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(Loss)/earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share, Basic and Diluted [Abstract]  
Computation of Basic (Loss)/Earnings Per Share
The computation of basic (loss)/earnings per share is presented as follows:

 
 
December 31,
 
 
2016
 
2017
 
2018
Net (loss)/income
 
$
(55,966
)
 
$
(84,679
)
 
$
27,684

Less preferred dividend paid and accrued
 
14,025

 
12,316

 
11,384

Less preferred deemed dividend
 
—

 
2,146

 
—

Net (loss)/income available to common shareholders

(69,991
)

(99,141
)

16,300

Weighted average number of shares, basic and diluted
 
84,526,411

 
100,932,876

 
101,604,339

(Loss)/earnings per share in U.S. Dollars, basic and diluted
 
(0.83
)
 
(0.98
)
 
0.16