XML 20 R11.htm IDEA: XBRL DOCUMENT
v3.21.2

Transactions with Related Parties | 6 Months Ended
--- | ---
Jun. 30, 2021
Related Party Transactions [Abstract] |
Transactions with Related Parties | 3. Transactions with Related Parties: Except for what is described below, details of the Company’s transactions with related parties did not change in the six-month period ended June 30, 2021 and are discussed in Note 3 of the Company’s consolidated financial statements for the year ended December 31, 2020, included in the 2020 Annual Report. During the six month period ended June 30, 2021 the Company acquired bunkers from Hartree Partners, LP, an entity controlled by Oaktree Capital Management LP, the Company’s largest shareholder. Transactions and balances with related parties are analyzed as follows: Transactions with Related Parties - Balance Sheets (Table) Balance Sheets
|  |  | December 31, 2020 |  |  | June 30, 2021
Due from related parties |  |  |  |  |  |
Oceanbulk Maritime and its affiliates |  | $ | 426 |  | $ | 334
Interchart |  |  | 3 |  |  | 3
AOM |  |  | - |  |  | 74
Starocean |  |  | 34 |  |  | 34
Coromel Maritime Limited |  |  | 1 |  |  | -
Product Shipping & Trading S.A. |  |  | 17 |  |  | 21
Due from related parties |  | $ | 481 |  | $ | 466
Due to related parties |  |  |  |  |  |
Management and Directors Fees |  | $ | 252 |  | $ | 91
Hartree Marine Fuels LLC |  |  | - |  |  | 931
Augustea Technoservices Ltd. and affiliates |  |  | 1,187 |  |  | 2,149
Due to related parties |  | $ | 1,439 |  | $ | 3,171
Statements of Operations Transactions with Related Parties - Statements of Operations (Table)
|  | Six months ended June 30,
|  |  | 2020 |  |  | 2021
Voyage expenses: |  |  |  |  |  |
Voyage expenses-Interchart |  |  | (1,890) |  |  | (1,890)
Voyage expenses- Augustea Technoservices Ltd. and affiliates |  |  | - |  |  | (165)
Voyage expenses - Hartree Marine Fuels LLC |  |  | - |  |  | (4,576)
General and administrative expenses: |  |  |  |  |  |
Consultancy fees |  |  | (327) |  |  | (267)
Directors compensation |  |  | (87) |  |  | (91)
Office rent - Combine Marine Ltd. & Alma Properties |  |  | (19) |  |  | (21)
General and administrative expenses - Oceanbulk Maritime and its affiliates |  |  | (143) |  |  | (101)
Management fees: |  |  |  |  |  |
Management fees- Augustea Technoservices Ltd. and affiliates |  |  | (3,276) |  |  | (3,258)
Charter-in hire expenses: |  |  |  |  |  |
Charter - in hire expenses - AOM |  |  | (1,654) |  |  | (4,054)
Charter - in hire expenses - Sydelle |  |  | (540) |  |  | -
Charter - in hire expenses - Coromel |  |  | (249) |  |  | -

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration