Navigator Holdings Ltd(NYSE:NVGS) 
Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. The company provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. As of De...
Website: http://www.navigatorgas.com
Founded: 1997
Full Time Employees: 83
Sector: Energy
Industry: Oil & Gas Midstream
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-05-22 | 2023-03-31 | 2023-03-20 | 2022-12-31 | 2022-11-15 | 2022-09-30 | 2022-08-18 | 2022-06-30 | 2022-05-23 | 2022-03-31 | 2022-03-10 | 2021-12-31 | 2021-11-29 | 2021-08-16 | 2021-06-30 | 2021-06-10 | 2021-03-31 | 2021-03-18 | 2020-12-31 | 2020-11-12 | 2020-09-30 | 2020-08-13 | 2020-06-30 | 2020-05-28 | 2020-04-02 | 2020-03-31 | 2019-12-31 | 2019-11-13 | 2019-09-30 | 2019-08-08 | 2019-06-30 | 2019-05-13 | 2019-04-01 | 2019-03-31 | 2018-12-31 | 2018-11-13 | 2018-09-30 | 2018-08-06 | 2018-06-30 | 2018-05-09 | 2018-03-31 | 2018-03-05 | 2017-12-31 | 2017-11-08 | 2017-09-30 | 2017-08-07 | 2017-06-30 | 2017-05-08 | 2017-03-31 | 2017-03-01 | 2016-12-31 | 2016-11-07 | 2016-09-30 | 2016-08-08 | 2016-06-30 | 2016-05-09 | 2016-03-31 | 2016-02-29 | 2015-12-31 | 2015-11-10 | 2015-09-30 | 2015-08-03 | 2015-06-30 | 2015-05-05 | 2015-03-31 | 2015-03-17 | 2014-12-31 | 2014-09-30 | 2014-08-06 | 2014-06-30 | 2014-03-31 | 2013-12-31 |
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revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues | 141,871,000 | 117,205,000 | 139,903,000 | 147,396,000 | 128,777,000 | 131,601,000 | 121,020,000 | 129,068,000 | 125,541,000 | 122,120,000 | 116,610,000 | 116,610,000 | 105,115,000 | 100,396,000 | 100,396,000 | 105,176,000 | 80,508,000 | 80,508,000 | 82,926,000 | 75,613,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues – unigas pool | 11,215,000 | 12,430,000 | 11,504,000 | 9,369,750 | 13,040,000 | 15,075,000 | 13,135,000 | 9,369,750 | 12,227,000 | 13,060,000 | 46,345,000 | 13,504,000 | 15,949,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating revenues | 153,086,000 | 129,635,000 | 151,407,000 | 136,002,000 | 136,002,000 | 473,792,000 | 123,285,000 | 106,813,000 | 106,813,000 | 123,917,000 | 123,917,000 | 119,777,000 | 119,777,000 | 129,390,000 | 132,290,000 | 102,744,000 | 85,857,000 | 85,699,000 | 85,748,000 | 85,748,000 | 87,422,000 | 87,422,000 | 81,351,000 | 81,351,000 | 82,465,000 | 82,465,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
brokerage commission | 1,906,000 | 1,536,000 | 1,915,000 | 1,304,250 | 1,845,000 | 1,869,000 | 1,626,000 | 1,304,250 | 1,788,000 | 1,735,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses | 20,114,000 | 15,213,000 | 20,661,000 | 15,750,000 | 21,651,000 | 17,123,000 | 14,183,000 | 18,115,000 | 20,561,000 | 18,604,000 | 17,229,000 | 17,229,000 | 16,865,000 | 16,866,000 | 20,208,000 | 20,208,000 | 20,804,000 | 20,804,000 | 20,796,000 | 20,796,000 | 21,873,000 | 21,873,000 | 16,775,000 | 17,749,000 | 17,689,000 | 15,616,000 | 15,616,000 | 16,516,000 | 16,516,000 | 14,584,000 | 14,584,000 | 14,728,000 | 14,728,000 | 17,544,000 | 12,129,000 | 17,544,000 | 12,129,000 | 13,387,000 | 13,387,000 | 16,437,000 | 16,437,000 | 13,357,000 | 15,476,000 | 13,357,000 | 15,476,000 | 17,251,000 | 17,251,000 | 13,930,000 | 13,930,000 | 14,978,000 | 14,978,000 | 14,781,000 | 14,781,000 | 12,246,000 | 12,246,000 | 13,516,000 | 13,516,000 | 15,000,000 | 15,000,000 | 13,914,000 | 13,914,000 | 11,869,000 | 11,869,000 | 9,326,000 | 9,326,000 | 7,093,000 | 7,093,000 | 6,325,000 | 6,325,000 | 9,187,000 | 9,187,000 | 11,304,000 | 11,304,000 | 6,871,000 | 6,871,000 | 9,127,895 | 9,127,893 | 13,818,047 | 12,170,651 | 9,886,357 | ||
vessel operating expenses | 49,288,000 | 47,373,000 | 47,014,000 | 50,798,000 | 43,465,000 | 43,494,000 | 42,118,000 | 46,716,000 | 39,565,000 | 42,999,000 | 41,672,000 | 41,672,000 | 159,266,000 | 43,924,000 | 38,663,000 | 38,663,000 | 38,628,000 | 38,628,000 | 38,051,000 | 38,051,000 | 40,817,000 | 40,417,000 | 34,948,000 | 28,826,000 | 28,826,000 | 26,992,000 | 26,992,000 | 28,383,000 | 28,383,000 | 27,221,000 | 27,221,000 | 26,493,000 | 26,493,000 | 27,406,000 | 27,733,000 | 27,406,000 | 27,733,000 | 26,820,000 | 26,820,000 | 27,448,000 | 27,448,000 | 29,474,000 | 27,095,000 | 29,474,000 | 27,095,000 | 26,873,000 | 26,873,000 | 26,040,000 | 26,040,000 | 26,710,000 | 26,710,000 | 26,956,000 | 26,956,000 | 25,106,000 | 25,106,000 | 25,001,000 | 25,001,000 | 23,905,000 | 23,905,000 | 22,611,000 | 22,611,000 | 22,126,000 | 22,126,000 | 23,712,000 | 23,712,000 | 22,405,000 | 22,405,000 | 21,150,000 | 21,150,000 | 20,379,000 | 20,379,000 | 19,342,000 | 19,342,000 | 17,971,000 | 17,971,000 | 17,481,559 | 17,481,559 | 17,622,528 | 17,832,779 | 17,261,215 | ||
depreciation and amortization | 32,937,000 | 34,827,000 | 34,186,000 | 36,351,000 | 33,290,000 | 33,349,000 | 33,441,000 | 32,828,000 | 32,353,000 | 32,190,000 | 31,831,000 | 31,831,000 | 126,220,000 | 30,559,000 | 32,842,000 | 32,842,000 | 31,477,000 | 31,477,000 | 31,462,000 | 31,342,000 | 25,686,000 | 25,686,000 | 24,054,000 | 19,230,000 | 19,473,000 | 19,273,000 | 19,273,000 | 19,140,000 | 19,140,000 | 19,180,000 | 19,180,000 | 19,151,000 | 19,151,000 | 19,210,000 | 19,303,000 | 19,210,000 | 19,303,000 | 19,009,000 | 19,009,000 | 18,913,000 | 18,913,000 | 18,947,000 | 18,884,000 | 18,947,000 | 18,884,000 | 18,846,000 | 18,846,000 | 19,029,000 | 19,029,000 | 19,381,000 | 19,381,000 | 18,863,000 | 18,863,000 | 18,787,000 | 18,787,000 | 18,304,000 | 18,304,000 | 17,634,000 | 17,634,000 | 16,625,000 | 16,625,000 | 15,804,000 | 15,804,000 | 15,275,000 | 15,275,000 | 14,575,000 | 14,575,000 | 14,515,000 | 14,593,000 | 12,949,000 | 12,949,000 | 13,110,000 | 13,110,000 | 12,800,000 | 12,800,000 | 12,081,566 | 12,081,566 | 11,532,336 | 11,146,102 | 11,048,746 | ||
general and administrative costs | 8,575,000 | 10,264,000 | 8,124,000 | 14,245,000 | 9,379,000 | 11,320,000 | 6,480,000 | 8,878,000 | 7,357,000 | 8,223,000 | 6,755,000 | 6,755,000 | 27,439,000 | 8,389,000 | 6,137,000 | 6,137,000 | 7,827,000 | 7,827,000 | 6,343,000 | 6,343,000 | 10,264,000 | 9,056,000 | 7,749,000 | 6,276,000 | 5,796,000 | 6,280,000 | 6,280,000 | 6,329,000 | 6,329,000 | 6,525,000 | 6,525,000 | 4,509,000 | 4,509,000 | 6,031,000 | 6,250,000 | 6,508,000 | 6,250,000 | 4,631,000 | 4,631,000 | 5,195,000 | 5,195,000 | 4,803,000 | 4,121,000 | 4,803,000 | 4,121,000 | 4,176,000 | 4,176,000 | 3,818,000 | 3,818,000 | 4,232,000 | 4,232,000 | 3,554,000 | 3,554,000 | 3,932,000 | 3,932,000 | 3,578,000 | 3,578,000 | 2,752,000 | 2,752,000 | 3,348,000 | 3,348,000 | 3,120,000 | 3,120,000 | 3,103,000 | 3,103,000 | 2,957,000 | 2,957,000 | 2,915,000 | 2,915,000 | 2,742,000 | 2,742,000 | 2,700,000 | 2,700,000 | 2,654,000 | 2,654,000 | 2,636,390 | 2,636,390 | 2,414,905 | 2,559,295 | 2,724,834 | ||
profit from sale of vessel | -12,589,000 | 12,617,000 | 144,000 | -4,941,000 | -89,500 | -478,000 | -358,000 | -550,000 | -550,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 100,231,000 | 109,213,000 | 111,900,000 | 118,415,000 | 109,630,000 | 107,155,000 | 97,848,000 | 108,423,000 | 101,643,000 | 99,324,000 | 104,113,000 | 104,113,000 | 413,130,000 | 102,296,000 | 102,863,000 | 102,863,000 | 107,146,000 | 107,146,000 | 102,082,000 | 102,082,000 | 170,002,000 | 168,322,000 | 89,363,000 | 78,446,000 | 78,333,000 | 73,414,000 | 73,414,000 | 76,663,000 | 76,663,000 | 73,043,000 | 73,043,000 | 69,112,000 | 69,112,000 | 71,446,000 | 66,594,000 | 71,923,000 | 66,594,000 | 65,064,000 | 65,064,000 | 69,226,000 | 69,226,000 | 67,890,000 | 67,609,000 | 67,890,000 | 67,609,000 | 69,271,000 | 69,271,000 | 65,030,000 | 65,030,000 | 66,657,000 | 66,657,000 | 65,943,000 | 65,943,000 | 61,915,000 | 61,915,000 | 62,117,000 | 62,117,000 | 61,439,000 | 61,439,000 | 58,294,000 | 58,294,000 | 55,172,000 | 55,172,000 | 53,607,000 | 53,607,000 | 49,082,000 | 49,082,000 | 47,556,000 | 47,634,000 | 47,143,000 | 47,143,000 | 49,532,000 | 49,532,000 | 42,289,000 | 42,289,000 | 46,337,077 | 46,337,078 | 49,617,572 | 48,493,003 | 44,964,786 | ||
operating income | 52,855,000 | 20,422,000 | 39,507,000 | 39,159,000 | 32,187,000 | 39,521,000 | 36,307,000 | 33,209,000 | 36,125,000 | 36,011,000 | 31,889,000 | 31,889,000 | 60,662,000 | 20,989,000 | 3,950,000 | 3,950,000 | 16,771,000 | 16,771,000 | 17,695,000 | 17,695,000 | -40,612,000 | -36,032,000 | 13,381,000 | 7,411,000 | 7,366,000 | 12,334,000 | 12,334,000 | 10,759,000 | 10,759,000 | 8,308,000 | 8,308,000 | 13,353,000 | 13,353,000 | 9,811,000 | 9,478,000 | 9,334,000 | 9,478,000 | 10,560,000 | 10,560,000 | 4,360,000 | 4,360,000 | 8,213,000 | 10,624,000 | 8,213,000 | 10,624,000 | 11,572,000 | 11,572,000 | 8,133,000 | 8,133,000 | 11,150,000 | 11,150,000 | 10,741,000 | 10,741,000 | 8,296,000 | 8,296,000 | 12,264,000 | 12,264,000 | 15,881,000 | 15,881,000 | 17,161,000 | 17,161,000 | 14,569,000 | 14,569,000 | 18,934,000 | 18,934,000 | 27,293,000 | 27,293,000 | 31,114,000 | 31,036,000 | 31,072,000 | 31,072,000 | 34,608,000 | 34,608,000 | 31,908,000 | 31,908,000 | 32,036,626 | 32,036,625 | 30,994,808 | 27,570,029 | 24,860,743 | ||
yoy | 64.21% | -48.33% | 8.81% | 17.92% | -10.90% | 9.75% | 13.85% | 4.14% | -40.45% | 71.57% | 707.32% | 707.32% | 261.71% | 25.15% | -77.68% | -77.68% | -141.30% | -146.54% | 32.24% | 138.77% | -651.34% | -392.14% | 8.49% | -31.12% | -31.54% | 48.46% | 48.46% | -19.43% | -19.43% | -15.32% | -12.34% | 43.06% | 40.88% | -7.09% | -10.25% | 114.08% | 117.39% | 28.58% | -0.60% | -46.91% | -58.96% | -29.03% | -8.19% | 0.98% | 30.63% | 3.78% | 3.78% | -24.28% | -24.28% | 34.40% | 34.40% | -12.42% | -12.42% | -47.76% | -47.76% | -28.54% | -28.54% | 9.01% | 9.01% | -9.36% | -9.36% | -46.62% | -46.62% | -39.15% | -38.99% | -12.16% | -12.16% | -10.10% | -10.32% | -2.62% | -2.62% | 8.03% | 8.03% | 2.95% | 16.20% | 28.86% | ||||||
qoq | 158.81% | -48.31% | 0.89% | 21.66% | -18.56% | 8.85% | 9.33% | -8.07% | 0.32% | 12.93% | 0.00% | -47.43% | 189.02% | 431.37% | 0.00% | -76.45% | 0.00% | -5.22% | 0.00% | -143.57% | 12.71% | -369.28% | 80.56% | 0.61% | -40.28% | 0.00% | 14.64% | 0.00% | 29.50% | 0.00% | -37.78% | 0.00% | 36.10% | 3.51% | 1.54% | -1.52% | -10.25% | 0.00% | 142.20% | 0.00% | -46.91% | -22.69% | 29.36% | -22.69% | -8.19% | 0.00% | 42.28% | 0.00% | -27.06% | 0.00% | 3.81% | 0.00% | 29.47% | 0.00% | -32.35% | 0.00% | -22.78% | 0.00% | -7.46% | 0.00% | 17.79% | 0.00% | -23.05% | 0.00% | -30.63% | 0.00% | -12.28% | 0.25% | -0.12% | 0.00% | -10.22% | 0.00% | 8.46% | 0.00% | -0.40% | 0.00% | 3.36% | 10.90% | ||||
operating margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% | |
other income/ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on non-designated derivative instruments | -2,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on non-designated derivative instruments | -2,368,000 | -1,349,000 | -2,262,000 | -447,000 | 2,937,000 | -5,197,000 | -5,197,000 | -5,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -14,913,000 | -15,063,000 | -12,692,000 | -7,873,000 | -14,252,000 | -16,174,000 | -15,737,000 | -16,355,000 | -18,189,000 | -17,016,000 | -13,338,000 | -13,338,000 | -50,840,000 | -13,983,000 | -13,166,000 | -13,166,000 | -11,471,000 | -11,471,000 | -10,963,000 | -10,963,000 | -10,701,000 | -10,701,000 | -10,373,000 | -8,647,000 | -8,647,000 | -8,961,000 | -8,961,000 | -9,071,000 | -8,592,000 | -9,820,000 | -9,341,000 | -11,128,000 | -11,128,000 | -12,372,000 | -12,246,000 | -11,540,000 | -11,843,000 | -12,406,000 | -12,406,000 | -12,209,000 | -12,209,000 | -12,153,000 | -12,017,000 | -12,153,000 | -12,017,000 | -11,014,000 | -11,014,000 | -11,353,000 | -11,353,000 | -10,524,000 | -10,524,000 | -9,967,000 | -9,967,000 | -9,426,000 | -9,426,000 | -9,372,000 | -9,372,000 | -8,927,000 | -8,927,000 | -8,879,000 | -8,879,000 | -7,957,000 | -7,957,000 | -7,702,000 | -7,702,000 | -7,783,000 | -7,783,000 | -7,166,000 | -3,827,000 | -8,302,000 | -8,302,000 | -8,105,000 | -8,105,000 | -7,852,000 | -7,852,000 | -7,378,673 | -7,378,673 | -7,274,065 | -7,819,378 | -7,849,295 | ||
interest income | 1,720,000 | 1,717,000 | 1,121,000 | 2,597,000 | 1,898,000 | 1,550,000 | 1,612,000 | 2,060,000 | 1,768,000 | 1,296,000 | 583,000 | 583,000 | 1,082,000 | 713,000 | 170,000 | 170,000 | 112,000 | 112,000 | 87,000 | 87,000 | 138,000 | 138,000 | 70,000 | 63,000 | 63,000 | 32,000 | 31,000 | 41,000 | 41,000 | 52,000 | 52,000 | 96,000 | 96,000 | 219,000 | 303,000 | 219,000 | 303,000 | 197,000 | 197,000 | 205,000 | 205,000 | 215,000 | 293,000 | 215,000 | 293,000 | 202,000 | 202,000 | 207,000 | 207,000 | 152,000 | 152,000 | 148,000 | 148,000 | 139,000 | 139,000 | 119,000 | 119,000 | 113,000 | 113,000 | 41,000 | 41,000 | 71,000 | 71,000 | 91,000 | 91,000 | 78,000 | 78,000 | 63,000 | 63,000 | 59,000 | 59,000 | 27,000 | 27,000 | 4,000 | 4,000 | 3,377 | 3,378 | 10,066 | 124,772 | 92,018 | ||
write off of deferred financing costs | -257,000 | -658,000 | -171,000 | -171,000 | -212,000 | -155,000 | -155,000 | -320,250 | -627,000 | -627,000 | -653,000 | -653,000 | -449,250 | -1,797,000 | -1,797,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange gain | -974,000 | 845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 4,801,000 | -24,000 | 36,000 | -96,000 | -96,000 | -364,000 | -106,000 | -60,000 | -60,000 | -109,000 | -109,000 | -89,000 | -89,000 | -109,000 | -109,000 | -98,000 | -88,000 | -88,000 | -72,000 | -72,000 | -75,000 | 130,000 | -212,000 | -77,000 | -117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes and share of result of equity method investments | 36,320,000 | 18,930,000 | 29,484,000 | 14,232,500 | 17,938,000 | 23,316,000 | 21,735,000 | 14,232,500 | 18,732,000 | 23,486,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | -3,790,000 | -1,495,000 | 143,000 | -96,000 | -674,000 | -1,161,000 | -1,206,000 | -56,000 | -1,120,000 | -1,984,000 | -1,164,000 | -1,164,000 | -5,949,000 | -4,459,000 | -426,000 | -426,000 | -671,000 | -671,000 | -393,000 | -393,000 | -909,000 | -1,188,000 | -446,000 | -190,000 | -190,000 | -145,000 | -145,000 | -161,000 | -161,000 | -120,000 | -120,000 | -168,000 | -168,000 | -168,000 | -47,000 | -168,000 | -47,000 | -131,000 | -131,000 | -81,000 | -81,000 | -93,000 | 33,000 | -93,000 | 33,000 | -137,000 | -137,000 | -146,000 | -146,000 | -82,000 | -82,000 | -6,000 | -6,000 | -102,000 | -102,000 | -130,000 | -130,000 | -159,000 | -159,000 | -575,000 | -575,000 | -207,000 | -207,000 | -202,000 | -202,000 | -194,000 | -194,000 | -190,000 | -190,000 | -160,000 | -160,000 | -215,000 | -215,000 | -234,000 | -234,000 | -398,600 | -398,604 | -71,904 | -211,994 | -221,024 | ||
share of result of equity method investments | 3,273,000 | 4,805,000 | -904,000 | 3,766,750 | 2,214,000 | 4,687,000 | 4,390,000 | 3,766,750 | 3,771,000 | 5,993,000 | 5,302,000 | 5,302,000 | 4,483,250 | 4,673,000 | 4,673,000 | 6,757,000 | 6,757,000 | 6,503,000 | 6,503,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 35,803,000 | 22,240,000 | 28,723,000 | 26,369,000 | 19,478,000 | 26,842,000 | 24,919,000 | 19,144,000 | 21,383,000 | 27,495,000 | 18,850,000 | 18,850,000 | 54,878,000 | 10,255,000 | 2,859,000 | 2,859,000 | 14,370,000 | 14,370,000 | 27,394,000 | 27,394,000 | -46,583,000 | -40,158,000 | 7,079,000 | 699,000 | 654,000 | 3,209,000 | 3,209,000 | 3,771,000 | 3,625,000 | 1,937,000 | 1,791,000 | 3,491,000 | 3,491,000 | -8,095,000 | -2,704,000 | -7,740,000 | -2,704,000 | -2,913,000 | -2,913,000 | -7,733,000 | -7,733,000 | -3,257,000 | -3,899,000 | -3,257,000 | -3,899,000 | 623,000 | 623,000 | -3,159,000 | -3,159,000 | 696,000 | 696,000 | 1,411,000 | 1,411,000 | -1,093,000 | -1,093,000 | 2,254,000 | 2,254,000 | 2,738,000 | 2,738,000 | 7,646,000 | 7,646,000 | 6,476,000 | 6,476,000 | 11,121,000 | 11,121,000 | 19,394,000 | 19,394,000 | 23,821,000 | 27,082,000 | 22,669,000 | 22,669,000 | 26,315,000 | 26,315,000 | 22,029,000 | 22,029,000 | 24,262,730 | 24,262,726 | 23,658,905 | 19,663,429 | 16,882,442 | ||
yoy | 83.81% | -17.14% | 15.27% | 37.74% | -8.91% | -2.37% | 32.20% | 1.56% | -61.04% | 168.11% | 559.32% | 559.32% | 281.89% | -28.64% | -89.56% | -89.56% | -130.85% | -135.78% | 286.98% | 3819.03% | -7222.78% | -1351.42% | 120.60% | -81.46% | -81.96% | 65.67% | 79.17% | 8.02% | 3.84% | -123.93% | -166.24% | -145.10% | -229.11% | 177.89% | -7.17% | 0.09% | -65.03% | -10.56% | -25.29% | 137.43% | 98.33% | -622.79% | -725.84% | 3.10% | 23.43% | -10.49% | -10.49% | -323.88% | -323.88% | -163.68% | -163.68% | -37.40% | -37.40% | -139.92% | -139.92% | -70.52% | -70.52% | -57.72% | -57.72% | -31.25% | -31.25% | -66.61% | -66.61% | -53.31% | -58.94% | -14.45% | -14.45% | -9.48% | 2.91% | 2.91% | 2.91% | 8.46% | 8.46% | -6.89% | 23.39% | 43.72% | ||||||
qoq | 60.98% | -22.57% | 8.93% | 35.38% | -27.43% | 7.72% | 30.17% | -10.47% | -22.23% | 45.86% | 0.00% | -65.65% | 435.13% | 258.69% | 0.00% | -80.10% | 0.00% | -47.54% | 0.00% | -158.81% | 16.00% | -667.28% | 912.73% | 6.88% | -79.62% | 0.00% | -14.90% | 4.03% | 87.15% | 8.15% | -48.70% | 0.00% | -143.13% | 199.37% | -65.06% | 186.24% | -7.17% | 0.00% | -62.33% | 0.00% | 137.43% | -16.47% | 19.71% | -16.47% | -725.84% | 0.00% | -119.72% | 0.00% | -553.88% | 0.00% | -50.67% | 0.00% | -229.09% | 0.00% | -148.49% | 0.00% | -17.68% | 0.00% | -64.19% | 0.00% | 18.07% | 0.00% | -41.77% | 0.00% | -42.66% | 0.00% | -18.58% | -12.04% | 19.47% | 0.00% | -13.86% | 0.00% | 19.46% | 0.00% | -9.21% | 0.00% | 2.55% | 16.47% | ||||
net income margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% | |
net income attributable to non-controlling interest | -2,648,000 | -787,000 | -1,687,000 | -805,750 | -1,306,000 | -3,602,000 | -2,346,000 | -805,750 | -2,270,000 | -889,000 | -64,000 | -64,000 | -279,500 | -414,000 | -414,000 | -348,000 | -348,000 | -356,000 | -356,000 | -378,000 | -576,000 | -389,000 | -394,000 | -394,000 | -389,000 | -389,000 | -405,000 | -405,000 | -446,000 | -446,000 | -483,000 | -483,000 | -422,000 | -99,000 | -422,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to stockholders of navigator holdings ltd. | 33,155,000 | 21,453,000 | 27,036,000 | 21,066,000 | 18,172,000 | 23,240,000 | 22,573,000 | 18,786,000 | 18,786,000 | 53,473,000 | 9,968,000 | 2,445,000 | 2,445,000 | 14,022,000 | 14,022,000 | 27,038,000 | 27,038,000 | -46,961,000 | 2,442,500 | 6,690,000 | 305,000 | 260,000 | 2,820,000 | 2,820,000 | 3,366,000 | -915,750 | 1,491,000 | 1,345,000 | 3,008,000 | 3,008,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share attributable to stockholders of navigator holdings ltd.: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | 0.5 | 0.31 | 0.39 | 0.218 | 0.26 | 0.32 | 0.31 | 0.218 | 0.26 | 0.36 | 75,955,162 | 75,955,162 | 0.14 | 0.03 | 0.03 | 0.18 | 0.18 | 77,193,048 | 77,193,048 | 77,183,379 | 15,113,114.75 | 69,338,187 | 55,971,121 | 0.01 | 55,900,206 | 55,900,206 | 55,895,585 | 3,428 | 55,903,672 | 55,903,672 | 55,905,600 | 55,905,600 | -0.05 | -0.05 | -0.05 | -0.14 | -0.14 | -0.06 | -0.07 | -0.06 | -0.07 | 0.01 | 0.01 | -0.06 | -0.06 | 0.01 | 0.01 | 0.03 | 0.03 | -0.02 | -0.02 | 0.04 | 0.04 | 0.05 | 0.05 | 0.14 | 0.14 | 0.12 | 0.12 | 0.2 | 0.2 | 0.35 | 0.35 | 0.43 | 0.49 | 0.41 | 0.41 | 0.48 | 0.48 | 0.4 | 0.44 | 0.43 | 0.36 | |||||||||
diluted: | 0.5 | 0.31 | 0.39 | 0.33 | 0.26 | 0.32 | 0.31 | 0.24 | 0.26 | 0.36 | 76,319,753 | 76,319,753 | 77,558,493.44 | 0.03 | 0.03 | 0.18 | 0.18 | 77,518,604 | 77,518,604 | 77,183,379 | 15,197,344.5 | 69,673,623 | 56,306,577 | 0.01 | 56,240,142 | 56,240,142 | 56,235,521 | 3,428 | 56,243,608 | 56,243,608 | 56,253,778 | 56,253,778 | -0.05 | -0.05 | -0.05 | -0.14 | -0.14 | -0.06 | -0.07 | -0.06 | -0.07 | 0.01 | 0.01 | -0.06 | -0.06 | 0.01 | 0.01 | 0.03 | 0.03 | -0.02 | -0.02 | 0.04 | 0.04 | 0.05 | 0.05 | 0.14 | 0.14 | 0.12 | 0.12 | 0.2 | 0.2 | 0.35 | 0.35 | 0.43 | 0.48 | 0.41 | 0.41 | 0.47 | 0.47 | 0.4 | 0.43 | 0.43 | 0.35 | |||||||||
weighted-average number of shares outstanding in the period: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss | -991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues – luna pool collaborative arrangements | 1,838,750 | 1,838,750 | 155,000 | 22,101,000 | 5,877,000 | 5,240,000 | 5,738,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating revenue | 102,276,250 | 141,817,000 | 146,676,000 | 134,155,000 | 102,276,250 | 137,768,000 | 135,335,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses – luna pool collaborative arrangements | 1,390,250 | 1,390,250 | 19,000 | 514,000 | 5,028,000 | 5,028,000 | 20,716,000 | 4,590,000 | 4,590,000 | 4,132,000 | 1,892,000 | 4,525,000 | 4,390,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(profit) from sale of vessel | -1,235,250 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (loss) on non-designated derivative instruments | -507,000 | -5,177,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange gains | -68,750 | 3,282,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(profit)/loss from sale of vessel | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on non-designated derivative instruments | -1,581,000 | -5,254,000 | -972,000 | 3,195,000 | -4,251,000 | -4,251,000 | 25,124,000 | 12,687,000 | 2,541,000 | 2,541,000 | -5,346,000 | -5,346,000 | 15,242,000 | 15,242,000 | -1,384,000 | 740,000 | -227,000 | -269,000 | -269,000 | 547,000 | 547,000 | 8,378,000 | 8,232,000 | 2,137,000 | 1,991,000 | 6,354,000 | 6,354,000 | -13,961,000 | 2,937,000 | -13,961,000 | 861,000 | 861,000 | 783,000 | 783,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency exchange gain on senior secured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to stockholders' of navigator holdings ltd. | 16,126,250 | 19,113,000 | 26,606,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend paid | 0.013 | 0.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues—unigas pool | 12,192,000 | 11,389,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues—luna pool collaborative arrangements | 7,200,000 | 8,265,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
brokerage commissions | 1,694,000 | 1,694,000 | 5,900,000 | 1,494,000 | 1,430,000 | 1,430,000 | 1,569,000 | 1,569,000 | 1,407,000 | 1,407,000 | 1,472,000 | 1,472,000 | 1,163,000 | 974,000 | 974,000 | 1,193,000 | 1,193,000 | 1,315,000 | 1,315,000 | 1,220,000 | 1,220,000 | 1,305,000 | 1,305,000 | 1,255,000 | 1,179,000 | 1,255,000 | 1,179,000 | 1,217,000 | 1,217,000 | 1,233,000 | 1,233,000 | 1,309,000 | 1,349,000 | 1,309,000 | 1,349,000 | 1,434,000 | 1,434,000 | 1,219,000 | 1,219,000 | 1,141,000 | 1,141,000 | 1,263,000 | 1,263,000 | 1,191,000 | 1,191,000 | 1,389,000 | 1,389,000 | 1,525,000 | 1,525,000 | 1,430,000 | 1,430,000 | 1,372,000 | 1,372,000 | 1,508,000 | 1,508,000 | 1,502,000 | 1,502,000 | |||||||||||||||||||||||||
foreign currency exchange loss on senior secured bonds | -768,000 | -768,000 | -184,000 | -184,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of result of equity method investments | 14,712,000 | 14,712,000 | 35,033,000 | 21,284,000 | 21,284,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted: | 0.25 | 0.25 | 0.35 | 0.35 | -0.61 | -0.64 | 0.1 | 0.01 | 0.05 | 0.05 | 0.06 | 0.06 | 0.03 | 0.02 | 0.05 | 0.05 | -0.14 | -0.05 | -0.14 | 0.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues - unigas pool | 12,192,000 | 8,627,000 | 9,615,000 | 9,615,000 | 11,389,000 | 13,504,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues - luna pool collaborative arrangements | 7,200,000 | 5,877,000 | 5,240,000 | 4,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fleet data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of vessels | 43,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ownership days | 4,021,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available days | 3,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earning days | 3,736,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fleet utilization | 94,100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average daily time charter equivalent rate | 23,621,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues less voyage expenses | 88,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses on vessels | 63,653,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
profit from sale of vessels | -4,721,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency exchange gain on senior secured bonds | 6,589,000 | -5,969,000 | 5,117,000 | 5,117,000 | 8,218,000 | 8,218,000 | -777,000 | -777,000 | 436,000 | 436,000 | 1,372,000 | 330,000 | 330,000 | 8,000 | 8,000 | -6,884,000 | -6,884,000 | -1,612,000 | -1,612,000 | -4,852,000 | -4,852,000 | 11,417,000 | -2,250,000 | 11,417,000 | -2,250,000 | 4,171,000 | 4,171,000 | 2,360,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on cross currency interest rate swap | -6,270,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on repayment of senior bonds | -1,102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of results of equity method investments | 25,794,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to non-controlling interests | -1,405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue | 75,057,750 | 93,960,000 | 93,960,000 | 105,875,000 | 105,875,000 | 61,936,500 | 87,085,000 | 80,278,000 | 80,153,000 | 59,184,750 | 75,613,000 | 79,869,000 | 79,869,000 | 81,257,000 | 76,072,000 | 81,257,000 | 76,072,000 | 75,624,000 | 75,624,000 | 73,586,000 | 73,586,000 | 76,103,000 | 78,233,000 | 76,103,000 | 78,233,000 | 80,843,000 | 80,843,000 | 73,163,000 | 73,163,000 | 77,807,000 | 77,807,000 | 76,684,000 | 76,684,000 | 70,211,000 | 70,211,000 | 74,381,000 | 74,381,000 | 77,320,000 | 77,320,000 | 75,455,000 | 75,455,000 | 69,741,000 | 69,741,000 | 72,541,000 | 72,541,000 | 76,375,000 | 78,670,000 | 78,670,000 | 78,215,000 | 78,215,000 | 84,140,000 | 84,140,000 | 74,197,000 | 74,197,000 | 78,373,703 | 78,373,703 | 80,612,380 | 76,063,032 | 69,825,529 | |||||||||||||||||||||||
operating revenue- luna pool collaborative arrangement | 3,942,000 | 3,238,000 | 3,238,000 | 6,653,000 | 6,653,000 | 4,572,500 | 7,504,000 | 5,579,000 | 5,546,000 | 2,596,000 | 2,596,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses – luna pool collaborative arrangement | 3,795,750 | 3,643,000 | 3,643,000 | 6,950,000 | 6,950,000 | 3,641,750 | 4,772,000 | 5,479,000 | 5,663,000 | 2,926,000 | 3,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of result of equity accounted joint ventures | 7,045,000 | -1,388,000 | -1,388,000 | 8,284,000 | 8,284,000 | -52,123,000 | -1,157,000 | 8,374,000 | 3,959,000 | 3,223,000 | -1,236,000 | 3,823,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses—luna pool collaborative arrangements | 6,346,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on repayment of 7.75% senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted joint ventures | 6,449,000 | 1,174,500 | 3,302,000 | 2,001,000 | 2,001,000 | -606,000 | -605,000 | 709,000 | 709,000 | 3,147,000 | 3,147,000 | -164,000 | -164,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue – unigas pool | 2,038,750 | 8,155,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on repayment of 7.75% senior unsecured bonds | -479,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of result of equity accounted joint venture | 1,756,250 | 4,223,000 | -1,112,000 | 3,823,000 | -1,778,000 | -2,675,000 | -2,675,000 | -3,126,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses - luna pool collaborative arrangements | 4,132,000 | 5,055,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue- luna pool collaborative arrangements | 2,083,500 | 5,738,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before income taxes and share of result of equity accounted joint venture | -449,500 | -1,090,000 | -4,886,000 | -4,531,000 | -7,551,000 | -7,551,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted joint venture | -3,041,000 | -879,000 | -3,041,000 | -879,000 | -107,000 | -107,000 | -101,000 | -101,000 | -38,000 | -38,000 | -38,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to stockholders of navigator holdings ltd. | -8,517,000 | -8,162,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings/loss per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -1,778,000 | -3,932,000 | -3,932,000 | 760,000 | 760,000 | -3,013,000 | -3,013,000 | 778,000 | 778,000 | 1,417,000 | 1,417,000 | -991,000 | -991,000 | 2,384,000 | 2,384,000 | 2,897,000 | 2,897,000 | 8,221,000 | 8,221,000 | 6,683,000 | 6,683,000 | 11,323,000 | 11,323,000 | 19,588,000 | 19,588,000 | 24,011,000 | 27,272,000 | 22,829,000 | 22,829,000 | 26,530,000 | 26,530,000 | 22,263,000 | 22,263,000 | 24,661,330 | 24,661,330 | 23,730,809 | 19,875,423 | 17,103,466 | ||||||||||||||||||||||||||||||||||||||||||||
loss per share attributable to stockholders of navigator holdings ltd.: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of results of equity accounted joint venture | -3,126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other corporate expenses | 684,000 | 684,000 | 691,000 | 691,000 | 994,000 | 994,000 | 215,000 | 215,000 | 526,000 | 526,000 | 653,000 | 653,000 | 329,000 | 329,000 | 623,000 | 623,000 | 366,000 | 366,000 | 377,000 | 377,000 | 683,000 | 683,000 | 550,000 | 550,000 | 239,000 | 239,000 | 781,000 | 781,000 | 1,170,000 | 1,170,000 | 363,000 | 363,000 | 509,422 | 509,422 | 368,344 | 922,285 | 459,065 | |||||||||||||||||||||||||||||||||||||||||||||
write off of call premium and redemption charges on 9% unsecured bond | -879,250 | -3,517,000 | -3,517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recoverable from vessel repairs | 608,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of deferred finance costs | 495,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of call premium and redemption charges of 9.00% unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of insurance claim receivable | 126,000 | 504,000 | 504,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessel write down following collision | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off deferred finance costs | -102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net operating revenue | 76,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
address and brokerage commissions | 1,804,000 | 1,804,000 | 1,655,000 | 1,655,000 | 1,906,000 | 1,906,000 | 1,630,000 | 1,630,000 | 1,686,245 | 1,686,245 | 1,764,707 | 1,761,891 | 1,484,569 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
charter-in costs | 2,814,000 | 2,814,003 | 2,096,705 | 2,100,000 | 2,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.4 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.4 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 71,149,671 | 74,096,284 | 77,234,830 | 55,349,422 | 55,342,184 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 55,598,958 | 55,561,565 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other cargo revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues - sum | 78,373,703 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of cargo sold | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
all share amounts (except par value per share amounts) have been retroactively restated for 2013 to reflect the company’s 3-for-1 stock split on october 29, 2013 as described in note 5 – common stock to these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-05-22 | 2023-03-31 | 2023-03-20 | 2022-12-31 | 2022-11-15 | 2022-09-30 | 2022-08-18 | 2022-06-30 | 2022-05-23 | 2022-03-31 | 2022-03-10 | 2021-12-31 | 2021-11-29 | 2021-09-30 | 2021-08-16 | 2021-06-30 | 2021-06-10 | 2021-03-31 | 2021-03-18 | 2020-12-31 | 2020-11-12 | 2020-09-30 | 2020-08-13 | 2020-06-30 | 2020-05-28 | 2020-04-02 | 2020-03-31 | 2019-12-31 | 2019-11-13 | 2019-09-30 | 2019-08-08 | 2019-06-30 | 2019-05-13 | 2019-04-01 | 2019-03-31 | 2018-12-31 | 2018-11-13 | 2018-09-30 | 2018-08-06 | 2018-06-30 | 2018-05-09 | 2018-03-31 | 2018-03-05 | 2017-12-31 | 2017-11-08 | 2017-09-30 | 2017-08-07 | 2017-06-30 | 2017-05-08 | 2017-03-31 | 2017-03-01 | 2016-12-31 | 2016-11-07 | 2016-09-30 | 2016-08-08 | 2016-06-30 | 2016-05-09 | 2016-03-31 | 2016-02-29 | 2015-12-31 | 2015-11-10 | 2015-09-30 | 2015-08-03 | 2015-06-30 | 2015-05-05 | 2015-03-31 | 2015-03-17 | 2014-12-31 | 2014-09-30 | 2014-08-06 | 2014-06-30 | 2014-03-31 | 2013-12-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 164,996,000 | 238,140,000 | 91,032,000 | 130,821,000 | 168,120,000 | 60,996,000 | 51,027,000 | 66,130,000 | 47,285,000 | 47,285,000 | 53,895,000 | 71,515,000 | 53,895,000 | 71,515,000 | 50,458,000 | 50,458,000 | 55,096,000 | 55,096,000 | 50,814,000 | 50,814,000 | 62,109,000 | 62,109,000 | 35,138,000 | 35,138,000 | 28,798,000 | 28,798,000 | 45,648,000 | 45,648,000 | 57,272,000 | 57,272,000 | 49,847,000 | 49,847,000 | 66,863,000 | 66,863,000 | 77,131,000 | 77,131,000 | 87,779,000 | 87,779,000 | 107,360,000 | 107,360,000 | 66,225,000 | 66,225,000 | 50,514,000 | 50,514,000 | 62,526,243 | 62,526,243 | 57,288,163 | 159,216,275 | 159,216,275 | 188,724,431 | 194,740,045 | ||||||||||||||||||||||||||||||||
restricted cash | 51,601,000 | 49,289,000 | 47,986,000 | 8,976,000 | 6,060,000 | 8,170,000 | 15,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 35,096,000 | 30,768,000 | 32,907,000 | 29,037,000 | 32,971,000 | 19,200,000 | 41,024,000 | 34,653,000 | 17,079,000 | 23,503,000 | 21,912,000 | 21,912,000 | 14,319,000 | 18,245,000 | 22,118,000 | 22,118,000 | 24,600,000 | 24,600,000 | 21,674,000 | 21,235,000 | 36,206,000 | 31,906,000 | 31,070,000 | 31,070,000 | 22,457,000 | 20,696,000 | 26,699,000 | 30,363,000 | 14,451,000 | 14,451,000 | 22,404,000 | 22,404,000 | 22,886,000 | 21,945,000 | 24,366,000 | 24,462,000 | 24,121,000 | 23,462,000 | 23,632,000 | 23,632,000 | 20,166,000 | 20,166,000 | 23,618,000 | 17,033,000 | 23,618,000 | 17,033,000 | 13,800,000 | 13,800,000 | 11,585,000 | 11,585,000 | 13,173,000 | 13,173,000 | 14,889,000 | 14,889,000 | 17,149,000 | 17,149,000 | 13,150,000 | 13,150,000 | 12,270,000 | 12,270,000 | 7,059,000 | 7,059,000 | 10,637,000 | 10,637,000 | 9,293,000 | 9,293,000 | 11,258,000 | 11,258,000 | 9,050,000 | 9,050,000 | 10,214,000 | 10,214,000 | 10,639,000 | 10,639,000 | 7,271,000 | 7,271,000 | 7,195,113 | 7,195,113 | 6,198,260 | 6,844,776 | 6,844,776 | 10,196,597 | 11,837,578 |
accrued income | 5,345,000 | 4,174,000 | 3,064,000 | 5,809,000 | 3,627,000 | 7,702,000 | 6,830,000 | 2,437,000 | 12,029,000 | 9,540,000 | 4,100,000 | 4,100,000 | 13,294,000 | 9,367,000 | 6,530,000 | 6,530,000 | 7,687,000 | 7,687,000 | 7,102,000 | 7,541,000 | 3,344,000 | 6,150,000 | 6,457,000 | 6,457,000 | 6,765,000 | 6,797,000 | 7,956,000 | 4,006,000 | 20,073,000 | 20,073,000 | 3,727,000 | 3,851,000 | 9,313,000 | 9,725,000 | 3,020,000 | 5,598,000 | 3,020,000 | 6,280,000 | 2,680,000 | 2,680,000 | 1,859,000 | 1,859,000 | 4,257,000 | 4,731,000 | 4,257,000 | 4,731,000 | 6,817,000 | 6,817,000 | 5,031,000 | 5,031,000 | 2,935,000 | 2,935,000 | 15,791,000 | 15,791,000 | 10,250,000 | 10,250,000 | 12,688,000 | 12,688,000 | 13,780,000 | 13,780,000 | 13,134,000 | 13,134,000 | 9,798,000 | 9,798,000 | 13,218,000 | 13,218,000 | 7,701,000 | 7,701,000 | 5,647,000 | 5,647,000 | 2,376,000 | 2,376,000 | 8,382,000 | 8,382,000 | 10,660,000 | 10,660,000 | 3,642,147 | 3,642,147 | 6,127,431 | 9,494,569 | 9,494,569 | 2,311,268 | 7,902,234 |
prepaid expenses and other current assets | 22,592,000 | 22,880,000 | 20,508,000 | 14,824,000 | 15,929,000 | 16,750,000 | 20,855,000 | 17,068,000 | 24,721,000 | 23,965,000 | 22,837,000 | 22,837,000 | 21,151,000 | 21,152,000 | 23,196,000 | 23,196,000 | 22,992,000 | 22,992,000 | 20,855,000 | 20,855,000 | 15,835,000 | 16,293,000 | 26,998,000 | 26,998,000 | 17,047,000 | 17,498,000 | 21,423,000 | 21,626,000 | 22,015,000 | 22,015,000 | 24,120,000 | 24,120,000 | 20,082,000 | 20,719,000 | 19,514,000 | 17,670,000 | 16,883,000 | 17,670,000 | 21,087,000 | 21,087,000 | 25,433,000 | 25,433,000 | 18,269,000 | 16,057,000 | 18,269,000 | 16,057,000 | 16,302,000 | 16,302,000 | 17,020,000 | 17,020,000 | 16,486,000 | 16,486,000 | 10,964,000 | 10,964,000 | 11,552,000 | 11,552,000 | 11,317,000 | 11,317,000 | 11,387,000 | 11,387,000 | 8,541,000 | 8,541,000 | 9,194,000 | 9,194,000 | 10,857,000 | 10,857,000 | 13,077,000 | 13,077,000 | 8,754,000 | 8,754,000 | 8,001,000 | 8,001,000 | 10,076,000 | 10,076,000 | 12,279,000 | 12,279,000 | 6,322,460 | 6,322,460 | 9,370,736 | 9,200,379 | 9,200,379 | 7,849,300 | 6,282,218 |
bunkers and other inventory | 10,318,000 | 14,237,000 | 15,531,000 | 13,752,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance receivable | 4,939,000 | 5,060,000 | 4,016,000 | 3,368,000 | 3,783,000 | 2,757,000 | 1,013,000 | 526,000 | 1,833,000 | 2,602,000 | 1,452,000 | 1,452,000 | 3,073,000 | 3,073,000 | 7,913,000 | 7,913,000 | 6,502,000 | 6,502,000 | 7,265,000 | 6,857,000 | 6,159,000 | 6,159,000 | 2,651,000 | 7,806,000 | 345,000 | 345,000 | 447,000 | 447,000 | 3,000,000 | 3,000,000 | 2,950,000 | 2,950,000 | 3,228,000 | 2,939,000 | 3,228,000 | 2,939,000 | |||||||||||||||||||||||||||||||||||||||||||||||
amounts due from related parties | 7,388,000 | 9,036,000 | 12,688,000 | 13,797,000 | 18,978,000 | 25,278,000 | 20,311,000 | 33,402,000 | 30,905,000 | 27,111,000 | 20,333,000 | 20,333,000 | 16,363,000 | 16,363,000 | 12,826,000 | 12,826,000 | 17,306,000 | 17,306,000 | 24,627,000 | 24,627,000 | 13,836,000 | 16,736,000 | 16,447,000 | 16,447,000 | 6,141,000 | 5,923,000 | 8,709,000 | 8,709,000 | 11,853,000 | 11,853,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | 302,275,000 | 373,584,000 | 229,832,000 | 220,384,000 | 214,934,000 | 222,786,000 | 272,847,000 | 255,372,000 | 277,706,000 | 277,802,000 | 270,508,000 | 270,508,000 | 228,321,000 | 228,321,000 | 237,689,000 | 237,689,000 | 246,706,000 | 246,706,000 | 263,021,000 | 263,021,000 | 213,667,000 | 215,336,000 | 207,060,000 | 207,060,000 | 162,613,000 | 166,272,000 | 159,981,000 | 159,898,000 | 136,538,000 | 136,538,000 | 129,972,000 | 130,096,000 | 125,638,000 | 125,746,000 | 127,060,000 | 126,444,000 | 124,184,000 | 126,126,000 | 112,796,000 | 112,796,000 | 104,992,000 | 104,992,000 | 111,534,000 | 118,125,000 | 111,534,000 | 118,125,000 | 97,927,000 | 97,927,000 | 96,679,000 | 96,679,000 | 91,027,000 | 91,027,000 | 112,137,000 | 112,137,000 | 106,966,000 | 106,966,000 | 98,721,000 | 98,721,000 | 90,738,000 | 90,738,000 | 93,798,000 | 93,798,000 | 91,648,000 | 91,648,000 | 111,926,000 | 111,926,000 | 119,851,000 | 119,851,000 | 124,999,000 | 124,999,000 | 142,523,000 | 142,523,000 | 107,271,000 | 107,271,000 | 86,492,000 | 86,492,000 | 84,496,560 | 84,496,560 | 84,931,279 | 191,949,708 | 191,949,708 | 216,050,200 | 226,686,276 |
non-current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels | 1,635,507,000 | 1,678,187,000 | 1,708,525,000 | 1,653,607,000 | 1,677,891,000 | 1,698,087,000 | 1,726,119,000 | 1,754,382,000 | 1,782,245,000 | 1,810,517,000 | 1,790,942,000 | 1,790,942,000 | 1,692,494,000 | 1,692,494,000 | 1,673,802,000 | 1,673,802,000 | 1,709,356,000 | 1,709,356,000 | 1,736,617,000 | 1,736,617,000 | 1,764,127,000 | 1,763,252,000 | 1,868,493,000 | 1,868,493,000 | 1,515,780,000 | 1,512,138,000 | 1,529,364,000 | 1,529,364,000 | 1,545,688,000 | 1,545,688,000 | 1,561,367,000 | 1,561,367,000 | 1,574,908,000 | 1,574,908,000 | 1,592,100,000 | 1,609,527,000 | 1,625,913,000 | 1,625,913,000 | 1,639,755,000 | ||||||||||||||||||||||||||||||||||||||||||||
vessels under construction | 102,899,000 | 64,028,000 | 62,990,000 | 41,589,000 | 20,581,000 | 28,591,000 | 28,591,000 | 55,077,000 | 55,077,000 | 96,932,000 | 96,932,000 | 150,492,000 | 150,492,000 | 154,025,000 | 154,025,000 | 162,283,000 | 162,283,000 | 163,365,000 | 163,365,000 | 170,776,000 | 170,776,000 | 141,384,000 | 141,384,000 | 149,753,000 | 149,753,000 | 130,051,000 | 130,051,000 | 131,344,599 | 131,344,599 | 100,714,101 | 95,560,966 | 95,560,966 | 82,543,556 | 60,197,486 | |||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 311,000 | 386,000 | 395,000 | 385,000 | 218,000 | 174,000 | 156,000 | 142,000 | 56,000 | 82,000 | 133,000 | 133,000 | 198,000 | 198,000 | 172,000 | 172,000 | 240,000 | 240,000 | 262,000 | 262,000 | 430,000 | 330,000 | 576,000 | 576,000 | 527,000 | 527,000 | 428,000 | 505,000 | 502,000 | 502,000 | 840,000 | 840,000 | 886,000 | 886,000 | 991,000 | 1,159,000 | 991,000 | 1,159,000 | 1,098,000 | 1,098,000 | 1,167,000 | 1,167,000 | 1,167,000 | 1,299,000 | 1,167,000 | 1,299,000 | 1,363,000 | 1,363,000 | 1,466,000 | 1,466,000 | 1,614,000 | 1,614,000 | 1,611,000 | 1,611,000 | 1,605,000 | 1,605,000 | 1,578,000 | 1,578,000 | 1,309,000 | 1,309,000 | 194,000 | 194,000 | 198,000 | 198,000 | 216,000 | 216,000 | 256,000 | 256,000 | 279,000 | 279,000 | 269,000 | 269,000 | 258,000 | 258,000 | 258,000 | 258,000 | 283,916 | 283,916 | 327,997 | 375,977 | 375,977 | 344,587 | 363,015 |
intangible assets, net of accumulated amortization | 397,000 | 399,000 | 387,000 | 406,000 | 235,000 | 284,000 | 299,000 | 332,000 | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method investments | 252,723,000 | 258,521,000 | 256,825,000 | 253,729,000 | 198,782,000 | 193,340,000 | 180,932,000 | 174,910,000 | 156,818,000 | 151,896,000 | 145,390,000 | 145,390,000 | 148,534,000 | 148,534,000 | 147,580,000 | 147,580,000 | 149,319,000 | 149,319,000 | 149,119,000 | 149,119,000 | 150,209,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative assets | 1,503,000 | 2,054,000 | 2,100,000 | 7,191,000 | 7,469,000 | 12,647,000 | 14,227,000 | 14,674,000 | 19,928,000 | 20,899,000 | 17,704,000 | 17,704,000 | 21,955,000 | 21,955,000 | 22,426,000 | 22,426,000 | 14,405,000 | 14,405,000 | 9,889,000 | 9,889,000 | 579,000 | 579,000 | 223,000 | 223,000 | 215,000 | 215,000 | 263,000 | 263,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use asset | 1,561,000 | 1,866,000 | 2,056,000 | 2,088,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | 2,500,000 | 2,500,000 | 2,500,000 | 1,250,000 | 1,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-current assets | 1,997,401,000 | 2,007,941,000 | 2,036,506,000 | 1,960,245,000 | 1,909,446,000 | 1,906,854,000 | 1,924,317,000 | 1,947,313,000 | 1,962,296,000 | 1,987,013,000 | 1,974,062,000 | 1,974,062,000 | 1,868,417,000 | 1,868,417,000 | 1,856,739,000 | 1,856,739,000 | 1,878,159,000 | 1,878,159,000 | 1,902,358,000 | 1,902,358,000 | 1,942,059,000 | 1,942,089,000 | 2,021,523,000 | 2,021,523,000 | 1,670,636,000 | 1,662,545,000 | 1,688,372,000 | 1,688,371,000 | 1,702,870,000 | 1,702,870,000 | 1,716,683,000 | 1,716,683,000 | 1,720,751,000 | 1,721,055,000 | 1,727,227,000 | 1,748,127,000 | 1,730,493,000 | 1,748,127,000 | 1,751,708,000 | 1,751,708,000 | 1,742,033,000 | 1,742,033,000 | 1,737,447,000 | 1,714,626,000 | 1,737,447,000 | 1,714,626,000 | 1,715,368,000 | 1,715,368,000 | 1,716,836,000 | 1,716,836,000 | 1,734,690,000 | 1,734,690,000 | 1,741,750,000 | 1,741,750,000 | 1,703,335,000 | 1,703,335,000 | 1,694,872,000 | 1,694,872,000 | 1,699,520,000 | 1,699,520,000 | 1,631,045,000 | 1,631,045,000 | 1,568,110,000 | 1,568,110,000 | 1,507,509,000 | 1,507,509,000 | 1,470,782,000 | 1,470,782,000 | |||||||||||||||
total assets | 2,299,676,000 | 2,381,525,000 | 2,266,338,000 | 2,180,629,000 | 2,124,380,000 | 2,129,640,000 | 2,197,164,000 | 2,202,685,000 | 2,240,002,000 | 2,264,815,000 | 2,244,570,000 | 2,244,570,000 | 2,096,738,000 | 2,096,738,000 | 2,094,428,000 | 2,094,428,000 | 2,124,865,000 | 2,124,865,000 | 2,165,379,000 | 2,165,379,000 | 2,155,726,000 | 2,157,425,000 | 2,228,583,000 | 2,228,583,000 | 1,833,249,000 | 1,828,817,000 | 1,848,353,000 | 1,848,269,000 | 1,839,408,000 | 1,839,408,000 | 1,846,655,000 | 1,846,779,000 | 1,846,389,000 | 1,846,801,000 | 1,854,287,000 | 1,874,571,000 | 1,854,677,000 | 1,874,253,000 | 1,864,504,000 | 1,864,504,000 | 1,847,025,000 | 1,847,025,000 | 1,848,981,000 | 1,832,751,000 | 1,848,981,000 | 1,832,751,000 | 1,813,295,000 | 1,813,295,000 | 1,813,515,000 | 1,813,515,000 | 1,825,717,000 | 1,825,717,000 | 1,853,887,000 | 1,853,887,000 | 1,810,301,000 | 1,810,301,000 | 1,793,593,000 | 1,793,593,000 | 1,790,258,000 | 1,790,258,000 | 1,724,843,000 | 1,724,843,000 | 1,659,758,000 | 1,659,758,000 | 1,619,435,000 | 1,619,435,000 | 1,590,633,000 | 1,590,633,000 | 1,570,644,000 | 1,570,644,000 | 1,515,067,000 | 1,515,067,000 | 1,487,416,000 | 1,487,416,000 | 1,408,461,000 | 1,408,461,000 | 1,370,455,511 | 1,370,455,511 | 1,247,402,247 | 1,357,964,262 | 1,357,964,262 | 1,325,502,362 | 1,325,226,052 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of secured term loan facilities, net of deferred financing costs | 170,930,000 | 147,589,000 | 124,291,000 | 250,087,000 | 213,007,000 | 118,450,000 | 171,315,000 | 120,327,000 | 120,006,000 | 119,694,000 | 117,197,000 | 117,197,000 | 209,833,000 | 99,009,000 | 201,650,000 | 201,650,000 | 222,684,000 | 222,684,000 | 162,164,000 | 162,164,000 | 148,570,000 | 148,570,000 | 127,091,000 | 127,091,000 | 86,715,000 | 86,715,000 | 83,541,000 | 83,541,000 | 65,663,000 | 65,662,000 | 62,535,000 | 62,535,000 | 72,107,000 | 72,107,000 | 64,775,000 | 64,703,000 | 64,775,000 | 64,703,000 | 67,779,000 | 67,779,000 | 67,827,000 | 67,827,000 | 67,712,000 | 68,857,000 | 67,712,000 | 68,857,000 | 70,261,000 | 70,261,000 | 73,274,000 | 73,274,000 | 76,287,000 | 76,287,000 | 81,559,000 | 81,559,000 | |||||||||||||||||||||||||||||
current portion of operating lease liabilities | 1,230,000 | 1,289,000 | 1,215,000 | 1,180,000 | 1,264,000 | 1,234,000 | 1,151,000 | 914,000 | 278,000 | 238,000 | 238,000 | 238,000 | 219,000 | 219,000 | 202,000 | 202,000 | 211,000 | 211,000 | 283,000 | 283,000 | 381,000 | 381,000 | 773,000 | 773,000 | 1,254,000 | 1,008,000 | 1,286,000 | 1,286,000 | 1,276,000 | 1,276,000 | 1,210,000 | 1,210,000 | 1,157,000 | 1,157,000 | 1,145,000 | 1,178,000 | 1,145,000 | 1,178,000 | 1,104,000 | 1,104,000 | 1,115,000 | 1,115,000 | 1,113,000 | 1,113,000 | |||||||||||||||||||||||||||||||||||||||
accounts payable | 12,061,000 | 12,582,000 | 13,674,000 | 13,823,000 | 12,098,000 | 9,513,000 | 10,556,000 | 11,643,000 | 9,527,000 | 10,207,000 | 8,065,000 | 8,065,000 | 7,773,000 | 7,773,000 | 7,697,000 | 7,697,000 | 9,067,000 | 9,067,000 | 15,269,000 | 15,269,000 | 13,197,000 | 11,600,000 | 12,565,000 | 12,565,000 | 9,990,000 | 8,618,000 | 9,779,000 | 9,780,000 | 8,565,000 | 8,565,000 | 14,703,000 | 14,703,000 | 10,994,000 | 10,994,000 | 12,276,000 | 10,472,000 | 12,276,000 | 10,472,000 | 8,351,000 | 8,351,000 | 13,451,000 | 13,451,000 | 9,142,000 | 10,784,000 | 9,142,000 | 10,784,000 | 7,258,000 | 7,258,000 | 10,163,000 | 10,163,000 | 7,594,000 | 7,594,000 | 8,071,000 | 8,071,000 | 8,057,000 | 8,057,000 | 7,889,000 | 7,889,000 | 5,618,000 | 5,618,000 | 6,388,000 | 6,388,000 | 5,371,000 | 5,371,000 | 6,458,000 | 6,458,000 | 5,498,000 | 5,498,000 | 11,471,000 | 11,471,000 | 4,226,000 | 4,226,000 | 7,907,000 | 7,907,000 | 6,634,000 | 6,634,000 | 6,447,708 | 6,447,708 | 8,078,608 | 10,338,879 | 10,338,879 | 7,954,169 | 13,585,924 |
accrued expenses and other liabilities | 33,895,000 | 37,139,000 | 35,887,000 | 24,334,000 | 28,947,000 | 26,124,000 | 25,369,000 | 20,847,000 | 18,396,000 | 21,166,000 | 21,050,000 | 21,050,000 | 24,866,000 | 24,708,000 | 22,525,000 | 22,525,000 | 21,305,000 | 21,305,000 | 22,150,000 | 22,150,000 | 21,255,000 | 20,247,000 | 24,037,000 | 24,037,000 | 21,921,000 | 23,676,000 | 18,657,000 | 18,573,000 | 16,488,000 | 16,488,000 | 18,161,000 | 18,161,000 | 15,601,000 | 15,515,000 | 16,531,000 | 14,674,000 | 16,811,000 | 14,124,000 | 15,701,000 | 15,701,000 | 13,055,000 | 13,055,000 | 13,812,000 | 12,798,000 | 13,812,000 | 12,798,000 | 16,669,000 | 16,669,000 | 14,105,000 | 14,105,000 | 12,057,000 | 12,057,000 | 12,478,000 | 12,478,000 | 11,208,000 | 11,208,000 | 10,578,000 | 10,578,000 | 12,395,000 | 12,395,000 | 11,377,000 | 11,377,000 | 9,295,000 | 9,295,000 | 12,117,000 | 12,117,000 | 10,116,000 | 10,116,000 | 9,065,000 | 9,065,000 | 6,732,000 | 6,732,000 | 6,603,000 | 6,603,000 | 6,547,000 | 6,547,000 | 5,311,464 | 5,311,464 | 6,275,170 | 7,731,635 | 7,731,635 | 8,047,332 | 6,438,384 |
accrued interest | 6,686,000 | 5,590,000 | 6,558,000 | 4,835,000 | 3,448,000 | 5,137,000 | 3,322,000 | 5,488,000 | 2,575,000 | 4,007,000 | 2,970,000 | 2,970,000 | 4,211,000 | 4,211,000 | 3,496,000 | 3,496,000 | 5,196,000 | 5,196,000 | 3,426,000 | 3,426,000 | 5,211,000 | 5,211,000 | 3,418,000 | 3,418,000 | 3,209,000 | 3,209,000 | 1,361,000 | 1,361,000 | 3,398,000 | 3,398,000 | 1,508,000 | 1,508,000 | 4,087,000 | 4,087,000 | 2,367,000 | 4,424,000 | 2,367,000 | 4,424,000 | 2,544,000 | 2,544,000 | 4,701,000 | 4,701,000 | 2,671,000 | 4,613,000 | 2,671,000 | 4,613,000 | 1,779,000 | 1,779,000 | 3,466,000 | 3,466,000 | 1,840,000 | 1,840,000 | 3,500,000 | 3,500,000 | 1,577,000 | 1,577,000 | 4,917,000 | 4,917,000 | 3,434,000 | 3,434,000 | 2,932,000 | 2,932,000 | 5,802,000 | 5,802,000 | 3,543,000 | 3,543,000 | 5,943,000 | 5,943,000 | 3,117,000 | 3,117,000 | 5,978,000 | 5,978,000 | 3,196,000 | 3,196,000 | 6,040,000 | 6,040,000 | 3,011,465 | 3,011,465 | 5,890,798 | 3,909,547 | 3,909,547 | 6,730,353 | 4,261,971 |
deferred income | 29,861,000 | 29,901,000 | 26,692,000 | 24,514,000 | 27,146,000 | 25,596,000 | 25,979,000 | 25,617,000 | 25,745,000 | 24,837,000 | 23,823,000 | 23,823,000 | 23,108,000 | 23,108,000 | 20,990,000 | 20,990,000 | 15,508,000 | 15,508,000 | 19,796,000 | 19,796,000 | 18,504,000 | 18,510,000 | 20,542,000 | 20,542,000 | 13,824,000 | 13,981,000 | 16,235,000 | 16,235,000 | 11,604,000 | 11,604,000 | 16,320,000 | 16,320,000 | 15,800,000 | 16,212,000 | 15,170,000 | 13,922,000 | 14,925,000 | 14,154,000 | 13,309,000 | 13,309,000 | 6,842,000 | 6,842,000 | 9,764,000 | 8,342,000 | 9,764,000 | 8,342,000 | 7,708,000 | 7,708,000 | 4,963,000 | 4,963,000 | 3,903,000 | 3,903,000 | 4,824,000 | 4,824,000 | 1,432,000 | 1,432,000 | 3,438,000 | 3,438,000 | 3,095,000 | 3,095,000 | 3,522,000 | 3,522,000 | 1,823,000 | 1,823,000 | 4,804,000 | 4,804,000 | 3,354,000 | 3,354,000 | 6,606,000 | 6,606,000 | 5,602,000 | 5,602,000 | 7,573,000 | 7,573,000 | 3,735,000 | 3,735,000 | 7,095,310 | 7,095,310 | 6,571,611 | 3,448,646 | 3,448,646 | 5,116,260 | 4,803,196 |
derivative liability | 2,425,000 | 1,015,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 257,088,000 | 235,105,000 | 208,317,000 | 318,773,000 | 286,443,000 | 186,559,000 | 238,210,000 | 185,442,000 | 177,118,000 | 181,568,000 | 173,898,000 | 173,898,000 | 270,605,000 | 159,623,000 | 257,872,000 | 257,872,000 | 274,400,000 | 274,400,000 | 223,445,000 | 223,445,000 | 207,342,000 | 204,743,000 | 188,863,000 | 188,863,000 | 137,119,000 | 137,413,000 | 131,074,000 | 130,991,000 | 107,223,000 | 107,222,000 | 115,050,000 | 115,174,000 | 220,191,000 | 121,209,000 | 211,663,000 | 109,824,000 | 211,698,000 | 109,506,000 | 108,788,000 | 108,788,000 | 106,991,000 | 106,991,000 | 104,214,000 | 105,394,000 | 104,214,000 | 105,394,000 | 103,675,000 | 103,675,000 | 105,971,000 | 105,971,000 | 101,681,000 | 101,681,000 | 110,432,000 | 110,432,000 | 107,285,000 | 107,285,000 | 98,781,000 | 98,781,000 | 240,068,000 | 240,068,000 | 127,683,000 | 127,683,000 | 205,099,000 | 205,099,000 | 213,158,000 | 213,158,000 | 86,302,000 | 86,302,000 | 92,238,000 | 92,238,000 | 82,292,000 | 82,292,000 | 91,583,000 | 91,583,000 | 83,806,000 | 83,806,000 | 80,216,255 | 80,216,255 | 82,641,495 | 83,729,015 | 83,729,015 | 86,123,422 | 89,839,783 |
non-current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured term loan facilities and revolving credit facilities, net of current portion and deferred financing costs | 624,242,000 | 741,055,000 | 679,324,000 | 504,995,000 | 461,550,000 | 579,113,000 | 560,638,000 | 700,318,000 | 726,065,000 | 731,282,000 | 731,282,000 | 497,514,000 | 608,338,000 | 447,941,000 | 447,941,000 | 463,472,000 | 463,472,000 | 569,157,000 | 604,790,000 | 649,652,000 | 649,652,000 | 515,989,000 | 515,989,000 | 536,265,000 | 536,265,000 | 552,594,000 | 552,595,000 | 553,321,000 | 553,321,000 | 546,254,000 | 546,254,000 | 562,443,000 | 578,676,000 | 562,443,000 | 578,676,000 | 635,375,000 | 635,375,000 | 616,573,000 | 616,573,000 | 613,545,000 | 599,676,000 | 613,545,000 | 599,676,000 | ||||||||||||||||||||||||||||||||||||||||
senior unsecured bond, net of deferred financing costs | 138,037,000 | 137,878,000 | 98,527,000 | 98,446,000 | 90,631,000 | 90,533,000 | 90,435,000 | 90,336,000 | 90,238,000 | 99,140,000 | 99,042,000 | 99,042,000 | 98,943,000 | 98,943,000 | 98,845,000 | 98,845,000 | 98,747,000 | 98,747,000 | 98,650,000 | 98,650,000 | 98,551,000 | 98,551,000 | 98,453,000 | 98,453,000 | 98,355,000 | 98,355,000 | 98,257,000 | 98,257,000 | 98,158,000 | 98,158,000 | 98,060,000 | 98,060,000 | 99,394,000 | 99,394,000 | 98,953,000 | 98,513,000 | 98,953,000 | 98,513,000 | 98,055,000 | 98,055,000 | 99,266,000 | 99,266,000 | 99,153,000 | 99,039,000 | 99,153,000 | 99,039,000 | 98,925,000 | 98,925,000 | 98,812,000 | 98,812,000 | 98,698,000 | 98,698,000 | 98,584,000 | 98,584,000 | |||||||||||||||||||||||||||||
operating lease liabilities, net of current portion | 1,945,000 | 2,287,000 | 2,344,000 | 2,574,000 | 3,077,000 | 2,867,000 | 3,160,000 | 3,500,000 | 3,994,000 | 4,184,000 | 4,192,000 | 4,192,000 | 4,032,000 | 4,032,000 | 3,737,000 | 3,737,000 | 4,097,000 | 4,097,000 | 4,550,000 | 4,550,000 | 522,000 | 522,000 | 575,000 | 575,000 | 4,681,000 | 4,963,000 | 4,963,000 | 5,232,000 | 5,232,000 | 5,267,000 | 5,267,000 | 5,353,000 | 5,353,000 | 5,683,000 | 6,329,000 | 5,683,000 | 6,329,000 | 6,193,000 | 6,193,000 | 6,674,000 | 6,674,000 | 7,071,000 | 7,071,000 | ||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 12,967,000 | 9,796,000 | 8,987,000 | 9,477,000 | 8,344,000 | 8,404,000 | 7,707,000 | 7,016,000 | 6,970,000 | 6,098,000 | 4,828,000 | 4,828,000 | 4,092,000 | 4,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-current liabilities | 777,191,000 | 891,016,000 | 789,182,000 | 615,492,000 | 599,999,000 | 719,005,000 | 701,639,000 | 784,169,000 | 844,505,000 | 880,188,000 | 885,820,000 | 885,820,000 | 652,721,000 | 763,703,000 | 674,160,000 | 674,160,000 | 691,005,000 | 691,005,000 | 797,004,000 | 797,004,000 | 835,228,000 | 835,228,000 | 881,359,000 | 881,359,000 | 749,217,000 | 744,536,000 | 771,294,000 | 771,294,000 | 789,790,000 | 789,791,000 | 793,370,000 | 793,516,000 | 690,248,000 | 789,642,000 | 710,696,000 | 824,845,000 | 710,696,000 | 824,845,000 | 813,526,000 | 813,526,000 | 795,333,000 | 795,333,000 | 792,752,000 | 772,247,000 | 792,752,000 | 772,247,000 | 750,843,000 | 750,843,000 | 749,846,000 | 749,846,000 | 763,147,000 | 763,147,000 | 780,242,000 | 780,242,000 | 741,266,000 | 741,266,000 | 732,401,000 | 732,401,000 | 590,538,000 | 590,538,000 | 640,680,000 | 640,680,000 | 506,326,000 | 506,326,000 | 464,877,000 | 464,877,000 | 574,440,000 | 574,440,000 | 568,315,000 | 568,315,000 | 554,885,000 | 554,885,000 | 540,898,000 | 540,898,000 | 496,797,000 | 496,797,000 | 484,508,954 | 484,508,954 | 383,471,531 | 516,809,108 | 516,809,108 | 502,021,685 | 514,734,262 |
total liabilities | 1,034,279,000 | 1,126,121,000 | 997,499,000 | 934,265,000 | 886,442,000 | 905,564,000 | 939,849,000 | 969,611,000 | 1,021,623,000 | 1,061,756,000 | 1,059,718,000 | 1,059,718,000 | 923,326,000 | 923,326,000 | 932,032,000 | 932,032,000 | 965,405,000 | 965,405,000 | 1,020,449,000 | 1,020,449,000 | 1,042,570,000 | 1,039,971,000 | 1,070,222,000 | 1,070,222,000 | 886,336,000 | 881,949,000 | 902,368,000 | 902,285,000 | 897,013,000 | 897,013,000 | 908,420,000 | 908,690,000 | 910,439,000 | 910,851,000 | 922,359,000 | 934,669,000 | 922,394,000 | 934,351,000 | 922,314,000 | 922,314,000 | 902,324,000 | 902,324,000 | 896,966,000 | 877,641,000 | 896,966,000 | 877,641,000 | 854,518,000 | 854,518,000 | 855,817,000 | 855,817,000 | 864,828,000 | 864,828,000 | 890,674,000 | 890,674,000 | 848,551,000 | 848,551,000 | 831,182,000 | 831,182,000 | 830,606,000 | 830,606,000 | 768,363,000 | 768,363,000 | 711,425,000 | 711,425,000 | 678,035,000 | 678,035,000 | 660,742,000 | 660,742,000 | 660,553,000 | 660,553,000 | 637,177,000 | 637,177,000 | 632,481,000 | 632,481,000 | 580,603,000 | 564,725,209 | |||||||
commitments and contingencies - note 12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock—0.01 par value per share... | 656,000 | 671,000 | 694,000 | 695,000 | 696,000 | 697,000 | 733,000 | 733,000 | 734,000 | 736,000 | 769,000 | 769,000 | 772,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 802,062,000 | 801,640,000 | 801,152,000 | 800,800,000 | 800,328,000 | 799,940,000 | 799,561,000 | 799,472,000 | 799,100,000 | 798,797,000 | 798,368,000 | 798,368,000 | 798,188,000 | 798,188,000 | 797,993,000 | 797,993,000 | 797,800,000 | 797,800,000 | 797,461,000 | 797,460,000 | 797,324,000 | 797,324,000 | 797,046,000 | 797,046,000 | 593,830,000 | 593,830,000 | 593,552,000 | 593,552,000 | 593,254,000 | 593,254,000 | 592,868,000 | 592,868,000 | 592,548,000 | 592,548,000 | 592,361,000 | 592,010,000 | 592,361,000 | 592,010,000 | 591,623,000 | 591,623,000 | 591,254,000 | 591,254,000 | 590,853,000 | 590,508,000 | 590,853,000 | 590,508,000 | 590,199,000 | 590,199,000 | 589,800,000 | 589,800,000 | 589,743,000 | 589,743,000 | 589,436,000 | 589,436,000 | 589,142,000 | 589,142,000 | 588,797,000 | 588,797,000 | 588,432,000 | 588,432,000 | 588,024,000 | 588,024,000 | 587,637,000 | 587,637,000 | 587,238,000 | 587,238,000 | 586,846,000 | 586,846,000 | 586,451,000 | 586,451,000 | 586,031,000 | 586,031,000 | 585,598,000 | 585,598,000 | 585,155,000 | 585,155,000 | 584,808,147 | 584,808,147 | 584,474,828 | 584,141,693 | 584,141,693 | 583,850,368 | 584,030,816 |
accumulated other comprehensive loss | -280,000 | 78,000 | -154,000 | -548,000 | -644,000 | -444,000 | -118,000 | -152,000 | -103,000 | -411,000 | -298,000 | -298,000 | -463,000 | -463,000 | -604,000 | -604,000 | -488,000 | -488,000 | -308,000 | -308,000 | -250,000 | -253,000 | -268,000 | -268,000 | -212,000 | -212,000 | -164,000 | -164,000 | -245,000 | -245,000 | -394,000 | -394,000 | -422,000 | -422,000 | -411,000 | -331,000 | -411,000 | -331,000 | -360,000 | -360,000 | -393,000 | -393,000 | -411,000 | -363,000 | -411,000 | -363,000 | -286,000 | -286,000 | -343,000 | -343,000 | -254,000 | -254,000 | -277,000 | -277,000 | -35,000 | -35,000 | -122,000 | -122,000 | -262,000 | -262,000 | -287,000 | -287,000 | -401,000 | -401,000 | -458,000 | -458,000 | -454,000 | -454,000 | -465,000 | -465,000 | -330,000 | -330,000 | -184,000 | -184,000 | -503,000 | -254,666 | -254,666 | -84,676 | -87,930 | ||||
retained earnings | 418,622,000 | 411,246,000 | 426,165,000 | 404,522,000 | 387,504,000 | 375,135,000 | 411,993,000 | 390,221,000 | 377,237,000 | 364,796,000 | 354,700,000 | 354,700,000 | 364,000,000 | 364,000,000 | 359,513,000 | 359,513,000 | 357,068,000 | 357,068,000 | 343,046,000 | 343,046,000 | 309,781,000 | 316,008,000 | 356,742,000 | 356,742,000 | 350,097,000 | 350,052,000 | 349,794,000 | 349,792,000 | 346,972,000 | 346,972,000 | 343,752,000 | 343,606,000 | 342,261,000 | 342,261,000 | 338,898,000 | 347,566,000 | 339,253,000 | 347,566,000 | 350,369,000 | 350,369,000 | 353,282,000 | 353,282,000 | 361,015,000 | 364,408,000 | 361,015,000 | 364,408,000 | 368,307,000 | 368,307,000 | 367,684,000 | 367,684,000 | 370,843,000 | 370,843,000 | 373,499,000 | 373,499,000 | 372,088,000 | 372,088,000 | 373,181,000 | 373,181,000 | 370,927,000 | 370,927,000 | 368,189,000 | 368,189,000 | 360,543,000 | 360,543,000 | 354,066,000 | 354,066,000 | 342,945,000 | 342,945,000 | 323,551,000 | 323,551,000 | 291,635,000 | 291,635,000 | 268,967,000 | 268,967,000 | 242,652,000 | 242,652,000 | 220,623,355 | 220,623,355 | 196,360,629 | 172,701,725 | 172,701,725 | 153,038,296 | 136,155,854 |
total navigator holdings ltd. stockholders’ equity | 1,221,060,000 | 1,213,635,000 | 1,227,857,000 | 1,205,469,000 | 1,187,884,000 | 1,175,328,000 | 1,212,169,000 | 1,190,274,000 | 1,176,968,000 | 1,163,918,000 | 1,153,517,000 | 1,153,517,000 | 1,162,494,000 | 1,162,494,000 | 1,157,675,000 | 1,157,675,000 | 1,155,153,000 | 1,155,153,000 | 1,140,971,000 | 1,140,971,000 | 1,109,751,000 | 1,113,851,000 | 1,155,334,000 | 1,155,334,000 | 944,275,000 | 944,230,000 | 943,741,000 | 943,740,000 | 940,540,000 | 940,540,000 | 936,785,000 | 936,639,000 | 934,946,000 | 934,946,000 | 931,407,000 | 931,762,000 | 939,803,000 | ||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest | 44,337,000 | 41,769,000 | 40,982,000 | 40,895,000 | 50,054,000 | 48,748,000 | 45,146,000 | 41,411,000 | 39,141,000 | 31,335,000 | 31,335,000 | 10,918,000 | 10,918,000 | 4,721,000 | 4,721,000 | 4,307,000 | 4,307,000 | 3,959,000 | 3,959,000 | 3,405,000 | 3,603,000 | 3,027,000 | 3,027,000 | 2,638,000 | 2,638,000 | 2,244,000 | 2,244,000 | 1,855,000 | 1,855,000 | 1,450,000 | 1,450,000 | 1,004,000 | 1,004,000 | 521,000 | 99,000 | 521,000 | 99,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total equity | 1,265,397,000 | 1,255,404,000 | 1,268,839,000 | 1,246,364,000 | 1,237,938,000 | 1,224,076,000 | 1,257,315,000 | 1,233,074,000 | 1,218,379,000 | 1,203,059,000 | 1,184,852,000 | 1,184,852,000 | 1,173,412,000 | 1,173,412,000 | 1,162,396,000 | 1,162,396,000 | 1,159,460,000 | 1,159,460,000 | 1,144,930,000 | 1,144,930,000 | 1,113,156,000 | 1,117,454,000 | 1,158,361,000 | 1,158,361,000 | 946,913,000 | 946,868,000 | 945,985,000 | 945,984,000 | 942,395,000 | 942,395,000 | 938,235,000 | 938,089,000 | 935,950,000 | 935,950,000 | 931,928,000 | 939,902,000 | 932,283,000 | 939,902,000 | |||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 2,299,676,000 | 2,381,525,000 | 2,266,338,000 | 2,180,629,000 | 2,124,380,000 | 2,129,640,000 | 2,197,164,000 | 2,240,002,000 | 2,264,815,000 | 2,244,570,000 | 2,244,570,000 | 2,094,428,000 | 2,094,428,000 | 2,124,865,000 | 2,124,865,000 | 2,165,379,000 | 2,228,583,000 | 2,228,583,000 | 1,833,249,000 | 1,828,817,000 | 1,848,269,000 | 1,846,655,000 | 1,846,779,000 | 1,846,389,000 | 1,846,801,000 | 1,854,287,000 | 1,874,571,000 | 1,854,677,000 | 1,864,504,000 | 1,864,504,000 | 1,847,025,000 | 1,847,025,000 | 1,848,981,000 | 1,832,751,000 | 1,848,981,000 | 1,832,751,000 | 1,813,295,000 | 1,813,295,000 | 1,813,515,000 | 1,813,515,000 | 1,825,717,000 | 1,825,717,000 | 1,853,887,000 | 1,853,887,000 | 1,810,301,000 | 1,810,301,000 | 1,793,593,000 | 1,793,593,000 | 1,790,258,000 | 1,790,258,000 | 1,724,843,000 | 1,724,843,000 | 1,659,758,000 | 1,659,758,000 | 1,619,435,000 | 1,619,435,000 | 1,590,633,000 | 1,590,633,000 | 1,570,644,000 | 1,570,644,000 | 1,515,067,000 | 1,515,067,000 | 1,487,416,000 | 1,487,416,000 | 1,408,461,000 | 1,408,461,000 | 1,370,455,511 | 1,370,455,511 | 1,247,402,247 | 1,357,964,262 | 1,357,964,262 | 1,325,502,362 | 1,325,226,052 | ||||||||||
amounts due to related parties | 533,000 | 505,000 | 518,000 | 606,000 | 591,000 | 1,419,000 | 555,000 | 555,000 | 595,000 | 595,000 | 1,312,000 | 1,312,000 | 429,000 | 429,000 | 357,000 | 357,000 | 224,000 | 224,000 | 437,000 | 437,000 | 206,000 | 206,000 | 215,000 | 215,000 | 229,000 | 229,000 | 613,000 | 737,000 | 1,051,000 | 1,137,000 | 446,000 | 451,000 | 446,000 | 451,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash | 127,691,000 | 138,456,000 | 172,240,000 | 158,242,000 | 178,666,000 | 180,386,000 | 190,863,000 | 190,863,000 | 153,194,000 | 153,194,000 | 157,097,000 | 157,097,000 | 151,216,000 | 151,216,000 | 168,120,000 | 124,010,000 | 124,223,000 | 105,827,000 | 105,827,000 | 96,356,000 | 96,356,000 | 85,249,000 | 85,249,000 | 59,271,000 | 59,271,000 | 67,056,000 | 53,082,000 | 61,252,000 | 66,227,000 | 66,130,000 | 56,951,000 | 56,951,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
bunkers and lubricant oils | 11,955,000 | 12,643,000 | 10,574,000 | 9,044,000 | 12,473,000 | 10,695,000 | 10,463,000 | 10,463,000 | 8,548,000 | 8,548,000 | 12,849,000 | 12,849,000 | 14,992,000 | 14,992,000 | 14,141,000 | 14,141,000 | 13,171,000 | 13,171,000 | 14,102,000 | 14,102,000 | 11,196,000 | 11,196,000 | 9,600,000 | 9,600,000 | 8,428,000 | 8,428,000 | 9,665,000 | 9,665,000 | 9,155,000 | 9,155,000 | 10,705,000 | 9,645,000 | 10,705,000 | 9,645,000 | 8,446,000 | 8,446,000 | 10,249,000 | 10,249,000 | 11,495,000 | 8,789,000 | 11,495,000 | 8,789,000 | 10,550,000 | 10,550,000 | 7,122,000 | 7,122,000 | 7,520,000 | 7,520,000 | 8,008,000 | 8,008,000 | 7,507,000 | 7,507,000 | 7,398,000 | 7,398,000 | |||||||||||||||||||||||||||||
right-of-use asset for operating leases | 3,020,000 | 2,322,000 | 2,584,000 | 2,873,000 | 3,009,000 | 3,368,000 | 3,577,000 | 3,577,000 | 3,625,000 | 3,625,000 | 4,062,000 | 4,062,000 | 4,451,000 | 4,451,000 | 4,998,000 | 4,998,000 | 923,000 | 923,000 | 1,210,000 | 1,210,000 | 5,137,000 | 690,000 | 5,422,000 | 5,422,000 | 5,701,000 | 5,701,000 | 5,977,000 | 5,977,000 | 6,249,000 | 6,249,000 | 6,517,000 | 6,781,000 | 6,517,000 | 6,781,000 | 7,041,000 | 7,041,000 | 7,297,000 | 7,297,000 | 7,550,000 | 7,550,000 | |||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies - note 11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other non- current assets | 1,372,000 | 1,372,000 | 452,000 | 2,037,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured term loan and revolving credit facilities, net of current portion and deferred financing costs | 641,975,000 | 569,157,000 | 604,790,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 42,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 2,202,685,000 | 2,096,738,000 | 2,096,738,000 | 2,165,379,000 | 2,155,726,000 | 2,157,425,000 | 1,848,353,000 | 1,839,408,000 | 1,839,408,000 | 1,874,253,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other non-current assets | 355,000 | 355,000 | 293,000 | 293,000 | 110,000 | 110,000 | 1,134,000 | 1,134,000 | 452,000 | 1,120,000 | 1,120,000 | 1,522,000 | 1,522,000 | 1,402,000 | 1,402,000 | 2,037,000 | 2,543,000 | 2,543,000 | 3,398,000 | 3,702,000 | 2,911,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 584 | 251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 15,765,000 | 15,765,000 | 8,144,000 | 8,144,000 | 25,944,000 | 31,352,000 | 31,352,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 417 | 196,000 | 196,000 | 339,000 | 339,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock—.01 par value per share... | 747,000 | 747,000 | 773,000 | 773,000 | 773,000 | 773,000 | 772,000 | 773,000 | 772,000 | 771,000 | 771,000 | 560,000 | 560,000 | 559,000 | 560,000 | 559,000 | 559,000 | 559,000 | 559,000 | 559,000 | 559,000 | 559,000 | 558,000 | 559,000 | 558,000 | 558,000 | 558,000 | 558,000 | 558,000 | 558,000 | 557,000 | 558,000 | 557,000 | 555,000 | 555,000 | 554,000 | |||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 172 | 239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior secured bond, net of deferred financing costs | 55,320,000 | 55,320,000 | 60,374,000 | 60,374,000 | 68,529,000 | 68,529,000 | 67,688,000 | 67,688,000 | 68,060,000 | 68,060,000 | 69,368,000 | 69,368,000 | 69,644,000 | 69,636,000 | 69,580,000 | 69,580,000 | 62,633,000 | 62,633,000 | 60,936,000 | 60,936,000 | 56,142,000 | 67,503,000 | 56,142,000 | 67,503,000 | 65,197,000 | 65,197,000 | 69,311,000 | 69,311,000 | 68,612,000 | 68,378,000 | 68,612,000 | 68,378,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
derivative liabilities | 18,210,000 | 18,210,000 | 12,725,000 | 12,725,000 | 2,869,000 | 2,869,000 | 8,800,000 | 8,800,000 | 8,140,000 | 8,140,000 | 2,943,000 | 2,943,000 | 2,715,000 | 2,723,000 | 3,007,000 | 3,007,000 | 11,239,000 | 11,385,000 | 13,377,000 | 13,377,000 | 19,730,000 | 5,769,000 | 19,730,000 | 5,769,000 | 8,706,000 | 8,706,000 | 3,509,000 | 3,509,000 | 4,371,000 | 5,154,000 | 4,371,000 | 5,154,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 509 | 239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 426 | 260,000 | 260,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 458 | 278,000 | 278,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset held for sale | 26,033,000 | 4,543,000 | 4,543,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 96 | 400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in equity accounted joint ventures | 147,963,000 | 147,211,000 | 151,210,000 | 151,210,000 | 148,665,000 | 148,665,000 | 145,956,000 | 145,956,000 | 135,310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in associate companies | 1,152,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity hedging reserve | 2,124,000 | 1,043,000 | 1,043,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 387 | 400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 295 | 207,000 | 207,000 | 242,000 | 283,000 | 205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in equity accounted joint venture | 143,665,000 | 143,665,000 | 147,213,000 | 135,310,000 | 127,619,000 | 130,660,000 | 127,974,000 | 130,660,000 | 117,656,000 | 117,656,000 | 93,814,000 | 93,814,000 | 74,809,000 | 42,462,000 | 74,809,000 | 42,462,000 | 25,994,000 | 25,994,000 | 10,475,000 | 10,475,000 | 10,494,000 | 10,494,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in associated companies | 1,486,000 | 1,486,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 341 | 242,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 279 | 277,000 | 277,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels in operation | 1,592,100,000 | 1,609,527,000 | 1,639,755,000 | 1,653,921,000 | 1,670,865,000 | 1,653,921,000 | 1,670,865,000 | 1,688,011,000 | 1,688,011,000 | 1,704,895,000 | 1,704,895,000 | 1,722,582,000 | 1,722,582,000 | 1,740,139,000 | 1,740,139,000 | 1,673,139,000 | 1,673,139,000 | 1,638,217,000 | 1,638,217,000 | 1,601,279,000 | 1,601,279,000 | 1,480,359,000 | 1,480,359,000 | 1,413,887,000 | 1,413,887,000 | 1,345,010,000 | 1,345,010,000 | 1,307,161,000 | 1,307,161,000 | 1,264,451,000 | 1,264,451,000 | 1,223,311,000 | 1,223,311,000 | 1,190,351,000 | 1,190,351,000 | 1,182,598,000 | 1,182,598,000 | 1,145,066,299 | 1,145,066,299 | 1,051,356,195 | 1,059,710,983 | 1,059,710,983 | 1,015,502,346 | 1,026,226,551 | |||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 939,803,000 | 942,190,000 | 942,190,000 | 944,701,000 | 944,701,000 | 952,015,000 | 955,110,000 | 952,015,000 | 955,110,000 | 958,777,000 | 958,777,000 | 957,698,000 | 957,698,000 | 960,889,000 | 960,889,000 | 963,213,000 | 963,213,000 | 961,750,000 | 961,750,000 | 962,411,000 | 962,411,000 | 959,652,000 | 959,652,000 | 956,480,000 | 956,480,000 | 948,333,000 | 948,333,000 | 941,400,000 | 941,400,000 | 929,891,000 | 929,891,000 | 910,091,000 | 910,091,000 | 877,890,000 | 877,890,000 | 854,935,000 | 854,935,000 | 827,858,000 | 827,858,000 | 805,730,302 | 805,730,302 | 781,289,221 | 757,426,139 | 757,426,139 | 737,357,255 | 720,652,007 | |||||||||||||||||||||||||||||||||||||
secured term loan facilities, net of current portion and deferred financing costs | 651,918,000 | 651,918,000 | 651,034,000 | 651,034,000 | 664,449,000 | 664,449,000 | 681,658,000 | 681,658,000 | 641,266,000 | 641,266,000 | 632,401,000 | 632,401,000 | 490,538,000 | 490,538,000 | 540,680,000 | 540,680,000 | 381,326,000 | 381,326,000 | 339,877,000 | 339,877,000 | 449,440,000 | 449,440,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock—.01 par value... | 557,000 | 557,000 | 557,000 | 557,000 | 557,000 | 557,000 | 555,000 | 555,000 | 555,000 | 555,000 | 555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recoverable | 825,000 | 825,000 | 99,000 | 99,000 | 376,000 | 376,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 855,000 | 855,000 | 5,422,000 | 5,422,000 | 5,881,000 | 5,881,000 | 6,007,000 | 6,007,000 | 10,289,000 | 10,289,000 | 10,806,000 | 10,806,000 | 6,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior unsecured bond | 25,000,000 | 25,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt, net of deferred financing costs | 85,011,000 | 85,011,000 | 71,959,000 | 71,959,000 | 215,526,000 | 215,526,000 | 78,464,000 | 78,464,000 | 182,808,000 | 182,808,000 | 186,236,000 | 186,236,000 | 61,391,000 | 61,391,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 7,283,000 | 7,283,000 | 6,937,000 | 6,937,000 | 6,750,000 | 6,750,000 | 5,814,000 | 5,814,000 | 4,677,000 | 4,677,000 | 3,480,000 | 3,480,000 | 3,766,000 | 3,766,000 | 5,949,000 | 5,949,000 | 5,768,000 | 5,768,000 | 4,810,597 | 4,810,597 | 5,946,689 | 7,193,709 | 7,193,709 | 6,968,604 | 5,924,201 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – .01 par value... | 555,000 | 554,000 | 554,000 | 554,000 | 554,000 | 554,000 | 554,000 | 554,000 | 554,000 | 553,466 | 553,391 | 553,267 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000,000 shares authorized; 55,437,695 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, | 554,000 | 553,391 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000,000 shares authorized; 55,426,872 shares issued and outstanding, | 554,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term accounts receivable | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,036 | 198,036 | 316,559 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs | 10,139,000 | 10,139,000 | 7,382,000 | 7,382,000 | 8,233,000 | 8,233,000 | 8,864,000 | 8,864,000 | 9,066,101 | 9,066,101 | 9,756,116 | 10,050,069 | 10,050,069 | 10,745,114 | 11,436,165 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 61,979,000 | 61,979,000 | 59,754,000 | 59,754,000 | 66,304,000 | 66,304,000 | 60,850,000 | 60,850,000 | 58,350,308 | 58,350,308 | 55,825,308 | 58,300,308 | 58,300,308 | 58,275,308 | 60,750,308 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured term loan facilities, net of current portion | 443,315,000 | 443,315,000 | 429,885,000 | 429,885,000 | 415,898,000 | 415,898,000 | 371,797,000 | 371,797,000 | 359,508,954 | 359,508,954 | 258,471,531 | 391,809,108 | 391,809,108 | 377,021,685 | 389,734,262 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000,000 shares authorized; 55,363,467 shares issued and outstanding, | 554,000 | 554,000 | 554,000 | 554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – .01 par value per share... | 554,000 | 553,466 | 553,267 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -503,000 | -99,627 | 29,330 | 29,330 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debtors | 316,559 | 316,559 | 316,559 | 316,559 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000,000 shares authorized; 55,339,119 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000,000 shares authorized; 55,339,119 shares issued and outstanding, | 553,391 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit on vessel acquisitions |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-05-22 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-05-23 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-06-10 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-05-28 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-05-13 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-05-09 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-05-08 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-05-09 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-05-05 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 35,801,000 | 22,241,000 | 28,723,000 | 22,858,000 | 71,187,239 | 26,842 | 24,919 | 19,144,000 | 21,383,000 | 27,495,000 | 18,850,000 | 18,850,000 | 52,019,000 | 30,253,000 | 14,370,000 | 27,394,000 | 27,394,000 | -36,295,000 | 654,000 | 3,209,000 | 3,209,000 | -624,000 | -13,694,000 | -7,733,000 | -3,257,000 | -3,257,000 | -6,362,000 | 1,319,000 | -3,159,000 | 696,000 | 696,000 | 6,403,000 | 1,645,000 | 2,254,000 | 2,738,000 | 2,738,000 | 38,162,000 | 25,871,000 | 11,121,000 | 19,394,000 | 19,394,000 | 27,082,000 | 22,668,000 | 26,315,000 | 22,029,000 | 22,029,000 | 24,262,726 | 40,541,346 | 19,663,429 | 16,882,442 | ||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on non-designated derivative instruments | 2,368,000 | 123,000 | 2,262,000 | 278,000 | 7,202,972 | 1,581 | 447 | -740,000 | 269,000 | -547,000 | -547,000 | -8,232,000 | -1,991,000 | -6,354,000 | 13,961,000 | 13,961,000 | 5,812,000 | |||||||||||||||||||||||||||||||||||||||
realized loss on non-designated derivative instruments | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 32,937,000 | 34,827,000 | 34,186,000 | 32,645,000 | 100,013,210 | 33,350 | 33,440 | 32,828,000 | 32,353,000 | 32,190,000 | 31,831,000 | 31,831,000 | 93,378,000 | 64,184,000 | 31,357,000 | 31,462,000 | 31,342,000 | 64,432,000 | 43,570,000 | 19,473,000 | 19,273,000 | 19,273,000 | 57,501,000 | 38,390,000 | 19,151,000 | 19,210,000 | 19,210,000 | 57,164,000 | 37,957,000 | 18,914,000 | 18,947,000 | 18,947,000 | 57,294,000 | 38,227,000 | 19,029,000 | 19,381,000 | 19,381,000 | 54,801,000 | 36,421,000 | 18,304,000 | 17,634,000 | 17,634,000 | 46,476,000 | 30,380,000 | 15,276,000 | 14,575,000 | 14,575,000 | 14,593,000 | 12,949,000 | 13,111,000 | 12,800,000 | 12,800,000 | 12,081,566 | 22,581,082 | 11,146,102 | 11,048,746 |
payment of drydocking costs | -6,882,000 | -7,904,000 | -4,202,000 | -8,507,000 | -23,540,071 | -5,364 | -4,565 | -2,582,000 | -5,515,000 | -1,419,000 | -2,908,000 | -2,908,000 | -6,872,000 | -3,674,000 | -3,366,000 | -4,426,000 | -4,426,000 | -4,640,000 | -5,243,000 | -7,409,000 | -2,652,000 | -2,652,000 | -2,885,000 | -4,761,000 | -1,166,000 | -1,380,000 | -1,380,000 | -2,463,000 | -3,900,000 | -3,485,000 | -1,675,000 | -1,675,000 | -921,000 | -1,995,000 | 133,000 | -368,000 | -173,000 | -2,420,000 | -5,279,000 | -2,030,000 | -2,030,000 | -4,535,000 | -2,484,000 | -4,595,000 | 56,000 | 56,000 | -203,975 | -2,838,615 | -2,274,402 | -3,496 | ||||||
share-based compensation expense | 422,000 | 488,000 | 352,000 | 472,000 | 855,532 | 379 | 89 | |||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 924,000 | 950,000 | 790,000 | 1,621,000 | 2,462,308 | 851 | 841 | 642,000 | 1,137,000 | 1,015,000 | 922,000 | 922,000 | 871,000 | 1,028,000 | 962,000 | 1,002,000 | 1,002,000 | 889,000 | 1,135,000 | 804,000 | 840,000 | 828,000 | 818,000 | 1,585,000 | 1,178,000 | 1,073,000 | 1,074,000 | 1,682,000 | 1,463,000 | 869,000 | 604,000 | 604,000 | 600,000 | 561,000 | 563,000 | 568,000 | 568,000 | 110,000 | 599,000 | 1,163,000 | 1,345,000 | 1,345,000 | 858,000 | 762,000 | 739,000 | 732,000 | 732,000 | 723,000 | 851,000 | 734,000 | 2,498,000 | 2,498,000 | 722,994 | 743,953 | 695,045 | 691,051 |
share of results of equity method investments | -3,273,000 | -4,805,000 | 904,000 | -5,620,000 | -11,281,923 | -4,687 | -4,390 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred taxes | 3,171,000 | 809,000 | -490,000 | 1,938,000 | 1,326,607 | 701 | 692 | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments under operating lease obligations | -331,000 | 0 | -397,000 | -300,000 | -712,680 | -217 | -103 | |||||||||||||||||||||||||||||||||||||||||||||||||
other income | 0 | 0 | -4,801,000 | -96,000 | -89,000 | -72,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other unrealized foreign exchange gain | 106,000 | 859,805 | -110,000 | -23,000 | -23,000 | -475,000 | -49,000 | -46,000 | 76,000 | 386,000 | 134,000 | -8,000 | -432,000 | -7,000 | 437,000 | -151,000 | -81,000 | 34,000 | 34,000 | |||||||||||||||||||||||||||||||||||||
profit from sale of vessel | -12,589,000 | 144,000 | 0 | 120,000 | -478,000 | -358,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -4,329,000 | 2,140,000 | -3,870,000 | 3,934,000 | 1,666,548 | 21,824 | -6,372 | -17,574,000 | 6,424,000 | -1,591,000 | -3,667,000 | -3,667,000 | 3,873,000 | 2,482,000 | -2,926,000 | 10,232,000 | 10,671,000 | 1,674,000 | -1,542,000 | 6,003,000 | -12,248,000 | -15,912,000 | 7,953,000 | 482,000 | 2,270,000 | -904,000 | -659,000 | 170,000 | -3,466,000 | 3,452,000 | -6,585,000 | -6,585,000 | -3,233,000 | -2,303,000 | 1,676,000 | 1,716,000 | 1,716,000 | 2,259,000 | -3,999,000 | -880,000 | -5,211,000 | -5,211,000 | -1,343,000 | 1,965,000 | -2,208,000 | -2,208,000 | 426,000 | -3,368,000 | -76,000 | -76,000 | -996,853 | -1,205,458 | 3,351,821 | 1,640,981 | ||
insurance claims receivables | -87,000 | -1,317,000 | -2,662,000 | -1,845,000 | -4,567,757 | -1,744 | -1,499 | |||||||||||||||||||||||||||||||||||||||||||||||||
bunkers and lubricant oils | 3,920,000 | 1,293,000 | -1,778,000 | -1,798,000 | -2,907,400 | -2,069 | -1,531 | 3,429,000 | -1,778,000 | -232,000 | -1,915,000 | -1,915,000 | 3,636,000 | 2,143,000 | -851,000 | -970,000 | -970,000 | 932,000 | -867,000 | -1,596,000 | -1,172,000 | -1,172,000 | 1,237,000 | -510,000 | 1,550,000 | -1,060,000 | -1,060,000 | -1,199,000 | 1,803,000 | 1,246,000 | -2,706,000 | -2,706,000 | 1,761,000 | -3,428,000 | 398,000 | 488,000 | 488,000 | -504,000 | ||||||||||||||||||
accrued income, prepaid expenses and other current assets | -578,000 | -3,292,000 | -2,907,000 | -291,000 | -6,196,000 | 12,971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued interest, accrued expenses and other liabilities | -2,711,000 | 2,402,000 | 15,304,000 | -4,666,000 | 7,969,414 | 44 | 1,542 | 5,245,000 | -2,004,000 | 5,173,000 | -3,913,000 | -3,913,000 | 11,457,000 | 3,513,000 | -9,639,000 | 5,147,000 | 5,147,000 | -3,410,000 | -1,695,000 | -1,789,000 | 5,718,000 | 5,635,000 | -10,606,000 | 4,177,000 | 2,958,000 | 3,703,000 | 1,839,000 | 2,638,000 | -626,000 | -626,000 | ||||||||||||||||||||||||||
amounts from related parties | 1,648,000 | 3,651,000 | 1,110,000 | -7,758,000 | 3,130,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 49,488,000 | 40,439,000 | 63,305,000 | 45,502,000 | 164,904,491 | 67,387 | 49,122 | 59,170,000 | 44,260,000 | 32,015,000 | 39,257,000 | 39,257,000 | 36,781,000 | 34,822,000 | 24,691,000 | 34,014,000 | 34,014,000 | 32,996,000 | 10,297,000 | 25,511,000 | 29,185,000 | 29,185,000 | -8,701,000 | 20,638,000 | 13,789,000 | 18,947,000 | 18,642,000 | 15,310,000 | 17,653,000 | 13,954,000 | 2,783,000 | 2,783,000 | 21,743,000 | 12,628,000 | 21,049,000 | 22,097,000 | 22,097,000 | 23,966,000 | 11,903,000 | 24,126,000 | 15,926,000 | 15,926,000 | 27,994,000 | 19,711,000 | 21,925,000 | 17,118,000 | 17,118,000 | 44,255,000 | 39,829,000 | 38,798,000 | 26,672,000 | 26,672,000 | 36,096,965 | 39,787,046 | 21,808,965 | 32,150,716 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 49,488,000 | 40,439,000 | 63,305,000 | 45,502,000 | 164,904,491 | 67,387 | 49,122 | 59,170,000 | 44,260,000 | 32,015,000 | 39,257,000 | 39,257,000 | 36,781,000 | 34,822,000 | 24,691,000 | 34,014,000 | 34,014,000 | 32,996,000 | 10,297,000 | 25,511,000 | 29,185,000 | 29,185,000 | -8,701,000 | 20,638,000 | 13,789,000 | 18,947,000 | 18,642,000 | 15,310,000 | 17,653,000 | 13,954,000 | 2,783,000 | 2,783,000 | 21,743,000 | 12,628,000 | 21,049,000 | 22,097,000 | 22,097,000 | 23,966,000 | 11,903,000 | 24,126,000 | 15,926,000 | 15,926,000 | 27,994,000 | 19,711,000 | 21,925,000 | 17,118,000 | 17,118,000 | 44,255,000 | 39,829,000 | 38,798,000 | 26,672,000 | 26,672,000 | 36,096,965 | 39,787,046 | 21,808,965 | 32,150,716 |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to vessels and equipment | -897,000 | -1,000 | -83,741,000 | 0 | 0 | -48,844,000 | -142,883,000 | -142,883,000 | -42,926,000 | -1,711,000 | -536,000 | -546,000 | -546,000 | |||||||||||||||||||||||||||||||||||||||||||
vessels under construction | -37,656,000 | 0 | -20,580,000 | -20,627,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions to equity method investments | 0 | 0 | -4,000,000 | -56,995,000 | -31,980,997 | -16,003 | -8,000 | -18,522,000 | -9,036,000 | |||||||||||||||||||||||||||||||||||||||||||||||
distributions from equity method investments | 9,071,000 | 7,668,000 | 19,409,350 | 8,282 | 6,368 | 5,971,000 | 7,885,000 | 8,488,000 | 8,446,000 | 8,446,000 | 6,907,000 | 6,412,000 | 6,557,000 | 7,593,000 | 7,593,000 | |||||||||||||||||||||||||||||||||||||||||
investment in preferred securities | 0 | 0 | -1,250,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of vessel | 30,380,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recoveries | 208,000 | 273,000 | 2,014,000 | 2,259,000 | 1,312,989 | -1 | 1,012 | -1,305,000 | -769,000 | 1,336,000 | 1,265,000 | 1,265,000 | 3,250,000 | 5,142,000 | 0 | 871,000 | 871,000 | 1,996,000 | 0 | 0 | 411,000 | 411,000 | 2,727,000 | 131,000 | 491,000 | 118,000 | 118,000 | 1,052,000 | 1,000,000 | -7,000 | 705,000 | 28,000 | 277,000 | 277,000 | 0 | -1,000 | 505,000 | 486,000 | 486,000 | 4,674,000 | 0 | 0 | 4,700,000 | 4,700,000 | 0 | 0 | 134,000 | 257,000 | 257,000 | |||||||
net cash from investing activities | 1,106,000 | 20,835,000 | -107,557,000 | -67,889,000 | -33,089,658 | -7,722 | -620 | -13,904,000 | -1,976,000 | -27,457,000 | -133,144,000 | -133,144,000 | -14,555,000 | 9,843,000 | 5,987,000 | 34,365,000 | 34,365,000 | 12,181,000 | 4,822,000 | -2,961,000 | -2,961,000 | -99,000 | -8,160,000 | -7,701,000 | -191,000 | -546,000 | -13,279,000 | -24,182,000 | -20,262,000 | -32,686,000 | -32,686,000 | -17,292,000 | -14,689,000 | 109,000 | -10,455,000 | -10,455,000 | -32,411,000 | -26,880,000 | -38,107,000 | -85,627,000 | -85,627,000 | -74,721,000 | -73,986,000 | -46,736,000 | -42,710,000 | -42,710,000 | -76,011,000 | -6,131,000 | -72,539,000 | -51,175,000 | -51,175,000 | -134,381,430 | -5,454,876 | -66,119,544 | -22,648,582 | |
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from secured term loan facilities and revolving credit facilities | 0 | 302,608,000 | 74,600,000 | 115,251,000 | 0 | 0 | 36,000,000 | 7,500,000 | 0 | 35,000,000 | 20,000,000 | 107,000,000 | 107,000,000 | |||||||||||||||||||||||||||||||||||||||||||
direct financing cost of secured term loan and revolving credit facilities and unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of share capital | -22,538,000 | -32,917,000 | -1,931,000 | -1,100,000 | -55,901,413 | -52,786 | -801 | -1,102,000 | -3,040,000 | -16,486,000 | -28,108,000 | -28,108,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds of unsecured bonds | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of secured term loan facilities and revolving credit facilities | -94,181,000 | -213,005,000 | -26,344,000 | -35,415,000 | -189,208,797 | -35,127 | -31,076 | -58,781,000 | -26,231,000 | -34,964,000 | -148,335,000 | -148,335,000 | -80,352,000 | -37,301,000 | -45,923,000 | -22,854,000 | -22,854,000 | -24,172,000 | -19,450,000 | -17,658,000 | -16,446,000 | -16,446,000 | -33,333,000 | -193,567,000 | -16,634,000 | -16,633,000 | -16,633,000 | -60,851,000 | -17,438,000 | -17,437,000 | -93,275,000 | -93,275,000 | ||||||||||||||||||||||||
repayment of refinancing of vessel to related parties | -44,001,000 | -4,941,745 | -1,611 | -1,644 | -1,628,000 | -1,774,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash received from non-controlling interest | -1,000 | 0 | 6,913,000 | 20,353,000 | 20,353,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
dividend paid to non-controlling interest | -4,080,000 | 0 | -1,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -3,278,000 | -3,469,000 | -10,777,688 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -120,450,000 | 86,290,000 | 44,464,000 | 35,582,000 | -161,464,643 | -96,733 | -33,624 | -43,704,000 | -14,961,000 | 130,908,000 | 130,908,000 | -23,292,000 | -38,784,000 | -47,582,000 | -24,482,000 | -24,482,000 | -26,781,000 | -19,841,000 | -246,000 | -18,659,000 | 7,148,000 | 16,195,000 | -302,000 | 12,283,000 | 12,283,000 | 16,606,000 | -2,577,000 | -16,876,000 | -22,937,000 | -22,937,000 | 35,416,000 | 21,317,000 | -2,869,000 | 58,077,000 | 58,077,000 | 54,152,000 | 37,259,000 | 14,543,000 | 14,944,000 | 14,944,000 | 12,175,000 | 7,437,000 | 49,452,000 | 12,491,000 | 12,491,000 | |||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | -976,000 | 847,000 | -991,000 | -1,089,000 | -881,404 | 3,284 | -880 | |||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -70,832,000 | 148,411,000 | -779,000 | 12,106,000 | -30,531,214 | -33,784 | 13,998 | -20,424,000 | -1,720,000 | -10,477,000 | 37,669,000 | 37,669,000 | -3,903,000 | 5,881,000 | -16,904,000 | 43,897,000 | 43,897,000 | 18,396,000 | 9,471,000 | 11,107,000 | 25,978,000 | 25,978,000 | 97,000 | 97,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 0 | 139,797,000 | 0 | 0 | 0 | 153,194,000 | 153,194,000 | 0 | 0 | 124,223,000 | 124,223,000 | 0 | 0 | 59,271,000 | 59,271,000 | 0 | 0 | 66,130,000 | 66,130,000 | 0 | 0 | 71,515,000 | 71,515,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | -70,832,000 | 148,411,000 | 139,018,000 | 12,106,000 | -1,720,000 | -10,477,000 | 190,863,000 | 190,863,000 | 5,881,000 | -16,904,000 | 168,120,000 | 168,120,000 | 9,471,000 | 11,107,000 | 85,249,000 | 85,249,000 | 5,804,000 | -4,975,000 | 66,227,000 | 66,227,000 | 9,666,000 | -6,610,000 | 53,895,000 | 53,895,000 | ||||||||||||||||||||||||||||||||
supplemental information | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest paid during the period, net of amounts capitalized | 14,271,000 | 15,157,000 | 10,488,000 | 42,431,888 | 10,723 | 17,389 | 14,873,000 | 12,058,000 | 14,178,000 | 14,178,000 | 17,234,000 | 4,980,000 | 11,606,000 | 11,606,000 | 6,706,000 | 9,986,000 | 12,365,000 | 12,702,000 | 9,424,000 | 13,352,000 | 13,352,000 | 12,639,000 | 9,183,000 | 11,616,000 | 11,616,000 | 6,309,000 | 9,470,000 | 6,329,000 | 6,329,000 | 5,804,000 | 10,666,000 | 5,527,000 | 5,527,000 | 4,589,000 | 4,689,863 | |||||||||||||||||||||
total tax paid during the period | 252,000 | 633,000 | 451,000 | 892,284 | 372 | 344 | 240,000 | 834,900 | 169,100 | 169,100 | 590,000 | 142,000 | 102,000 | 37,000 | 60,000 | 95,000 | 70,000 | 70,000 | 55,000 | 48,000 | 4,000 | 4,000 | 111,000 | 235,000 | 82,000 | 82,000 | 84,000 | 293,000 | 77,000 | 77,000 | 89,000 | 77,036 | ||||||||||||||||||||||||
other unrealized foreign exchange loss | 222,000 | 781,000 | 306 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing cost of secured term loan and revolving credit facilities | -3,478,000 | -261,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the deconsolidation of vie | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due to/(from) related parties | 5,181,000 | 14,415,876 | -4,968 | 13,092 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of other property, plant and equipment and intangibles | -2,000 | -29,000 | -29,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of vessel | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase)/proceeds of unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of senior unsecured bonds | 47,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued income and prepaid expenses and other current assets | 2,078 | -7,889 | -2,890,000 | -5,954,000 | 4,599,000 | 4,599,000 | 611,000 | -6,634,000 | -5,588,000 | 16,730,000 | 1,136,000 | 2,467,000 | -2,275,000 | -1,738,000 | -1,738,000 | 2,204,000 | 1,163,000 | -3,492,000 | -3,492,000 | 5,083,000 | -3,297,000 | -6,795,000 | -6,795,000 | 6,233,000 | 3,196,780 | -8,534,379 | 4,023,884 | |||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | 0 | 158,242 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | -33,784 | 172,240 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange loss on senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on cross currency interest rate swap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses on vessels | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance claim receivable | 2,612,000 | 1,539,000 | -4,073,000 | 322,000 | 322,000 | -1,629,000 | -302,000 | -1,411,000 | -516,000 | -516,000 | -1,884,000 | -3,508,000 | -7,461,000 | -309,000 | -309,000 | |||||||||||||||||||||||||||||||||||||||||
amounts to/(from) related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired with investment in ultragas | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of senior bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) in/provided by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest paid during the year, net of amounts capitalized | 9,991,000 | 4,122,000 | 4,122,000 | 9,535,330 | 4,498,542 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total tax paid during the year | 73,000 | 73,000 | 163,406 | 69,554 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on non-designated derivative instruments | 972,000 | -3,195,000 | 4,251,000 | 4,251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of share-based compensation | 303,000 | 429,000 | 180,000 | 180,000 | 194,000 | 339,000 | 137,000 | 137,000 | 517,000 | 279,000 | 298,000 | 299,000 | 386,000 | 320,000 | 187,000 | 352,000 | 352,000 | 387,000 | 369,000 | 401,000 | 346,000 | 346,000 | 309,000 | 399,000 | 56,000 | 310,000 | 310,000 | 295,000 | 344,000 | 364,000 | 409,000 | 409,000 | 399,000 | 392,000 | 395,000 | 395,000 | 433,000 | 330,840 | ||||||||||||||||||
share of result of equity method investments | -3,771,000 | -16,598,000 | 5,302,000 | -5,302,000 | -24,690,000 | -19,763,000 | 6,503,000 | -6,503,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange gain on senior secured bonds | -5,117,000 | 777,000 | -330,000 | -8,000 | -8,000 | 2,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other unrealized foreign exchange | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due to related parties | -3,794,000 | -6,778,000 | -3,970,000 | -3,970,000 | 5,932,000 | -7,758,000 | -6,453,000 | 3,130,000 | -314,000 | -5,000 | ||||||||||||||||||||||||||||||||||||||||||||||
purchase of other property, plant and equipment | -56,000 | -157,000 | 28,000 | 28,000 | 0 | -2,000 | -39,000 | -17,000 | -4,000 | -15,000 | -15,000 | -102,000 | -64,000 | -123,000 | -68,000 | -68,000 | -62,000 | -23,000 | -52,000 | -45,000 | -45,000 | -103,000 | -117,000 | -346,000 | -1,160,000 | -1,160,000 | -33,000 | -17,000 | -8,000 | -17,000 | -17,000 | -48,000 | -54,000 | -18,000 | -22,000 | -22,000 | 3,981 | -3,904 | -91,328 | -17,617 | ||||||||||||||||
net proceeds from sale of vessels | 0 | 0 | 0 | 26,449,000 | 26,449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from secured term loan facilities | 0 | 31,748,000 | 291,813,000 | 291,813,000 | 18,100,000 | 61,187,000 | 191,475,000 | 35,700,000 | 106,808,000 | 106,808,000 | 54,670,000 | 31,150,000 | 31,150,000 | 31,150,000 | 31,150,000 | 65,400,000 | 30,000,000 | 30,000,000 | 120,000,000 | 0 | ||||||||||||||||||||||||||||||||||||
issuance costs of secured term loan facilities | 0 | -397,000 | -3,151,000 | -3,151,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
dividend paid | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of vessel financing to related parties | -1,716,000 | -1,775,000 | -1,664,000 | -1,664,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalent and restricted cash | -300,000 | -74,000 | 648,000 | 648,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss on senior secured bonds | 6,884,000 | 4,852,000 | -11,417,000 | -11,417,000 | 768,000 | 184,000 | 184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues | 116,610,000 | 100,396,000 | 80,508,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues—unigas pool | 12,192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues—luna pool collaborative arrangements | 7,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating revenues | 136,002,000 | 119,777,000 | 85,748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
brokerage commissions | 1,694,000 | 1,407,000 | 1,193,000 | 1,309,000 | 1,141,000 | 1,525,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses | 17,229,000 | 20,796,000 | 15,616,000 | 13,357,000 | 14,978,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses – luna pool collaborative arrangements | 5,028,000 | 4,590,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessel operating expenses | 41,672,000 | 38,051,000 | 26,992,000 | 29,474,000 | 26,710,000 | 23,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative costs | 6,755,000 | 6,343,000 | 6,280,000 | 4,803,000 | 4,232,000 | 2,752,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 104,113,000 | 102,082,000 | 73,414,000 | 67,890,000 | 66,657,000 | 61,439,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 31,889,000 | 17,695,000 | 12,334,000 | 8,213,000 | 11,150,000 | 15,881,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency exchange loss on senior secured bonds | -184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on non-designated derivative instruments | -4,251,000 | -7,091,000 | -25,138,000 | 15,242,000 | -15,242,000 | 547,000 | -2,428,000 | 783,000 | -783,000 | |||||||||||||||||||||||||||||||||||||||||||||||
write off of deferred financing costs | -171,000 | -653,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -13,338,000 | -10,963,000 | -8,961,000 | -12,153,000 | -10,524,000 | -8,927,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 583,000 | 87,000 | 32,000 | 215,000 | 152,000 | 113,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of result of equity method investments | 14,712,000 | 21,284,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | -1,164,000 | -393,000 | -145,000 | -93,000 | -82,000 | -159,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to non-controlling interest | -64,000 | -356,000 | -389,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to stockholders of navigator holdings ltd. | 18,786,000 | 27,038,000 | 2,820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share attributable to stockholders of navigator holdings ltd.: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted: | 250 | 350 | 50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | 75,955,162,000 | 77,193,048,000 | 55,900,206,000 | -60 | 10 | 50 | ||||||||||||||||||||||||||||||||||||||||||||||||||
diluted: | 76,319,753,000 | 77,518,604,000 | 56,240,142,000 | -60 | 10 | 50 | ||||||||||||||||||||||||||||||||||||||||||||||||||
call option premium on redemption of 7.75% unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due from related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving loan facility | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 8.00% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance cost of senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance cost of 8.0% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance cost of refinancing of vessel | -19,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing cost of terminal credit facility | -7,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue | 76,103,000 | 77,807,000 | 77,320,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues - unigas pool | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue- luna pool collaborative arrangement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses – luna pool collaborative arrangement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency exchange gain on senior secured bonds | -777,000 | 8,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of result of equity accounted joint ventures | 8,374,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of vessel | 3,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired from investment in ultragas | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of financing of vessel to related parties | -1,483,000 | -1,628,000 | -371,000 | -1,774,000 | -1,484,000 | -1,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues – unigas pool | 13,504,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues – luna pool collaborative arrangements | 5,877,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange losses on senior secured bonds | 777,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other unrealized foreign exchange losses | -48,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the terminal credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses—luna pool collaborative arrangements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on repayment of 7.75% senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted joint ventures | -606,000 | 605,000 | -3,798,000 | 222,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange losses/(gain) on senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other unrealized foreign exchange gains | 76,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in equity accounted joint ventures | 0 | -4,000,000 | -4,000,000 | -2,354,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from equity accounted joint ventures | 5,116,000 | 850,000 | 850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 8.0% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing cost of revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of 7.75% senior unsecured bonds | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of share-based compensation expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from refinancing of vessel to related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of unsecured bond amendment | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue – unigas pool | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on repayment of 7.75% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of result of equity accounted joint venture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
call option premium on redemption of senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted joint venture, net of distributions received | 1,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to acquire ballast water systems | -1,970,000 | -130,000 | -193,000 | -193,000 | -774,000 | -294,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment in equity accounted joint venture | 0 | -355,000 | -13,884,000 | -23,949,000 | -19,106,000 | -32,385,000 | -32,385,000 | -16,506,000 | -15,519,000 | 19,000 | -10,494,000 | -10,494,000 | ||||||||||||||||||||||||||||||||||||||||||||
distributions from equity accounted joint venture | 3,547,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of 8.0% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of secured revolving credit facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of refinancing of vessel to related parties | 0 | -18,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of terminal facility | 0 | -7,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income / | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gain)/loss on non-designated derivative instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss/(gain) on senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) / provided by investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of secured bond | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted joint ventures, net of distributions received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues - luna pool collaborative arrangements | 5,240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses - luna pool collaborative arrangements | 4,132,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the terminal facility | 18,000,000 | 18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of secured term loan and revolving credit facilities | -26,000 | -26,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance cost of refinancing of vessel to related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided used in financing activities | -246,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | 9,666,000 | -6,610,000 | -17,620,000 | -17,620,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior secured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue- luna pool collaborative arrangements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before income taxes and share of result of equity accounted joint venture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | 1,791,000 | 3,846,000 | -8,095,000 | -7,740,000 | -6,170,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
call option premium on redemption of 7.75% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued income and prepaid expenses and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance cost of 8.0% senior unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of revolving loan facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided/(used in) by financing activities | -6,674,000 | -17,999,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest paid during the period; net of amounts capitalized | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
call option premium of 7.75% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 8.0% senior unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of 8.0% senior unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted joint venture | 3,041,000 | 1,233,000 | 348,000 | 178,000 | -38,000 | 38,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
share of result of equity accounted affiliates | 3,041,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance claim debtor | -407,000 | 459,000 | 126,000 | -418,000 | -418,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 1,416,000 | -1,148,000 | -929,000 | -2,628,000 | 7,334,000 | 7,334,000 | -10,881,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued interest and accrued expenses and other liabilities | 3,589,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to acquire vessels | -294,000 | -233,000 | -233,000 | -717,000 | 148,000 | 114,000 | -193,000 | -193,000 | -828,000 | 240,000 | -716,000 | -636,000 | -636,000 | -361,000 | -231,000 | -894,000 | -247,000 | -247,000 | -1,272,000 | -208,000 | -1,568,000 | -300,000 | -300,000 | -2,854,477 | -297,837 | -65,582 | -284,895 | |||||||||||||||||||||||||||||
repayment of secured term loan and revolving credit facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance debtor | -407,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease right of use asset | 264,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liability | -679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
call option premium on redemption of 9.00% unsecured bond | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
prior year expenses recovered from insurance claim | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for vessels under construction | -56,480,000 | -27,002,000 | -12,550,000 | -84,597,000 | -84,597,000 | -80,776,000 | -73,738,000 | -45,453,000 | -39,212,000 | -39,212,000 | -75,348,000 | -38,469,000 | -71,721,000 | -51,110,000 | -51,110,000 | -133,333,660 | -5,153,135 | -65,962,634 | -22,346,070 | |||||||||||||||||||||||||||||||||||||
receipt of shipyard penalty payments | 0 | 0 | 0 | 280,000 | 280,000 | 1,484,000 | 0 | 0 | 417,000 | 417,000 | 657,000 | 642,000 | ||||||||||||||||||||||||||||||||||||||||||||
placement of short term investment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
release of short term investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 7.75% senior unsecured bonds | 0 | 0 | 0 | 100,000,000 | 100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of 9.00% senior unsecured bonds | 0 | 0 | 0 | -127,500,000 | -127,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
issuance cost of 7.75% senior unsecured bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prior year expenses recovered in insurance claim | -22,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
refunds/(additions) to vessels and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of terminal credit facility | -42,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and share of results of equity accounted joint venture | -3,126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of secured term loan facility | -1,442,000 | -1,442,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized costs for the repair of navigator aries | -8,351,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other corporate expenses | 215,000 | 623,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of call premium and redemption charges on 9% unsecured bond | -3,517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 778,000 | 2,897,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to equity for the adoption of the new revenue standard | 0 | 0 | -3,352,000 | -3,352,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange | 69,000 | 11,000 | -41,000 | -41,000 | -240,000 | 88,000 | 138,000 | 17,000 | 17,000 | 124,000 | 59,000 | 8,000 | 17,000 | 17,000 | -136,000 | -138,000 | 305,000 | -236,000 | -236,000 | -144,994 | -118,170 | 104,412 | 3,150 | |||||||||||||||||||||||||||||||||
accounts payable, accrued interest and other liabilities | 807,000 | 7,213,000 | -3,479,000 | -3,479,000 | 6,600,000 | -4,550,000 | 2,281,000 | 323,000 | 323,000 | -4,634,000 | 2,011,000 | -5,347,000 | -5,347,000 | -2,742,000 | 1,387,481 | -2,419,407 | -1,241,362 | |||||||||||||||||||||||||||||||||||||||
issuance costs of 7.75% senior unsecured bonds | 0 | -21,000 | -1,798,000 | -1,798,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing costs of senior term loan facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of secured term loan facilities | -20,677,000 | -20,676,000 | -22,937,000 | -22,937,000 | -25,767,000 | -168,104,000 | -38,548,000 | -19,433,000 | -19,433,000 | -17,411,000 | -16,607,000 | -16,051,000 | -16,051,000 | -23,714,000 | -15,844,000 | -15,213,000 | -15,213,000 | -16,437,577 | -135,812,577 | -15,187,577 | -15,187,577 | |||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -4,638,000 | 4,282,000 | -11,295,000 | -11,295,000 | 6,340,000 | -16,850,000 | -11,624,000 | -11,624,000 | -10,648,000 | -12,012,000 | -12,012,000 | -101,928,112 | -29,508,156 | -6,015,614 | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 62,109,000 | 62,109,000 | 0 | 0 | 57,272,000 | 57,272,000 | 0 | 0 | 87,779,000 | 87,779,000 | 0 | 62,526,000 | 0 | 0 | 194,740,045 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | -4,638,000 | 4,282,000 | 50,814,000 | 50,814,000 | 6,340,000 | -16,850,000 | 45,648,000 | 45,648,000 | -17,016,000 | -10,268,000 | 77,131,000 | 77,131,000 | 41,135,000 | 50,514,000 | -101,928,112 | -29,508,156 | 188,724,431 | |||||||||||||||||||||||||||||||||||||||
credit / (payment) of drydocking costs | -1,524,000 | -1,524,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing cost of secured term loan facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 7,425,000 | -17,016,000 | -10,268,000 | -10,648,000 | -19,581,000 | 41,135,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 62,526,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | 50,514,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessel write down following collision | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term accounts receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of vessel net of costs | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of insurance claim receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized costs for the repairs of navigator aries | 0 | -8,351,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | -346,000 | -346,000 | -935,000 | -1,137,000 | -1,197,000 | -1,197,000 | 2,183,000 | -182,000 | -957,000 | -957,000 | 1,136,091 | -7,216,196 | -225,105 | -1,044,403 | ||||||||||||||||||||||||||||||||||||||||||
(payment) / credit of drydocking costs | 9,000 | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
call option on redemption of 9.00% unsecured bond | 2,500,000 | 2,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 347,000 | 347,000 | 149,723 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recoverable from vessel repairs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | 1,092,000 | 1,092,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing costs of secured term loan facilities | 0 | 0 | -155,000 | -155,000 | 1,000 | -104,000 | -2,296,000 | -2,296,000 | -32,979 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash / provided by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable increase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories increase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets increase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities increase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term accounts receivable increase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from secured term loan facilities and revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct financing costs of secured term loan facilities and revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of secured term loan facilities and revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of stock | -6,899 | 2,295 | -10,000 | -330,171 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
profit on sale of vessel | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest paid during the period | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
release of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
placement of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of 9% senior unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest paid during the year, net of amounts capitalised | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expense and other current assets | -10,881,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from 9% senior unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
release of short-term investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
placement of short-term investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs of planned stock issue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided / (used) by financing activities | -136,260,282 | 14,802,423 | -15,517,748 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debtors | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels in operation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured term loan facilities, net of current portion | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior unsecured bond | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – .01 par value; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000,000 shares authorized; 55,339,119 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
address and brokerage commissions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
charter-in costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
all share amounts (except par value per share amounts) have been retroactively restated for 2013 to reflect the company’s 3-for-1 stock split on october 29, 2013 as described in note 5 – common stock to these consolidated financial statements. |