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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
REVENUES:    
Time charter revenues $ 140,021,000 $ 140,456,000
OPERATING EXPENSES    
Voyage expenses 7,364,000 663,000
Vessel operating expenses 42,763,000 34,822,000
Depreciation and amortization of deferred charges 26,661,000 20,457,000
General and administrative expenses 15,695,000 14,947,000
Management fees to related party (Note 2(c)) 647,000 228,000
Gain on sale of vessels (Notes 3) (4,995,000) 0
Insurance recoveries 0 (1,789,000)
Other operating income (189,000) (341,000)
Operating income, total 52,075,000 71,469,000
OTHER INCOME / (EXPENSES):    
Interest expense and finance costs (Note 9) (23,845,000) (11,209,000)
Interest and other income 3,746,000 622,000
Loss on extinguishment of debt (748,000) 0
Gain on deconsolidation of subsidiary (Note 2(e)) 844,000 0
Gain on dividend distribution (Note 2(d)) 761,000 0
Gain from equity method investments (Note 2(c) and (e)) 244,000 767,000
Total other expenses, net (18,998,000) (9,820,000)
Net income 33,077,000 61,649,000
Dividends on series B preferred shares (Notes 8(b) and 10) (2,884,000) (2,884,000)
Net income attributable to common stockholders $ 30,193,000 $ 58,765,000
Earnings per common share, basic (Note 10) $ 0.31 $ 0.76
Earnings per common share, diluted (Note 10) $ 0.30 $ 0.73
Weighted average number of common shares outstanding, basic (Note 10) 98,489,613 77,343,851
Weighted average number of common shares outstanding, diluted (Note 10) 99,762,411 80,308,679