2023 Q4 Form 20-F Financial Statement

#000162828024007809 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022
Revenue $82.29M $284.4M $349.7M
YoY Change -5.04% -18.68% 6.29%
Cost Of Revenue $25.18M $110.9M $48.05M
YoY Change 2.84% 130.72% 3.17%
Gross Profit $57.11M $173.5M $301.7M
YoY Change -8.14% -42.47% 6.8%
Gross Profit Margin 69.4% 61.02% 86.26%
Selling, General & Admin $6.227M $23.76M $63.93M
YoY Change 7.03% -62.83% 10.75%
% of Gross Profit 10.9% 13.69% 21.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.22M $54.13M $48.22M
YoY Change 9.04% 12.26% -7.92%
% of Gross Profit 24.89% 31.19% 15.98%
Operating Expenses $22.31M $79.76M $117.0M
YoY Change -0.5% -31.84% 14.03%
Operating Profit $34.80M $93.77M $184.6M
YoY Change -12.46% -49.22% 2.68%
Interest Expense -$9.415M -$26.04M $17.14M
YoY Change 108.67% -251.95% -205.33%
% of Operating Profit -27.06% -27.77% 9.28%
Other Income/Expense, Net -$194.0K -$756.0K -$1.353M
YoY Change -46.7% -44.12% 69.55%
Pretax Income $27.61M $77.35M $172.6M
YoY Change -20.82% -55.17% -1.03%
Income Tax
% Of Pretax Income
Net Earnings $25.61M $69.35M $172.6M
YoY Change -22.09% -59.81% -1.03%
Net Earnings / Revenue 31.12% 24.38% 49.34%
Basic Earnings Per Share $0.61 $1.36
Diluted Earnings Per Share $0.23 $0.61 $1.36
COMMON SHARES
Basic Shares Outstanding 113.6M shares 120.7M shares
Diluted Shares Outstanding 113.6M shares 120.7M shares

Balance Sheet

Concept 2023 Q4 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.94M $89.94M $113.4M
YoY Change -20.67% -20.67% 11.06%
Cash & Equivalents $48.19M $89.94M $49.19M
Short-Term Investments
Other Short-Term Assets $32.55M $32.55M $20.50M
YoY Change 58.75% 58.75% 287.09%
Inventory $16.65M $16.65M $17.32M
Prepaid Expenses
Receivables $8.786M $8.786M $6.475M
Other Receivables $14.00K $14.00K $22.00K
Total Short-Term Assets $146.7M $122.5M $157.7M
YoY Change -6.96% -22.33% 27.06%
LONG-TERM ASSETS
Property, Plant & Equipment $1.092B $1.181B $1.077B
YoY Change 9.03% 9.64% 13.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.669M $2.669M $1.156M
YoY Change 130.88% 130.88% -80.34%
Other Assets $13.00K $36.10M $9.661M
YoY Change -50.0% 273.7% -16.08%
Total Long-Term Assets $1.193B $1.217B $1.088B
YoY Change 9.64% 11.86% 12.16%
TOTAL ASSETS
Total Short-Term Assets $146.7M $122.5M $157.7M
Total Long-Term Assets $1.193B $1.217B $1.088B
Total Assets $1.340B $1.340B $1.246B
YoY Change 7.54% 7.54% 13.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.44M $10.44M $10.49M
YoY Change -0.43% -0.43% 5.03%
Accrued Expenses $8.383M $8.383M $10.77M
YoY Change -22.13% -22.13% 100.45%
Deferred Revenue $10.85M
YoY Change 14.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $27.16M $24.78M $43.56M
YoY Change -40.61% -43.11% -29.59%
Total Short-Term Liabilities $55.73M $55.73M $91.32M
YoY Change -38.97% -38.97% 2.96%
LONG-TERM LIABILITIES
Long-Term Debt $488.8M $482.4M $370.8M
YoY Change 29.7% 30.09% 17.42%
Other Long-Term Liabilities $5.933M $9.181M $11.88M
YoY Change 39.86% -22.71% 12.15%
Total Long-Term Liabilities $494.7M $491.6M $382.7M
YoY Change 29.81% 28.45% 17.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.73M $55.73M $91.32M
Total Long-Term Liabilities $494.7M $491.6M $382.7M
Total Liabilities $547.3M $547.3M $474.0M
YoY Change 15.46% 15.46% 14.2%
SHAREHOLDERS EQUITY
Retained Earnings $439.5M
YoY Change 11.88%
Common Stock $112.0K
YoY Change -5.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $792.5M $792.5M $771.9M
YoY Change
Total Liabilities & Shareholders Equity $1.340B $1.340B $1.246B
YoY Change 7.54% 7.54% 13.85%

Cashflow Statement

Concept 2023 Q4 2023 2022
OPERATING ACTIVITIES
Net Income $25.61M $69.35M $172.6M
YoY Change -22.09% -59.81% -1.03%
Depreciation, Depletion And Amortization $14.22M $54.13M $48.22M
YoY Change 9.04% 12.26% -7.92%
Cash From Operating Activities $39.01M $122.2M $218.0M
YoY Change -39.1% -43.95% 0.39%
INVESTING ACTIVITIES
Capital Expenditures $209.1M $183.3M
YoY Change 14.09% -267.79%
Acquisitions
YoY Change
Other Investing Activities -$66.23M $57.38M -$46.13M
YoY Change -70.65% -224.39% -139.16%
Cash From Investing Activities -$66.23M -$151.7M -$229.4M
YoY Change -70.65% -33.86% -2781.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.051M
YoY Change -83.19%
Debt Paid & Issued, Net $165.2M $191.3M
YoY Change -13.63% -56.0%
Cash From Financing Activities 53.04M $29.14M -$40.10M
YoY Change -53.64% -172.67% -82.25%
NET CHANGE
Cash From Operating Activities 39.01M $122.2M $218.0M
Cash From Investing Activities -66.23M -$151.7M -$229.4M
Cash From Financing Activities 53.04M $29.14M -$40.10M
Net Change In Cash 25.82M -$378.0K -$51.46M
YoY Change -154.76% -99.27% 35635.42%
FREE CASH FLOW
Cash From Operating Activities $39.01M $122.2M $218.0M
Capital Expenditures $209.1M $183.3M
Free Cash Flow -$86.90M $34.77M
YoY Change -349.92% -89.35%

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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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113716354 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Common Stock Dividends Per Share Declared
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CY2022 us-gaap Dividends Common Stock
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CY2022 us-gaap Dividends Preferred Stock Cash
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CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2023 us-gaap Dividends Common Stock
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CY2022 us-gaap Net Income Loss
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CY2023 us-gaap Net Income Loss
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CY2021 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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CY2022 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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49518000 usd
CY2023 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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CY2021 us-gaap Gain Loss On Disposition Of Assets
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11579000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
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CY2023 us-gaap Gain Loss On Disposition Of Assets
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CY2021 sb Unrealized Gain Loss On Inventory Valuation
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CY2022 sb Unrealized Gain Loss On Inventory Valuation
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CY2023 sb Unrealized Gain Loss On Inventory Valuation
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CY2021 us-gaap Amortization Of Financing Costs And Discounts
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2898000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
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CY2023 us-gaap Amortization Of Financing Costs And Discounts
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CY2021 us-gaap Unrealized Gain Loss On Derivatives
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CY2022 us-gaap Unrealized Gain Loss On Derivatives
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CY2023 us-gaap Unrealized Gain Loss On Derivatives
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204000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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5316000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2021 us-gaap Share Based Compensation
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120000 usd
CY2022 us-gaap Share Based Compensation
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
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CY2022 us-gaap Increase Decrease In Accounts Receivable Related Parties
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CY2023 us-gaap Increase Decrease In Accounts Receivable Related Parties
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CY2022 us-gaap Increase Decrease In Inventories
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13176000 usd
CY2023 us-gaap Increase Decrease In Inventories
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683000 usd
CY2021 us-gaap Increase Decrease In Other Receivables
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315000 usd
CY2022 us-gaap Increase Decrease In Other Receivables
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CY2023 us-gaap Increase Decrease In Other Receivables
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2280000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2022 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2023 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2022 us-gaap Increase Decrease In Accounts Payable Trade
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CY2023 us-gaap Increase Decrease In Accounts Payable Trade
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CY2021 us-gaap Increase Decrease In Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accrued Liabilities
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4669000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
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160000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2022 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2023 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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9244000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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217208000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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218046000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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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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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 sb Vessel Acquisitions Including Advances For Vessels Under Construction
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109230000 usd
CY2022 sb Vessel Acquisitions Including Advances For Vessels Under Construction
VesselAcquisitionsIncludingAdvancesForVesselsUnderConstruction
183276000 usd
CY2023 sb Vessel Acquisitions Including Advances For Vessels Under Construction
VesselAcquisitionsIncludingAdvancesForVesselsUnderConstruction
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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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107084000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
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16930000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
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30773000 usd
CY2021 sb Increase In Bank Time Deposits
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CY2022 sb Increase In Bank Time Deposits
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CY2023 sb Increase In Bank Time Deposits
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52870000 usd
CY2021 sb Maturity Of Bank Time Deposits
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13010000 usd
CY2022 sb Maturity Of Bank Time Deposits
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16759000 usd
CY2023 sb Maturity Of Bank Time Deposits
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79474000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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8554000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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178800000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
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259575000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
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255200000 usd
CY2021 us-gaap Repayments Of Long Term Debt
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434746000 usd
CY2022 us-gaap Repayments Of Long Term Debt
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191302000 usd
CY2023 us-gaap Repayments Of Long Term Debt
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165226000 usd
CY2021 us-gaap Payments Of Ordinary Dividends
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11198000 usd
CY2022 us-gaap Payments Of Ordinary Dividends
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33626000 usd
CY2023 us-gaap Payments Of Ordinary Dividends
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CY2022 us-gaap Payments Of Financing Costs
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CY2023 us-gaap Payments Of Financing Costs
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CY2021 us-gaap Finance Lease Principal Payments
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CY2022 us-gaap Finance Lease Principal Payments
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CY2023 us-gaap Finance Lease Principal Payments
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CY2021 us-gaap Repayments Of Other Debt
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CY2022 us-gaap Repayments Of Other Debt
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CY2023 us-gaap Repayments Of Other Debt
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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71537000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 sb Payments Of Common Stock Issuance Costs
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CY2022 sb Payments Of Common Stock Issuance Costs
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CY2023 sb Payments Of Common Stock Issuance Costs
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2022 us-gaap Payments For Repurchase Of Common Stock
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9051000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
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26222000 usd
CY2021 sb Payments For Redemption Of Preferred Stock
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17707000 usd
CY2022 sb Payments For Redemption Of Preferred Stock
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CY2023 sb Payments For Redemption Of Preferred Stock
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CY2021 sb Payment Of Preferred Stock Redemption Expense
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CY2022 sb Payment Of Preferred Stock Redemption Expense
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CY2023 sb Payment Of Preferred Stock Redemption Expense
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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353000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111254000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59086000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111254000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59086000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59061000 usd
CY2021 us-gaap Interest Paid Net
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13693000 usd
CY2022 us-gaap Interest Paid Net
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13670000 usd
CY2023 us-gaap Interest Paid Net
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22340000 usd
CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
1303000 usd
CY2022 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
180000 usd
CY2023 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
103000 usd
CY2021 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
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CY2022 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
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3704000 usd
CY2023 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
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842000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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32107000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
22757000 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 usd
CY2023 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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101004000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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49186000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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48191000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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2020000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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10250000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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8900000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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8850000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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111254000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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59086000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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59061000 usd
CY2023Q4 sb Number Of Additional Public Common Stock Offerings
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5 item
CY2023Q4 sb Number Of Additional Public Preferred Stock Offerings
NumberOfAdditionalPublicPreferredStockOfferings
3 item
CY2023Q4 sb Number Of Subsidiaries
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69 item
CY2023Q4 sb Number Of Drybulk Vessels
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46 item
CY2023Q4 sb Number Of Newbuild Vessels
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8 item
CY2018Q2 sb Cumulative Redeemable Perpetual Preferred Equity
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16875000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates may include recoverability of long -lived assets, the valuation of amounts due from charterers, residual value of vessels and the useful life of vessels. Actual results may differ from these estimates.</span></div>
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2023Q4 us-gaap Property Plant And Equipment Useful Life
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P25Y
CY2022Q1 sb Per Light Weight Ton Scrap Rate
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182000 usd
CY2022 sb Per Light Weight Ton Scrap Rate
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375000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
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0 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Net
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
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0 usd
CY2021 sb Number Of Voyage Realised Where A Vessel Was Employed Under The Voyage Charter
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3 voyage
CY2023 sb Number Of Voyage Realised Where A Vessel Was Employed Under The Voyage Charter
NumberOfVoyageRealisedWhereAVesselWasEmployedUnderTheVoyageCharter
0 voyage
CY2022 sb Number Of Voyage Realised Where A Vessel Was Employed Under The Voyage Charter
NumberOfVoyageRealisedWhereAVesselWasEmployedUnderTheVoyageCharter
0 voyage
CY2023 us-gaap Number Of Reportable Segments
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1 segment
CY2023 us-gaap Number Of Operating Segments
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1 segment
CY2018Q2 sb Management Agreement Term
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P3Y
CY2018Q2 sb Management Agreement Number Of Extensions
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2 extension
CY2018Q2 sb Management Agreement Extension Terms
ManagementAgreementExtensionTerms
P3Y
CY2018Q2 sb Management Agreement Extension Terms
ManagementAgreementExtensionTerms
P3Y
CY2022Q2 sb Management Agreement Number Of Extensions
ManagementAgreementNumberOfExtensions
1 extension
CY2022Q2 sb Management Agreement Extension Terms
ManagementAgreementExtensionTerms
P3Y
CY2018Q2 sb Management Agreement Ship Management Fee Per Day Per Vessel
ManagementAgreementShipManagementFeePerDayPerVessel
875 eur
CY2023 sb Management Agreement Annual Ship Management Fee
ManagementAgreementAnnualShipManagementFee
3500000 eur
sb Management Agreement Annual Ship Management Fee
ManagementAgreementAnnualShipManagementFee
3000000 eur
CY2018Q2 sb Supervision Agreement On Site Fee Per Newbuild Vessel
SupervisionAgreementOnSiteFeePerNewbuildVessel
550000 usd
CY2018Q2 sb Supervision Agreement On Site Fee Per Newbuild Vessel Percentage Payable Upon Signing
SupervisionAgreementOnSiteFeePerNewbuildVesselPercentagePayableUponSigning
0.50
CY2018Q2 sb Supervision Agreement On Site Fee Per Newbuild Vessel Percentage Payable Upon Successful Completion
SupervisionAgreementOnSiteFeePerNewbuildVesselPercentagePayableUponSuccessfulCompletion
0.50
CY2018Q2 sb Management Agreement Percentage Commission On Sale
ManagementAgreementPercentageCommissionOnSale
0.0100
CY2021 sb Supervision Fees Expense
SupervisionFeesExpense
550000 usd
CY2022 sb Supervision Fees Expense
SupervisionFeesExpense
1100000 usd
CY2023 sb Supervision Fees Expense
SupervisionFeesExpense
3575000 usd
CY2021 sb Commission Fees Expense
CommissionFeesExpense
1689000 usd
CY2022 sb Commission Fees Expense
CommissionFeesExpense
1870000 usd
CY2023 sb Commission Fees Expense
CommissionFeesExpense
2157000 usd
CY2023 sb Line Of Credit Facility Term Extension
LineOfCreditFacilityTermExtension
P6M
CY2023Q4 sb Number Of Independent Members Of Board Serving As Chief Executive Officer Of Financial Advisor
NumberOfIndependentMembersOfBoardServingAsChiefExecutiveOfficerOfFinancialAdvisor
1 director
CY2022 sb Lease Annual Rent Cost
LeaseAnnualRentCost
63000000 eur
CY2022 sb Lease Annual Rent Cost
LeaseAnnualRentCost
67000 usd
CY2023Q1 sb Lease Annual Rent Cost
LeaseAnnualRentCost
86400 eur
CY2023Q1 sb Lease Annual Rent Cost
LeaseAnnualRentCost
95000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1267622000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
403231000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
864391000 usd
CY2022 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
165353000 usd
CY2022 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
165353000 usd
CY2022 sb Property Plant And Equipment Transfer From Right Of Use Asset
PropertyPlantAndEquipmentTransferFromRightOfUseAsset
32160000 usd
CY2022 sb Accumulated Depreciation Depletion And Amortization Transfer From Right Of Use Asset
AccumulatedDepreciationDepletionAndAmortizationTransferFromRightOfUseAsset
1523000 usd
CY2022 sb Property Plant And Equipment Transfer From Right Of Use Asset Net
PropertyPlantAndEquipmentTransferFromRightOfUseAssetNet
30637000 usd
CY2022 sb Property Plant And Equipment Transfers To Assets Held For Sale
PropertyPlantAndEquipmentTransfersToAssetsHeldForSale
26345000 usd
CY2022 us-gaap Accumulated Depreciation Depletion And Amortization Reclassifications From Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1
15301000 usd
CY2022 sb Property Plant And Equipment Transfers To Assets Held For Sale Net
PropertyPlantAndEquipmentTransfersToAssetsHeldForSaleNet
11044000 usd
CY2022 us-gaap Depreciation
Depreciation
48217000 usd
CY2022 us-gaap Depreciation
Depreciation
48217000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1438790000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
437670000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1001120000 usd
CY2023 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
192819000 usd
CY2023 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
192819000 usd
CY2023 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
46330000 usd
CY2023 us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
21846000 usd
CY2023 sb Property Plant And Equipment Disposals Net
PropertyPlantAndEquipmentDisposalsNet
24484000 usd
CY2023 sb Property Plant And Equipment Transfers To Assets Held For Sale
PropertyPlantAndEquipmentTransfersToAssetsHeldForSale
33674000 usd
CY2023 us-gaap Accumulated Depreciation Depletion And Amortization Reclassifications From Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1
9866000 usd
CY2023 sb Property Plant And Equipment Transfers To Assets Held For Sale Net
PropertyPlantAndEquipmentTransfersToAssetsHeldForSaleNet
23808000 usd
CY2023 us-gaap Depreciation
Depreciation
54129000 usd
CY2023 us-gaap Depreciation
Depreciation
54129000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1551605000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
460087000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1091518000 usd
CY2022 sb Number Of Vessel Disposed
NumberOfVesselDisposed
0 vessel
CY2023 sb Number Of Impaired Vessels
NumberOfImpairedVessels
0 vessel
CY2022 sb Number Of Impaired Vessels
NumberOfImpairedVessels
0 vessel
CY2023Q4 sb Number Of Vessels As Collateral For Debt
NumberOfVesselsAsCollateralForDebt
27 item
CY2023Q4 sb Property Plant And Equipment Collateral For Debt
PropertyPlantAndEquipmentCollateralForDebt
603157000 usd
CY2023 sb Number Of Vessels Sold And Leased Back
NumberOfVesselsSoldAndLeasedBack
11 vessel
CY2023Q4 sb Property Plant And Equipment For Vessels Sold And Leased Back
PropertyPlantAndEquipmentForVesselsSoldAndLeasedBack
311481000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
376856000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
488775000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
422578000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
45722000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
27156000 usd
CY2021Q4 sb Advances For Assets Acquisition And Assets Under Construction
AdvancesForAssetsAcquisitionAndAssetsUnderConstruction
56484000 usd
CY2022 sb Advances Paid Capitalized Expenses And Interest And Accrued Vessel Cost
AdvancesPaidCapitalizedExpensesAndInterestAndAccruedVesselCost
185149000 usd
CY2022 sb Advances For Asset Acquisitions Transfers And Changes
AdvancesForAssetAcquisitionsTransfersAndChanges
165353000 usd
CY2022Q4 sb Advances For Assets Acquisition And Assets Under Construction
AdvancesForAssetsAcquisitionAndAssetsUnderConstruction
76280000 usd
CY2023 sb Advances Paid Capitalized Expenses And Interest And Accrued Vessel Cost
AdvancesPaidCapitalizedExpensesAndInterestAndAccruedVesselCost
206242000 usd
CY2023 sb Advances For Asset Acquisitions Transfers And Changes
AdvancesForAssetAcquisitionsTransfersAndChanges
192819000 usd
CY2023Q4 sb Advances For Assets Acquisition And Assets Under Construction
AdvancesForAssetsAcquisitionAndAssetsUnderConstruction
89703000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
24229000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
23808000 usd
CY2023Q4 sb Disposal Group Including Discontinued Operation Property Plant And Equipment Value Of Assets Onboard
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentValueOfAssetsOnboard
421000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
26625000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
11980000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
11044000 usd
CY2022Q4 sb Disposal Group Including Discontinued Operation Property Plant And Equipment Value Of Assets Onboard
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentValueOfAssetsOnboard
936000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
15900000 usd
CY2022Q4 sb Liabilities Associated With Assets Held For Sale
LiabilitiesAssociatedWithAssetsHeldForSale
16930000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1301000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
463000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2022 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
0 usd
CY2023 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
35000 usd
CY2022 us-gaap Lease Cost
LeaseCost
1764000 usd
CY2023 us-gaap Lease Cost
LeaseCost
35000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
422578000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
515931000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
515931000 usd
CY2022Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
2166000 usd
CY2023Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
2375000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
6050000 usd
CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
6384000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8216000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8759000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
422578000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
515931000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8216000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8759000 usd
CY2022Q4 sb Long Term Debt Net
LongTermDebtNet
414362000 usd
CY2023Q4 sb Long Term Debt Net
LongTermDebtNet
507172000 usd
CY2022Q4 sb Long Term Debt Current Net
LongTermDebtCurrentNet
43556000 usd
CY2023Q4 sb Long Term Debt Current Net
LongTermDebtCurrentNet
24781000 usd
CY2022Q4 sb Long Term Debt Net Of Deferred Financing Costs Non Current
LongTermDebtNetOfDeferredFinancingCostsNonCurrent
370806000 usd
CY2023Q4 sb Long Term Debt Net Of Deferred Financing Costs Non Current
LongTermDebtNetOfDeferredFinancingCostsNonCurrent
482391000 usd
CY2021Q3 sb Number Of Credit Facility Amended
NumberOfCreditFacilityAmended
1 creditfacility
CY2023Q4 sb Number Of Facilities That Entered Into A Sale And Leaseback Agreement
NumberOfFacilitiesThatEnteredIntoASaleAndLeasebackAgreement
11 facility
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
27156000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
77459000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
66319000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
162158000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
70951000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
111888000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
515931000 usd
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
14776000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
17651000 usd
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
27285000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
57000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
513000 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2578000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
118868317 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
118868317 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111607828 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111607828 shares
CY2023Q4 sb Common Stock Voting Right
CommonStockVotingRight
1 vote
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023 sb Number Of Directors Preferred Stock Holders Can Elect If Dividends Are Arrears
NumberOfDirectorsPreferredStockHoldersCanElectIfDividendsAreArrears
1 director
CY2023 sb Number Of Quarterly Dividend Periods
NumberOfQuarterlyDividendPeriods
6 period
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
82299000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
52201000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
60774000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
27823000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
223097000 usd
CY2023Q4 sb Insurance Maximum Amount
InsuranceMaximumAmount
1000000000 usd
CY2021 sb Time Charter Revenue
TimeCharterRevenue
328905000 usd
CY2022 sb Time Charter Revenue
TimeCharterRevenue
351006000 usd
CY2023 sb Time Charter Revenue
TimeCharterRevenue
290440000 usd
CY2021 sb Voyage Charter Revenue
VoyageCharterRevenue
5578000 usd
CY2022 sb Voyage Charter Revenue
VoyageCharterRevenue
0 usd
CY2023 sb Voyage Charter Revenue
VoyageCharterRevenue
0 usd
CY2021 us-gaap Other Income
OtherIncome
8992000 usd
CY2022 us-gaap Other Income
OtherIncome
13044000 usd
CY2023 us-gaap Other Income
OtherIncome
4953000 usd
CY2021 sb Time Charter And Voyage Revenue
TimeCharterAndVoyageRevenue
343475000 usd
CY2022 sb Time Charter And Voyage Revenue
TimeCharterAndVoyageRevenue
364050000 usd
CY2023 sb Time Charter And Voyage Revenue
TimeCharterAndVoyageRevenue
295393000 usd
CY2021 sb Time Charter Revenue
TimeCharterRevenue
328905000 usd
CY2022 sb Time Charter Revenue
TimeCharterRevenue
351006000 usd
CY2023 sb Time Charter Revenue
TimeCharterRevenue
290440000 usd
CY2021 sb Time Charter Revenue From Premium For Use Of Scrubbers
TimeCharterRevenueFromPremiumForUseOfScrubbers
13710000 usd
CY2022 sb Time Charter Revenue From Premium For Use Of Scrubbers
TimeCharterRevenueFromPremiumForUseOfScrubbers
29628000 usd
CY2023 sb Time Charter Revenue From Premium For Use Of Scrubbers
TimeCharterRevenueFromPremiumForUseOfScrubbers
34623000 usd
CY2023 sb Number Of Vessels Employed Under Different Time Charters
NumberOfVesselsEmployedUnderDifferentTimeCharters
12 charter
CY2023 sb Number Of Vessels Employed Under Time Charters Of Two Years
NumberOfVesselsEmployedUnderTimeChartersOfTwoYears
1 charter
CY2023 sb Time Charter And Voyage Term Of Charter Contract Original Two Years
TimeCharterAndVoyageTermOfCharterContractOriginalTwoYears
P2Y
CY2023 sb Number Of Vessels Employed Under Time Charters Of Three Years
NumberOfVesselsEmployedUnderTimeChartersOfThreeYears
4 charter
CY2023 sb Time Charter And Voyage Term Of Charter Contract Original Three Years
TimeCharterAndVoyageTermOfCharterContractOriginalThreeYears
P3Y
CY2023 sb Number Of Vessels Employed Under Time Charters Of Five Years
NumberOfVesselsEmployedUnderTimeChartersOfFiveYears
6 charter
CY2023 sb Time Charter And Voyage Term Of Charter Contract Original Five Years
TimeCharterAndVoyageTermOfCharterContractOriginalFiveYears
P5Y
CY2023 sb Number Of Vessels On Long Term Contracts
NumberOfVesselsOnLongTermContracts
1 charter
CY2021Q4 sb Number Of Vessels Employed Under Voyage Charter
NumberOfVesselsEmployedUnderVoyageCharter
0 charter
CY2022Q4 sb Number Of Vessels Employed Under Voyage Charter
NumberOfVesselsEmployedUnderVoyageCharter
0 charter
CY2023Q4 sb Number Of Vessels Employed Under Voyage Charter
NumberOfVesselsEmployedUnderVoyageCharter
0 charter
CY2021 us-gaap Cost Direct Labor
CostDirectLabor
36821000 usd
CY2022 us-gaap Cost Direct Labor
CostDirectLabor
38083000 usd
CY2023 us-gaap Cost Direct Labor
CostDirectLabor
39473000 usd
CY2021 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
3601000 usd
CY2022 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
4749000 usd
CY2023 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
5263000 usd
CY2021 sb Cost Of Property Repairs Maintenance And Drydocking Costs
CostOfPropertyRepairsMaintenanceAndDrydockingCosts
8797000 usd
CY2022 sb Cost Of Property Repairs Maintenance And Drydocking Costs
CostOfPropertyRepairsMaintenanceAndDrydockingCosts
12148000 usd
CY2023 sb Cost Of Property Repairs Maintenance And Drydocking Costs
CostOfPropertyRepairsMaintenanceAndDrydockingCosts
16354000 usd
CY2021 us-gaap Direct Operating Maintenance Supplies Costs
DirectOperatingMaintenanceSuppliesCosts
15473000 usd
CY2022 us-gaap Direct Operating Maintenance Supplies Costs
DirectOperatingMaintenanceSuppliesCosts
16623000 usd
CY2023 us-gaap Direct Operating Maintenance Supplies Costs
DirectOperatingMaintenanceSuppliesCosts
18738000 usd
CY2021 sb Cost Of Lubricants
CostOfLubricants
3846000 usd
CY2022 sb Cost Of Lubricants
CostOfLubricants
5068000 usd
CY2023 sb Cost Of Lubricants
CostOfLubricants
5479000 usd
CY2021 us-gaap Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
690000 usd
CY2022 us-gaap Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
674000 usd
CY2023 us-gaap Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
606000 usd
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2821000 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2866000 usd
CY2022Q4 sb Accrued Commissions
AccruedCommissions
464000 usd
CY2023Q4 sb Accrued Commissions
AccruedCommissions
512000 usd
CY2022Q4 sb Accrued Intesest On Derivatives And Other Financial Expenses
AccruedIntesestOnDerivativesAndOtherFinancialExpenses
635000 usd
CY2023Q4 sb Accrued Intesest On Derivatives And Other Financial Expenses
AccruedIntesestOnDerivativesAndOtherFinancialExpenses
1316000 usd
CY2022Q4 sb Accrued General And Administrative Expense
AccruedGeneralAndAdministrativeExpense
127000 usd
CY2023Q4 sb Accrued General And Administrative Expense
AccruedGeneralAndAdministrativeExpense
232000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10766000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8383000 usd
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3288000 usd
CY2021 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
72049000 usd
CY2022 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
80211000 usd
CY2023 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
89201000 usd
CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2188000 usd
CY2022 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
8723000 usd
CY2023 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
523000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2235000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2910000 usd
CY2022Q4 sb Accrued Vessel Operating And Voyage Expenses
AccruedVesselOperatingAndVoyageExpenses
7305000 usd
CY2023Q4 sb Accrued Vessel Operating And Voyage Expenses
AccruedVesselOperatingAndVoyageExpenses
3413000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
134338000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
56648000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
21398000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
10845000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
9252000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
23005000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
255486000 usd
CY2021 us-gaap Professional Fees
ProfessionalFees
854000 usd
CY2022 us-gaap Professional Fees
ProfessionalFees
1023000 usd
CY2023 us-gaap Professional Fees
ProfessionalFees
1070000 usd
CY2021 us-gaap Officers Compensation
OfficersCompensation
759000 usd
CY2022 us-gaap Officers Compensation
OfficersCompensation
802000 usd
CY2023 us-gaap Officers Compensation
OfficersCompensation
781000 usd
CY2021 us-gaap Exchange Fees
ExchangeFees
101000 usd
CY2022 us-gaap Exchange Fees
ExchangeFees
181000 usd
CY2023 us-gaap Exchange Fees
ExchangeFees
128000 usd
CY2021 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
1563000 usd
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
2073000 usd
CY2023 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
2585000 usd
CY2021 sb Cash Compensation On Contract Termination Net
CashCompensationOnContractTerminationNet
7990000 usd
CY2021 sb Accrued Revenue Recorded From Time Charter Contract Termination
AccruedRevenueRecordedFromTimeCharterContractTermination
435000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22498000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21802000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23763000 usd
CY2022Q4 sb Contract With Customer Liability Cash Received In Advance Current
ContractWithCustomerLiabilityCashReceivedInAdvanceCurrent
5290000 usd
CY2023Q4 sb Contract With Customer Liability Cash Received In Advance Current
ContractWithCustomerLiabilityCashReceivedInAdvanceCurrent
6682000 usd
CY2022Q4 sb Contract With Customer Charter Rates
ContractWithCustomerCharterRates
4230000 usd
CY2023Q4 sb Contract With Customer Charter Rates
ContractWithCustomerCharterRates
4171000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
7330000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3248000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
16850000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
14101000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
662000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
477000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
225000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
87000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
887000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
564000 usd
CY2021 sb Number Of Vessel Disposed
NumberOfVesselDisposed
7 vessel
CY2023 sb Number Of Vessel Disposed
NumberOfVesselDisposed
3 vessel
CY2022 sb Number Of Vessel Disposed
NumberOfVesselDisposed
0 vessel
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
11579000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
10375000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
11579000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
10375000 usd
CY2021 sb Early Delivery Income Recorded From Time Charter Contract Termination
EarlyDeliveryIncomeRecordedFromTimeCharterContractTermination
7470000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
174348000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
172554000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
77351000 usd
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
11064000 usd
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8978000 usd
CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8000000 usd
CY2021 sb Redeemable Preferred Stock Measurement Increase Decrease
RedeemablePreferredStockMeasurementIncreaseDecrease
-271000 usd
CY2022 sb Redeemable Preferred Stock Measurement Increase Decrease
RedeemablePreferredStockMeasurementIncreaseDecrease
0 usd
CY2023 sb Redeemable Preferred Stock Measurement Increase Decrease
RedeemablePreferredStockMeasurementIncreaseDecrease
0 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163555000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163576000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
69351000 usd
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113716354 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113716354 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120653507 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120653507 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113619092 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113619092 shares
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.44
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61

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0001628280-24-007809.txt Edgar Link pending
0001628280-24-007809-xbrl.zip Edgar Link pending
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