| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Revenues, net | |||||||||
292,377 | 310,094 | 236,784 | 124,492 | - | - | - | - | - | - |
Revenues, net | |||||||||
- | - | - | - | 103,856 | 202,439 | 190,811 | 313,432 | 265,036 | 192,574 |
Voyage expenses | |||||||||
87,701 | 79,566 | 62,351 | 42,093 | 23,832 | 26,423 | 26,110 | 44,345 | 3,726 | 0 |
Vessel expenses | |||||||||
82,342 | 81,336 | 78,607 | 74,016 | 86,329 | 84,424 | 90,551 | 85,049 | 72,983 | 50,161 |
Vessel expenses | |||||||||
82,342 | 81,336 | 78,607 | 74,016 | 86,329 | - | - | - | - | 50,161 |
Charter hire expenses | |||||||||
42,168 | 38,045 | 31,283 | 12,845 | 4,125 | - | 1,713 | 41,215 | 9,982 | 0 |
Depreciation and amortization | |||||||||
40,545 | 37,717 | 33,690 | 38,884 | 43,000 | 76,947 | 77,588 | 73,084 | 62,945 | 44,329 |
General and administrative expenses | |||||||||
35,041 | 36,156 | 33,126 | 22,905 | 25,537 | 16,026 | 32,065 | 37,559 | 40,029 | 32,713 |
Other operating expense | |||||||||
1,125 | 0 | 0 | - | - | - | - | - | - | - |
Restructuring charges | |||||||||
- | - | - | 5,869 | 0 | - | - | - | - | - |
Gain on sale of vessels | |||||||||
5,978 | 335 | 2,134 | -101 | -5,696 | - | - | -509 | - | - |
Vessel impairment | |||||||||
- | - | - | 129,027 | 50,872 | - | - | - | - | - |
Gain on time charter agreement termination | |||||||||
- | - | - | - | - | 32,526 | - | - | - | - |
Loss (gain) from sale of vessel | |||||||||
- | - | - | - | - | - | - | - | 291 | 0 |
Total operating expenses | |||||||||
282,946 | 272,487 | 236,924 | 325,744 | 239,394 | 171,296 | 228,029 | 281,764 | 189,376 | 127,204 |
Operating (loss)/income | |||||||||
9,431 | 37,606 | -140 | -201,251 | -135,537 | 31,143 | -37,218 | 31,668 | 75,659 | 65,370 |
Interest expense | |||||||||
30,577 | 25,743 | 29,376 | 21,799 | 11,927 | 82,907 | 66,643 | 46,769 | 48,885 | -28,904 |
Interest income | |||||||||
1,867 | 585 | 651 | 215 | 6 | 75 | 32 | 130 | 369 | -204 |
Write-off of deferred financing costs | |||||||||
- | - | - | - | - | - | - | - | - | -3,383 |
Other expense (income) | |||||||||
- | - | - | - | - | -18,832 | 1,028 | 151 | -298 | 0 |
Other expense/(income) | |||||||||
-149 | 126 | 37 | -686 | -838 | -101,664 | -65,582 | -46,488 | - | - |
Loss on debt extinguishment | |||||||||
-2,268 | 0 | -14,968 | 0 | 0 | - | - | - | - | - |
Total other expense, net | |||||||||
-31,128 | -25,032 | -43,656 | -22,270 | -12,759 | - | - | - | -48,814 | -32,083 |
Net (loss)/income | |||||||||
-21,697 | 12,574 | -43,796 | -223,522 | -148,296 | -70,521 | -102,800 | -14,819 | 26,844 | 33,287 |
Weighted average shares outstanding: | |||||||||
Basic (in shares) | |||||||||
71,365 | 70,665 | 69,182 | 20,565 | 1,880 | 16,983 | 16,328 | 15,655 | 15,551 | 55,897 |
Diluted (in shares) | |||||||||
71,365 | 71,802 | 69,182 | 20,565 | 1,880 | 16,983 | 16,328 | 15,655 | 15,604 | 55,923 |
Per share amounts: | |||||||||
Basic net (loss)/income (in usd per share) | |||||||||
-0.30 | 0.18 | -0.63 | -10.87 | -78.88 | -4.15 | -6.30 | -0.95 | 1.73 | 0.60 |
Diluted net (loss)/income (in usd per share) | |||||||||
-0.30 | 0.18 | -0.63 | -10.87 | -78.88 | -4.15 | -6.30 | -0.95 | 1.72 | 0.60 |