Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
227,288 | 290,245 | 313,396 | 264,877 | 202,397 | 151,097 | 121,925 | 33,568 | 0 |
Time charter and voyage expenses | ||||||||
21,919 | 4,980 | 4,492 | 5,187 | 6,762 | 2,824 | 3,499 | 355 | 0 |
Direct vessel expenses | ||||||||
- | - | - | - | - | - | - | 0 | 0 |
Direct vessel expenses | ||||||||
4,198 | 3,567 | 1,532 | 1,979 | 3,096 | 2,622 | 633 | 9,752 | 0 |
Management fees (entirely through related party transactions) | ||||||||
94,973 | 97,866 | 95,336 | 95,827 | 71,392 | 47,043 | 35,679 | - | - |
General and administrative expenses | ||||||||
13,969 | 17,057 | 15,532 | 14,588 | 7,017 | 3,853 | 4,241 | 1,902 | 994 |
Share based compensation | ||||||||
- | - | - | - | - | - | - | 2,140 | 0 |
Transaction costs | ||||||||
- | - | - | - | - | - | - | 8,019 | 0 |
Depreciation and amortization | ||||||||
56,880 | 57,617 | 57,623 | 67,718 | 63,880 | 49,644 | 38,638 | 10,120 | 0 |
Impairment loss | ||||||||
- | - | - | 11,690 | 0 | 0 | - | - | - |
Gain on sale of vessel | ||||||||
0 | 11,749 | 5,771 | 22,599 | -21,098 | 0 | 0 | - | - |
Interest income | ||||||||
10,042 | 4,767 | 1,683 | 720 | 315 | 445 | 1,414 | - | - |
Prepayment penalties & write-off of deferred finance fees | ||||||||
- | - | - | - | - | - | - | 5,441 | 0 |
Interest income | ||||||||
- | - | - | - | - | - | - | 862 | 346 |
Interest expense and finance cost | ||||||||
76,438 | 75,987 | 73,561 | 78,610 | 58,386 | 49,432 | 43,165 | 10,651 | 0 |
Loss on bond extinguishment | ||||||||
- | - | - | - | -33,973 | 0 | -935 | - | - |
Change in fair value of other assets | ||||||||
- | - | - | -1,188 | 0 | - | - | - | - |
Change in fair value of other assets | ||||||||
- | - | - | - | - | 0 | - | - | - |
Equity/ (loss) in net earnings of affiliated companies | ||||||||
-46,657 | 15,499 | 18,436 | 2,000 | 0 | 0 | - | - | - |
Other income | ||||||||
82 | 377 | 41 | 280 | 4,787 | 280 | 155 | - | - |
Other expense | ||||||||
1,277 | 2,685 | 1,514 | 642 | 487 | 202 | 561 | - | - |
Other (expense)/ income, net | ||||||||
- | - | - | - | - | - | - | 404 | 0 |
Net loss | ||||||||
-78,899 | 62,878 | 89,737 | 13,047 | -58,592 | -3,798 | -3,857 | - | - |
Unrealized holding loss on investments in available-for-sale-securities | ||||||||
- | - | - | - | - | 0 | - | - | - |
Other comprehensive Loss | ||||||||
- | - | - | - | - | 0 | - | - | - |
Total comprehensive income/ (loss) | ||||||||
- | - | - | - | - | -3,798 | - | - | - |
Incremental fair value of securities offered to induce warrants exercise | ||||||||
- | - | - | - | - | - | - | 647 | 0 |
Dividend on preferred shares Series B | ||||||||
0 | 0 | 78 | 108 | 108 | 108 | 108 | 0 | 0 |
Dividend on preferred shares Series D | ||||||||
0 | 0 | 281 | 642 | 91 | 0 | 0 | - | - |
Dividend declared on restricted shares | ||||||||
89 | 105 | 245 | 385 | 105 | 0 | 0 | - | - |
Undistributed loss attributable to Series C participating preferred shares | ||||||||
3,835 | -3,058 | -4,337 | -541 | 3,206 | 622 | - | - | - |
Net loss attributable to common shareholders, basic | ||||||||
-75,153 | 59,715 | 84,796 | 11,371 | -55,690 | -3,284 | - | -14,193 | -648 |
Dividend on preferred shares Series B | ||||||||
0 | 0 | 78 | 0 | 0 | - | - | - | - |
Dividend on preferred shares Series D | ||||||||
0 | 0 | 281 | 0 | 0 | - | - | - | - |
Dividend on restricted shares | ||||||||
0 | 105 | 245 | 0 | 0 | - | - | - | - |
Undistributed loss attributable to Series C participating preferred shares | ||||||||
- | - | - | 541 | 0 | 0 | - | - | - |
Net loss attributable to common shareholders, diluted | ||||||||
-75,153 | 59,820 | 85,400 | 11,912 | -55,690 | -3,284 | - | - | - |
Undistributed loss attributable to Series C participating preferred shares | ||||||||
- | - | - | - | - | - | 587 | 0 | 0 |
Net loss attributable to common shareholders | ||||||||
- | - | - | - | - | - | -3,378 | -13,546 | -648 |
Net loss per share, basic and diluted | ||||||||
-0.50 | 0.40 | 0.57 | 0.08 | -0.57 | -0.08 | -0.08 | -0.43 | -0.03 |
Weighted average number of shares, basic | ||||||||
150,412 | 149,932 | 150,025 | 147,606 | 98,085 | 40,517 | 41,409 | 32,677 | 21,505 |
Net (loss)/ income per share, diluted | ||||||||
-0.50 | 0.40 | 0.56 | 0.08 | -0.57 | -0.08 | -0.08 | -0.43 | -0.02 |
Weighted average number of shares, diluted | ||||||||
150,412 | 150,736 | 153,300 | 156,482 | 98,085 | 40,517 | 41,409 | 32,677 | 21,505 |