10-Q Filing

Pangaea Logistics Solutions Ltd. CIK: 1606909 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001606909-22-000099`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	panl-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 88 Cash Flow Statement 92 Stockholders Equity 27

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$3.27M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$1.99M	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 (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.95M	USD	Point-in-time
Preferred stock, shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable (net of allowance of $3,273,083 and $1,990,459 at September 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$42.34M	USD	Point-in-time
Preferred stock, shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable (net of allowance of $3,273,083 and $1,990,459 at September 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$54.26M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Bunker inventory	`InventoryNet`	$30.65M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Bunker inventory	`InventoryNet`	$27.15M	USD	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.35M	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
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.74M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$222.69M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$183.96M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.62M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$471.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.92M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$465.14M	USD	Point-in-time
Advances for vessel purchases	`InvestmentInNewbuildingsInProcess`	$1.99M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.92M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.62M	shares	Point-in-time
Advances for vessel purchases	`InvestmentInNewbuildingsInProcess`	$1.71M	USD	Point-in-time
Finance lease right of use assets, net	`FinanceLeaseRightOfUseAsset`	$45.20M	USD	Point-in-time
Finance lease right of use assets, net	`FinanceLeaseRightOfUseAsset`	$44.88M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.96M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$4.50M	USD	Point-in-time
Total assets	`Assets`	$738.91M	USD	Point-in-time
Total assets	`Assets`	$707.02M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$44.49M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$49.15M	USD	Point-in-time
Related party notes payable	`DueToRelatedPartiesCurrent`	$242.85K	USD	Point-in-time
Related party notes payable	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$32.21M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$17.23M	USD	Point-in-time
Current portion of secured long-term debt	`OtherLongTermDebtCurrent`	$15.44M	USD	Point-in-time
Current portion of secured long-term debt	`OtherLongTermDebtCurrent`	$12.92M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$16.26M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$14.48M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$14.48M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$197.74K	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$213.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$111.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.10M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$105.84M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$96.45M	USD	Point-in-time
Long-term portion	`FinanceLeaseLiabilityNoncurrent`	$170.96M	USD	Point-in-time
Long-term portion	`FinanceLeaseLiabilityNoncurrent`	$172.50M	USD	Point-in-time
Long-term portion	`FinanceLeaseLiabilityNoncurrent`	$170.96M	USD	Point-in-time
Long-term liabilities - other - Note 10	`OtherLiabilitiesNoncurrent`	$21.27M	USD	Point-in-time
Long-term liabilities - other - Note 10	`OtherLiabilitiesNoncurrent`	$17.81M	USD	Point-in-time
Long-term liabilities - other - Note 10	`OtherLiabilitiesNoncurrent`	$10.14M	USD	Point-in-time
Commitments and contingencies - Note 9	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 9	`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; 45,922,692 shares issued and outstanding at September 30, 2022; 45,617,840 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$4.59K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 45,922,692 shares issued and outstanding at September 30, 2022; 45,617,840 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$4.56K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$161.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$162.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$140.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$85.66M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$303.41M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$247.20M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$54.19M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$53.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$284.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$300.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$234.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$256.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$357.60M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$707.02M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$738.91M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$213.03M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.48M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$571.78M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$483.55M	USD	3 Qtrs
Voyage expense	`VoyageExpense`	$74.72M	USD	1 Quarter
Voyage expense	`VoyageExpense`	$207.87M	USD	3 Qtrs
Voyage expense	`VoyageExpense`	$154.36M	USD	3 Qtrs
Voyage expense	`VoyageExpense`	$60.41M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$103.72M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$50.75M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$194.18M	USD	3 Qtrs
Charter hire expense	`CharterHireExpense`	$219.96M	USD	3 Qtrs
Vessel operating expense	`VesselOperatingExpense`	$41.48M	USD	3 Qtrs
Vessel operating expense	`VesselOperatingExpense`	$15.36M	USD	1 Quarter
Vessel operating expense	`VesselOperatingExpense`	$11.75M	USD	1 Quarter
Vessel operating expense	`VesselOperatingExpense`	$30.02M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.78M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.44M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.68M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$16.45M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$7.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$7.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$21.96M	USD	3 Qtrs
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	-	USD	3 Qtrs
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	$3.01M	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Loss on sale of vessels	`GainLossOnSaleOfProperties`	-	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-318.03K	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Total expenses	`OperatingExpenses`	$435.47M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$153.97M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$187.49M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$485.01M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$30.51M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$48.08M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$86.77M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$25.54M	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$4.12M	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$11.12M	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$2.42M	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$6.99M	USD	3 Qtrs
Income attributable to Non-controlling interest recorded as long-term liability interest expense	`InterestExpenseRelatedParty`	$2.42M	USD	1 Quarter
Income attributable to Non-controlling interest recorded as long-term liability interest expense	`InterestExpenseRelatedParty`	$325.74K	USD	1 Quarter
Income attributable to Non-controlling interest recorded as long-term liability interest expense	`InterestExpenseRelatedParty`	$5.96M	USD	3 Qtrs
Income attributable to Non-controlling interest recorded as long-term liability interest expense	`InterestExpenseRelatedParty`	$775.49K	USD	3 Qtrs
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$-510.09K	USD	3 Qtrs
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$13.67M	USD	3 Qtrs
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$-4.51M	USD	1 Quarter
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$5.34M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$517.12K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$550.78K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$298.68K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$801.74K	USD	3 Qtrs
Total other (expense) income, net	`NonoperatingIncomeExpense`	$6.70M	USD	3 Qtrs
Total other (expense) income, net	`NonoperatingIncomeExpense`	$3.15M	USD	1 Quarter
Total other (expense) income, net	`NonoperatingIncomeExpense`	$-17.08M	USD	3 Qtrs
Total other (expense) income, net	`NonoperatingIncomeExpense`	$-10.75M	USD	1 Quarter
Net income	`ProfitLoss`	$19.76M	USD	1 Quarter
Net income	`ProfitLoss`	$54.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$69.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$28.70M	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.70M	USD	3 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.71M	USD	3 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.61K	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$18.79M	USD	1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$52.08M	USD	3 Qtrs
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$27.00M	USD	1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$63.99M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.18	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.44	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.43	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.16	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.99M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.39M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.70M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.62M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.93M	shares	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$19.76M	USD	1 Quarter
Net income	`ProfitLoss`	$54.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$69.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$28.70M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$16.45M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$21.96M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$764.90K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$676.11K	USD	3 Qtrs
Amortization of prepaid rent	`AmortizationofPrepaidRent1`	$86.44K	USD	3 Qtrs
Amortization of prepaid rent	`AmortizationofPrepaidRent1`	$91.45K	USD	3 Qtrs
Unrealized loss (gain) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-510.09K	USD	3 Qtrs
Unrealized loss (gain) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$13.67M	USD	3 Qtrs
Unrealized loss (gain) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-4.51M	USD	1 Quarter
Unrealized loss (gain) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$5.34M	USD	1 Quarter
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	$517.12K	USD	3 Qtrs
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	$801.74K	USD	3 Qtrs
Earnings attributable to non-controlling interest recorded as other long term liability	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$1.18M	USD	1 Quarter
Earnings attributable to non-controlling interest recorded as other long term liability	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$5.96M	USD	3 Qtrs
Earnings attributable to non-controlling interest recorded as other long term liability	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$775.49K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$193.86K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.28M	USD	3 Qtrs
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	-	USD	3 Qtrs
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Loss on impairment of vessels	`TangibleAssetImpairmentCharges`	$3.01M	USD	3 Qtrs
Loss on sale of vessel	`GainLossOnSaleOfOtherAssets`	-	USD	3 Qtrs
Loss on sale of vessel	`GainLossOnSaleOfOtherAssets`	$-318.03K	USD	3 Qtrs
Drydocking costs	`PaymentForDrydockingCosts`	$5.97M	USD	3 Qtrs
Drydocking costs	`PaymentForDrydockingCosts`	$7.62M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.46M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.73M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.34M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.63M	USD	3 Qtrs
Bunker inventory	`IncreaseDecreaseInInventories`	$3.50M	USD	3 Qtrs
Bunker inventory	`IncreaseDecreaseInInventories`	$8.92M	USD	3 Qtrs
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-14.10M	USD	3 Qtrs
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$19.15M	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$-2.95M	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$18.49M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.99M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-14.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$101.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$42.68M	USD	3 Qtrs
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$18.37M	USD	3 Qtrs
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$159.71M	USD	3 Qtrs
Write off (Purchase) of fixed assets and equipment	`PaymentsToAcquireAndWriteOffOfProductiveAssets`	$-187.64K	USD	3 Qtrs
Write off (Purchase) of fixed assets and equipment	`PaymentsToAcquireAndWriteOffOfProductiveAssets`	$137.87K	USD	3 Qtrs
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	-	USD	3 Qtrs
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	$8.40M	USD	3 Qtrs
Contributions to non-consolidated subsidiaries	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Contributions to non-consolidated subsidiaries	`PaymentsToAcquireEquityMethodInvestments`	$18.50K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.51M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-159.85M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfSecuredDebt`	$79.15M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Payments of financing fees and debt issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$331.32K	USD	3 Qtrs
Payments of financing fees and debt issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$1.99M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$58.61M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$12.22M	USD	3 Qtrs
Proceeds from finance leases	`ProceedsFromFinanceLease`	$109.13M	USD	3 Qtrs
Proceeds from finance leases	`ProceedsFromFinanceLease`	$15.00M	USD	3 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$6.48M	USD	3 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$11.81M	USD	3 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$3.33M	USD	3 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$5.00M	USD	3 Qtrs
Accrued common stock dividends paid	`PaymentsOfDividendsCommonStock`	$8.97M	USD	3 Qtrs
Accrued common stock dividends paid	`PaymentsOfDividendsCommonStock`	$3.99M	USD	3 Qtrs
Cash paid for incentive compensation shares relinquished	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$129.19K	USD	3 Qtrs
Cash paid for incentive compensation shares relinquished	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$287.63K	USD	3 Qtrs
Contributions from non-controlling interest recorded as long-term liability	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Contributions from non-controlling interest recorded as long-term liability	`ProceedsFromMinorityShareholders`	$9.18M	USD	Annual
Contributions from non-controlling interest recorded as long-term liability	`ProceedsFromMinorityShareholders`	$6.90M	USD	3 Qtrs
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$195.60K	USD	Annual
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$195.60K	USD	3 Qtrs
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.62M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$117.94M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$61.74M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$767.22K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.21M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.21M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.16M	USD	Point-in-time
Advance Payment for Vessel Purchase [Domain]	`AdvancePaymentForVesselPurchase`	$-1.71M	USD	3 Qtrs
Advance Payment for Vessel Purchase [Domain]	`AdvancePaymentForVesselPurchase`	-	USD	3 Qtrs
Payments of other long-term liabilities	`RepaymentsOfOtherLongTermDebt`	$2.50M	USD	1 Quarter
Payments of other long-term liabilities	`RepaymentsOfOtherLongTermDebt`	$2.50M	USD	3 Qtrs
Payments of other long-term liabilities	`RepaymentsOfOtherLongTermDebt`	$5.00M	USD	3 Qtrs

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$284.40M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$300.68M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$234.43M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$256.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$357.60M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.46M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$369.22K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$319.19K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.73M	USD	3 Qtrs
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-129.19K	USD	3 Qtrs
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-287.63K	USD	3 Qtrs
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Distribution to Non-Controlling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.33M	USD	3 Qtrs
Distribution to Non-Controlling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	3 Qtrs
Common Stock Dividend	`DividendsCommonStock`	$3.09M	USD	3 Qtrs
Common Stock Dividend	`DividendsCommonStock`	$1.54M	USD	1 Quarter
Net Income	`ProfitLoss`	$19.76M	USD	1 Quarter
Net Income	`ProfitLoss`	$54.78M	USD	3 Qtrs
Net Income	`ProfitLoss`	$69.70M	USD	3 Qtrs
Net Income	`ProfitLoss`	$28.70M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$284.40M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$300.68M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$234.43M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$256.88M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$357.60M	USD	Point-in-time

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