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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] |  |  |
Voyage Revenues | $ 357,451 | $ 445,738 | $ 351,049
Voyage Expenses | (125,987) | (158,656) | (199,430)
Vessel Operating Expenses | (80,266) | (66,589) | (62,500)
General and Administrative Expenses | (12,296) | (9,790) | (14,863)
Depreciation Expense | (90,889) | (82,610) | (80,531)
Received Settlement | 5,328 | 0 | 0
Fees for Provided Services | 0 | 0 | 1,500
Net Operating Income (Loss) | 53,341 | 128,093 | (4,775)
Interest Income | 215 | 114 | 181
Interest Expenses | (11,170) | (10,855) | (12,244)
Gain on Shares | 0 | 0 | 3,286
Other Financial Expenses | (98) | (167) | (1,126)
Total Other Expenses | (11,053) | (10,908) | (9,903)
Net Income (Loss) Before Income Taxes and Equity Income (Loss) | 42,288 | 117,185 | (14,678)
Income Tax Expense | (102) | (96) | (47)
Equity (Loss) Income | (46,642) | (2,462) | 1,559
Net (Loss) Income | $ (4,456) | $ 114,627 | $ (13,166)
Basic and Diluted Earnings (Loss) per Share (in dollars per share) | $ (0.05) | $ 1.29 | $ (0.15)
Basic and Diluted Average Number of Common Shares Outstanding (in shares) | 92,531,001 | 89,182,001 | 85,401,179
Cash Dividends per Share (in dollars per share) | $ 1.37 | $ 1.38 | $ 0.61

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