively 1,154 1,286
Other noncurrent assets 514 514
Restricted cash 315 315
Investments 7,280 12,327
Total noncurrent assets 1,426,832 1,542,134
Total assets 1,530,388 1,714,663
Current liabilities:    
Accounts payable and accrued expenses 22,832 27,467
Current portion of long-term debt, net of deferred financing costs of $8,355 and $9,411, respectively 553,301 579,023
Deferred revenue 995 1,058
Total current liabilities 577,128 607,548
Noncurrent liabilities:    
Long-term lease obligations 1,509 1,149
Total noncurrent liabilities 1,509 1,149
Total liabilities 578,637 608,697
Commitments and contingencies
Equity:    
Common stock, par value $0.01; 50,000,000 shares authorized; issued and outstanding 7,354,449 and 7,289,823 shares at June 30, 2016 and December 31, 2015, respectively 74 73
Additional paid-in capital 1,494,032 1,483,105
Accumulated other comprehensive loss (26) (21)
Retained deficit (542,329) (377,191)
Total equity 951,751 1,105,966
Total liabilities and equity $ 1,530,388 $ 1,714,663