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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities    
Net Income (Loss) $ (53,718) $ 88,716
Reconciliation of Net Income to Net Cash Provided by Operating Activities    
Depreciation Expense 34,479 33,352
Change in Fair Value of Investment Securities 0 258
Dry-dock Expenditures 0 (4,371)
Amortization of Deferred Finance Costs 1,337 2,058
Share-based Compensation 135 145
Other, net 264 (1,291)
Changes in Operating Assets and Liabilities:    
Accounts Receivable (6,512) 1,482
Inventory 133 12,363
Prepaid Expenses and Other Current Assets 800 (1,793)
Accounts Payable and Accrued Liabilities 2,530 (16,435)
Voyages in Progress (373) 3,767
Net Cash Provided by / (Used In) Operating Activities (20,925) 118,251
Cash Flows from Investing Activities    
Investment in Vessels (753) (1,574)
Investment in Other Fixed Assets (607) 0
Investment in Vessels under Construction (865) 0
Proceeds from Sale of Investment Securities 0 419
Net Cash Used In Investing Activities (2,225) (1,155)
Cash Flows from Financing Activities    
Proceeds from Issuance of Common Stock 23,218 14,758
Repayments on Borrowing Facility (8,403) (27,099)
Repayments on Vessel Financing 2018-built Vessels (3,898) (3,751)
Financing Transactions Costs (1,100) 0
Dividends Distributed (6,180) (31,255)
Net Cash Provided by / (Used In) Financing Activities 3,637 (47,347)
Net Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash (19,513) 69,749
Cash, Cash Equivalents, and Restricted Cash at the Beginning of Period 62,070 61,638
Effect of Exchange Rate Changes on Cash and Cash Equivalents 12 (205)
Cash, Cash Equivalents, and Restricted Cash at the End of Period 42,569 131,182
Supplemental Disclosure of Cash Flow information    
Cash and Cash Equivalents 34,302 112,806
Restricted cash 8,267 18,376
Total Cash, Cash equivalents and Restricted Cash Shown in the Statement of Cash Flows 42,569 131,182
Cash Paid for Interest, Net of Amounts Capitalized $ (11,985) $ (14,737)