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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] |  |  |
Voyage Revenues | $ 317,220 | $ 289,016 | $ 297,141
Voyage Expenses | (141,770) | (165,012) | (142,465)
Vessel Operating Expenses | (66,033) | (80,411) | (87,663)
Impairment Loss on Vessels | 0 | (2,168) | (110,480)
Impairment Loss on Goodwill | 0 | 0 | (18,979)
Loss on Disposal of Vessels | 0 | (6,619) | 0
General and Administrative Expenses | (13,481) | (12,727) | (12,575)
Depreciation Expense | (63,965) | (60,695) | (100,669)
Net Operating Income (Loss) | 31,971 | (38,616) | (175,690)
Interest Income | 298 | 334 | 347
Interest Expense | (38,390) | (34,549) | (20,464)
Other Financial Expense | (4,160) | (14,729) | (644)
Total Other Expenses | (42,252) | (48,944) | (20,761)
Net Loss Before Income Taxes and Equity Loss | (10,281) | (87,560) | (196,451)
Income Tax Expense | (71) | (79) | (83)
Equity Loss from Associate | 0 | (7,667) | (8,435)
Net Loss | $ (10,352) | $ (95,306) | $ (204,969)
Basic and Diluted Loss per Share (in dollars per share) | $ (0.07) | $ (0.67) | $ (1.97)
Basic and Diluted Average Number of Common Shares Outstanding (in shares) | 142,571,361 | 141,969,666 | 103,832,680
Cash Dividends per Share (in dollars per share) | $ 0.10 | $ 0.07 | $ 0.53

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