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Vessels, Net (Tables)

12 Months Ended

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.

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