Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 152,511	$ 133,400
Restricted cash	8,593	8,242
Due from charterers, net of a reserve of $165 and $283, respectively	10,868	10,373
Prepaid expenses and other current assets	22,611	15,750
Vessels held for sale		4,840
Total current assets	194,583	172,605
Noncurrent assets:
Vessels, net of accumulated depreciation of $197,090 and $163,053, respectively	1,281,918	1,354,760
Deferred drydock, net of accumulated amortization of $8,370 and $6,340 respectively	14,455	12,637
Fixed assets, net of accumulated depreciation and amortization of $932 and $759, respectively	1,012	1,018
Other noncurrent assets	514	514
Restricted cash	24,001	27,426
Total noncurrent assets	1,321,900	1,396,355
Total assets	1,516,483	1,568,960
Current liabilities:
Accounts payable and accrued expenses	22,531	22,885
Current portion of long-term debt	12,076	4,576
Deferred revenue	2,632	1,488
Total current liabilities	37,239	28,949
Noncurrent liabilities:
Long-term lease obligations	2,408	1,868
Long-term debt, net of deferred financing costs of $9,618 and $11,357, respectively	504,896	508,444
Total noncurrent liabilities	507,304	510,312
Total liabilities	544,543	539,261
Commitments and contingencies
Equity:
Series A Preferred Stock, par value $0.01; aggregate liquidation preference of $0 and $120,789 at September 30, 2017 and December 31, 2016, respectively		120,789
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 34,434,538 and 7,354,449 shares at September 30, 2017 and December 31, 2016, respectively	344	74
Additional paid-in capital	1,627,839	1,503,784
Retained deficit	(656,243)	(594,948)
Total equity	971,940	1,029,699
Total liabilities and equity	$ 1,516,483	$ 1,568,960