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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Operating revenues      
Direct financing lease interest income - related parties $ 12,208 $ 19,504 $ 34,193
Finance lease service revenues - related parties 22,932 20,001 46,460
Profit sharing revenues - related parties 38,937 21,009 59,607
Profit sharing revenues - other 74 0 0
Time charter revenues - related parties 28,755 5,181 30,319
Time charter revenues - other 80,956 64,504 130,459
Bareboat charter revenues - related parties 6,188 6,198 12,596
Bareboat charter revenues - other 19,287 28,399 55,419
Voyage charter revenues - other 9,022 14,692 35,783
Other operating income 3,215 2,626 1,904
Total operating revenues 221,574 182,114 406,740
Gain/(loss) on sale of assets and termination of charters, net 14 (114) 7,364
Operating expenses      
Vessel operating expenses - related parties 34,224 21,223 56,939
Vessel operating expenses - other 34,590 32,248 63,892
Depreciation 46,304 36,301 78,080
Vessel impairment charge 0 29,161 42,410
Administrative expenses - related parties 730 542 1,032
Administrative expenses - other 4,058 3,605 5,705
Total operating expenses 119,906 123,080 248,058
Net operating income 101,682 58,920 166,046
Non-operating income / (expense)      
Interest income - related parties, long term loans to associated companies 9,338 9,338 18,672
Interest income – related parties, other 383 6,347 13,395
Interest income - other 666 4,620 7,075
Interest expense - other (35,274) (35,687) (70,583)
(Loss)/gain on repurchase of bonds (38) 438 1,007
Gain on redemption of loan notes from related parties 0 0 28,904
Gain on sale of loan notes and share warrants - other 0 44,552 44,552
Available for sale securities impairment charge 0 0 (20,552)
Dividend Income - related parties 8,250 0 0
Other financial items, net (13,718) (4,573) (21,289)
Net income before equity in earnings of associated companies 71,289 83,955 167,227
Equity in earnings of associated companies 14,322 17,098 33,605
Net income $ 85,611 $ 101,053 $ 200,832
Per share information:      
Basic earnings per share $ 0.92 $ 1.08 $ 2.15
Diluted earnings per share $ 0.78 $ 0.94 $ 1.88