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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues, net $ 198,695 $ 129,851 $ 383,093 $ 226,423
Voyage expenses 36,290 24,523 79,917 51,138
Vessel operating expenses 27,207 23,679 55,122 45,198
Charter hire expenses 21,285 6,170 43,996 14,650
Depreciation and amortization 15,254 13,111 29,834 25,617
General and administrative expenses 9,891 7,913 19,945 15,611
Other operating expense 41 559 174 1,520
Total operating expenses 109,968 75,955 228,988 153,734
Operating income 88,727 53,896 154,105 72,689
Interest expense 4,338 8,799 8,785 17,050
Interest income (174) (15) (219) (32)
Realized and unrealized (gain)/loss on derivative instruments, net (9,890) 35,887 (1,988) 36,597
Total other expense, net (5,726) 44,671 6,578 53,615
Net income $ 94,453 $ 9,225 $ 147,527 $ 19,074
Weighted average shares outstanding        
Basic (in shares) 12,988,200 12,168,180 12,981,202 11,950,048
Diluted (in shares) 16,376,517 12,397,156 16,373,458 12,081,772
Per share amounts        
Basic net income (in usd per share) $ 7.27 $ 0.76 $ 11.36 $ 1.60
Diluted net income (in usd per share) $ 5.77 $ 0.74 $ 9.01 $ 1.58