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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series C Preferred Stock [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Other Comprehensive Income [Member]
Accumulated Deficit [Member]
Balance, shares at Dec. 31, 2021   2,600,000 10,675 400 84,672,258      
Balance at Dec. 31, 2021 $ 393,195 $ 26     $ 847 $ 982,537 $ 71 $ (590,286)
Net income 119,063             119,063
Issuance of stock, shares         877,581      
Issuance of common stock (Note 11(e)) 5,322       $ 9 5,313    
Issuance of restricted stock and compensation cost, shares (Note 11(h))         1,470,000      
Issuance of restricted stock and compensation cost (Note 11(h)) 9,282       $ 15 9,267    
Stock repurchased and retired, shares (Note 11(e))         (820,000)      
Stock repurchased and retired (Note 11(e)) (3,799)       $ (8) (3,791)    
Issuance of common stock for vessel acquisitions, shares (Notes 6 and 11(e))         16,453,780      
Issuance of common stock for vessel acquisitions (Notes 6 and 11(e)) 67,853       $ 164 67,689    
Dividends on series B preferred stock ($2.21875) (Note 11(d)) (5,769)             (5,769)
Dividends on common stock (Note 11(f)) (79,812)             (79,812)
Dividends in kind (Note 9(g)) (18,189)             (18,189)
Other comprehensive income 182           182  
Balance, shares at Dec. 31, 2022   2,600,000 10,675 400 102,653,619      
Balance at Dec. 31, 2022 487,328 $ 26     $ 1,027 1,061,015 253 (574,993)
Net income 49,844             49,844
Issuance of stock, shares         6,628,493      
Issuance of common stock (Note 11(e)) 22,846       $ 66 22,780    
Issuance of restricted stock and compensation cost, shares (Note 11(h))         1,750,000      
Issuance of restricted stock and compensation cost (Note 11(h)) 9,938       $ 18 9,920    
Issuance of common stock for vessel acquisitions, shares (Notes 6 and 11(e))         2,033,613      
Issuance of common stock for vessel acquisitions (Notes 6 and 11(e)) 7,730       $ 20 7,710    
Dividends on series B preferred stock ($2.21875) (Note 11(d)) (5,769)             (5,769)
Dividends on common stock (Note 11(f)) (64,276)             (64,276)
Warrants (Note 11(g)) (7,914)             (7,914)
Dividends in kind (Note 9(g)) (10,761)             (10,761)
Other comprehensive income 55           55  
Balance, shares at Dec. 31, 2023   2,600,000 10,675 400 113,065,725      
Balance at Dec. 31, 2023 489,021 $ 26     $ 1,131 1,101,425 308 (613,869)
Net income $ 12,746             12,746
Issuance of stock, shares 9,837,680       9,837,680      
Issuance of common stock (Note 11(e)) $ 28,047       $ 98 27,949    
Issuance of restricted stock and compensation cost, shares (Note 11(h))         2,300,000      
Issuance of restricted stock and compensation cost (Note 11(h)) 10,012       $ 23 9,989    
Dividends on series B preferred stock ($2.21875) (Note 11(d)) (5,769)             (5,769)
Dividends on common stock (Note 11(f)) (29,004)             (29,004)
Other comprehensive income 4           4  
Balance, shares at Dec. 31, 2024   2,600,000 10,675 400 125,203,405      
Balance at Dec. 31, 2024 $ 505,057 $ 26     $ 1,252 $ 1,139,363 $ 312 $ (635,896)