v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 1,008,268 $ 1,037,292
Accounts receivable, net 32,346 38,730
Inventories 22,572 23,417
Prepaid expenses 4,615 2,093
Due from related parties $ 59,031 $ 46,750
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Investments $ 223,176 $ 120,244
Other current assets 40,184 50,893
Total current assets 1,390,192 1,319,419
NON-CURRENT ASSETS    
Fixed assets at cost, net of accumulated depreciation of $1,704,983 (2025: $1,622,344) 3,214,185 3,269,703
Advances for vessels under construction and vessel acquisition 729,187 428,147
Deferred charges, net 54,469 54,356
Investments 12,388
Other non-current assets 47,213 42,305
Total non-current assets 4,057,442 3,794,511
Total assets 5,447,634 5,113,930
CURRENT LIABILITIES    
Accounts payable 25,134 17,274
Accrued liabilities 33,958 28,772
Current portion of long-term debt, net 26,629 283,015
Unearned revenue 30,351 36,625
Other current liabilities 33,414 35,990
Total current liabilities 149,486 401,676
LONG-TERM LIABILITIES    
Long-term debt, net 1,184,091 872,076
Unearned revenue, net of current portion 2,618
Other long-term liabilities 57,248 41,983
Total long-term liabilities 1,241,339 916,677
Total liabilities 1,390,825 1,318,353
Commitments and Contingencies
STOCKHOLDERS' EQUITY    
Preferred stock (par value $0.01, 100,000,000 preferred shares authorized and not issued as of June 30, 2026 and December 31, 2025)
Common stock par value $0.01, 750,000,000 common shares authorized as of June 30, 2026 and December 31, 2025. 25,790,282 and 25,790,190 shares issued; and 18,203,567 and 18,264,294 shares outstanding as of June 30, 2026 and December 31, 2025, respectively 182 183
Additional paid-in capital 590,457 591,584
Accumulated other comprehensive loss (68,522) (71,412)
Retained earnings 3,534,692 3,275,222
Total stockholders' equity 4,056,809 3,795,577
Total liabilities and stockholders' equity $ 5,447,634 $ 5,113,930