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Unaudited Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from Operating Activities:    
Net income $ 24,030 $ 34,999
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 15,816 15,739
Amortization of deferred financing fees 862 1,047
Deferred revenue and accrued charter revenue amortization (7,297) (159)
Amortization and write off of deferred charges 107 107
Dry-docking and special survey costs 390 5,385
Gain on derivative financial instruments 5,023 21,231
Loss on Debt extinguishment 154  
Changes in operating assets and liabilities:    
Trade accounts receivable (8,507) (563)
Prepayments and other assets (5,037) (555)
Inventories (1,009) (1,752)
Due from/to related parties (1,014) (1,336)
Deferred expenses (66)  
Trade accounts payable 973 548
Accrued liabilities (828) 803
Unearned revenue 8,883  
Net cash provided by Operating Activities 22,434 33,032
Cash flows used in Investing Activities:    
Ballast water treatment system installation (86) (585)
Net cash used in Investing Activities (86) (585)
Cash flows from Financing Activities:    
Distributions declared and paid (5,781) (5,781)
Repayment of long-term debt (55,270) (24,000)
Receipt/ (Payment) of derivative instruments 11,733 552
Net cash used in Financing Activities (49,318) (29,229)
Net increase/ (decrease) in cash and cash equivalents and restricted cash (26,970) 3,218
Cash and cash equivalents and restricted cash at beginning of the period 79,868 97,015
Cash and cash equivalents and restricted cash at end of the period 52,898 100,233
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 52,898 50,233
Restricted cash   50,000
Cash and cash equivalents and restricted cash $ 52,898 $ 100,233