| Schedule of Interest Expense and Finance Cost, Net |
Interest expense and finance cost, net for the three and six month periods ended June 30, 2026 and 2025 consisted of the following:
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Three Month Period Ended June 30, 2026 |
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Three Month Period Ended June 30, 2025 |
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Six Month
Period Ended June 30, 2026 |
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Six Month
Period Ended June 30, 2025 |
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Interest expense incurred on credit facilities and financial liabilities |
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$ |
21,372 |
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$ |
29,717 |
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|
$ |
42,450 |
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|
$ |
59,092 |
|
Interest expense incurred on finance lease liabilities |
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|
4,553 |
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|
5,355 |
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|
9,388 |
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|
10,770 |
|
Interest expense incurred on senior unsecured bonds |
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5,972 |
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— |
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|
11,849 |
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— |
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Interest expense capitalized related to deposits for vessel acquisitions |
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(4,984 |
) |
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(4,303 |
) |
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(10,147 |
) |
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(8,182 |
) |
Amortization and write-off of deferred finance costs and bond premium |
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1,965 |
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|
2,227 |
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|
3,771 |
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|
3,899 |
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Discount effect of long-term assets and other finance costs |
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|
443 |
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|
|
489 |
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|
2,609 |
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|
1,416 |
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Total interest expense and finance cost, net |
|
$ |
29,321 |
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$ |
33,485 |
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$ |
59,920 |
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$ |
66,995 |
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