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Annual report pursuant to Section 13 and 15(d)

Other Income, Net (Tables)

v3.24.0.1
Other Income, Net (Tables)
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Other Income, Net
Other income, net for the years ended December 31, 2023, 2022 and 2021 was as follows (in thousands):
Years Ended December 31,
2023 2022 2021
Other income, net:
Interest earned on cash and cash equivalents, net $ 28,630 $ 6,207 $ 78
Other employee pension costs 514 363 113
Miscellaneous other income (expense), net (1)
2,364 (22) 433
Total other income, net $ 31,508 $ 6,548 $ 624
(1)For the year ended December 31, 2023, miscellaneous other income (expense), net includes $1.4million of interest and damages resulting from an arbitration settlement with an operator. See Note 12, “Commitments” for further information regarding the arbitration.