2022 Q1 Form 10-K Financial Statement

#000159699322000028 Filed on June 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q4
Revenue $79.62M $274.2M $68.56M
YoY Change -20.04% -13.2% -22.51%
Cost Of Revenue $6.561M $20.59M $5.697M
YoY Change 19.45% -4.43% 10.83%
Gross Profit $73.02M $253.6M $62.90M
YoY Change -22.39% -13.85% -24.51%
Gross Profit Margin 91.71% 92.49% 91.75%
Selling, General & Admin $6.969M $30.23M $5.867M
YoY Change -37.37% -10.81% 5.72%
% of Gross Profit 9.54% 11.92% 9.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.66M $66.43M $16.86M
YoY Change -8.75% -2.97% -1.98%
% of Gross Profit 21.45% 26.19% 26.8%
Operating Expenses $39.34M $168.5M $40.35M
YoY Change -17.71% -5.5% -2.67%
Operating Profit $37.48M $92.40M $22.55M
YoY Change -19.04% -20.41% -46.15%
Interest Expense -$2.253M -$19.10M -$5.197M
YoY Change -30.13% -22.16% -17.76%
% of Operating Profit -6.01% -20.67% -23.05%
Other Income/Expense, Net $159.9K -$20.46M -$5.970M
YoY Change -83.48% -13.05% -1.33%
Pretax Income $35.38M $71.94M $16.58M
YoY Change -19.64% -22.29% -53.72%
Income Tax
% Of Pretax Income
Net Earnings $35.38M $71.94M $16.58M
YoY Change -19.64% -22.29% -53.72%
Net Earnings / Revenue 44.44% 26.23% 24.18%
Basic Earnings Per Share $0.89 $1.79 $0.42
Diluted Earnings Per Share $0.88 $1.78 $0.41
COMMON SHARES
Basic Shares Outstanding 40.14M 40.20M 39.89M
Diluted Shares Outstanding 40.37M 40.03M

Balance Sheet

Concept 2022 Q1 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $236.8M $236.8M $115.8M
YoY Change 198.45% 198.45% -13.32%
Cash & Equivalents $236.8M $236.8M $115.8M
Short-Term Investments
Other Short-Term Assets $10.23M $10.23M $51.80M
YoY Change -34.46% -34.46% 696.94%
Inventory $2.266M $2.266M $2.361M
Prepaid Expenses
Receivables $853.1K $853.1K $0.00
Other Receivables $57.78M $57.78M $47.49M
Total Short-Term Assets $307.9M $307.9M $217.5M
YoY Change 100.79% 100.79% -0.33%
LONG-TERM ASSETS
Property, Plant & Equipment $1.255B $1.263B $1.269B
YoY Change -8.91% -9.48% -8.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $635.0K $17.06M $94.58K
YoY Change 666.61% 65.32% -6.78%
Total Long-Term Assets $1.299B $1.299B $1.311B
YoY Change -9.02% -9.02% -9.4%
TOTAL ASSETS
Total Short-Term Assets $307.9M $307.9M $217.5M
Total Long-Term Assets $1.299B $1.299B $1.311B
Total Assets $1.607B $1.607B $1.528B
YoY Change 1.63% 1.63% -8.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.541M $9.541M $9.272M
YoY Change -2.95% -2.95% -17.76%
Accrued Expenses $3.801M $11.87M $3.906M
YoY Change -56.63% -35.31% -15.09%
Deferred Revenue $814.0K $1.628M
YoY Change -4.69% 2207.09%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $72.08M $72.08M $69.53M
YoY Change 39.09% 39.09% 34.18%
Total Short-Term Liabilities $94.84M $94.84M $94.85M
YoY Change 15.54% 15.54% 22.35%
LONG-TERM LIABILITIES
Long-Term Debt $590.7M $590.7M $506.7M
YoY Change 9.46% 9.46% -8.22%
Other Long-Term Liabilities $1.686M $1.686M $1.514M
YoY Change 10.84% -87.09% 15.84%
Total Long-Term Liabilities $592.4M $592.4M $509.2M
YoY Change 7.18% 7.18% -10.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.84M $94.84M $94.85M
Total Long-Term Liabilities $592.4M $592.4M $509.2M
Total Liabilities $687.2M $687.2M $604.1M
YoY Change 8.26% 8.26% -6.96%
SHAREHOLDERS EQUITY
Retained Earnings $280.8M $285.5M
YoY Change -2.99% 16.36%
Common Stock $513.2K $512.8K
YoY Change 0.49% -13.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $920.2M $920.2M $924.2M
YoY Change
Total Liabilities & Shareholders Equity $1.607B $1.607B $1.528B
YoY Change 1.63% 1.63% -8.22%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $35.38M $71.94M $16.58M
YoY Change -19.64% -22.29% -53.72%
Depreciation, Depletion And Amortization $15.66M $66.43M $16.86M
YoY Change -8.75% -2.97% -1.98%
Cash From Operating Activities $29.92M $118.7M $15.08M
YoY Change -63.95% -30.42% -51.19%
INVESTING ACTIVITIES
Capital Expenditures -$960.0K $23.19M -$9.513M
YoY Change 356.09% 144.24% 375.64%
Acquisitions
YoY Change
Other Investing Activities $47.18M $91.95M -$140.8K
YoY Change -1288.82% 773.11% -53.08%
Cash From Investing Activities $46.22M $68.77M -$9.654M
YoY Change -1205.97% 6634.59% 338.8%
FINANCING ACTIVITIES
Cash Dividend Paid $39.90M $80.08M
YoY Change
Common Stock Issuance & Retirement, Net $21.36M
YoY Change -83.08%
Debt Paid & Issued, Net $230.3M
YoY Change 131.66%
Cash From Financing Activities 44.86M -35.18M 7.014M
YoY Change -135.11% -79.84% -117.28%
NET CHANGE
Cash From Operating Activities 29.92M 118.7M 15.08M
Cash From Investing Activities 46.22M 68.77M -9.654M
Cash From Financing Activities 44.86M -35.18M 7.014M
Net Change In Cash 121.0M 152.1M 12.44M
YoY Change -347.11% -5814.27% -204.55%
FREE CASH FLOW
Cash From Operating Activities $29.92M $118.7M $15.08M
Capital Expenditures -$960.0K $23.19M -$9.513M
Free Cash Flow $30.88M $95.51M $24.59M
YoY Change -62.88% -40.72% -25.25%

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CY2021 us-gaap Stock Repurchased And Retired During Period Value
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CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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CY2021Q1 us-gaap Stockholders Equity
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Dividends
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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CY2022 us-gaap Treasury Stock Value Acquired Cost Method
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CY2022Q1 us-gaap Stockholders Equity
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CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2020 us-gaap Depreciation Depletion And Amortization
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CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2022 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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CY2020 us-gaap Amortization Of Financing Costs
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CY2022 us-gaap Unrealized Gain Loss On Derivatives
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CY2021 us-gaap Unrealized Gain Loss On Derivatives
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CY2020 us-gaap Unrealized Gain Loss On Derivatives
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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CY2020 us-gaap Share Based Compensation
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CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2021 us-gaap Other Noncash Income Expense
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CY2020 us-gaap Other Noncash Income Expense
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Due From Related Parties
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CY2021 us-gaap Increase Decrease In Due From Related Parties
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CY2020 us-gaap Increase Decrease In Due From Related Parties
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CY2022 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease In Inventories
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CY2020 us-gaap Increase Decrease In Inventories
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CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2022 lpg Increase Decrease In Operating Lease Liabilities Current And Long Term
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CY2021 lpg Increase Decrease In Operating Lease Liabilities Current And Long Term
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CY2020 lpg Increase Decrease In Operating Lease Liabilities Current And Long Term
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CY2022 us-gaap Increase Decrease In Accounts Payable
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CY2021 us-gaap Increase Decrease In Accounts Payable
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CY2020 us-gaap Increase Decrease In Accounts Payable
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CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2022 us-gaap Increase Decrease In Due To Related Parties
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CY2021 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
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CY2020 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
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CY2022 lpg Increase Decrease In Payments For Drydocking Costs
IncreaseDecreaseInPaymentsForDrydockingCosts
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CY2021 lpg Increase Decrease In Payments For Drydocking Costs
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CY2020 lpg Increase Decrease In Payments For Drydocking Costs
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2020 lpg Payments To Acquire Short Term Securities
PaymentsToAcquireShortTermSecurities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2022 lpg Proceeds From Sale Of Marketable Securities
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CY2021 lpg Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
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CY2020 lpg Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
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CY2021 lpg Proceeds From Maturity Of Marketable Securities
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CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Other Productive Assets
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2021 us-gaap Repayments Of Long Term Debt
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CY2020 us-gaap Repayments Of Long Term Debt
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CY2022 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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CY2021 us-gaap Operating Lease Payments
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CY2020 us-gaap Operating Lease Payments
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2022Q1 us-gaap Dividends Payable Current And Noncurrent
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CY2022 lpg Financing Costs Incurred But Not Yet Paid
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CY2021 lpg Financing Costs Incurred But Not Yet Paid
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CY2020 lpg Financing Costs Incurred But Not Yet Paid
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CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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CY2020Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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84727199
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022 lpg Number Of Vessels
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22
CY2022 lpg Number Of Fuel Efficient Very Large Gas Carrier Vessels Eighty Four Thousand Capacity
NumberOfFuelEfficientVeryLargeGasCarrierVesselsEightyFourThousandCapacity
19
CY2022 lpg Number Of Very Large Gas Carrier Vessels Eighty Two Thousand Capacity
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1
CY2022 lpg Number Of Very Large Gas Carrier Time Chartered In Vessels
NumberOfVeryLargeGasCarrierTimeCharteredInVessels
2
CY2022Q1 lpg Number Of Vessels That Have Exhaust Gas Cleaning Scrubbers
NumberOfVesselsThatHaveExhaustGasCleaningScrubbers
13
CY2022Q1 lpg Number Of Chartered In Vessels That Have Exhaust Gas Cleaning Scrubbers
NumberOfCharteredInVesselsThatHaveExhaustGasCleaningScrubbers
1
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;padding-left:36pt;text-align:justify;text-indent:-36pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">(b)   Use of estimates:</span>  The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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0
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0
CY2020Q1 us-gaap Number Of Foreign Currency Derivatives Held
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CY2021Q1 us-gaap Number Of Foreign Currency Derivatives Held
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CY2022Q1 us-gaap Number Of Foreign Currency Derivatives Held
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CY2021 us-gaap Provision For Doubtful Accounts
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0
CY2022 us-gaap Provision For Doubtful Accounts
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CY2022Q1 us-gaap Lease Practical Expedient Lessor Single Lease Component
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CY2022 us-gaap Number Of Reportable Segments
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CY2022Q1 us-gaap Inventory Net
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CY2021Q1 us-gaap Inventory Net
InventoryNet
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CY2022Q1 us-gaap Property Plant And Equipment Other
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100000
CY2021Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
100000
CY2021Q1 lpg Accumulated Depreciation Depletion And Amortization Other Fixed Assets
AccumulatedDepreciationDepletionAndAmortizationOtherFixedAssets
300000
CY2022Q1 lpg Accumulated Depreciation Depletion And Amortization Other Fixed Assets
AccumulatedDepreciationDepletionAndAmortizationOtherFixedAssets
300000
CY2020Q1 lpg Drydocking Costs
DrydockingCosts
7336726
CY2021 lpg Drydocking Costs Additions
DrydockingCostsAdditions
5178916
CY2021 lpg Drydocking Costs Amortization
DrydockingCostsAmortization
2357440
CY2021Q1 lpg Drydocking Costs
DrydockingCosts
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CY2022 lpg Drydocking Costs Additions
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CY2022 lpg Drydocking Costs Disposal
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-298852
CY2022 lpg Drydocking Costs Amortization
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2889560
CY2022Q1 lpg Drydocking Costs
DrydockingCosts
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CY2021Q1 us-gaap Loss Contingency Accrual Carrying Value Current
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4000000
CY2022Q1 lpg Accrued Voyage And Vessel Operating Expenses Current
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CY2021Q1 lpg Accrued Voyage And Vessel Operating Expenses Current
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CY2022Q1 us-gaap Accrued Employee Benefits Current
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CY2021Q1 us-gaap Accrued Employee Benefits Current
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CY2022Q1 us-gaap Accrued Professional Fees Current
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CY2021Q1 us-gaap Accrued Professional Fees Current
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CY2022Q1 us-gaap Accounts Payable Interest Bearing Current
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CY2021Q1 us-gaap Accounts Payable Interest Bearing Current
AccountsPayableInterestBearingCurrent
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CY2022Q1 us-gaap Other Accrued Liabilities Current
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CY2021Q1 us-gaap Other Accrued Liabilities Current
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CY2022Q1 us-gaap Accrued Liabilities Current
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CY2021Q1 us-gaap Accrued Liabilities Current
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CY2022Q1 us-gaap Debt Instrument Carrying Amount
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CY2021Q1 us-gaap Debt Instrument Carrying Amount
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CY2022Q1 us-gaap Deferred Finance Costs Net
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CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
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CY2022Q1 us-gaap Long Term Debt
LongTermDebt
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CY2021Q1 us-gaap Long Term Debt
LongTermDebt
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CY2022Q1 us-gaap Long Term Debt Current
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CY2021Q1 us-gaap Long Term Debt Current
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CY2022Q1 us-gaap Long Term Debt Noncurrent
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CY2021Q1 us-gaap Long Term Debt Noncurrent
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539651761
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
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CY2021Q1 us-gaap Long Term Debt
LongTermDebt
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CY2020Q1 us-gaap Deferred Finance Costs Net
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CY2021 us-gaap Payments Of Debt Issuance Costs
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CY2021 us-gaap Amortization Of Financing Costs
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CY2021Q1 us-gaap Deferred Finance Costs Net
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CY2022 us-gaap Payments Of Debt Issuance Costs
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CY2022 us-gaap Amortization Of Financing Costs
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CY2022Q1 us-gaap Deferred Finance Costs Net
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CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2022Q1 us-gaap Debt Instrument Carrying Amount
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CY2022Q1 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
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CY2022Q1 lpg Number Of Option Periods For Time Charter
NumberOfOptionPeriodsForTimeCharter
0
CY2021Q1 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
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CY2021Q1 lpg Number Of Option Periods For Time Charter
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CY2022Q1 lpg Operating Lease Right Of Use Asset Time Charter
OperatingLeaseRightOfUseAssetTimeCharter
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CY2022 us-gaap Operating Lease Lease Income
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CY2021 us-gaap Operating Lease Lease Income
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CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2022 lpg Charter Hire Expenses
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CY2021 lpg Charter Hire Expenses
CharterHireExpenses
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CY2020 lpg Charter Hire Expenses
CharterHireExpenses
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CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
541574
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0388
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10M
CY2022 lpg Lease Balance Sheet Disclosure Table Textblock
LeaseBalanceSheetDisclosureTableTextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;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;"><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;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;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%;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;">March 31, 2022</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;"><b style="font-weight:bold;">Assets:</b></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;"><b style="font-weight:bold;">Non-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;font-weight:bold;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;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;margin:0pt;"><span style="color:#ff0000;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;">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;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 194,343</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:11.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Operating lease right-of-use assets</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</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;"> 7,892,671</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;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;">Liabilities:</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;"><b style="font-weight:bold;">Current</b></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;">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;">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;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:17.31%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 2.4pt 0pt 0pt;"> 180,693</p></td></tr><tr><td style="vertical-align:bottom;width:18.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:11.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Current portion of long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.93%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</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;"> 7,892,671</p></td></tr></table>
CY2022Q1 lpg Operating Lease Right Of Use Asset Office Lease
OperatingLeaseRightOfUseAssetOfficeLease
194343
CY2022Q1 lpg Operating Lease Right Of Use Asset Time Charter
OperatingLeaseRightOfUseAssetTimeCharter
7892671
CY2022Q1 lpg Operating Lease Liability Current Office Leases
OperatingLeaseLiabilityCurrentOfficeLeases
180693
CY2022Q1 lpg Operating Lease Liability Current Time Charter
OperatingLeaseLiabilityCurrentTimeCharter
7892671
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8214964
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8214964
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
141600
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8073364
CY2013Q3 lpg Capital Stock Shares Authorized
CapitalStockSharesAuthorized
500000000
CY2013Q3 lpg Capital Stock Par Or Stated Value Per Share
CapitalStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2022 lpg Number Of Votes Entitled To Shareholders
NumberOfVotesEntitledToShareholders
1
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
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
40100000
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
39900000
CY2022Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
200000
CY2019Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0
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
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
81000000.0
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0
CY2022Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2850000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2015000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
274221448
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315938812
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
333429998
CY2022 lpg Bunker Expenses
BunkerExpenses
2159341
CY2021 lpg Bunker Expenses
BunkerExpenses
1537007
CY2020 lpg Bunker Expenses
BunkerExpenses
1345360
CY2022 lpg War Risk Insurances Expense
WarRiskInsurancesExpense
1510720
CY2021 lpg War Risk Insurances Expense
WarRiskInsurancesExpense
1272647
CY2020 lpg War Risk Insurances Expense
WarRiskInsurancesExpense
1095156
CY2022 lpg Brokers Commission Expense
BrokersCommissionExpense
265207
CY2021 lpg Brokers Commission Expense
BrokersCommissionExpense
334333
CY2020 lpg Brokers Commission Expense
BrokersCommissionExpense
469143
CY2022 lpg Security Cost Expenses
SecurityCostExpenses
322150
CY2021 lpg Security Cost Expenses
SecurityCostExpenses
221882
CY2020 lpg Security Cost Expenses
SecurityCostExpenses
272985
CY2022 lpg Port Charges And Other Related Expenses
PortChargesAndOtherRelatedExpenses
1556
CY2021 lpg Port Charges And Other Related Expenses
PortChargesAndOtherRelatedExpenses
1500
CY2020 lpg Port Charges And Other Related Expenses
PortChargesAndOtherRelatedExpenses
5898
CY2022 lpg Other Voyage Expenses
OtherVoyageExpenses
65738
CY2021 lpg Other Voyage Expenses
OtherVoyageExpenses
42281
CY2020 lpg Other Voyage Expenses
OtherVoyageExpenses
54381
CY2022 lpg Voyage Expenses
VoyageExpenses
4324712
CY2021 lpg Voyage Expenses
VoyageExpenses
3409650
CY2020 lpg Voyage Expenses
VoyageExpenses
3242923
CY2021 lpg Interest And Finance Expense
InterestAndFinanceExpense
27596124
CY2020 lpg Interest And Finance Expense
InterestAndFinanceExpense
36105541
CY2022 us-gaap Salaries And Wages
SalariesAndWages
44950878
CY2021 us-gaap Salaries And Wages
SalariesAndWages
44017660
CY2020 us-gaap Salaries And Wages
SalariesAndWages
42683848
CY2022 lpg Cost Of Spares And Stores
CostOfSparesAndStores
14486392
CY2021 lpg Cost Of Spares And Stores
CostOfSparesAndStores
17061388
CY2020 lpg Cost Of Spares And Stores
CostOfSparesAndStores
13249931
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
4528776
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
6096812
CY2020 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
4416259
CY2022 lpg Cost Of Insurance
CostOfInsurance
4056225
CY2021 lpg Cost Of Insurance
CostOfInsurance
3942622
CY2020 lpg Cost Of Insurance
CostOfInsurance
4173052
CY2022 lpg Cost Of Lubricants
CostOfLubricants
3351279
CY2021 lpg Cost Of Lubricants
CostOfLubricants
3241330
CY2020 lpg Cost Of Lubricants
CostOfLubricants
3607749
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2830668
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3860057
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3347530
CY2022 lpg Vessel Operating Expenses
VesselOperatingExpenses
74204218
CY2021 lpg Vessel Operating Expenses
VesselOperatingExpenses
78219869
CY2020 lpg Vessel Operating Expenses
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CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
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CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
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CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
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CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5889040
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4695360
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2893392
CY2022 lpg Other Finance Costs
OtherFinanceCosts
1350744
CY2021 lpg Other Finance Costs
OtherFinanceCosts
1235385
CY2020 lpg Other Finance Costs
OtherFinanceCosts
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CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
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CY2022 lpg Interest And Finance Expense
InterestAndFinanceExpense
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CY2022Q1 lpg Income Tax Rate On Domestic Source Shipping Income
IncomeTaxRateOnDomesticSourceShippingIncome
0.04
CY2022 lpg Percentage Of Shipping Income Attributable To Transport Of Cargo To Or From Foreign Country
PercentageOfShippingIncomeAttributableToTransportOfCargoToOrFromForeignCountry
0.50
CY2022Q1 lpg Income Tax Rate On Domestic Source Shipping Income
IncomeTaxRateOnDomesticSourceShippingIncome
0.04
CY2022Q1 lpg Ballast Water Management Systems Purchases Contractual Obligation Due In Next Twelve Months
BallastWaterManagementSystemsPurchasesContractualObligationDueInNextTwelveMonths
54490
CY2022Q1 lpg Ballast Water Management Systems Purchases Contractual Obligation
BallastWaterManagementSystemsPurchasesContractualObligation
54490
CY2021 lpg Bareboat Charter Agreement Term Of Contract
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P13Y
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryCostCommitment
24000000
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery And Additional Features Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryAndAdditionalFeaturesCostCommitment
25000000
CY2022Q1 lpg Contractual Obligation Due In Shipbuilding Contract And Bareboat Charter Agreement
ContractualObligationDueInShipbuildingContractAndBareboatCharterAgreement
9000000.0
CY2022Q1 lpg Number Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
NumberOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
3
CY2021Q4 lpg Period Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
PeriodOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
P7Y
CY2022 lpg Period Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
PeriodOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
P1Y
CY2022Q1 lpg Time Charter In Purchases Contractual Obligation Due In Next Twelve Months
TimeCharterInPurchasesContractualObligationDueInNextTwelveMonths
17130893
CY2022Q1 lpg Time Charter In Purchases Contractual Obligation Due In Second And Third Year
TimeCharterInPurchasesContractualObligationDueInSecondAndThirdYear
64080000
CY2022Q1 lpg Time Charter In Purchases Contractual Obligation Due In Fourth And Fifth Year
TimeCharterInPurchasesContractualObligationDueInFourthAndFifthYear
64080000
CY2022Q1 lpg Time Charter In Purchases Contractual Obligation Due After Fifth Year
TimeCharterInPurchasesContractualObligationDueAfterFifthYear
91700000
CY2022Q1 lpg Time Charter In Purchases Contractual Obligation
TimeCharterInPurchasesContractualObligation
236990893
CY2022Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
17295578
CY2022Q1 us-gaap Contractual Obligation
ContractualObligation
17295578
CY2022 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
4000000.0
CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1587090
CY2021 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
1317890
CY2020 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
1288304
CY2022 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
447255
CY2021 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
295
CY2020 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1281671
CY2022 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1139835
CY2021 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
1317595
CY2020 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
6633
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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100000
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
100000
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
100000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71935018
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
92564653
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
111841258
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40203937
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49729358
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53881483
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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161151
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
97440
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
233855
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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40365088
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49826798
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54115338
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.79
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.08
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.07
CY2021Q2 us-gaap Revenues
Revenues
62950738
CY2021Q3 us-gaap Revenues
Revenues
63086858
CY2021Q4 us-gaap Revenues
Revenues
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CY2022Q1 us-gaap Revenues
Revenues
79624070
CY2021Q2 us-gaap Operating Income Loss
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CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
19115310
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
22550972
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
37476803
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5869100
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14101803
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16580885
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35383230
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2020Q3 us-gaap Revenues
Revenues
54710277
CY2020Q4 us-gaap Revenues
Revenues
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CY2021Q1 us-gaap Revenues
Revenues
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CY2020Q2 us-gaap Operating Income Loss
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CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2020Q2 us-gaap Revenues
Revenues
73165324
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
41875535
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
46290595
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
537950
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35825264
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44033434
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93

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