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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 147,153 $ 133,400
Restricted cash 8,335 8,242
Due from charterers, net of a reserve of $132 and $283, respectively 6,433 10,373
Prepaid expenses and other current assets 22,433 15,750
Vessels held for sale   4,840
Total current assets 184,354 172,605
Noncurrent assets:    
Vessels, net of accumulated depreciation of $193,922 and $163,053, respectively 1,315,336 1,354,760
Deferred drydock, net of accumulated amortization of $7,862 and $6,340 respectively 15,057 12,637
Fixed assets, net of accumulated depreciation and amortization of $878 and $759, respectively 951 1,018
Other noncurrent assets 514 514
Restricted cash 25,507 27,426
Total noncurrent assets 1,357,365 1,396,355
Total assets 1,541,719 1,568,960
Current liabilities:    
Accounts payable and accrued expenses 20,355 22,885
Current portion of long-term debt 9,576 4,576
Deferred revenue 1,648 1,488
Total current liabilities 31,579 28,949
Noncurrent liabilities:    
Long-term lease obligations 2,228 1,868
Long-term debt, net of deferred financing costs of $10,204 and $11,357, respectively 506,044 508,444
Total noncurrent liabilities 508,272 510,312
Total liabilities 539,851 539,261
Commitments and contingencies
Equity:    
Series A Preferred Stock, par value $0.01; aggregate liquidation preference of $0 and $120,789 at June 30, 2017 and December 31, 2016, respectively   120,789
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 34,434,538 and 7,354,449 shares at June 30, 2017 and December 31, 2016, respectively 344 74
Additional paid-in capital 1,626,584 1,503,784
Retained deficit 625,060 594,948
Total equity 1,001,868 1,029,699
Total liabilities and equity $ 1,541,719 $ 1,568,960