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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss $ (56,931) $ (30,112)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 33,336 36,358
Amortization of deferred financing costs 1,239 1,153
PIK interest, net   3,028
Payment of PIK interest (5,341) 0
Amortization of nonvested stock compensation expense 1,131 2,281
Impairment of vessel assets 56,586 3,339
Gain on sale of vessels 0 (7,712)
Loss on debt extinguishment 4,533  
Insurance proceeds for protection and indemnity claims 187 269
Insurance proceeds for loss of hire claims 58 21
Change in assets and liabilities:    
(Increase) decrease in due from charterers (2,201) 3,940
Increase in prepaid expenses and other current assets (2,910) (7,762)
(Increase) decrease in inventories (7,731) 205
Decrease in other noncurrent assets 514  
Increase (decrease) in accounts payable and accrued expenses 2,284 (1,406)
Increase in deferred revenue 1,185 160
Increase in lease obligations 539 360
Deferred drydock costs incurred (1,459) (5,291)
Net cash provided by (used in) operating activities 25,019 (1,169)
Cash flows from investing activities:    
Purchase of vessels, including deposits (747) (252)
Purchase of other fixed assets (491) (65)
Net proceeds from sale of vessels   15,513
Insurance proceeds for hull and machinery claims 3,107 584
Net cash provided by investing activities 1,869 15,780
Cash flows from financing activities:    
Payment of debt extinguishment costs (2,962)  
Proceeds from issuance of common stock 110,249  
Payment of common stock issuance costs (48)  
Payment of Series A Preferred Stock   (1,103)
Payment of deferred financing costs (9,679)  
Net cash provided by (used in) financing activities 38,477 (2,684)
Net increase in cash, cash equivalents and restricted cash 65,365 11,927
Cash, cash equivalents and restricted cash at beginning of period 204,946 169,068
Cash, cash equivalents and restricted cash at end of period 270,311 180,995
Secured Debt | $460 Million Credit Facility    
Cash flows from financing activities:    
Proceeds from credit facility 460,000  
Repayment of secured debt 0  
Secured Debt | $400 Million Credit Facility    
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Payment of PIK interest (5,341)  
Cash flows from financing activities:    
Repayment of secured debt (399,600) (200)
Secured Debt | 2014 Term Loan Facilities    
Cash flows from financing activities:    
Repayment of secured debt (25,544) (1,381)
Line of Credit Facility | $98 Million Credit Facility    
Cash flows from financing activities:    
Repayments of Credit Facility $ (93,939) $ 0