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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues (Note 4) $ 369,413 $ 241,767 $ 187,252
Expenses / (income), net:      
Voyage expenses (Note 12) 10,547 12,213 13,145
Vessel operating expenses (Note 12) 55,353 41,726 30,544
Vessel operating expenses - related parties (Notes 5, 12) 9,550 6,780 5,301
General and administrative expenses (including $2,980, $2,564 and $2,244 to related parties, for the years ended December 31, 2024, 2023 and 2022, respectively) (Notes 5, 15) 16,682 13,445 10,681
Vessel depreciation and amortization (Note 6) 86,156 54,866 41,042
Gain on sale of vessels 0 0 (47,275)
Impairment of vessels (Note 6) 0 11,157 0
Operating income, net 191,125 101,580 133,814
Other income / (expense), net:      
Interest expense and finance cost (including $3,174 to related party, for the year ended December 31, 2024) (Note 5, 8) (139,831) (95,743) (45,631)
Other income / (expense), net 3,315 1,253 (1,855)
Total other expense, net (136,516) (94,490) (47,486)
Net income from continuing operations 54,609 7,090 86,328
Net income from discontinued operations (Note 3) 139,025 40,118 39,093
Net income from operations 193,634 47,208 125,421
Net income attributable to General Partner (Note 16) 743 680 2,157
Deemed dividend to General Partner (Note 16) 46,184 0 0
Net income attributable to unvested shares (Note 16) 808 929 3,662
Net income attributable to common shareholders (Note 16) $ 145,899 $ 45,599 $ 119,602
Net income from continuing operations per:      
Earnings Per Share, Basic $ 0.14 $ 0.33 $ 4.26
Earnings Per Share, Diluted $ 0.14 $ 0.33 $ 4.26
Weighted Average Number of Shares Outstanding, Basic 56,094,666 21,182,471 19,325,030
Weighted Average Number of Shares Outstanding, Diluted 56,094,666 21,182,471 19,325,030
Net income from discontinued operations per:      
Earnings Per Share, Basic $ 2.46 $ 1.83 $ 1.93
Earnings Per Share, Diluted $ 2.46 $ 1.83 $ 1.93
Weighted Average Number of Shares Outstanding, Basic 56,094,666 21,182,471 19,325,030
Weighted Average Number of Shares Outstanding, Diluted 56,094,666 21,182,471 19,325,030
Net income from operations per:      
Earnings Per Share, Basic $ 2.60 $ 2.15 $ 6.19
Earnings Per Share, Diluted $ 2.60 $ 2.15 $ 6.19
Weighted Average Number of Shares Outstanding, Basic 56,094,666 21,182,471 19,325,030
Weighted Average Number of Shares Outstanding, Diluted 56,094,666 21,182,471 19,325,030
Net income from operations $ 193,634 $ 47,208 $ 125,421
Other comprehensive income /(loss):      
Unrealized income/ (loss) on derivative instruments (Note 9) 1,297 3,180 (4,766)
Total comprehensive income $ 194,931 $ 50,388 $ 120,655