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Consolidated Statemenets of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Revenues $ 206,682 $ 201,548 $ 154,040
Commissions (8,921) (8,357) (6,008)
Net revenues 197,761 193,191 148,032
EXPENSES:      
Voyage expenses (13,715) (6,378) (3,932)
Vessel operating expenses (68,569) (63,512) (52,794)
Depreciation (50,310) (48,067) (51,424)
General and administrative expenses      
Management fee to related parties (18,050) (16,536) (13,511)
Company administration expenses (2,589) (2,706) (2,607)
Early redelivery cost, net (63) (105) (1,263)
Other operating expense (414) 0 (390)
Loss on sale of assets 0 0 (120)
Impairment loss 0 0 (91,293)
Operating (loss)/income 44,051 55,887 (69,302)
OTHER (EXPENSE)/INCOME:      
Interest expense (26,815) (25,713) (23,224)
Other finance income/(cost) (714) (973) 7,651
Interest income 1,558 929 799
Gain/(loss) on derivatives (121) 18 72
Foreign currency gain/(loss) (76) (670) 1,782
Amortization and write-off of deferred finance charges (1,845) (1,794) (2,457)
Net (loss)/income 16,038 27,684 (84,679)
Less preferred dividend 11,498 11,384 12,316
Less preferred deemed dividend 199 0 2,146
Net (loss)/income available to common shareholders $ 4,341 $ 16,300 $ (99,141)
(Loss)/earnings per share in U.S. Dollars, basic and diluted (in USD per share) $ 0.04 $ 0.16 $ (0.98)
Weighted average number of shares, basic and diluted (in shares) 101,686,312 101,604,339 100,932,876