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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Series B [Member]
Preferred Stock [Member]
Series C [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Loss [Member]
Retained Earnings [Member]
Total
Balance at Jan. 19, 2022 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
Balance (in shares) at Jan. 19, 2022 0 0 500        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Spin-off transaction (Note 3) $ 0 $ 0 $ 0 18,728 0 0 18,728
Spin-off transaction (Note 3) (in shares) 40,000 5,000 1,512,004        
Issuance of common stock (including exercise of warrants) (Note 11)     $ 1 24,679 0 0 24,680
Issuance of common stock (including exercise of warrants) (Note 11) (in shares)     8,258,030        
Cancellation of common stock (Note 11)     $ 0 0 0 0 0
Cancellation of common stock (Note 11) (in shares)     (500)        
Issuance of preferred stock (Notes 3 & 11) $ 0 $ 0   5,000 0 0 5,000
Issuance of preferred stock (Notes 3 & 11) (in shares) 0 5,000          
Repurchase of common stock (Note 11) $ 0 $ 0 $ 0 (6,003) 0 0 (6,003)
Repurchase of common stock (Note 11) (in shares)     (3,289,791)        
Dividends on common stock and participating non vested restricted stock awards (Note 11) 0 0 $ 0 0 0 (7,373) (7,373)
Dividends on Series C preferred shares (Note 11) 0 0 0 0 0 (243) (243)
Redemption of Series C preferred shares (Note 11) 0 $ 0 0 (10,000) 0 (500) (10,500)
Redemption of Series C preferred shares (Note 11) (in shares)   (10,000)          
Stock based compensation (Note 15) 0 $ 0 $ 0 2,789 0 0 2,789
Stock based compensation (Note 15) (in shares)     1,700,000        
Foreign currency translation             0
Net (loss) / income 0 0 $ 0 0 0 37,490 37,490
Balance at Dec. 31, 2022 $ 0 $ 0 $ 1 35,193 0 29,374 64,568
Balance (in shares) at Dec. 31, 2022 40,000 0 8,180,243        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (including exercise of warrants) (Note 11)     $ 0 1,874 0 0 1,874
Issuance of common stock (including exercise of warrants) (Note 11) (in shares)     779,200        
Repurchase of common stock (Note 11) $ 0 $ 0 $ 0 (673) 0 0 $ (673)
Repurchase of common stock (Note 11) (in shares)     (264,813)       (264,813)
Dividends on common stock and participating non vested restricted stock awards (Note 11) 0 0 $ 0 0 0 (2,643) $ (2,643)
Stock based compensation (Note 15) 0 0 0 2,522 0 0 2,522
Foreign currency translation             0
Net (loss) / income 0 0 0 0 0 221 221
Balance at Dec. 31, 2023 $ 0 $ 0 $ 1 38,916 0 26,952 65,869
Balance (in shares) at Dec. 31, 2023 40,000 0 8,694,630        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (including exercise of warrants) (Note 11)     $ 0 (50) 0 0 (50)
Issuance of common stock (including exercise of warrants) (Note 11) (in shares)     0        
Repurchase of common stock (Note 11) $ 0 $ 0 $ 0 (469) 0 0 $ (469)
Repurchase of common stock (Note 11) (in shares)     (185,363)       (185,363)
Dividends on common stock and participating non vested restricted stock awards (Note 11) 0 0 $ 0 0 0 (2,654) $ (2,654)
Stock based compensation (Note 15) 0 0 $ 0 779 0 0 779
Stock based compensation (Note 15) (in shares)     335,000        
Foreign currency translation 0 0 $ 0 0 (4) 0 (4)
Net (loss) / income 0 0 0 0 0 (3,383) (3,383)
Balance at Dec. 31, 2024 $ 0 $ 0 $ 1 $ 39,176 $ (4) $ 20,915 $ 60,088
Balance (in shares) at Dec. 31, 2024 40,000 0 8,844,267