XML 10 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Voyage Revenues $ 254,733 $ 154,444
Voyage Expenses (74,782) (70,163)
Vessel Operating Expenses (32,698) (31,916)
General and Administrative Expenses (8,620) (7,453)
Depreciation Expense (33,352) (31,527)
Net Operating Income 105,281 13,385
Interest Income 150 147
Interest Expense (16,792) (20,394)
Other Financial Expense 77 (2,479)
Total Other Expenses (16,565) (22,726)
Net Income (Loss) Before Income Taxes 88,716 (9,341)
Income Tax Expense 0 0
Net Income (Loss) $ 88,716 $ (9,341)
Basic Income (Loss) per Share (in dollars per share) $ 0.60 $ (0.07)
Diluted Income (Loss) per share (in dollars per share) $ 0.60 $ (0.07)
Basic Weighted Average Number of Common Shares Outstanding (in shares) 147,872,500 141,969,666
Diluted Weighted Average Number of Common Shares Outstanding (in shares) 148,861,500 141,969,666