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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Voyage Revenues $ 354,619 $ 317,220 $ 289,016
Voyage Expenses (121,089) (141,770) (165,012)
Vessel Operating Expenses (66,883) (66,033) (80,411)
Impairment Loss on Vessels 0 0 (2,168)
Loss on Disposal of Vessels 0 0 (6,619)
General and Administrative Expenses (17,586) (13,481) (12,727)
Depreciation Expense (67,834) (63,965) (60,695)
Net Operating Income (Loss) 81,227 31,971 (38,616)
Interest Income 96 298 334
Interest Expense (31,481) (38,390) (34,549)
Other Financial Income (Expense) 255 (4,160) (14,729)
Total Other Expenses (31,130) (42,252) (48,944)
Net Income (Loss) Before Income Taxes and Equity Loss 50,097 (10,281) (87,560)
Income Tax Expense (64) (71) (79)
Equity Loss from Associate 0 0 (7,667)
Net Income (Loss) $ 50,033 $ (10,352) $ (95,306)
Basic Income (Loss) per Share (in dollars per share) $ 0.34 $ (0.07) $ (0.67)
Diluted Income (Loss) per Share (in dollars per share) $ 0.34 $ (0.07) $ (0.67)
Basic Average Number of Common Shares Outstanding (in shares) 149,292,586 142,571,361 141,969,666
Diluted Average Number of Common Shares Outstanding (in shares) 149,292,586 142,571,361 141,969,666