CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current Assets:
Cash and cash equivalents	$ 116,922	$ 157,506
Short-term investments	50,000
Voyage receivables, net of allowance for credit losses of $52 and $86, including unbilled of $169,610 and $181,211	177,887	185,521
Other receivables	13,836	13,771
Inventories	611	1,875
Prepaid expenses and other current assets	7,384	15,570
Current portion of derivative asset	406	2,080
Total Current Assets	367,046	376,323
Vessels and other property, less accumulated depreciation of $246,413 and $466,356	2,077,986	2,050,211
Vessels construction in progress	57,725	37,020
Deferred drydock expenditures, net	109,257	90,209
Operating lease right-of-use assets	7,220	21,229
Pool working capital deposits	33,051	35,372
Long-term derivative assets	5	801
Other assets	16,352	25,232
Total Assets	2,668,642	2,636,397
Current Liabilities:
Accounts payable, accrued expenses and other current liabilities	69,921	66,264
Current portion of operating lease liabilities	3,182	14,617
Current installments of long-term debt	25,788	50,054
Total Current Liabilities	98,891	130,935
Long-term operating lease liabilities	5,954	8,715
Long-term debt, net	541,291	638,353
Other liabilities	2,229	2,346
Total Liabilities	648,365	780,349
Commitments and contingencies
Equity:
Capital - 100,000,000 no par value shares authorized; 49,404,078 and 48,194,458 shares issued and outstanding	1,507,325	1,504,767
Retained earnings	523,792	359,142
Stockholders Equity Subtotal	2,031,117	1,863,909
Accumulated other comprehensive loss	(10,840)	(7,861)
Total Equity	2,020,277	1,856,048
Total Liabilities and Equity	$ 2,668,642	$ 2,636,397