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10-K Filing

Pangaea Logistics Solutions Ltd. CIK: 1606909 FY 2016
Filing Information
Form Type 10-K
Accession Number 0001606909-17-000022
Period End Date 20161231
Filing Date 20170323
Fiscal Year 2016
Fiscal Period FY
XBRL Instance panl-20161231.xml
Filing Contents
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Allowance for Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable $4.75M USD Point-in-time
Allowance for Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable $5.07M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.52M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $22.32M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.82M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $6.10M USD Point-in-time
Preferred Stock, Shares Issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred Stock, Shares Issued PreferredStockSharesIssued 0.00 shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $2.00M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable (net of allowance of $4,752,265 at December 31, 2016 and $5,067,194 at December 31, 2015) AccountsReceivableNetCurrent $20.48M USD Point-in-time
Accounts receivable (net of allowance of $4,752,265 at December 31, 2016 and $5,067,194 at December 31, 2015) AccountsReceivableNetCurrent $19.62M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Bunker inventory InventoryNet $13.20M USD Point-in-time
Bunker inventory InventoryNet $7.49M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Advance hire, prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $6.44M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Advance hire, prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $2.68M USD Point-in-time
Total current assets AssetsCurrent $69.31M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 36.59M shares Point-in-time
Total current assets AssetsCurrent $68.54M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 36.50M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 36.59M shares Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $255.15M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $275.27M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 36.50M shares Point-in-time
Investment in newbuildings in-process DevelopmentInProcess $18.38M USD Point-in-time
Investment in newbuildings in-process DevelopmentInProcess $42.51M USD Point-in-time
Total assets Assets $366.96M USD Point-in-time
Total assets Assets $362.19M USD Point-in-time
Accounts payable accrued expenses and other current liabilities AccountsPayableAccruedExpensesAndOtherCurrentLiabilities $22.16M USD Point-in-time
Accounts payable accrued expenses and other current liabilities AccountsPayableAccruedExpensesAndOtherCurrentLiabilities $23.23M USD Point-in-time
Related party debt DueToRelatedPartiesCurrent $13.32M USD Point-in-time
Related party debt DueToRelatedPartiesCurrent $15.97M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $6.42M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $4.45M USD Point-in-time
Current portion long-term debt OtherLongTermDebtCurrent $19.63M USD Point-in-time
Current portion long-term debt OtherLongTermDebtCurrent $19.50M USD Point-in-time
Dividend payable DividendsPayableCurrent $12.62M USD Point-in-time
Dividend payable DividendsPayableCurrent $12.72M USD Point-in-time
Total current liabilties LiabilitiesCurrent $72.15M USD Point-in-time
Total current liabilties LiabilitiesCurrent $77.88M USD Point-in-time
Secured long-term debt, net SecuredLongTermDebt $107.64M USD Point-in-time
Secured long-term debt, net SecuredLongTermDebt $129.50M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.0001 par value, 1,000,000 shares authorized and no share issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized 36,590,417 and 36,503,837 shares issued and outstanding at December 31, 2016 and 2015, respectively CommonStockValue $3.65K USD Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized 36,590,417 and 36,503,837 shares issued and outstanding at December 31, 2016 and 2015, respectively CommonStockValue $3.66K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $133.68M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $133.08M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-24.87M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-17.41M USD Point-in-time
Total Pangaea Logistics Solutions Ltd. equity (deficit) StockholdersEquity $116.27M USD Point-in-time
Total Pangaea Logistics Solutions Ltd. equity (deficit) StockholdersEquity $108.21M USD Point-in-time
Non-controlling interests MinorityInterest $57.10M USD Point-in-time
Non-controlling interests MinorityInterest $60.41M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $165.32M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $176.68M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $100.35M USD Point-in-time
Total liabilities, convertible reemable preferred stock and stockholders' equity LiabilitiesAndStockholdersEquity $366.96M USD Point-in-time
Total liabilities, convertible reemable preferred stock and stockholders' equity LiabilitiesAndStockholdersEquity $362.19M USD Point-in-time
Income Statement 240 line items
Line Item Tag Value Unit Period
Voyage revenue VoyageRevenue $64.60M USD 1 Quarter
Voyage revenue VoyageRevenue $60.90M USD 1 Quarter
Voyage revenue VoyageRevenue $222.12M USD Annual
Voyage revenue VoyageRevenue $50.59M USD 1 Quarter
Voyage revenue VoyageRevenue $42.00M USD 1 Quarter
Voyage revenue VoyageRevenue $60.60M USD 1 Quarter
Voyage revenue VoyageRevenue $53.50M USD 1 Quarter
Voyage revenue VoyageRevenue $266.67M USD Annual
Voyage revenue VoyageRevenue $90.58M USD 1 Quarter
Voyage revenue VoyageRevenue $66.00M USD 1 Quarter
Charter revenue CharterRevenue $5.70M USD 1 Quarter
Charter revenue CharterRevenue $4.20M USD 1 Quarter
Charter revenue CharterRevenue $15.90M USD Annual
Charter revenue CharterRevenue $4.54M USD 1 Quarter
Charter revenue CharterRevenue $6.59M USD 1 Quarter
Charter revenue CharterRevenue $20.66M USD Annual
Charter revenue CharterRevenue $4.80M USD 1 Quarter
Charter revenue CharterRevenue $3.40M USD 1 Quarter
Charter revenue CharterRevenue $5.33M USD 1 Quarter
Charter revenue CharterRevenue $2.00M USD 1 Quarter
Revenues Revenues $287.33M USD Annual
Revenues Revenues $55.93M USD 1 Quarter
Revenues Revenues $238.02M USD Annual
Revenues Revenues $70.80M USD 1 Quarter
Revenues Revenues $95.12M USD 1 Quarter
Revenues Revenues $43.90M USD 1 Quarter
Revenues Revenues $71.19M USD 1 Quarter
Revenues Revenues $65.10M USD 1 Quarter
Revenues Revenues $57.00M USD 1 Quarter
Revenues Revenues $66.30M USD 1 Quarter
Voyage expense VoyageExpense $28.13M USD 1 Quarter
Voyage expense VoyageExpense $30.39M USD 1 Quarter
Voyage expense VoyageExpense $29.20M USD 1 Quarter
Voyage expense VoyageExpense $26.80M USD 1 Quarter
Voyage expense VoyageExpense $21.79M USD 1 Quarter
Voyage expense VoyageExpense $29.20M USD 1 Quarter
Voyage expense VoyageExpense $45.32M USD 1 Quarter
Voyage expense VoyageExpense $18.50M USD 1 Quarter
Voyage expense VoyageExpense $125.63M USD Annual
Voyage expense VoyageExpense $103.65M USD Annual
Charter hire expense CharterHireExpense $20.50M USD 1 Quarter
Charter hire expense CharterHireExpense $20.60M USD 1 Quarter
Charter hire expense CharterHireExpense $75.92M USD Annual
Charter hire expense CharterHireExpense $15.20M USD 1 Quarter
Charter hire expense CharterHireExpense $15.47M USD 1 Quarter
Charter hire expense CharterHireExpense $15.00M USD 1 Quarter
Charter hire expense CharterHireExpense $19.70M USD 1 Quarter
Charter hire expense CharterHireExpense $63.69M USD Annual
Charter hire expense CharterHireExpense $24.66M USD 1 Quarter
Charter hire expense CharterHireExpense $8.50M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $6.90M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $7.90M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $8.46M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $7.79M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $7.12M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $8.60M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $31.56M USD Annual
Vessel operating expenses VesselOperatingExpense $7.50M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $8.20M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $30.90M USD Annual
General and administrative GeneralAndAdministrativeExpense $3.20M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.92M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $14.97M USD Annual
General and administrative GeneralAndAdministrativeExpense $4.32M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.60M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.60M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.77M USD Annual
General and administrative GeneralAndAdministrativeExpense $2.90M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.14M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $14.11M USD Annual
Depreciation and amortization CostOfServicesDepreciationAndAmortization $12.73M USD Annual
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.27M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.50M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.50M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $2.99M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.20M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.27M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.50M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $3.50M USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges $5.35M USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD Annual
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges $5.35M USD Annual
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties $477.89K USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties $-638.64K USD Annual
Gain on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties $88.87K USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties - USD Annual
Gain on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Gain on sale of vessels GainLossOnSaleOfProperties $71.88K USD 1 Quarter
Total expenses OperatingExpenses $58.11M USD 1 Quarter
Total expenses OperatingExpenses $56.20M USD 1 Quarter
Total expenses OperatingExpenses $225.12M USD Annual
Total expenses OperatingExpenses $63.00M USD 1 Quarter
Total expenses OperatingExpenses $66.32M USD 1 Quarter
Total expenses OperatingExpenses $57.21M USD 1 Quarter
Total expenses OperatingExpenses $266.81M USD Annual
Total expenses OperatingExpenses $40.40M USD 1 Quarter
Total expenses OperatingExpenses $65.50M USD 1 Quarter
Total expenses OperatingExpenses $85.17M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $7.00M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $800.00K USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $4.87M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $12.89M USD Annual
(Loss) income from operations OperatingIncomeLoss $9.95M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $-1.29M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $20.53M USD Annual
(Loss) income from operations OperatingIncomeLoss $3.50M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $7.80M USD 1 Quarter
(Loss) income from operations OperatingIncomeLoss $800.00K USD 1 Quarter
Interest expense, net InterestExpense $1.28M USD 1 Quarter
Interest expense, net InterestExpense $1.30M USD 1 Quarter
Interest expense, net InterestExpense $1.40M USD 1 Quarter
Interest expense, net InterestExpense $5.42M USD Annual
Interest expense, net InterestExpense $5.42M USD Annual
Interest expense, net InterestExpense $1.30M USD 1 Quarter
Interest expense, net InterestExpense $1.49M USD 1 Quarter
Interest expense, net InterestExpense $1.50M USD 1 Quarter
Interest expense, net InterestExpense $1.24M USD 1 Quarter
Interest expense, net InterestExpense $1.41M USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $100.00K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $314.93K USD Annual
Interest expense related party debt InterestExpenseRelatedParty $99.07K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $110.76K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $100.00K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $114.97K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $100.00K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $100.00K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $110.76K USD 1 Quarter
Interest expense related party debt InterestExpenseRelatedParty $435.56K USD Annual
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $1.40M USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $1.00M USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $2.16M USD Annual
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-377.26K USD Annual
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $363.10K USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-300.00K USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $823.46K USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-513.68K USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $200.00K USD 1 Quarter
Unrealized (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-1.05M USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $-100.00K USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $-1.10M USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $60.94K USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $30.00K USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $-926.76K USD Annual
Other (expense) income NonoperatingIncomeExpense - USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $83.15K USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $-100.00K USD 1 Quarter
Other (expense) income NonoperatingIncomeExpense $-158.53K USD Annual
Other (expense) income NonoperatingIncomeExpense $100.00K USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-200.00K USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-7.16M USD Annual
Total other expense, net OtherNonoperatingIncomeExpense $-966.66K USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-1.90M USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-2.09M USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-1.20M USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-619.13K USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-3.73M USD Annual
Total other expense, net OtherNonoperatingIncomeExpense $-3.49M USD 1 Quarter
Total other expense, net OtherNonoperatingIncomeExpense $-500.00K USD 1 Quarter
Net (loss) income ProfitLoss $-4.77M USD 1 Quarter
Net (loss) income ProfitLoss $9.33M USD 1 Quarter
Net (loss) income ProfitLoss $300.00K USD 1 Quarter
Net (loss) income ProfitLoss $13.37M USD Annual
Net (loss) income ProfitLoss $9.16M USD Annual
Net (loss) income ProfitLoss $6.03M USD 1 Quarter
Net (loss) income ProfitLoss $2.78M USD 1 Quarter
Net (loss) income ProfitLoss $600.00K USD 1 Quarter
Net (loss) income ProfitLoss $6.60M USD 1 Quarter
Net (loss) income ProfitLoss $1.60M USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $13.83K USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-221.90K USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $500.00K USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $400.00K USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.70M USD Annual
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $569.23K USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $300.00K USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.73M USD 1 Quarter
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.09M USD Annual
Loss (income) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $500.00K USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $5.46M USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $100.00K USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $7.60M USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $7.46M USD Annual
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $11.28M USD Annual
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $-4.79M USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $6.10M USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $1.20M USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $3.00M USD 1 Quarter
Net (loss) income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $100.00K USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.09 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.32 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.21 USD Annual
Basic (in dollars per share) EarningsPerShareBasic - USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.22 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.14 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.17 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.00 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.16 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.03 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.22 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.00 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.16 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.32 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.09 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.14 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted - USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.21 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.03 USD 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 34.70M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 34.78M shares Annual
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 35.16M shares Annual
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 35.19M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 35.13M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 35.05M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 34.70M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 34.70M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 35.15M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 35.17M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.35M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 34.96M shares Annual
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.34M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.58M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.38M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.20M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.00M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.38M shares Annual
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 34.70M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 34.89M shares 1 Quarter
Cash Flow Statement 97 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-4.77M USD 1 Quarter
Net (loss) income ProfitLoss $9.33M USD 1 Quarter
Net (loss) income ProfitLoss $300.00K USD 1 Quarter
Net (loss) income ProfitLoss $13.37M USD Annual
Net (loss) income ProfitLoss $9.16M USD Annual
Net (loss) income ProfitLoss $6.03M USD 1 Quarter
Net (loss) income ProfitLoss $2.78M USD 1 Quarter
Net (loss) income ProfitLoss $600.00K USD 1 Quarter
Net (loss) income ProfitLoss $6.60M USD 1 Quarter
Net (loss) income ProfitLoss $1.60M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $12.73M USD Annual
Depreciation and amortization expense DepreciationDepletionAndAmortization $14.11M USD Annual
Amortization of deferred financing costs AmortizationOfDeferredFinancingCostsAndBankFees $662.72K USD Annual
Amortization of deferred financing costs AmortizationOfDeferredFinancingCostsAndBankFees $745.52K USD Annual
Unrealized loss (gain) on derivative instruments UnrealizedGainLossOnCashFlowHedgingInstruments $2.16M USD Annual
Unrealized loss (gain) on derivative instruments UnrealizedGainLossOnCashFlowHedgingInstruments $-377.26K USD Annual
Loss (income) from equity method investee IncomeLossFromEquityMethodInvestments - USD Annual
Loss (income) from equity method investee IncomeLossFromEquityMethodInvestments $-100.86K USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $974.95K USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $922.41K USD Annual
Gain on sales of vessels GainLossOnSaleOfOtherAssets $-638.64K USD Annual
Gain on sales of vessels GainLossOnSaleOfOtherAssets - USD Annual
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges $5.35M USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD Annual
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges $5.35M USD Annual
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels AssetImpairmentCharges - USD 1 Quarter
Drydocking costs PaymentForDrydockingCosts $1.39M USD Annual
Drydocking costs PaymentForDrydockingCosts $42.48K USD Annual
Write off unamortized financing costs of repaid debt WriteOffOfUnamortizedFinancingCosts - USD Annual
Write off unamortized financing costs of repaid debt WriteOffOfUnamortizedFinancingCosts $72.97K USD Annual
Share-based compensation ShareBasedCompensation $457.07K USD Annual
Share-based compensation ShareBasedCompensation $601.92K USD Annual
Increase (Decrease) in Restricted Cash for Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities $1.00M USD Annual
Increase (Decrease) in Restricted Cash for Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities $-1.50M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $-6.77M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.78M USD Annual
Bunker inventory IncreaseDecreaseInInventories $5.71M USD Annual
Bunker inventory IncreaseDecreaseInInventories $-8.11M USD Annual
Advance hire, prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $3.71M USD Annual
Advance hire, prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-3.85M USD Annual
Account payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities $-17.85M USD Annual
Account payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities $3.69M USD Annual
Deferred revenue IncreaseDecreaseInDeferredRevenue $-7.30M USD Annual
Deferred revenue IncreaseDecreaseInDeferredRevenue $1.97M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $19.21M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $26.01M USD Annual
Purchase of vessels PaymentForPurchaseOfVessels $44.80M USD Annual
Purchase of vessels PaymentForPurchaseOfVessels $319.43K USD Annual
Proceeds from sales of vessels ProceedsFromSaleOfVessels $8.27M USD Annual
Proceeds from sales of vessels ProceedsFromSaleOfVessels - USD Annual
Deposits on newbuildings in-process PaymentsToAcquireBuildings $9.62M USD Annual
Deposits on newbuildings in-process PaymentsToAcquireBuildings $27.21M USD Annual
Purchase of building and equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $55.13K USD Annual
Purchase of building and equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $315.92K USD Annual
Acquisition of interest in equity method investee PaymentsToAcquireEquityMethodInvestments - USD Annual
Acquisition of interest in equity method investee PaymentsToAcquireEquityMethodInvestments $250.00K USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-10.25M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-64.05M USD Annual
Proceeds of related party debt ProceedsFromRelatedPartyDebt $6.85M USD Annual
Proceeds of related party debt ProceedsFromRelatedPartyDebt $4.84M USD Annual
Payments on related party debt RepaymentsOfRelatedPartyDebt $1.22M USD Annual
Payments on related party debt RepaymentsOfRelatedPartyDebt $2.50M USD Annual
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $67.50M USD Annual
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $1.38M USD Annual
Payments of financing and issuance costs PaymentOfFinancingAndStockIssuanceCosts $1.18M USD Annual
Payments of financing and issuance costs PaymentOfFinancingAndStockIssuanceCosts $45.76K USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $23.72M USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $22.55M USD Annual
Repayments of Lines of Credit RepaymentsOfLinesOfCredit $3.00M USD Annual
Repayments of Lines of Credit RepaymentsOfLinesOfCredit - USD Annual
Common stock dividends paid PaymentsOfDividendsCommonStock $100.00K USD Annual
Common stock dividends paid PaymentsOfDividendsCommonStock $100.00K USD Annual
Proceeds from (Repayments of) Restricted Cash, Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities $-5.60M USD Annual
Proceeds from (Repayments of) Restricted Cash, Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities - USD Annual
Proceeds from Noncontrolling Interests ProceedsFromMinorityShareholders $1.60M USD Annual
Distributions to non-controlling interest PaymentsOfDistributionsToAffiliates - USD Annual
Distributions to non-controlling interest PaymentsOfDistributionsToAffiliates $567.88K USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-24.16M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $45.74M USD Annual
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-15.20M USD Annual
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $7.70M USD Annual
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $37.52M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $22.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $29.82M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $37.52M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $22.32M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $29.82M USD Point-in-time
Issuance of subsidiary common shares as settlement of related party debt DebtConversionConvertedInstrumentAmount1 - USD Annual
Issuance of subsidiary common shares as settlement of related party debt DebtConversionConvertedInstrumentAmount1 $51.85M USD Annual
Cash paid for interest InterestPaid $4.66M USD Annual
Cash paid for interest InterestPaid $5.41M USD Annual
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $165.32M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $176.68M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $100.35M USD Point-in-time
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests MinorityInterestDecreaseFromRedemptions $204.47K USD Annual
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $504.21K USD Annual
Recognized compensation cost for restricted stock AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $601.92K USD Annual
Recognized compensation cost for restricted stock AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $457.07K USD Annual
Conversion of related party debt to noncontrolling interest Conversionofrelatedpartydebttononcontrollinginterest $51.85M USD Annual
Noncontrolling Interest, Increase from Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.60M USD Annual
Net (loss) income ProfitLoss $-4.77M USD 1 Quarter
Net (loss) income ProfitLoss $9.33M USD 1 Quarter
Net (loss) income ProfitLoss $300.00K USD 1 Quarter
Net (loss) income ProfitLoss $13.37M USD Annual
Net (loss) income ProfitLoss $9.16M USD Annual
Net (loss) income ProfitLoss $6.03M USD 1 Quarter
Net (loss) income ProfitLoss $2.78M USD 1 Quarter
Net (loss) income ProfitLoss $600.00K USD 1 Quarter
Net (loss) income ProfitLoss $6.60M USD 1 Quarter
Net (loss) income ProfitLoss $1.60M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $165.32M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $176.68M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $100.35M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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