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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenues, net $ 393,799 $ 719,847 $ 594,538
Voyage expenses 106,686 163,385 104,643
Vessel operating expenses 120,461 123,932 103,877
Charter hire expenses 36,534 81,103 37,102
Depreciation and amortization 60,521 61,155 53,517
General and administrative expenses 43,586 41,184 35,161
Impairment of operating lease right-of-use assets 722 2,212 0
Other operating expense 7,346 3,802 2,812
Gain on sale of vessels (19,731) (9,308) (3,966)
Total operating expenses 356,125 467,465 333,146
Operating income 37,674 252,382 261,392
Interest expense 23,602 16,981 32,257
Interest income (6,704) (2,918) (92)
Realized and unrealized (gain)/loss on derivative instruments, net (1,952) (13,859) 38,244
Loss on debt extinguishment 0 4,169 6,085
Total other expense, net 14,946 4,373 76,494
Net income $ 22,728 $ 248,009 $ 184,898
Weighted average shares outstanding:      
Basic (in shares) 11,090,064 12,989,951 12,399,509
Diluted (in shares) 14,473,631 16,313,447 15,684,392
Per share amounts:      
Basic net income (in dollars per share) $ 2.05 $ 19.09 $ 14.91
Diluted net income (in dollars per share) $ 1.96 $ 15.57 $ 11.79