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Consolidated Statemenets of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES:      
Revenues $ 201,548 $ 154,040 $ 113,959
Commissions (8,357) (6,008) (4,187)
Net revenues 193,191 148,032 109,772
EXPENSES:      
Voyage expenses (6,378) (3,932) (7,679)
Vessel operating expenses (63,512) (52,794) (49,519)
Depreciation (48,067) (51,424) (49,485)
General and administrative expenses      
Management fee to related parties (16,536) (13,511) (11,611)
Company administration expenses (2,706) (2,607) (3,770)
Early redelivery cost, net (105) (1,263) 0
Other operating income/(expense) 0 (390) 794
Loss on sale of assets 0 (120) (2,750)
Impairment loss 0 (91,293) (17,163)
Operating (loss)/income 55,887 (69,302) (31,411)
OTHER (EXPENSE)/INCOME:      
Interest expense (25,713) (23,224) (19,576)
Other finance (cost)/income (973) 7,651 (1,735)
Interest income 929 799 515
(Loss)/gain on derivatives 18 72 (620)
Foreign currency (loss)/gain (670) 1,782 (76)
Amortization and write-off of deferred finance charges (1,794) (2,457) (3,063)
Net (loss)/income 27,684 (84,679) (55,966)
Less preferred dividend 11,384 12,316 14,025
Less preferred deemed dividend 0 2,146 0
Net (loss)/income available to common shareholders $ 16,300 $ (99,141) $ (69,991)
(Loss)/earnings per share in U.S. Dollars, basic and diluted (in USD per share) $ 0.16 $ (0.98) $ (0.83)
Weighted average number of shares, basic and diluted (in shares) 101,604,339 100,932,876 84,526,411