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v3.10.0.1

Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Revenues: |  |  |  |
Revenues | $ 86,157 | $ 45,370 | $ 163,073 | $ 83,619
Operating expenses: |  |  |  |
Voyage expenses | 25,983 | 951 | 47,075 | 4,192
Vessel operating expenses | 23,720 | 23,852 | 47,487 | 48,736
Charter hire expenses | 509 |  | 509 |
General and administrative expenses (inclusive of nonvested stock amortization expense of $638, $1,570, $1,131 and $2,281, respectively) | 6,510 | 5,752 | 11,727 | 10,661
Technical management fees | 1,950 | 1,871 | 3,898 | 3,852
Depreciation and amortization | 16,450 | 18,185 | 33,336 | 36,358
Impairment of vessel assets | 184 | 3,339 | 56,586 | 3,339
Gain on sale of vessels | 0 | (1,343) | 0 | (7,712)
Total operating expenses | 75,306 | 52,607 | 200,618 | 99,426
Operating income (loss) | 10,851 | (7,237) | (37,545) | (15,807)
Other (expense) income: |  |  |  |
Other income (expense) | 144 | (50) | 59 | (115)
Interest income | 887 | 338 | 1,681 | 512
Interest expense | (8,469) | (7,564) | (16,593) | (14,702)
Loss on debt extinguishment | (4,533) |  | (4,533) |
Other expense | (11,971) | (7,276) | (19,386) | (14,305)
Loss before income taxes | (1,120) | (14,513) | (56,931) | (30,112)
Net loss | $ (1,120) | $ (14,513) | $ (56,931) | $ (30,112)
Net loss per share-basic | $ (0.03) | $ (0.42) | $ (1.62) | $ (0.89)
Net loss per share-diluted | $ (0.03) | $ (0.42) | $ (1.62) | $ (0.89)
Weighted average common shares outstanding - Basic (in shares) | 35,516,058 | 34,430,766 | 35,049,615 | 33,965,835
Weighted average common shares outstanding - diluted | 35,516,058 | 34,430,766 | 35,049,615 | 33,965,835
Voyage |  |  |  |
Revenues: |  |  |  |
Revenues | $ 86,157 | $ 45,370 | $ 163,073 | $ 83,619

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- Definition "This element represents management fees include expenses to third-party technical management companies for the day-to-day management of our vessels, including performing routine maintenance, attending to vessel operations and arranging for crews and supplies. " + References No definition available. + Details
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