Consolidated Statements of Cash Flows - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Oct. 15, 2014	Dec. 31, 2016	Dec. 31, 2015
Successor [Member]
Cash flows from operating activities:
Net Loss	$ (11,548,728)		$ (223,522,435)	$ (148,296,965)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	8,781,846		35,556,911	41,044,397
Amortization of deferred drydocking costs			3,327,411	1,956,344
Amortization of debt discount and debt issuance costs	256,175		4,532,481	2,146,316
Reorganization items and fresh-start reporting adjustments, net
Amortization of fair value below contract value of time charter acquired	(235,709)		(661,253)	(948,741)
Payment-in-kind interest on debt			7,327,843
Net loss on sale of vessels			101,860	5,696,675
Impairment of vessels			129,027,862	50,872,734
Realized loss from sale of investment	884,426			462,394
Allowance for accounts receivable
Non-cash compensation expense	2,121,505		2,206,690	3,969,989
Drydocking expenditures	(1,960,792)		(3,688,711)	(11,141,561)
Changes in operating assets and liabilities:
Accounts receivable	(1,007,975)		1,986,820	7,654,773
Other assets	1,086,391		(26,799)	4,691,158
Prepaid expenses	43,355		138,801	(19,833)
Inventories	2,919,530		(5,302,307)	174,867
Accounts payable	(1,903,888)		(1,081,317)	(3,447,224)
Accrued interest	516,849		(372,360)	(130,686)
Accrued expenses	(4,342)		528,563	2,357,787
Unearned revenue	(227,824)		4,485,630	(829,193)
Net cash used in operating activities	(279,181)		(45,434,310)	(43,786,769)
Cash flows from investing activities:
Vessel purchases /improvements	(194,514)		(19,860,401)	(1,747,099)
Advance for vessel purchase			(1,926,886)
Proceeds from sale of investment	4,400,278			7,838,346
Proceeds from sale of vessels			13,001,000	4,235,542
Purchase of other fixed assets			(560,348)
Changes in restricted cash			66,244	(74,918)
Net cash provided by/(used in) investing activities	4,205,764		(9,280,391)	10,251,871
Cash flows from financing activities:
Debtor-In-Possession Loan
Repayment of Debtor-In-Possession Loan
Long-Term borrowings
Repayment of loan			(21,276,000)	(19,625,000)
Proceeds from common stock placement, net of issuance costs			85,700,535
Deferred financing costs			(3,086,947)	(500,000)
Cash used to settle net share equity awards			(2,938)	(1,419,228)
Net cash provided by financing activities			106,334,650	18,455,772
Net increase/(decrease) in cash and cash equivalents	3,926,583		51,619,949	(15,079,126)
Cash and cash equivalents at beginning of period	36,048,704		24,896,161	39,975,287
Cash and cash equivalents at end of period	39,975,287	$ 36,048,704	76,516,110	24,896,161
Supplemental cash flow information:
Cash paid during the period for interest	1,586,303		10,257,766	9,911,793
Successor [Member] | Revolver Loan [Member]
Cash flows from financing activities:
Repayment of loan			(30,158,500)
Proceeds from Revolver Loan facility			15,158,500	40,000,000
Successor [Member] | Term Loan [Member]
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount and debt issuance costs
Cash flows from financing activities:
Proceeds from Revolver Loan facility			$ 60,000,000
Predecessor [Member]
Cash flows from operating activities:
Net Loss		(531,803,257)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		58,717,282
Amortization of deferred drydocking costs		2,521,478
Amortization of debt discount and debt issuance costs		17,028,544
Reorganization items and fresh-start reporting adjustments, net		402,423,980
Amortization of fair value below contract value of time charter acquired
Payment-in-kind interest on debt		17,858,132
Net loss on sale of vessels
Impairment of vessels
Realized loss from sale of investment
Allowance for accounts receivable		2,289,509
Non-cash compensation expense		1,072,383
Drydocking expenditures		(3,802,795)
Changes in operating assets and liabilities:
Accounts receivable		(4,815,734)
Other assets		(5,880,809)
Prepaid expenses		1,710,579
Inventories		941,469
Accounts payable		7,145,279
Accrued interest		14,964,109
Accrued expenses		2,935,346
Unearned revenue		(2,770,425)
Net cash used in operating activities		(19,464,930)
Cash flows from investing activities:
Vessel purchases /improvements		(291,244)
Advance for vessel purchase
Proceeds from sale of investment
Proceeds from sale of vessels
Purchase of other fixed assets		(199,421)
Changes in restricted cash
Net cash provided by/(used in) investing activities		(490,665)
Cash flows from financing activities:
Debtor-In-Possession Loan		25,000,000
Repayment of Debtor-In-Possession Loan		(25,000,000)
Long-Term borrowings		219,500,000
Repayment of loan		(182,603,425)
Proceeds from common stock placement, net of issuance costs
Deferred financing costs		(575,000)
Cash used to settle net share equity awards
Net cash provided by financing activities		36,321,575
Net increase/(decrease) in cash and cash equivalents		16,365,980
Cash and cash equivalents at beginning of period	36,048,704	19,682,724
Cash and cash equivalents at end of period		36,048,704
Supplemental cash flow information:
Cash paid during the period for interest		10,886,687
Predecessor [Member] | Revolver Loan [Member]
Cash flows from financing activities:
Repayment of loan
Proceeds from Revolver Loan facility
Predecessor [Member] | Term Loan [Member]
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount and debt issuance costs		16,278,544
Cash flows from financing activities:
Proceeds from Revolver Loan facility