Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Consolidated Statements of Operations [Abstract]
Revenues	$ 259,474	$ 294,834
Operating Expenses
Voyage Expenses	207,581	223,040
Amortization Expense	16,198	22,107
Vessel Depreciation	21,395	26,233
Other Depreciation	1,607	751
Administrative and General Expenses	22,832	20,985
Impairment Loss	154,463	38,213
(Gain) Loss on Sale of Assets	(4,543)	2
Total Operating Expenses	419,533	331,331
Operating Loss	(160,059)	(36,497)
Interest and Other
Interest Expense	13,342	9,737
Derivative (Gain) Loss	2,991	(132)
Loss on Extinguishment of Debt	585	225
Other Income from Vessel Financing	(1,833)	(1,858)
Investment Income	(30)	(373)
Foreign Exchange Loss	91	184
Total Interest and Other Income	15,146	7,783
Loss Before Provision for Income Taxes and Equity in Net Income (Loss) of Unconsolidated Entities	(175,205)	(44,280)
Provision for Income Taxes	439	10,429
Equity in Net Income (Loss) of Unconsolidated Entities, net	(4,049)	10
Net Loss	(179,693)	(54,699)
Preferred Stock Dividends	5,221	5,221
Net Loss Attributable to Common Stockholders	$ (184,914)	$ (59,920)
Loss Per Common Share:
Basic Loss per Share	$ (25.24)	$ (8.23)
Diluted Loss per Share	$ (25.24)	$ (8.23)
Weighted Average Shares of Common Stock Outstanding:
Basic	7,324,928	7,284,482
Diluted	7,324,928	7,284,482
Common Stock Dividends Per Share	$ 0.35	$ 1.00