Consolidated Statements of Operations - USD ($)		3 Months Ended	9 Months Ended	12 Months Ended
		Dec. 31, 2014	Oct. 15, 2014	Dec. 31, 2016	Dec. 31, 2015
Successor [Member]
Revenues, net		$ 31,089,603		$ 124,492,844	$ 103,856,876
Voyage expenses		6,262,082		42,093,714	23,832,457
Vessel expenses		17,331,575		74,016,763	86,329,060
Charter hire expenses		1,042,760		12,845,468	4,125,766
Depreciation and amortization		8,781,846		38,884,322	43,000,741
General and administrative expenses		5,933,011		22,905,802	25,537,007
Restructuring charges				5,869,025
Net loss on sale of vessels				101,860	5,696,675
Impairment of vessels				129,027,862	50,872,734
Total operating expenses		39,351,274		325,744,816	239,394,440
Operating income (loss)		(8,261,671)		(201,251,972)	(135,537,564)
Interest expense		2,359,326		21,799,146	11,927,422
Interest income		(2,238)		(215,433)	(6,222)
Other expense		884,427		686,750	838,201
Reorganization items, net		45,542
Total other expense (income), net		3,287,057		22,270,463	12,759,401
Net loss		$ (11,548,728)		$ (223,522,435)	$ (148,296,965)
Weighted average shares outstanding:
Basic* (in shares)	[1],[2]	1,875,227		20,565,652	1,880,116
Diluted* (in shares)	[1],[2]	1,875,227		20,565,652	1,880,116
Per share amounts:
Basic net loss (in dollars per share)		$ (6.16)		$ (10.87)	$ (78.88)
Diluted net loss (in dollars per share)		$ (6.16)		$ (10.87)	$ (78.88)
Predecessor [Member]
Revenues, net			$ 123,150,214
Voyage expenses			14,703,850
Vessel expenses			71,679,034
Charter hire expenses			188,233
Depreciation and amortization			61,238,760
General and administrative expenses			18,679,265
Restructuring charges
Net loss on sale of vessels
Impairment of vessels
Total operating expenses			166,489,142
Operating income (loss)			(43,338,928)
Interest expense			60,737,471
Interest income			(8,352)
Other expense
Reorganization items, net			427,735,210
Total other expense (income), net			488,464,329
Net loss			$ (531,803,257)
Weighted average shares outstanding:
Basic* (in shares)	[1],[2]		17,857,408
Diluted* (in shares)	[1],[2]		17,857,408
Per share amounts:
Basic net loss (in dollars per share)			$ (29.78)
Diluted net loss (in dollars per share)			$ (29.78)

[1] Adjusted to give effect for the 1 for 20 reverse stock split for the Successor that became effective as of the opening of trading on August 5, 2016.

[2] Adjusted to give effect for the 1 for 20 reverse stock split for the Successor that became effective as of the opening of trading on August 5, 2016.