The following schedule presents segment information about the Companys operations and identifiable assets for the year s ended December 31, 2018 , 2017 and 2016 (in thousands). December 31, 2018 Kamsarmax Ultramax Corporate Total Vessel revenue $ 87,305 $ 155,197 $ 242,502 Voyage expenses 219 330 549 Vessel operating cost 34,255 71,220 105,475 Charterhire expense 422 3,754 4,176 Vessel depreciation 19,320 37,287 56,607 General and administrative expenses 2,069 4,344 25,972 32,385 Interest income 1,107 1,107 Income (loss) from equity investment (7,178 ) (7,178 ) Foreign exchange gain (loss) (68 ) (68 ) Financial expense, net (49,869 ) (49,869 ) Segment loss $ 31,020 $ 38,262 $ (81,980 ) $ (12,698 ) December 31, 2017 Kamsarmax Ultramax Corporate Total Vessel revenue $ 67,825 $ 94,380 $ 162,205 Voyage expenses 300 129 429 Vessel operating cost 35,336 51,445 (117 ) 86,664 Charterhire expense 4,417 975 5,392 Vessel depreciation 18,713 29,797 48,510 General and administrative expenses 1,916 3,389 23,776 29,081 Loss / write down on assets held for sale 17,701 17,701 Interest income 1,100 1,100 Foreign exchange gain (loss) (292 ) (292 ) Financial expense, net (34,962 ) (34,962 ) Segment loss $ (10,558 ) $ 8,645 $ (57,813 ) $ (59,726 ) December 31, 2016 Kamsarmax Ultramax Corporate Total Vessel revenue $ 31,684 $ 46,718 $ 78,402 Voyage expenses (81 ) 36 (45 ) Vessel operating cost 27,083 41,749 68,832 Charterhire expense 12,323 5,033 17,356 Charterhire termination 2,500 7,500 10,000 Vessel depreciation 14,522 22,040 36,562 General and administrative expenses 1,718 2,725 29,552 33,995 Loss / write down on assets held for sale 11,557 (130 ) 1,006 12,433 Interest income 933 933 Foreign exchange loss (116 ) (116 ) Financial expense, net (24,921 ) (24,921 ) Segment loss $ (37,938 ) $ (32,235 ) $ (54,662 ) $ (124,835 ) Identifiable assets, classified by the segment by which the Company operates, are as follows: Identifiable assets December 31, 2018 December 31, 2017 Held by vessel owning subsidiaries or allocated to segments: Kamsarmax $ 553,790 $ 549,444 Ultramax 994,812 1,028,798 Held by parent and other subsidiaries, not allocated to segments: Cash and cash equivalents 55,884 59,278 Other 99,340 5,890 Total identifiable assets $ 1,703,826 $ 1,643,410 The following schedule presents segment information about the Companys operations and identifiable assets for the year s ended December 31, 2018 , 2017 and 2016 (in thousands). December 31, 2018 Kamsarmax Ultramax Corporate Total Vessel revenue $ 87,305 $ 155,197 $ 242,502 Voyage expenses 219 330 549 Vessel operating cost 34,255 71,220 105,475 Charterhire expense 422 3,754 4,176 Vessel depreciation 19,320 37,287 56,607 General and administrative expenses 2,069 4,344 25,972 32,385 Interest income 1,107 1,107 Income (loss) from equity investment (7,178 ) (7,178 ) Foreign exchange gain (loss) (68 ) (68 ) Financial expense, net (49,869 ) (49,869 ) Segment loss $ 31,020 $ 38,262 $ (81,980 ) $ (12,698 ) December 31, 2017 Kamsarmax Ultramax Corporate Total Vessel revenue $ 67,825 $ 94,380 $ 162,205 Voyage expenses 300 129 429 Vessel operating cost 35,336 51,445 (117 ) 86,664 Charterhire expense 4,417 975 5,392 Vessel depreciation 18,713 29,797 48,510 General and administrative expenses 1,916 3,389 23,776 29,081 Loss / write down on assets held for sale 17,701 17,701 Interest income 1,100 1,100 Foreign exchange gain (loss) (292 ) (292 ) Financial expense, net (34,962 ) (34,962 ) Segment loss $ (10,558 ) $ 8,645 $ (57,813 ) $ (59,726 ) December 31, 2016 Kamsarmax Ultramax Corporate Total Vessel revenue $ 31,684 $ 46,718 $ 78,402 Voyage expenses (81 ) 36 (45 ) Vessel operating cost 27,083 41,749 68,832 Charterhire expense 12,323 5,033 17,356 Charterhire termination 2,500 7,500 10,000 Vessel depreciation 14,522 22,040 36,562 General and administrative expenses 1,718 2,725 29,552 33,995 Loss / write down on assets held for sale 11,557 (130 ) 1,006 12,433 Interest income 933 933 Foreign exchange loss (116 ) (116 ) Financial expense, net (24,921 ) (24,921 ) Segment loss $ (37,938 ) $ (32,235 ) $ (54,662 ) $ (124,835 )