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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Shipping Revenues:      
Shipping revenues $ 864,665 $ 272,546 $ 421,648
Operating Expenses:      
Voyage expenses 10,955 16,686 19,643
Vessel expenses 240,674 183,057 128,373
Charter hire expenses 32,132 23,934 30,114
Depreciation and amortization 110,388 86,674 74,343
General and administrative 46,351 33,235 28,976
Third-party debt modification fees 1,158 110 232
Merger and integration related costs   50,740  
(Gain)/loss on disposal of vessels and other assets, net of impairments (19,647) (9,753) 100,087
Total operating expenses 422,011 384,683 381,768
Income/(loss) from vessel operations 442,654 (112,137) 39,880
Equity in income of affiliated companies 714 21,838 4,119
Operating income/(loss) 443,368 (90,299) 43,999
Other income/(expense) 2,332 (5,947) (12,817)
Income/(loss) before interest expense and income taxes 445,700 (96,246) 31,182
Interest expense (57,721) (36,796) (36,712)
Income/(loss) before income taxes 387,979 (133,042) (5,530)
Income tax provision (88) (1,618) (1)
Net income/(loss) 387,891 (134,660) (5,531)
Less: Net loss attributable to noncontrolling interest   (1,168)  
Net income/(loss) attributable to the Company $ 387,891 $ (133,492) $ (5,531)
Weighted Average Number of Common Shares Outstanding:      
Basic 49,381,459 38,407,007 28,372,375
Diluted 49,844,904 38,407,007 28,372,375
Per Share Amounts:      
Basic net income/(loss) per share $ 7.85 $ (3.48) $ (0.20)
Diluted net income/(loss) per share $ 7.77 $ (3.48) $ (0.20)
Pool Revenue Leases [Member]      
Shipping Revenues:      
Shipping revenues $ 774,922 $ 175,997 $ 272,980
Time and Bareboat Charter Leases [Member]      
Shipping Revenues:      
Shipping revenues 33,034 50,094 88,719
Voyage Charter Leases [Member]      
Shipping Revenues:      
Shipping revenues $ 56,709 $ 46,455 $ 59,949