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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Revenues $ 355,560 $ 389,496 $ 367,522
Operating expenses:      
Voyage expenses 156,985 173,043 114,855
Vessel operating expenses 87,420 96,209 97,427
Charter hire expenses 10,307 16,179 1,534
General and administrative expenses (inclusive of nonvested stock amortization expense of $2,026, $2,057 and $2,231, respectively) 21,266 24,516 23,141
Technical management fees 6,961 7,567 8,000
Depreciation and amortization 65,168 72,824 68,976
Impairment of vessel assets 208,935 27,393 56,586
Loss (gain) on sale of vessels 1,855 168 (3,513)
Total operating expenses 558,897 417,899 367,006
Operating loss (203,337) (28,403) 516
Other (expense) income:      
Other (expense) income (851) 501 367
Interest income 1,028 4,095 3,801
Interest expense (22,413) (31,955) (33,091)
Impairment of right-of-use asset   (223)  
Loss on debt extinguishment     (4,533)
Other expense (22,236) (27,582) (33,456)
Net loss $ (225,573) $ (55,985) $ (32,940)
Net loss per share-basic $ (5.38) $ (1.34) $ (0.86)
Net loss per share-diluted $ (5.38) $ (1.34) $ (0.86)
Weighted average common shares outstanding-basic 41,907,597 41,762,893 38,382,599
Weighted average common shares outstanding-diluted 41,907,597 41,762,893 38,382,599
Voyage      
Revenues:      
Revenues $ 355,560 $ 389,496 $ 367,522