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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and Cash Equivalents $ 34,302 $ 57,847
Restricted Cash 8,267 4,223
Accounts Receivable, Net 12,861 6,349
Prepaid Expenses 3,422 5,477
Inventory 19,274 19,408
Voyages in Progress 5,017 4,644
Other Current Assets 2,830 1,574
Total Current Assets 85,973 99,522
NON-CURRENT ASSETS    
Vessels, net 827,963 861,342
Vessels under Construction 11,865 11,000
Right of Use Assets 1,027 1,219
Other Non-Current Assets 2,758 1,264
Total Non-Current Assets 843,613 874,825
Total Assets 929,586 974,347
Current Liabilities    
Accounts Payable 3,727 4,099
Accrued Voyage Expenses 9,889 5,254
Other Current Liabilities 6,756 8,232
Current Portion of Long-Term Debt 22,274 22,094
Total Current Liabilities 42,646 39,679
Long-Term Debt 323,466 334,615
Operating Lease Liabilities 609 730
Other Non-Current Liabilities 192 197
Total Non-Current Liabilities 324,267 335,542
Commitments and Contingencies
SHAREHOLDERS' EQUITY    
Common Stock, par value $0.01 per share 360,000,000 authorized, 158,464,967 and 151,446,112 issued and outstanding at June 30, 2021 and December 31, 2020, respectively. 1,584 1,514
Additional Paid-in Capital 82,695 59,412
Contributed Surplus 533,336 539,516
Accumulated other comprehensive loss (1,224) (1,316)
Accumulated Deficit (53,718) 0
Total Shareholders' Equity 562,673 599,126
Total Liabilities and Shareholders' Equity $ 929,586 $ 974,347