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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and Cash Equivalents $ 57,847 $ 48,847
Restricted Cash 4,223 12,791
Accounts Receivable, Net 6,349 24,583
Prepaid Expenses 5,477 3,383
Inventory 19,408 22,475
Voyages in Progress 4,644 13,124
Investment Securities 0 825
Other Current Assets 1,574 3,344
Total Current Assets 99,522 129,372
Non-Current Assets    
Vessels 861,342 899,997
Vessels under Construction 11,000 0
Right of Use Assets 1,219 1,412
Other Non-Current Assets 1,264 122
Total Non-Current Assets 874,825 901,531
Total Assets 974,347 1,030,903
Current Liabilities    
Accounts Payable 4,099 8,405
Accrued Voyage Expenses 5,254 11,524
Other Current Liabilities 8,232 15,562
Current Portion of Long-Term Debt 22,094 23,537
Total Current Liabilities 39,679 59,028
Non-Current Liabilities    
Long-Term Debt 334,615 375,364
Operating Lease Liabilities 730 934
Other Non-Current Liabilities 197 153
Total Non-Current Liabilities 335,542 376,451
Commitments and Contingencies
Shareholders' Equity    
Common Stock, par value $0.01 per share 360,000,000 authorized, 151,446,112 and 147,230,634 issued and outstanding at December 31, 2020 and December 31, 2019, respectively. 1,514 1,472
Additional Paid-in Capital 59,412 38,499
Contributed Surplus 539,516 567,202
Accumulated Other Comprehensive Loss (1,316) (1,397)
Retained Earnings (Accumulated Deficit) 0 (10,352)
Total Shareholders' Equity 599,126 595,424
Total Liabilities and Shareholders' Equity $ 974,347 $ 1,030,903