v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Consolidated Statements of Income [Abstract]      
Vessel revenue, net $ 155,519 $ 164,881 $ 107,036
Fees from related parties $ 2,580 $ 2,578 $ 3,198
Revenue, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member] Related Party [Member]
Revenue, net $ 158,099 $ 167,459 $ 110,234
Expenses:      
Voyage expenses (5,524) (3,297) (2,851)
Vessel operating expenses (53,785) (46,985) (42,260)
Management fees (1,076) (760) (700)
General and administration expenses (20,460) (23,971) (22,149)
Amortization of deferred dry-docking costs (5,399) (4,202) (4,155)
Depreciation and amortization (30,757) (25,493) (24,676)
Gain on sale of vessels, net - related party 0 0 8,094
Gain on sale of vessel, net 2,308 0 0
Loss on forward freight agreements, net (64) (177) (188)
Operating income 43,342 62,574 21,349
Other income / (expenses), net:      
Interest and finance costs (21,721) (20,603) (20,694)
Loss on extinguishment of debt (1,663) (653) (540)
Interest and other income 1,322 2,096 2,443
Interest income - related party 48 0 0
Other income - foreign currency forward contracts 46 0 0
Foreign currency exchange (loss) / gain, net (132) 58 (276)
Total other expenses, net (22,100) (19,102) (19,067)
Net income $ 21,242 $ 43,472 $ 2,282
Net income per common share, basic (in dollars per share) $ 1.02 $ 2.12 $ 0.12
Net income per common share, diluted (in dollars per share) $ 1.01 $ 2.11 $ 0.12
Weighted average common shares outstanding, basic (in shares) 20,471,002 19,745,379 18,394,419
Weighted average common shares outstanding, diluted (in shares) 20,537,796 19,879,876 18,442,688