XML 26 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock [Member]
Treasury Shares [Member]
Additional Paid-in Capital [Member]
Contributed Surplus [Member]
Accumulated Other Comprehensive Loss [Member]
Retained Earnings (Accumulated Deficit) [Member]
Total
Balance (in shares) at Dec. 31, 2014 89,182,001 0          
Balance at Dec. 31, 2014 $ 892   $ 114,291 $ 787,732 $ (838) $ (13,166) $ 888,911
Increase (decrease) in Shareholders' Equity [Roll Forward]              
Accumulated coverage of loss 0   0 (13,166) 0 13,166 0
Net Income 0   0 0 0 114,627 114,627
Other Comprehensive Loss $ 0   0 0 (134) 0 (134)
Share based compensation (in shares) 0 0          
Share based compensation $ 0   388 0 0 0 388
Dividends Distributed       (8,444)   (114,627) (123,071)
Balance (in shares) at Dec. 31, 2015 89,182,001 0          
Balance at Dec. 31, 2015 $ 892   114,679 766,122 (972) 0 880,721
Increase (decrease) in Shareholders' Equity [Roll Forward]              
Net Income $ 0   0 0 0 (4,456) (4,456)
Common Shares Distributed - Equity Incentive Plan (in shares) 137,665 0          
Common Shares Distributed - Equity Incentive Plan $ 1   0 0 0 0 1
Common Shares Issued, net of issuance costs (in shares) 12,650,000 0          
Common Shares Issued, net of issuance costs $ 127   119,942 0 0 0 120,069
Other Comprehensive Loss $ 0   0 0 (65) 0 (65)
Share based compensation (in shares) 0 0          
Share based compensation $ 0   429 0 0 0 429
Forfeited shares - 2011 Equity Incentive Plan (in shares)   13,500          
Dividends Distributed $ 0   0 (125,650) 0 0 (125,650)
Balance (in shares) at Dec. 31, 2016 101,969,666 13,500          
Balance at Dec. 31, 2016 $ 1,020   235,050 640,472 (1,037) (4,456) 871,049
Increase (decrease) in Shareholders' Equity [Roll Forward]              
Net Income 0   0 0 0 (204,969) (204,969)
Reduction of share premium $ 0   (215,481) 215,481 0 0 $ 0
Common Shares Issued, net of issuance costs (in shares) 40,000,000 0         0
Common Shares Issued, net of issuance costs $ 400   103,348 0 0 0 $ 103,748
Other Comprehensive Loss $ 0   0 0 (150) 0 (150)
Share based compensation (in shares) 0 (4,500)          
Share based compensation $ 0   522 0 0 0 522
Forfeited shares - 2011 Equity Incentive Plan (in shares)   13,000          
Dividends Distributed $ 0   0 (59,136) 0 0 (59,136)
Balance (in shares) at Dec. 31, 2017 141,969,666 22,000          
Balance at Dec. 31, 2017 $ 1,420   $ 123,439 $ 796,817 $ (1,187) $ (209,425) $ 711,064