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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:      
Net income $ 12,746 $ 49,844 $ 119,063
Adjustments to reconcile net income to cash provided by operating activities      
Depreciation and amortization of deferred charges 44,691 49,785 43,326
Amortization of debt issuance costs (Note 13) 2,372 2,620 2,286
Compensation cost on restricted stock (Note 11(g)) 10,012 9,938 9,282
Provision for credit loss 0 0 133
Dividend income (Note 5(a)) 0 (3) (100)
Pension and other postretirement benefits 4 55 182
(Gain)/loss on derivative instruments (Note 8) (274) 439 0
Gain on sale of vessels (Notes 6) (5,799) (5,323) (2,850)
(Gain)/loss on related party investments (Note 5) 3,905 (1,502) (589)
Loss on extinguishment of debt 3,475 748 435
Gain on deconsolidation of subsidiary 0 (844) 0
(Gain)/loss from equity method investments (Note 4) 146 262 (894)
Gain/(loss) on equity securities (Note 5(b)) 400   0
Gain/(loss) on equity securities (Note 5(b))   (2,813)  
Gain on warrants (Note 11(e)) (719) (1,583) 0
(Increase) / Decrease      
Accounts receivable, trade (695) 256 (3,427)
Due from related parties 119 (252) 736
Inventories 863 (511) 1,768
Prepaid expenses and other assets 1,247 (1,950) (1,265)
Other non-current assets 0 70 (16)
Investments in equity securities 20,329 (17,916)  
Increase / (Decrease)      
Accounts payable, trade and other (673) (1,761) 1,465
Due to related parties (569) (57) (72)
Accrued liabilities (520) 282 3,956
Deferred revenue 672 (4,195) 2,026
Other non-current liabilities (158) 437 (218)
Drydock cost (8,044) (5,646) (16,368)
Net Cash Provided by Operating Activities 83,530 70,380 158,859
Cash Flows from Investing Activities:      
Payments for vessels under construction and vessel improvements (20,516) (29,732) (230,302)
Proceeds from sale of vessels, net of expenses (Note 6) 35,154 36,560 4,372
Payments to acquire investments (Note 4) (27,203) (10,595) 0
Time deposits (Note 2(e)) (23,500) 6,500 46,500
Payments to acquire other assets 0 (216) 0
Cash divested from deconsolidation 0 (771)  
Proceeds from convertible loan with limited partnership 0 25,189 0
Payments to acquire property, furniture and fixtures (Note 7)) (3,718) (2,006) (667)
Net Cash Provided By/(Used) in Investing Activities (39,783) 24,929 (273,097)
Cash Flows from Financing Activities:      
Proceeds from issuance of long-term debt and finance liabilities 117,150 57,696 275,133
Proceeds from issuance of common stock, net of expenses (Note 11(e)) 24,195 0 5,266
Payments for issuance of common stock (Note 11(e)) 0 (79)  
Payments of dividends, preferred stock (Note 11(b)) (5,769) (5,769) (5,769)
Payments of dividends, common stock (Note 11(f)) (29,004) (41,427) (79,812)
Payments for repurchase of common stock     (3,799)
Payments of financing costs (Notes 8 and 9) (5,238) (1,724) (3,302)
Repayments of long-term debt and finance liabilities (Notes 8 and 9) (123,007) (79,842) (102,839)
Net Cash Provided by/(Used) in Financing Activities (21,673) (71,145) 84,878
Cash, Cash Equivalents and Restricted Cash, Period Increase/(Decrease) 22,074 24,164 (29,360)
Cash, Cash Equivalents and Restricted Cash, Beginning Balance 121,592 97,428 126,788
Cash, Cash Equivalents and Restricted Cash, Ending Balance 143,666 121,592 97,428
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH      
Cash and cash equivalents 124,666 101,592 76,428
Restricted cash, non-current 19,000 20,000 21,000
Cash, Cash Equivalents and Restricted Cash, Total 143,666 121,592 97,428
SUPPLEMENTAL CASH FLOW INFORMATION      
Non-cash acquisition of assets 0 7,809 136,038
Non-cash debt assumed 0   20,571
Non-cash finance liability 0   47,782
Stock issued in noncash financing activities 3,852 7,809 67,909
Non-cash investments acquired 0 10,000  
Noncash dividend 0 41,521  
Transfer to investments 0   1,370
Interest paid, net of amounts capitalized $ 46,257 $ 46,473 $ 21,306