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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income (loss) $ 76,496 $ (12,356) $ 159,364
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 68,666 66,465 60,190
Amortization of deferred financing costs 2,006 1,779 1,694
Right-of-use asset amortization 1,438 1,450 1,417
Amortization of nonvested stock compensation expense 5,850 5,530 3,242
Impairment of vessel assets 6,595 41,719 0
Net gain on sale of vessels (16,468)    
Amortization of premium on derivatives 45 210 86
Insurance proceeds for protection and indemnity claims 286 269 829
Insurance proceeds for loss of hire claims 734 506  
Change in assets and liabilities:      
(Increase) decrease in due from charterers (3,561) 7,518 (5,217)
Increase in prepaid expenses and other current assets (2,504) (4,767) (317)
Decrease (increase) in inventories 4,515 (5,148) 2,962
Increase (decrease) in accounts payable and accrued expenses 9,612 (2,205) (2,134)
(Decrease) increase in deferred revenue (4,081) 3,788 (5,123)
Decrease in operating lease liabilities (2,222) (2,107) (1,858)
Deferred drydock costs incurred (20,558) (10,867) (25,812)
Net cash provided by operating activities 126,849 91,784 189,323
Cash flows from investing activities:      
Purchase of vessels and ballast water treatment systems, including deposits (53,678) (91,305) (52,473)
Purchase of other fixed assets (2,999) (2,707) (3,566)
Net proceeds from sale of vessels 103,379    
Insurance proceeds for hull and machinery claims 1,146 2,388 1,024
Net cash provided by (used in) investing activities 47,848 (91,624) (55,015)
Cash flows from financing activities:      
Cash dividends paid (67,511) (40,910) (115,728)
Payment of deferred financing costs (38) (5,493) (11)
Net cash used in financing activities (177,549) (17,403) (190,739)
Net decrease in cash, cash equivalents and restricted cash (2,852) (17,243) (56,431)
Cash, cash equivalents and restricted cash at beginning of period 46,857 64,100 120,531
Cash, cash equivalents and restricted cash at end of period 44,005 46,857 64,100
$500 Million Revolver      
Cash flows from financing activities:      
Proceeds from secured debt 20,000 209,750  
Repayments of secured debt $ (130,000) (9,750)  
$450 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from secured debt   65,000  
Repayments of secured debt   $ (236,000) $ (75,000)