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Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Revenues:    
Voyage revenues $ 253,661 $ 143,471
Total revenues 253,661 143,471
Expenses    
Voyage expenses 42,586 31,649
Charter-in hire expenses 40,763 1,736
Vessel operating expenses 53,681 49,560
Dry docking expenses 3,269 3,248
Depreciation 43,243 40,387
Management fees 3,913 3,689
General and administrative expenses 17,702 17,316
Other operational loss 0 751
Other operational gain (Note 9) (41) (2,461)
(Gain)/Loss on forward freight agreements and bunker swaps (Note 13) (2,000) 541
(Gain)/Loss on sale of vessels (Note 5) 0 370
Total Operating Expenses 203,116 146,786
Operating income / (loss) 50,545 (3,315)
Other Income/ (Expenses):    
Interest and finance costs (Note 7) (30,338) (23,766)
Interest and other income/(loss) 394 1,223
Gain / (Loss) on derivative financial instruments, net (Note 13) (1) 100
Loss on debt extinguishment (Note 7) (21) (358)
Total other expenses, net (29,966) (22,801)
Income/(Loss) before equity in income of investee 20,579 (26,116)
Equity in income of investee 49 4
Income / (loss) before taxes 20,628 (26,112)
Income taxes 0 (117)
Net income/(loss) $ 20,628 $ (26,229)
Earnings / (Loss) per share, basic $ 0.32 $ (0.42)
Earnings / (Loss) per share, diluted $ 0.32 $ (0.42)
Weighted average number of shares outstanding, basic (Note 10) 64,170,654 62,188,645
Weighted average number of shares outstanding, diluted (Note 10) 64,468,860 62,188,645