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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Voyage Revenues $ 445,738   $ 243,657
Voyage Expenses (158,656)   (173,410)
Vessel Operating Expenses (66,589)   (64,924)
General and Administrative Expenses (9,790)   (19,555)
Depreciation Expense (82,610)   (74,375)
Loss on Contract 0   (5,000)
Fees for Provided Services 0   0
Net Operating Income (Loss) 128,093   (93,608)
Interest Income 114   146
Interest Expenses (10,855) $ (12,244) (11,518)
Gain on shares 0   0
Other Financial Expenses (167)   (391)
Total Other Expenses (10,908)   (11,763)
Net Income (Loss) Before Income Taxes and Equity (Loss) Income 117,185   (105,371)
Income Tax Expense (96)   (86)
Equity (Loss) Income (2,462)   40
Net Income (Loss) $ 114,627 (13,166) $ (105,417)
Basic and Diluted Earnings (Loss) per Share (in dollars per share) $ 1.29   $ (1.64)
Basic and Diluted Average Number of Common Shares Outstanding (in shares) 89,182,001   64,101,923
Cash Dividends per share (in dollars per share) $ 1.38   $ 0.64
Adjusted [Member]      
Voyage Revenues   351,049  
Voyage Expenses   (199,430)  
Vessel Operating Expenses   (62,500)  
General and Administrative Expenses   (14,863)  
Depreciation Expense   (80,531)  
Loss on Contract   0  
Fees for Provided Services   1,500  
Net Operating Income (Loss)   (4,775)  
Interest Income   181  
Interest Expenses   (12,244)  
Gain on shares   3,286  
Other Financial Expenses   (1,126)  
Total Other Expenses   (9,903)  
Net Income (Loss) Before Income Taxes and Equity (Loss) Income   (14,678)  
Income Tax Expense   (47)  
Equity (Loss) Income   1,559  
Net Income (Loss)   $ (13,166)  
Basic and Diluted Earnings (Loss) per Share (in dollars per share)   $ (0.15)  
Basic and Diluted Average Number of Common Shares Outstanding (in shares)   85,401,179  
Cash Dividends per share (in dollars per share)   $ 0.63