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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Voyage Revenues $ 391,687 $ 339,340 $ 191,075
Other Income 0 0 4,684
Voyage Expenses (129,507) (170,515) (128,263)
Vessel Operating Expenses (60,003) (63,430) (67,676)
Depreciation Expenses (51,397) (50,421) (68,352)
Impairment Loss on Vessels 0 (314) (60,311)
Gain on Disposal of Vessels 0 6,005 0
General and Administrative Expenses (22,890) (18,798) (15,620)
Net Operating Income (Loss) 127,890 41,867 (144,463)
Interest Income 1,302 266 3
Interest Expenses (30,498) (27,055) (26,380)
Other Financial Income (Expense) 137 46 (429)
Total Other Expenses (29,059) (26,743) (26,806)
Net Income (Loss) Before Income Taxes 98,831 15,124 (171,269)
Income Tax Expense (120) (23) (59)
Net Income (Loss) $ 98,711 $ 15,101 $ (171,328)
Basic Income (Loss) per Share (in dollars per share) $ 0.47 $ 0.07 $ (1.05)
Diluted Income (Loss) per Share (in dollars per share) $ 0.47 $ 0.07 $ (1.05)
Basic Average Number of Common Shares Outstanding (in shares) 208,796,444 202,032,942 162,549,611
Dilutive Average Number of Common Shares Outstanding (in shares) 208,811,300 202,032,942 162,549,611