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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 100,541 $ 101,592
Time deposits (Note 2) 20,000 40,000
Accounts receivable, trade 7,278 5,870
Inventories 4,715 5,056
Prepaid expenses and other assets 18,520 8,696
Investments in equity securities 0 20,729
Vessel held for sale 18,425 0
Fair value of derivatives 148 129
Total Current Assets 169,735 182,221
Fixed Assets:    
Advances for vessels under construction (Note 6) 16,583 0
Vessels, net (Note 6) 851,898 900,192
Property and equipment, net (Note 7) 26,658 24,282
Total fixed assets 895,139 924,474
Other Noncurrent Assets    
Restricted cash, non-current (Note 8) 19,500 20,000
Equity method investments (Note 4) 42,209 15,769
Other non-current assets 31 31
Deferred costs 14,721 15,278
Total Non-current Assets 978,764 984,189
Total assets 1,148,499 1,166,410
Current Liabilities    
Current portion of long-term debt, net of deferred financing costs (Note 8) 47,277 49,512
Current portion of finance liabilities, net of deferred financing costs (Note 9) 9,398 9,221
Accounts payable 10,171 9,663
Accrued liabilities 10,766 12,416
Deferred revenue 3,147 3,563
Total Current Liabilities 80,978 85,134
Non-current Liabilities    
Long-term debt, net of current portion and deferred financing costs (Note 8) 438,619 461,131
Finance liabilities, net of current portion and deferred financing costs (Note 9) 118,193 122,908
Fair value of derivatives 226 568
Warrant liability (Note 11(e)) 9,286 6,332
Other non-current liabilities 1,335 1,316
Total Noncurrent Liabilities 567,659 592,255
Commitments and contingencies (Note 10)
Stockholders' Equity    
Preferred stock (Note 11) 26 26
Common stock, $0.01 par value; 1,000,000,000 shares authorized and 125,089,231 and 113,065,725 issued and outstanding on June 30, 2024 and December 31, 2023, respectively (Note 11) 1,251 1,131
Additional paid in capital 1,134,104 1,101,425
Accumulated other comprehensive income 308 308
Accumulated deficit (635,827) (613,869)
Total Stockholders' Equity 499,862 489,021
Total Liabilities and Stockholders' Equity 1,148,499 1,166,410
Related Party [Member]    
Current Assets    
Accounts receivable, trade 108 149
Other Noncurrent Assets    
Due from related parties, non-current (Note 4) 196 319
Investments in related party (Note 5(a)) 6,968 8,318
Current Liabilities    
Accounts payable $ 219 $ 759