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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net (loss) income $ (11,962) $ 18,943
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 17,665 17,223
Amortization of deferred financing costs 493 499
Right-of-use asset amortization 334 368
Amortization of nonvested stock compensation expense 1,496 1,382
Net loss on sale of vessels   978
Amortization of premium on derivatives   45
Insurance proceeds for protection and indemnity claims 5 117
Insurance proceeds for loss of hire claims 6  
Change in assets and liabilities:    
Decrease (increase) in due from charterers 3,165 (4,073)
Decrease in prepaid expenses and other current assets 317 651
Increase in inventories (1,103) (3,889)
Increase in accounts payable and accrued expenses 3,736 5,831
Increase (decrease) in deferred revenue 680 (3,067)
Decrease in operating lease liabilities (519) (563)
Deferred drydock costs incurred (11,411) (2,194)
Net cash provided by operating activities 2,902 32,251
Cash flows from investing activities:    
Purchase of vessels and ballast water treatment systems, including deposits (2,845) (930)
Purchase of other fixed assets (652) (240)
Net proceeds from sale of vessels   18,505
Insurance proceeds for hull and machinery claims 581 159
Net cash (used in) provided by investing activities (2,916) 17,494
Cash flows from financing activities:    
Repayments of secured debt   (30,000)
Cash dividends paid (13,433) (17,885)
Payment of deferred financing costs   (38)
Net cash used in financing activities (13,433) (47,923)
Net (decrease) increase in cash, cash equivalents and restricted cash (13,447) 1,822
Cash, cash equivalents and restricted cash at beginning of period 44,005 46,857
Cash, cash equivalents and restricted cash at end of period $ 30,558 $ 48,679