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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 230,666 $ 97,883
Voyage receivables, net of allowance for credit losses of $68 and $31 including unbilled receivables of $176,234 and $100,137 181,905 107,096
Other receivables 6,779 5,651
Inventories 804 2,110
Prepaid expenses and other current assets 14,086 11,759
Current portion of derivative asset 763 0
Total Current Assets 435,003 224,499
Restricted cash 1,054 1,050
Vessels and other property, less accumulated depreciation of $287,846 and $249,336 1,723,742 1,802,850
Vessels construction in progress 71,036 49,291
Deferred drydock expenditures, net 57,592 55,753
Operating lease right-of-use assets 20,917 23,168
Investments in and advances to affiliated companies 39,832 180,331
Long-term derivative asset 0 1,296
Time charter contracts acquired, net 159 842
Other assets 14,906 7,700
Total Assets 2,364,241 2,346,780
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 38,237 44,964
Current portion of operating lease liabilities 9,875 8,393
Current installments of long-term debt 160,790 178,715
Current portion of derivative liability 0 2,539
Total Current Liabilities 208,902 234,611
Long-term operating lease liabilities 9,172 12,522
Long-term debt 912,900 926,270
Long-term derivative liability 529 757
Other liabilities 1,590 2,288
Total Liabilities 1,133,093 1,176,448
Commitments and contingencies
Equity:    
Capital - 100,000,000 no par value shares authorized; 49,695,732 and 49,612,019 shares issued and outstanding 1,583,740 1,591,446
Accumulated deficit (353,303) (409,338)
Stockholders Equity Subtotal 1,230,437 1,182,108
Accumulated other comprehensive income/(loss) 127 (12,360)
Total equity before noncontrolling interests 1,230,564 1,169,748
Noncontrolling interests 584 584
Total Equity 1,231,148 1,170,332
Total Liabilities and Equity $ 2,364,241 $ 2,346,780