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Earnings / (Loss) per Share: | 6 Months Ended
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Jun. 30, 2020
Earnings Per Share [Abstract] |
Earnings / (Loss) per Share: | 10. 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, 2019 and 2020. 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 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 of that date, as that effect was anti-dilutive. Diluted earnings per share for the six months ended June 30, 2020 does not include the effect of the 1,371,038 non-vested shares outstanding as of that date, as their effect was anti-dilutive. The Company calculates basic and diluted earnings / (loss) per share as follows: Earnings / (Loss) per Share (Table)
|  | Six months ended June 30,
|  |  | 2019 |  |  | 2020
Income / (Loss) : |  |  |  |  |  |
Net income / (loss) |  | $ | (45,515) |  | $ | (41,365)
Basic earnings / (loss) per share: |  |  |  |  |  |
Weighted average common shares outstanding, basic |  |  | 92,457,415 |  |  | 95,797,142
Basic earnings / (loss) per share |  | $ | (0.49) |  | $ | (0.43)
Effect of dilutive securities: |  |  |  |  |  |
Dillutive effect of non vested shares |  |  | — |  |  | —
Weighted average common shares outstanding, diluted |  |  | 92,457,415 |  |  | 95,797,142
Diluted earnings / (loss) per share |  | $ | (0.49) |  | $ | (0.43)

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