XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Interim Consolidated Statements of Comprehensive Income / (Loss) (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenues, net $ 21,121 $ 22,968
Expenses:    
Voyage related costs and commissions (3,273) (7,802)
Vessel operating expenses (5,790) (6,324)
General and administrative expenses (2,002) (1,312)
Management fees, related parties (330) (394)
Management fees, other (397) (516)
Amortization of special survey costs (176) (175)
Depreciation (2,634) (3,024)
Bad debt provisions (50)
Allowance for credit gains/(losses) 75 (4)
Gain/(Loss) from the sale of vessels, net 8,017 (466)
Operating income 14,611 2,901
Other expenses, net:    
Loss from debt extinguishment (287) (34)
Gain/(loss) from financial derivative instruments (59) 320
Interest and finance costs, net (2,395) (1,829)
Total other expenses, net (2,741) (1,543)
Net income 11,870 1,358
Dividend Series A Convertible Preferred Stock (418) (449)
Net income attributable to common shareholders $ 11,452 $ 909
Income per common share, basic $ 1.06 $ 0.09
Income per common share, diluted $ 0.94 $ 0.09
Weighted average number of common shares, basic 10,754,405 10,613,424
Weighted average number of common shares, diluted 12,577,390 10,613,424