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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 174,465 $ 97,883
Short-term Investments 80,000  
Voyage receivables, net of allowance for credit losses of $161 and $31 including unbilled receivables of $225,857 and $100,137 230,141 107,096
Other receivables 7,891 5,651
Inventories 873 2,110
Prepaid expenses and other current assets 11,379 11,759
Current portion of derivative asset 4,801 0
Total Current Assets 509,550 224,499
Restricted cash 1,060 1,050
Vessels and other property, less accumulated depreciation of $310,096 and $249,336 1,707,775 1,802,850
Vessels construction in progress 101,701 49,291
Deferred drydock expenditures, net 64,013 55,753
Operating lease right-of-use assets 18,069 23,168
Investments in and advances to affiliated companies 38,109 180,331
Long-term derivative asset 6,252 1,296
Time charter contracts acquired, net 0 842
Other assets 13,374 7,700
Total Assets 2,459,903 2,346,780
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 45,593 44,964
Current portion of operating lease liabilities 8,323 8,393
Current installments of long-term debt 166,965 178,715
Current portion of derivative liability 0 2,539
Total Current Liabilities 220,881 234,611
Long-term operating lease liabilities 8,087 12,522
Long-term debt 900,509 926,270
Long-term derivative liability 0 757
Other liabilities 1,594 2,288
Total Liabilities 1,131,071 1,176,448
Commitments and contingencies
Equity:    
Capital - 100,000,000 no par value shares authorized; 49,058,615 and 49,612,019 shares issued and outstanding 1,557,875 1,591,446
Accumulated deficit (239,876) (409,338)
Stockholders Equity Subtotal 1,317,999 1,182,108
Accumulated other comprehensive income/(loss) 10,833 (12,360)
Total equity before noncontrolling interests 1,328,832 1,169,748
Noncontrolling interests 0 584
Total Equity 1,328,832 1,170,332
Total Liabilities and Equity $ 2,459,903 $ 2,346,780