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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock [Member]
Treasury Shares [Member]
Additional Paid-in Capital [Member]
Contributed Surplus [Member]
Accumulated Other Comprehensive Loss [Member]
Retained Earnings/(Accumulated Deficit) [Member]
Total
Balance (in shares) at Dec. 31, 2018 141,969,666 22,000          
Balance at Dec. 31, 2018 $ 1,420   $ 123,852 $ 786,881 $ (1,319) $ (308,803) $ 602,031
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss) 0   0 0 0 (10,352) (10,352)
Coverage of Accumulated Deficit 0   0 (308,803) 0 308,803 0
Reduction of share premium $ 0   (103,379) 103,379 0 0 0
Common Shares Issued, net (in shares) 5,260,968 0          
Common Shares Issued, net of issuance cost $ 52   17,870 0 0 0 17,922
Other Comprehensive Loss $ 0   0 0 (78) 0 (78)
Share based compensation (in shares) 0 0          
Share based compensation $ 0   156 0 0 0 (156)
Forfeited shares - 2011 Equity Incentive Plan (in shares)   20,000          
Dividends Distributed $ 0   0 (14,255) 0 0 (14,255)
Balance (in shares) at Dec. 31, 2019 147,230,634 42,000          
Balance at Dec. 31, 2019 $ 1,472   38,499 567,202 (1,396) (10,352) 595,424
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss) $ 0   0 0 0 50,033 50,033
Common Shares Issued, net (in shares) 4,215,478 0          
Common Shares Issued, net of issuance cost $ 42   20,628 0 0 0 20,670
Other Comprehensive Loss $ 0   0 0 81 0 81
Share based compensation (in shares) 0 0          
Share based compensation $ 0   285 0 0 0 285
Dividends Distributed $ 0   0 (27,686) 0 (39,566) (67,242)
Balance (in shares) at Dec. 31, 2020 151,446,112 42,000          
Balance at Dec. 31, 2020 $ 1,514   59,412 539,516 (1,316) 0 599,126
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss) $ 0   0 0 0 (171,328) (171,328)
Common Shares Issued, net (in shares) 32,248,084 0          
Common Shares Issued, net of issuance cost $ 322   79,729 0 0 0 80,051
Other Comprehensive Loss $ 0   0 0 (265) 0 (265)
Share based compensation (in shares) 0 (42,000)          
Share based compensation $ 0   339 0 0 0 339
Dividends Distributed $ 0   0 (9,700) 0 0 (9,700)
Balance (in shares) at Dec. 31, 2021 183,694,196 0          
Balance at Dec. 31, 2021 $ 1,836   $ 139,480 $ 529,816 $ (1,581) $ (171,328) $ 498,223