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Related Party Transactions
 9 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Related party transactions Related party transactions

The Company had one debt instrument with related parties as of September 30, 2024 – the Exquisite Vessel Financing. For details on this debt instrument, see Note 10 – Long-term debt – related party.

The following transactions with related parties are included in the accompanying consolidated statements of income (in thousands):

 

For the three months ended September 30,

 

 

For the nine months ended September 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Fees reimbursable to Kaiser

$

68

 

 

$

66

 

 

$

205

 

 

$

1,157

 

The following balances with related parties are included in the accompanying consolidated balance sheets (in thousands):

 

September 30, 2024

 

 

December 31, 2023

 

Amounts due from related parties

$

245

 

 

$

192

 

Amounts due to related parties

 

345

 

 

 

577

 

Prepaid expenses – related party

 

2,803

 

 

 

2,162