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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
VOYAGE REVENUES:    
Revenues $ 48,820 $ 123,016
OPERATING EXPENSES:    
Voyage expenses 3,567 1,960
Direct vessel operating expenses 21,107 28,762
Navig8 charterhire expenses   6
General and administrative expenses 9,073 8,426
Depreciation and amortization 23,954 27,694
Loss on disposal of vessels, net 7,602 9,843
Total operating expenses 65,303 76,691
OPERATING (LOSS) / INCOME (16,483) 46,325
OTHER EXPENSES:    
Interest expense, net (18,672) (20,051)
Other financing costs   (52)
Other (expense) income, net (48) 642
Total other expenses (18,720) (19,461)
NET (LOSS) / INCOME $ (35,203) $ 26,864
(LOSS) / INCOME PER COMMON SHARE:    
Basic (in dollars per share) $ (0.42) $ 0.32
Diluted (in dollars per share) $ (0.42) $ 0.32
Navig8 Pool    
VOYAGE REVENUES:    
Revenues $ 43,240 $ 118,369
Spot Charter    
VOYAGE REVENUES:    
Revenues $ 5,580 $ 4,647