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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Revenues $ 389,496 $ 367,522 $ 209,698
Operating expenses:      
Voyage expenses 173,043 114,855 25,321
Vessel operating expenses 96,209 97,427 98,086
Charter hire expenses 16,179 1,534 0
General and administrative expenses (inclusive of nonvested stock amortization expense of $2,057, $2,231 and $4,053, respectively) 24,516 23,141 22,190
Technical management fees 7,567 8,000 7,659
Depreciation and amortization 72,824 68,976 71,776
Impairment of vessel assets 27,393 56,586 21,993
Loss (gain) on sale of vessels 168 (3,513) (7,712)
Total operating expenses 417,899 367,006 239,313
Operating (loss) income (28,403) 516 (29,615)
Other (expense) income:      
Other income (expense) 501 367 (164)
Interest income 4,095 3,801 1,551
Interest expense (31,955) (33,091) (30,497)
Impairment of right-of-use asset (223)    
Loss on debt extinguishment   (4,533)  
Other expense (27,582) (33,456) (29,110)
Net loss $ (55,985) $ (32,940) $ (58,725)
Net loss per share-basic $ (1.34) $ (0.86) $ (1.71)
Net loss per share-diluted $ (1.34) $ (0.86) $ (1.71)
Weighted average common shares outstanding-basic 41,762,893 38,382,599 34,242,631
Weighted average common shares outstanding-diluted 41,762,893 38,382,599 34,242,631
Dividends declared per share of common stock $ 0.50    
Voyage      
Revenues:      
Revenues $ 389,496 $ 367,522 $ 209,698