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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net Income (Loss) $ (30,940) $ (53,718)
Reconciliation of Net Income to Net Cash Provided by Operating Activities    
Depreciation Expense 25,389 34,479
Impairment and Gain (Loss) on Vessels Disposals 1,146 0
Dry-dock Expenditures (2,278) 0
Amortization of Deferred Finance Costs 2,149 1,337
Share-based Compensation 57 135
Other, net 23 264
Changes in Operating Assets and Liabilities:    
Accounts Receivables (2,013) (6,512)
Inventory (13,181) 133
Prepaid Expenses and Other Current Assets (4,808) 800
Accounts Payable and Accrued Liabilities 13,088 2,530
Voyages in Progress (2,593) (373)
Net Cash Used In Operating Activities (13,961) (20,925)
Cash Flows from Investing Activities    
Investment in Vessels (134) (753)
Investment in Other Fixed Assets 0 (607)
Investment in Vessels under Construction (89,694) (865)
Proceeds from Sale of Vessels 44,335 0
Net Cash Used In Investing Activities (45,493) (2,225)
Cash Flows from Financing Activities    
Proceeds from Issuance of Common Stock 34,841 23,218
Repayments on Borrowing Facility (50,985) (8,403)
Proceeds from Vessel Financing 88,000 0
Repayments on Vessel Financing (4,459) (3,898)
Financing Transactions Costs 0 (1,100)
Dividends Distributed (1,945) (6,180)
Net Cash Provided by Financing Activities 65,452 3,637
Net Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash 5,998 (19,513)
Cash, Cash Equivalents and Restricted Cash at the Beginning of Period 44,648 62,070
Effect of Exchange Rate Changes on Cash and Cash Equivalents 38 12
Cash, Cash Equivalents, and Restricted Cash at the End of Period 50,684 42,569
Supplemental Disclosure of Cash Flow information    
Cash and Cash Equivalents 35,573 34,302
Restricted cash 15,111 8,267
Total Cash, Cash equivalents and Restricted Cash Shown in the Statement of Cash Flows 50,684 42,569
Cash Paid for Interest, Net of Amounts Capitalized $ (9,565) $ (11,985)