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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Voyage revenues (Note 15) $ 1,427,423 $ 693,241 $ 821,365
Expenses      
Voyage expenses (Notes 3 and 16) 226,111 200,058 222,962
Charter-in hire expenses (Note 3) 14,565 32,055 126,813
Vessel operating expenses (Note 16) 208,661 178,543 160,062
Dry docking expenses 30,986 23,519 57,444
Depreciation (Note 5) 152,640 142,293 124,280
Management fees (Notes 3 and 9) 19,489 18,405 17,500
General and administrative expenses (Note 3) 39,500 31,881 34,819
Impairment loss (Notes 5 and 17) 0 0 3,411
(Gain)/Loss on time charter agreement termination (1,102) 0 0
Other operational loss 2,214 1,513 110
Other operational gain (2,110) (3,231) (2,423)
Provision for doubtful debts  629 373 1,607
(Gain)/Loss on forward freight agreements and bunker swaps, net (Note 17) (3,564) (16,156) (4,411)
(Gain)/Loss on sale of vessels (Note 5) 0 0 5,493
Total operating expenses 688,019 609,253 747,667
Operating income / (loss) 739,404 83,988 73,698
Other Income/ (Expenses):      
Interest and finance costs (Note 7) (56,036) (69,555) (87,617)
Interest and other income/(loss) 315 267 1,299
Loss on debt extinguishment (Note 7) (3,257) (4,924) (3,526)
Total other expenses, net (58,978) (74,212) (89,844)
Income / (loss) before taxes and equity in income of investee 680,426 9,776 (16,146)
Income taxes (Note 13) (16) (152) (109)
Income/(Loss) before equity in income of investee 680,410 9,624 (16,255)
Equity in income / (loss) of investee 120 36 54
Net income/(loss) $ 680,530 $ 9,660 $ (16,201)
Earnings / (Loss) per share, basic  $ 6.73 $ 0.10 $ (0.17)
Earnings / (Loss) per share, diluted $ 6.71 $ 0.10 $ (0.17)
Weighted average number of shares outstanding, basic (Note 11) 101,183,829 96,128,173 93,735,549
Weighted average number of shares outstanding, diluted  (Note 11) 101,479,072 96,281,389 93,735,549