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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenues, net $ 82,606 $ 185,313 $ 289,210 $ 568,406
Voyage expenses 23,791 40,792 82,737 120,710
Vessel operating expenses 28,822 33,091 91,077 88,213
Charter hire expenses 6,868 19,772 31,014 63,768
Depreciation and amortization 15,472 15,407 45,035 45,241
General and administrative expenses 10,652 9,666 32,871 29,611
Impairment of operating lease right-of-use assets 0 0 722 0
Other operating expense 677 2,469 860 2,643
Gain on sale of vessels (4,855) (9,336) (19,731) (9,336)
Total operating expenses, net 81,427 111,861 264,585 340,850
Operating income 1,179 73,452 24,625 227,556
Interest expense 7,714 4,236 16,005 13,021
Interest income (1,488) (881) (5,139) (1,100)
Realized and unrealized loss/(gain) on derivative instruments, net 104 (11,293) (2,318) (13,281)
Loss on debt extinguishment 0 4,173 0 4,173
Total other expense/(income), net 6,330 (3,765) 8,548 2,813
Net (loss)/income $ (5,151) $ 77,217 $ 16,077 $ 224,743
Weighted average shares outstanding:        
Basic (in shares) 9,313,051 12,993,450 11,686,433 12,985,329
Diluted (in shares) 9,313,051 16,201,852 15,057,652 16,219,264
Per share amounts:        
Basic net (loss)/income (in usd per share) $ (0.55) $ 5.94 $ 1.38 $ 17.31
Diluted net (loss)/ income (in usd per share) $ (0.55) $ 4.77 $ 1.36 $ 13.86