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v3.2.0.727

Unaudited Consolidated Statements of Income - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2015 | Jun. 30, 2014
REVENUES: |  |
Voyage revenue | $ 244,069 | $ 238,403
EXPENSES: |  |
Voyage expenses | (1,028) | (1,776)
Voyage expenses-related parties (Note 3) | (1,829) | (1,788)
Vessels' operating expenses | (59,780) | (59,905)
General and administrative expenses | (1,432) | (1,950)
General and administrative expenses - related parties (Note 3) | (6,633) | (500)
Management fees-related parties (Note 3) | (9,690) | (9,298)
Amortization of dry-docking and special survey costs (Note 7) | (3,583) | (3,796)
Depreciation (Notes 6, 11 and 20) | (50,411) | (51,818)
Amortization of prepaid lease rentals (Note 11) | $ (2,470) | (1,512)
Loss on sale / disposal of vessels, net (Note 6) |  | (2,903)
Foreign exchange gains / (losses), net | $ 230 | (110)
Operating income | 107,443 | 103,047
OTHER INCOME / (EXPENSES): |  |
Interest income | 732 | 291
Interest and finance costs (Note 16) | $ (49,743) | (48,362)
Swaps breakage costs (Note 18) |  | (10,192)
Equity loss on investments (Note 9) | $ (47) | (2,275)
Other, net (Note 9) | 305 | 2,803
Gain on derivative instruments, net (Note 18) | 11,923 | 1,901
Total other expenses | (36,830) | (55,834)
Net Income | 70,613 | 47,213
Earnings allocated to Preferred Stock (Note 15) | (7,313) | (5,719)
Net income available to Common Stockholders | $ 63,300 | $ 41,494
Earnings per common share, basic and diluted (Note 15) | $ 0.85 | $ 0.55
Weighted average number of shares, basic and diluted | 74,876,866 | 74,800,000

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- Definition Fees paid to related parties for providing the company with technical, crewing, bunkering, accounting, provisions, sale &amp;amp;amp;amp;amp;amp; purchase services, as well as general administrative, certain commercial services, director and officer related insurance services. + References No definition available. + Details
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- Definition Expenses paid to third parties primarily consisting of port, canal and bunker expenses, commissions that are unique to a particular charter and are paid for by the charterer under time charter arrangements or by the company under voyage charter arrangements, and commissions that are paid directly to brokers by the company. + References No definition available. + Details
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