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EQUITY METHOD INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2020
EQUITY METHOD INVESTMENTS [Abstract]  
Results of Operations of Equity Method Investments

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

Shipping revenues

 

$

26,024

 

$

52,315

Ship operating expenses

 

 

(14,240)

 

 

(26,369)

Income from vessel operations

 

 

11,784

 

 

25,946

Other income

 

 

40

 

 

428

Interest expense

 

 

(1,874)

 

 

(10,276)

Income tax provision

 

 

(923)

 

 

(855)

Net income

 

$

9,027

 

$

15,243