Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 324

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 324
---
,519
$
$
4,519
Long-lived assets held for use(2)
7,809
7,809
Total

non-recurring fair value measurements
$
12,328
$
7,809
$
4,519
Liabilities
Recurring fair value measurements
Warrant liability
$
6,332
$
6,332
$
Interest rate swap, liability
568
568
Total

recurring fair value measurements
$
6,900
$
6,332
$
568
December 31,
2024
Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs (Level 2)
Significant
Other
Observable
Inputs (Level 3)
Assets
Recurring fair value measurements
Investments in related party
$
4,415
$
4,235
$
-
$
180
Total

recurring fair value measurements
$
4,415
$
4,235
$
-
$
180
Liabilities
Recurring fair value measurements
Warrant liability
$
1,802
$
1,802
$
-
Interest rate swap, liability
165
165
Total

recurring fair value measurements
$
1,967
$
1,802
$
165

(1)

On

April 28,

2023, the

Company

estimated that

the

fair

value of

its
25
%

interest in

Bergen was
$
4,519,

determined

through

the

Level

2

inputs

of

the

fair

value

hierarchy,

as

defined

in

FASB
guidance for Fair

Value Measurements, and recorded a

gain of $
844, being the difference

between
the fair value

of the retained noncontrolling

interest plus the carrying

value the liabilities assumed
by Bergen and the carrying value of the assets derecognized

(Note 3(e)).
(2)
On January

30, 2023.

the Company

took delivery

of one

vessel under

its master

agreement with
Sea Trade, acquired for

$
23,955
which was paid

in cash and

$
7,809
which was paid

through newly
issued

common

stock

(Note

6).

The

fair

value

of

the

common

shares

issued

to

Sea

Trade

was
determined based

on the

closing price

of the

Company