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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 462,578 $ 227,481
Restricted cash, current (Notes 8 and 13) 18,350 32,248
Trade accounts receivable, net 91,331 68,624
Inventories (Note 4) 81,662 62,362
Due from managers 0 23
Due from related parties (Note 3) $ 38 $ 38
Accounts Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Prepaid expenses and other receivables $ 18,553 $ 19,296
Derivatives, current asset portion (Note 13) 3,960 6,305
Other current assets 46,309 22,830
Vessel held for sale (Note 5) 0 15,190
Total Current Assets 722,781 454,397
FIXED ASSETS    
Advances for vessels under construction (Note 5) 19,216 0
Vessels and other fixed assets, net (Note 5) 3,348,120 2,539,743
Total Fixed Assets 3,367,336 2,539,743
OTHER NON-CURRENT ASSETS    
Long term investment (Note 3) 1,747 1,736
Restricted cash, non-current (Notes 8 and 13) 4,606 2,021
Operating leases, right-of-use assets (Note 6) 139,735 27,825
Derivatives, non-current asset portion (Note 13) 1,451 2,533
Other non-current assets 380 0
TOTAL ASSETS 4,238,036 3,028,255
CURRENT LIABILITIES    
Current portion of long-term bank loans (Note 8) 227,014 249,125
Convertible notes (Note 8) 69,369 0
Lease financing short term (Note 7) 2,731 2,731
Accounts payable 49,870 39,317
Due to managers 14,274 7,386
Due to related parties (Note 3) $ 1,599 $ 1,659
Accounts Payable, Current, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Accrued liabilities  $ 66,001 $ 31,372
Operating lease liabilities, current (Note 6) 20,760 5,251
Derivatives, current liability portion (Note 13) 1,917 5,784
Deferred revenue 21,672 16,738
Other current liabilities 2,000 0
Total Current Liabilities 477,207 359,363
NON-CURRENT LIABILITIES    
Long-term bank loans, net of current portion and unamortized loan issuance costs of $8,508 and $9,458, as of December 31, 2023 and June 30, 2024, respectively (Note 8) 1,169,062 970,039
Lease financing long term, net of unamortized lease issuance costs of $98 and $73, as of December 31, 2023 and June 30, 2024, respectively (Note 7) 13,867 15,208
Operating lease liabilities, non-current (Note 6) 118,975 22,574
Other non-current liabilities 1,022 1,001
TOTAL LIABILITIES 1,780,133 1,368,185
SHAREHOLDERS' EQUITY    
Preferred Shares; $0.01 par value, authorized 25,000,000 shares; none issued or outstanding at December 31, 2023 and June 30, 2024, respectively (Note 9) 0 0
Common Shares, $0.01 par value, 300,000,000 shares authorized; 84,016,892 shares issued and outstanding as of December 31, 2023; 112,854,026 shares issued and outstanding as of June 30, 2024 (Note 9) 1,129 840
Additional paid in capital 3,027,249 2,287,055
Accumulated other comprehensive income/(loss) 4,640 5,393
Accumulated deficit (575,115) (633,218)
Total Shareholders' Equity 2,457,903 1,660,070
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,238,036 $ 3,028,255