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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Profit or loss [abstract]        
Shipping revenues $ 90,177 $ 84,374 $ 237,322 $ 262,808
Operating expenses        
Voyage expenses (41,983) (29,594) (108,502) (77,682)
Vessel operating expenses (19,600) (19,544) (54,581) (50,952)
Depreciation and amortization (26,682) (26,468) (75,226) (70,341)
Impairment charges (3,500) 0 (3,500) (7,487)
Profit/(loss), sale of vessel 0 0 (46) (283)
General and administrative expense (3,445) (3,853) (12,383) (15,512)
Total operating expenses (95,210) (79,460) (254,238) (222,259)
Operating income/(loss) (5,033) 4,914 (16,917) 40,550
Share of profit from associated companies 189 235 641 630
Interest income 73 28 224 99
Interest expense (13,300) (10,586) (39,427) (29,445)
Fair value gain/(loss) on derivative financial instruments 486 478 1,031 1,718
Other financial income/(expenses) (3,850) (81) (4,365) 697
Profit/(loss) before tax (21,435) (5,012) (58,812) 14,248
Income tax expense (40) (55) (98) (133)
Net income/(loss) after tax (21,475) (5,067) (58,910) 14,115
Attributable to the owners of parent $ (21,475) $ (5,067) $ (58,910) $ 14,115
Basic net income/(loss) per share $ (0.15) $ (0.04) $ (0.41) $ 0.12
Diluted net income/(loss) per share $ (0.15) $ (0.04) $ (0.41) $ 0.12
Weighted average number of shares (basic) 143,592,543 142,347,298 143,405,930 118,530,772
Weighted average number of shares (diluted) 143,602,884 142,347,298 143,408,748 118,530,772