Income Taxes (Tables)

6 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

The following table reconciles the difference between the statutory federal income tax rate and the Company's effective income tax rate for the six months ended June 30, 2020:

Statutory rate	21.0	%
Income subject to tonnage tax	(16.9)	%
U.S. federal income tax statutory changes	(206.1)	%
Non-deductible expenses	4.6	%
Foreign earnings not subject to U.S. income tax	3.1	%
Foreign taxes not creditable against U.S. income tax	3.1	%
Subpart F income	6.2	%
State taxes	5.0	%
Share award plans	3.1	%
	(176.9)	%