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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 18,943 $ 2,860
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,223 15,944
Amortization of deferred financing costs 499 418
Right-of-use asset amortization 368 360
Amortization of nonvested stock compensation expense 1,382 1,559
Loss on sale of vessels 978  
Amortization of premium on derivatives 45 59
Insurance proceeds for protection and indemnity claims 117 34
Change in assets and liabilities:    
(Increase) decrease in due from charterers (4,073) 8,641
Decrease (increase) in prepaid expenses and other current assets 651 (2,263)
Increase in inventories (3,889) (3,428)
Increase (decrease) in accounts payable and accrued expenses 5,831 (97)
(Decrease) increase in deferred revenue (3,067) 71
Decrease in operating lease liabilities (563) (480)
Deferred drydock costs incurred (2,194) (4,112)
Net cash provided by operating activities 32,251 19,566
Cash flows from investing activities:    
Purchase of vessels and ballast water treatment systems, including deposits (930) (2,003)
Purchase of other fixed assets (240) (1,085)
Net proceeds from sale of vessels 18,505  
Insurance proceeds for hull and machinery claims 159 235
Net cash provided by (used in) investing activities 17,494 (2,853)
Cash flows from financing activities:    
Cash dividends paid (17,885) (21,666)
Payment of deferred financing costs (38)  
Net cash used in financing activities (47,923) (30,416)
Net increase (decrease) in cash, cash equivalents and restricted cash 1,822 (13,703)
Cash, cash equivalents and restricted cash at beginning of period 46,857 64,100
Cash, cash equivalents and restricted cash at end of period 48,679 50,397
$500 Million Revolver    
Cash flows from financing activities:    
Repayments of secured debt $ (30,000)  
$450 Million Credit Facility    
Cash flows from financing activities:    
Repayments of secured debt   $ (8,750)