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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 227,481 $ 269,754
Restricted cash, current (Notes 8 and 18) 32,248 14,569
Trade accounts receivable, net 68,624 84,034
Inventories (Note 4) 62,362 67,162
Due from managers 23 84
Due from related parties (Note 3) $ 38 $ 324
Accounts Receivable, after Allowance for Credit Loss, Current, Related and Nonrelated Party Status [Extensible Enumeration] Related Party [Member] Related Party [Member]
Prepaid expenses and other receivables $ 19,296 $ 25,667
Derivatives, current asset portion (Note 18) 6,305 25,585
Other current assets (Note 16) 22,830 14,913
Vessel held for sale (Note 5) 15,190 (0)
Total Current Assets 454,397 502,092
FIXED ASSETS    
Vessels and other fixed assets, net (Note 5) 2,539,743 2,881,551
Total Fixed Assets 2,539,743 2,881,551
OTHER NON-CURRENT ASSETS    
Long term investment (Note 3) 1,736 1,676
Restricted cash, non-current (Notes 8 and 18) 2,021 2,021
Operating leases, right-of-use assets (Note 6) 27,825 37,618
Derivatives, non-current asset portion (Note 18) 2,533 8,666
TOTAL ASSETS 3,028,255 3,433,624
CURRENT LIABILITIES    
Current portion of long-term bank loans (Note 8) 249,125 166,586
Lease financing short term (Note 7) 2,731 15,361
Accounts payable 39,317 32,140
Due to managers 7,386 6,344
Due to related parties (Note 3) $ 1,659 $ 1,501
Accounts Payable, Current, Related and Nonrelated Party Status [Extensible Enumeration] Related Party [Member] Related Party [Member]
Accrued liabilities (Note 13) $ 31,372 $ 33,984
Operating lease liabilities, current (Note 6) 5,251 9,955
Derivatives, current liability portion (Note 18) 5,784 (0)
Deferred revenue 16,738 16,684
Total Current Liabilities 359,363 282,555
NON-CURRENT LIABILITIES    
Long-term bank loans, net of current portion and unamortized loan issuance costs of $9,013 and $8,508, as of December 31, 2022 and 2023, respectively (Note 8) 970,039 927,995
Lease financing long term, net of unamortized lease issuance costs of $2,681 and $98, as of December 31, 2022 and 2023, respectively (Note 7) 15,208 175,238
Operating lease liabilities, non-current (Note 6) 22,574 27,663
Other non-current liabilities 1,001 831
TOTAL LIABILITIES 1,368,185 1,414,282
SHAREHOLDERS' EQUITY    
Preferred Shares; $0.01 par value, authorized 25,000,000 shares; none issued or outstanding at December 31, 2022 and 2023, respectively (Note 9) (0) (0)
Common Shares, $0.01 par value, 300,000,000 shares authorized; 102,857,416 shares issued and outstanding as of December 31, 2022; 84,016,892 shares issued and outstanding as of December 31, 2023 (Note 9) 840 1,029
Additional paid in capital 2,287,055 2,646,073
Accumulated other comprehensive income/(loss) 5,393 20,962
Accumulated deficit (633,218) (648,722)
Total Shareholders' Equity 1,660,070 2,019,342
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,028,255 $ 3,433,624