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BUSINESS AND SEGMENT REPORTING (Reconciliation of Income/(Loss) from Vessel Operations to Loss Before Reorganization) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total adjusted income/(loss) from vessel operations of all segments $ 62,464 $ 166,746
General and administrative expenses (13,217) (12,098)
Gain on disposal of vessels and other assets, net 10,021 51
Consolidated loss from vessel operations 59,173 154,423
Other income 1,844 2,954
Interest expense (11,452) (12,887)
Net income/(loss) attributable to the Company 49,565 144,490
Vessel Operations [Member]    
Total adjusted income/(loss) from vessel operations of all segments 62,464 166,746
General and administrative expenses (13,217) (12,098)
Other operating expenses (95) (276)
Gain on disposal of vessels and other assets, net 10,021 51
Consolidated loss from vessel operations 59,173 154,423
Other income 1,844 2,954
Interest expense (11,452) (12,887)
Net income/(loss) attributable to the Company $ 49,565 $ 144,490