Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 165,876	$ 197,499
Restricted cash		4,947
Due from charterers, net of a reserve of $1,257 and $669, respectively	20,391	22,306
Prepaid expenses and other current assets	9,996	10,449
Inventories	22,982	29,548
Vessels held for sale	21,819	5,702
Total current assets	241,064	270,451
Noncurrent assets:
Vessels, net of accumulated depreciation of $272,074 and $244,529, respectively	1,290,741	1,344,870
Deferred drydock, net of accumulated amortization of $11,860 and $13,553 respectively	16,039	9,544
Fixed assets, net of accumulated depreciation and amortization of $1,789 and $1,281, respectively	5,229	2,290
Operating lease right-of-use assets	8,576
Restricted cash	315	315
Total noncurrent assets	1,320,900	1,357,019
Total assets	1,561,964	1,627,470
Current liabilities:
Accounts payable and accrued expenses	41,145	29,143
Current portion of long-term debt	70,111	66,320
Deferred revenue	6,325	6,404
Current operating lease liabilities	1,655
Total current liabilities:	119,236	101,867
Noncurrent liabilities:
Long-term operating lease liabilities	10,253
Deferred rent		3,468
Long-term debt, net of deferred financing costs of $14,054 and $16,272, respectively	434,440	468,828
Total noncurrent liabilities	444,693	472,296
Total liabilities	563,929	574,163
Commitments and contingencies (Note 14)
Equity:
Common stock, par value $0.01; 500,000,000 shares authorized; 41,656,947 and 41,644,470 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	416	416
Additional paid-in capital	1,741,759	1,740,163
Retained deficit	(744,140)	(687,272)
Total equity	998,035	1,053,307
Total liabilities and equity	$ 1,561,964	$ 1,627,470