Equity Method Investments (Tables)

9 Months Ended

Sep. 30, 2019

Equity Method Investments [Abstract]

Results of Operations of Equity Method Investments

A condensed summary of the results of operations of the joint ventures follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
		2019		2018		2019		2018
Shipping revenues	$	58,210	$	50,105	$	163,995	$	156,427
Ship operating expenses		(32,003)		(28,407)		(86,330)		(82,738)
Income from vessel operations		26,207		21,698		77,665		73,689
Other income		462		424		1,358		1,125
Interest expense		(9,816)		(11,095)		(30,205)		(29,862)
Income tax provision		(882)		(837)		(2,551)		(2,665)
Net income	$	15,971	$	10,190	$	46,267	$	42,287