| Sep'18 | Jun'18 | Sep'17 | Jun'17 | Sep'16 | Jun'16 | Sep'15 | Jun'15 | Jun'14 | Jun'13 | Jun'12 |
|---|---|---|---|---|---|---|---|---|---|---|
Net pool revenues (notes 14e and 14h) | ||||||||||
- | - | - | - | 51,217 | 93,197 | 92,022 | 90,979 | 20,518 | 15,493 | - |
Voyage charter revenues | ||||||||||
Time-charter revenues | ||||||||||
Other revenues | ||||||||||
Net pool revenues | ||||||||||
REVENUES | ||||||||||
Total revenues | ||||||||||
175,915 | 171,659 | 91,238 | 108,789 | - | - | - | - | - | - | - |
Voyage expenses (notes 2, 3 and 13a) | ||||||||||
83,048 | 86,933 | 18,303 | 19,430 | - | - | - | - | - | - | - |
Time-charter revenues (note 14e) | ||||||||||
- | - | - | - | 23,276 | 22,621 | 20,339 | 13,886 | 20,533 | 22,710 | 32,032 |
Net pool revenues from affiliates (note 8a) | ||||||||||
- | - | - | - | - | - | - | - | - | - | 16,136 |
Voyage charter revenues | ||||||||||
- | - | - | - | 23,176 | 16,025 | 5,502 | 7,297 | 3,382 | 2,433 | - |
Interest income from investment in term loans | ||||||||||
- | - | - | - | - | - | - | - | - | 2,856 | - |
Other revenues (note 20) | ||||||||||
- | - | - | - | 11,885 | 14,303 | 8,538 | -879 | - | - | - |
Interest income from investment in term loans (note 4) | ||||||||||
- | - | - | - | - | - | - | - | - | - | 2,872 |
Total revenues | ||||||||||
- | - | - | - | 109,554 | 146,146 | 126,401 | 111,283 | 44,433 | 43,492 | 51,040 |
Voyage expenses (note 14e) | ||||||||||
- | - | - | - | 14,638 | 9,352 | 2,653 | 3,613 | - | - | - |
Vessel operating expenses (note 13a) | ||||||||||
52,161 | 52,652 | 40,958 | 46,853 | 44,783 | 46,389 | 35,267 | 27,846 | - | - | - |
Voyage expenses (note 9a) | ||||||||||
- | - | - | - | - | - | - | - | 3,612 | 2,449 | 107 |
Vessel operating expenses (note 9a) | ||||||||||
- | - | - | - | - | - | - | - | 23,585 | 24,832 | 23,002 |
Time-charter hire expense | ||||||||||
4,317 | 5,697 | 5,835 | 7,997 | 11,335 | 15,913 | 21,382 | 16,793 | 1,112 | 1,951 | 644 |
Depreciation and amortization | ||||||||||
29,595 | 29,573 | 24,328 | 24,415 | 25,888 | 25,621 | 17,878 | 16,012 | 12,425 | 11,921 | 18,047 |
General and administrative expenses (note 13a) | ||||||||||
8,747 | 9,407 | 7,622 | 8,365 | 8,214 | 9,503 | - | - | 3,163 | 3,362 | 2,322 |
Loss provision on investment in term loans (note 3) | ||||||||||
- | - | - | - | - | - | - | - | - | 4,511 | - |
(Loss) gain on sale of vessels | ||||||||||
- | - | - | - | - | - | - | - | 9,955 | - | - |
General and administrative expenses (note 12a) | ||||||||||
- | - | - | - | - | - | 4,310 | 3,211 | - | - | - |
(Loss) gain on sale of vessels (note 14) | ||||||||||
0 | 170 | -7,926 | -142 | -7,903 | -6,420 | 0 | - | - | - | - |
Asset impairments (note 13) | ||||||||||
- | - | - | - | - | - | 0 | 0 | - | - | - |
Restructuring charges | ||||||||||
213 | 982 | 0 | 0 | - | - | 327 | -879 | - | - | - |
Total operating expenses | ||||||||||
- | - | - | - | - | - | - | - | - | 49,026 | 44,122 |
Loss from operations | ||||||||||
-2,166 | -13,415 | -13,734 | 1,587 | -3,207 | 32,948 | 44,584 | 44,687 | 10,491 | -5,534 | 6,918 |
Interest expense | ||||||||||
15,006 | 13,931 | 7,299 | 7,076 | 6,809 | 7,341 | 4,008 | 3,181 | 2,274 | 2,604 | 6,654 |
Interest income | ||||||||||
250 | 160 | 305 | 360 | 18 | 26 | 28 | 8 | 60 | 20 | - |
Realized and unrealized gain (loss) on derivative instruments (note 9) | ||||||||||
596 | 1,116 | 390 | -1,560 | 3,629 | -3,750 | - | - | - | - | - |
Interest income | ||||||||||
- | - | - | - | - | - | - | - | - | - | 11 |
Realized and unrealized loss on derivative instruments | ||||||||||
- | - | - | - | - | - | -1,031 | 523 | -3,614 | 2,748 | -3,895 |
Equity (loss) income (note 6) | ||||||||||
-359 | -70 | -274 | -28,027 | 567 | 3,615 | 2,762 | 3,587 | 15 | -167 | - |
Other expense (note 10) | ||||||||||
-799 | -1,273 | -1,768 | -2,761 | 562 | -1,899 | -1,385 | -474 | - | -187 | -703 |
Other (expense) income | ||||||||||
- | - | - | - | - | - | - | - | -89 | -190 | -11,241 |
Net loss | ||||||||||
-17,484 | -27,413 | -22,380 | -37,477 | -5,240 | 23,599 | 40,950 | 45,150 | 4,589 | -5,724 | -4,323 |
Add: Net loss attributable to the Dropdown Predecessor (note 8c) | ||||||||||
- | - | - | - | - | - | - | - | - | - | 5,398 |
Net (loss) income attributable to common stockholders | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,075 |
Per common share amounts (note 15) | ||||||||||
- Basic (loss) earnings per share (usd per share) | ||||||||||
-0.07 | -0.10 | -0.12 | -0.21 | -0.03 | 0.14 | 0.31 | 0.38 | 0.05 | -0.07 | 0.01 |
- Diluted (loss) earnings per share (usd per share) | ||||||||||
-0.07 | -0.10 | -0.12 | -0.21 | -0.03 | 0.14 | 0.30 | 0.38 | 0.05 | -0.07 | 0.01 |
- Cash dividends declared (usd per share) | ||||||||||
0.00 | 0.00 | 0.03 | 0.03 | 0.06 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.11 |
Weighted-average number of Class A and Class B common stock outstanding (note 15) | ||||||||||
Basic (in shares) | ||||||||||
- | - | - | - | 170,059 | 156,208 | 134,630 | 116,150 | 83,676 | 83,591 | 79,911 |
Diluted (in shares) | ||||||||||
- | - | - | - | 170,059 | 156,446 | 135,174 | 116,725 | 83,966 | 83,591 | 79,911 |
- Basic and Diluted (in shares) | ||||||||||
268,558 | 268,558 | 179,224 | 179,197 | - | - | - | - | - | - | - |