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UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 9,629 $ 20,544
Trade accounts receivable 0 8
Prepayments and other 1,626 1,314
Inventories 1,057 1,026
Due from related parties $ 622 $ 0
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Total current assets $ 12,934 $ 22,892
FIXED ASSETS:    
Vessels, net (Note 4) 381,884 389,059
Right of use assets from operating leases 24,093 28,708
Other fixed assets, net 505 505
Total fixed assets 406,482 418,272
OTHER NON CURRENT ASSETS:    
Restricted cash 4,000 4,000
Investments in unconsolidated joint ventures 20,804 22,173
Deposit asset 2,000 2,000
Total non-current assets 26,804 28,173
Total assets 446,220 469,337
CURRENT LIABILITIES:    
Current portion of long-term debt (Note 7) 34,874 12,344
Due to related parties (Note 5) $ 0 $ 237
Other Liability, Current, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Accounts payable $ 1,759 $ 1,953
Accrued liabilities 2,083 2,061
Unearned revenue 6,286 7,030
Current portion of Operating lease liabilities (Note 6) 8,795 8,610
Vessel fair value participation liability (Note 7) 3,605 0
Total current liabilities 57,402 32,235
NON-CURRENT LIABILITIES:    
Non-current portion of long-term debt (Note 7) 192,309 221,370
Non-current portion of Operating lease liabilities (Note 6) 10,847 15,338
Other non-current liabilities 50 100
Vessel fair value participation liability (Note 7) 0 3,271
Total non-current liabilities 203,206 240,079
COMMITMENTS AND CONTINGENCIES (Note 8)
Total liabilities 260,608 272,314
MEZZANINE EQUITY:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized; 13,452 Series E Shares issued and outstanding at December 31, 2022 and June 30, 2023 and 5,850,748 and 3,659,628 Series F Shares issued and outstanding at December 31, 2022 and June 30, 2023 (Note 12) 37 59
Preferred stock, Paid-in capital in excess of par 60,021 86,292
Total mezzanine equity 60,058 86,351
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized; of which 100,000 Series D shares were outstanding at December 31, 2022 and June 30, 2023 1 1
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 10,294,906 shares issued and outstanding at December 31, 2022 and 20,346,091 shares issued and outstanding at June 30, 2023 203 103
Additional paid-in capital 437,382 428,374
Accumulated deficit (312,032) (317,806)
Total stockholders' equity 125,554 110,672
Total liabilities, mezzanine equity and stockholders' equity $ 446,220 $ 469,337