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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Voyage revenues $ 38,249 $ 20,131
Service revenues   811
Total revenues 38,249 20,942
Operating expenses:    
Voyage expenses 3,241 3,896
Vessel operating expenses 24,884 29,127
General and administrative expenses (inclusive of nonvested stock amortization expense of $711 and $5,486, respectively) 4,909 10,569
Technical management fees 1,981 2,286
Depreciation and amortization 18,173 20,339
Impairment of vessel assets 0 1,685
Gain on sale of vessels (6,369) 0
Total operating expenses 46,819 67,902
Operating loss (8,570) (46,960)
Other (expense) income:    
Other expense (65) (125)
Interest income 173 62
Interest expense (7,138) (7,113)
Other expense (7,030) (7,176)
Loss before reorganization items, net (15,600) (54,136)
Reorganization items, net   (94)
Loss before income taxes (15,600) (54,230)
Income tax expense   (253)
Net loss $ (15,600) $ (54,483)
Net loss per share-basic $ (0.47) $ (7.55)
Net loss per share-diluted $ (0.47) $ (7.55)
Weighted average common shares outstanding - Basic 33,495,738 7,218,795
Weighted average common shares outstanding-diluted 33,495,738 7,218,795