Arduino IDE silent crash (1.0.5, 1.5.7, 1.5.8) on linux (64bit) java exception

I would like some input and/or help with strange problem which occured yesterday a persist till now.
I cannot run any version of Arduino IDE, I always get silent crash. When i run the program from commandline, i get:

Exception in thread "main" java.lang.NullPointerException

I suspect there is some problem with my java version/installation, but I didnt install any updates os upgrates recently.

$ java -version
java version "1.7.0_65"
OpenJDK Runtime Environment (IcedTea 2.5.2) (7u65-2.5.2-3~14.04)
OpenJDK 64-Bit Server VM (build 24.65-b04, mixed mode)
$ uname -a
Linux timelinex 3.16.0-pf2+ #1 SMP PREEMPT Sun Sep 7 20:54:58 EEST 2014 x86_64 x86_64 x86_64 GNU/Linux

EDIT: with the newest nightly (as of 11 october 2014) rather slowly but IDE is running and not silently crashing.