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Subsequent Events | 6 Months Ended
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Jun. 30, 2024
Subsequent Events [Abstract] |
Subsequent Events | 15. Subsequent Events a) Exercise of warrants: Since July 1, 2024 and until September 12, 2024, the Company issued 65,715 shares of common stock, resulting to $ 164 of proceeds from the exercise of 41,085 warrants. b) Bond Issue: On July 2, 2024, the Company issued a new bond of $ 150 million, maturing in July 2029 to refinance the existing $ 125 million bond maturing in June 2026 (note 8). The existing bond was settled on July 8, 2024 and the Company incurred a loss of about $ 3,990 , resulting from the call premium. c) Series B Preferred Stock Dividends : On July 15, 2024, the Company paid a quarterly dividend on its series B preferred stock, amounting to $ 0.5546875 per share, or $ 1,442 , to its stockholders of record as of July 12, 2024. d) Loan refinancing: On July 25, 2024, the Company entered into a new loan agreement with Nordea to refinance the two existing loan agreements with the bank having an outstanding balance of $ 167,263 . The new loan agreement will mature in six years and will have a margin of 2.00 % over term SOFR. e) Delivery of Vessel: On September 4, 2024, the vessel Houston was delivered to her new owners (Note 6).

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483399/855-10-50-2 + Details
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