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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
REVENUES:    
Time Charter Revenues $ 140,456 $ 88,074
OPERATING EXPENSES    
Voyage Expenses 663 4,072
Vessel Operating Expenses 34,822 37,731
Depreciation and Amortization of Deferred Charges 20,457 20,141
General and Administrative Expenses 14,947 13,909
Management Fees to Related Party (Note 2(c)) 228 854
Loss on Sale of Vessels   203
Insurance Recoveries (Note 6(a)) (1,789)  
Other Operating Income (341) (4)
Operating Income, Total 71,469 11,168
OTHER INCOME / (EXPENSES):    
Interest Expense and Finance Costs (Note 8) (11,209) (9,342)
Interest and Other Income 622 50
Loss on Extinguishment of Debt   (158)
Gain/(Loss) from Equity Method Investments (Note 2(c)) 767 (198)
Total Other Expenses, Net (9,820) (9,648)
Net Income 61,649 1,520
Dividends on series B preferred shares (Notes 7 (b)and 9) (2,884) (2,884)
Net Income/(Loss) Attributable to Common Stockholders $ 58,765 $ (1,364)
Earnings/(Loss) Per Common Share, Basic (Note 9) $ 0.76 $ (0.02)
Earnings/(Loss) Per Common Share, Diluted (Note 9) $ 0.73 $ (0.02)
Weighted Average Number of Common Shares Outstanding, Basic (Note 9) 77,343,851 82,792,000
Weighted Average Number of Common Shares Outstanding, Diluted (Note 9) 80,308,679 82,792,000