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Basis of Presentation and General Information (Tables) | 6 Months Ended
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Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Basis of Presentation and General Information - Results of operation of Star Bulk and Eagle (Table) | Basis of Presentation and General Information - Results of operation of Star Bulk and Eagle (Table)
|  | Star Bulk |  |  | Eagle
Voyage revenues | $ | 522,610 |  | $ | 89,655
Operating income | $ | 203,142 |  | $ | 18,689
Net income | $ | 169,405 |  | $ | 11,531
Basis of Presentation and General Information - Proforma (Table) | Basis of Presentation and General Information - Proforma (Table)
|  | Six month periods ended
|  | June 30, 2023 |  | June 30, 2024
Pro forma voyage revenues | $ | 669,325 | $ | 715,663
Pro forma operating income |  | 137,065 |  | 208,089
Pro forma net income |  | 99,474 |  | 164,118
Pro forma income per share, basic |  | 0.89 |  | 1.47
Pro forma income per share, diluted | $ | 0.89 | $ | 1.44
Basis of Presentation and General Information - Accounting for the Eagle Merger (Table) | Basis of Presentation and General Information - Accounting for the Eagle Merger (Table)
(Dollars in thousands, except per share and share data) |  | Amounts |
Eagle common stock |  | 10,476,091 | (a)
Equity awards of Eagle employees and not vested to be replaced |  | 237,853 | (b)
Eagle shares exchanged with Star Bulk shares | ​ | 10,713,944 |
Fixed exchange ratio | ​ | 2.6211 | (c)
Total Star Bulk common stock issued to Eagle shareholders |  | 28,082,319 |
Star Bulk closing price per share | $ | 23.70 | (d)
Consideration transferred related to value of net assets acquired | $​ | 665,551 |
Basis of Presentation and General Information - Fair Value Tangible Assets Acquired and Liabilities Assumed (Table) | Basis of Presentation and General Information - Fair Value Tangible Assets Acquired and Liabilities Assumed (Table)
(Dollars in thousands) |  | Fair Value
Vessels and vessel improvements | $ | 1,157,000
Advances for BWTS and other assets |  | 1,252
Vessels held for sale |  | 29,254
Inventories |  | 25,783
Cash |  | 104,325
Derivative assets |  | 289
Operating lease right-of use assets |  | 3,454
Other current assets (Accounts receivable, Prepaid expenses, Other current assets) |  | 56,130
Long term debt |  | (375,500)
Convertible Notes |  | (138,680)
Operating lease liabilities |  | (3,454)
Derivative liabilities |  | (48)
Accounts payable, Accrued liabilities, Unearned charter hire revenue and Other non-current liabilities |  | (54,041)
Net asset value acquired | $ | 805,764
Consideration transferred | $ | 665,551
Excess of net asset value acquired over consideration transferred | $ | 140,213

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