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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 64,010 $ (17,463)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 50,939 49,762
Amortization of deferred financing costs 1,501 1,323
Right-of-use asset amortization 1,112 1,084
Amortization of nonvested stock compensation expense 4,341 4,175
Impairment of vessel assets 6,595 28,102
Net gain on sale of vessels (16,693)  
Amortization of premium on derivatives 45 143
Insurance proceeds for protection and indemnity claims 271 252
Insurance proceeds for loss of hire claims 327 506
Change in assets and liabilities:    
(Increase) decrease in due from charterers (2,619) 5,811
Increase in prepaid expenses and other current assets (2,301) (4,882)
Decrease (increase) in inventories 1,831 (5,966)
Increase in accounts payable and accrued expenses 7,829 24
(Decrease) increase in deferred revenue (2,860) 1,576
Decrease in operating lease liabilities (1,710) (1,551)
Deferred drydock costs incurred (15,763) (10,730)
Net cash provided by operating activities 96,855 52,166
Cash flows from investing activities:    
Purchase of vessels and ballast water treatment systems, including deposits (3,967) (3,485)
Purchase of other fixed assets (2,268) (2,169)
Net proceeds from sale of vessels 79,105  
Insurance proceeds for hull and machinery claims 846 2,361
Net cash provided by (used in) investing activities 73,716 (3,293)
Cash flows from financing activities:    
Cash dividends paid (50,410) (34,506)
Payment of deferred financing costs (38)  
Net cash used in financing activities (170,448) (60,756)
Net increase (decrease) in cash, cash equivalents and restricted cash 123 (11,883)
Cash, cash equivalents and restricted cash at beginning of period 46,857 64,100
Cash, cash equivalents and restricted cash at end of period 46,980 52,217
$500 Million Revolver    
Cash flows from financing activities:    
Repayments of secured debt $ (120,000)  
$450 Million Credit Facility    
Cash flows from financing activities:    
Repayments of secured debt   $ (26,250)