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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 91,154 $ (159,652)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 41,409 49,619
Amortization of deferred financing costs 3,110 2,906
Amortization of fair market value of time charters acquired (2,043)  
Right-of-use asset amortization 1,037 1,016
Amortization of nonvested stock compensation expense 1,670 1,491
Impairment of vessel assets   134,710
Loss on sale of vessels 894 844
Loss on debt extinguishment 4,408  
Amortization of premium on derivative 153  
Interest rate cap premium payment (240)  
Insurance proceeds for protection and indemnity claims 913 330
Insurance proceeds for loss of hire claims   78
Change in assets and liabilities:    
(Increase) decrease in due from charterers (9,078) 2,795
(Increase) decrease in prepaid expenses and other current assets (193) 143
(Increase) decrease in inventories (2,139) 6,049
Increase (decrease) in accounts payable and accrued expenses 1,111 (17,956)
Increase in deferred revenue 6,020 1,691
Decrease in operating lease liabilities (1,314) (1,250)
Deferred drydock costs incurred (1,885) (6,799)
Net cash provided by operating activities 134,987 16,015
Cash flows from investing activities:    
Purchase of vessels and ballast water treatment systems, including deposits (113,199) (3,379)
Purchase of scrubbers (capitalized in Vessels) (193) (10,948)
Purchase of other fixed assets (901) (3,684)
Net proceeds from sale of vessels 36,696 29,854
Insurance proceeds for hull and machinery claims 295 484
Net cash (used in) provided by investing activities (77,302) 12,327
Cash flows from financing activities:    
Cash dividends paid (7,175) (8,963)
Payment of deferred financing costs (5,474) (462)
Net cash used in financing activities (156,877) (29,816)
Net decrease in cash, cash equivalents and restricted cash (99,192) (1,474)
Cash, cash equivalents and restricted cash at beginning of period 179,679 162,249
Cash, cash equivalents and restricted cash at end of period 80,487 160,775
Secured Debt | $450 Million Credit Facility    
Cash flows from financing activities:    
Proceeds from credit facility 350,000  
Repayment of secured debt (45,000)  
Secured Debt | $133 Million Credit Facility    
Cash flows from financing activities:    
Proceeds from credit facility   24,000
Repayment of secured debt (114,940) (5,660)
Secured Debt | $495 Million Credit Facility    
Cash flows from financing activities:    
Proceeds from credit facility   11,250
Repayment of secured debt $ (334,288) $ (49,981)