XML 39 R20.htm IDEA: XBRL DOCUMENT v3.24.1.u1
VOYAGE REVENUES
3 Months Ended
Mar. 31, 2024
VOYAGE REVENUES  
VOYAGE REVENUES

11 – VOYAGE REVENUES

Total voyage revenues include revenue earned on fixed rate time charters, spot market voyage charters and spot market-related time charters, as well as the sale of bunkers consumed during short-term time charters. For the three months ended March 31, 2024 and 2023, the Company earned $117,435 and $94,391 of voyage revenues, respectively.

Total voyage revenues recognized in the Condensed Consolidated Statements of Operations includes the following:

For the Three Months Ended

March 31, 

    

2024

    

2023

Lease revenue

$

43,182

$

36,967

Spot market voyage revenue

74,253

57,424

Total voyage revenues

$

117,435

$

94,391