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BUSINESS AND SEGMENT REPORTING (Reconciliation of Income/(Loss) from Vessel Operations to Loss Before Reorganization) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Total adjusted income/(loss) from vessel operations of all segments $ 356,624 $ 478,163 $ 627,538
General and administrative expenses (50,235) (52,607) (47,473)
Third-party debt modification fees   (168) (568)
Gain on disposal of vessels and other assets, net 42,537 32,657 35,934
Consolidated income from vessel operations 345,385 455,225 615,431
Other income 6,169 10,118 10,652
Interest expense (42,704) (49,703) (65,759)
Net income 309,261 416,724 556,446
Income before income taxes 308,850 415,640 560,324
Vessel Operations [Member]      
Segment Reporting Information [Line Items]      
Total adjusted income/(loss) from vessel operations of all segments 356,624 478,163 627,538
General and administrative expenses (50,235) (52,607) (47,473)
Other operating expenses (3,541) (2,820)  
Third-party debt modification fees   (168) (568)
Gain on disposal of vessels and other assets, net 42,537 32,657 35,934
Consolidated income from vessel operations 345,385 455,225 615,431
Other income 6,169 10,118 10,652
Interest expense (42,704) (49,703) (65,759)
Income before income taxes $ 308,850 $ 415,640 $ 560,324