| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
REVENUES: | ||||||||
Revenues | ||||||||
39,363 | 28,433 | 13,075 | 3,602 | 20,074 | 31,428 | 79,723 | 90,875 | 47,353 |
EXPENSES: | ||||||||
Voyage expenses | ||||||||
999 | 736 | 370 | 113 | 663 | 1,023 | 7,743 | 2,468 | 1,118 |
Bareboat charter hire expenses | ||||||||
6,282 | 6,299 | 5,274 | 0 | - | - | - | - | - |
Amortization of prepaid bareboat charter hire | ||||||||
1,657 | 1,577 | 1,431 | 0 | - | - | - | - | - |
Charter hire expenses (Note 8) | ||||||||
- | - | - | - | - | - | - | 480 | 10,827 |
Amortization of deferred gain on sale and leaseback of vessels and write-off of seller's credit (Note 6) | ||||||||
- | - | - | - | - | - | - | - | -7,799 |
Lease termination expenses (Note 8) | ||||||||
- | - | - | - | - | - | - | - | -15,391 |
Other vessel operating expenses | ||||||||
13,444 | 9,913 | 4,789 | 1,143 | 745 | 814 | - | 12,853 | 15,032 |
Dry-docking costs | ||||||||
- | - | - | - | - | - | - | 4,103 | 4,543 |
Vessel depreciation (Note 4(b)) | ||||||||
5,744 | 3,467 | 668 | 757 | 6,429 | 11,458 | 25,327 | 32,376 | 12,580 |
Management fees-related parties (Note 5) | ||||||||
4,730 | 1,824 | 1,621 | 703 | 1,351 | 2,345 | 5,730 | 3,131 | - |
Gain on disposal of subsidiaries (Note 20) | ||||||||
- | - | - | - | 1,591 | - | - | - | - |
Other operating gain, net | ||||||||
914 | 3,137 | -274 | 0 | - | - | - | - | - |
Management fees-third parties | ||||||||
- | - | - | - | - | - | - | 159 | 338 |
Management fees-related parties (Note 6) | ||||||||
4,730 | 1,824 | 1,621 | - | 1,351 | 2,345 | 5,730 | 3,131 | - |
General and administrative expenses | ||||||||
5,805 | 2,906 | 2,983 | 2,335 | 3,258 | 7,078 | 15,364 | 18,142 | 23,416 |
Gain on sale of vessels (Note 5) | ||||||||
- | - | - | - | 14 | - | - | 5,101 | - |
Impairment on vessel (Note 4) | ||||||||
0 | 0 | 3,081 | 0 | - | - | - | - | - |
Impairment on vessels (Note 5) | ||||||||
- | - | - | - | - | 61,484 | - | - | - |
Impairment on vessels | ||||||||
- | - | - | - | - | - | - | - | 36,638 |
Operating loss | ||||||||
1,616 | 4,848 | -7,416 | -588 | 9,233 | -52,774 | -171,050 | 22,264 | -64,731 |
OTHER INCOME (EXPENSES): | ||||||||
Interest and finance costs (including $143 and $361, respectively to related party) | ||||||||
15,793 | 3,093 | 719 | 450 | 7,443 | 9,345 | 16,283 | 14,776 | 8,450 |
Loss on derivative financial instruments (Note 17) | ||||||||
-301 | -698 | -392 | 3,866 | -171 | -447 | -1,793 | -5,057 | 160 |
Interest income | ||||||||
13 | 0 | 0 | 74 | 131 | 175 | 95 | 136 | 173 |
Other, net | ||||||||
1,120 | -5 | 20 | -6 | -342 | -1,593 | -81 | -54 | -183 |
Total other loss, net | ||||||||
14,961 | 3,796 | 1,091 | -3,484 | 7,825 | 11,210 | 18,062 | 19,751 | 8,300 |
Net (loss)/income and comprehensive (loss)/income | ||||||||
-13,345 | 1,052 | -8,507 | - | - | - | - | - | - |
Other Comprehensive income / (loss) | ||||||||
- | - | - | - | - | - | - | -51 | - |
Net loss and comprehensive loss | ||||||||
- | - | - | 2,896 | 1,408 | -63,984 | - | 2,462 | - |
Deemed dividend for beneficial conversion feature of Series B convertible preferred stock (Note 19) | ||||||||
0 | 1,403 | 0 | 0 | - | - | - | - | - |
Equity gains in unconsolidated joint ventures | ||||||||
-27 | 0 | 0 | - | - | - | - | - | - |
Net loss attributable to common shareholders | ||||||||
-13,372 | -351 | -8,507 | 2,896 | - | - | - | - | - |
Earnings/(loss) per common share, basic (Note 14) (in dollars per share) | ||||||||
- | - | - | 2.23 | 5.78 | -26.36 | - | - | - |
Earnings/(loss) per common share, diluted (Note 14) (in dollars per share) | ||||||||
- | - | - | 1.84 | 5.76 | -26.36 | - | - | - |
Net income (loss) from continuing operations | ||||||||
- | - | - | - | - | - | - | - | -73,031 |
Net income (loss) from discontinued operations | ||||||||
- | - | - | - | - | - | - | - | 22,835 |
Common stock holders | ||||||||
-13,404 | -351 | -8,507 | - | - | - | -189,112 | 2,513 | -50,196 |
Non-controlling interests | ||||||||
-32 | 0 | 0 | - | - | - | - | - | - |
Loss per common share, basic and diluted (Note 10) (in dollars per share) | ||||||||
-12.57 | -15,955.00 | -773,364.00 | - | - | - | -209.97 | 0.82 | - |
From continuing operations (in Dollars per share) | ||||||||
- | - | - | - | - | - | - | - | -25.87 |
From discontinuing operations (in Dollars per share) | ||||||||
- | - | - | - | - | - | - | - | 8.09 |
From continuing operations (in Dollars per share) | ||||||||
- | - | - | - | - | - | - | - | -25.87 |
From discontinuing operations (in Dollars per share) | ||||||||
- | - | - | - | - | - | - | - | 8.09 |
Weighted average common shares outstanding, basic (Note 14) (in Shares) | ||||||||
- | - | - | - | - | - | 900 | - | 2,823 |
Weighted average common shares outstanding, diluted (Note 14) (in Shares) | ||||||||
- | - | - | - | - | - | 900 | - | 2,823 |
Weighted average common shares outstanding, basic and diluted (in shares) | ||||||||
- | - | - | - | - | - | - | 3,075 | - |