Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 133,400	$ 121,074
Restricted cash	8,242	19,500
Due from charterers, net	10,373	10,586
Prepaid expenses and other current assets	15,750	21,369
Vessels held for sale	4,840
Total current assets	172,605	172,529
Noncurrent assets:
Vessels, net of accumulated depreciation of $163,053 and $107,998, respectively	1,354,760	1,508,221
Deferred drydock, net of accumulated amortization of $6,340 and $3,207 respectively	12,637	16,177
Deferred financing costs, net of accumulated amortization of $0 and $734, respectively		3,294
Fixed assets, net of accumulated depreciation and amortization of $759 and $404, respectively	1,018	1,286
Other noncurrent assets	514	514
Restricted cash non-current	27,426	315
Investments		12,327
Total noncurrent assets	1,396,355	1,542,134
Total assets	1,568,960	1,714,663
Current liabilities:
Accounts payable and accrued expenses	22,885	27,467
Current portion of long-term debt, net of deferred financing costs of $0 and $9,411, respectively	4,576	579,023
Deferred revenue	1,488	1,058
Total current liabilities	28,949	607,548
Noncurrent liabilities:
Long-term lease obligations	1,868	1,149
Long-term debt, net of deferred financing costs of $11,357 and $0, respectively	508,444
Total noncurrent liabilities	510,312	1,149
Total liabilities	539,261	608,697
Commitments and contingencies
Equity:
Series A Preferred Stock, par value $0.01: aggregate liquidation preference of $120,789 and $0 at December 31, 2016 and December 31, 2015, respectively	120,789
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 7,354,449 and 7,289,823 shares at December 31, 2016 and December 31, 2015, respectively	74	73
Additional paid-in capital	1,503,784	1,483,105
Accumulated other comprehensive loss		21
Retained deficit	594,948	377,191
Total equity	1,029,699	1,105,966
Total liabilities and equity	$ 1,568,960	$ 1,714,663