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UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Total before Non- controlling Interests
Share Capital
Treasury Shares
Additional Paid-in Capital
Contributed Surplus
 [1]
Accumulated Other Comprehensive Loss
Accumulated Retained (Losses)/Earnings
Non-controlling Interest
Beginning balance at Dec. 31, 2017 $ 1,796,304 $ 1,715,316 $ 101,119 $ (20,483) $ 1,538,191 $ 200,000 $ (7,769) $ (95,742) $ 80,988
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss)/income 141,973 81,529           81,529 60,444
Dividends (37,958) (22,350)           (22,350) (15,608)
Exercise of share options 2,597 2,597 180   2,417        
Grant of employee stock compensation 11,026 11,026     11,159     (133)  
Forfeiture of employee stock compensation (1,492) (1,492)     (1,492)        
Proceeds from subscription of equity interest in Gimi MS Corporation (note 9) 28,703               28,703
Sale of equity interest in common units 177,977 304,468     304,468       (126,491)
Conversion of debt to equity 55,134               55,134
Other comprehensive loss/income (27,868) (27,868)         (27,868)    
Ending balance at Sep. 30, 2018 2,146,396 2,063,226 101,299 (20,483) 1,854,743 200,000 (35,637) (36,696) 83,170
Beginning balance at Dec. 31, 2018 1,825,791 1,745,125 101,303 (20,483) 1,857,196 200,000 (28,512) (364,379) 80,666
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss)/income (166,826) (236,724)           (236,724) 69,898
Dividends (44,517) (28,810)           (28,810) (15,707)
Grant of employee stock compensation 7,601 7,601     7,601        
Forfeiture of employee stock compensation (473) (473)     (473)        
Proceeds from subscription of equity interest in Gimi MS Corporation (note 9) 77,086 9,989     9,989       67,097
Other comprehensive loss/income (6,624) (6,624)         (6,624)    
Ending balance at Sep. 30, 2019 $ 1,692,038 $ 1,490,084 $ 101,303 $ (20,483) $ 1,874,313 $ 200,000 $ (35,136) $ (629,913) $ 201,954
[1] Contributed Surplus is 'capital' that can be returned to shareholders without the need to reduce share capital, thereby giving us greater flexibility when it comes to declaring dividends.