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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating revenues    
Total operating revenues $ 364,010 $ 798,904
Other operating gains 1,133 24,219
Voyage expenses and commissions 176,941 209,263
Contingent rental (income) expense (1,624) 8,270
Ship operating expenses 88,154 79,831
Charter hire expense 2,593 4,454
Administrative expenses 14,332 20,604
Depreciation 71,734 66,725
Total operating expenses 352,130 389,147
Net operating income 13,013 433,976
Other income (expenses)    
Interest income 84 597
Interest expense (29,414) (40,859)
Gain (loss) on marketable securities 7,915 (4,542)
Share of results of associated companies (724) (1,427)
Foreign currency exchange loss (17) (1,129)
Gain (loss) on derivatives 10,989 (21,746)
Other non-operating items 380 139
Net other expenses (10,787) (68,967)
Net income before income taxes and non-controlling interest 2,226 365,009
Income tax benefit 38 47
Net income 2,264 365,056
Net income attributable to non-controlling interest 0 (63)
Net income attributable to the Company $ 2,264 $ 364,993
(Loss) earnings per share attributable to Frontline Ltd. stockholders:    
Basic earnings per share attributable to the company (in US dollars per share) $ 0.01 $ 1.89
Diluted earnings per share attributable to the company (in US dollars per share) $ 0.01 $ 1.85
Time charter revenues    
Operating revenues    
Total operating revenues $ 42,111 $ 76,534
Voyage charter revenues    
Operating revenues    
Total operating revenues 313,917 708,528
Other income    
Operating revenues    
Total operating revenues $ 7,982 $ 13,842