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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (15,600) $ (54,483)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 18,173 20,339
Amortization of deferred financing costs 573 729
PIK interest, net 1,503  
Amortization of nonvested stock compensation expense 711 5,486
Impairment of vessel assets 0 1,685
Gain on sale of vessels (6,369)  
Realized loss on sale of investment   73
Change in assets and liabilities:    
Decrease in due from charterers 1,313 2,213
(Increase) decrease in prepaid expenses and other current assets (483) 811
Decrease in accounts payable and accrued expenses (3,184) (4,154)
Increase (decrease) in deferred revenue 28 (152)
Increase in lease obligations 180 180
Deferred drydock costs incurred (2,828) (31)
Net cash used in operating activities (5,983) (27,304)
Cash flows from investing activities:    
Purchase of vessels, including deposits (35) (279)
Purchase of other fixed assets (21) (191)
Net proceeds from sale of vessel assets 12,597  
Sale of AFS securities   859
Changes in deposits of restricted cash 646  
Net cash provided by investing activities 13,187 389
Cash flows from financing activities:    
Cash settlement of non-accredited Note holders   (101)
Payment of Series A Preferred Stock issuance costs (950)  
Net cash used in financing activities (1,731) (18,555)
Net increase (decrease) in cash and cash equivalents 5,473 (45,470)
Cash and cash equivalents at beginning of period 133,400 121,074
Cash and cash equivalents at end of period 138,873 75,604
Secured Debt | $400 Million Credit Facility    
Cash flows from financing activities:    
Repayments on Term Loan Facility (100) 0
Secured Debt | $100 Million Term Loan Facility    
Cash flows from financing activities:    
Repayments on Term Loan Facility 0 (1,923)
Secured Debt | $253 Million Term Loan Facility    
Cash flows from financing activities:    
Repayments on Term Loan Facility 0 (10,150)
Secured Debt | $44 Million Term Loan Facility    
Cash flows from financing activities:    
Repayments on Term Loan Facility 0 (687)
Secured Debt | $22 Million Term Loan Facility    
Cash flows from financing activities:    
Repayments on Term Loan Facility 0 (375)
Secured Debt | 2014 Term Loan Facilities    
Cash flows from financing activities:    
Repayments on Term Loan Facility (681) (681)
Line of Credit Facility | $148 Million Credit Facility    
Cash flows from financing activities:    
Repayment of line of credit facility 0 (2,997)
Revolving Credit Facility | 2015 Revolving Credit Facility    
Cash flows from financing activities:    
Repayment of line of credit facility $ 0 $ (1,641)