CONDENSED COMBINED FINANCIAL STATEMENTS OF DEBTOR SUBSIDIARIES (Tables)

12 Months Ended

Dec. 31, 2012

Condensed Combined Financial Statements Of Debtor Subsidiaries [Abstract]

Schedule Of Combined Condensed Balance Sheet Information [Table Text Block]

	Total
	Combined
	Debtor
Combined Balance Sheet Information at December 31, 2012	Entities
ASSETS
Current Assets:
Cash and cash equivalents	$	471,726
Voyage receivables		178,635
Other receivables		38,153
Inventories		15,532
Prepaid expenses and other current assets		40,070
Total Current Assets		744,116
Vessels and other property, less accumulated depreciation		2,849,331
Deferred drydock expenditures, net		74,418
Total Vessels, Deferred Drydock and Other Property		2,923,749
Investments in Affiliated Companies		252,098
Intangible assets, less accumulated amortization		71,736
Goodwill		9,668
Investments in subsidiaries		147,921
Pre and Post-petition intercompany loans receivable and accrued interest		76,611
Pre-petition intercompany receivables		2,233,404
Post-petition intercompany receivables		927
Other Assets		26,767
Total Assets	$	6,486,997
LIABILITIES AND EQUITY
Current Liabilities:
Accounts payable, accrued expenses and other current liabilities	$	84,477
Deferred income taxes		25,900
Income taxes payable, including reserve for uncertain tax positions of $326,121		329,922
Total Current Liabilities		440,299
Noncurrent Liabilities:
Reserve for Uncertain Tax Positions		17,067
Deferred Gain on Sale and Leaseback of Vessels		3,839
Deferred Income Taxes		346,620
Other Liabilities		29,326
Post-petition intercompany payables		47,075
Liabilities Subject to Compromise,     including pre-petition intercompany payables		4,811,562
Total Liabilities		5,695,788
Equity:
Total Equity		791,209
Total Liabilities and Equity	$	6,486,997

Schedule Of Combined Condensed Income Statement [Table Text Block]

For the year ended December 31, 2012	Total Combined Debtor Entities
Shipping Revenues:
Pool revenues	$	240,487
Time and bareboat charter revenues		299,220
Voyage charter revenues		583,253
Sunoco termination fee		13,300
		1,136,260
Operating Expenses:
Voyage expenses		297,652
Vessel expenses		283,858
Charter hire expenses		368,298
Depreciation and amortization		201,670
General and administrative		66,544
Loss on disposal of vessels, including impairments		271,295
Total Operating Expenses		1,489,317
Loss from Vessel Operations		(353,057)
Equity in Income of Affiliated Companies		33,486
Operating Loss		(319,571)
Other Income/(Expense)		(21,684)
Loss before Interest Expense, Reorganization
Items and Income Taxes		(341,255)
Interest Expense		(93,421)
Loss before Reorganization Items and Income
Taxes		(434,676)
Reorganization Items, net		(41,113)
Loss before Income Taxes		(475,789)
Income Tax Benefit		1,485
Net Loss	$	(474,304)

Schedule Of Combined Condensed Cash Flow Statement [Table Text Block]

For the year ended December 31, 2012	Total Combined Debtor Entities
Cash Flows from Operating Activities:
Net loss	$	(474,304)
Items included in net loss not affecting cash flows:
Depreciation and amortization		201,670
Loss on write-down of vessels		279,382
Amortization of deferred gain on sale and leasebacks		(5,905)
Amortization of debt discount and other deferred financing costs		3,198
Deferred financing costs write-off		12,540
Compensation relating to restricted stock and stock option grants		7,076
Dedesignation of interest rate swap agreements		1,866
Deferred income tax benefit		(30,065)
Undistributed earnings of affiliated companies		(22,771)
Deferred payment obligations on charters-in		5,600
Reorganization items, non-cash		34,676
Loss on sublease contracts		895
Other – net		7,190
Items included in net loss related to investing and financing activities:
Loss on sale or write-down of securities and other  investments - net		3,132
Gain on disposal of vessels – net		(8,087)
Payments for drydocking		(45,990)
Changes in operating assets and liabilities		(29,245)
Net cash used in operating activities		(59,142)
Cash Flows from Investing Activities:
Proceeds from sale of investments		12,979
Proceeds from disposal of vessels		12,886
Expenditures for vessels and other property		(54,625)
Distributions from affiliated companies		6,608
Other – net		564
Net cash used in investing activities		(21,588)
Cash Flows from Financing Activities:
Purchases of treasury stock		(307)
Issuance of debt, net of issuance costs and deferred financing costs		572,000
Payments on debt		(63,990)
Issuance of common stock upon exercise of stock options		68
Net cash provided by financing activities		507,771
Net increase in cash and cash equivalents		427,041
Cash and cash equivalents at beginning of year		44,685
Cash and cash equivalents at end of year	$	471,726