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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 138,873 $ 133,400
Restricted cash 7,871 8,242
Due from charterers, net of a reserve of $304 and $283, respectively 9,060 10,373
Prepaid expenses and other current assets 16,233 15,750
Vessels held for sale 1,614 4,840
Total current assets 173,651 172,605
Noncurrent assets:    
Vessels, net of accumulated depreciation of $179,758 and $163,053, respectively 1,335,067 1,354,760
Deferred drydock, net of accumulated amortization of $7,083 and $6,340 respectively 14,066 12,637
Fixed assets, net of accumulated depreciation and amortization of $827 and $759, respectively 982 1,018
Other noncurrent assets 514 514
Restricted cash non-current 27,151 27,426
Total noncurrent assets 1,377,780 1,396,355
Total assets 1,551,431 1,568,960
Current liabilities:    
Accounts payable and accrued expenses 18,742 22,885
Current portion of long-term debt 7,076 4,576
Deferred revenue 1,516 1,488
Total current liabilities 27,334 28,949
Noncurrent liabilities:    
Long-term lease obligations 2,048 1,868
Long-term debt, net of deferred financing costs of $10,784 and $11,357, respectively 507,239 508,444
Total noncurrent liabilities 509,287 510,312
Total liabilities 536,621 539,261
Commitments and contingencies
Equity:    
Series A Preferred Stock, par value $0.01: aggregate liquidation preference of $0 and $120,789 at March 31, 2017 and December 31, 2016, respectively   120,789
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 34,416,305 and 7,354,449 shares at March 31, 2017 and December 31, 2016, respectively 344 74
Additional paid-in capital 1,625,014 1,503,784
Retained deficit 610,548 594,948
Total equity 1,014,810 1,029,699
Total liabilities and equity $ 1,551,431 $ 1,568,960