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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] |  |  |
Voyage Revenues | $ 297,141 | $ 357,451 | $ 445,738
Voyage Expenses | (142,465) | (125,987) | (158,656)
Vessel Operating Expenses | (87,663) | (80,266) | (66,589)
Impairment Loss on Vessels | (110,480) | 0 | 0
Impairment Loss on Goodwill | (18,979) | 0 | 0
General and Administrative Expenses | (12,575) | (12,296) | (9,790)
Depreciation Expense | (100,669) | (90,889) | (82,610)
Received Settlement | 0 | 5,328 | 0
Net Operating (Loss) Income | (175,690) | 53,341 | 128,093
Interest Income | 347 | 215 | 114
Interest Expense | (20,464) | (11,170) | (10,855)
Other Financial Expense | (644) | (98) | (167)
Total Other Expenses | (20,761) | (11,053) | (10,908)
Net (Loss) Income Before Income Taxes and Equity (Loss) | (196,451) | 42,288 | 117,185
Income Tax Expense | (83) | (102) | (96)
Equity (Loss) from Associate | (8,435) | (46,642) | (2,462)
Net Income (Loss) | $ (204,969) | $ (4,456) | $ 114,627
Basic and Diluted (Loss) Earnings per Share (in dollars per share) | $ (1.97) | $ (0.05) | $ 1.29
Basic and Diluted Average Number of Common Shares Outstanding (in shares) | 103,832,680 | 92,531,001 | 89,182,001
Cash Dividends per Share (in dollars per share) | $ 0.53 | $ 1.37 | $ 1.38

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