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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 332,580 $ 355,551
Financial assets measured at fair value through profit or loss 74,157 0
Accounts receivable 150,183 203,500
Prepaid expenses and other current assets 9,230 10,213
Inventories 10,173 7,816
Total current assets 576,323 577,080
Non-current assets    
Vessels and drydock 3,190,820 3,577,935
Other assets 58,312 65,440
Goodwill 8,197 8,197
Total non-current assets 3,257,329 3,651,572
Total assets 3,833,652 4,228,652
Current liabilities    
Current portion of long-term bank debt 122,797 220,965
Sale and leaseback liability 8,592 206,757
Accounts payable 32,213 10,004
Accrued expenses and other current liabilities 73,591 72,678
Total current liabilities 237,193 510,404
Non-current liabilities    
Long-term bank debt and bonds 665,887 939,188
Sale and leaseback liability 64,691 221,380
Other long-term liabilities 0 3,974
Total non-current liabilities 730,578 1,164,542
Total liabilities 967,771 1,674,946
Shareholders’ equity    
Common stock, $0.01 par value per share; 150,000,000 and 150,000,000 shares authorized; 49,923,042 and 53,107,765 outstanding shares as of December 31, 2024 and December 31, 2023, respectively. 760 745
Additional paid-in capital 3,159,548 3,097,054
Treasury shares (1,466,818) (1,131,225)
Retained earnings 1,172,391 587,132
Total shareholders’ equity 2,865,881 2,553,706
Total liabilities and shareholders’ equity $ 3,833,652 $ 4,228,652