Overseas Shipholding Group, Inc. - Ordinary Shares (OSG)
Company Profile
| Cover | 12 Months Ended |
| Dec. 31, 2023 | |
| Cover [Abstract] | |
| Document Type | PRE 14A |
| Entity Registrant Name | OVERSEAS SHIPHOLDING GROUP, INC |
| Entity Central Index Key | 0000075208 |
| Amendment Flag | false |
| Pay vs Performance Disclosure - USD ($) | 12 Months Ended | |||
| Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
| Pay vs Performance Disclosure [Table] | ||||
| Pay vs Performance [Table Text Block] | In accordance with the SEC requirements, this section (1) presents “Compensation Actually Paid” or “CAP”, and (2) compares CAP to OSG’s performance, as measured by various metrics. We note that compensation decisions at OSG are made by our Compensation Committee independently of disclosure requirements, based on the factors discussed in our Compensation Discussion & Analysis. In particular, while SEC rules require disclosure of CAP and specify the manner in which CAP is calculated, the Committee does not use CAP in making compensation decisions and regards CAP as a supplemental measure to be viewed alongside the performance metrics on which the Committee bases its decisions. CAP The table below shows (1) CAP based on the information in Summary Compensation Table (“SCT”) and is adjusted for 2021, 2022, and 2023 as required by SEC rules, and (2) the value of a hypothetical initial investment made on December 31, 2020 of $100 in OSG stock as of December 31, 2021, December 31, 2022, and December 31, 2023 based on TSR, as explained below. Adjusted EBITDA Year Summary Compensation Table Total to PEO ($) Compensation Actually Paid to PEO ($) Average Summary Compensation Table Total for Non-PEO NEOs ($) Average Compensation Actually Paid to Non-PEO NEOs ($) Value of Initial Fixed $100 Investment Based On: Net Income ($) (in thousands) Adjusted EBITDA ($)(in thousands) Total Shareholder Return ($) Peer Group Total Shareholder Return ($) 2023 2,872,267 6,540,328 1,214,648 2,082,939 244 236 62,454 175,744 2022 2,372,326 2,627,988 990,990 1,003,566 126 120 26,564 142,810 2021 2,314,967 1,634,695 973,839 767,260 116 132 (46,252) 33,589 (1) The Principle Executive Officer (“PEO”) in the reporting years is our CEO, Mr. Norton. (2) The non-PEO NEOs in 2023 were Mr. Trueblood, Mr. O’Halloran, Mr. Mote and Ms. Allan. The non-PEO NEOs in 2022 were Mr. Trueblood and Mr. O’Halloran. The non-PEO NEOs in 2021 were Mr. Trueblood, Mr. O’Halloran, and Mr. Mote. (3) The values disclosed in this column represent the value of a hypothetical investment of $100 in our stock made on December 31, 2020as of December 31, 2021, December 31, 2022 and December 31, 2023, based upon the Company’s TSR for the years then ended. As permitted by SEC rules, the peer group referenced for purposes of the TSR comparison is the group of companies that comprise a combination of the Oil & Gas Storage and Transportation and Marine GICS Sub-Industries Indexes and that the Company uses for benchmarking purposes in connection with long term incentive compensation for NEOs. (1) The Principle Executive Officer (“PEO”) in the reporting years is our CEO, Mr. Norton (2) The non-PEO NEOs in 2023 were Mr. Trueblood Mr. O’Halloran Mr. Mote Ms. Allan Mr. Trueblood Mr. O’Halloran Mr. Trueblood Mr. O’Halloran Mr. Mote (3) The values disclosed in this column represent the value of a hypothetical investment of $100 in our stock made on December 31, 2020as of December 31, 2021, December 31, 2022 and December 31, 2023, based upon the Company’s TSR for the years then ended. As permitted by SEC rules, the peer group referenced for purposes of the TSR comparison is the group of companies that comprise a combination of the Oil & Gas Storage and Transportation and Marine GICS Sub-Industries Indexes and that the Company uses for benchmarking purposes in connection with long term incentive compensation for NEOs. To calculate CAP, the following amounts were deducted from and added to “Total Compensation” as set forth in the SCT: PEO SCT Total to CAP Reconciliation: Year Salary ($) Bonus and Non-Equity Incentive Compensation ($) Other Compensation ($) SCT Total ($) Deductions from SCT Total ($) Additions To SCT Total ($) CAP ($) (1) (2) (3) 2023 446,250 819,693 22,810 2,872,267 (1,583,514) 5,251,575 6,540,328 2022 425,000 692,500 21,126 2,372,326 (1,233,700) 1,489,361 2,627,988 2021 425,000 531,250 19,967 2,314,967 (1,338,750) 658,478 1,634,695 (1) Reflects “all other compensation,” as reported in the SCT for the year shown. (2) Represents the grant date fair value of equity-based awards granted each year. (3) Reflects the fair value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. The equity component of CAP for fiscal years 2021, 2022 and 2023 is further detailed in the supplemental tables below. Average Non-PEO NEOs SCT Total to CAP Reconciliation: Year Salary ($) Bonus and Non-Equity Incentive Compensation ($) Other Compensation ($) SCT Total ($) Deductions from SCT Total ($) Additions to SCT Total ($) CAP ($) (1) (2) (3) 2023 316,313 541,924 22,390 1,214,648 (334,021) 1,202,313 2,082,939 2022 312,500 326,937 20,434 990,990 (331,118) 343,694 1,003,566 2021 276,667 207,500 19,339 973,839 (470,333) 263,754 767,260 (1) Reflects “all other compensation,” as reported in the SCT for the year shown. (2) Represents the grant date fair value of equity-based awards granted each year. (3) Reflects the fair value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. The equity component of CAP for fiscal years 2021, 2022 and 2023 is further detailed in the supplemental tables below. SUPPLEMENTAL PEO Equity Component of CAP for FY2021: Equity Type Fair Value of Current Year Equity Awards at 12/31/21 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/21 ($) Change in Value of Prior Years’ Awards That Vested in FY2021 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs $727,900 (352,489) 0 375,412 RSUs $338,558 (59,004) 3,512 283,066 Total $1,066,458 (411,492) 3,512 658,478 SUPPLEMENTAL Average Non-PEO Equity Component of CAP for FY2021: Equity Type Fair Value of Current Year Equity Awards at 12/31/21 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/21 ($) Change in Value of Prior Years’ Awards That Vested in FY2021 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 281,001 (111,472) 17,565 187,094 RSUs 93,667 (19,012) 2,005 76,660 Total 374,668 (130,484) 19,570 263,754 SUPPLEMENTAL PEO Equity Component of CAP for FY2022: Equity Type Fair Value of Current Year Equity Awards at 12/31/22 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/22 ($) Change in Value of Prior Years’ Awards That Vested in FY2022 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 734,598 (26,086) (443,751) 264,760 RSUs 971,332 209,319 43,951 1,224,601 Total 1,705,929 183,233 (399,801) 1,489,362 SUPPLEMENTAL Average Non-PEO Equity Component of CAP for FY2022: Equity Type Fair Value of Current Year Equity Awards at 12/31/22 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/22 ($) Change in Value of Prior Years’ Awards That Vested in FY2022 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 216,059 (13,429) (178,046) 24,584 RSUs 241,802 63,522 13,785 319,110 Total 457,861 50,094 (164,261) 343,694 SUPPLEMENTAL PEO Equity Component of CAP for FY2023: Equity Type Fair Value of Current Year Equity Awards at 12/31/23 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/23 ($) Change in Value of Prior Years’ Awards That Vested in FY2023 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 1,115,048 1,656,635 (121,531) 2,650,153 RSUs 1,762,579 546,177 193,141 2,501,896 Total 2,877,627 2,202,812 71,611 5,152,049 SUPPLEMENTAL Average Non-PEO Equity Component of CAP for FY2023: Equity Type Fair Value of Current Year Equity Awards at 12/31/23 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/23 ($) Change in Value of Prior Years’ Awards That Vested in FY2023 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 270,414 427,847 (37,246) 661,016 RSUs 336,583 141,210 53,335 531,127 Total 606,997 569,057 16,089 1,192,143 | |||
| Company Selected Measure Name | Adjusted EBITDA | |||
| Named Executive Officers, Footnote [Text Block] | (1) The Principle Executive Officer (“PEO”) in the reporting years is our CEO, Mr. Norton (2) The non-PEO NEOs in 2023 were Mr. Trueblood Mr. O’Halloran Mr. Mote Ms. Allan Mr. Trueblood Mr. O’Halloran Mr. Trueblood Mr. O’Halloran Mr. Mote | |||
| Peer Group Issuers, Footnote [Text Block] | The values disclosed in this column represent the value of a hypothetical investment of $100 in our stock made on December 31, 2020as of December 31, 2021, December 31, 2022 and December 31, 2023, based upon the Company’s TSR for the years then ended. As permitted by SEC rules, the peer group referenced for purposes of the TSR comparison is the group of companies that comprise a combination of the Oil & Gas Storage and Transportation and Marine GICS Sub-Industries Indexes and that the Company uses for benchmarking purposes in connection with long term incentive compensation for NEOs. | |||
| PEO Total Compensation Amount | [1] | $ 2,872,267 | $ 2,372,326 | $ 2,314,967 |
| PEO Actually Paid Compensation Amount | [1] | $ 6,540,328 | 2,627,988 | 1,634,695 |
| Adjustment To PEO Compensation, Footnote [Text Block] | PEO SCT Total to CAP Reconciliation: Year Salary ($) Bonus and Non-Equity Incentive Compensation ($) Other Compensation ($) SCT Total ($) Deductions from SCT Total ($) Additions To SCT Total ($) CAP ($) (1) (2) (3) 2023 446,250 819,693 22,810 2,872,267 (1,583,514) 5,251,575 6,540,328 2022 425,000 692,500 21,126 2,372,326 (1,233,700) 1,489,361 2,627,988 2021 425,000 531,250 19,967 2,314,967 (1,338,750) 658,478 1,634,695 (1) Reflects “all other compensation,” as reported in the SCT for the year shown. (2) Represents the grant date fair value of equity-based awards granted each year. (3) Reflects the fair value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. The equity component of CAP for fiscal years 2021, 2022 and 2023 is further detailed in the supplemental tables below. SUPPLEMENTAL PEO Equity Component of CAP for FY2021: Equity Type Fair Value of Current Year Equity Awards at 12/31/21 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/21 ($) Change in Value of Prior Years’ Awards That Vested in FY2021 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs $727,900 (352,489) 0 375,412 RSUs $338,558 (59,004) 3,512 283,066 Total $1,066,458 (411,492) 3,512 658,478 SUPPLEMENTAL PEO Equity Component of CAP for FY2022: Equity Type Fair Value of Current Year Equity Awards at 12/31/22 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/22 ($) Change in Value of Prior Years’ Awards That Vested in FY2022 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 734,598 (26,086) (443,751) 264,760 RSUs 971,332 209,319 43,951 1,224,601 Total 1,705,929 183,233 (399,801) 1,489,362 SUPPLEMENTAL PEO Equity Component of CAP for FY2023: Equity Type Fair Value of Current Year Equity Awards at 12/31/23 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/23 ($) Change in Value of Prior Years’ Awards That Vested in FY2023 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 1,115,048 1,656,635 (121,531) 2,650,153 RSUs 1,762,579 546,177 193,141 2,501,896 Total 2,877,627 2,202,812 71,611 5,152,049 | |||
| Non-PEO NEO Average Total Compensation Amount | [2] | $ 1,214,648 | 990,990 | 973,839 |
| Non-PEO NEO Average Compensation Actually Paid Amount | [2] | $ 2,082,939 | 1,003,566 | 767,260 |
| Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | Average Non-PEO NEOs SCT Total to CAP Reconciliation: Year Salary ($) Bonus and Non-Equity Incentive Compensation ($) Other Compensation ($) SCT Total ($) Deductions from SCT Total ($) Additions to SCT Total ($) CAP ($) (1) (2) (3) 2023 316,313 541,924 22,390 1,214,648 (334,021) 1,202,313 2,082,939 2022 312,500 326,937 20,434 990,990 (331,118) 343,694 1,003,566 2021 276,667 207,500 19,339 973,839 (470,333) 263,754 767,260 (1) Reflects “all other compensation,” as reported in the SCT for the year shown. (2) Represents the grant date fair value of equity-based awards granted each year. (3) Reflects the fair value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. The equity component of CAP for fiscal years 2021, 2022 and 2023 is further detailed in the supplemental tables below. SUPPLEMENTAL Average Non-PEO Equity Component of CAP for FY2021: Equity Type Fair Value of Current Year Equity Awards at 12/31/21 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/21 ($) Change in Value of Prior Years’ Awards That Vested in FY2021 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 281,001 (111,472) 17,565 187,094 RSUs 93,667 (19,012) 2,005 76,660 Total 374,668 (130,484) 19,570 263,754 SUPPLEMENTAL Average Non-PEO Equity Component of CAP for FY2022: Equity Type Fair Value of Current Year Equity Awards at 12/31/22 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/22 ($) Change in Value of Prior Years’ Awards That Vested in FY2022 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 216,059 (13,429) (178,046) 24,584 RSUs 241,802 63,522 13,785 319,110 Total 457,861 50,094 (164,261) 343,694 SUPPLEMENTAL Average Non-PEO Equity Component of CAP for FY2023: Equity Type Fair Value of Current Year Equity Awards at 12/31/23 ($) Change in Value of Prior Years’ Awards Unvested at 12/31/23 ($) Change in Value of Prior Years’ Awards That Vested in FY2023 ($) Equity Value Included in CAP ($) (a) (b) (c) (d) = (a) + (b) + (c) PSUs 270,414 427,847 (37,246) 661,016 RSUs 336,583 141,210 53,335 531,127 Total 606,997 569,057 16,089 1,192,143 | |||
| Compensation Actually Paid vs. Total Shareholder Return [Text Block] | Relationship between CAP and TSR As shown in the graph below, the PEO and average non-PEO NEO CAP amounts are aligned with the Company’s TSR (assuming an initial investment of $100 made on December 31, 2020) for the fiscal years ended December 31, 2021, 2022, and 2023. The dollar amounts in the graph are shown in thousands ($K). | |||
| Compensation Actually Paid vs. Net Income [Text Block] | Relationship between CAP and Net Income The graph below reflects the relationship between PEO and average Non-PEO NEO CAP amounts and the Company’s net income for the fiscal years ending December 31, 2021, 2022, and 2023. As shown in the graph below, the PEO and average Non-PEO NEO CAP amounts are aligned with the Company’s net income. The dollar amounts in the graph are shown in thousands ($K). | |||
| Compensation Actually Paid vs. Company Selected Measure [Text Block] | Relationship between CAP and Adjusted EBITDA The graph below reflects the relationship between PEO and average Non-PEO NEO CAP amounts and the Company’s Adjusted EBITDA for the fiscal years ending December 31, 2021, 2022, and 2023. As shown in the chart below, the PEO and other NEOs’ CAP amounts are aligned with the Company’s Adjusted EBITDA. The dollar amounts in the graph are shown in thousands ($K). | |||
| Total Shareholder Return Vs Peer Group [Text Block] | Relationship between Company TSR and Peer Group TSR The graph below reflects the relationship between Company TSR and Peer Group TSR (each assuming an initial investment of $100 made on December 31, 2020) for the fiscal years ending December 31, 2021, 2022, and 2023. As shown in the chart below, the Company’s 3-year cumulative TSR is aligned with the industry index TSR. | |||
| Tabular List [Table Text Block] | Required Tabular Disclosure of Most Important Measures Linking Compensation Actually Paid During 2023 to Company Performance The following are, in no particular order, the most important measures used by the Company to link compensation actually paid to our NEOs for 2023 to Company performance: · Adjusted EBITDA · Free cash flow · General and administrative expense control | |||
| Total Shareholder Return Amount | [3] | $ 244 | 126 | 116 |
| Peer Group Total Shareholder Return Amount | [3] | 236 | 120 | 132 |
| Net Income (Loss) Attributable to Parent | $ 62,454,000 | $ 26,564,000 | $ (46,252,000) | |
| Company Selected Measure Amount | 175,744,000 | 142,810,000 | 33,589,000 | |
| PEO Name | Mr. Norton | Mr. Norton | Mr. Norton | |
| Measure [Axis]: 1 | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Measure Name | Adjusted EBITDA | |||
| Measure [Axis]: 2 | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Measure Name | Free cash flow | |||
| Measure [Axis]: 3 | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Measure Name | General and administrative expense control | |||
| Non-PEO NEO [Member] | Salary | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | $ 316,313 | $ 312,500 | $ 276,667 | |
| Non-PEO NEO [Member] | Bonus and Non Equity Incentive Compensation | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 541,924 | 326,937 | 207,500 | |
| Non-PEO NEO [Member] | Other Compensation | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | [4] | 22,390 | 20,434 | 19,339 |
| Non-PEO NEO [Member] | Deductions from SCT Total | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | [5] | (334,021) | (331,118) | (470,333) |
| Non-PEO NEO [Member] | Additions to SCT Total | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | [6] | 1,202,313 | 343,694 | 263,754 |
| Non-PEO NEO [Member] | Fair Value of Current Year Equity Awards | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 606,997 | 457,861 | 374,668 | |
| Non-PEO NEO [Member] | Change in Value of Prior Years Awards Unvested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 569,057 | 50,094 | (130,484) | |
| Non-PEO NEO [Member] | Change in Value of Prior Years Awards That Vested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 16,089 | (164,261) | 19,570 | |
| Non-PEO NEO [Member] | Equity Value Included in CAP | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | $ 1,192,143 | $ 343,694 | $ 263,754 | |
| Non-PEO NEO [Member] | Mr Richard Trueblood | ||||
| Pay vs Performance Disclosure [Table] | ||||
| PEO Name | Mr. Trueblood | Mr. Trueblood | Mr. Trueblood | |
| Non-PEO NEO [Member] | Mr Patrick O Halloran | ||||
| Pay vs Performance Disclosure [Table] | ||||
| PEO Name | Mr. O’Halloran | Mr. O’Halloran | Mr. O’Halloran | |
| Non-PEO NEO [Member] | Mr Damon Mote | ||||
| Pay vs Performance Disclosure [Table] | ||||
| PEO Name | Mr. Mote | Mr. Mote | ||
| Non-PEO NEO [Member] | Ms. Allan | ||||
| Pay vs Performance Disclosure [Table] | ||||
| PEO Name | Ms. Allan | |||
| Non-PEO NEO [Member] | PSU | Fair Value of Current Year Equity Awards | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | $ 270,414 | $ 216,059 | $ 281,001 | |
| Non-PEO NEO [Member] | PSU | Change in Value of Prior Years Awards Unvested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 427,847 | (13,429) | (111,472) | |
| Non-PEO NEO [Member] | PSU | Change in Value of Prior Years Awards That Vested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | (37,246) | (178,046) | 17,565 | |
| Non-PEO NEO [Member] | PSU | Equity Value Included in CAP | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 661,016 | 24,584 | 187,094 | |
| Non-PEO NEO [Member] | RSU | Fair Value of Current Year Equity Awards | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 336,583 | 241,802 | 93,667 | |
| Non-PEO NEO [Member] | RSU | Change in Value of Prior Years Awards Unvested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 141,210 | 63,522 | (19,012) | |
| Non-PEO NEO [Member] | RSU | Change in Value of Prior Years Awards That Vested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 53,335 | 13,785 | 2,005 | |
| Non-PEO NEO [Member] | RSU | Equity Value Included in CAP | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 531,127 | 319,110 | 76,660 | |
| PEO [Member] | Salary | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 446,250 | 425,000 | 425,000 | |
| PEO [Member] | Bonus and Non Equity Incentive Compensation | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 819,693 | 692,500 | 531,250 | |
| PEO [Member] | Other Compensation | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | [7] | 22,810 | 21,126 | 19,967 |
| PEO [Member] | Deductions from SCT Total | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | [8] | (1,583,514) | (1,233,700) | (1,338,750) |
| PEO [Member] | Additions to SCT Total | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | [9] | 5,251,575 | 1,489,361 | 658,478 |
| PEO [Member] | Fair Value of Current Year Equity Awards | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 2,877,627 | 1,705,929 | 1,066,458 | |
| PEO [Member] | Change in Value of Prior Years Awards Unvested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 2,202,812 | 183,233 | (411,492) | |
| PEO [Member] | Change in Value of Prior Years Awards That Vested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 71,611 | (399,801) | 3,512 | |
| PEO [Member] | Equity Value Included in CAP | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 5,152,049 | 1,489,362 | 658,478 | |
| PEO [Member] | PSU | Fair Value of Current Year Equity Awards | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 1,115,048 | 734,598 | 727,900 | |
| PEO [Member] | PSU | Change in Value of Prior Years Awards Unvested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 1,656,635 | (26,086) | (352,489) | |
| PEO [Member] | PSU | Change in Value of Prior Years Awards That Vested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | (121,531) | (443,751) | 0 | |
| PEO [Member] | PSU | Equity Value Included in CAP | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 2,650,153 | 264,760 | 375,412 | |
| PEO [Member] | RSU | Fair Value of Current Year Equity Awards | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 1,762,579 | 971,332 | 338,558 | |
| PEO [Member] | RSU | Change in Value of Prior Years Awards Unvested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 546,177 | 209,319 | (59,004) | |
| PEO [Member] | RSU | Change in Value of Prior Years Awards That Vested | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | 193,141 | 43,951 | 3,512 | |
| PEO [Member] | RSU | Equity Value Included in CAP | ||||
| Pay vs Performance Disclosure [Table] | ||||
| Adjustment to Compensation Amount | $ 2,501,896 | $ 1,224,601 | $ 283,066 | |
| [1]The Principle Executive Officer (“PEO”) in the reporting years is our CEO, Mr. Norton.[2]The non-PEO NEOs in 2023 were Mr. Trueblood, Mr. O’Halloran, Mr. Mote and Ms. Allan. The non-PEO NEOs in 2022 were Mr. Trueblood and Mr. O’Halloran. The non-PEO NEOs in 2021 were Mr. Trueblood, Mr. O’Halloran, and Mr. Mote.[3]The values disclosed in this column represent the value of a hypothetical investment of $100 in our stock made on December 31, 2020as of December 31, 2021, December 31, 2022 and December 31, 2023, based upon the Company’s TSR for the years then ended. As permitted by SEC rules, the peer group referenced for purposes of the TSR comparison is the group of companies that comprise a combination of the Oil & Gas Storage and Transportation and Marine GICS Sub-Industries Indexes and that the Company uses for benchmarking purposes in connection with long term incentive compensation for NEOs.[4]Reflects “all other compensation,” as reported in the SCT for the year shown.[5]Represents the grant date fair value of equity-based awards granted each year.[6]Reflects the fair value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. The equity component of CAP for fiscal years 2021, 2022 and 2023 is further detailed in the supplemental tables below.[7]Reflects “all other compensation,” as reported in the SCT for the year shown.[8]Represents the grant date fair value of equity-based awards granted each year.[9]Reflects the fair value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. The equity component of CAP for fiscal years 2021, 2022 and 2023 is further detailed in the supplemental tables below. | ||||