7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 2023-12-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2013-02-28 2012-12-31 2012-12-31 2012-09-30 2012-03-31 2012-02-29 2011-12-31 2011-11-30 2011-09-30 2011-03-31 2011-02-28 2010-12-31 2010-12-31 2010-09-30 2010-07-31 2009-12-31 2009-12-31 2009-06-30 2009-03-31 2008-12-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2008-03-12 
      
    		                                                                                 
      charter revenues: sales-type and leaseback assets
    		840,000                                                                                 
      charter revenues: operating leases and rig revenue contracts
    		220,386,000 205,268,000 205,268,000 200,781,000 160,480,000 166,403,000 188,892,000 188,892,000                                                                          
      profit share income
    		5,540,000 3,389,000 3,389,000 2,638,000 2,201,000 4,934,000 6,887,000 6,887,000 11,308,000  4,481,000 7,511,000 7,511,000 6,964,000 3,609,000 2,620,000 3,463,000 3,463,000 4,856,000     191,000 553,000    244,000          5,530,000 14,089,000    17,634,000 928,000 191,000   142,000 267,000 519,000   183,000 100,000     622,000 1,410,000 -347,000 207,250 -1,580,000 159,000 2,250,000 1,982,000   11,430,000 11,315,000 15,651,000 15,651,000  14,486,000 28,530,000 28,530,000   33,670,000  
      other operating income
    		2,298,000         2,729,000          2,087,000  1,873,000 1,873,000   633,000 1,747,000 1,747,000    2,587,000 2,587,000   581,000 1,904,000 1,904,000   2,559,000 4,449,000 4,449,000    2,060,000 2,060,000    1,864,000 1,864,000     296,000 296,000         191,000 191,000     228,000      9,000  
      total operating revenues
    		229,064,000 209,573,000 209,573,000 204,886,000 164,561,000 173,266,000 197,817,000 197,817,000 166,890,000 305,686,000 152,389,000 152,061,000 152,061,000 135,445,000 116,762,000 109,128,000 114,912,000 114,912,000 115,774,000 240,361,000 121,896,000 418,712,000 418,712,000 111,527,000 110,902,000 116,543,000 380,878,000 380,878,000 110,997,000 96,795,000 92,349,000 412,951,000 412,951,000 93,673,000 94,223,000 96,880,000 406,740,000 406,740,000 93,528,000 103,991,000 117,583,000 327,487,000 327,487,000 110,712,000 92,026,000 90,088,000 270,860,000 270,860,000 83,169,000 72,985,000 82,671,000 319,692,000 319,692,000 68,083,000 65,991,000 65,087,000 77,654,000 295,114,000 295,114,000 83,629,000 84,120,000 76,061,000 76,061,000 73,250,000 73,754,000 72,049,000 71,166,000 345,220,000 345,220,000 80,754,000 82,616,000 101,280,000 101,280,000 457,805,000 96,806,000 114,298,000 114,298,000  120,882,000 121,886,000  
      gain on sale of assets and termination of charters
    		-17,000   2,194,000 6,420,000 10,056,000    13,228,000          2,250,000         826,000     345,000 805,000         3,378,000   18,025,000 18,025,000 4,904,000 5,045,000 10,152,000 47,386,000 47,386,000   18,025,000 21,537,000 8,468,000 8,468,000                       
      vessel and rig operating expenses
    		-81,234,000 -76,381,000 -76,381,000 -82,858,000 -64,557,000 -69,960,000 -71,133,000 -71,133,000 -50,659,000                                                                         
      administrative expenses
    		-5,461,000 -3,793,000 -3,793,000 -3,325,000 -3,452,000 -4,995,000 -3,381,000 -3,381,000 -3,180,000  -4,839,000 -3,501,000 -3,501,000 -3,026,000 -4,256,000 -2,191,000 -2,680,000 -2,680,000 -2,675,000                                    -1,944,000 -1,967,000 -2,341,000   -2,272,000 -2,197,000 -1,897,000 -1,997,000 -2,406,000 -2,566,000  -2,222,000   -2,634,000 -2,613,000 -2,584,000 -2,584,000  -2,995,000 -1,720,000 -1,720,000  -2,835,000 2,697,000  
      depreciation
    		-56,878,000 -56,390,000 -56,390,000 -55,513,000 -51,118,000 -51,041,000 -48,923,000 -48,923,000 -47,591,000 91,313,000 -44,688,000 -42,433,000 -42,433,000 -35,505,000 -31,887,000 -28,505,000 -28,120,000 -28,120,000 -27,861,000 55,298,000  104,079,000 104,079,000   29,470,000 88,150,000 88,150,000    94,293,000 94,293,000   21,562,000 78,080,000 78,080,000   22,694,000 67,393,000 67,393,000    58,436,000 58,436,000    55,602,000 55,602,000  -14,304,000 -14,033,000 -14,225,000 49,929,000 49,929,000 -13,533,000 -14,261,000 -13,590,000 86,268,000 -12,980,000 -12,549,000  -9,642,000 30,236,000 30,236,000 -8,143,000 -7,897,000 -7,522,000 -7,522,000 28,038,000 -7,450,000 -7,323,000 -7,323,000  -7,194,000 5,999,000  
      vessel impairment charge
    		     -7,389,000         -1,927,000  -252,638,000 -252,638,000  80,511,000  64,338,000 64,338,000         5,314,000 5,314,000    42,410,000 42,410,000    11,800,000 11,800,000                                       
      total operating expenses
    		-143,573,000 -136,564,000 -136,564,000 -141,696,000 -119,127,000 -133,385,000 -123,437,000 -123,437,000 -101,430,000 183,280,000 -93,061,000 -88,564,000 -88,564,000 -80,755,000 -73,581,000 -67,063,000 -321,224,000 -321,224,000 -69,629,000 220,618,000  306,132,000 306,132,000   65,256,000 227,376,000 227,376,000    244,695,000 244,695,000   57,133,000 248,058,000 248,058,000   60,363,000 206,272,000 206,272,000    171,519,000 171,519,000    159,458,000 159,458,000  -40,146,000 -39,331,000 -41,310,000 140,877,000 140,877,000 -38,947,000 -38,122,000 -36,381,000 245,373,000 -35,235,000 -35,008,000  -32,461,000 160,677,000 160,677,000 -30,558,000 -31,547,000 -35,611,000 -35,611,000 137,780,000 -34,195,000 -33,995,000 -33,995,000  -34,701,000 34,014,000  
      operating income
    		85,474,000 73,009,000 73,009,000 65,384,000 51,854,000 49,937,000 74,380,000 74,380,000 65,460,000  59,328,000             20,181,000 46,093,000    43,054,000 17,222,000 35,361,000   37,583,000 38,681,000    32,660,000 44,448,000    58,586,000 16,721,000 42,200,000   38,455,000 30,796,000 46,636,000   24,342,000 25,845,000 43,781,000 57,881,000   66,386,000 48,220,000 42,017,000 30,172,000 38,015,000 44,599,000 38,074,000 38,705,000   50,075,000 78,878,000 65,669,000 65,669,000  62,611,000 80,303,000 80,303,000  96,767,000 94,663,000  
      yoy
    		64.84% -1.84% -1.84% -12.09% -20.79%                    7.06%     -54.18% -8.58%    18.44%     -24.13%     -56.52% 37.03%    26.51% 80.44%     -34.05% 20.04%   74.63% 8.12% 10.36% -22.05%   -23.97% -50.93%    25.98% -18.22% -18.22%  -35.30%       
      qoq
    		17.07% 11.66% 11.66% 26.09% 3.84% -32.86% 13.63% 13.63%                -56.22%     149.99% -51.30%    -2.84%     -26.52%     250.37% -60.38%    24.87% -33.97%    -5.82% -40.97% -24.36%    37.67% 14.76% 39.26% -20.63% -14.76% 17.14% -1.63%    -36.52% 20.11%    -22.03%    2.22%   
      operating margin %
    		                                                                                 
      results in associates
    		778,000 46.20% 46.20% 704,000 754,000 697,000 25.37% 25.37% 715,000  699,000   860,000 516,000 2,048,000   -3,118,000  2,512,000   4,145,000 4,251,000    3,453,000 3,856,000 3,595,000   6,227,000                                      -18.22% -18.22%   -15.17% -15.17%     
      interest income from associates
    		1,138,000 0.00% 0.00% 1,150,000 1,138,000 1,125,000 0.00% 0.00% 1,150,000  1,125,000   1,708,000 2,038,000 2,025,000   3,532,000  3,532,000   3,532,000 3,532,000    3,532,000 3,532,000 3,532,000   3,533,000                                 4,893,000     0.00% 0.00%   0.00% 0.00%     
      interest income, other
    		1,700,000   1,954,000 2,809,000 2,080,000   685,000  21,000   28,000 258,000 13,000   17,000  907,000   1,183,000 1,727,000    523,000 792,000 320,000   681,000 1,286,000    333,000 651,000    5,187,000 6,427,000 4,540,000   2,667,000 5,380,000 3,748,000   1,487,000 1,808,000 1,712,000 1,586,000   1,137,000 1,376,000 667,000 220,750 604,000 181,000 98,000 157,000               
      interest expense
    		-42,879,000 693,000 693,000 -40,107,000 -39,884,000 -39,052,000 713,000 713,000 -27,841,000 -50,104,000 -22,587,000 770,000 770,000 -23,222,000 -22,485,000 -21,869,000 1,158,000 1,158,000 -28,044,000                                    -18,281,000 -20,600,000 -22,354,000   -21,635,000 -22,929,000 -24,540,000 -18,825,000 -25,603,000 -25,048,000  -25,331,000   -24,168,000 -27,058,000   -127,192,000 -32,473,000    -29,871,000 -33,470,000  
      interest and valuation gain/(loss) on non-designated derivatives
    		3,003,000 1,150,000 1,150,000 3,452,000 3,112,000  1,150,000 1,150,000    1,150,000 1,150,000    1,329,000 1,329,000                                                                
      loss on investments in debt and equity securities
    		-415,000 2,230,000 2,230,000    2,043,000 2,043,000    230,000 230,000    236,000 236,000                                                                
      other financial items
    		-714,000 -40,236,000 -40,236,000 852,000  -1,084,000 -34,828,000 -34,828,000 -2,090,000 10,083,000 -143,000 -22,809,000 -22,809,000 -391,000 -1,128,000 809,000 -31,706,000 -31,706,000 2,037,000 -31,583,000 6,548,000        777,000  246,000    31,000    1,728,000 4,146,000     44,486,000          -882,000 -2,106,000 -730,000   9,000 -594,000 41,000 -4,888,000 -780,000 -764,000  -440,000   -249,000 -512,000 -33,885,000 -33,885,000 -54,876,000 -747,000 -29,966,000 -29,966,000  -140,000 -250,000  
      taxes
    		-2,783,000 -3,867,000 -3,867,000 -2,289,000                                                                            0  
      net income
    		45,302,000   29,305,000 16,932,000 6,332,000   49,885,000 104,429,000 47,021,000             3,822,000 28,121,000 33,592,000   29,731,000 15,766,000 24,655,000   28,731,000 20,111,000 32,282,000   32,266,000 38,812,000 46,799,000   45,486,000 67,943,000 33,110,000   34,586,000 22,359,000 40,733,000   13,462,000 25,064,000 32,378,000 51,099,000   61,226,000 38,952,000 30,156,000 30,156,000 27,450,000 41,468,000 32,101,000 30,519,000   43,611,000 56,953,000   181,611,000 42,655,000    71,281,000 59,810,000  
      yoy
    		167.55% -35.26% -35.26% -39.52% -66.06% -93.94%                -27.26% -27.26% -96.22% -5.42% 113.07% -30.87% -30.87% -79.69% -45.13% 22.59% -27.10% -27.10% -85.69% -37.67% -16.82% 63.52% 63.52% -73.73% -14.67% -31.12% 37.68% 37.68% -49.01% 96.45% 48.08% -52.00% -52.00% -81.39% 66.09% 62.52% 263.68% 263.68% -89.74% -80.89% -47.12% 31.18% 334.99% 334.99% 123.05% -6.07% -6.06% -1.19% -85.75% -78.47% -26.39% -46.41% 6149.12% 6149.12% -75.99% 33.52% -93.50% -93.50%  -40.16%       
      qoq
    		44.42% 7.04% 7.04% 73.07% 167.40% -86.93% -2.87% -2.87% -52.23% 122.09%            1826.27% 1826.27% -86.41% -16.29% -66.81% 240.42% 240.42% 88.58% -36.05% -83.16% 409.58% 409.58% 42.86% -37.70% -83.93% 522.43% 522.43% -16.87% -17.07% -61.89% 170.01% 170.01% -33.05% 105.20% -62.88% 157.93% 157.93% 54.68% -45.11% -78.08% 1280.45% 1280.45% -46.29% -22.59% -36.64% -61.05% 114.25% 114.25% 57.18% 29.17% 0.00% 9.86% -33.80% 29.18% 5.18% -84.15% 341.63% 341.63% -23.43% 1747.92% -98.30% -98.30% 325.77% -10.08%    19.18%   
      net income margin %
    		                                                                                 
      basic earnings per share
    		0.36 2,861,000 2,861,000 0.23 0.13 0.05 1,894,000 1,894,000 0.39 0.82 0.37 1,791,000 1,791,000    72,176,000 72,176,000    10,407,000 10,407,000 0.04 0.26 0.31   0.28 0.15 0.24   0.31 0.22 0.35   0.35 0.42 0.5   0.49 0.73 0.35 2,003,000 2,003,000 0.37 0.24 0.44 5,876,000 5,876,000 0.14 0.29 0.38 0.6   0.77 0.49 0.38 0.38 0.35 0.52 0.41 0.39 11,050,000 11,050,000 0.55 0.72 -3,000 -3,000 2.5 0.59 -200,000 -200,000  0.98 0.82  
      weighted-average number of shares
    		125,763,259 -1,034,000 -1,034,000 125,763,481 126,751,968 126,796,331   126,786,600  126,785,545   126,781,184,000 118,485,463,000 116,344,780,000   109,106,159,000  107,630,752   107,611,056 107,609,683    107,607,222 104,953,386 103,357,879   93,504,575 93,504,575    93,504,575 93,504,575    93,480,000 93,450,143 93,412,667   93,364,815 93,286,604 93,266,944   93,260,000 86,135,604 85,248,056 84,768,478   79,225,000 79,127,198 79,125,000  79,125,000 79,125,000 79,125,000 79,125,000   79,125,000 78,845,910    72,743,737    72,743,737 72,743,737  
      common shares outstanding
    		125,908,382 31,368,000 31,368,000 125,701,236 126,268,914 126,796,331 48,454,000 48,454,000 126,796,331  126,785,545   126,785,545,000 126,257,098,000 116,359,233,000   109,141,030,000  107,632,337 73,622,000 73,622,000 107,625,468 107,609,683  101,209,000 101,209,000 107,607,222 107,607,222 103,582,238 146,406,000 146,406,000 93,504,575 93,504,575  200,832,000 200,832,000 93,504,575 93,504,575  122,815,000 122,815,000 93,468,000 93,468,000 93,443,000 89,206,000 89,206,000 93,394,000 93,359,000 93,285,000 185,836,000 185,836,000 93,260,000 93,260,000 85,250,000 85,225,000 131,175,000 131,175,000 79,225,000 79,225,000 79,125,000 19,781,250 79,125,000 79,125,000 79,125,000 79,125,000 192,598,000 192,598,000 79,125,000 79,125,000 3,082,000 3,082,000  72,743,737 47,438,000 47,438,000  72,743,737 72,743,737  
      charter revenues: sales-type, direct financing and leaseback assets
    		 395.39% 395.39% 1,467,000 1,880,000 1,929,000 3.05% 3.05% 2,102,000  4,213,000   5,559,000 6,188,000 9,976,000   19,381,000   119.17% 119.17%    310.50% 310.50%    353.52% 353.52%    329.14% 329.14%    270.93% 270.93%    119.00% 119.00%    473.96% 473.96%     334.99% 334.99%         6149.12% 6149.12%   -93.50% -93.50%   -20.69% -20.69%     
      amortization of deferred charges
    		 0.00% 0.00% -2,069,000 -1,805,000 -1,813,000 0.00% 0.00% -2,272,000  -1,222,000   -1,444,000 -1,906,000 -1,868,000   -2,308,000   0.00% 0.00%    0.00% 0.00%    0.00% 0.00%    0.00% 0.00%    0.00% 0.00%    0.00% 0.00%    0.00% 0.00%  -2,712,000 -2,591,000 -1,529,000 0.00% 0.00%         0.00% 0.00%   0.00% 0.00%   0.00% 0.00%     
      gain/(loss) on investments in debt and equity securities
    		   274,000 -1,040,000                                                                             
      gain on investments in debt and equity securities
    		 0.25 0.25   248,000 0.38 0.38 8,627,000 4,466,000            0.7 0.7    1.06 1.06    1.57 1.57    2.15 2.15    1.32 1.32    1 1    2.31 2.31     1.66 1.66         2.59 2.59   0.04 0.04   0.65 0.65     
      interest and valuation gain or (loss) on non-designated derivatives
    		 125,701,236 125,701,236   -5,806,000 126,796,331 126,796,331    126,785,545,000 126,785,545,000    111,202,221,000 111,202,221,000                                                      72,743,737 72,743,737   72,743,737 72,743,737     
      interest and valuation gain on non-designated derivatives
    		 125,701,236 125,701,236    126,796,331 126,796,331 5,451,000   126,785,545,000 126,785,545,000    116,044,222,000 116,044,222,000                                                      72,743,737 72,743,737   72,743,737 72,743,737     
      charter revenues: operating leases and revenue contracts
    		 916,000 916,000    2,038,000 2,038,000 153,480,000   4,371,000 4,371,000    20,926,000 20,926,000                                                                
      operating revenues
    		 -2,044,000 -2,044,000    -2,294,000 -2,294,000    -1,487,000 -1,487,000    -2,111,000 -2,111,000                                                                
      interest income related parties – direct financing leases
    		 -1,394,000 -1,394,000       382,000          946,000                                                              
      interest income other – sales-type, direct financing leases and leaseback assets
    		      5,078,000 5,078,000  4,394,000          33,275,000                                                              
      service revenue related parties – direct financing leases
    		         1,746,000          3,591,000                                                              
      profit sharing income – related parties
    		      318,000 318,000  1,510,000                                                                        
      profit sharing income – other
    		         8,125,000                                                                        
      time charter revenues – related parties
    		         25,689,000                                                                        
      time charter revenues – other
    		         205,775,000                                                                        
      bareboat charter revenues – related parties
    		         17,770,000                                                                        
      bareboat charter revenues – other
    		         13,195,000                                                                        
      voyage charter revenues
    		         24,371,000                                                                        
      operating expenses
    		                                                                                 
      vessel operating expenses – related parties
    		         12,826,000                                                                        
      vessel operating expenses – other
    		         70,525,000                                                                        
      administrative expenses – related parties
    		         757,000                                                                        
      administrative expenses – other
    		         7,859,000                                                                        
      net operating income
    		         135,634,000          21,993,000      51,287,000          39,721,000     57,234,000                                 337,402,000        
      non-operating income/
    		                                                                                 
      interest income – related parties, long term loans to associated companies
    		         2,263,000                                                                        
      interest income – related parties, other
    		         249,000                                                                        
      interest income – other
    		         433,000                                                                        
      loss on repurchase of bonds
    		                                                                                 
      net income before equity in earnings of associated companies
    		         103,024,000            117,615,000 117,615,000   28,852,000 154,626,000 154,626,000    168,089,000 168,089,000   25,703,000 166,046,000 166,046,000   39,418,000 145,146,000 145,146,000    117,366,000 117,366,000    207,620,000 207,620,000     162,705,000 162,705,000         209,264,000 209,264,000     158,812,000        
      equity in earnings of associated companies
    		         1,405,000          6,246,000      4,740,000          6,579,000     7,381,000                                 22,799,000        
      per share information:
    		                                                                                 
      diluted earnings per share
    		         0.79                0.31          0.32     0.42                                 2.5        
      charter revenues: operating lease
    		          143,695,000   122,922,000 106,965,000 96,532,000                                                                  
      vessel operating expenses
    		          -43,534,000   -42,224,000 -35,511,000 -36,367,000   -39,093,000                                    -23,898,000 -23,331,000 -24,744,000   -23,142,000 -21,664,000 -20,894,000 -15,042,250 -19,849,000 -19,893,000  -20,597,000   -19,781,000 -21,037,000    -23,750,000    -24,672,000   
      gain or (loss) on investments in debt and equity securities
    		          2,505,000   536,000 1,862,000 2,071,000   -2,630,000   58,987,000 58,987,000    77,443,000 77,443,000    118,641,000 118,641,000    167,227,000 167,227,000    89,318,000 89,318,000    61,006,000 61,006,000    142,344,000 142,344,000     80,273,000 80,273,000         116,969,000 116,969,000             
      income related to non-designated derivatives
    		          7,295,000   393,000 -2,809,000 6,188,000   325,000   14,635,000 14,635,000    23,766,000 23,766,000 8,179,000 681,000 5,129,000 27,765,000 27,765,000 7,339,000   33,605,000 33,605,000    33,497,000 33,497,000    28,200,000 28,200,000    43,492,000 43,492,000     50,902,000 50,902,000         75,629,000 75,629,000             
      gain/(loss) on sale of assets and termination of charters
    		             56,000       2,275,000                                                             
      operating income/
    		             54,746,000 43,181,000 42,065,000   46,145,000   0.69 0.69    1.03 1.03    1.5 1.5    1.88 1.88    1.24 1.24    0.99 0.99    2.22 2.22     1.62 1.62         2.59 2.59             
      net income/
    		           140,179,000 140,179,000 33,214,000 19,527,000 31,482,000 88,646,000 88,646,000 15,956,000                                                               
      basic earnings/
    		           -42,630,000 -42,630,000 260 160 270 -37,786,000 -37,786,000 150                                                     -25,505,000 -25,505,000   -24,952,000 -24,952,000     
      income from profit split on fuel-cost savings
    		           -3,474,000 -3,474,000    -1,587,000 -1,587,000                                                                
      charter revenues - operating lease
    		           1,103,000 1,103,000    1,592,000 1,592,000 90,740,000  96,546,000   94,079,000 93,593,000    95,052,000 79,450,000 76,375,000   76,208,000 74,292,000    71,790,000 72,477,000    71,541,000 61,396,000 60,204,000   51,759,000 47,562,000 47,110,000   38,497,000 36,455,000 35,541,000 34,104,000   34,215,000 37,240,000 34,269,000 21,438,750 31,684,000 29,563,000 24,508,000 21,126,000   17,288,000 17,959,000    18,725,000     18,293,000  
      income from split of scrubber fuel-cost savings
    		           39,349,000 39,349,000      797,000        1,124,000 1,124,000         7,364,000 7,364,000                                            
      profit sharing revenues - related parties
    		           102,846,000 102,846,000    -206,312,000 -206,312,000  10,358,000      994,000          5,591,000     24,882,000                                         
      profit sharing income - other
    		           80,120,000 80,120,000    -165,225,000 -165,225,000  1,218,000                                                              
      time charter revenues - related parties
    		           630 630    -1,490 -1,490  26,663,000      13,536,000          12,815,000     14,946,000                                         
      time charter revenues - other
    		                1,877,000 1,877,000  132,011,000      71,693,000          44,935,000     35,660,000                                         
      bareboat charter revenues - other
    		                   6,437,000      6,878,000          7,668,000     11,535,000                               19,252,000 19,252,000   18,952,000 18,952,000     
      voyage charter revenues - other
    		                   23,775,000      6,262,000          4,443,000     7,008,000                                         
      vessel operating expenses - related parties
    		                   15,250,000  1,779,000 1,779,000   8,166,000 5,753,000 5,753,000    51,470,000 51,470,000   15,919,000 59,607,000 59,607,000   17,112,000 33,756,000 33,756,000    770,000 770,000    52,176,000 52,176,000     482,000 482,000                       
      vessel operating expenses - other
    		                   63,514,000      24,271,000          17,501,000     17,770,000                                         
      administrative expenses - related parties
    		                   587,000  53,258,000 53,258,000   443,000 51,832,000 51,832,000    55,265,000 55,265,000   162,000 30,319,000 30,319,000   337,000 10,039,000 10,039,000    5,647,000 5,647,000          660,000 660,000                       
      administrative expenses - other
    		                   5,458,000  239,468,000 239,468,000   2,906,000 186,577,000 186,577,000    171,483,000 171,483,000   1,989,000 130,459,000 130,459,000   2,450,000 83,013,000 83,013,000    77,778,000 77,778,000    60,258,000 60,258,000     28,789,000 28,789,000                       
      interest income - related parties, long term loans to associated companies
    		                   7,064,000  36,222,000 36,222,000   3,532,000 34,860,000 34,860,000    34,964,000 34,964,000   4,668,000 55,419,000 55,419,000   4,669,000 53,407,000 53,407,000    42,705,000 42,705,000    54,212,000 54,212,000     69,003,000 69,003,000                       
      interest income - related parties, other
    		                   179,000  24,339,000 24,339,000   392,000 21,037,000 21,037,000    19,329,000 19,329,000   878,000 35,783,000 35,783,000   120,000 34,608,000 34,608,000    9,724,000 9,724,000                                  
      interest income - other
    		                   1,043,000  45,266,000 45,266,000   1,107,000 57,714,000 57,714,000    67,221,000 67,221,000   225,000 56,939,000 56,939,000   278,000 49,170,000 49,170,000                                       
      interest expense - other
    		                   -71,273,000  83,282,000 83,282,000    74,080,000 74,080,000    68,795,000 68,795,000    63,892,000 63,892,000    70,300,000 70,300,000                                       
      gain on repurchase of bonds
    		                   1,081,000  1,072,000 1,072,000    831,000 831,000    1,443,000 1,443,000    1,032,000 1,032,000    965,000 965,000    439,000 439,000    471,000 471,000     504,000 504,000                       
      gain on settlement of related party loan notes
    		                   4,446,000  8,095,000 8,095,000    6,601,000 6,601,000    7,629,000 7,629,000    5,705,000 5,705,000    6,644,000 6,644,000    7,110,000 7,110,000    8,471,000 8,471,000     9,381,000 9,381,000                       
      (loss)/gain on investments in debt and equity securities
    		                   -18,236,000  14,128,000 14,128,000    15,265,000 15,265,000    18,675,000 18,675,000    18,672,000 18,672,000    24,464,000 24,464,000                                       
      dividend income - related parties
    		                   3,884,000  880,000 880,000    422,000 422,000    897,000 897,000   1,650,000 13,395,000 13,395,000   3,850,000 4,029,000 4,029,000    482,000 482,000                                  
      net (loss)/income before equity in earnings of associated companies
    		                   -81,402,000  2,943,000 2,943,000    3,643,000 3,643,000    2,164,000 2,164,000    7,075,000 7,075,000    11,958,000 11,958,000    10,023,000 10,023,000    7,599,000 7,599,000     3,826,000 3,826,000                       
      net (loss)/income
    		                   -75,156,000                                                              
      basic (loss)/earnings per share
    		                   -0.7                                                              
      diluted (loss)/earnings per share
    		                   -0.7                                                              
      charter revenues - finance lease and vessel loan
    		                    18,944,000   17,257,000                                                          
      profit share income, vessels
    		                    5,863,000      3,300,000 3,300,000    11,550,000 11,550,000                                                 
      profit share income, scrubber fuel-cost savings
    		                    543,000                                                             
      operating (loss)/ income
    		                                                                                 
      direct financing lease interest income - related parties
    		                         975,000          5,031,000     6,249,000                                         
      direct financing and sales-type lease interest income - other
    		                         13,142,000                                                        
      finance lease service revenues - related parties
    		                         2,430,000          10,341,000     11,466,000                                         
      (loss)/gain on sale of assets and termination of charters
    		                                        14,000                                         
      gain/(loss) on sale of subsidiaries and disposal groups
    		                                                                                 
      interest expense - related parties
    		                                                                                 
      gain/(loss) on repurchase of bonds and extinguishment of debt
    		                     9,623,000 9,623,000    16,362,000 16,362,000    22,850,000 22,850,000    34,193,000 34,193,000    45,363,000 45,363,000    55,385,000 55,385,000    59,214,000 59,214,000     97,757,000 97,757,000                       
      impairment of loan notes
    		                     30,055,000 30,055,000    21,903,000 21,903,000    331,000 331,000                                                 
      net unrealized gain/(loss) on equity securities
    		                     22,095,000 22,095,000   10,529,000 35,010,000 35,010,000    44,523,000 44,523,000    46,460,000 46,460,000    46,488,000 46,488,000    52,390,000 52,390,000    64,766,000 64,766,000     69,992,000 69,992,000                       
      realized gain/(loss) on sale of debt and equity securities
    		                                         23,931,000 23,931,000                                       
      mark to market of equity securities
    		                     7,613,000 7,613,000 12,519,000 16,794,000    370,000 16,300,000                                                    
      charter revenues - finance lease
    		                        16,756,000    15,701,000 17,345,000 23,733,000   25,321,000 28,623,000    23,422,000                42,364,000 43,545,000 46,026,000   47,856,000 49,052,000 172,078,000 52,110,000 67,550,000 69,081,000 71,809,000 77,999,000   88,601,000 130,678,000    109,410,000     117,989,000  
      gain/(loss) on repurchase of bonds
    		                     1,146,000 1,146,000   305,000                                                        
      profit sharing revenues - other
    		                                   61,000     40,000                                         
      bareboat charter revenues - related parties
    		                     12,277,000 12,277,000             1,901,000     3,238,000                                         
      (loss)/gain on repurchase of bonds
    		                     13,477,000 13,477,000                                                           
      long-term investment impairment charge
    		                                                                                 
      revenues classified as repayment of investment in finance leases
    		                                                      -12,928,000 -13,999,000 -14,573,000   -14,754,000 -15,777,000 -129,939,000 -18,992,750 -24,404,000 -25,049,000  -29,941,000   -36,565,000 -77,336,000 111,475,000 111,475,000  -45,815,000 113,415,000 113,415,000     
      results in associate
    		                                  7,276,000    6,624,000 6,941,000    8,592,000 9,220,000 7,878,000   9,006,000 8,036,000 5,983,000   6,578,000 7,018,000 8,512,000 10,163,000   11,219,000 11,441,000 11,585,000 9,829,250 11,972,000 13,913,000 13,432,000 11,718,000   17,958,000 18,282,000    20,490,000    233,000 228,000  
      interest income from associates and long term investments
    		                          61,000 61,000    74,000 74,000  3,532,000    4,668,000 4,669,000    4,668,000 4,668,000 4,668,000   6,300,000 6,300,000 5,958,000   5,668,000 5,632,000 5,648,000 5,668,000   5,653,000 4,894,000 5,657,000 4,048,500 5,652,000 5,636,000 4,906,000                
      direct financing lease interest income - other
    		                          5,736,000 5,736,000    10,075,000 10,075,000   3,513,000 12,596,000 12,596,000    16,364,000 16,364,000    18,324,000 18,324,000    20,701,000 20,701,000     21,276,000 21,276,000                       
      (loss)/ gain on sale of assets and termination of charters
    		                                    1,007,000 1,007,000                                            
      non-operating income /
    		                                                                   -7,110,000 -7,110,000             
      gain on redemption of loan notes - related parties
    		                                                                                 
      gain on sale of loan notes and share warrants - other
    		                                                                       15,247,000 15,247,000   7,091,000 7,091,000     
      available-for-sale securities impairment charge
    		                                                                                 
      cash sweep income
    		                                            9,945,000 9,945,000 4,231,000 4,231,000 7,906,000 1,804,000 11,700,000 6,501,000 6,501,000    12,097,000 6,859,000 6,859,000 16,312,000 13,605,000                     
      income/(expense) related to non-designated derivatives
    		                                      3,702,000                                           
      charter revenues - finance leases
    		                                       25,399,000    30,660,000 29,236,000 29,348,000   34,618,000 34,605,000 34,590,000   43,179,000                            
      gain on sale of investment in associated company
    		                                    28,904,000 28,904,000                                            
      gain on sale of associate
    		                                    44,552,000 44,552,000                         1,016,000  4,064,000                 
      expense related to non-designated derivatives
    		                                            4,079,000                                     
      finance lease service revenues - other
    		                                                                                 
      ship operating expenses - related parties
    		                                                                                 
      ship operating expenses - other
    		                                                                                 
      interest income - related parties, associated companies
    		                                         6,055,000 6,055,000               4,064,000 4,064,000                       
      mark to market of derivatives
    		                                                       -1,978,000 414,000   335,000 855,000 -1,733,000 -668,750 -2,410,000 -1,113,000 848,000 877,000   -265,000 -12,824,000    -7,338,000    3,214,000 -2,178,000  
      (loss)/ gain on repurchase of bonds
    		                                                                                 
      impairment adjustment to investments
    		                                              1,846,000 1,846,000                                  
      gain/ (loss) on repurchase of bonds
    		                                              54,916,000 54,916,000    66,455,000 66,455,000     71,283,000 71,283,000                       
      profit share income prepaid
    		                                              50,618,000 50,618,000    28,459,000 28,459,000     9,780,000 9,780,000 -622,000 -1,410,000                     
      gain / (loss) on sale of assets and termination of charters
    		                                              19,575,000 19,575,000    19,575,000 19,575,000     19,575,000 19,575,000 21,704,000                      
      amortisation of deferred charges
    		                                                           -1,415,000 -1,421,000 -3,538,000          -45,155,000 -45,155,000   -10,408,000 -10,408,000     
      impairment adjustment to investment
    		                                                           -463,000 -2,890,000                     
      gain / (loss) on sale of assets
    		                                                            2,222,000 2,337,000 1,532,750  5,853,000 278,000    -121,000 27,809,000           
      vessel impairment adjustments
    		                                                         521,000 521,000                       
      gain on re-purchase of company bonds
    		                                                                  -60,000   47,000            
      direct financing and sales-type lease interest income from related parties
    		                                                                                 
      direct financing and sales-type lease interest income from non-related parties
    		                                                                                 
      finance lease service revenues from related parties
    		                                                                         93,553,000        
      profit sharing revenues from related parties
    		                                                                         110,962,000        
      time charter revenues from non-related parties
    		                                                                         18,646,000        
      bareboat charter revenues from related parties
    		                                                                         21,188,000        
      bareboat charter revenues from non-related parties
    		                                                                   147,498,000 147,498,000     34,606,000        
      gain on sale of assets
    		                                                                   3,870,000 3,870,000     17,377,000        
      ship operating expenses to related parties
    		                                                                   88,953,000 88,953,000     93,553,000        
      ship operating expenses to non-related parties
    		                                                                   33,018,000 33,018,000     6,353,000        
      vessel impairment
    		                                                                   2,836,000 2,836,000             
      administrative expenses to related parties
    		                                                                   20,402,000 20,402,000     1,013,000        
      administrative expenses to non-related parties
    		                                                                   48,452,000 48,452,000     8,823,000        
      interest income
    		                                                                   24,721,000 24,721,000 213,000 187,000   3,478,000 86,000    1,082,000 827,000  
      interest expense to related parties
    		                                                                   88,953,000 88,953,000             
      interest expense to non-related parties
    		                                                                   2,541,000 2,541,000             
      net gain on repurchase of 8.5% senior notes
    		                                                                   26,756,000 26,756,000             
      - less revenues classified as repayment of investment in finance leases
    		                                                                   411,000 411,000           -48,075,000  
      foreign currency exchange gain/loss
    		                                                                   11,780,000 11,780,000      26,000       
      finance lease interest income from related parties
    		                                                                   240,000 240,000   1,071,000 1,071,000 174,948,000  498,000 498,000     
      finance lease interest income from non-related parties
    		                                                                   -15,923,000 -15,923,000     3,674,000        
      asset impairment
    		                                                                   -101,152,000 -101,152,000             
      - less revenues classified as repaymentof investment in finance leases
    		                                                                   20,600,000 20,600,000             
      time charter revenues
    		                                                                       -45,098,000 -45,098,000         
      voyage expenses and commission
    		                                                                       138,000 138,000   120,000 120,000     
      cash dividends paid
    		                                                                                 
      gross operating revenue
    		                                                                              158,832,000   
      less revenues classified as repayment of investment in finance leases
    		                                                                              -71,061,000   
      profit share contribution
    		                                                                           -46,599,000 -46,599,000  33,111,000   
      gain / -loss on sale of assets
    		                                                                              10,586,000 6,791,000  
      foreign currency exchange gain / loss
    		                                                                              -4,000   
      voyage expenses
    		                                                                               167,000  
      ship operating expenses
    		                                                                               25,151,000  
      foreign currency exchange gain / -loss
    		                                                                               -10,000  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.