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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (55,813) $ (15,600)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,886 18,173
Amortization of deferred financing costs 573 573
PIK interest, net   1,503
Amortization of nonvested stock compensation expense 493 711
Impairment of vessel assets 56,402 0
Gain on sale of vessels 0 (6,369)
Insurance proceeds for protection and indemnity claims 68 180
Insurance proceeds for loss of hire claims   21
Change in assets and liabilities:    
(Increase) decrease in due from charterers (1,079) 1,313
Increase in prepaid expenses and other current assets (3,740) (2,650)
(Increase) decrease in inventories (4,561) 1,382
Decrease in other noncurrent assets 514  
Increase (decrease) in accounts payable and accrued expenses 1,094 (3,184)
(Decrease) increase in deferred revenue (110) 28
Increase in lease obligations 180 180
Deferred drydock costs incurred (1,446) (2,828)
Net cash provided by (used in) operating activities 9,461 (6,567)
Cash flows from investing activities:    
Purchase of vessels, including deposits   (35)
Purchase of other fixed assets (158) (21)
Net proceeds from sale of vessels   12,597
Insurance proceeds for hull and machinery claims 1,607 584
Net cash provided by investing activities 1,449 13,125
Cash flows from financing activities:    
Payment of Series A Preferred Stock issuance costs   (950)
Net cash used in financing activities (14,657) (1,731)
Net (decrease) increase in cash, cash equivalents and restricted cash (3,747) 4,827
Cash, cash equivalents and restricted cash at beginning of period 204,946 169,068
Cash, cash equivalents and restricted cash at end of period 201,199 173,895
Secured Debt | $400 Million Credit Facility    
Cash flows from financing activities:    
Repayments on Term Loan Facility (11,434) (100)
Line of Credit Facility | $98 Million Credit Facility    
Cash flows from financing activities:    
Repayments of Credit Facility $ (2,542) $ 0