Quarterly
Annual
| Unit: USD | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2016-03-31 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 104,589,000 | 82,606,000 | 101,406,000 | 105,198,000 | 151,441,000 | 185,313,000 | 198,695,000 | 184,398,000 | 184,722,200 | 183,392,700 | 129,850,586 | 96,572,168 | 75,181,143 | 68,182,301 | 57,391,784 | 74,378,319 | 71,486,350 | 74,110,376 | 69,391,315 | 77,389,597 | 86,692,209 | 69,092,740 | 74,938,700 | 79,370,609 | 74,587,441 | 62,710,903 | 21,278,288 | |||||||||||||||||||||
voyage expenses | 23,949,000 | 23,791,000 | 25,471,000 | 33,475,000 | 42,675,000 | 40,792,000 | 36,290,000 | 43,627,000 | 23,232,476 | 30,272,949 | 24,522,734 | 26,614,919 | 19,588,771 | 19,627,919 | 23,767,747 | 26,564,358 | 21,441,817 | 19,446,294 | 20,907,155 | 25,906,140 | 24,720,609 | 15,126,287 | 17,204,964 | 22,514,592 | 18,155,542 | 17,462,699 | 9,244,047 | 7,017,793 | 8,403,814 | 11,995,164 | 8,125,284 | 15,821,512 | 2,288,326 | 1,438,521 | ||||||||||||||
vessel operating expenses | 29,384,000 | 28,822,000 | 30,998,000 | 31,257,000 | 35,719,000 | 33,091,000 | 27,207,000 | 27,915,000 | 30,552,815 | 28,125,682 | 23,679,665 | 21,518,439 | ||||||||||||||||||||||||||||||||||||
charter hire expenses | 5,520,000 | 6,868,000 | 11,726,000 | 12,420,000 | 17,335,000 | 19,772,000 | 21,285,000 | 22,711,000 | 11,728,191 | 10,723,737 | 6,169,544 | 8,480,220 | 5,459,415 | 5,060,503 | 4,719,367 | 6,040,939 | 8,151,640 | 11,345,615 | 11,179,480 | 11,491,906 | 10,209,535 | 7,459,921 | 10,108,258 | 10,268,064 | 11,312,576 | 9,652,468 | 1,488,518 | 590,484 | 3,202,586 | 11,058,796 | 11,029,811 | 15,924,682 | 7,144,697 | 2,837,980 | ||||||||||||||
depreciation and amortization | 15,486,000 | 15,472,000 | 14,831,000 | 14,732,000 | 15,914,000 | 15,407,000 | 15,254,000 | 14,580,000 | 14,330,028 | 13,570,361 | 13,110,597 | 12,506,386 | 12,569,670 | 12,617,803 | 12,503,191 | 12,466,483 | 11,321,536 | 10,055,938 | 9,761,322 | 9,407,108 | 9,708,395 | 9,460,192 | 9,272,460 | 9,276,415 | 9,196,289 | 8,980,992 | 9,396,701 | 19,433,357 | 19,624,596 | 18,660,293 | 17,640,372 | 17,158,844 | 16,508,188 | 17,193,853 | 15,537,068 | 13,706,370 | 12,000,856 | 11,094,238 | 10,943,247 | 10,290,916 | 10,229,942 | 8,991,877 | 7,390,982 | 7,336,039 | 7,356,135 | 7,241,927 | 6,046,953 | |
general and administrative expenses | 10,715,000 | 10,652,000 | 11,269,000 | 10,950,000 | 11,573,000 | 9,666,000 | 9,891,000 | 10,054,000 | 11,601,672 | 7,948,037 | 7,912,970 | 7,698,210 | 8,807,919 | 7,995,715 | 6,767,403 | 7,961,072 | 10,140,435 | 8,450,831 | 8,040,811 | 8,409,919 | 8,464,401 | 8,882,790 | 8,895,505 | 9,913,964 | 8,136,572 | 8,620,938 | 5,331,343 | 10,634,660 | 7,341,025 | 8,283,432 | 8,038,757 | 13,896,425 | 9,183,354 | 10,993,761 | 10,479,379 | 9,487,423 | 6,929,762 | 7,839,942 | 9,041,185 | 8,903,028 | 18,088,230 | 6,666,748 | 4,762,933 | 5,049,159 | 2,731,760 | 1,570,980 | 1,573,174 | |
impairment of operating lease right-of-use assets | 722,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other operating expense | 6,486,000 | 677,000 | 93,000 | 90,000 | 1,159,000 | 2,469,000 | 41,000 | 133,000 | 500,599 | 791,572 | 559,128 | 961,116 | ||||||||||||||||||||||||||||||||||||
gain on sale of vessels | -4,855,000 | -11,558,000 | 65,913 | -971,129 | -966,802 | -4,106,547 | -85,192 | -235,695 | -105,073 | |||||||||||||||||||||||||||||||||||||||
total operating expenses | 91,540,000 | 81,427,000 | 83,552,000 | 99,606,000 | 126,615,000 | 111,861,000 | 109,968,000 | 119,020,000 | 91,941,504 | 87,470,245 | 75,954,638 | 77,779,290 | 67,373,342 | 67,439,678 | 68,342,350 | 76,732,961 | 74,582,670 | 68,281,229 | 68,880,374 | 71,202,232 | 73,220,074 | 60,262,456 | 65,953,230 | 73,051,692 | 67,999,398 | 64,624,733 | 57,742,766 | 60,118,356 | 60,857,843 | 72,507,439 | 66,123,996 | 82,274,862 | 57,502,628 | 51,248,337 | 42,069,392 | 38,556,526 | 31,592,816 | 30,428,069 | 32,918,240 | 32,265,141 | 43,539,354 | 25,002,973 | 19,750,394 | 20,376,459 | 18,234,292 | 15,580,744 | 14,601,064 | |
operating income | 13,049,000 | 1,179,000 | 17,854,000 | 5,592,000 | 56,889,000 | 73,452,000 | 88,727,000 | 65,378,000 | 3,131,863 | 5,829,147 | 510,941 | 6,187,365 | 6,588,043 | -1,913,830 | -36,464,478 | -7,501,956 | 9,153,056 | 7,815,930 | 10,281,392 | 4,417,913 | 14,851,290 | 21,577,246 | 23,543,448 | 15,687,199 | 10,431,201 | 11,123,736 | 20,103,098 | 23,712,525 | 16,423,147 | 26,550,259 | 17,472,806 | 16,309,557 | 17,378,229 | 18,374,960 | 13,736,983 | |||||||||||||
yoy | -77.06% | -98.39% | -79.88% | -91.45% | -28.02% | -124.49% | -454.66% | -269.81% | -38.37% | -63.78% | -56.33% | -71.84% | 42.37% | 93.97% | 17.11% | -33.84% | -36.48% | -58.10% | 15.05% | 45.39% | -5.50% | 44.49% | 27.20% | |||||||||||||||||||||||||
qoq | 1006.79% | -93.40% | 219.28% | -90.17% | -22.55% | -17.22% | 35.71% | -46.27% | 1040.86% | -91.74% | -444.23% | -94.75% | 386.07% | -181.96% | 17.11% | -23.98% | 132.72% | -70.25% | -31.17% | -8.35% | 50.08% | 50.39% | -6.23% | -44.67% | -15.22% | 44.38% | -38.14% | 51.95% | 7.13% | -6.15% | -5.42% | 33.76% | ||||||||||||||||
operating margin % | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 7,597,000 | 7,714,000 | 4,434,000 | 3,857,000 | 3,960,000 | 4,236,000 | 4,338,000 | 4,447,000 | 6,695,111 | 8,511,117 | 8,799,137 | 8,251,421 | 8,509,529 | 8,954,200 | 8,737,079 | 9,191,815 | 8,965,038 | 8,117,293 | 6,733,156 | 6,762,003 | 6,520,625 | 6,574,826 | 6,387,011 | 6,261,069 | 8,236,248 | 7,836,999 | 2,817,646 | 10,960,910 | 11,370,603 | 12,390,455 | 11,672,428 | 11,336,479 | 11,668,049 | 13,432,885 | 12,607,754 | 11,176,987 | 8,308,289 | 7,294,151 | 6,815,853 | 6,486,317 | 5,302,645 | 3,714,458 | 3,449,217 | 3,350,253 | 2,951,565 | 3,476,977 | 3,160,439 | |
interest income | -1,565,000 | -1,488,000 | -1,815,000 | -1,836,000 | -1,818,000 | -881,000 | -174,000 | -45,000 | -38,702 | -19,533 | -15,529 | -17,769 | -20,532 | -23,644 | -56,132 | -156,857 | -399,624 | -640,220 | -393,164 | -434,318 | -247,920 | -130,020 | -111,952 | -95,276 | -132,690 | -142,940 | -3,454 | -8,038 | -7,077 | -35,796 | -29,464 | -57,670 | -148,118 | -81,792 | -76,227 | -63,422 | -67,782 | -65,965 | -60,290 | -10,573 | -128,451 | -385,816 | -882,541 | -1,386,506 | -1,902,939 | -603,912 | -1,348,151 | |
realized and unrealized loss/(gain) on derivative instruments | -579,500 | 104,000 | -7,344,053 | 8,990,568 | 35,887,315 | 709,916 | -1,007,668.5 | 2,971,353 | 859,814 | |||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | -4,000 | 4,173,000 | 5,986,061 | 99,033 | 2,268,452 | |||||||||||||||||||||||||||||||||||||||||||
total other income/(income) | 2,137,000 | 6,330,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net (loss)/income | 4,019,250 | -5,151,000 | -3,527,759 | -11,171,453 | -4,562,989 | -5,992,156 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 11,090,064,000 | 9,313,051,000 | 12,734,230,000 | 13,053,117,000 | 12,989,951,000 | 12,993,450,000 | 12,988,200,000 | 12,974,125,000 | 12,802,401 | 10,279,698 | 71,945,621 | 71,869,152 | 71,365,618 | 71,349,895 | 71,348,524 | 71,283,301 | 70,665,212 | 70,649,556 | 70,515,320 | 70,452,814 | 69,182,302 | 70,329,252 | 37,829,257 | 63,003,286 | 62,621,771 | 62,652,724 | 62,571,322 | 62,560,436 | 62,204,443 | 62,224,675 | 62,176,684 | 62,126,665 | 55,897,946 | 61,976,794 | 52,252,714 | 47,031,300 | 46,800,550 | 46,770,486 | 46,763,160 | 46,752,538 | 42,064,911 | 42,209,617 | 41,713,820 | |||||
diluted | 14,473,631,000 | 9,313,051,000 | 16,058,606,000 | 13,148,244,000 | 16,313,447,000 | 16,201,852,000 | 16,376,517,000 | 16,254,898,000 | 15,936,374 | 10,279,698 | 71,945,621 | 71,869,152 | 71,365,618 | 71,349,895 | 71,348,524 | 72,070,868 | 71,802,173 | 72,356,655 | 72,086,980 | 71,531,864 | 69,182,302 | 70,329,252 | 37,829,257 | 63,003,286 | 62,621,771 | 62,652,724 | 62,571,322 | 62,560,436 | 62,417,247 | 62,442,046 | 62,336,774 | 62,282,017 | 55,923,308 | 61,986,752 | 52,295,221 | 47,031,300 | 46,888,788 | 47,066,254 | 47,123,585 | 46,925,494 | 42,195,561 | 42,365,252 | 41,811,854 | |||||
per share amounts: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic net (loss)/income | 0.345 | -0.55 | -0.05 | -0.15 | -0.06 | -0.08 | ||||||||||||||||||||||||||||||||||||||||||
diluted net (loss)/income | 0.34 | -0.55 | -0.05 | -0.15 | -0.06 | -0.08 | ||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gain on derivative instruments | -2,791,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total other (income)/expense | -172,000 | 703,250 | -3,765,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income | 18,026,000 | 3,202,000 | 56,185,750 | 77,217,000 | 94,453,000 | 53,073,000 | -8,794,593 | -11,159,286 | -20,491,327 | 29,483 | -16,584,425 | -10,255,346 | -39,278,670 | -17,433,529 | -1,698,979 | -5,872,211 | -1,438,278 | -5,810,281 | 3,032,941 | 8,226,153 | 11,011,921 | 4,573,634 | 2,190,694 | 512,261 | 13,347,535 | 17,236,781 | 9,159,252 | 23,221,617 | 14,906,130 | 14,345,810 | 16,329,603 | 15,501,895 | 11,924,695 | |||||||||||||||
yoy | -80.92% | -93.97% | 876.14% | 74.64% | 2630.95% | 200.05% | -156.02% | -171.38% | -113.06% | -227.04% | 38.45% | 1505.85% | -17.50% | -73.47% | -76.08% | -97.79% | -10.46% | 20.15% | -43.91% | 49.80% | 25.00% | |||||||||||||||||||||||||||
qoq | 462.96% | -94.30% | -27.24% | -18.25% | 77.97% | -21.19% | -45.54% | 61.71% | -73.89% | 125.31% | 926.12% | -71.07% | 308.28% | -75.25% | -291.57% | -63.13% | -25.30% | 140.77% | 108.78% | 327.65% | -96.16% | -22.56% | 88.19% | -60.56% | 55.79% | 3.91% | -12.15% | 5.34% | 30.00% | |||||||||||||||||||
net income margin % | ||||||||||||||||||||||||||||||||||||||||||||||||
basic net income | 1.42 | 0.25 | 4.328 | 5.94 | 7.27 | 4.09 | -0.855 | -1.09 | -0.28 | -0.23 | -0.15 | -1.04 | -0.28 | -0.03 | -0.09 | -0.02 | -0.09 | 0.05 | 0.13 | 0.18 | 0.07 | 0.02 | 0.01 | 0.26 | 0.37 | 0.2 | 0.5 | 0.32 | 0.31 | 0.35 | 0.37 | 0.29 | ||||||||||||||||
diluted net income | 1.21 | 0.24 | 3.465 | 4.77 | 5.77 | 3.27 | -0.855 | -1.09 | -0.28 | -0.23 | -0.15 | -1.04 | -0.28 | -0.03 | -0.09 | -0.02 | -0.09 | 0.05 | 0.13 | 0.18 | 0.07 | 0.145 | 0.01 | 0.26 | 0.37 | 0.2 | 0.49 | 0.32 | 0.31 | 0.36 | 0.37 | 0.29 | ||||||||||||||||
gain on sale of vessel | -3,318,000 | -2,334,000 | -9,336,000 | |||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized loss on derivative instruments | 369,000 | 7,903,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total other income | 2,390,000 | -5,726,000 | 12,305,000 | 5,298,417 | 17,581,185 | 44,670,923 | 8,943,568 | 7,692,897 | 11,901,909 | 9,540,761 | 1,173,117 | 8,075,133 | 10,392,136 | 6,503,097 | 6,157,882 | 6,985,785 | 6,245,462 | 5,534,703 | 6,266,172 | 23,172,468 | 8,341,516 | 2,814,192 | 9,931,573 | 10,852,035 | 13,688,141 | 11,719,670 | 10,228,194 | |||||||||||||||||||||
realized and unrealized (gain)/loss on derivative instruments | -578,000 | -11,293,000 | -9,890,000 | -7,861,841 | ||||||||||||||||||||||||||||||||||||||||||||
operating lease impairment | 88,092 | 352,368 | ||||||||||||||||||||||||||||||||||||||||||||||
(gain)/loss on sale of vessel | -990,523.25 | -3,962,093 | ||||||||||||||||||||||||||||||||||||||||||||||
operating income/ | 92,780,696 | 95,922,455 | 53,895,948 | 18,792,878 | -3,140,646.25 | 742,623 | 13,472,135 | 8,830,284 | 8,985,470 | 6,318,917 | ||||||||||||||||||||||||||||||||||||||
net income/ | 87,482,279 | 78,341,270 | 9,225,025 | 9,849,310 | 6,486,350 | 2,584,822 | 3,450,767 | 52,745 | ||||||||||||||||||||||||||||||||||||||||
per share amounts | ||||||||||||||||||||||||||||||||||||||||||||||||
basic income/ | 1.99 | 6.12 | 0.023 | 0.04 | 0.05 | 0 | ||||||||||||||||||||||||||||||||||||||||||
diluted income/ | 1.585 | 4.92 | 0.02 | 0.04 | 0.05 | 0 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding*: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic* | 12,168,180 | 11,729,492 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted* | 12,397,156 | 11,744,568 | ||||||||||||||||||||||||||||||||||||||||||||||
per share amounts*: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic income/(loss)* | 0.76 | 0.84 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted income/(loss)* | 0.74 | 0.84 | ||||||||||||||||||||||||||||||||||||||||||||||
vessel expenses | 16,420,228.25 | 21,748,531 | 20,232,274 | 23,700,109 | 22,336,329 | 19,953,680 | 19,958,408 | 20,093,706 | 20,111,526 | 19,568,961 | 20,577,116 | 21,078,657 | 21,232,800 | 20,110,123 | 20,480,635 | 22,442,062 | 22,285,822 | 22,000,678 | 21,289,772 | 19,473,399 | 22,378,063 | 19,075,233 | 16,052,945 | 15,362,733 | 12,662,198 | 11,493,889 | 12,933,808 | 13,071,197 | 11,338,294 | 9,344,348 | 7,596,479 | 7,991,261 | 7,393,813 | 6,647,223 | 6,856,581 | |||||||||||||
loss/(gain) on sale of vessels | 100,565 | 389,207 | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding*: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 11,090,064,000 | 9,313,051,000 | 12,734,230,000 | 13,053,117,000 | 12,989,951,000 | 12,993,450,000 | 12,988,200,000 | 12,974,125,000 | 12,802,401 | 10,279,698 | 71,945,621 | 71,869,152 | 71,365,618 | 71,349,895 | 71,348,524 | 71,283,301 | 70,665,212 | 70,649,556 | 70,515,320 | 70,452,814 | 69,182,302 | 70,329,252 | 37,829,257 | 63,003,286 | 62,621,771 | 62,652,724 | 62,571,322 | 62,560,436 | 62,204,443 | 62,224,675 | 62,176,684 | 62,126,665 | 55,897,946 | 61,976,794 | 52,252,714 | 47,031,300 | 46,800,550 | 46,770,486 | 46,763,160 | 46,752,538 | 42,064,911 | 42,209,617 | 41,713,820 | |||||
diluted | 14,473,631,000 | 9,313,051,000 | 16,058,606,000 | 13,148,244,000 | 16,313,447,000 | 16,201,852,000 | 16,376,517,000 | 16,254,898,000 | 15,936,374 | 10,279,698 | 71,945,621 | 71,869,152 | 71,365,618 | 71,349,895 | 71,348,524 | 72,070,868 | 71,802,173 | 72,356,655 | 72,086,980 | 71,531,864 | 69,182,302 | 70,329,252 | 37,829,257 | 63,003,286 | 62,621,771 | 62,652,724 | 62,571,322 | 62,560,436 | 62,417,247 | 62,442,046 | 62,336,774 | 62,282,017 | 55,923,308 | 61,986,752 | 52,295,221 | 47,031,300 | 46,888,788 | 47,066,254 | 47,123,585 | 46,925,494 | 42,195,561 | 42,365,252 | 41,811,854 | |||||
operating (loss)/income | -10,950,566 | -2,354,642 | ||||||||||||||||||||||||||||||||||||||||||||||
other income/ | -490,281 | 2,915,063 | 163,105 | |||||||||||||||||||||||||||||||||||||||||||||
other (income)/expense | -2,438,255 | |||||||||||||||||||||||||||||||||||||||||||||||
other income / | -209,830.25 | -199,344 | ||||||||||||||||||||||||||||||||||||||||||||||
other income | -740,356 | 100,379 | -1,021,299 | 89,893.25 | 1,333,482 | 76,706 | -1,050,615 | |||||||||||||||||||||||||||||||||||||||||
refinancing expenses | 5,634,260 | |||||||||||||||||||||||||||||||||||||||||||||||
loss / (gain) on sale of vessels | -525,096.5 | -202,487 | ||||||||||||||||||||||||||||||||||||||||||||||
vessel impairment | 6,167,262 | |||||||||||||||||||||||||||||||||||||||||||||||
other (income) / expense | -34,551.5 | 647,457 | ||||||||||||||||||||||||||||||||||||||||||||||
revenues, net of commissions | 52,616,400 | 70,010,899 | 80,323,369 | 76,405,388 | 86,692,775 | 72,353,918 | 72,825,583 | 65,612,840 | 54,243,725 | 42,024,017 | 41,551,805 | 53,021,338 | 55,977,666 | 59,962,501 | 51,553,232 | 37,223,200 | 36,686,016 | 35,612,521 | 33,955,704 | 28,338,047 | ||||||||||||||||||||||||||||
weighted-average shares outstanding : | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 11,090,064,000 | 9,313,051,000 | 12,734,230,000 | 13,053,117,000 | 12,989,951,000 | 12,993,450,000 | 12,988,200,000 | 12,974,125,000 | 12,802,401 | 10,279,698 | 71,945,621 | 71,869,152 | 71,365,618 | 71,349,895 | 71,348,524 | 71,283,301 | 70,665,212 | 70,649,556 | 70,515,320 | 70,452,814 | 69,182,302 | 70,329,252 | 37,829,257 | 63,003,286 | 62,621,771 | 62,652,724 | 62,571,322 | 62,560,436 | 62,204,443 | 62,224,675 | 62,176,684 | 62,126,665 | 55,897,946 | 61,976,794 | 52,252,714 | 47,031,300 | 46,800,550 | 46,770,486 | 46,763,160 | 46,752,538 | 42,064,911 | 42,209,617 | 41,713,820 | |||||
diluted | 14,473,631,000 | 9,313,051,000 | 16,058,606,000 | 13,148,244,000 | 16,313,447,000 | 16,201,852,000 | 16,376,517,000 | 16,254,898,000 | 15,936,374 | 10,279,698 | 71,945,621 | 71,869,152 | 71,365,618 | 71,349,895 | 71,348,524 | 72,070,868 | 71,802,173 | 72,356,655 | 72,086,980 | 71,531,864 | 69,182,302 | 70,329,252 | 37,829,257 | 63,003,286 | 62,621,771 | 62,652,724 | 62,571,322 | 62,560,436 | 62,417,247 | 62,442,046 | 62,336,774 | 62,282,017 | 55,923,308 | 61,986,752 | 52,295,221 | 47,031,300 | 46,888,788 | 47,066,254 | 47,123,585 | 46,925,494 | 42,195,561 | 42,365,252 | 41,811,854 | |||||
gain from sale of vessel | 127,269 | 509,076 | -72,752.75 | -291,011 | ||||||||||||||||||||||||||||||||||||||||||||
write-off of deferred financing costs | 3,383,289 | |||||||||||||||||||||||||||||||||||||||||||||||
net interest expense | 9,249,046.25 | 13,351,093 | 12,531,527 | 11,113,565 | 8,240,507 | 10,611,475 | 6,755,563 | 6,475,744 | 7,263,895 | 3,328,642 | 2,566,676 | 1,963,747 | 1,048,626 | 2,873,065 | 1,812,288 | |||||||||||||||||||||||||||||||||
cash dividends declared and paid | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.47 | 0.5 | |||||||||||||||||||||||||||||||||||||||||
non-cash compensation expense | 752,584 | 120,614 | 124,356 |
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