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OTHER INCOME, NET
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
OTHER INCOME, NET

NOTE 16 — OTHER INCOME, NET

 

Other income, net consists of:

 

   Years Ended December 31, 
   2023   2022   2021 
Investment income:               
Interest  $3,959   $840   $5 
Change in investment value   611    60    (241)
   4,570    900    (236)
Pension and post retirement items (1)   1,290    2,582    2,157 
Gain on prepayment of deferred payment obligations   912         
Miscellaneous-net   (106)   (155)   64 
  $6,666   $3,327   $1,985 

 

(1) The Company includes the service cost component for net periodic benefit cost/(income) in vessel expenses and general and administrative expenses and other components in other income, net on the consolidated statements of operations.