Note 4  Business and Segment Reporting:  The Company has two reportable segments: Crude Tankers and Product Carriers. The Companys investments in and equity in income of the joint ventures with two floating storage and offloading service vessels are included in the Crude Tankers Segment. The Companys investments in and equity in income of the joint venture with four LNG Carriers, which was sold in October 2019, was included in Other. Adjusted income/(loss) from vessel operations for segment purposes is defined as income/(loss) from vessel operations before general and administrative expenses, provision for credit losses, third-party debt modification fees, and gain/(loss) on disposal of vessels and other property. The accounting policies followed by the reportable segments are the same as those followed in the preparation of the Companys condensed consolidated financial statements.  Information about the Companys reportable segments as of and for the three and six months ended June 30, 2020 and 2019 follows:                 Crude  Product       (Dollars in thousands)  Tankers  Carriers  Other  Totals Three months ended June 30, 2020:             Shipping revenues  $ 110,407  $ 29,318  $   $ 139,725 Time charter equivalent revenues   105,890   29,399      135,289 Depreciation and amortization   14,732   4,125   23   18,880 Loss on disposal of vessels and other property, including impairments   4,134         4,134 Adjusted income/(loss) from vessel operations   62,883   15,731   (23)   78,591 Equity in income of affiliated companies   5,205         5,205 Investments in and advances to affiliated companies at June 30, 2020   146,861   8,330      155,191 Adjusted total assets at June 30, 2020   1,288,235   321,530      1,609,765              Three months ended June 30, 2019:             Shipping revenues  $ 52,130  $ 16,880  $   $ 69,010 Time charter equivalent revenues   45,653   16,834      62,487 Depreciation and amortization   14,795   3,994   29   18,818 (Gain)/loss on disposal of vessels and other property   (1)   1,549      1,548 Adjusted (loss)/income from vessel operations   (851)   781   (40)   (110) Equity in income of affiliated companies   4,603      3,412   8,015 Investments in and advances to affiliated companies at June 30, 2019   139,202   10,554   116,203   265,959 Adjusted total assets at June 30, 2019   1,278,859   315,086   116,203   1,710,148                   Crude  Product       (Dollars in thousands)  Tankers  Carriers  Other  Totals Six months ended June 30, 2020:             Shipping revenues  $ 204,084  $ 60,978  $   $ 265,062 Time charter equivalent revenues   194,744   60,276      255,020 Depreciation and amortization   28,977   8,123   47   37,147 Loss on disposal of vessels and other property, including impairments   1,330         1,330 Adjusted income/(loss) from vessel operations   106,824   30,087   (47)   136,864 Equity in income of affiliated companies   10,316         10,316 Expenditures for vessels and vessel improvements   22,451   18,498      40,949 Payments for drydockings   12,121   392      12,513              Six months ended June 30, 2019:             Shipping revenues  $ 132,515  $ 38,369  $   $ 170,884 Time charter equivalent revenues   118,239   38,277      156,516 Depreciation and amortization   29,272   8,412   63   37,747 Loss on disposal of vessels and other property   16   1,484      1,500 Adjusted income/(loss) from vessel operations   22,511   4,839   (83)   27,267 Equity in income of affiliated companies   9,373      6,712   16,085 Expenditures for vessels and vessel improvements   5,339   17      5,356 Payments for drydockings   9,612   1,266      10,878  Reconciliations of time charter equivalent (TCE) revenues of the segments to shipping revenues as reported in the condensed statements of operations follow:                 Three Months Ended June 30,  Six Months Ended June 30, (Dollars in thousands)   2020   2019   2020   2019 Time charter equivalent revenues  $ 135,289  $ 62,487  $ 255,020  $ 156,516 Add: Voyage expenses   4,436   6,523   10,042   14,368 Shipping revenues  $ 139,725  $ 69,010  $ 265,062  $ 170,884  Consistent with general practice in the shipping industry, the Company uses time charter equivalent revenues, which represents shipping revenues less voyage expenses, as a measure to compare revenue generated from a voyage charter to revenue generated from a time charter. Time charter equivalent revenues, a non-GAAP measure, provides additional meaningful information in conjunction with shipping revenues, the most directly comparable GAAP measure, because it assists Company management in making decisions regarding the deployment and use of its vessels and in evaluating their financial performance.   Reconciliations of adjusted income/(loss) from vessel operations of the segments to income/(loss) before income taxes, as reported in the condensed consolidated statements of operations follow:                 Three Months Ended June 30,  Six Months Ended June 30, (Dollars in thousands)   2020   2019   2020   2019 Total adjusted income/(loss) from vessel operations of all segments  $ 78,591  $ (110)  $ 136,864  $ 27,267 General and administrative expenses   (6,694)   (6,297)   (14,128)   (13,070) Provision for credit losses, net   129   21   67   (1,277) Third-party debt modification fees         (232)   (30) Loss on disposal of vessels and other property, including impairments   (4,134)   (1,548)   (1,330)   (1,500) Consolidated income/(loss) from vessel operations   67,892   (7,934)   121,241   11,390 Equity in income of affiliated companies   5,205   8,015   10,316   16,085 Other income/(expense)   143   839   (13,289)   1,875 Interest expense   (8,881)   (17,443)   (20,890)   (34,976) Income/(loss) before income taxes  $ 64,359  $ (16,523)  $ 97,378  $ (5,626)  Reconciliations of total assets of the segments to amounts included in the condensed consolidated balance sheets follow:         (Dollars in thousands)  June 30, 2020  June 30, 2019 Total assets of all segments  $ 1,609,765  $ 1,710,148 Corporate unrestricted cash and cash equivalents   128,063   91,662 Restricted cash   16,398   58,630 Other unallocated amounts   4,730   4,769 Consolidated total assets  $ 1,758,956  $ 1,865,209