v3.25.2
Vessels and Equipment - Long-term debt (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Vessels and Equipment              
Book value of assets pledged as security $ 1,513,000       $ 1,513,000   $ 1,462,000
Vessels & equipment - Activity              
Vessels and equipment, beginning balance   $ 2,421,556   $ 2,398,434 2,421,556 $ 2,398,434 2,398,434
Additions         125,567   126,106
Drydock costs         7,592   553
Disposals         (110,652)   (103,537)
Vessels and equipment, ending balance 2,444,063       2,444,063   2,421,556
Accumulated depreciation - Activity              
Accumulated depreciation, beginning balance   (894,210)   (826,366) (894,210) (826,366) (826,366)
Accumulated depreciation, disposals         50,349   43,973
Accumulated depreciation for the year (29,372)   $ (27,748)   (58,135) (55,490) (111,817)
Accumulated depreciation, ending balance (901,996)       (901,996)   (894,210)
Accumulated impairment - Activity              
Accumulated write down, beginning balance   (65,154)   (79,070) (65,154) (79,070) (79,070)
Accumulated impairment, disposals         35,734   30,300
Depreciation and impairment for the period 0 0 $ (16,384) 0   (16,384) (16,384)
Accumulated write down, ending balance (29,420)       (29,420)   (65,154)
Net Vessels - Activity              
Net Vessels, beginning balance   $ 1,462,192   $ 1,492,998 1,462,192 $ 1,492,998 1,492,998
Additions         125,567   126,106
Drydock costs         7,592   553
Disposals         (24,569)   (29,264)
Depreciation and impairment for the period         (58,135)   (128,201)
Net Vessels, ending balance $ 1,512,647       $ 1,512,647   $ 1,462,192