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Financial Instruments (Tables) | 6 Months Ended
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Jun. 30, 2022
Financial Instruments |
Schedule of estimated fair values of the financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of June 30, 2022 | ​ | As of December 31, 2021
​ |  | Book Value |  | Fair Value |  | Book Value |  | Fair Value
​ | ​ | (in thousands of $)
Cash and cash equivalents | ​ | $ | 319,573 | ​ | $ | 319,573 | ​ | $ | 129,410 | ​ | $ | 129,410
Restricted cash(2) | ​ | $ | 13,000 | ​ | $ | 13,000 | ​ | $ | 346 | ​ | $ | 346
Equity participation ZIM | ​ | $ | 268,595 | ​ | $ | 268,595 | ​ | $ | 423,024 | ​ | $ | 423,024
Secured long-term debt, including current portion | ​ | $ | 585,149 | ​ | $ | 585,149 | ​ | $ | 842,035 | ​ | $ | 842,035
Unsecured long-term debt | ​ | $ | 300,000 | ​ | $ | 297,885 | ​ | $ | 300,000 | ​ | $ | 300,000
Schedule of estimated fair value of the financial instruments, categorized based upon the fair value hierarchy | The estimated fair value of the financial instruments that are measured at fair value on a recurring basis, categorized based upon the fair value hierarchy, are as follows as of June 30, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value Measurements as of June 30, 2022
​ |  | Total |  | (Level I) |  | (Level II) |  | (Level III)
​ | ​ | (in thousands of $)
Equity participation ZIM | ​ | $ | 268,595 | ​ | $ | 268,595 | ​ | $ | — | ​ | $ | —
​ The estimated fair value of the financial instruments that are not measured at fair value on a recurring basis, categorized based upon the fair value hierarchy, are as follows as of June 30, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value Measurements as of June 30, 2022
​ |  | Total |  | (Level I) |  | (Level II) |  | (Level III)
​ | ​ | ​ | (in thousands of $)
Secured long-term debt, including current portion(1) | ​ | $ | 585,149 | ​ | $ | — | ​ | $ | 585,149 | ​ | $ | —
Unsecured long-term debt(1) | ​ | $ | 297,885 | ​ | $ | 297,885 | ​ | $ | — | ​ | $ | —
​ The estimated fair value of the financial instruments that are measured at fair value on a recurring basis, categorized based upon the fair value hierarchy, are as follows as of December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value Measurements as of December 31, 2021
​ |  | Total |  | (Level I) |  | (Level II) |  | (Level III)
​ | ​ | (in thousands of $)
Equity participation ZIM | ​ | $ | 423,024 | ​ | $ | 423,024 | ​ | $ | — | ​ | $ | —
​ The estimated fair value of the financial instruments that are not measured at fair value on a recurring basis, categorized based upon the fair value hierarchy, are as follows as of December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value Measurements as of December 31, 2021
​ |  | Total |  | (Level I) |  | (Level II) |  | (Level III)
​ | ​ | (in thousands of $)
Secured long-term debt, including current portion(1) | ​ | $ | 842,035 | ​ | $ | — | ​ | $ | 842,035 | ​ | $ | —
Unsecured long-term debt(1) | ​ | ​ | 300,000 | ​ | $ | — | ​ | $ | 300,000 | ​ | $ | —
| (1) | Secured and unsecured long-term debt, including current portion is presented gross of deferred finance costs of $23.4 million and $28.4 million as of June 30, 2022 and December 31, 2021, respectively. The fair value of the Company’s secured debt is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities and does not include amounts related to the accumulated accrued interest.
| (2) | The Company received an advance payment for sale of the vessels of $13.0 million, which is held in an escrow account as of June 30, 2022. Additionally, the Company was required to maintain cash of $0.3 million in a retention account as collateral for the upcoming scheduled debt payments related to the Eurobank $30 mil. Facility, which was recorded in restricted cash under current assets as of December 31, 2021.

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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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