Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Consolidated Statements of Operations [Abstract]
Revenues	$ 53,801	$ 68,026
Operating Expenses
Voyage Expenses	43,077	52,211
Amortization Expense	3,079	5,187
Vessel Depreciation	5,436	5,543
Other Depreciation	225	184
Administrative and General Expenses	4,513	5,022
Impairment Loss	1,934
Loss on Sale of Assets		68
Total Operating Expenses	58,264	68,215
Operating Loss	(4,463)	(189)
Interest and Other
Interest Expense	3,121	2,668
Derivative Loss	1,438	2,810
Loss on Extinguishment of Debt		95
Other Income from Vessel Financing	(449)	(445)
Investment Income	(3)	(7)
Foreign Exchange Loss		45
Total Interest and Other Income	4,107	5,166
Loss Before Provision for Income Taxes and Equity in Net Income of Unconsolidated Entities	(8,570)	(5,355)
Provision for Income Taxes	26	39
Equity in Net Income of Unconsolidated Entities, net	142	893
Net Loss	(8,454)	(4,501)
Preferred Stock Dividends	1,305	1,305
Net Loss Attributable to Common Stockholders	$ (9,759)	$ (5,806)
Loss Per Common Share:
Basic Loss per Share	$ (1.32)	$ (0.79)
Diluted Loss per Share	$ (1.32)	$ (0.79)
Weighted Average Shares of Common Stock Outstanding:
Basic	7,382,966	7,308,482
Diluted	7,382,966	7,308,482
Common Stock Dividends Per Share		$ 0.25