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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Revenues $ 92,263 $ 51,161 $ 255,336 $ 134,780
Operating expenses:        
Voyage expenses 31,475 5,550 78,551 9,743
Vessel operating expenses 25,155 25,131 72,642 73,867
Charter hire expenses 723   1,231  
General and administrative expenses (inclusive of nonvested stock amortization expense of $644, $1,255, $1,776 and $3,536, respectively) 5,033 5,889 16,761 16,550
Technical management fees 2,028 1,883 5,926 5,735
Depreciation and amortization 17,269 17,836 50,605 54,194
Impairment of vessel assets 0 18,654 56,586 21,993
Gain on sale of vessels (1,509) 0 (1,509) (7,712)
Total operating expenses 80,174 74,943 280,793 174,370
Operating income (loss) 12,089 (23,782) (25,457) (39,590)
Other (expense) income:        
Other income (expense) 213 (37) 272 (152)
Interest income 1,062 494 2,743 1,006
Interest expense (7,656) (7,857) (24,249) (22,559)
Loss on debt extinguishment 0   (4,533)  
Other expense (6,381) (7,400) (25,767) (21,705)
Income (loss) before income taxes 5,708 (31,182) (51,224) (61,295)
Net income (loss) $ 5,708 $ (31,182) $ (51,224) $ (61,295)
Net earnings (loss) per share-basic $ 0.14 $ (0.90) $ (1.37) $ (1.80)
Net earnings (loss) per share-diluted $ 0.14 $ (0.90) $ (1.37) $ (1.80)
Weighted average common shares outstanding - Basic (in shares) 41,618,187 34,469,998 37,263,200 34,135,736
Weighted average common shares outstanding - diluted 41,821,008 34,469,998 37,263,200 34,135,736
Voyage        
Revenues:        
Revenues $ 92,263 $ 51,161 $ 255,336 $ 134,780