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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating revenues      
Time charter revenues $ 85,960,000 $ 22,656,000 $ 27,677,000
Voyage charter revenues 102,972,000 53,706,000 9,869,000
Other operating income 1,306,000 20,353,000 0
Total operating revenues 190,238,000 96,715,000 37,546,000
Loss on sale of assets and amortization of deferred gains (10,788,000) 0 0
Operating expenses      
Voyage expenses and commission 78,099,000 33,955,000 6,809,000
Ship operating expenses 83,022,000 18,676,000 7,897,000
Charter hire expenses 30,719,000 0 0
Administrative expenses 12,469,000 5,037,000 4,937,000
Provision for uncollectible receivables 4,729,000.000 0 0
Provision for uncollectible receivables 152,597,000 0 0
Depreciation 52,728,000 19,561,000 11,079,000
Total operating expenses 414,363,000 77,229,000 30,722,000
Net operating income (loss) (234,913,000) 19,486,000 6,824,000
Other income (expenses)      
Interest income 849,000 29,000 41,000
Interest expense (28,270,000) (2,525,000) (2,827,000)
Equity Method Investment, Income (Loss) & Other than Temporary Impairment (5,033,000) 0 0
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities 23,323,000 0 0
Loss on derivatives (6,939,000) 0 0
Bargain purchase gain arising on consolidation 78,876,000 0 0
Other financial items (1,897,000) (737,000) (508,000)
Net other income (expenses) 14,263,000 (3,233,000) (3,294,000)
Net (loss) income before income taxes (220,650,000) 16,253,000 3,530,000
Income tax expense (189,000) 0 0
Net (loss) income from continuing operations (220,839,000) 16,253,000 3,530,000
Net loss from discontinued operations 0 (258,000) (7,433,000)
Net (loss) income from continuing operations $ (220,839,000) $ 15,995,000 $ (3,903,000)
Per share information:      
(Loss) earnings per share from continuing operations: basic and diluted (in dollars per share) $ (1.46) $ 0.31 $ 0.14
Loss per share from discontinued operations: basic and diluted (in dollars per share) 0.00 0.00 (0.29)
(Loss) earnings per share: basic and diluted (in dollars per share) (1.46) 0.30 (0.15)
Cash distributions per share declared (in dollars per share) $ 0 $ 0.63 $ 0.7