XML 43 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Long-term debt, current and non-current, textual (Details)
$ in Thousands
6 Months Ended
Jun. 22, 2021
USD ($)
May 21, 2021
USD ($)
May 20, 2021
Jul. 07, 2020
USD ($)
Mar. 30, 2015
USD ($)
Jun. 30, 2021
USD ($)
installment
item
Dec. 31, 2020
USD ($)
item
Debt Instrument [Line Items]              
Number Of Vessels Collateral For Debt | item           30 30
Debt Instrument, Payment Terms           The loan agreements are repayable in quarterly or semi-annual installments plus one balloon installment per loan agreement to be paid together with the last installment  
Debt issuance costs           $ 9,320 $ 2,742
Debt Instrument, Description of Variable Rate Basis           LIBOR plus margin  
Aggregate principal amount           $ 100,819  
Debt Instrument Collateral Amount           $ 615,327  
Compensating Balance, Description           Under the secured term loans outstanding as of June 30, 2021, 30 vessels of the Company’s fleet are mortgaged with first preferred or priority ship mortgages, having an aggregate carrying value of $615,327.  
Gain on extinguishment of Debt           $ (158)  
8.375% Senior Unsecured Bond              
Debt Instrument [Line Items]              
Debt Instrument, Issuance Date           Jun. 22, 2021  
Debt Instrument, Face Amount           $ 125,000  
Debt Instrument, Payment Terms           payable semi-annually in arrears in June and December of each year.  
Debt issuance costs           $ 2,080  
Aggregate principal amount           $ 21,000  
Debt Instrument, Covenant Description           The New Bond includes financial and other covenants. The Company will take all necessary actions to list the New Bond in the Oslo Stock Exchange.  
Debt Instrument, Interest Rate, Stated Percentage 9.50%         8.375%  
Debt Instrument, Call Feature           The New Bond is callable in whole or in parts in June 2024 at a price equal to 103.35% of nominal value; between June 2025 to December 2025 at a price equal to 101.675% of the nominal value and after December 2025 at a price equal to 100% of nominal value.  
8.375% Senior Unsecured Bond | In June 2024 [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Redemption Price, Percentage           103.35%  
8.375% Senior Unsecured Bond | Between 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           100.00%  
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, Covenant Description           The Bond includes financial and other covenants and is trading on the Oslo Stock Exchange under the ticker symbol “DIASH01”.  
Debt Instrument, Interest Rate, Stated Percentage           9.50%  
Bond repurchased $ 78,838            
Debt Instrument, Redemption Price, Percentage 106.25%            
Fees paid           $ 5,272  
Gain on extinguishment of Debt           57  
Nominal value of bond repurchased       $ 8,000      
Nominal value of bond refinanced $ 74,200            
Nominal value of bond held           $ 82,200  
Debt Instrument, Call Feature           The Bond is 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.  
Debt extinguishment, amount 800            
Debt refinanced, amount excluding extinguishment $ 73,400            
9.5% Senior Unsecured Bond | Additional Issuance of Bond on one or more occasions [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Face Amount           $ 25,000  
9.5% Senior Unsecured Bond | Officers And Directors [Member]              
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           100.00%  
Minimum [Member]              
Debt Instrument [Line Items]              
Loan Margin Percentage           2.15%  
Maximum [Member]              
Debt Instrument [Line Items]              
Loan Margin Percentage           2.50%  
ABN AMRO Bank N.V. [Member] | Secured Debt [Member]              
Debt Instrument [Line Items]              
Proceeds From Issuance Of Secured Debt   $ 91,000     $ 50,160    
Debt Instrument, Number of installments | installment           24  
Debt Instrument, Frequency of Periodic Payments           quarterly  
Debt Instrument, Periodic Payment, Principal           $ 994  
Debt Instrument, Balloon Payment           $ 26,310  
Debt Instrument, Maturity Date           May 20, 2026  
Debt issuance costs           $ 736  
Debt Instrument, Description of Variable Rate Basis     LIBOR     LIBOR  
Loan Margin Percentage           2.00%