CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
VOYAGE REVENUES:
Time charter revenues	$ 8,685	$ 2,386	$ 14,716	$ 4,164
Spot charter revenues	103,583	80,939	218,954	202,443
Navig8 pools revenues	4,212	0	4,212	0
Total voyage revenues	116,480	83,325	237,882	206,607
OPERATING EXPENSES:
Voyage expenses	36,782	57,991	82,676	126,875
Direct vessel operating expenses	21,147	21,348	42,044	43,195
Navig8 charterhire expenses	2,599		2,599
General and administrative	15,320	6,295	19,944	11,773
Depreciation and amortization	11,011	11,507	22,010	22,676
Goodwill impairment		1,249		1,249
Loss on impairment of vessel held for sale		6,300		6,300
Loss on disposal of vessel equipment	16	623	147	1,735
Closing of Portugal office	169	4,221	361	4,221
Total operating expenses	87,044	109,534	169,781	218,024
OPERATING INCOME (LOSS)	29,436	(26,209)	68,101	(11,417)
OTHER EXPENSES:
Interest expense, net	(3,513)	(7,008)	(10,940)	(14,274)
Other financing costs	(6,040)		(6,040)
Other income (expenses), net	18	(67)	(301)	(132)
Total other expenses	(9,535)	(7,075)	(17,281)	(14,406)
NET INCOME (LOSS)	$ 19,901	$ (33,284)	$ 50,820	$ (25,823)
INCOME (LOSS) PER COMMON SHARE:
Basic (in dollars per share)	$ 0.38	$ (1.05)	$ 1.18	$ (0.93)
Diluted (in dollars per share)	$ 0.38	$ (1.05)	$ 1.18	$ (0.93)