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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) [Abstract]        
Shipping revenues $ 142,196 $ 104,740 $ 600,046 $ 343,233
Operating expenses        
Voyage expenses (24,691) (45,847) (127,296) (137,360)
Vessel operating expenses (20,496) (19,385) (60,044) (56,453)
Depreciation and amortization (31,117) (29,656) (92,217) (84,922)
Impairment charges (4,920) 0 (4,920) 0
General and administrative expense (4,084) (3,520) (13,418) (11,266)
Total operating expenses (85,307) (98,408) (297,894) (290,000)
Operating income 56,889 6,331 302,152 53,233
Share of profit from associated companies 340 158 850 585
Interest income 3 113 199 720
Interest expense (8,863) (13,807) (32,112) (42,315)
Fair value gain/(loss) on derivative financial liabilities 2,611 (1,510) (10,477) (12,853)
Other financial (expense)/income (181) (661) (1,253) (1,440)
Profit/(loss) before tax 50,799 (9,376) 259,359 (2,070)
Income tax expense (127) (15) (705) (111)
Net income/(loss) after tax 50,672 (9,391) 258,654 (2,181)
Attributable to owners of non-controlling interest 3 (4) 7 (4)
Attributable to the owners of parent $ 50,669 $ (9,387) $ 258,647 $ (2,178)
Basic net income/(loss) per share (in dollars per share) $ 0.32 $ (0.07) $ 1.72 $ (0.02)
Diluted net income/(loss) per share (in dollars per share) $ 0.31 $ (0.07) $ 1.56 $ (0.02)
Weighted average number of shares (basic) (in shares) 157,771,616 142,418,941 150,647,701 142,347,867
Weighted average number of shares (diluted) (in shares) 170,853,711 142,554,889 169,788,132 142,435,420