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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2014
Oct. 15, 2014
Dec. 31, 2015
Dec. 31, 2013
Successor [Member]        
Revenues, net $ 31,089,603   $ 103,856,876  
Voyage expenses 6,262,082   23,832,457  
Vessel expenses 18,579,204   92,439,549  
Charter hire expenses 1,042,760   4,125,766  
Depreciation and amortization 8,781,846   43,000,741  
General and administrative expenses $ 4,685,382   19,426,518  
Net loss on sale of vessel   5,696,675  
Impairment of vessels   $ 50,872,734  
Gain on time charter agreement termination    
Total operating expenses $ 39,351,274   $ 239,394,440  
Operating income (loss) (8,261,671)   (135,537,564)  
Interest expense 2,359,326   11,927,422  
Interest income (2,238)   (6,222)  
Other expense (884,427)   $ (838,201)  
Reorganization items, net 45,542    
Total other expense (income), net 3,287,057   $ 12,759,401  
Net loss $ (11,548,728)   $ (148,296,965)  
Weighted average shares outstanding:        
Basic (in shares) (0.31)   37,617,358  
Diluted (in shares) (0.31)   37,617,358  
Per share amounts:        
Basic net loss (in dollars per share) $ (0.31)   $ (3.94)  
Diluted net loss (in dollars per share) $ (0.31)   $ (3.94)  
Predecessor [Member]        
Revenues, net   $ 123,150,214   $ 202,439,528
Voyage expenses   14,703,850   26,423,447
Vessel expenses   76,393,855   $ 84,424,790
Charter hire expenses   188,233  
Depreciation and amortization   61,238,760   $ 76,947,400
General and administrative expenses   $ 13,964,444   $ 16,026,634
Net loss on sale of vessel    
Impairment of vessels    
Gain on time charter agreement termination     $ (32,526,047)
Total operating expenses   $ 166,489,142   171,296,224
Operating income (loss)   (43,338,928)   31,143,304
Interest expense   60,737,471   82,907,627
Interest income   $ (8,352)   (75,273)
Other expense     $ (18,832,333)
Reorganization items, net   $ 427,735,210  
Total other expense (income), net   488,464,329   $ 101,664,687
Net loss   $ (531,803,257)   $ (70,521,383)
Weighted average shares outstanding:        
Basic (in shares)   17,857,408   16,983,913
Diluted (in shares)   17,857,408   16,983,913
Per share amounts:        
Basic net loss (in dollars per share)   $ (29.78)   $ (4.15)
Diluted net loss (in dollars per share)   $ (29.78)   $ (4.15)