XML 62 R18.htm IDEA: XBRL DOCUMENT
v3.19.3

Earnings / (Loss) per share | 6 Months Ended
--- | ---
Jun. 30, 2019
Earnings Per Share [Abstract] |
Earnings / (Loss) per Share: | 11. Earnings / (Loss) per Share: The computation of basic earnings/(loss) per share is based on the weighted average number of common shares outstanding for the six-months ended June 30, 2018 and 2019. The calculation of basic earnings per share does not consider the non-vested shares as outstanding until the time-based vesting restriction has lapsed. Diluted earnings/(loss) per share gives effect to stock awards, stock options and restricted stock units using the treasury stock method, unless the impact is anti-dilutive. Diluted earnings per share for the six-months ended June 30, 2018 does not include the effect of 104,250 non-vested share options outstanding as of that date, as that effect was anti-dilutive. Diluted net loss per share for the six months ended June 30, 2019 does not include the effect of the 956,500 non-vested shares and of the 104,250 non-vested share options outstanding as that date, as their effect was anti-dilutive. The Company calculates basic and diluted earnings / (loss) per share as follows:
|  | Six months ended June 30,
|  | 2018 |  |  | 2019
Income / (Loss) : |  |  |  |  |
Net income / (loss) | $ | 20,628 |  | $ | (45,515)
Basic earnings / (loss) per share: |  |  |  |  |
Weighted average common shares outstanding, basic |  | 64,170,654 |  |  | 92,457,415
Basic earnings / (loss) per share | $ | 0.32 |  | $ | -0.49
Effect of dilutive securities: |  |  |  |  |
Dillutive effect of non vested shares |  | 298,206 |  |  | -
Weighted average common shares outstanding, diluted |  | 64,468,860 |  |  | 92,457,415
Diluted earnings / (loss) per share | $ | 0.32 |  | $ | (0.49)

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration