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Vessels, Net (Tables) | 12 Months Ended
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Dec. 31, 2016
Property, Plant and Equipment [Abstract] |
Schedule of Vessels, Net |
Vessels, net, are comprised of the following:
|  | Vessel |  | Accumulated |  | Net Book
Cost |  | Depreciation |  | Value
Balance, January 1, 2015 |  | $ | 1,160,911 |  | $ | (200,488) |  | $ | 960,423
Transfer from Advances for vessel acquisitions and vessels under construction |  |  | 119,520 |  |  | — |  |  | 119,520
Impairment loss |  |  | (23,924) |  |  | 11,025 |  |  | (12,899)
Transfer to Assets held for sale |  |  | (31,750) |  |  | — |  |  | (31,750)
Depreciation expense |  |  | — |  |  | (47,133) |  |  | (47,133)
Balance, December 31, 2015 |  | $ | 1,224,757 |  | $ | (236,596) |  | $ | 988,161
Transfer from Advances for vessel acquisitions and vessels under construction |  |  | 100,043 |  |  |  |  |  | 100,043
Depreciation expense |  |  | — |  |  | (49,485) |  |  | (49,485)
Balance, December 31, 2016 |  | $ | 1,324,800 |  | $ | (286,081) |  | $ | 1,038,719

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- Definition Tabular disclosure of the rollforward of the value of long-lived, physical assets that are used in the normal conduct of business and not intended for resale. + References No definition available. + Details
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- References No definition available. + Details
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