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Capital Stock and Changes in Capital Accounts (Tables)
12 Months Ended
Dec. 31, 2024
Capital Stock and Changes in Capital Accounts [Abstract]  
Summary of Series C Preferred Stock Awards
Summary of Series C Preferred Stock awards

Issuance date
 
Series C shares
awarded/issued
 
Fair value
of award
 
Vesting
period
 
Valuation method used
 
Discount
factor applied
 
Risk free
rate applied
 
Beta
applied
   
Equity market
average return
applied
15 April 2022
 
1,982
 
$1,590
 
2 years
 
Dividends’ Present value (1)
plus liquidation proceeds
 
12.7%
 
1.0%
  1.3    
10.0%
7 March 2023
 
3,332
 
$2,679
 
2 years
 
Dividends’ Present value (1)
plus liquidation proceeds
 
12.5%
 
3.4%
 
1.3
   
10.4%
21 February 2024
 
3,332
 
$2,800
 
2 years
 
Dividends’ Present value (2)
plus liquidation proceeds
 
9.3%
 
4.25%
 
0.8
   
10.5%

(1)
Assuming the shares are held until the end of the vessels’ useful life
(2)
Assuming the shares are held in perpetuity
Movement of Series C Preferred Stock Awards
Movement of Series C Preferred Stock awards

   
Number of
shares of Series C
Preferred Stock
   
Weighted average
grant-date
fair value
 
Unvested as of December 31, 2023
   
4,323
    $
793  
Granted
   
3,332
      840  
Vested
   
(2,657)
      786  
Unvested as of December 31, 2024
   
4,998
    $
828