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Unaudited Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
REVENUES:    
Voyage revenue $ 210,541 $ 239,799
EXPENSES:    
Voyage expenses (1,573) (1,040)
Voyage expenses-related parties (Note 3) (1,579) (1,798)
Vessels’ operating expenses (50,847) (52,459)
General and administrative expenses (1,554) (1,618)
General and administrative expenses – related parties (Note 3) (3,328) (3,996)
Management fees-related parties (Note 3) (9,387) (9,570)
Amortization of dry-docking and special survey costs (Note 7) (3,911) (3,940)
Depreciation (Notes 6, 11 and 20) (48,515) (50,569)
Amortization of prepaid lease rentals, net (Note 11) (4,320) (2,477)
Loss on sale / disposal of vessels, net (Note 6) (3,638) 0
Loss on vessel held for sale (Note 6) (2,732) 0
Foreign exchange gains / (losses), net 31 (229)
Operating income 79,188 112,103
OTHER INCOME / (EXPENSES):    
Interest income 1,116 737
Interest and finance costs (Note 16) (35,338) (36,676)
Equity gain / (loss) on investments (Note 9) 887 (405)
Other, net 606 538
Loss on derivative instruments, net (Note 18) (396) (4,259)
Total other expenses (33,125) (40,065)
Net Income 46,063 72,038
Earnings allocated to Preferred Stock (Note 15) (10,473) (10,473)
Net income available to Common Stockholders $ 35,590 $ 61,565
Earnings per common share, basic and diluted (Note 15) (in dollars per share) $ 0.38 $ 0.82
Weighted average number of shares, basic and diluted (in shares) 93,851,789 75,474,844