Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 195,030	$ 86,147
Accounts receivable, net of a reserve of $2,192 and $1,818, respectively	33,554	28,456
Prepaid expenses	4,585	3,362
Inventories	26,274	17,651
Collateral on derivatives	1,200	15,081
Fair value of derivative assets - current	18,353	4,669
Other current assets	703	667
Total current assets	279,699	156,033
Noncurrent assets:
Vessels and vessel improvements, at cost, net of accumulated depreciation of $249,384 and $218,670, respectively	876,547	908,076
Advance for vessel purchase	4,125	0
Operating lease right-of-use assets	34,368	17,017
Other fixed assets, net of accumulated depreciation of $1,566 and $1,403, respectively	346	257
Restricted cash - noncurrent	2,575	75
Deferred drydock costs, net	45,881	37,093
Fair value of derivative assets - noncurrent	9,873	3,112
Advances for ballast water systems and other assets	2,577	4,995
Total noncurrent assets	976,292	970,625
Total assets	1,255,991	1,126,658
Current liabilities:
Accounts payable	21,058	20,781
Accrued interest	1,635	2,957
Other accrued liabilities	17,012	17,994
Fair value of derivative liabilities - current	611	4,253
Lease liabilities - short term	30,742	15,728
Unearned charter hire revenue	14,794	12,088
Current portion of long-term debt	49,800	49,800
Total current liabilities	135,652	123,601
Noncurrent liabilities:
Total debt	296,627	330,244
Lease liabilities - long term	3,626	1,282
Other noncurrent accrued liabilities	883	265
Total noncurrent liabilities	301,136	331,791
Total liabilities	436,788	455,392
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 25,000,000 shares authorized, none issued as of September 30, 2022 and December 31, 2021	0	0
Common stock, $0.01 par value, 700,000,000 shares authorized, 13,003,516 and 12,917,027 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	130	129
Additional paid-in capital	964,494	982,746
Accumulated deficit	(162,712)	(313,495)
Accumulated other comprehensive income	17,291	1,886
Total stockholders' equity	819,203	671,266
Total liabilities and stockholders' equity	1,255,991	1,126,658
Ultraco Global Debt Facility
Noncurrent liabilities:
Total debt	193,202	229,290
Convertible Bond Debt
Noncurrent liabilities:
Total debt	$ 103,425	$ 100,954