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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues      
Voyage charter revenues $ 518,156 $ 502,284 $ 331,388
Time charter revenues 106,237 226,058 121,091
Finance lease interest income 1,748 2,194 577
Other income 20,185 23,770 5,878
Total operating revenues 646,326 754,306 458,934
Other operating gains (losses) 2,381 (2,683) 108,923
Operating expenses      
Voyage expenses and commission 259,334 161,641 109,706
Contingent rental income (26,148) (18,621) 0
Ship operating expenses 135,728 119,515 64,357
Charter hire expenses 19,705 67,846 43,387
Impairment loss on vessels and vessels held under capital lease 164,187 61,692 0
Impairment loss on goodwill 112,821 0 0
Provision for uncollectible receivable 0 4,000 0
Administrative expenses 37,603 37,026 10,582
Depreciation 141,748 141,043 52,607
Total operating expenses 844,978 574,142 280,639
Net operating (loss) income (196,271) 177,481 287,218
Other income (expenses)      
Interest income 588 367 47
Interest expense (69,815) (56,687) (17,621)
Gain on sale of shares 1,061 0 0
Share of results from associated company and gain on equity interest 0 0 2,727
Impairment loss on shares 0 (7,233) (10,507)
Foreign currency exchange (loss) gain (55) 9 134
(Loss) gain on derivatives (753) 3,718 (6,782)
Other non-operating items, net 1,213 204 320
Net other (expenses) income (67,761) (59,622) (31,682)
Net (loss) income before income taxes and non-controlling interest (264,032) 117,859 255,536
Income tax expense (290) (345) (150)
Net (loss) income from continuing operations (264,322) 117,514 255,386
Net loss from discontinued operations 0 0 (131,006)
Net (loss) income (264,322) 117,514 124,380
Net (income) loss attributable to non-controlling interest (539) (504) 30,244
Net (loss) income attributable to the Company $ (264,861) $ 117,010 $ 154,624
(Loss) earnings per share attributable to Frontline Ltd. stockholders:      
Basic and diluted earnings per share attributable to the Company from continuing operations (in dollars per share) $ (1.56) $ 0.75 $ 2.13
Basic and diluted (loss) earnings per share attributable to the Company from discontinued operations (in dollars per share) 0.00 0.00 (0.84)
Basic and diluted earnings per share attributable to the Company (in dollars per share) (1.56) 0.75 1.29
Cash dividends per share declared, as restated for reverse business acquisition and reverse share split (in dollars per share) $ 0.30 $ 1.05 $ 0.25