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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current    
Cash and cash equivalents (notes 11 and 20) $ 685,331 $ 480,080
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Current 10,000 172,604
Marketable Securities, Current 22,442 0
Restricted cash – current (notes 11 and 20) 3,673 691
Accounts receivable 83,317 117,794
Accrued revenue 57,605 70,026
Bunker and lube oil inventory 45,990 53,219
Asset, Held-for-Sale, Not Part of Disposal Group 0 11,910
Prepaid expenses 12,828 15,624
Other Assets, Current 5,873 0
Total current assets 927,059 921,948
Vessels and equipment (note 8)    
At cost, less accumulated depreciation of $570.9 million (2023 – $440.9 million) 1,132,109 929,237
Vessels related to finance leases, at cost, less accumulated amortization of $0 (2023 – $92.4 million) (note 9) 0 228,973
Operating lease right-of-use assets (note 9) 52,162 76,314
Total vessels and equipment 1,184,271 1,234,524
Investment in and loan to equity-accounted investment (note 5) 15,998 15,731
Goodwill, intangibles and other non-current assets 25,787 24,435
Total assets 2,153,115 2,196,638
Current    
Accounts payable 25,706 33,954
Accrued liabilities and other (note 7) 82,000 82,468
Finance Lease, Liability, Current 0 20,517
Current portion of operating lease liabilities (note 9) 24,875 35,882
Total current liabilities 132,581 172,821
Finance Lease, Liability, Noncurrent 0 119,082
Long-term operating lease liabilities (note 9) 28,716 40,432
Other long-term liabilities (note 7) 56,651 63,957
Total liabilities 217,948 396,292
Equity    
Common stock and additional paid-in capital ($0.001 par value; 725,000,000 shares authorized; 84,059,952 shares outstanding and 85,163,078 shares issued (2023 – 91,006,182 shares outstanding and 92,379,826 shares issued)) (note 12) 876,635 945,471
Accumulated deficit (166,872) (213,193)
Non-controlling interest 1,225,404 1,068,068
Total equity 1,935,167 1,800,346
Total liabilities and equity 2,153,115 2,196,638
Supplemental Balance Sheet Elements [Abstract]    
Accumulated depreciation 570,900 440,900
Sale Leaseback Transaction, Accumulated Depreciation $ 0 $ 92,400
Common stock, share authorized (in shares) 725,000,000 725,000,000
Common Stock, Shares, Outstanding 84,059,952 91,006,182
Common stock, share issued (in shares) 85,163,078 92,379,826
Common stock, par value (in dollars per share) $ 0.001 $ 0.001