XML 39 R33.htm IDEA: XBRL DOCUMENT v3.23.3
Transactions with Related Parties (OceanPal) (Narrative) (Details)
6 Months Ended 12 Months Ended
Feb. 01, 2023
USD ($)
$ / shares
shares
Jan. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Item
$ / shares
shares
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Jan. 23, 2023
USD ($)
Related Party Transaction [Line Items]            
Gain on spin-off of OceanPal Inc.     $ 844,000 $ 0    
Equity securities value     7,744,000   $ 7,744,000  
Dividend income     0 100,000    
Due to related parties, current     195,000   136,000  
Purchase price of vessel acquired   $ 23,955,000        
Payments to acquire vessels         24,123,000  
Cash and cash equivalents     123,117,000 112,842,000 76,428,000  
Equity Securities Fv-Ni Realized Gain     761,000 0    
Vessels     1,134,915,000   1,141,128,000  
Purchase price of vessel $ 14,000,000         $ 15,080,000
Cash proceeds from sale of vessels 4,000,000   18,603,000 0    
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1     10,000,000 0    
OceanPal [Member] | Melia [Member]            
Related Party Transaction [Line Items]            
Purchase price of vessel 14,000,000          
Cash proceeds from sale of vessels $ 4,000,000          
OceanPal [Member]            
Related Party Transaction [Line Items]            
Equity securities value     7,744,000   7,744,000  
Dividend income     567,000 $ 400,000    
Dividend receivable     $ 168,000   $ 168,000  
Series B Preferred Stock [Member] | OceanPal [Member]            
Related Party Transaction [Line Items]            
Number of votes of stockholders | Item     2,000      
Maximum percentage of votes as a percentage of total votes     34.00%      
Maximum total number of votes entitled to vote, including common stock or any other voting security     49.00%      
Issuance of preferred stock, shares | shares     500,000      
Preferred Stock Voting Rights     Series B preferred shares entitle the holder to 2,000 votes on all matters submitted to vote of the stockholders of the Company, provided however, that the total number of votes shall not exceed 34% of the total number of votes, provided further, that the total number of votes entitled to vote, including common stock or any other voting security, would not exceed 49% of the total number of votes.      
Series C Convertible Preferred Stock [Member] | OceanPal [Member]            
Related Party Transaction [Line Items]            
Conversion price | $ / shares     $ 6.5      
Cumulative preferred dividend accruing rate     8.00%      
Preferred stock liquidation preference per share | $ / shares     $ 10,000      
Issuance of preferred stock, shares | shares     10,000      
Preferred Stock Voting Rights     Series C preferred shares do not have voting rights unless related to amendments of the Articles of Incorporation that adversely alter the preference, powers or rights of the Series C Preferred Shares or to issue Parity Stock or create or issue Senior Stock.      
Series D Convertible Preferred Stock [Member] | Melia [Member]            
Related Party Transaction [Line Items]            
Maximum total number of votes entitled to vote, including common stock or any other voting security 49.00%          
Cumulative preferred dividend accruing rate 7.00%          
Preferred stock liquidation preference per share | $ / shares $ 1,000          
Issuance of preferred stock, shares | shares 13,157          
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 $ 10,000,000          
Series D Convertible Preferred Stock [Member] | OceanPal [Member]            
Related Party Transaction [Line Items]            
Preferred Stock Voting Rights     Series D preferred shares have no voting rights      
Series D Convertible Preferred Stock [Member] | OceanPal [Member] | Melia [Member]            
Related Party Transaction [Line Items]            
Issuance of preferred stock, shares | shares 13,157          
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 $ 10,000,000          
Series D Convertible Preferred Stock [Member] | OceanPal [Member]            
Related Party Transaction [Line Items]            
Equity Securities Fv-Ni Realized Gain 761,000          
Equity Securities, fair value $ 10,761,000