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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 751,955 $ 332,580
Financial assets measured at fair value through profit or loss 0 74,157
Accounts receivable 180,801 150,183
Prepaid expenses and other current assets 10,072 9,230
Inventories 11,919 10,173
Assets held for sale 153,622 0
Total current assets 1,108,369 576,323
Non-current assets    
Vessels and drydock 2,741,440 3,190,820
Other assets 59,834 58,312
Goodwill 8,197 8,197
Total non-current assets 2,809,471 3,257,329
Total assets 3,917,840 3,833,652
Current liabilities    
Current portion of long-term bank debt 0 122,797
Sale and leaseback liability 19,121 8,592
Accounts payable 34,029 32,213
Accrued expenses and other current liabilities 65,609 73,591
Total current liabilities 118,759 237,193
Non-current liabilities    
Long-term bank debt and bonds 600,083 665,887
Sale and leaseback liability 0 64,691
Total non-current liabilities 600,083 730,578
Total liabilities 718,842 967,771
Shareholders’ equity    
Common stock, $0.01 par value per share; 150,000,000 and 150,000,000 shares authorized; 51,762,790 and 49,923,042 outstanding shares as of December 31, 2025 and December 31, 2024, respectively. 778 760
Additional paid-in capital 3,231,184 3,159,548
Treasury shares (1,467,127) (1,466,818)
Retained earnings 1,434,163 1,172,391
Total shareholders’ equity 3,198,998 2,865,881
Total liabilities and shareholders’ equity $ 3,917,840 $ 3,833,652