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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Common Stock
Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total
Balance at Dec. 31, 2014 $ 333 $ 809,477 $ (292,990) $ 329 $ 517,149
Increase (Decrease) in Shareholders' Equity          
Net (loss) / Income     129,569   129,569
Issuance of 31,465,989 shares of common stock to acquire 2015 Acquired VLCC Newbuildings 314 464,282     464,596
Issuance of 483,970 shares of common stock for share purchase commitment 5 6,035     6,040
Issuance of common stock 150 189,657     189,807
Issuance of 574,546, 278,483 and 278,480 shares of common stock for vested 2015, 2016 and 2017 restricted stock units 6 (6)      
Issuance of 1,882,223 shares of common stock for exercise of over-allotment option 19 24,619     24,638
Foreign currency translation adjustments       338 338
Stock-based compensation   12,243     12,243
Issuance of 2015 warrants   3,381     3,381
Balance at Dec. 31, 2015 827 1,509,688 (163,421) 667 1,347,761
Increase (Decrease) in Shareholders' Equity          
Net (loss) / Income     67,306   67,306
Issuance of common stock   26     26
Issuance of 574,546, 278,483 and 278,480 shares of common stock for vested 2015, 2016 and 2017 restricted stock units 3 (3)      
Amount recognized in other comprehensive (loss) income on derivative       14,642 14,642
Amount reclassified from AOCI to net (loss) / income on derivative       2,692 2,692
Gain on liquidation of foreign subsidiaries included in net income       (730) (730)
Foreign currency translation adjustments       63 63
Stock-based compensation   5,651     5,651
Balance at Dec. 31, 2016 830 1,515,362 (96,115) 17,334 1,437,411
Increase (Decrease) in Shareholders' Equity          
Net (loss) / Income     (168,541)   (168,541)
Issuance of 574,546, 278,483 and 278,480 shares of common stock for vested 2015, 2016 and 2017 restricted stock units 3 (3)      
Amount recognized in other comprehensive (loss) income on derivative       (152) (152)
Amount reclassified from AOCI to net (loss) / income on derivative       1,403 1,403
Stock-based compensation   4,205     4,205
Balance at Dec. 31, 2017 $ 833 $ 1,519,564 $ (264,656) $ 18,585 $ 1,274,326