CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 165,994	$ 191,089
Restricted cash	58	7,272
Voyage receivables, including unbilled of $9,919 and $12,593	24,209	23,456
Income tax recoverable	1,122	877
Receivable from INSW	372	683
Other receivables	2,184	2,696
Prepaid expenses and other current assets	13,356	12,243
Total Current Assets	207,295	238,316
Restricted cash	217	8,572
Vessels and other property, less accumulated depreciation	632,509	684,468
Deferred drydock expenditures, net	23,914	31,172
Total Vessels, Deferred Drydock and Other Property	656,423	715,640
Investments in and advances to affiliated companies	3,785	3,694
Intangible assets, less accumulated amortization	41,017	45,617
Other assets	23,150	18,658
Total Assets	931,887	1,030,497
Current Liabilities:
Accounts payable, accrued expenses and other current liabilities	34,220	57,222
Income taxes payable	151	306
Current installments of long-term debt	28,160	0
Total Current Liabilities	62,531	57,528
Reserve for uncertain tax positions	3,205	3,129
Long-term debt	420,776	525,082
Deferred income taxes	83,671	141,457
Other liabilities	48,466	48,969
Total Liabilities	618,649	776,165
Equity:
Common stock - Class A ($0.01 par value; 166,666,666 shares authorized; 78,277,669 and 70,271,172 shares issued and outstanding)	783	702
Paid-in additional capital	584,675	583,526
Accumulated deficit	(265,758)	(321,736)
Stockholders Equity Subtotal	319,700	262,492
Accumulated other comprehensive loss	(6,462)	(8,160)
Total Equity	313,238	254,332
Total Liabilities and Equity	$ 931,887	$ 1,030,497