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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Revenues $ 98,336 $ 93,464
Operating expenses:    
Voyage expenses 48,368 43,022
Vessel operating expenses 21,813 23,190
Charter hire expenses 3,075 2,419
General and administrative expenses (inclusive of nonvested stock amortization expense of $481 and $452, respectively) 5,767 6,310
Technical management fees 1,854 1,940
Depreciation and amortization 17,574 18,076
Impairment of vessel assets 112,814 0
Loss (gain) on sale of vessels 486 (611)
Total operating expenses 211,751 94,346
Operating loss (113,415) (882)
Other (expense) income:    
Other (expense) income (584) 329
Interest income 594 1,327
Interest expense (6,945) (8,575)
Other expense (6,935) (6,919)
Net loss $ (120,350) $ (7,801)
Net loss per share-basic $ (2.87) $ (0.19)
Net loss per share-diluted $ (2.87) $ (0.19)
Weighted average common shares outstanding-basic 41,866,357 41,726,106
Weighted average common shares outstanding-diluted 41,866,357 41,726,106
Voyage    
Revenues:    
Revenues $ 98,336 $ 93,464