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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 172,775 $ 174,479
Restricted cash 5,447 7,234
Due from charterers, net of a reserve of $272 and $246, respectively 13,286 12,855
Prepaid expenses and other current assets 9,878 7,338
Inventories 19,894 15,333
Total current assets 221,280 217,239
Noncurrent assets:    
Vessels, net of accumulated depreciation of $199,511 and $213,431, respectively 1,195,115 1,265,577
Deferred drydock, net of accumulated amortization of $10,065 and $9,540 respectively 12,242 13,382
Fixed assets, net of accumulated depreciation and amortization of $1,019 and $1,003, respectively 953 1,014
Other noncurrent assets   514
Restricted cash 22,977 23,233
Total noncurrent assets 1,231,287 1,303,720
Total assets 1,452,567 1,520,959
Current liabilities:    
Accounts payable and accrued expenses 24,339 23,230
Current portion of long-term debt 24,308 24,497
Deferred revenue 5,104 4,722
Total current liabilities: 53,751 52,449
Noncurrent liabilities:    
Long-term lease obligations 2,768 2,588
Long-term debt, net of deferred financing costs of $8,459 and $9,032, respectively 477,000 490,895
Total noncurrent liabilities 479,768 493,483
Total liabilities 533,519 545,932
Commitments and contingencies
Equity:    
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 34,532,004 shares at March 31, 2018 and December 31, 2017 345 345
Additional paid-in capital 1,628,848 1,628,355
Retained deficit (710,145) (653,673)
Total equity 919,048 975,027
Total liabilities and equity $ 1,452,567 $ 1,520,959