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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
OPERATING REVENUES $ 250,923 $ 146,434 $ 480,824 $ 278,552
OPERATING EXPENSES        
Voyage expenses (9,443) (4,966) (16,632) (9,194)
Vessel operating expenses (40,579) (32,940) (79,743) (64,018)
Depreciation and amortization of right-of-use assets (33,753) (26,099) (67,112) (51,898)
Amortization of deferred drydocking and special survey costs (3,202) (2,545) (5,922) (5,054)
General and administrative expenses (7,136) (7,130) (14,527) (18,025)
Income From Operations 156,810 72,754 296,888 130,363
OTHER INCOME (EXPENSES):        
Interest income 120 9,531 121 11,509
Interest expense (16,079) (18,204) (33,193) (33,315)
Gain/(loss) on investments (168,635) 196,290 (69,096) 444,165
Dividend income 16,208   138,386  
Gain on debt extinguishment 22,939 111,616 22,939 111,616
Equity income on investments   2,162   3,965
Other finance expenses (336) (582) (941) (1,034)
Other income/(expenses), net 362 173 861 4,144
Loss on derivatives (903) (903) (1,796) (1,796)
Total Other Income/(Expenses), net (146,324) 300,083 57,281 539,254
Income before income taxes 10,486 372,837 354,169 669,617
Income taxes (2,262)   (14,480)  
Net Income $ 8,224 $ 372,837 $ 339,689 $ 669,617
EARNINGS PER SHARE        
Basic earnings per share $ 0.40 $ 18.32 $ 16.42 $ 32.95
Diluted earnings per share $ 0.40 $ 18.10 $ 16.40 $ 32.57
Basic weighted average number of common shares (in thousands) 20,689 20,354 20,693 20,323
Diluted weighted average number of common shares (in thousands) 20,708 20,599 20,712 20,557