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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Voyage Revenues $ 357,451 $ 445,738 $ 351,049
Voyage Expenses (125,987) (158,656) (199,430)
Vessel Operating Expenses (80,266) (66,589) (62,500)
General and Administrative Expenses (12,296) (9,790) (14,863)
Depreciation Expense (90,889) (82,610) (80,531)
Received Settlement 5,328 0 0
Fees for Provided Services 0 0 1,500
Net Operating Income (Loss) 53,341 128,093 (4,775)
Interest Income 215 114 181
Interest Expenses (11,170) (10,855) (12,244)
Gain on Shares 0 0 3,286
Other Financial Expenses (98) (167) (1,126)
Total Other Expenses (11,053) (10,908) (9,903)
Net Income (Loss) Before Income Taxes and Equity Income (Loss) 42,288 117,185 (14,678)
Income Tax Expense (102) (96) (47)
Equity (Loss) Income (46,642) (2,462) 1,559
Net (Loss) Income $ (4,456) $ 114,627 $ (13,166)
Basic and Diluted Earnings (Loss) per Share (in dollars per share) $ (0.05) $ 1.29 $ (0.15)
Basic and Diluted Average Number of Common Shares Outstanding (in shares) 92,531,001 89,182,001 85,401,179
Cash Dividends per Share (in dollars per share) $ 1.37 $ 1.38 $ 0.61