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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended 24 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Cash Flows from Operating Activities:        
Net loss $ (22,818) $ (14,773) $ (11,129)  
Adjustments to reconcile net loss to net cash provided by operating activities:        
Vessel depreciation 13,174 12,392 6,390  
Other fixed assets depreciation 36 50 373  
Equity (gains) in unconsolidated joint ventures (713) (778) (291)  
Amortization and write off of deferred financing costs 6,311 1,812 1,305  
Amortization of debt discount 0 324 2,504  
Stock-based compensation expense (34) (34) (34)  
Change in fair value of derivative financial instruments 790 (1,457) (1,821)  
Write-off of short term debt 0 0 (180)  
Non-cash operating lease expense (123) 1,478 0  
Amortization of prepaid bareboat charter hire 0 0 1,657  
Impairment on unconsolidated joint ventures (0) 3,144 (0)  
Impairment on vessels 0 12,310 0  
Loss on sale of other fixed assets 36 0 0  
Loss on sale of vessels 12,355 0 0  
(Increase)/Decrease in:        
Trade accounts receivable 642 173 (194)  
Inventories 334 (385) 58  
Prepayments and other (198) 180 (380)  
Due from related parties 0 75 (75)  
Due to related parties 2,097 (1,781) 2,621  
Accounts payable (2,083) 1,462 695  
Other non-current liabilities 300 0 0  
Accrued liabilities (2,803) 1,665 203  
Unearned revenue (1,263) 3,337 (986)  
Net Cash provided by Operating Activities 6,040 19,194 716  
Cash Flows used in Investing Activities:        
Advances for vessels under construction and capitalized expenses (120,858) (155,090) (63,555)  
Vessel acquisitions 0 (48,140) 0  
Purchase of 10% of M/T Stenaweco Elegance 0 0 (1,190)  
Net proceeds from vessel sales 310,016 0 0  
(Acquisitions) / Sales of other fixed assets, net 35 (36) 0  
Net Cash (used in)/Provided by Investing Activities 181,294 (203,266) (68,426)  
Cash Flows from Financing Activities:        
Proceeds from debt 60,200 252,969 28,500  
Proceeds from short-term debt 0 6,760 32,783  
Proceeds from related party debt 0 0 26,152  
Principal payments and prepayments of debt (269,621) (50,466) (10,221)  
Redemption of Series E Shares (24,568) (14,302) 0  
Prepayment of related party debt 0 0 (1,408)  
Prepayment of short term debt 0 (20,280) (8,993)  
Prepayment of short term Notes 0 0 (5,656)  
Consideration paid in excess of purchase price over book value of vessels (60,850) 0 (22,260)  
Proceeds from issuance of common stock 129,660 18,892 5,781  
Proceeds from warrant exercises 0 4,619 2,330  
Equity offering issuance costs (8,868) (1,859) (536)  
Payment of financing costs (1,851) (6,647) (1,713)  
Derivative financial instrument termination payments (1,379) (5) 0  
Net Cash provided by/(used in) Financing Activities (177,277) 189,681 44,759  
Net (decrease)/increase in cash and cash equivalents and restricted cash 10,057 5,609 (22,951)  
Cash and cash equivalents and restricted cash at beginning of year 13,271 7,662 30,613 $ 30,613
Cash and cash equivalents and restricted cash at end of the year 23,328 13,271 7,662 13,271
Cash breakdown        
Cash and cash equivalents 19,328 4,412 57 4,412
Restricted cash, current 0 859 1,290 859
Restricted cash, non-current 4,000 8,000 6,315 $ 8,000
SUPPLEMENTAL CASH FLOW INFORMATION        
Capital expenditures included in Accounts payable/Accrued liabilities/Due to related parties 388 533 555  
Interest paid, net of capitalized interest 18,309 14,866 6,322  
Finance fees included in Accounts payable/Accrued liabilities/Due to related parties 23 759 2,109  
Equity issuance costs included in liabilities 0 386 117  
Unpaid Excess of consideration over carrying value of acquired assets included in Due to Related Parties (Note 1) 1,150 6,701 0  
Elimination of beneficial conversion feature with debt extinguishment 0 0 3,451  
Beneficial conversion feature of Series E perpetual convertible preferred stock (Note 16) 1,067 9,339 0  
Settlement of related party debt, interest, finance fees, Excess consideration over acquired assets, capital expenditures and dividends with issuance of Series E Shares (Note 16) 16,904 28,158 0  
Dividends payable included in Due to related parties (Note 16) 864 1,621 0  
Transfer of right of use asset balances after operating lease termination to Vessels, net 0 3,800 0  
Carrying value of net assets of companies acquired (Note 1) 0 7,649 0  
Reversal of equity offering costs not payable 235 1,500 0  
Prepaid rent of Navigare Lease included in initial measurement 2,006 0 0  
Deemed dividend equivalents on Series E Shares related to redemption value (Note 16) 2,253 2,359 0  
Equity Offering of Common Stock to Settle Notes [Member]        
SUPPLEMENTAL CASH FLOW INFORMATION        
Settlement of notes with common stock issued 0 0 14,811  
The 2017 Joint Venture [Member]        
Adjustments to reconcile net loss to net cash provided by operating activities:        
Impairment on unconsolidated joint ventures   3,144    
Cash Flows used in Investing Activities:        
Investments in unconsolidated joint ventures (2017 Joint Venture – see Note 17) 19,555 0 (3,681)  
The 2020 Joint Venture [Member]        
Cash Flows used in Investing Activities:        
Investments in unconsolidated joint ventures (2020 Joint Venture – see Note 17) $ (27,454) $ 0 $ 0