v3.26.1
BUSINESS AND SEGMENT REPORTING (Reconciliation of Income from Vessel Operations to Income Before income Taxes) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting Information [Line Items]        
Total adjusted income/(loss) from vessel operations of all segments $ 315,681 $ 70,425 $ 523,624 $ 132,889
Other operating revenues 2,443 0 4,343 4,343
General and administrative expenses (16,604) (12,165) (25,915) (25,382)
(Loss)/gain on disposal of vessels and other assets, net (43) 11,229 88,128 21,250
Income from vessel operations 301,348 69,367 589,913 128,540
Holding gain on previously held equity interest     3,919 0
Other income 4,137 2,040 6,755 3,884
Interest expense (10,561) (9,761) (19,520) (21,213)
Income before income taxes 294,924 61,646 581,067 111,211
Vessel Operations [Member]        
Segment Reporting Information [Line Items]        
Total adjusted income/(loss) from vessel operations of all segments 315,681 70,425 523,624 132,889
Other operating revenues 2,443 0 4,343 0
General and administrative expenses (16,604) (12,165) (25,915) (25,382)
Other operating expenses (129) (122) (267) (217)
(Loss)/gain on disposal of vessels and other assets, net (43) 11,229 88,128 21,250
Income from vessel operations 301,348 69,367 589,913 128,540
Holding gain on previously held equity interest 0 0 3,919 0
Other income 4,137 2,040 6,755 3,884
Interest expense (10,561) (9,761) (19,520) (21,213)
Income before income taxes $ 294,924 $ 61,646 $ 581,067 $ 111,211