Diana Shipping (DSX) 20-F 27 Mar 23 2022 FY Annual report (foreign) Financial data

Cover

Cover	12 Months Ended
	Dec. 31, 2022 shares
Entity Listings [Line Items]
Document type	20-F
Document registration statement	false
Document annual report	true
Document period end date	Dec. 31, 2022
Current fiscal year end date	--12-31
Document transition report	false
Document shell company report	false
Entity file number	001-32458
Entity registrant name	DIANA SHIPPING INC.
Entity incorporation state country code	1T
Entity address, address line one	Pendelis 16
Entity address, city or town	Athens
Entity address, postal zip code	175 64 Palaio Faliro
Entity address, country	GR
Contact personnel name	Mr. Ioannis Zafirakis
Entity common stock shares outstanding	102,653,619
Entity well known seasoned issuer	No
Entity voluntary filers	No
Entity current reporting status	Yes
Entity interactive data current	Yes
Entity filer category	Accelerated Filer
Entity emerging growth company	false
Document accounting standard	U.S. GAAP
Entity shell company	false
Entity central index key	0001318885
Document fiscal year focus	2022
Document fiscal period focus	FY
ICFR auditor attestation flag	true
Amendment flag	false
Auditor firm ID	1457
Auditor name	Ernst & Young (Hellas) Certified Auditors Accountants S.A.
Auditor location	Athens, Greece
Business Contact [Member]
Entity Listings [Line Items]
Entity address, address line one	Pendelis 16
Entity address, city or town	Athens
Entity address, postal zip code	175 64 Palaio Faliro
Entity address, country	GR
Contact personnel name	Mr. Ioannis Zafirakis
City area code	210
Local phone number	9470-100
Contact personnel fax number	30-210-9470-101
Contact personnel email address	izafirakis@dianashippinginc.com
Common Stock [Member]
Entity Listings [Line Items]
Title of 12(b) security	Common Stock, $0.01 par value including the Preferred Stock Purchase Rights
Trading symbol	DSX
Security exchange name	NYSE
Series B Cumulative Redeemable Perpetual Preferred Shares at 8.875% [Member]
Entity Listings [Line Items]
Title of 12(b) security	8.875% Series B Cumulative Redeemable Perpetual Preferred Shares, $0.01 par value
Trading symbol	DSXPRB
Security exchange name	NYSE

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents (Note 2(e))	$ 76,428	$ 110,288
Time deposits (Note 2(e))	46,500	0
Accounts receivable, trade (Note 2(f))	6,126	2,832
Due from related parties, net of provision for credit losses (Note 3(c) and 8(b))	216	952
Inventories (Note 2(g))	4,545	6,089
Prepaid expenses and other assets	6,749	5,484
Total Current Assets	140,564	125,645
Fixed Assets:
Advances for vessel acquisitions (Note 4)	24,123	16,287
Vessels, net (Note 4)	949,616	643,450
Property and equipment, net (Note 5)	22,963	22,842
Total fixed assets	996,702	682,579
Other Noncurrent Assets
Restricted cash, non-current (Note 6)	21,000	16,500
Equity method investments (Note 3(c))	506	0
Investments in related party (Note 3(f))	7,744	7,644
Other non-current assets	101	1,455
Deferred costs (Note 2(n))	16,302	8,127
Total Non-current Assets	1,042,355	716,305
Total assets	1,182,919	841,950
Current Liabilities
Current portion of long-term debt, net of deferred financing costs (Note 6)	91,495	41,148
Current portion of finance liabilities, net of deferred financing costs (Note 7)	8,802	0
Accounts payable	11,242	9,777
Due to related parties (Note 3(a) and (c))	136	596
Accrued liabilities	12,134	7,878
Deferred revenue (Note 2(p))	7,758	5,732
Total Current Liabilities	131,567	65,131
Non-current Liabilities
Long-term debt, net of current portion and deferred financing costs (Note 6)	431,016	382,527
Finance liabilities, net of current portion and deferred financing costs (Note 7)	132,129	0
Other non-current liabilities	879	1,097
Total Noncurrent Liabilities	564,024	383,624
Commitments and contingencies (Note 8)
Stockholders' Equity
Preferred stock (Note 9)	26	26
Common stock, $0.01 par value; 200,000,000 shares authorized and 102,653,619 and 84,672,258 issued and outstanding on December 31, 2022 and 2021, respectively (Note 9)	1,027	847
Additional paid in capital	1,061,015	982,537
Accumulated other comprehensive income	253	71
Accumulated deficit	(574,993)	(590,286)
Total Stockholders' Equity	487,328	393,195
Total Liabilities and Stockholders' Equity	$ 1,182,919	$ 841,950

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED BALANCE SHEETS
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	102,653,619	84,672,258
Common stock, shares outstanding	102,653,619	84,672,258

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
REVENUES:
Time charter revenues (Note 2(q))	$ 289,972,000	$ 214,203,000	$ 169,733,000
OPERATING EXPENSES
Voyage expenses (Notes 2(q) and 10)	6,942,000	5,570,000	13,525,000
Vessel operating expenses (Note 2(r))	72,033,000	74,756,000	85,847,000
Depreciation and amortization of deferred charges (Note 2(m) and (n))	43,326,000	40,492,000	42,991,000
General and administrative expenses	29,367,000	29,192,000	32,778,000
Management fees to related party (Note 3(c))	511,000	1,432,000	2,017,000
Vessel impairment charges (Note 2(l))			104,395,000
(Gain)/loss on sale of vessels (Notes 4)	(2,850,000)	(1,360,000)	1,085,000
Insurance recoveries (Note 8(a))	(1,789,000)
Other operating (income)/loss	(265,000)	603,000	(230,000)
Operating income/(loss), total	142,697,000	63,518,000	(112,675,000)
OTHER INCOME / (EXPENSES):
Interest expense and finance costs (Note 11)	(27,419,000)	(20,239,000)	(21,514,000)
Interest and other income	2,737,000	176,000	728,000
(Loss)/gain on extinguishment of debt	(435,000)	(980,000)	374,000
Gain on spin-off of OceanPal Inc. (Note 3(f))		15,252,000
Gain on dividend distribution (Note 3(f))	589,000
Gain/(loss) from equity method investments (Note 3(c))	894,000	(333,000)	(1,110,000)
Total other expenses, net	(23,634,000)	(6,124,000)	(21,522,000)
Net income/(loss)	119,063,000	57,394,000	(134,197,000)
Dividends on series B preferred shares (Notes 9(b) and 12)	(5,769,000)	(5,769,000)	(5,769,000)
Net income/(loss) attributable to common stockholders	$ 113,294,000	$ 51,625,000	$ (139,966,000)
Earnings/(loss) per common share, basic (Note 12)	$ 1.42	$ 0.64	$ (1.62)
Earnings/(loss) per common share, diluted (Note 12)	$ 1.36	$ 0.61	$ (1.62)
Weighted average number of common shares outstanding, basic (Note 12)	80,061,040	81,121,781	86,143,556
Weighted average number of common shares outstanding, diluted (Note 12)	83,318,901	84,856,840	86,143,556

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
Net income/(loss)	$ 119,063	$ 57,394	$ (134,197)
Other comprehensive income/(loss) - Defined benefit plan	182	2	(40)
Comprehensive income/(loss)	$ 119,245	$ 57,396	$ (134,237)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Series B Preferred Stock [Member]	Preferred Stock [Member] Series B Preferred Stock [Member]	Preferred Stock [Member] Series C Preferred Stock [Member]	Preferred Stock [Member] Series D Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Other Comprehensive Income / (Loss) [Member]	Accumulated Deficit [Member]	Accumulated Deficit [Member] Series B Preferred Stock [Member]
Balance, shares at Dec. 31, 2019			2,600,000	10,675		91,193,339
Balance at Dec. 31, 2019	$ 570,064		$ 26			$ 912	$ 1,021,633	$ 109	$ (452,616)
Net income/(loss)	(134,197)								(134,197)
Issuance of restricted stock and compensation cost, shares (Note 9(h))						2,200,000
Issuance of restricted stock and compensation cost (Note 9(h))	10,511					$ 22	10,489
Stock repurchased and retired, shares (Note 9(e))						(4,118,337)
Stock repurchased and retired (Note 9(e))	(11,999)					$ (41)	(11,958)
Dividends on series B preferred stock (Note 9(b))	(5,769)								(5,769)
Other comprehensive income/(loss)	(40)							(40)
Balance, shares at Dec. 31, 2020			2,600,000	10,675		89,275,002
Balance at Dec. 31, 2020	428,570		$ 26			$ 893	1,020,164	69	(592,582)
Net income/(loss)	57,394								57,394
Issuance of stock, shares					400
Issuance of stock	254						254
Issuance of restricted stock and compensation cost, shares (Note 9(h))						8,260,000
Issuance of restricted stock and compensation cost (Note 9(h))	7,442					$ 83	7,359
Stock repurchased and retired, shares (Note 9(e))						(12,862,744)
Stock repurchased and retired (Note 9(e))	(45,369)					$ (129)	(45,240)
Dividends on series B preferred stock (Note 9(b))	(5,769)								(5,769)
Dividends on common stock (Note 9(f))	(8,820)								(8,820)
OceanPal Inc. spin-off (Note 9(g))	(40,509)								(40,509)
Other comprehensive income/(loss)	2							2
Balance, shares at Dec. 31, 2021			2,600,000	10,675	400	84,672,258
Balance at Dec. 31, 2021	393,195		$ 26			$ 847	982,537	71	(590,286)
Net income/(loss)	119,063								119,063
Issuance of stock, shares						877,581
Issuance of stock	5,322					$ 9	5,313
Issuance of restricted stock and compensation cost, shares (Note 9(h))						1,470,000
Issuance of restricted stock and compensation cost (Note 9(h))	9,282					$ 15	9,267
Stock repurchased and retired, shares (Note 9(e))						(820,000)
Stock repurchased and retired (Note 9(e))	(3,799)					$ (8)	(3,791)
Issuance of common stock for vessel acquisitions, shares (Notes 4 and 9(e))						16,453,780
Issuance of common stock for vessel acquisitions (Notes 4 and 9(e))	67,853					$ 164	67,689
Dividends on series B preferred stock (Note 9(b))		$ (5,769)								$ (5,769)
Dividends on common stock (Note 9(f))	(79,812)								(79,812)
Dividends in kind (Note 9(g))	(18,189)								(18,189)
Other comprehensive income/(loss)	182							182
Balance, shares at Dec. 31, 2022			2,600,000	10,675	400	102,653,619
Balance at Dec. 31, 2022	$ 487,328		$ 26			$ 1,027	$ 1,061,015	$ 253	$ (574,993)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash Flows from Operating Activities:
Net income/(loss)	$ 119,063,000	$ 57,394,000	$ (134,197,000)
Adjustments to reconcile net income/(loss) to cash provided by operating activities
Depreciation and amortization of deferred charges	43,326,000	40,492,000	42,991,000
Asset Impairment loss (Note 2(l))			104,395,000
Amortization of debt issuance costs (Note 11)	2,286,000	1,865,000	1,066,000
Compensation cost on restricted stock (Note 9(h))	9,282,000	7,442,000	10,511,000
Provision for credit loss and write offs (Note 2(z) and 3(c))	133,000	300,000
Dividend income (Note 3(f))	(100,000)	(69,000)
Pension and other postretirement benefits	182,000	2,000	(40,000)
(Gain)/loss on sale of vessels (Notes 4)	(2,850,000)	(1,360,000)	1,085,000
Gain on dividend distribution (Note 3(f))	(589,000)
(Gain)/loss on extinguishment of debt (Note 6)	435,000	980,000	(374,000)
Gain on OceanPal spinoff (Note 3(f))		(15,252,000)
(Gain)/loss from equity method investments (Note 3(c))	(894,000)	333,000	1,110,000
(Increase) / Decrease
Accounts receivable, trade	(3,427,000)	1,568,000	2,627,000
Due from related parties	736,000	(56,000)	(1,173,000)
Inventories	1,768,000	(1,581,000)	809,000
Prepaid expenses and other assets	(1,265,000)	1,759,000	1,967,000
Other non-current assets	(16,000)	(1,177,000)	(252,000)
Increase / (Decrease)
Accounts payable, trade and other	1,465,000	1,219,000	(2,836,000)
Due to related parties	(72,000)	154,000	(31,000)
Accrued liabilities	3,956,000	(2,610,000)	(780,000)
Deferred revenue	2,026,000	2,890,000	310,000
Other non-current liabilities	(218,000)	(57,000)	168,000
Drydock cost	(16,368,000)	(4,531,000)	(10,122,000)
Net Cash Provided by Operating Activities	158,859,000	89,705,000	17,234,000
Cash Flows from Investing Activities:
Payments to acquire vessels and vessel improvements (Note 4)	(230,302,000)	(17,393,000)	(6,001,000)
Proceeds from sale of vessels, net of expenses (Note 4)	4,372,000	33,731,000	15,623,000
Proceeds from sale of related party investment			1,500,000
Time deposits (Note 2(e))	(46,500,000)
Payments to joint venture (Note 3(c))		(375,000)	(500,000)
Investment in spun-off subsidiary (Note 3(f))		(1,000,000)
Payments to acquire furniture and fixtures (Note 5)	(667,000)	(1,600,000)	(138,000)
Net Cash Provided by/(Used in) Investing Activities	(273,097,000)	13,363,000	10,484,000
Cash Flows from Financing Activities:
Proceeds from issuance of long-term debt and finance liabilities (Notes 6 and 7)	275,133,000	101,279,000
Proceeds from issuance of common stock, net of expenses (Note 9(e))	5,266,000
Proceeds from issuance of preferred stock, net of expenses (Note 9(d))		254,000
Payments of dividends, preferred stock (Note 9(b))	(5,769,000)	(5,769,000)	(5,769,000)
Payments of dividends, common stock (Note 9(f))	(79,812,000)	(8,820,000)
Payments for repurchase of common stock (Note 9(e))	(3,799,000)	(45,369,000)	(11,999,000)
Payments of financing costs (Notes 6 and 7)	(3,302,000)	(7,594,000)	(567,000)
Repayments of long-term debt and finance liabilities (Notes 6 and 7)	(102,839,000)	(93,170,000)	(54,762,000)
Net Cash Provided by / (Used in) Financing Activities	84,878,000	(59,189,000)	(73,097,000)
Cash, Cash Equivalents and Restricted Cash, Period Increase/(Decrease)	(29,360,000)	43,879,000	(45,379,000)
Cash, Cash Equivalents and Restricted Cash, Beginning Balance	126,788,000	82,909,000	128,288,000
Cash, Cash Equivalents and Restricted Cash, Ending Balance	97,428,000	126,788,000	82,909,000
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Cash and cash equivalents	76,428,000	110,288,000	62,909,000
Restricted cash, non-current	21,000,000	16,500,000	20,000,000
Cash, Cash Equivalents and Restricted Cash, Total	97,428,000	126,788,000	82,909,000
SUPPLEMENTAL CASH FLOW INFORMATION
Non-cash acquisition of assets (Note 4)	136,038,000	441,000
Non-cash debt assumed (Note 6)	20,571,000
Stock issued in noncash financing activities (Note 4)	67,909,000
Transfer to investments (Note 4)	1,370,000	441,000	2,474,000
Non-cash debt assumed (Note 6)	47,782,000
Interest paid	$ 21,306,000	$ 19,608,000	$ 21,397,000

Basis of Presentation and Gener

Basis of Presentation and General Information	12 Months Ended
	Dec. 31, 2022
Basis of Presentation and General Information
Basis of Presentation and General Information	1. The accompanying consolidated financial statements include the accounts and March 8, 1999 , Diana Company’s Company Republic of the Marshall Islands. The Company and Shipping Services Limited, or 50 % owned The outbreak of war in the States including sanctions targeting from Russia to the United States. As of December 31, 2022, and counterparties, have not been significantly affected by the war in Ukraine and their implications, however, as volatility business and may situation, evaluates the available, the Company’s estimates may change in future periods.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Significant Accounting Policies
Significant Accounting Policies	2. a) : prepared in Diana Shipping Inc. been “Consolidation”, the considering if deemed to be the primary beneficiary under majority instruments, service contracts, and entity exist. For is a without additional characteristics of a controlling financial interest. In performing the analysis of whether the Company is the primary beneficiary activities of absorb losses or the right to receive Company had identified involved beneficiary. meets the definition of a joint venture, DWM is not a VIE, it reconsiders whether the entity has become a VIE. b) The preparation generally accepted accounting principles affect the the during the reporting period. c) The Company separately presents certain transactions, which are recorded directly as components is presented in a separate statement. d) The functional the Company’s in U.S. dollars. The Company’s accounting records are other currencies during time of in losses operations. e) The Company considers highly liquid investments such as time deposits, certificates of deposit three months to cash and cash of cash deposits required to be maintained at all times under f) The amount shown as accounts receivable, trade, at each sheet doubtful accounts, if any. individually for 31, 2022 no income on trade receivables as all balances are settled within a year. g) Inventories basis, at the lower of cost or net ordinary course of business, When recognized as a loss in earnings in the period in which it occurs. method. Amounts removed from inventory are also determined by the may also consist of bunkers, any, out method. h) : expenses improvements are also capitalized when they appreciably extend the life, increase improve incurred. Interest cost avoided if expenditure on accumulated of the period. i) criteria are met. Long-lived assets of their the criteria to be held for sale. The fair value less cost to sell of an asset held for sale is assessed at each reporting period it remains classified as held reclassified as held and used, for sale, adjusted for depreciation, and the asset’s fair value at the date of the j) sale of an asset and leaseback should firstly determine whether the transfer of an asset shall be accounted for as a For a buyer aforementioned guidance, sale and leaseback transactions, which include an obligation for the Company, as seller-lessee, to repurchase the finance lease, are determined derecognize the asset from leaseback agreement as a financing arrangement. k) The Company also owns part of a plot acquired for subject 55 years no Furniture, 5 years , Company, which has a useful life of 10 years . Computer software and hardware have a three years . Depreciation is calculated on a straight-line basis. l) Long-lived events potential recoverable. charges, expected disposition Measurement of party valuations. For vessels, the Company calculates undiscounted projected net operating cash flows by considering the historical and charter rates for the unfixed days, using 10 -year average of historical 1 year time charter rates available Historical chartering strategy, the Company’s 10-year average of historical 1 year time charter rates is uses the average of historical 1 year time charter rates developing estimates of the vessels’ maintenance; vessel for scrap. fleet vessels’ net book the vessel plus as impairment loss. The recognition of impairment carrying value in 2020 amounting to $ 104,395 . No 2022. For property by property, during the useful No and 2020 and down of the value of its land or building in the near future. m) Depreciation is computed using the straight-line method over the estimated useful life value is equal the useful life of 25 years Second-hand vessels are depreciated from the date of their acquisition through their remaining estimated useful life. When regulations place limitations over the ability of a vessel to trade on a worldwide basis, its remaining useful life is adjusted at the date such regulations are n) : special survey the period vessels that are sold or impaired are written off and included in in the year of the vessel’s sale (Note 4) or impairment. o) : Fees paid for obtaining finance liabilities, fees paid to lenders for obtaining new loans, as deferred. Fees relating the balance Unamortized fees relating to are included in the determination of the period case, they are capitalized to the vessels’ cost. p) : significant Company financial institutions that with accounts receivable generally mitigate credit risk. q) Revenues agreements which contain the conditions. All of the the charterer pays a daily hire insurance premiums for navigating in from time charter thus recognized service is performed. of the in charterers, difference in from the the Company when the vessel is delivered to a new charterer (Note 10). Under a time charter agreement, the owner pays repairs, which are recognized in operating expenses. the maintenance of the same Additionally, assessed that charter contracts. to an vessel. The accounted together under criteria to recognize as revenue have not been met. r) expenses are expensed in the year incurred. Such costs are included in vessel operating expenses in the accompanying consolidated statements of operations. s) by common satisfaction earnings/(loss) per share per common common stock were exercised. t) The Company identified generation, the services environment. they do and the Company does not evaluate the operating Capesize etc.) u) : The Company classifies and discloses its assets and liabilities at fair value in assets or liabilities; by market data; Level 3: Unobservable inputs that are not corroborated v) their grant date fair value and are not subsequently re-measured. during which an employee is required to provide service in period (usually employees Forfeitures of grant date, incremental compensation cost will be recognized in an amount equal to the excess of the fair value of the modified award over the fair value of the original w) exercises accounting. Under this method, the Company amount for the recognized earnings investment. When the the support to liability because the Company absorbed such losses (Note 3(c)). The Company also evaluates whether a loss in value of an investment that is loss in of the investee to sustain an earnings capacity that would x) Management evaluates, at each events that raise substantial doubt about the Company's ability to continue as a going concern within one year from the date the financial statements are issued. y) The immediately cancelled and the Company’s share capital is accordingly reduced. Any excess of the shares 30, Treasury Stock. z) : At each assets individually for credit on such financial asset. When financial assets present similar risk characteristics, these are evaluated on a available information events, Company receivable due and determined that part of the amount may not be recoverable. December 31, 2021, an allowance for 300 , based on probability of default there (income)/loss” reversed (income)/loss” in No identified and recorded in 2020 and 2022. aa) According Company has qualify for Fair Value Measurement to estimate per share (or changes in orderly equity securities at fair value as continue to with without a readily determinable fair value qualifies to Company may securities at election is Company also evaluates indicators such concern Company will estimate the fair value of the investment to determine ab) Non-monetary transactions fair values of asset relinquished is determinable Transactions, Overall, and Reverse Spinoffs, not meet the definition of a business under ASC 805, the nonreciprocal transfer of nonmonetary assets is accounted for at fair value, if the fair value of the nonmonetary asset distributed is objectively measurable and distribution, and value of the the transferee in proportion to an ownership interest the Definition of a are concentrated in consolidated subsidiary of nonmonetary assets to owners are accounted for at fair value if the fair value of distributed is objectively measurable and would be clearly sale at or near the time of the distribution. ac) considered equity settlement. contains an explicit fails settled top-off Liabilities from Equity” and ASC 815 “Derivatives and Hedging” to determine whether the warrants issued should be classified as permanent equity, temporary equity or warrants are classification. New Accounting Pronouncements - Not Yet Adopted In Effects exceptions reference rate reform. expected to be terminated for amendments for contract modifications by Topic or Industry Subtopic as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or prospectively from a date within an interim period are available must be applied prospectively for all eligible contract modifications entity may elect to apply beginning entered into certain those optional ASU No. 2022-06, Deferral of optional LIBOR) accounting for the sunset date of to LIBOR and the Company rate to be and elected to use term SOFR as a when the agreements to term SOFR will have a significant impact in its results of operations

Transactions with related parti

Transactions with related parties	12 Months Ended
	Dec. 31, 2022
Transactions with related parties
Transactions with related parties	3. a) Altair, which 2020 amounted to $ 2,644 , $ 2,210 1,854 , respectively, and are mainly included in “Vessels, net book value”, consolidated 136 138 , respectively, consolidated balance sheets. b) the Company’s plus commission on 2020 brokerage fees amounted to $ 3,309 , $ 3,309 2,653 , respectively, and administrative and 1,219 , 712 576 , respectively and are included fair value there was no c) Management Inc., a unaffiliated third party, 50 % of DWM. 2021 and 2020, each 50 % shareholder of DWM 375 500 , respectively, as additional investment to DWM. As of December 31, 2022, the investment in DWM 506 is separately presented sheet 388 included in investment 894 , 333 $ 1,110 , consolidated statements of operations. From October for revenues. whereas the vessel DWM under fees paid to 511 , $ 1,432 2,017 , respectively, separately presented of 272 , included four Ultramax vessels the Company assigned the predelivery period of the vessels. 162 , $ 200 $ 353 , respectively, and are there 216 952 accompanying consolidated balance sheets (Note related parties includes a provision of 300 the due amount was collected. d) : On June 22, 400 Stock, to an affiliate of its Chief Executive Officer, Mrs. Semiramis Paliou for an aggregate purchase price of $ 254 e) : On officers and 21,000 (Note 6). f) Conveyance three shipowning subsidiaries 1,000 500,000 Preferred Shares; 10,000 100 % of the common shares of common shares. On stock of 2021. Each of the ten shares of the Company’s common stock held as of the close of business on November 3, 2021. As of December distribution to the definition contributed Company objectively measurable and clearly realizable to the transferor in an outright sale at or near the time of the distribution. The spinoff 15,252 , being the the spinoff of OceanPal Inc.” in the accompanying consolidated statements of The fair value of 48,084 500,000 Series B 10,000 OceanPal to Diana in 7,575 , was recorded as the Company’s consolidated fair determined valuations which were based on characteristics, such contributed approximated their carrying value. Since Preferred Shares of OceanPal, holder 2,000 however, that the total 34 % of the that the total number of votes entitled to vote, including common stock or any other voting security, not exceed 49 % of the total number of votes. Series Incorporation that adversely alter issue Parity into common stock price 6.5 subject accruing 8 % liquidation preference 10,000 . OceanPal Shares, 5 , which the Company 7,570 , being the into consideration a value of the future cash flows the Company expects to receive During existence of for identical or similar investments of the same issuer and the existence of any indications for impairment. As per the Company’s assessment no such have been identified as of for December 31, 2022 and amounted to $ 7,744 7,644 , respectively, including accrued dividends of $ 169 69 , respectively, and are separately presented as “Investments sheets. Additionally, as of December 31, 2021, an amount of $ 70 spinoff, On September 20, 2022, OceanPal issued 25,000 0.01 as part OceanPal, 22,000 commissions, of 4,400 17,600 shares (Note 4). The fair value on their investments in accordance Preferred Shares, of $ 17,600 , was determined through Level 2 inputs of the fair value hierarchy by taking into consideration present value of the future cash flows The Company would not 49 % of have no 7 % per cash or, cash 1,000 acquisition Company's impairment or any observable prices for identical or similar investments On December 15, 2022, the Company distributed those shares as non-cash dividend (dividend in kind) to its shareholders Preferred Shares according to 72,011,457 common 9,172 transaction as fair 18,189 . determined through account holding the equity 589 , being the the carrying value accompanying consolidated statements of operations. During 2022 and 2021, dividend to $ 917 69 , respectively.

Advances for vessel acquisition

Advances for vessel acquisitions and Vessels, net	12 Months Ended
	Dec. 31, 2022
Advances for vessel acquisitions and Vessels, net
Advances for vessel acquisitions and Vessels, net	4. Advances for Vessel Acquisitions As of December 31, 2022 and 2021, advances for vessel acquisitions amounted to $ 24,123 16,287 , respectively, and related to advances paid and predelivery described 20,571 acquisitions was held at an escrow account of the designated escrow agent and were for the acquisition of one vessel which was delivered to the Company in Vessel Acquisitions On July Agreement to acquire from an unaffiliated third party, Leonidas P.C. , for 22,000 . The 4,400 , being 20 % of price, included The balance and predelivery costs 927 expenses. On December 3, of Agreement to acquire from an unaffiliated third party, the Capesize dry bulk vessel Florida, construction, 59,275 . 11,855 , 20 % advance of consolidated balance sheet. 29, $ 1,504 On August 10, Trade”), $ 330,000 , of 220,000 110,000 18,487,393 newly issued common shares master agreement, in nine the exercisable delivery of eight 263,719 , of which $ 67,909 issued common shares (Notes 9 and 14) and $ 4,364 shares was determined of each hierarchy. 24,123 acquisitions predelivery expenses, amounting to $ 169 Vessel Disposals On March of Naias , 11,250 commissions. At the date of the agreement to sell the vessel, the vessel was measured at the carrying amount 9,010 , and was classified in current assets as vessel held for sale, criteria required and the sale 1,564 , included in in the consolidated statement of operations. On June 13, of Agreement Baltimore , for 22,000 (Note provisions of ASC 360, as all criteria required for this classification were met, at carrying value of $ 16,722 and unamortized deferred costs of $ 41 , measured at the lower of carrying value less costs to sell. The vessel gain 2,850 , operations. The amounts reflected in Vessels, net in follows: Vessel Cost Accumulated Depreciation Net Book Value Balance, December 31, 2020 $ 872,431 $ (156,253) $ 716,178 - Additions for improvements 1,106 - 1,106 - Additions for improvements reclassified from other non- current assets 441 - 441 - Vessel disposals (16,120) 7,110 (9,010) - Vessels contributed to OceanPal (47,429) 17,127 (30,302) - Depreciation for the year - (34,963) (34,963) Balance, December 31, 2021 $ 810,429 $ (166,979) $ 643,450 - Additions for vessel acquisitions and improvements 358,504 - 358,504 - Additions for improvements reclassified from other non- current assets 1,370 - 1,370 - Vessel disposals (29,175) 12,453 (16,722) - Depreciation for the year - (36,986) (36,986) Balance, December 31, 2022 $ 1,141,128 $ (191,512) $ 949,616 Additions for vessel works necessary As 1,370 441 , Vessels, previous period but delivered on the vessels during the years ended

Property and Equipment, net

Property and Equipment, net	12 Months Ended
	Dec. 31, 2022
Property and Equipment, net
Property and Equipment, net	5. In 1/3 owned also 1/3, 1.1 taxes amounted to $ 1,358 . The Company owns the land and building DSS owns, office use. vehicles. The amount reflected in “Property and equipment, net” is analyzed Property and Equipment Accumulated Depreciation Net Book Value Balance, December 31, 2020 $ 27,198 $ (5,494) $ 21,704 - Additions in property and equipment 1,600 - 1,600 - Depreciation for the year - (462) (462) - Disposal of assets (529) 529 - Balance, December 31, 2021 $ 28,269 $ (5,427) $ 22,842 - Additions in property and equipment 667 - 667 - Depreciation for the year - (546) (546) Balance, December 31, 2022 $ 28,936 $ (5,973) $ 22,963

Long-term debt

Long-term debt	12 Months Ended
	Dec. 31, 2022
Long-term debt
Long-term debt	6. The follows: 2022 2021 Senior unsecured bond 125,000 125,000 Secured long-term debt 405,120 306,843 Total long-term $ 530,120 $ 431,843 Less: Deferred financing costs (7,609) (8,168) Long-term debt, net of deferred financing costs $ 522,511 $ 423,675 Less: Current long-term debt, net of deferred financing current (91,495) (41,148) Long-term debt, excluding current maturities $ 431,016 $ 382,527 Senior Unsecured Bond : On September 27, 2018 , the Company issued a $ 100,000 2023 of 16,200 aggregate principal 2021 upon bond bore interest at a US Dollar fixed-rate coupon of 9.50 % which was payable semi-annually in arrears in March and September of each year . The bond was callable in whole or in parts in three years at a price equal to 103.8% of nominal value; in four years at a price equal to 101.9% of the nominal value and in four and a half years at a price equal to 100% of nominal value. and was Company repurchased $ 8,000 $ 74,200 106.25 % 78,838 , with newly issued bond, discussed below. The Company applied the debt modification guidance for the part of the transaction refinanced by existing investors 73,400 remaining $ 800 . An amount of $ 5,272 refinancing and unamortized deferred $ 57 call option 103.8 %. In of the 880 374 , respectively, extinguishment of debt” in the consolidated statements of operations. On June 22, 2021 , the Company issued a $ 125,000 refinanced the previous bond. The bond other senior unsecured obligations by law. Entities $ 21,000 rate coupon of 8.375 % and is payable semi-annually in bond is callable in 103.35 % of nominal June 2025 to December 101.675 % of the nominal at a price equal to 100 % of nominal value. The bond includes financial at Oslo Stock Exchange under the ticker symbol “DIASH02”. Secured Term Loans: Under the 34 are $ 722,961 . insurances, first assignment of time of corporate applicable), financial covenants, as well as operating account assignments. The lenders may also require additional agreements. ownership of the vessels, additional indebtedness, as well as minimum requirements regarding hull cover ratio and minimum liquidity accounts of the borrowers, or the Guarantor. As of December 31, 2022 and 2021, minimum cash the 21,000 16,500 , “Restricted secured term loans contain cross default provisions and additionally the any dividends following interest rate of the secured term loans was 3.8 % and 2.45 %, respectively. As of December borrower or as a guarantor, to guarantee the loans of its subsidiaries: Export-Import February 15, 2012 , down a 37,450 , under 40 quarterly instalments of approximately 628 12,332 on February 15, 2022 . On May 18, 2012 , the Company drew down, under the same agreement, a second tranche of 34,640 , which 40 quarterly 581 balloon of $ 11,410 May 18, 2022 . The loan at LIBOR plus a margin of 2.50 % per annum was prepaid in full on May 17, were written Commonwealth Bank $ 9,500 32 quarterly instalments 156 4,500 January 13, 2022 . interest at LIBOR 2.25 %, was prepaid written off to “(Loss)/gain on extinguishment of debt” in the 2021 consolidated statement BNP Paribas (“BNP”): 53,500 agreement, to G. P. P. maturing on November 30, 2021 . The agreement was refinanced on June May 19, 2024 . The 1,574 $ 23,596 margin of 2.5 %. On July 16, 2018, the Company drew down $ 75,000 is repayable in consecutive quarterly instalments 1,562.5 43,750 together with the July 17, 2023 . The loan bears 2.3 %. Nordea Bank AB, 93,080 under a March 19, 2021 . The margin of 2.1 %. On May July maturity to 460 . The loan, 460 instalments 1,862 26,522 March 19, 2024 , all amount of $ 4,786 , due to Baltimore to OceanPal (Note 4). to consolidated statement of operations. Following this quarterly instalments 1,636 23,313 March 19, 2024 . On September 200 price of 9 197,236 each 21,937 under agreement. (Note 7). Unamortized finance costs relating to “(Loss)/gain on prepayment, the 20 quarterly 3,719 , and a balloon amounting to $ 100,912 October 11, 2027 . The loan bears 2.25 %. Loan 2,069 contra to debt and commitment fees amounted to $ 191 , included in Interest expense and finance costs in the accompanying 2022 consolidated statement of operations. ABN AMRO Bank N.V., or ABN: the amount of $ 52,885 quarterly 800 9,000 instalment on June 28, 2024 . The tranche 2.25 %. Tranche repayable in equal quarterly 994 13,391 together with the last instalment on June 28, 2024 , and bears interest at LIBOR plus a margin of 2.4 %. On May 20, 91,000 ABN AMRO repayable in consecutive quarterly 3,390 23,200 with May 20, 2026 . agreements of Santa Barbara New Orleans , which were Company 30,791 , Unamortized extinguishment of debt” in the 2022 consolidated statement of operations. Following this loan is repayable quarterly 1,980 13,553 with the May 20, 2026 . The 2.15 % per annum, which may 10 the performance under certain sustainability KPIs. Danish Ship Finance A/S: 30,000 which was repayable in 28 quarterly 500 16,000 payable together with the last April 30, 2022 . The loan which bore margin of 2.15 % was on extinguishment of debt” in the 2021 consolidated statement ING Bank N.V.: On November 19, 27,950 a secured 28 quarterly 466 each and a 14,907 November 19, 2022 . 11,733 28 consecutive quarterly 293 3,520 together with the last instalment on October 6, 2022 . The loan which bore interest at LIBOR of 1.65 % was extinguishment of debt” in the 2021 consolidated statement of operations. Export-Import Bank of China: 57,240 loan quarterly 954 , January 4, 2032 2.3 %. DNB Bank 19,000 which is quarterly 477.3 9,454 with the last instalment on March 14, 2024 . The loan bears interest at LIBOR plus a margin of 2.4 %. As of December 31, 2022 and 2021, the Company was in compliance The maturities of the Company’s throughout their term, are shown in the table below and do not Period Principal Repayment Year 1 $ 93,830 Year 2 112,645 Year 3 26,615 Year 4 161,207 Year 5 119,605 Year 6 and 16,218 Total $ 530,120

Finance Liabilities

Finance Liabilities	12 Months Ended
	Dec. 31, 2022
Finance Liabilities
Finance Liabilities	7. The amount of finance liabilities as follows: 2022 Finance liabilities 142,370 Less: Deferred financing costs (1,439) Finance liabilities, net of deferred financing costs $ 140,931 Less: Current finance liabilities, net of deferred financing (8,802) Finance liabilities, excluding current maturities $ 132,129 On March 29, 2022, the Company sold Florida 50,000 back the ten years , under hire, monthly after lease, at specific prices, subject to the Company has 16,350 , on the expiration tenth year. Issuance costs amounted to $ 513 . On August 17, 2022, the two Japanese New Santa for 66,400 . vessels were delivered the Company eight years , each, and has purchase options beginning at the end of the or written notice to the vessels for $ 13,000 , each, on the expiration $ 665 . On December 6, 2022, the Company DSI Andromeda 29,850 and ten years , Company repurchase the vessel after the termination repurchased earlier, the Company 8,050 , on the of the lease on the tenth year. Issuance costs amounted to $ 354 . Under the bareboat charter parties, the Company is responsible for the operation and maintenance of the vessels and the during the charter period. The Company determined failed proceeds from the sale of the weighted 8.69 interest rate was 4.61 %. As of as shown in the table below: Period Principal Repayment Year 1 $ 9,033 Year 2 9,437 Year 3 9,808 Year 4 10,224 Year 5 10,661 Year 6 and 93,207 Total $ 142,370

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies
Commitments and Contingencies	8. a) liability, arise in with Company’s management becomes exposure. The Company’s vessels are 1 incident, by the recorded a 1,789 its insurance consolidated statement of operations. b) Protefs , entered United maintenance of books and records Protefs. On September 23, 2021, Protefs among others, 2,000 1,000 of this fine was decreased by full amount was recovered. c) the Company Florida, Santa and upon expiration of their lease contracts, as described d) charter expected to 31, 2022 and until their expiration was as follows: Period Amount Year 1 $ 163,438 Year 2 22,980 Year 3 9,454 Year 4 9,454 Year 5 725 $ 206,051

Capital Stock and Changes in Ca

Capital Stock and Changes in Capital Accounts	12 Months Ended
	Dec. 31, 2022
Capital Stock and Changes in Capital Accounts
Stockholders Equity Note Disclosure [Text Block]	9. a) : consists of 25,000,000 0.01 1,000,000 are designated as Series A Participating 5,000,000 Preferred Shares, 10,675 400 Series zero Participating Preferred Shares issued and outstanding. b) 2,600,000 Series B Preferred 0.01 25.00 with liquidation preference 25.00 Holders of Series B Preferred Shares have no voting rights other than the ability, subject to certain exceptions, to elect one director if dividends for six quarterly dividend periods (whether or not consecutive) are in arrears and certain other limited protective voting rights. to dividends, future indebtedness. Dividends on the Series on the 15th 8.875 % per annum, or 2.21875 amounted 5,769 , 5,769 5,769 , redeem, in whole or in part, the Series B Preferred Shares at a redemption price of $ 25.00 an amount equal not declared. c) : As of December 10,675 of Series C Preferred Stock, issued and 0.01 of its Chief The Series C Preferred Stock votes with the common shares of the Company, and each share entitles the holder thereof to 1,000 votes on all matters submitted to a vote of the shareholders of the Company. rights and cannot be immediate family members. d) : As of December 31, 2022, and, 2021, 400 Series D Preferred Stock, issued and outstanding, 0.01 its Chief has no Company, 100,000 votes, on of votes eligible security of the Company entitled to voting power derived from securities other than the Series D of votes entitled to be cast on matters put to shareholders of the Company. is transferable only to the holder’s immediate family e) In February 2020, a 3,030,303 3.30 repurchased 1,088,034 at 1.72 $ 11,999 , 6,000,000 shares at the price 2.50 August 2021, the Company 3,333,333 4.50 3,529,411 a price of 4.25 45,369 , including expenses. In 877,581 price of 6.27 5,322 . During under its 820,000 4.56 share, 3,799 , Company issued 16,453,780 eight out of of $ 4.13 . f) On March 21, stock of 0.20 paid a dividend on its common stock of 0.25 On 0.275 shareholders of record as of August 8, 2022. On December 15, 2022, the Company paid a common stock of $ 0.175 the Company paid total cash dividends on common stock amounting 79,812 . g) On December 15, 2022, the Company distributed the Series D Preferred 18,189 , or $ 0.18 per share, 2021, the Company OceanPal, acquired in a spin-off, amounting to $ 40,509 h) On February 25, 2022, 1,470,000 pursuant to the Company’s Equity Incentive Plan, as annual bonus. The fair value of the restricted shares based on the 6,101 . The cost awards will be 3 As of December 15,194,759 incentive plan. Restricted stock in 2022, 2021 and 2020 is analyzed as follows: Number of Shares Weighted Average Grant Date Price Outstanding at December 31, 2019 3,833,233 $ 3.63 Granted 2,200,000 2.72 Vested (3,610,221) 3.52 Outstanding at December 31, 2020 2,423,012 $ 2.95 Granted 8,260,000 2.85 Vested (1,168,363) 3.20 Outstanding at December 31, 2021 9,514,649 $ 2.83 Granted 1,470,000 4.15 Vested (3,118,060) 2.86 Outstanding at December 31, 2022 7,866,589 $ 3.07 The Company’s aggregate compensation cost the respective vesting periods. In 2022, 2021, and 2020, compensation cost amounted 9,282 , $ 7,442 , and 10,511 , accompanying consolidated statements of operations. As of $ 16,873 20,054 , respectively. As of total compensation cost related to 2.54

Voyage expenses

Voyage expenses	12 Months Ended
	Dec. 31, 2022
Voyage expenses
Voyage expenses	10. The amounts in the accompanying consolidated statements of operations 2022 2021 2020 Commissions $ 14,412 $ 10,794 $ 8,310 (Gain)/loss from bunkers (8,100) (5,955) 3,708 Port expenses and other 630 731 1,507 Total $ 6,942 $ 5,570 $ 13,525

Interest and Finance Costs

Interest and Finance Costs	12 Months Ended
	Dec. 31, 2022
Interest and Finance Costs
Interest and Finance Costs	11. The amounts in the accompanying consolidated statements of operations 2022 2021 2020 Interest expense, debt $ 21,983 $ 18,067 $ 20,163 Finance liabilities interest expense 2,735 - - Amortization of debt and finance liabilities issuance costs 2,286 1,865 1,066 Loan and other expenses 415 307 285 Interest expense and finance costs $ 27,419 $ 20,239 $ 21,514

Earnings_(loss) per Share

Earnings/(loss) per Share	12 Months Ended
	Dec. 31, 2022
Earnings/(loss) per Share
Earnings/(loss) per Share	12. All common are calculation participating Incremental shares are the number of shares assumed issued for 3,257,861 3,735,059 calculation. In no t share, as the Company incurred losses and the effect of such shares would be anti-dilutive. Profit or Preferred Stock as follows: 2022 2021 2020 Net income/(loss) $ 119,063 $ 57,394 $ (134,197) Dividends on series B preferred shares (5,769) (5,769) (5,769) Net income/(loss) attributable to common stockholders $ 113,294 $ 51,625 $ (139,966) Weighted average number of common shares, basic 80,061,040 81,121,781 86,143,556 Incremental shares 3,257,861 3,735,059 - Weighted average number of common shares, diluted 83,318,901 84,856,840 86,143,556 Earnings/(loss) per share, basic $ 1.42 $ 0.64 $ (1.62) Earnings/(loss) per share, diluted $ 1.36 $ 0.61 $ (1.62)

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Taxes
Income Taxes	13. Under companies are and tonnage statements of operations. The vessel-owning returns with the Internal Revenue Service. However, pursuant to the Internal Revenue Code of the United States, U.S. The applicable tax is 50 % of 4 % of U.S.-related gross transportation The Company and each 2021 and return reporting purposes.

Financial Instruments and Fair

Financial Instruments and Fair Value Disclosures	12 Months Ended
	Dec. 31, 2022
Financial Instruments and Fair Value Disclosures
Financial Instruments and Fair Value Disclosures	14. Interest rate risk and concentration of credit risk Financial instruments, consist Company’s counterparties to perform their that are the Company’s credit risk with financial institutions is limited as it has temporary cash investments, consisting mostly of deposits, placed with various qualified financial institutions and performs periodic evaluations of the relative credit receivable by performing ongoing payments receivable and does not have any agreements to mitigate credit risk. In 2022, 10 % or charter revenues were as follows: Charterer 2022 2021 2020 Cargill International SA 19% 10% 18% Koch Shipping PTE LTD. 15% * 16% *Less than 10% The Company the company does not have any derivative instruments to manage such Fair value of assets and liabilities The approximate their fair value of long-term bank loans with variable interest due to their variable interest rates. Fair value measurements disclosed As of December 31, 2022, the Bond having a fixed interest 125,000 had a fair value of $ 120,525 FASB guidance for Fair Value Measurements. On September 25,000 $ 17,600 , determined through Level 2 inputs of the fair value hierarchy by taking into consideration party future cash flows the Company expects to receive from holding On December 15, measured their fair 18,189 . Their Level 2 value instrument which resulted in gain of $ 589 Other Fair value measurements Description (in thousands of US Dollars) December 31, 2021 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Non-recurring fair value measurements Investments in related parties (1) 7,575 7,575 December 31, 2022 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Non-recurring fair value measurements Long-lived assets held for use (2) 67,909 67,909 Total 67,909 67,909 - On November 29, at 5 7,570 , respectively, Company by OceanPal (Note 3(f)). (2) eight agreement with 263,719 , of 195,810 paid in cash and $ 67,909 the Company’s shares on such shares.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events
Subsequent Events	15. a) On dividend 0.5546875 1,442 , stockholders of record as of January 13, 2023. b) owned subsidiary, for the 15,080 . The Additionally, on an agreement with OceanPal, $ 14,000 , 4,000 10,000 13,157 Shares. The vessel was delivered to resulted 8,134 agreements with Nordea, Melia Aliki , and the repayment schedule was adjusted accordingly. c) Ultramax dry bulk 2,033,613 common shares to Sea Trade, at $ 0.01 7,809 , based Level 1 account hierarchy. d) Agreement to acquire from an unaffiliated third party the m/v Nord Potomac, a 2016 built Ultramax dry bulk vessel, for a purchase 27,900 , of which the Company paid 10 % advance of the purchase price. 2023. e) Restricted share awards: award 1,750,000 . executive directors, pursuant to the Company’s amended plan, as the restricted shares $ 7,945 . The which will be 3 f) 11,841 balance of its loan with DNB Bank (Note 6). g) quarterly dividend on 0.15 15,965 , to shareholders as of December 31, on April 24, 13,157 non-cash consideration of the sale of Melia

Significant Accounting Polici_2

Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2022
Significant Accounting Policies
Principles of Consolidation	a) : prepared in Diana Shipping Inc. been “Consolidation”, the considering if deemed to be the primary beneficiary under majority instruments, service contracts, and entity exist. For is a without additional characteristics of a controlling financial interest. In performing the analysis of whether the Company is the primary beneficiary activities of absorb losses or the right to receive Company had identified involved beneficiary. meets the definition of a joint venture, DWM is not a VIE, it reconsiders whether the entity has become a VIE.
Use of Estimates	b) The preparation generally accepted accounting principles affect the the during the reporting period.
Other Comprehensive Income / (Loss)	c) The Company separately presents certain transactions, which are recorded directly as components is presented in a separate statement.
Foreign Currency Translation	d) The functional the Company’s in U.S. dollars. The Company’s accounting records are other currencies during time of in losses operations.
Cash, Cash Equivalents and Time Deposits	e) The Company considers highly liquid investments such as time deposits, certificates of deposit three months to cash and cash of cash deposits required to be maintained at all times under
Accounts Receivable, Trade	f) The amount shown as accounts receivable, trade, at each sheet doubtful accounts, if any. individually for 31, 2022 no income on trade receivables as all balances are settled within a year.
Inventories	g) Inventories basis, at the lower of cost or net ordinary course of business, When recognized as a loss in earnings in the period in which it occurs. method. Amounts removed from inventory are also determined by the may also consist of bunkers, any, out method.
Vessel Cost	h) : expenses improvements are also capitalized when they appreciably extend the life, increase improve incurred. Interest cost avoided if expenditure on accumulated of the period.
Vessels held for sale	i) criteria are met. Long-lived assets of their the criteria to be held for sale. The fair value less cost to sell of an asset held for sale is assessed at each reporting period it remains classified as held reclassified as held and used, for sale, adjusted for depreciation, and the asset’s fair value at the date of the
Sale and leaseback	j) sale of an asset and leaseback should firstly determine whether the transfer of an asset shall be accounted for as a For a buyer aforementioned guidance, sale and leaseback transactions, which include an obligation for the Company, as seller-lessee, to repurchase the finance lease, are determined derecognize the asset from leaseback agreement as a financing arrangement.
Property and equipment	k) The Company also owns part of a plot acquired for subject 55 years no Furniture, 5 years , Company, which has a useful life of 10 years . Computer software and hardware have a three years . Depreciation is calculated on a straight-line basis.
Impairment of Long-Lived Assets	l) Long-lived events potential recoverable. charges, expected disposition Measurement of party valuations. For vessels, the Company calculates undiscounted projected net operating cash flows by considering the historical and charter rates for the unfixed days, using 10 -year average of historical 1 year time charter rates available Historical chartering strategy, the Company’s 10-year average of historical 1 year time charter rates is uses the average of historical 1 year time charter rates developing estimates of the vessels’ maintenance; vessel for scrap. fleet vessels’ net book the vessel plus as impairment loss. The recognition of impairment carrying value in 2020 amounting to $ 104,395 . No 2022. For property by property, during the useful No and 2020 and down of the value of its land or building in the near future.
Vessel Depreciation	m) Depreciation is computed using the straight-line method over the estimated useful life value is equal the useful life of 25 years Second-hand vessels are depreciated from the date of their acquisition through their remaining estimated useful life. When regulations place limitations over the ability of a vessel to trade on a worldwide basis, its remaining useful life is adjusted at the date such regulations are
Deferred Costs	n) : special survey the period vessels that are sold or impaired are written off and included in in the year of the vessel’s sale (Note 4) or impairment.
Financing Costs	o) : Fees paid for obtaining finance liabilities, fees paid to lenders for obtaining new loans, as deferred. Fees relating the balance Unamortized fees relating to are included in the determination of the period case, they are capitalized to the vessels’ cost.
Concentration of Credit Risk	p) : significant Company financial institutions that with accounts receivable generally mitigate credit risk.
Accounting for Revenues and Expenses	q) Revenues agreements which contain the conditions. All of the the charterer pays a daily hire insurance premiums for navigating in from time charter thus recognized service is performed. of the in charterers, difference in from the the Company when the vessel is delivered to a new charterer (Note 10). Under a time charter agreement, the owner pays repairs, which are recognized in operating expenses. the maintenance of the same Additionally, assessed that charter contracts. to an vessel. The accounted together under criteria to recognize as revenue have not been met.
Repairs and Maintenance	r) expenses are expensed in the year incurred. Such costs are included in vessel operating expenses in the accompanying consolidated statements of operations.
Earnings / (loss) per Common Share	s) by common satisfaction earnings/(loss) per share per common common stock were exercised.
Segmental Reporting	t) The Company identified generation, the services environment. they do and the Company does not evaluate the operating Capesize etc.)
Fair Value Measurements	u) : The Company classifies and discloses its assets and liabilities at fair value in assets or liabilities; by market data; Level 3: Unobservable inputs that are not corroborated
Share Based Payments	v) their grant date fair value and are not subsequently re-measured. during which an employee is required to provide service in period (usually employees Forfeitures of grant date, incremental compensation cost will be recognized in an amount equal to the excess of the fair value of the modified award over the fair value of the original
Equity method investments	w) exercises accounting. Under this method, the Company amount for the recognized earnings investment. When the the support to liability because the Company absorbed such losses (Note 3(c)). The Company also evaluates whether a loss in value of an investment that is loss in of the investee to sustain an earnings capacity that would
Going concern	x) Management evaluates, at each events that raise substantial doubt about the Company's ability to continue as a going concern within one year from the date the financial statements are issued.
Shares repurchased and retired	y) The immediately cancelled and the Company’s share capital is accordingly reduced. Any excess of the shares 30, Treasury Stock.
Financial Instruments, credit losses	z) : At each assets individually for credit on such financial asset. When financial assets present similar risk characteristics, these are evaluated on a available information events, Company receivable due and determined that part of the amount may not be recoverable. December 31, 2021, an allowance for 300 , based on probability of default there (income)/loss” reversed (income)/loss” in No identified and recorded in 2020 and 2022.
Financial Instruments, Recognition and Measurement	aa) According Company has qualify for Fair Value Measurement to estimate per share (or changes in orderly equity securities at fair value as continue to with without a readily determinable fair value qualifies to Company may securities at election is Company also evaluates indicators such concern Company will estimate the fair value of the investment to determine
Non-monetary transactions	ab) Non-monetary transactions fair values of asset relinquished is determinable Transactions, Overall, and Reverse Spinoffs, not meet the definition of a business under ASC 805, the nonreciprocal transfer of nonmonetary assets is accounted for at fair value, if the fair value of the nonmonetary asset distributed is objectively measurable and distribution, and value of the the transferee in proportion to an ownership interest the Definition of a are concentrated in consolidated subsidiary of nonmonetary assets to owners are accounted for at fair value if the fair value of distributed is objectively measurable and would be clearly sale at or near the time of the distribution.
Contracts in entity's equity	ac) considered equity settlement. contains an explicit fails settled top-off Liabilities from Equity” and ASC 815 “Derivatives and Hedging” to determine whether the warrants issued should be classified as permanent equity, temporary equity or warrants are classification.
New Accounting Pronouncements - Not Yet Adopted	New Accounting Pronouncements - Not Yet Adopted In Effects exceptions reference rate reform. expected to be terminated for amendments for contract modifications by Topic or Industry Subtopic as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or prospectively from a date within an interim period are available must be applied prospectively for all eligible contract modifications entity may elect to apply beginning entered into certain those optional ASU No. 2022-06, Deferral of optional LIBOR) accounting for the sunset date of to LIBOR and the Company rate to be and elected to use term SOFR as a when the agreements to term SOFR will have a significant impact in its results of operations

Advances for vessel acquisiti_2

Advances for vessel acquisitions and Vessels, net (Tables)	12 Months Ended
	Dec. 31, 2022
Advances for vessel acquisitions and Vessels, net
Schedule of Vessels, net in the accompanying consolidated balance sheets	Vessel Cost Accumulated Depreciation Net Book Value Balance, December 31, 2020 $ 872,431 $ (156,253) $ 716,178 - Additions for improvements 1,106 - 1,106 - Additions for improvements reclassified from other non- current assets 441 - 441 - Vessel disposals (16,120) 7,110 (9,010) - Vessels contributed to OceanPal (47,429) 17,127 (30,302) - Depreciation for the year - (34,963) (34,963) Balance, December 31, 2021 $ 810,429 $ (166,979) $ 643,450 - Additions for vessel acquisitions and improvements 358,504 - 358,504 - Additions for improvements reclassified from other non- current assets 1,370 - 1,370 - Vessel disposals (29,175) 12,453 (16,722) - Depreciation for the year - (36,986) (36,986) Balance, December 31, 2022 $ 1,141,128 $ (191,512) $ 949,616

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2022
Property and Equipment, net
Schedule of property and equipment	Property and Equipment Accumulated Depreciation Net Book Value Balance, December 31, 2020 $ 27,198 $ (5,494) $ 21,704 - Additions in property and equipment 1,600 - 1,600 - Depreciation for the year - (462) (462) - Disposal of assets (529) 529 - Balance, December 31, 2021 $ 28,269 $ (5,427) $ 22,842 - Additions in property and equipment 667 - 667 - Depreciation for the year - (546) (546) Balance, December 31, 2022 $ 28,936 $ (5,973) $ 22,963

Long-term debt (Tables)

Long-term debt (Tables)	12 Months Ended
	Dec. 31, 2022
Long-term debt
Schedule of Long-term Debt Instruments	2022 2021 Senior unsecured bond 125,000 125,000 Secured long-term debt 405,120 306,843 Total long-term $ 530,120 $ 431,843 Less: Deferred financing costs (7,609) (8,168) Long-term debt, net of deferred financing costs $ 522,511 $ 423,675 Less: Current long-term debt, net of deferred financing current (91,495) (41,148) Long-term debt, excluding current maturities $ 431,016 $ 382,527
Schedule of Maturities of Long-term Debt	Period Principal Repayment Year 1 $ 93,830 Year 2 112,645 Year 3 26,615 Year 4 161,207 Year 5 119,605 Year 6 and 16,218 Total $ 530,120

Finance Liabilities (Tables)

Finance Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Finance Liabilities
Analysis of Finance Liabilities on Balance Sheets	2022 Finance liabilities 142,370 Less: Deferred financing costs (1,439) Finance liabilities, net of deferred financing costs $ 140,931 Less: Current finance liabilities, net of deferred financing (8,802) Finance liabilities, excluding current maturities $ 132,129
Annual Lease Liabilities	Period Principal Repayment Year 1 $ 9,033 Year 2 9,437 Year 3 9,808 Year 4 10,224 Year 5 10,661 Year 6 and 93,207 Total $ 142,370

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies
Schedule of fixed non cancelable time charter contracts	Period Amount Year 1 $ 163,438 Year 2 22,980 Year 3 9,454 Year 4 9,454 Year 5 725 $ 206,051

Capital Stock and Changes in _2

Capital Stock and Changes in Capital Accounts (Tables)	12 Months Ended
	Dec. 31, 2022
Capital Stock and Changes in Capital Accounts
Schedule of share-based compensation restricted stock and restricted stock units activity	Number of Shares Weighted Average Grant Date Price Outstanding at December 31, 2019 3,833,233 $ 3.63 Granted 2,200,000 2.72 Vested (3,610,221) 3.52 Outstanding at December 31, 2020 2,423,012 $ 2.95 Granted 8,260,000 2.85 Vested (1,168,363) 3.20 Outstanding at December 31, 2021 9,514,649 $ 2.83 Granted 1,470,000 4.15 Vested (3,118,060) 2.86 Outstanding at December 31, 2022 7,866,589 $ 3.07

Voyage expenses (Tables)

Voyage expenses (Tables)	12 Months Ended
	Dec. 31, 2022
Voyage expenses
Schedule of voyage expenses analysis	2022 2021 2020 Commissions $ 14,412 $ 10,794 $ 8,310 (Gain)/loss from bunkers (8,100) (5,955) 3,708 Port expenses and other 630 731 1,507 Total $ 6,942 $ 5,570 $ 13,525

Interest and Finance Costs (Tab

Interest and Finance Costs (Tables)	12 Months Ended
	Dec. 31, 2022
Interest and Finance Costs
Schedule Of Interest And Finance Costs	2022 2021 2020 Interest expense, debt $ 21,983 $ 18,067 $ 20,163 Finance liabilities interest expense 2,735 - - Amortization of debt and finance liabilities issuance costs 2,286 1,865 1,066 Loan and other expenses 415 307 285 Interest expense and finance costs $ 27,419 $ 20,239 $ 21,514

Earnings (loss) per Share (Tabl

Earnings (loss) per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings/(loss) per Share
Schedule of Earnings Per Share, Basic and Diluted	2022 2021 2020 Net income/(loss) $ 119,063 $ 57,394 $ (134,197) Dividends on series B preferred shares (5,769) (5,769) (5,769) Net income/(loss) attributable to common stockholders $ 113,294 $ 51,625 $ (139,966) Weighted average number of common shares, basic 80,061,040 81,121,781 86,143,556 Incremental shares 3,257,861 3,735,059 - Weighted average number of common shares, diluted 83,318,901 84,856,840 86,143,556 Earnings/(loss) per share, basic $ 1.42 $ 0.64 $ (1.62) Earnings/(loss) per share, diluted $ 1.36 $ 0.61 $ (1.62)

Financial Instruments and Fai_2

Financial Instruments and Fair Value Disclosures (Tables)	12 Months Ended
	Dec. 31, 2022
Financial Instruments and Fair Value Disclosures
Schedule of company's charter revenues	Charterer 2022 2021 2020 Cargill International SA 19% 10% 18% Koch Shipping PTE LTD. 15% * 16% *Less than 10%
Schedule of other fair value measurements	Description (in thousands of US Dollars) December 31, 2021 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Non-recurring fair value measurements Investments in related parties (1) 7,575 7,575 December 31, 2022 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Non-recurring fair value measurements Long-lived assets held for use (2) 67,909 67,909 Total 67,909 67,909 - On November 29, at 5 7,570 , respectively, Company by OceanPal (Note 3(f)). (2) eight agreement with 263,719 , of 195,810 paid in cash and $ 67,909 the Company’s shares on such shares.

Basis of Presentation and Gen_2

Basis of Presentation and General Information (Narrative) (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Entity Information [Line Items]
Date of incorporation	Mar. 08, 1999
Diana Wilhelmsen Management Limited [Member]
Entity Information [Line Items]
Equity method investment, ownership percentage	50%	50%	50%

Significant Accounting Polici_3

Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies Disclosure [Line Items]
Accounts receivable, provision for doubtful accounts	$ 0	$ 0
Impairment	$ 0	0	$ 104,395
Impairment Long Lived Asset Held For Use Statement Of Income Or Comprehensive Income Extensible Enumeration	Asset Impairment Charges
Restricted cash, non-current	$ 21,000,000	16,500,000	20,000,000
Vessels' net book value	949,616,000	643,450,000	716,178,000
Direct Operating Costs	$ 6,942,000	5,570,000	13,525,000
Time period for measurement of time charter rate, input for calculation of vessel impairments	10 years
Provision for Doubtful Accounts	$ 133,000	300,000
Diana Wilhelmsen Management Limited [Member]
Accounting Policies Disclosure [Line Items]
Provision for Doubtful Accounts	$ 0	300,000	0
Building [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	55 years
Property and equipment, residual value	$ 0
Impairment	$ 0	$ 0	$ 0
Furniture [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	P5Y
Office Equipment [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	P5Y
Vehicles [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	P5Y
Car [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	P10Y
Computer Software and Hardware [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	P3Y
Vessels [Member]
Accounting Policies Disclosure [Line Items]
Property and equipment, estimated useful lives	25 years

Transactions with Related Par_2

Transactions with Related Parties (Altair and Steamship) (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Due to related parties, current	$ 136,000	$ 596,000
Altair Travel Agency S.A. [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	2,644,000	2,210,000	$ 1,854,000
Due to related parties, current	136,000	138,000
Steamship Shipbroking Enterprises [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	3,309,000	3,309,000	2,653,000
Due to related parties, current	0	0
Commissions charged by a related party (Note 4(d))	$ 1,219,000	$ 712,000	$ 576,000

Transactions with Related Par_3

Transactions with Related Parties (DWM) (Narrative) (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) Vessels	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Related Party Transaction [Line Items]
Payments to acquire interest joint venture		$ 375,000	$ 500,000
Equity method investments	$ 506,000	0
Due to related parties, current	136,000	596,000
Gain/(loss) from equity method investments	894,000	(333,000)	(1,110,000)
Management fees to related party	511,000	1,432,000	$ 2,017,000
Due from related parties	216,000	952,000
Provision for credit loss	$ 133,000	$ 300,000
Diana Wilhelmsen Management Limited [Member]
Related Party Transaction [Line Items]
Equity method investment, ownership percentage	50%	50%	50%
Equity method investments	$ 506,000
Diana Wilhelmsen Management Limited [Member]
Related Party Transaction [Line Items]
Due to related parties, current		$ 388,000
Gain/(loss) from equity method investments	894,000	(333,000)	$ (1,110,000)
Provision for credit loss	0	300,000	0
Diana Wilhelmsen Management Limited [Member] | Management Agreements [Member]
Related Party Transaction [Line Items]
Management fees to related party	$ 511,000	1,432,000	2,017,000
Number of vessels under new management agreements | Vessels	4
Commissions charged by a related party (Note 4(d))	$ 162,000	200,000	353,000
Due from related parties	216,000	952,000
Provision for credit loss		300,000
Diana Wilhelmsen Management Limited [Member] | Advances For Vessel Acquisitions And Vessels, Net [Member] | Management Agreements [Member]
Related Party Transaction [Line Items]
Management fees to related party	$ 272,000
Each 50% Shareholder of DWM [Member]
Related Party Transaction [Line Items]
Payments to acquire interest joint venture		$ 375,000	$ 500,000

Transactions with Related Par_4

Transactions with Related Parties (Series D Preferred Stock and Sale and Purchase of Bond by Executives) (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
	Jun. 22, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Proceeds from issuance of stock, net of expenses		$ 254
Purchase of Bond by executives | 8.375% Senior Unsecured Bond
Related Party Transaction [Line Items]
Proceeds from Issuance of Unsecured Debt	$ 21,000
Series D Preferred Stock [Member] | Mrs. Semiramis Paliou
Related Party Transaction [Line Items]
Issuance of new shares	400
Proceeds from issuance of stock, net of expenses	$ 254

Transactions with Related Par_5

Transactions with Related Parties (OceanPal) (Narrative) (Details)				1 Months Ended	12 Months Ended
	Dec. 15, 2022 USD ($) shares	Sep. 20, 2022 USD ($) $ / shares shares	Nov. 29, 2021 USD ($) $ / shares	Nov. 30, 2021 USD ($) Vessels shares	Dec. 31, 2022 USD ($) shares $ / shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($)
Related Party Transaction [Line Items]
Gain on spin-off of OceanPal Inc.						$ 15,252,000
Preferred shares, par value					$ 7,744,000	7,644,000
Accrued dividends					100,000	69,000
Due to related parties, current					136,000	596,000
Cash and cash equivalents					76,428,000	110,288,000	$ 62,909,000
Equity Securities Fv-Ni Realized Gain					589,000
Vessels					1,141,128,000	810,429,000	$ 872,431,000
OceanPal [Member]
Related Party Transaction [Line Items]
Accrued dividends					$ 917,000	69,000
OceanPal [Member] | Spin Off [Member]
Related Party Transaction [Line Items]
Number of vessel owing subsidiary shares as capital contribution | Vessels				3
Percentage of common stock to be exchanged				100%
Fair value						7,575,000
Gain on spin-off of OceanPal Inc.			$ 15,252,000
Cash and cash equivalents				$ 1,000,000
Fair value				$ 48,084,000
OceanPal [Member]
Related Party Transaction [Line Items]
Maximum total number of votes entitled to vote, including common stock or any other voting security					49%
Preferred shares, par value					$ 7,744,000	7,644,000
Accrued dividends					$ 169,000	69,000
Due to related parties, current						$ 70,000
OceanPal [Member] | Baltimore [Member]
Related Party Transaction [Line Items]
Proceeds from sale of productive assets		$ 4,400,000
Purchase price of vessel		$ 22,000,000
OceanPal [Member] | Baltimore [Member]
Related Party Transaction [Line Items]
Maximum percentage of votes as a percentage of total votes					49%
Series B Preferred Stock [Member] | OceanPal [Member] | Spin Off [Member]
Related Party Transaction [Line Items]
Shares exchanged for working capital contribution | shares				500,000		500,000
Series B Preferred Stock [Member] | OceanPal [Member]
Related Party Transaction [Line Items]
Number of votes of stockholders | shares					2,000
Maximum percentage of votes as a percentage of total votes					34%
Equity Securities, fair value			$ 5,000
Series C Convertible Preferred Stock [Member] | OceanPal [Member] | Spin Off [Member]
Related Party Transaction [Line Items]
Shares exchanged for working capital contribution | shares				10,000		10,000
Series C Preferred Stock [Member] | OceanPal [Member]
Related Party Transaction [Line Items]
Conversion price | $ / shares			$ 6.5
Cumulative preferred dividend accruing rate			8%
Preferred stock liquidation preference per share | $ / shares			$ 10,000
Equity Securities, fair value			$ 7,570,000
Series D Preferred Stock [Member] | OceanPal [Member]
Related Party Transaction [Line Items]
Issuance of new shares | shares	9,172	25,000
Cumulative preferred dividend accruing rate					7%
Par value | $ / shares		$ 0.01
Preferred stock liquidation preference per share | $ / shares					$ 1,000
Series D Preferred Stock [Member] | OceanPal [Member] | Baltimore [Member]
Related Party Transaction [Line Items]
Equity Securities Fv-Ni Realized Gain					$ 589,000
Balance amount through preferred shares, sale consideration received		$ 17,600,000
Investments, fair value		$ 17,600,000
Series D Preferred Stock [Member] | OceanPal [Member] | Baltimore [Member]
Related Party Transaction [Line Items]
Equity Securities Fv-Ni Realized Gain					$ 589,000
Equity Securities, fair value	$ 18,189,000
Common Stock [Member] | OceanPal [Member]
Related Party Transaction [Line Items]
Issuance of new shares | shares	72,011,457

Advances for vessel acquisiti_3

Advances for vessel acquisitions and Vessels, net (Narrative) (Details) $ in Thousands					1 Months Ended	3 Months Ended	12 Months Ended
	Aug. 10, 2022 USD ($) shares	Jun. 13, 2022 USD ($)	Dec. 03, 2021 USD ($)	Jul. 15, 2021 USD ($)	Aug. 31, 2022 USD ($)	Dec. 31, 2022 USD ($) Vessels	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Aug. 11, 2022 shares
Property, Plant and Equipment [Line Items]
Reclassification to Vessels							$ 1,370	$ 441
Asset Acquisition [Line Items]
Number of warrants | shares										18,487,393
Number Of Vessels Delivered To Company | Vessels						8
Advances for vessel acquisitions						$ 24,123	24,123	16,287
Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) from sale of vessels							(2,850)	(1,360)	$ 1,085
Vessels' net book value						949,616	949,616	643,450	716,178
Vessels						1,141,128	1,141,128	$ 810,429	$ 872,431
Najas
Disposal Groups, Including Discontinued Operations [Line Items]
Sale price of vessel						11,250	11,250
Gain (loss) from sale of vessels							(1,564)
Vessels' net book value						9,010	9,010
Baltimore
Disposal Groups, Including Discontinued Operations [Line Items]
Sale price of vessel						22,000	22,000
Gain (loss) from sale of vessels		$ (2,850)
Unamortized deferred costs		$ 41
Vessels' net book value						16,722	16,722
Vessel Acquisitions
Asset Acquisition [Line Items]
Advances for vessels acquisitions held at an escrow account						$ 20,571	20,571
Leonidas P.C.
Asset Acquisition [Line Items]
Advances for vessel acquisitions				$ 4,400
Percentage of advance amount paid				20%
Additional predelivery expenses.				$ 927
Purchase price of vessel acquired				$ 22,000
Florida
Asset Acquisition [Line Items]
Advances for vessel acquisitions			$ 11,855
Percentage of advance amount paid			20%
Additional predelivery expenses.			$ 1,504
Purchase price of vessel acquired			$ 59,275
Nine Ultramax vessels
Asset Acquisition [Line Items]
Total amount of equity interest	$ 110,000
Eight of nine Utramax vessels
Asset Acquisition [Line Items]
Additional predelivery expenses.					$ 4,364
Purchase price of vessel acquired					263,719
Total amount of equity interest					$ 67,909
Ninth of nine Ultramax vessels
Asset Acquisition [Line Items]
Additional predelivery expenses.							$ 169
Ultramax
Asset Acquisition [Line Items]
Asset acquisition price of acquisition expected	330,000
Amount to be paid in cash	$ 220,000
Ultramax | Newly Issued Common Shares, Issuable On Delivery Of Each Vessel [Member]
Asset Acquisition [Line Items]
Number of warrants | shares	18,487,393
Class Of Warrant Or Right Unissued | shares	9

Advances for vessel acquisiti_4

Advances for vessel acquisitions and Vessels, net (Schedule of Vessels, net in the accompanying consolidated balance sheets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Vessel Cost
Beginning balance	$ 810,429	$ 872,431
Vessels additions and improvements	358,504	1,106
Reclassification to Vessels	1,370	441
Vessel disposals	(29,175)	(16,120)
Vessels contributed to OceanPal		(47,429)
Ending balance	1,141,128	810,429
Accumulated Depreciation
Beginning balance	(166,979)	(156,253)
Vessel disposals	12,453	7,110
Vessels contributed to OceanPal		17,127
Depreciation for the year	(36,986)	(34,963)
Ending balance	(191,512)	(166,979)
Net Book Value
Beginning balance	643,450	716,178
Vessels additions and improvements	358,504	1,106
Reclassification to Vessels	1,370	441
Vessel disposal	(16,722)	(9,010)
Vessels contributed to OceanPal		(30,302)
Depreciation for the year	(36,986)	(34,963)
Ending balance	$ 949,616	$ 643,450

Property and Equipment, net (Na

Property and Equipment, net (Narrative) (Details) - DSS $ in Thousands, € in Millions	1 Months Ended
	Nov. 30, 2021 EUR (€)	Nov. 30, 2021 USD ($)
Percentage of land acquired	33.33%	33.33%
Purchase price of land | €	€ 1.1
Payments To Acquire Land Held For Use | $		$ 1,358

Property and Equipment, net (Sc

Property and Equipment, net (Schedule of property and equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Movement in Property, Plant and Equipment [Roll Forward]
Property and Equipment, Beginning Balance	$ 28,269	$ 27,198
Additions in property and equipment	667	1,600
Disposal of assets		(529)
Property and Equipment, Ending Balance	28,936	28,269
Movement in Accumulated Depreciation, Depletion and Amortization, Property, Plant and Equipment [Roll Forward]
Accumulated Depreciation, Property and Equipment, Beginning Balance	(5,427)	(5,494)
Depreciation for the year	(546)	(462)
Disposal of assets		529
Accumulated Depreciation, Property and Equipment, Ending Balance	(5,973)	(5,427)
Property, Plant and Equipment, Net, by Type [Abstract]
Property And Equipment Net, Beginning Balance	22,842	21,704
Additions in property and equipment	667	1,600
Depreciation for the year	(546)	(462)
Property And Equipment Net, Ending Balance	$ 22,963	$ 22,842

Long-term debt (Narrative I) (D

Long-term debt (Narrative I) (Details) $ in Thousands					12 Months Ended
	Sep. 27, 2021	Jun. 22, 2021 USD ($)	Sep. 27, 2018 USD ($)	Dec. 19, 2014 USD ($)	Dec. 31, 2022 USD ($) Vessels	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Jul. 07, 2020 USD ($)
Debt Instrument [Line Items]
Gain on extinguishment of Debt					$ (435)	$ (980)	$ 374
Minimum cash deposits required to be maintained					$ 21,000	$ 16,500	20,000
Secured Debt [Member]
Debt Instrument [Line Items]
Number Of Vessels Collateral For Debt | Vessels					34
Long-term Debt, Weighted Average Interest Rate					3.80%	2.45%
Debt Instrument Collateral Amount					$ 722,961
Minimum cash deposits required to be maintained					$ 21,000	$ 16,500
8.375% Senior Unsecured Bond
Debt Instrument [Line Items]
Debt Instrument, Issuance Date					Jun. 22, 2021
Debt Instrument, Face Amount		$ 125,000
Debt Instrument, Interest Rate, Stated Percentage		8.375%
8.375% Senior Unsecured Bond | Officers And Directors
Debt Instrument [Line Items]
Proceeds from Issuance of Unsecured Debt		$ 21,000
8.375% Senior Unsecured Bond | June 2024 to May 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage					103.35%
8.375% Senior Unsecured Bond | June 2025 to December 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage					101.675%
8.375% Senior Unsecured Bond | After December 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage					100%
9.5% Senior Unsecured Bond
Debt Instrument [Line Items]
Debt Instrument, Issuance Date					Sep. 27, 2018
Debt Instrument, Face Amount			$ 100,000
Debt Instrument, Payment Terms					payable semi-annually in arrears in March and September of each year
Debt Instrument, Interest Rate, Stated Percentage			9.50%
Debt Instrument, Redemption Price, Percentage	103.80%	106.25%
Fees paid						5,272
Gain on extinguishment of Debt						(57)
Repurchased bonds		$ 78,838
Nominal value of bond repurchased		74,200						$ 8,000
Debt Instrument, Call Feature					The bond was callable in whole or in parts in three years at a price equal to 103.8% of nominal value; in four years at a price equal to 101.9% of the nominal value and in four and a half years at a price equal to 100% of nominal value.
Gain (Loss) on Repurchase of Debt Instrument						$ (880)	$ 374
Debt extinguishment, amount		800
Debt refinanced, amount excluding extinguishment		$ 73,400
9.5% Senior Unsecured Bond | Officers And Directors
Debt Instrument [Line Items]
Proceeds from Issuance of Unsecured Debt			$ 16,200
9.5% Senior Unsecured Bond | In three years [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage			103.80%
9.5% Senior Unsecured Bond | In four years [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage			101.90%
9.5% Senior Unsecured Bond | In four and a half years [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage			100%
BNP Paribas [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt				$ 53,500
Debt Instrument, Maturity Date				Nov. 30, 2021

Long-term debt (Narrative II) (

Long-term debt (Narrative II) (Details) - Export-Import Bank of China and DnB NOR Bank ASA [Member] - Secured Debt [Member] $ in Thousands		12 Months Ended
	Feb. 15, 2012 USD ($)	Dec. 31, 2022 USD ($) Installments
First Tranche [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date		Feb. 15, 2012
Proceeds From Issuance Of Secured Debt	$ 37,450
Debt Instrument, Number of installments | Installments		40
Debt Instrument, Frequency of Periodic Payments		quarterly
Debt Instrument, Periodic Payment, Principal		$ 628
Debt Instrument, Balloon Payment		$ 12,332
Debt Instrument, Maturity Date		Feb. 15, 2022
Second Tranche [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date		May 18, 2012
Proceeds From Issuance Of Secured Debt		$ 34,640
Debt Instrument, Number of installments | Installments		40
Debt Instrument, Frequency of Periodic Payments		quarterly
Debt Instrument, Periodic Payment, Principal		$ 581
Debt Instrument, Balloon Payment		$ 11,410
Debt Instrument, Maturity Date		May 18, 2022
Second Tranche [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage		2.50%

Long-term debt (Narrative III)

Long-term debt (Narrative III) (Details)

1 Months Ended

3 Months Ended

12 Months Ended

Dec. 12, 2022 USD ($)

Sep. 30, 2022 USD ($) Vessels

Jul. 30, 2021 USD ($)

Jun. 29, 2020 USD ($)

Jul. 16, 2018 USD ($)

Mar. 19, 2015 USD ($)

Dec. 19, 2014 USD ($)

Jan. 13, 2014 USD ($)

Jul. 31, 2022 USD ($)

Mar. 19, 2015

Dec. 31, 2022 USD ($) Installments

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Debt Instrument [Line Items]

Loan expenses and other

$ 415,000

$ 307,000

$ 285,000

Commonwealth Bank of Australia, London Branch [Member] | Secured Debt [Member]

Debt Instrument [Line Items]

Proceeds From Issuance Of Secured Debt

$ 9,500,000

Debt Instrument, Number of installments | Installments

32

Debt Instrument, Frequency of Periodic Payments

quarterly

Debt Instrument, Periodic Payment, Principal

$ 156,000

Debt Instrument, Balloon Payment

$ 4,500,000

Debt Instrument, Maturity Date

Jan. 13, 2022

Debt Instrument, Description of Variable Rate Basis

LIBOR

Commonwealth Bank of Australia, London Branch [Member] | Secured Debt [Member] | LIBOR [Member]

Debt Instrument [Line Items]

Loan Margin Percentage

2.25%

BNP Paribas [Member] | Secured Debt [Member]

Debt Instrument [Line Items]

Proceeds From Issuance Of Secured Debt

$ 53,500,000

Debt Instrument, Maturity Date

Nov. 30, 2021

BNP Paribas [Member] | Secured Debt [Member] | Second Agreement [Member]

Debt Instrument [Line Items]

Proceeds From Issuance Of Secured Debt

$ 75,000,000

Debt Instrument, Periodic Payment, Principal

$ 1,574,000

1,562,500

Debt Instrument, Balloon Payment

$ 23,596,000

$ 43,750,000

Debt Instrument, Maturity Date

May 19, 2024

Jul. 17, 2023

BNP Paribas [Member] | Secured Debt [Member] | Second Agreement [Member] | LIBOR [Member]

Debt Instrument [Line Items]

Loan Margin Percentage

2.50%

2.30%

Nordea Bank AB, London Branch [Member] | Secured Debt [Member]

Debt Instrument [Line Items]

Proceeds From Issuance Of Secured Debt

$ 93,080,000

Debt Instrument, Maturity Date

Mar. 19, 2021

Nordea Bank AB, London Branch [Member] | Secured Debt [Member] | LIBOR [Member]

Debt Instrument [Line Items]

Loan Margin Percentage

2.10%

Nordea Bank AB, London Branch [Member] | Secured Debt [Member] | Refinancing Agreement

Debt Instrument [Line Items]

Proceeds From Issuance Of Secured Debt

$ 460,000

Debt Instrument, Periodic Payment, Principal

1,862,000

Debt Instrument, Balloon Payment

$ 26,522,000

Debt Instrument, Maturity Date

Mar. 19, 2024

Repayment of secured loan agreement

$ 4,786,000

Nordea Bank AB, London Branch [Member] | Secured Debt [Member] | New Repayments Terms Following July2022 Prepayment [Member]

Debt Instrument [Line Items]

Debt Instrument, Frequency of Periodic Payments

quarterly

Debt Instrument, Periodic Payment, Principal

$ 1,636,000

Debt Instrument, Balloon Payment

$ 23,313,000

Debt Instrument, Maturity Date

Mar. 19, 2024

Nordea Bank AB, London Branch [Member] | Secured Debt [Member] | Loan Agreement - 9 Ultramax Vessels [Member]

Debt Instrument [Line Items]

Proceeds From Issuance Of Secured Debt

$ 197,236,000

Debt Instrument, Number of installments | Installments

20

Debt Instrument, Frequency of Periodic Payments

quarterly

Debt Instrument, Periodic Payment, Principal

$ 3,719,000

Debt Instrument, Balloon Payment

$ 100,912,000

Debt Instrument, Maturity Date

Oct. 11, 2027

Repayment of secured loan agreement

$ 21,937,000

Debt Instrument, Face Amount

$ 200,000,000

Number of vessels priced | Vessels

9

Loan fees

$ 2,069,000

Loan expenses and other

$ 191,000

Nordea Bank AB, London Branch [Member] | Secured Debt [Member] | Loan Agreement - 9 Ultramax Vessels [Member] | SOFR [Member]

Debt Instrument [Line Items]

Loan Margin Percentage

2.25%

Long-term debt (Narrative IV))

Long-term debt (Narrative IV)) (Details) - Secured Debt [Member]							2 Months Ended	4 Months Ended	12 Months Ended
	Aug. 22, 2022 USD ($)	May 20, 2021 USD ($)	May 22, 2020 USD ($)	Jan. 04, 2017 USD ($)	Nov. 19, 2015 USD ($) Installments	Oct. 06, 2015 USD ($) Installments	Mar. 14, 2019 USD ($)	Apr. 30, 2015 USD ($)	Dec. 31, 2022 USD ($) Installments
ABN AMRO Bank N.V. [Member] | Third Agreement [Member]
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt		$ 91,000,000
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal	$ 1,980,000	3,390,000
Debt Instrument, Balloon Payment	$ 13,553,000	$ 23,200,000
Debt Instrument, Maturity Date	May 20, 2026	May 20, 2026
Repayment of secured loan agreement	$ 30,791,000
ABN AMRO Bank N.V. [Member] | Third Agreement [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage	2.15%
Maximum annual increase (decrease) to basis rate	10%
ABN AMRO Bank N.V. [Member] | Term loan facility
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt			$ 52,885,000
ABN AMRO Bank N.V. [Member] | Term loan facility | First Tranche [Member]
Debt Instrument [Line Items]
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal									$ 800,000
Debt Instrument, Balloon Payment									$ 9,000,000
Debt Instrument, Maturity Date									Jun. 28, 2024
ABN AMRO Bank N.V. [Member] | Term loan facility | First Tranche [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage									2.25%
ABN AMRO Bank N.V. [Member] | Term loan facility | Second Tranche [Member]
Debt Instrument [Line Items]
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal									$ 994,000
Debt Instrument, Balloon Payment									$ 13,391,000
Debt Instrument, Maturity Date									Jun. 28, 2024
ABN AMRO Bank N.V. [Member] | Term loan facility | Second Tranche [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage									2.40%
Danish Ship Finance A/S
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt								$ 30,000,000
Debt Instrument, Number of installments | Installments									28
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal									$ 500,000
Debt Instrument, Balloon Payment									$ 16,000,000
Debt Instrument, Maturity Date									Apr. 30, 2022
Danish Ship Finance A/S | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage									2.15%
ING Bank N.V. [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage									1.65%
ING Bank N.V. [Member] | First Tranche [Member]
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt					$ 27,950,000
Debt Instrument, Number of installments | Installments					28
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal					$ 466,000
Debt Instrument, Balloon Payment					$ 14,907,000
Debt Instrument, Maturity Date					Nov. 19, 2022
ING Bank N.V. [Member] | Second Tranche [Member]
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt						$ 11,733,000
Debt Instrument, Number of installments | Installments						28
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal						$ 293,000
Debt Instrument, Balloon Payment						$ 3,520,000
Debt Instrument, Maturity Date						Oct. 06, 2022
Export-Import Bank of China [Member]
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt				$ 57,240,000
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal									$ 954,000
Debt Instrument, Maturity Date									Jan. 04, 2032
Export-Import Bank of China [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage									2.30%
DNB Bank ASA [Member]
Debt Instrument [Line Items]
Proceeds From Issuance Of Secured Debt							$ 19,000,000
Debt Instrument, Frequency of Periodic Payments									quarterly
Debt Instrument, Periodic Payment, Principal									$ 477,300
Debt Instrument, Balloon Payment									$ 9,454,000
Debt Instrument, Maturity Date									Mar. 14, 2024
DNB Bank ASA [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Loan Margin Percentage									2.40%

Long-term debt (Schedule of Lon

Long-term debt (Schedule of Long-term Debt Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Long-term debt
Senior unsecured bond	$ 125,000	$ 125,000
Secured long-term debt	405,120	306,843
Total long-term debt	530,120	431,843
Less: Deferred financing costs	(7,609)	(8,168)
Long-term debt, net of deferred financing costs	522,511	423,675
Less: Current portion of long term debt, net of deferred financing costs current	(91,495)	(41,148)
Long-term debt, excluding current maturities	$ 431,016	$ 382,527

Long-term debt (Schedule of Mat

Long-term debt (Schedule of Maturities of Long-term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Maturities of Long-term Debt [Abstract]
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	$ 93,830
Long-term Debt, Maturities, Repayments of Principal in Year Two	112,645
Long-term Debt, Maturities, Repayments of Principal in Year Three	26,615
Long-term Debt, Maturities, Repayments of Principal in Year Four	161,207
Long-term Debt, Maturities, Repayments of Principal in Year Five	119,605
Long-term Debt, Maturities, Repayments of Principal after Year Five	16,218
Total long-term debt	$ 530,120	$ 431,843

Finance Liabilities (Narrative)

Finance Liabilities (Narrative) (Details) $ in Thousands				12 Months Ended
	Dec. 06, 2022 USD ($)	Aug. 17, 2022 USD ($) Vessels	Mar. 29, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Property, Plant and Equipment [Line Items]
Finance Lease Liability				$ 140,931
Lease obligation issuance costs				$ 3,302	$ 7,594	$ 567
Weighted average remaining lease term				8 years 8 months 8 days
Average interest rate				4.61%
Florida 2022 Built Capesize Vessel [Member]
Property, Plant and Equipment [Line Items]
Finance Lease Liability			$ 50,000
Term for bareboat charter party			10 years
Lease obligation to purchase vessel			$ 16,350
Lease obligation issuance costs			$ 513
New Orleans And Santa Barbara Vessels [Member]
Property, Plant and Equipment [Line Items]
Finance Lease Liability		$ 66,400
Term for bareboat charter party		8 years
Lease obligation issuance costs		$ 665
Number of sale and leaseback agreements | Vessels		2
New Orleans Vessel [Member]
Property, Plant and Equipment [Line Items]
Lease obligation to purchase vessel		$ 13,000
Santa Barbara Vessel [Member]
Property, Plant and Equipment [Line Items]
Lease obligation to purchase vessel		$ 13,000
DSI Andromeda [Member]
Property, Plant and Equipment [Line Items]
Finance Lease Liability	$ 29,850
Term for bareboat charter party	10 years
Lease obligation to purchase vessel	$ 8,050
Lease obligation issuance costs	$ 354

Finance Liabilities (Analysis o

Finance Liabilities (Analysis of Finance Liabilities on Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finance Liabilities
Total finance liabilities	$ 142,370
Finance liabilities, net of deferred financing costs	140,931
Less: Current finance liabilities, net of deferred financing costs, current	(8,802)	$ 0
Finance liabilities, excluding current maturities	132,129	0
Lessee Lease Description [Line Items]
Less: Deferred financing costs	(7,609)	$ (8,168)
Finance Liabilities [Member]
Lessee Lease Description [Line Items]
Less: Deferred financing costs	$ (1,439)

Finance Liabilities (Annual Lea

Finance Liabilities (Annual Lease Liabilities) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Finance Liabilities
Year 1	$ 9,033
Year 2	9,437
Year 3	9,808
Year 4	10,224
Year 5	10,661
Year 6 and thereafter	93,207
Total finance liabilities	$ 142,370

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Sep. 23, 2021
Loss Contingencies [Line Items]
Insurance maximum amount	$ 1,000,000
Insurance Recoveries	1,789
Total amount of fine	$ 2,000
Diana Wilhelmsen Management Limited (DWM)
Loss Contingencies [Line Items]
Due From Related Parties		$ 1,000

Commitments and Contingencies_3

Commitments and Contingencies (Schedule of fixed non cancelable time charter contracts) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]
Year 1	$ 163,438
Year 2	22,980
Year 3	9,454
Year 4	9,454
Year 5	725
Total	$ 206,051

Capital Stock and Changes in _3

Capital Stock and Changes in Capital Accounts (Narrative stocks) (Details)							1 Months Ended					3 Months Ended	12 Months Ended
	Dec. 15, 2022 USD ($) $ / shares	Aug. 19, 2022 $ / shares	Jun. 17, 2022 $ / shares	Mar. 21, 2022 $ / shares	Nov. 29, 2021 USD ($)	Jun. 22, 2021 USD ($) $ / shares shares	Dec. 31, 2021 $ / shares shares	Aug. 31, 2021 $ / shares shares	Feb. 28, 2021 $ / shares shares	Mar. 31, 2020 $ / shares shares	Feb. 28, 2020 $ / shares shares	Dec. 31, 2022 shares $ / shares	Dec. 31, 2022 USD ($) shares $ / shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) shares
Class Of Stock [Line Items]
Cash dividends on preferred stock | $													$ 5,769,000	$ 5,769,000	$ 5,769,000
Payments for repurchase of common stock | $													3,799,000	45,369,000	11,999,000
Proceeds from issuance of stock, net of expenses | $														254,000
Cash dividend | $													79,812,000	8,820,000
Dividends in stock, value | $					$ 40,509,000									40,509,000
Dividends Paid-in-kind | $	$ 18,189,000												18,189,000
Issuance of stock | $													$ 5,322,000	254,000
Dividends Paid-in-kind, per share | $ / shares	$ 0.18
ATM Program [Member]
Class Of Stock [Line Items]
Shares issued price per share | $ / shares												$ 6.27	$ 6.27
Issuance of stock | $													$ 5,322,000
Series B Preferred Stock [Member]
Class Of Stock [Line Items]
Cash dividends on preferred stock | $													$ 5,769,000	$ 5,769,000	$ 5,769,000
Series D Preferred Stock [Member] | Mrs. Semiramis Paliou
Class Of Stock [Line Items]
Issuance of new shares						400
Preferred stock, Par value per share | $ / shares						$ 0.01
Cash dividends on preferred stock | $						$ 0
Preferred stock number of voting rights						100,000
Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock, Shares authorized							25,000,000					25,000,000	25,000,000	25,000,000
Preferred stock, Par value per share | $ / shares							$ 0.01					$ 0.01	$ 0.01	$ 0.01
Preferred Stock [Member] | Series A Participating Preferred Stock
Class Of Stock [Line Items]
Preferred stock, Shares authorized							1,000,000					1,000,000	1,000,000	1,000,000
Issuance of preferred stock, shares							0					0	0	0
Preferred stock, Shares outstanding							0					0	0	0
Preferred Stock [Member] | Series B Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock, Shares authorized							5,000,000					5,000,000	5,000,000	5,000,000
Preferred stock, Par value per share | $ / shares							$ 0.01					$ 0.01	$ 0.01	$ 0.01
Issuance of preferred stock, shares							2,600,000					2,600,000	2,600,000	2,600,000
Preferred stock, Shares outstanding							2,600,000					2,600,000	2,600,000	2,600,000
Shares issued price per share | $ / shares							$ 25					$ 25	$ 25	$ 25
Preferred stock liquidation preference per share | $ / shares							$ 25					25	$ 25	$ 25
Preferred stock voting rights													Holders of Series B Preferred Shares have no voting rights other than the ability, subject to certain exceptions, to elect one director if dividends for six quarterly dividend periods (whether or not consecutive) are in arrears and certain other limited protective voting rights.
Preferred stock dividend rate percentage													8.875%
Preferred stock dividend rate per dollar amount | $ / shares													$ 2.21875
Preferred stock, Redemption price per share | $ / shares												$ 25	$ 25
Preferred Stock [Member] | Series C Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock, Shares authorized							10,675					10,675	10,675	10,675
Issuance of preferred stock, shares							10,675					10,675	10,675	10,675
Preferred stock, Shares outstanding							10,675					10,675	10,675	10,675
Shares issued price per share | $ / shares							$ 0.01					$ 0.01	$ 0.01	$ 0.01
Preferred stock voting rights													The Series C Preferred Stock votes with the common shares of the Company, and each share entitles the holder thereof to 1,000 votes on all matters submitted to a vote of the shareholders of the Company.
Preferred stock number of voting rights												1,000	1,000
Preferred Stock [Member] | Series D Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock, Shares authorized							400					400	400	400
Issuance of new shares														400
Common Stock [Member]
Class Of Stock [Line Items]
Issuance of new shares													877,581
Shares issued price per share | $ / shares												$ 4.13	$ 4.13
Stock repurchased shares							3,529,411	3,333,333	6,000,000	1,088,034	3,030,303		820,000	12,862,744	4,118,337
Shares repurchase price per share | $ / shares							$ 4.25	$ 4.50	$ 2.50	$ 1.72	$ 3.30		$ 4.56
Payments for repurchase of common stock | $													$ 3,799,000	$ 45,369,000	$ 11,999,000
Dividend paid on common stock per share | $ / shares	$ 0.175	$ 0.275	$ 0.25	$ 0.20
Cash dividend | $	$ 79,812,000
Issuance of stock | $													$ 9,000
Issuance of common stock for vessel acquisitions, shares (Notes 4 and 9(e))												16,453,780	16,453,780

Capital Stock and Changes in _4

Capital Stock and Changes in Capital Accounts (Narrative incentive plan) (Details) - USD ($) $ in Thousands		12 Months Ended
	Feb. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock capital shares reserved for future issuance		15,194,759
Compensation cost on restricted stock		$ 9,282	$ 7,442	$ 10,511
Unrecognized cost for unvested restricted shares		$ 16,873	$ 20,054
Total compensation cost not yet recognized, Period for recognition		2 years 6 months 14 days
Granted		1,470,000	8,260,000	2,200,000
Restricted Stock | Executive Management And Non-Executive Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		3 years
Unrecognized cost for unvested restricted shares	$ 6,101
Granted	1,470,000

Capital Stock and Changes in _5

Capital Stock and Changes in Capital Accounts (Narrative warrants) (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) Vessels shares	Aug. 11, 2022 $ / shares shares
Share-based Arrangements with Employees and Nonemployees
Number of warrants		18,487,393
Number of shares permitted to purchase from warrants		9
Price per share | $ / shares		$ 0.01
Number of warrants outstanding	1
Number of vessels not delivered to company | Vessels	1
Proceeds from warrant exercises | $	$ 0

Capital Stock and Changes in _6

Capital Stock and Changes in Capital Accounts (Schedule of share-based compensation restricted stock and restricted stock units activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Non vested restricted common stock, beginning balance	9,514,649	2,423,012	3,833,233
Granted	1,470,000	8,260,000	2,200,000
Vested	(3,118,060)	(1,168,363)	(3,610,221)
Non vested restricted common stock, ending balance	7,866,589	9,514,649	2,423,012
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, beginning balance	$ 2.83	$ 2.95	$ 3.63
Weighted Average Grant Date Fair Value, Granted	4.15	2.85	2.72
Weighted Average Grant Date Fair Value, Vested	2.86	3.20	3.52
Weighted Average Grant Date Fair Value, ending balance	$ 3.07	$ 2.83	$ 2.95

Voyage Expenses (Schedule of vo

Voyage Expenses (Schedule of voyage expenses analysis) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Voyage expenses
Commissions	$ 14,412	$ 10,794	$ 8,310
Loss from bunker	(8,100)	(5,955)	3,708
Port expenses and other	630	731	1,507
Total	$ 6,942	$ 5,570	$ 13,525

Interest and Finance Costs (Sch

Interest and Finance Costs (Schedule of interest and finance costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest and Finance Costs
Interest expense, debt	$ 21,983	$ 18,067	$ 20,163
Finance liabilities interest expense	2,735
Amortization of debt and finance liabilities issuance costs	2,286	1,865	1,066
Loan and other expenses	415	307	285
Interest expense and finance costs	$ 27,419	$ 20,239	$ 21,514

Earnings_(loss) per Share (Narr

Earnings/(loss) per Share (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Abstract]
Denominator of the diluted earnings per share calculation			0
Incremental shares	3,257,861	3,735,059

Earnings_(loss) per Share (Sche

Earnings/(loss) per Share (Schedule of earnings per share, basic and diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Abstract]
Net income/(loss)	$ 119,063	$ 57,394	$ (134,197)
Dividends on series B preferred shares	(5,769)	(5,769)	(5,769)
Net income/(loss) attributable to common stockholders	$ 113,294	$ 51,625	$ (139,966)
Weighted average number of common shares, basic	80,061,040	81,121,781	86,143,556
Incremental shares	3,257,861	3,735,059
Weighted average number of common shares, diluted	83,318,901	84,856,840	86,143,556
Earnings/(loss) per share, basic	$ 1.42	$ 0.64	$ (1.62)
Earnings/(loss) per share, diluted	$ 1.36	$ 0.61	$ (1.62)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	Dec. 31, 2022
Income Tax Uncertainties [Abstract]
Shipping Income Percentage	50%
Tax Rate On US Source Shipping Income	4%

Financial Instruments and Fai_3

Financial Instruments and Fair Value Disclosures (Narrative) (Details) - USD ($)			12 Months Ended
	Dec. 15, 2022	Sep. 20, 2022	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value			$ 125,000,000	$ 125,000,000
Gain on dividend distribution (Note 3(f))			589,000
OceanPal [Member] | Series D Preferred Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Issuance of new shares	9,172	25,000
Baltimore [Member] | OceanPal [Member] | Series D Preferred Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Balance amount through preferred shares, sale consideration received		$ 17,600,000
Gain on dividend distribution (Note 3(f))			589,000
Investments, fair value		17,600,000
Level 2 [Member] | OceanPal [Member] | Series D Preferred Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Securities, fair value	$ 18,189,000
Investments, fair value		$ 17,600,000
8.375% Senior Unsecured Bond.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value			125,000,000
8.375% Senior Unsecured Bond. | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value			$ 120,525,000

Financial Instruments and Fai_4

Financial Instruments and Fair Value Disclosures (Schedule of company's charter revenues) (Details) - Customer Concentration Risk - Revenue Benchmark	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Minimum
Concentration Risk [Line Items]
Percentage of charter revenues	10%	10%	10%
Cargill International SA
Concentration Risk [Line Items]
Percentage of charter revenues	0.19%	0.10%	0.18%
Koch Shipping PTE LTD. Singapore
Concentration Risk [Line Items]
Percentage of charter revenues	0.15%		0.16%

Financial Instruments and Fai_5

Financial Instruments and Fair Value Disclosures (Schedule of other fair value measurements (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($) Vessels	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Nov. 29, 2021 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Purchase price		$ 230,302	$ 17,393	$ 6,001
Issuance of common stock for vessel acquisitions		67,853
Series B Preferred Stock [Member] | Equity Securities, Investment In Oceanpal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure					$ 5
Series C Preferred Stock [Member] | Equity Securities, Investment In Oceanpal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure					$ 7,570
Non recurring fair value measurements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 67,909	67,909
Non recurring fair value measurements | Investments in related parties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure			7,575
Non recurring fair value measurements | Long Lived Assets Held For Use
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 67,909	67,909
Non recurring fair value measurements | Long Lived Assets Held For Use | Master Agreement With Sea Trade [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number Of Vessels Delivered | Vessels	8
Purchase price of vessel acquired	$ 263,719
Purchase price	195,810
Issuance of common stock for vessel acquisitions		67,909
Non recurring fair value measurements | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	67,909	67,909
Non recurring fair value measurements | Level 1 [Member] | Long Lived Assets Held For Use
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 67,909	$ 67,909
Non recurring fair value measurements | Level 2 [Member] | Investments in related parties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure			$ 7,575

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands

12 Months Ended

Apr. 24, 2023

Mar. 20, 2023

Mar. 14, 2023

Feb. 22, 2023

Feb. 14, 2023

Feb. 02, 2023

Feb. 01, 2023

Jan. 30, 2023

Jan. 17, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Jan. 23, 2023

Subsequent Event [Line Items]

Cash proceeds from sale of vessels

$ 4,372

$ 33,731

$ 15,623

Common stock, par value per share

$ 0.01

$ 0.01

Issuance of common stock for vessel acquisitions

$ 67,853

Cash dividend

$ 79,812

$ 8,820

Restricted common stock granted in period

1,470,000

8,260,000

2,200,000

Fair value of approved awards

$ 16,873

$ 20,054

Subsequent Events.

Subsequent Event [Line Items]

Dividend paid on common stock per share

$ 0.15

Cash proceeds from sale of vessels

$ 4,000

Purchase price of vessel

14,000

$ 15,080

Repayment of secured loan agreement

$ 11,841

Stock Issued During Period Shares Purchase Of Assets

2,033,613

Common stock, par value per share

$ 0.01

Issuance of common stock for vessel acquisitions

$ 7,809

Cash dividend

$ 15,965

Subsequent Events. | Ultramax

Subsequent Event [Line Items]

Purchase price of vessel acquired

$ 27,900

Percent of paid in advance of purchase price

10%

Subsequent Events. | Nordea Loan [Member]

Subsequent Event [Line Items]

Repayment of secured loan agreement

$ 8,134

Restricted Stock | Subsequent Events.

Subsequent Event [Line Items]

Vesting period (in years)

3 years

Restricted common stock granted in period

1,750,000

Fair value of approved awards

$ 7,945

Series B Preferred Stock [Member] | Subsequent Events.

Subsequent Event [Line Items]

Preferred Stock, Dividends per share

$ 0.5546875

Dividends, Preferred Stock

$ 1,442

Series D Preferred Stock [Member] | Scenario Forecast [Member]

Subsequent Event [Line Items]

Issuance of new shares

13,157

Series D Preferred Stock [Member] | Subsequent Events.

Subsequent Event [Line Items]

Value Of Shares In PPE Purchase Price

$ 10,000

Shares Received In Ppe Sale

13,157