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10-K Filing

Pangaea Logistics Solutions Ltd. CIK: 1606909 FY 2021
Filing Information
Form Type 10-K
Accession Number 0001606909-22-000032
Period End Date 20211231
Filing Date 20220316
Fiscal Year 2021
Fiscal Period FY
XBRL Instance panl-20211231_htm.xml
Filing Contents
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivable $1.99M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivable $1.90M 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
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $56.21M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $46.90M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred stock, shares Issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares Issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Restricted cash RestrictedCashCurrent $1.50M USD Point-in-time
Restricted cash RestrictedCashCurrent - USD Point-in-time
Accounts receivable (net of allowance of $1,990,459 and $1,896,038 at December 31, 2021 and 2020, respectively) AccountsReceivableNetCurrent $54.26M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable (net of allowance of $1,990,459 and $1,896,038 at December 31, 2021 and 2020, respectively) AccountsReceivableNetCurrent $29.15M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Bunker inventory InventoryNet $15.97M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Bunker inventory InventoryNet $27.15M USD Point-in-time
Shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Advance hire, prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $46.35M USD Point-in-time
Advance hire, prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $17.83M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 45.62M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 45.45M shares Point-in-time
Total current assets AssetsCurrent $183.96M USD Point-in-time
Total current assets AssetsCurrent $111.34M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $276.74M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 45.45M shares Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $471.91M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 45.62M shares Point-in-time
Deposits Assets, Noncurrent DepositsAssetsNoncurrent - USD Point-in-time
Deposits Assets, Noncurrent DepositsAssetsNoncurrent $1.99M USD Point-in-time
Investment in newbuildings in-process InvestmentInNewbuildingsInProcess $15.39M USD Point-in-time
Vessels under finance lease FinanceLeaseRightOfUseAsset $45.24M USD Point-in-time
Vessels under finance lease FinanceLeaseRightOfUseAsset $45.20M USD Point-in-time
Other Assets, Noncurrent OtherAssetsNoncurrent $3.96M USD Point-in-time
Other Assets, Noncurrent OtherAssetsNoncurrent $1.69M USD Point-in-time
Total assets Assets $450.40M USD Point-in-time
Total assets Assets $707.02M USD Point-in-time
Accounts payable, accrued expenses and other current liabilities AccountsPayableAccruedExpensesAndOtherCurrentLiabilities $49.15M USD Point-in-time
Accounts payable, accrued expenses and other current liabilities AccountsPayableAccruedExpensesAndOtherCurrentLiabilities $32.40M USD Point-in-time
Related party notes payable DueToRelatedPartiesCurrent $242.85K USD Point-in-time
Related party notes payable DueToRelatedPartiesCurrent $242.85K USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $12.80M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $32.21M USD Point-in-time
Current portion of long-term debt OtherLongTermDebtCurrent $57.38M USD Point-in-time
Current portion of long-term debt OtherLongTermDebtCurrent $15.44M USD Point-in-time
Current portion of finance lease liabilities FinanceLeaseLiabilityCurrent $6.98M USD Point-in-time
Current portion of finance lease liabilities FinanceLeaseLiabilityCurrent $14.48M USD Point-in-time
Dividends payable DividendsPayableCurrent $1.01M USD Point-in-time
Dividends payable DividendsPayableCurrent $213.76K USD Point-in-time
Total current liabilities LiabilitiesCurrent $111.74M USD Point-in-time
Total current liabilities LiabilitiesCurrent $110.81M USD Point-in-time
Secured long-term debt, net SecuredLongTermDebt $44.51M USD Point-in-time
Secured long-term debt, net SecuredLongTermDebt $105.84M USD Point-in-time
Finance lease liabilities FinanceLeaseLiabilityNoncurrent $170.96M USD Point-in-time
Finance lease liabilities FinanceLeaseLiabilityNoncurrent $50.52M USD Point-in-time
Long-term liabilities - other - Note 11 OtherLiabilitiesNoncurrent $10.14M USD Point-in-time
Long-term liabilities - other - Note 11 OtherLiabilitiesNoncurrent $17.81M USD Point-in-time
Commitments and contingencies - Note 10 CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies - Note 10 CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.0001 par value, 1,000,000 shares authorized and no shares issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.0001 par value, 1,000,000 shares authorized and no shares issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized, 45,617,840 and 45,447,751 shares issued and outstanding at December 31, 2021 and 2020, respectively CommonStockValue $4.54K USD Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized, 45,617,840 and 45,447,751 shares issued and outstanding at December 31, 2021 and 2020, respectively CommonStockValue $4.56K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $161.53M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $159.58M USD Point-in-time
Retained Earnings RetainedEarningsAccumulatedDeficit $23.18M USD Point-in-time
Retained Earnings RetainedEarningsAccumulatedDeficit $85.66M USD Point-in-time
Total Pangaea Logistics Solutions Ltd. equity StockholdersEquity $247.20M USD Point-in-time
Total Pangaea Logistics Solutions Ltd. equity StockholdersEquity $182.77M USD Point-in-time
Non-controlling interests MinorityInterest $51.67M USD Point-in-time
Non-controlling interests MinorityInterest $53.48M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $234.43M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $243.07M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.68M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $707.02M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $450.40M USD Point-in-time
Income Statement 220 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $718.10M USD Annual
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $95.90M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $125.00M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $145.50M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $103.80M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $234.60M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $70.40M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $382.90M USD Annual
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $112.90M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $213.00M USD 1 Quarter
Voyage expense VoyageExpense $219.62M USD Annual
Voyage expense VoyageExpense $47.80M USD 1 Quarter
Voyage expense VoyageExpense $47.80M USD 1 Quarter
Voyage expense VoyageExpense $60.40M USD 1 Quarter
Voyage expense VoyageExpense $40.70M USD 1 Quarter
Voyage expense VoyageExpense $46.10M USD 1 Quarter
Voyage expense VoyageExpense $161.88M USD Annual
Voyage expense VoyageExpense $65.30M USD 1 Quarter
Voyage expense VoyageExpense $41.60M USD 1 Quarter
Voyage expense VoyageExpense $31.80M USD 1 Quarter
Charter hire expense CharterHireExpense $115.00M USD 1 Quarter
Charter hire expense CharterHireExpense $35.00M USD 1 Quarter
Charter hire expense CharterHireExpense $15.20M USD 1 Quarter
Charter hire expense CharterHireExpense $45.30M USD 1 Quarter
Charter hire expense CharterHireExpense $103.70M USD 1 Quarter
Charter hire expense CharterHireExpense $334.95M USD Annual
Charter hire expense CharterHireExpense $32.30M USD 1 Quarter
Charter hire expense CharterHireExpense $62.60M USD 1 Quarter
Charter hire expense CharterHireExpense $127.77M USD Annual
Charter hire expense CharterHireExpense $53.60M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $12.70M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $11.80M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $9.70M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $9.90M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $42.72M USD Annual
Vessel operating expenses VesselOperatingExpense $9.30M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $38.05M USD Annual
Vessel operating expenses VesselOperatingExpense $9.10M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $9.80M USD 1 Quarter
Vessel operating expenses VesselOperatingExpense $8.50M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.70M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $15.92M USD Annual
General and administrative GeneralAndAdministrativeExpense $3.90M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.40M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $18.97M USD Annual
General and administrative GeneralAndAdministrativeExpense $4.30M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.20M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.40M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $22.97M USD Annual
Depreciation and amortization DepreciationAmortizationAndAccretionNet $6.50M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $4.90M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $7.20M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $4.20M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $4.20M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $4.20M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $4.40M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $4.30M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $17.06M USD Annual
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges $1.80M USD Annual
Loss on impairment of vessels TangibleAssetImpairmentCharges $1.80M USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD Annual
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on impairment of vessels TangibleAssetImpairmentCharges - USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties $-300.00K USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties $-500.00K USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties $100.00K USD 1 Quarter
Loss on sale of vessels GainLossOnSaleOfProperties $-730.07K USD Annual
Loss on sale of vessels GainLossOnSaleOfProperties - USD Annual
Loss on sale of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Total operating expenses OperatingExpenses $118.60M USD 1 Quarter
Total operating expenses OperatingExpenses $66.60M USD 1 Quarter
Total operating expenses OperatingExpenses $104.60M USD 1 Quarter
Total operating expenses OperatingExpenses $187.50M USD 1 Quarter
Total operating expenses OperatingExpenses $639.23M USD Annual
Total operating expenses OperatingExpenses $93.80M USD 1 Quarter
Total operating expenses OperatingExpenses $98.20M USD 1 Quarter
Total operating expenses OperatingExpenses $203.80M USD 1 Quarter
Total operating expenses OperatingExpenses $129.40M USD 1 Quarter
Total operating expenses OperatingExpenses $363.20M USD Annual
Income from operations OperatingIncomeLoss $78.87M USD Annual
Income from operations OperatingIncomeLoss $25.50M USD 1 Quarter
Income from operations OperatingIncomeLoss $19.70M USD Annual
Income from operations OperatingIncomeLoss $30.80M USD 1 Quarter
Income from operations OperatingIncomeLoss $3.80M USD 1 Quarter
Income from operations OperatingIncomeLoss $8.30M USD 1 Quarter
Income from operations OperatingIncomeLoss $-2.30M USD 1 Quarter
Income from operations OperatingIncomeLoss $6.40M USD 1 Quarter
Income from operations OperatingIncomeLoss $10.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $16.10M USD 1 Quarter
Interest expense, net InterestExpenseDebt $1.80M USD 1 Quarter
Interest expense, net InterestExpenseDebt $10.33M USD Annual
Interest expense, net InterestExpenseDebt $2.00M USD 1 Quarter
Interest expense, net InterestExpenseDebt $2.60M USD 1 Quarter
Interest expense, net InterestExpenseDebt $2.40M USD 1 Quarter
Interest expense, net InterestExpenseDebt $3.30M USD 1 Quarter
Interest expense, net InterestExpenseDebt $2.10M USD 1 Quarter
Interest expense, net InterestExpenseDebt $7.65M USD Annual
Interest expense, net InterestExpenseDebt $2.00M USD 1 Quarter
Interest expense, net InterestExpenseDebt $2.00M USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $200.00K USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $300.00K USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $100.00K USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $300.00K USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty - USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $177.80K USD Annual
Interest expense, non-controlling interest InterestExpenseRelatedParty - USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty - USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $400.00K USD 1 Quarter
Interest expense, non-controlling interest InterestExpenseRelatedParty $1.18M USD Annual
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-9.80M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives - USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $5.30M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-2.90M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $6.30M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $1.40M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $3.89M USD Annual
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $2.00M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $1.40M USD 1 Quarter
Unrealized gain (loss) gain on derivative instruments UnrealizedGainLossOnDerivatives $-156.02K USD Annual
Other income OtherNonoperatingIncomeExpense $982.35K USD Annual
Other income OtherNonoperatingIncomeExpense $600.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $300.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $300.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $100.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $300.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $1.13M USD Annual
Other income OtherNonoperatingIncomeExpense - USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $-100.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $600.00K USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $3.20M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-4.50M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-13.20M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-600.00K USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $3.40M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-1.70M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-7.00M USD Annual
Total other expense, net NonoperatingIncomeExpense $100.00K USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-400.00K USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-6.50M USD Annual
Net income ProfitLoss $28.70M USD 1 Quarter
Net income ProfitLoss $8.30M USD 1 Quarter
Net income ProfitLoss $17.60M USD 1 Quarter
Net income ProfitLoss $12.69M USD Annual
Net income ProfitLoss $-6.80M USD 1 Quarter
Net income ProfitLoss $72.37M USD Annual
Net income ProfitLoss $19.50M USD 1 Quarter
Net income ProfitLoss $6.50M USD 1 Quarter
Net income ProfitLoss $3.30M USD 1 Quarter
Net income ProfitLoss $7.90M USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $700.00K USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $700.00K USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $300.00K USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.40M USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.34M USD Annual
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $300.00K USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $300.00K USD 1 Quarter
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.15M USD Annual
Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.70M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $11.35M USD Annual
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $-6.80M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $7.60M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $19.20M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $3.00M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $7.60M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $67.23M USD Annual
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $27.00M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $15.20M USD 1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd. NetIncomeLoss $5.80M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.13 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.17 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.26 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.34 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.07 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.53 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.17 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.16 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.44 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.61 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.60 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.50 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.34 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.16 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.43 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.07 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.26 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.13 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.17 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.42M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.49M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.97M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.49M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.00M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.45M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.34M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 43.34M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.34M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.69M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.69M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 43.51M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.93M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.55M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 43.82M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.85M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 43.45M shares 1 Quarter
Cash Flow Statement 111 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $28.70M USD 1 Quarter
Net income ProfitLoss $8.30M USD 1 Quarter
Net income ProfitLoss $17.60M USD 1 Quarter
Net income ProfitLoss $12.69M USD Annual
Net income ProfitLoss $-6.80M USD 1 Quarter
Net income ProfitLoss $72.37M USD Annual
Net income ProfitLoss $19.50M USD 1 Quarter
Net income ProfitLoss $6.50M USD 1 Quarter
Net income ProfitLoss $3.30M USD 1 Quarter
Net income ProfitLoss $7.90M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $22.97M USD Annual
Depreciation and amortization expense DepreciationDepletionAndAmortization $17.06M USD Annual
Amortization of deferred financing costs AmortizationOfDeferredFinancingCostsAndBankFees $662.44K USD Annual
Amortization of deferred financing costs AmortizationOfDeferredFinancingCostsAndBankFees $921.00K USD Annual
Amortization of prepaid rent Amortizationofprepaidrent $122.27K USD Annual
Amortization of prepaid rent Amortizationofprepaidrent $115.26K USD Annual
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $-9.80M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives - USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $5.30M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $-2.90M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $6.30M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $1.40M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $3.89M USD Annual
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $2.00M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $1.40M USD 1 Quarter
Unrealized (gain) loss on derivative instruments UnrealizedGainLossOnDerivatives $-156.02K USD Annual
Income from equity method investee IncomeLossFromEquityMethodInvestments $1.08M USD Annual
Income from equity method investee IncomeLossFromEquityMethodInvestments $1.13M USD Annual
Earnings attributable to non-controlling interest recorded as interest expense EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense $177.80K USD Annual
Earnings attributable to non-controlling interest recorded as interest expense EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense $1.18M USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $152.42K USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $1.56M USD Annual
Loss on impairment of vessels ImpairmentOfLongLivedAssetsHeldForUse $1.80M USD Annual
Loss on impairment of vessels ImpairmentOfLongLivedAssetsHeldForUse - USD Annual
Loss on sales of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties $-300.00K USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties $-500.00K USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties $100.00K USD 1 Quarter
Loss on sales of vessels GainLossOnSaleOfProperties $-730.07K USD Annual
Loss on sales of vessels GainLossOnSaleOfProperties - USD Annual
Loss on sales of vessels GainLossOnSaleOfProperties - USD 1 Quarter
Drydocking costs PaymentForDrydockingCosts $8.08M USD Annual
Drydocking costs PaymentForDrydockingCosts $5.86M USD Annual
Share-based compensation ShareBasedCompensation $2.10M USD Annual
Share-based compensation ShareBasedCompensation $2.31M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $26.67M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $995.17K USD Annual
Bunker inventory IncreaseDecreaseInInventories $-5.03M USD Annual
Bunker inventory IncreaseDecreaseInInventories $11.18M USD Annual
Advance hire, prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $24.94M USD Annual
Advance hire, prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-338.02K USD Annual
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities $-10.89M USD Annual
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities $16.98M USD Annual
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-1.58M USD Annual
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $19.41M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $61.75M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $20.84M USD Annual
Purchase of vessels and vessel improvements PaymentForPurchaseOfVessels $194.62M USD Annual
Purchase of vessels and vessel improvements PaymentForPurchaseOfVessels $2.89M USD Annual
Proceeds from sale of vessels ProceedsfromSaleofVessel - USD Annual
Proceeds from sale of vessels ProceedsfromSaleofVessel $11.67M USD Annual
Acquisition of non-controlling interest PaymentsToAcquireNonControllingInterest $15.00M USD Annual
Acquisition of non-controlling interest PaymentsToAcquireNonControllingInterest - USD Annual
Advances for Vessel Purchases / Investment in newbuildings in-process PaymentsforInvestmentInNewbuildingsInProcess $1.99M USD Annual
Advances for Vessel Purchases / Investment in newbuildings in-process PaymentsforInvestmentInNewbuildingsInProcess $33.45K USD Annual
Purchase of equipment and internal use software PaymentsToAcquireOtherPropertyPlantAndEquipment $42.96K USD Annual
Purchase of equipment and internal use software PaymentsToAcquireOtherPropertyPlantAndEquipment - USD Annual
Contribution Payments To Acquire Non-Controlling Interest ContributionPaymentsToAcquireNonControllingInterest $1.14M USD Annual
Contribution Payments To Acquire Non-Controlling Interest ContributionPaymentsToAcquireNonControllingInterest - USD Annual
Purchase of derivative instrument PaymentsForDerivativeInstrumentInvestingActivities - USD Annual
Purchase of derivative instrument PaymentsForDerivativeInstrumentInvestingActivities $628.00K USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-197.79M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-6.89M USD Annual
Proceeds from long-term debt ProceedsFromIssuanceOfSecuredDebt $18.00M USD Annual
Proceeds from long-term debt ProceedsFromIssuanceOfSecuredDebt $79.15M USD Annual
Payments of financing and issuance costs PaymentOfFinancingAndStockIssuanceCosts $2.05M USD Annual
Payments of financing and issuance costs PaymentOfFinancingAndStockIssuanceCosts $421.77K USD Annual
Payments of long-term debt RepaymentsOfSecuredDebt $61.96M USD Annual
Payments of long-term debt RepaymentsOfSecuredDebt $22.99M USD Annual
Proceeds from finance leases ProceedsFromFinanceLease - USD Annual
Proceeds from finance leases ProceedsFromFinanceLease $141.17M USD Annual
Payments on finance lease obligation FinanceLeasePrincipalPayments $9.92M USD Annual
Payments on finance lease obligation FinanceLeasePrincipalPayments $12.55M USD Annual
Repayments of Other Long-term Debt RepaymentsOfOtherLongTermDebt $2.50M USD Annual
Dividends paid to non-controlling interests PaymentsOfDividendsMinorityInterest - USD Annual
Dividends paid to non-controlling interests PaymentsOfDividendsMinorityInterest $3.33M USD Annual
Common stock accrued dividends paid PaymentsOfDividendsCommonStock $535.15K USD Annual
Common stock accrued dividends paid PaymentsOfDividendsCommonStock $5.54M USD Annual
Cash paid for incentive compensation shares relinquished EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards $-150.01K USD Annual
Cash paid for incentive compensation shares relinquished EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards $-238.36K USD Annual
Contributions from non-controlling interests ProceedsFromMinorityShareholders $322.75K USD Annual
Contributions from non-controlling interests ProceedsFromMinorityShareholders $9.18M USD Annual
Payments to non-controlling interest recorded as long-term liability PaymentsToMinorityShareholders $193.51K USD Annual
Payments to non-controlling interest recorded as long-term liability PaymentsToMinorityShareholders $195.60K USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $143.86M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-18.61M USD Annual
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $7.81M USD Annual
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-4.66M USD Annual
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $53.06M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $48.40M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $56.21M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $53.06M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $48.40M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $56.21M USD Point-in-time
Cash paid for interest InterestPaidNet $9.09M USD Annual
Cash paid for interest InterestPaidNet $7.15M USD Annual
Deferred consideration related to acquisition of non-controlling interest BusinessCombinationDeferredConsiderationTransferredNonControllingInterest - USD Annual
Deferred consideration related to acquisition of non-controlling interest BusinessCombinationDeferredConsiderationTransferredNonControllingInterest $7.50M USD Annual
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $234.43M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $243.07M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.68M USD Point-in-time
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.31M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.10M USD Annual
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests MinorityInterestDecreaseFromRedemptions $-22.50M USD Annual
Issuance of restricted shares, net of forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-150.01K USD Annual
Issuance of restricted shares, net of forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-238.36K USD Annual
Distribution to Non-Controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.33M USD Annual
Common Stock Dividend DividendsCommonStock $908.96K USD Annual
Common Stock Dividend DividendsCommonStock $4.74M USD Annual
Net income ProfitLoss $28.70M USD 1 Quarter
Net income ProfitLoss $8.30M USD 1 Quarter
Net income ProfitLoss $17.60M USD 1 Quarter
Net income ProfitLoss $12.69M USD Annual
Net income ProfitLoss $-6.80M USD 1 Quarter
Net income ProfitLoss $72.37M USD Annual
Net income ProfitLoss $19.50M USD 1 Quarter
Net income ProfitLoss $6.50M USD 1 Quarter
Net income ProfitLoss $3.30M USD 1 Quarter
Net income ProfitLoss $7.90M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $234.43M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $243.07M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.68M USD Point-in-time

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

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