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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net income / (loss) $ 565,999 $ 680,530 $ 9,660
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:      
Depreciation (Note 5) 156,733 152,640 142,293
Amortisation of fair value of below market time charters 0 (187) (1,184)
Amortization of debt (loan, lease & notes) issuance costs (Note 8) 4,918 6,511 7,815
Amortization of operating lease right-of-use assets (Note 6)  10,638 (0) (0)
Gain/(Loss) on debt extinguishment, net (Note 8) (4,064) 3,257 4,924
Loss on bad debt  677 629 373
Share-based compensation (Note 11) 28,481 10,335 4,624
(Gain)/Loss on time charter agreement termination 0 (1,102) 0
Loss on write-down of inventory (Note 4) 17,326 (0) (0)
Change in fair value of forward freight derivatives and bunker swaps (Note 18) (2,583) (1,508) (1,295)
Other non-cash charges (225) (116) 276
Write-off of current assets 607 0 0
Gain on hull and machinery claims 0 (192) (2,154)
Equity in income / (loss) of investee (109) (120) (36)
(Increase)/Decrease in:      
Trade accounts receivable (3,650) (43,600) 20,322
Inventories (9,411) (27,783) 3,859
Prepaid expenses and other receivables  (3,818) (19,012) (2,211)
Derivatives asset (91) 500 (2)
Due from related parties (82) 239 109
Due from managers 9,338 (9,064) 541
Other non-current assets 0 0 (1)
Increase/(Decrease) in:      
Accounts payable 11,563 (8,040) (3,052)
Operating lease liability (Note 6) (10,638) 0 0
Due to related parties 75 (13) (2,578)
Accrued liabilities 4,031 13,810 (18,064)
Due to managers 2,459 (3,928) 2,032
Deferred revenue (8,276) 13,285 4,301
Net cash provided by / (used in) Operating Activities 769,898 767,071 170,552
Cash Flows from Investing Activities:      
Advances for vessels & vessel upgrades and other fixed assets (25,403) (130,147) (72,059)
Hull and machinery insurance proceeds 4,531 8,884 5,725
Net cash provided by / (used in) Investing Activities (20,872) (121,263) (66,334)
Cash Flows from Financing Activities:      
Proceeds from bank loans, leases and notes 315,000 470,650 687,792
Loan and lease prepayments and repayments (576,025) (593,183) (708,910)
Financing and debt extinguishment fees paid (5,543) (4,584) (9,027)
Dividends paid (Note 9) (668,697) (230,240) (4,804)
Proceeds from issuance of common stock 19,792 (0) (0)
Offering expenses paid related to the issuance of common stock (412) (433) 0
Repurchase of common shares  (20,068) (10,278) 0
Net cash provided by / (used in) Financing Activities (935,953) (368,068) (34,949)
Net increase/(decrease) in cash and cash equivalents and restricted cash  (186,927) 277,740 69,269
Cash and cash equivalents and restricted cash at beginning of period 473,271 195,531 126,262
Cash and cash equivalents and restricted cash at end of period 286,344 473,271 195,531
  Cash paid during the period for:      
Interest 49,598 49,658 61,557
Non-cash investing and financing activities:      
Shares issued in connection with vessel acquisitions (0) 69,884 (0)
Vessel upgrades (0) (0) 9,674
Assumed debt upon acquisition (0) 99,601 (0)
Right-of-use assets and lease obligations for charter-in contracts (0) 48,796 (0)
Unpaid offering expenses 33 (0) (0)
Dividends declared but not paid (0) (233) (0)
Reconciliation of (a) cash and cash equivalents, and restricted cash reported within the consolidated balance sheets to (b) the total amount of such items reported in the statements of cash flows:      
Cash and cash equivalents 269,754 450,285 183,211
Restricted cash, current (Note 8) 14,569 20,965 7,299
Restricted cash, non-current (Note 8) 2,021 2,021 5,021
Cash and cash equivalents and restricted cash at end of period shown in the statement of cash flows $ 286,344 $ 473,271 $ 195,531