2022 Q1 Form 10-Q Financial Statement

#000159699322000011 Filed on February 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $79.62M $68.56M $63.09M
YoY Change -20.04% -22.51% 15.31%
Cost Of Revenue $6.561M $5.697M $3.469M
YoY Change 19.45% 10.83% -35.53%
Gross Profit $73.02M $62.90M $59.62M
YoY Change -22.39% -24.51% 20.86%
Gross Profit Margin 91.71% 91.75% 94.5%
Selling, General & Admin $6.969M $5.867M $9.352M
YoY Change -37.37% 5.72% 58.24%
% of Gross Profit 9.54% 9.33% 15.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.66M $16.86M $16.77M
YoY Change -8.75% -1.98% -2.51%
% of Gross Profit 21.45% 26.8% 28.13%
Operating Expenses $39.34M $40.35M $43.97M
YoY Change -17.71% -2.67% 0.11%
Operating Profit $37.48M $22.55M $19.12M
YoY Change -19.04% -46.15% 253.09%
Interest Expense -$2.253M -$5.197M -$5.718M
YoY Change -30.13% -17.76% 20.9%
% of Operating Profit -6.01% -23.05% -29.92%
Other Income/Expense, Net $159.9K -$5.970M -$5.014M
YoY Change -83.48% -1.33% 2.82%
Pretax Income $35.38M $16.58M $14.10M
YoY Change -19.64% -53.72% 2511.44%
Income Tax
% Of Pretax Income
Net Earnings $35.38M $16.58M $14.10M
YoY Change -19.64% -53.72% 2511.44%
Net Earnings / Revenue 44.44% 24.18% 22.35%
Basic Earnings Per Share $0.89 $0.42 $0.35
Diluted Earnings Per Share $0.88 $0.41 $0.35
COMMON SHARES
Basic Shares Outstanding 40.14M 39.89M 40.01M
Diluted Shares Outstanding 40.03M 40.11M

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $236.8M $115.8M $98.11M
YoY Change 198.45% -13.32% -32.39%
Cash & Equivalents $236.8M $115.8M $98.11M
Short-Term Investments
Other Short-Term Assets $10.23M $51.80M $16.25M
YoY Change -34.46% 696.94% 138.97%
Inventory $2.266M $2.361M $1.780M
Prepaid Expenses
Receivables $853.1K $0.00 $347.2K
Other Receivables $57.78M $47.49M $29.81M
Total Short-Term Assets $307.9M $217.5M $146.3M
YoY Change 100.79% -0.33% -30.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.255B $1.269B $1.319B
YoY Change -8.91% -8.96% -6.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $635.0K $94.58K $413.5K
YoY Change 666.61% -6.78% 66.77%
Total Long-Term Assets $1.299B $1.311B $1.365B
YoY Change -9.02% -9.4% -6.78%
TOTAL ASSETS
Total Short-Term Assets $307.9M $217.5M $146.3M
Total Long-Term Assets $1.299B $1.311B $1.365B
Total Assets $1.607B $1.528B $1.512B
YoY Change 1.63% -8.22% -9.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.541M $9.272M $9.432M
YoY Change -2.95% -17.76% -22.14%
Accrued Expenses $3.801M $3.906M $9.579M
YoY Change -56.63% -15.09% 76.61%
Deferred Revenue $814.0K $1.628M $613.3K
YoY Change -4.69% 2207.09% 121.8%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $72.08M $69.53M $66.47M
YoY Change 39.09% 34.18% -5.25%
Total Short-Term Liabilities $94.84M $94.85M $96.52M
YoY Change 15.54% 22.35% -1.28%
LONG-TERM LIABILITIES
Long-Term Debt $590.7M $506.7M $500.4M
YoY Change 9.46% -8.22% -11.33%
Other Long-Term Liabilities $1.686M $1.514M $1.567M
YoY Change 10.84% 15.84% 18.87%
Total Long-Term Liabilities $592.4M $509.2M $508.1M
YoY Change 7.18% -10.94% -13.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.84M $94.85M $96.52M
Total Long-Term Liabilities $592.4M $509.2M $508.1M
Total Liabilities $687.2M $604.1M $604.6M
YoY Change 8.26% -6.96% -11.67%
SHAREHOLDERS EQUITY
Retained Earnings $280.8M $285.5M $268.9M
YoY Change -2.99% 16.36% 28.34%
Common Stock $513.2K $512.8K $512.8K
YoY Change 0.49% -13.77% -13.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $920.2M $924.2M $906.9M
YoY Change
Total Liabilities & Shareholders Equity $1.607B $1.528B $1.512B
YoY Change 1.63% -8.22% -9.71%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income $35.38M $16.58M $14.10M
YoY Change -19.64% -53.72% 2511.44%
Depreciation, Depletion And Amortization $15.66M $16.86M $16.77M
YoY Change -8.75% -1.98% -2.51%
Cash From Operating Activities $29.92M $15.08M $35.62M
YoY Change -63.95% -51.19% 862.67%
INVESTING ACTIVITIES
Capital Expenditures -$960.0K -$9.513M -$2.916M
YoY Change 356.09% 375.64% -19.01%
Acquisitions
YoY Change
Other Investing Activities $47.18M -$140.8K $47.17M
YoY Change -1288.82% -53.08% 218.69%
Cash From Investing Activities $46.22M -$9.654M $44.25M
YoY Change -1205.97% 338.8% 298.65%
FINANCING ACTIVITIES
Cash Dividend Paid $39.90M $40.20M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 44.86M 7.014M -59.97M
YoY Change -135.11% -117.28% 289.4%
NET CHANGE
Cash From Operating Activities 29.92M 15.08M 35.62M
Cash From Investing Activities 46.22M -9.654M 44.25M
Cash From Financing Activities 44.86M 7.014M -59.97M
Net Change In Cash 121.0M 12.44M 19.90M
YoY Change -347.11% -204.55% -3417.07%
FREE CASH FLOW
Cash From Operating Activities $29.92M $15.08M $35.62M
Capital Expenditures -$960.0K -$9.513M -$2.916M
Free Cash Flow $30.88M $24.59M $38.53M
YoY Change -62.88% -25.25% 427.87%

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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
977052198
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12168005
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
1930902
CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1198214
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
989952891
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
537950
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
406721
CY2020Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1306388
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
989591174
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35825264
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
530068
CY2020Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10173647
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1015772859
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
946825330
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5869100
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
647124
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14793180
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
938548374
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14101803
CY2021Q3 us-gaap Dividends
Dividends
40437434
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
1290254
CY2021Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6553707
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
906949290
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16580885
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
678823
CY2021Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
17935
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
924191063
us-gaap Profit Loss
ProfitLoss
36551788
us-gaap Profit Loss
ProfitLoss
48531219
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50771237
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51346574
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
7148483
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6876606
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3232626
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4005265
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
4205465
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3952414
us-gaap Share Based Compensation
ShareBasedCompensation
2616201
us-gaap Share Based Compensation
ShareBasedCompensation
2867691
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
576267823
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
591472044
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11659822
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1357545
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3997015
us-gaap Payments Of Dividends
PaymentsOfDividends
40210344
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
3466210
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-205279
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
236303
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1342894
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
411380
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-202221
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-820414
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
960151
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1755118
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-10148374
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
9152171
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
408693
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
134090
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
11743
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1471650
lpg Increase Decrease In Operating Lease Liabilities Current And Long Term
IncreaseDecreaseInOperatingLeaseLiabilitiesCurrentAndLongTerm
-7158734
lpg Increase Decrease In Operating Lease Liabilities Current And Long Term
IncreaseDecreaseInOperatingLeaseLiabilitiesCurrentAndLongTerm
-6877479
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-352460
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-37288
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3998726
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-863951
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
242879
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-183387
lpg Increase Decrease In Payments For Drydocking Costs
IncreaseDecreaseInPaymentsForDrydockingCosts
3128235
lpg Increase Decrease In Payments For Drydocking Costs
IncreaseDecreaseInPaymentsForDrydockingCosts
4720105
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88771565
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
87595733
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22225882
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9301455
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2250681
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
488231
lpg Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
3742429
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
15000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
43283021
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
11566
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
22548887
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
5198748
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
83400000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
55378172
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
100526209
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
86463325
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
21346885
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-80040983
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-46741990
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-119817
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
237011
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31159652
lpg Drydocking Costs Disposal
DrydockingCostsDisposal
-74561
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
46289502
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84727199
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87389127
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115886851
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
133678629
lpg Number Of Vessels
NumberOfVessels
23
lpg Number Of Fuel Efficient Very Large Gas Carrier Vessels Eighty Four Thousand Capacity
NumberOfFuelEfficientVeryLargeGasCarrierVesselsEightyFourThousandCapacity
19
lpg Number Of Very Large Gas Carrier Vessels Eighty Two Thousand Capacity
NumberOfVeryLargeGasCarrierVesselsEightyTwoThousandCapacity
2
lpg Number Of Very Large Gas Carrier Time Chartered In Vessels
NumberOfVeryLargeGasCarrierTimeCharteredInVessels
2
CY2021Q4 lpg Number Of Vessels That Have Exhaust Gas Cleaning Scrubbers
NumberOfVesselsThatHaveExhaustGasCleaningScrubbers
13
CY2021Q4 lpg Number Of Chartered In Vessels That Have Exhaust Gas Cleaning Scrubbers
NumberOfCharteredInVesselsThatHaveExhaustGasCleaningScrubbers
1
CY2021Q1 lpg Drydocking Costs
DrydockingCosts
10158202
lpg Drydocking Costs Additions
DrydockingCostsAdditions
2876379
lpg Drydocking Costs Transfer To Vessel Held For Sale
DrydockingCostsTransferToVesselHeldForSale
-224291
lpg Drydocking Costs Amortization
DrydockingCostsAmortization
2198218
CY2021Q4 lpg Drydocking Costs
DrydockingCosts
10537511
CY2021Q1 lpg Vessels Net
VesselsNet
1377028255
lpg Vessels Transfers Out Net
VesselsTransfersOutNet
43193058
CY2021Q4 lpg Vessels Net
VesselsNet
1252405737
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
3500000
lpg Assets Held For Sale Textblock
AssetsHeldForSaleTextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;white-space:pre-wrap;">6. Vessel Held For Sale</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"/>In December 2021, we determined that the sale of our 2008-built VLGC <i style="font-style:italic;">Captain Nicholas ML</i> was probable within twelve months and reclassified the vessel to vessel held for sale. No gain or loss has been recorded as of December 31, 2021 and we have suspended the recognition of depreciation of the vessel. The carrying value of the vessel totaled $43.4 million, which we reclassified to current assets on our unaudited interim condensed consolidated balance sheets as of December 31, 2021. Additionally, as of December 31, 2021, <i style="font-style:italic;">Captain Nicholas ML</i> was encumbered under the CNML Japanese Financing, which we subsequently repaid on January 26, 2022. See Note 8 for further details on the CNML Japanese Financing. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p>
us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
0
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
43400000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
584961773
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
602087981
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8693950
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8693950
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10615937
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
576267823
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
591472044
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
69530028
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
51820283
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
506737795
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
539651761
CY2021Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1179297
CY2020Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
358678
CY2021Q4 lpg Operating Lease Liability Noncurrent Office Leases
OperatingLeaseLiabilityNoncurrentOfficeLeases
2347
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10615937
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1310639
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3232626
CY2021Q4 lpg Number Of Option Periods For Time Charter
NumberOfOptionPeriodsForTimeCharter
0
CY2021Q4 lpg Operating Lease Right Of Use Asset Time Charter
OperatingLeaseRightOfUseAssetTimeCharter
10200000
CY2021Q4 lpg Charter Hire Expenses
CharterHireExpenses
4917012
CY2020Q4 lpg Charter Hire Expenses
CharterHireExpenses
4392132
lpg Charter Hire Expenses
CharterHireExpenses
10829050
lpg Charter Hire Expenses
CharterHireExpenses
13626580
CY2021Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
148384
CY2020Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
139568
us-gaap Operating Lease Expense
OperatingLeaseExpense
464394
us-gaap Operating Lease Expense
OperatingLeaseExpense
401435
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0388
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12M27D
lpg Lease Balance Sheet Disclosure Table Textblock
LeaseBalanceSheetDisclosureTableTextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:18.4%;border-bottom:1.5pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Description</b></p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:46%;border-bottom:1.5pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Location on Balance Sheet</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:20.25%;border-bottom:1.5pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">December 31, 2021</b></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Assets:</p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="color:#ff0000;font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Office leases</p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Operating lease right-of-use assets</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 303,810</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Operating lease right-of-use assets</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 10,213,986</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Liabilities:</p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Current</b></p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Office Leases</p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Current portion of long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 291,241</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Current portion of long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 9,413,540</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Long-term</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Office Leases</p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 2,347</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 800,446</p></td></tr></table>
CY2021Q4 lpg Operating Lease Right Of Use Asset Office Lease
OperatingLeaseRightOfUseAssetOfficeLease
303810
CY2021Q4 lpg Operating Lease Right Of Use Asset Time Charter
OperatingLeaseRightOfUseAssetTimeCharter
10213986
CY2021Q4 lpg Operating Lease Liability Current Office Leases
OperatingLeaseLiabilityCurrentOfficeLeases
291241
CY2021Q4 lpg Operating Lease Liability Current Time Charter
OperatingLeaseLiabilityCurrentTimeCharter
9413540
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
235576
CY2021Q4 lpg Operating Lease Liability Noncurrent Time Charter
OperatingLeaseLiabilityNoncurrentTimeCharter
800446
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
10507574
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9923917
CY2021Q4 lpg Lessee Operating Lease Liability Payments Due In Two And Three Years
LesseeOperatingLeaseLiabilityPaymentsDueInTwoAndThreeYears
819233
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10743150
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
40400000
CY2021Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
40200000
CY2021Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
200000
CY2019Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
41400000
CY2020Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7000000.0
CY2021Q4 lpg Treasury Stock Value Acquired Cost Method To Date
TreasuryStockValueAcquiredCostMethodToDate
81000000.0
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2200000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y7D
CY2021Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-305
CY2021Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1179602
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68599782
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
88479024
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
194637378
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
216354625
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryCostCommitment
24000000.0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2020Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
358678
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1710348
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
395931
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
447255
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1263093
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
395931
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16580885
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35825264
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36551788
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
48531219
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39890674
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50255908
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40305902
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50511473
CY2021Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
134725
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
112484
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
154763
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
94512
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40025399
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50368392
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40460665
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50605985
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2021Q4 lpg Ballast Water Management Systems Purchases Contractual Obligation Due In Next Twelve Months
BallastWaterManagementSystemsPurchasesContractualObligationDueInNextTwelveMonths
405030
CY2021Q4 lpg Ballast Water Management Systems Purchases Contractual Obligation
BallastWaterManagementSystemsPurchasesContractualObligation
405030
CY2021 lpg Bareboat Charter Agreement Term Of Contract
BareboatCharterAgreementTermOfContract
P13Y
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery And Additional Features Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryAndAdditionalFeaturesCostCommitment
25000000.0
CY2021Q4 lpg Contractual Obligation Due In Shipbuilding Contract And Bareboat Charter Agreement
ContractualObligationDueInShipbuildingContractAndBareboatCharterAgreement
9000000.0
CY2021Q4 lpg Number Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
NumberOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
3
lpg Period Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
PeriodOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
P7Y
CY2022Q1 lpg Period Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
PeriodOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
P1Y
CY2021Q4 lpg Time Charter In Purchases Contractual Obligation Due In Next Twelve Months
TimeCharterInPurchasesContractualObligationDueInNextTwelveMonths
18119893
CY2021Q4 lpg Time Charter In Purchases Contractual Obligation Due In Second And Third Year
TimeCharterInPurchasesContractualObligationDueInSecondAndThirdYear
61293000
CY2021Q4 lpg Time Charter In Purchases Contractual Obligation Due In Fourth And Fifth Year
TimeCharterInPurchasesContractualObligationDueInFourthAndFifthYear
64080000
CY2021Q4 lpg Time Charter In Purchases Contractual Obligation Due After Fifth Year
TimeCharterInPurchasesContractualObligationDueAfterFifthYear
99710000
CY2021Q4 lpg Time Charter In Purchases Contractual Obligation
TimeCharterInPurchasesContractualObligation
243202893
CY2021Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
19608078
CY2021Q4 us-gaap Contractual Obligation Due In Second And Third Year
ContractualObligationDueInSecondAndThirdYear
2150000
CY2021Q4 us-gaap Contractual Obligation
ContractualObligation
21758078
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
4000000.0

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