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Fair value measurements and Hedging (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Fair value measurements and Hedging - Derivative instruments effect on statement of operations (Table)

Fair value measurements and Hedging - Derivative instruments effect on statement of operations (Table) 

         
  Six months ended June 30,
    2021   2022
Consolidated Statement of Operations        
         
Interest and finance costs        
Reclassification adjustments of interest rate swap loss/(gain) transferred to Interest and finance costs from Other comprehensive income/(loss) (Note 7) (998)                   633
Total Gain/(loss) recognized  $               (998)  $                  633
         
Gain/(loss) on forward freight agreements and bunker swaps, net        
Realized gain/(loss) on forward freight agreements and freight options               (39)                     1,023
Realized gain/(loss) on bunker swaps               58                        (4,085)
Unrealized gain/(loss) on forward freight agreements and freight options                  (1,560)                     (1,169)
Unrealized gain/(loss) on bunker swaps                 4                      292
Total Gain/(loss) recognized $             (1,537)                   (3,939)

Fair Value Measurements and Hedging - Fair value on a recurring basis - Significant Other Observable Inputs (Table)

 

               
    Significant Other Observable Inputs (Level 2)
    December 31, 2021 June 30, 2022
  Balance Sheet Location (not designated as cash flow hedges)   (designated as cash flow hedges) (not designated as cash flow hedges)   (designated as cash flow hedges)
ASSETS              
Forward freight agreements - current Derivatives, current asset portion  $ 1,440 $                            -    $                 - $                            -
Bunker swaps - current Derivatives, current asset portion  7                               -                 419                            -
Forward freight agreements - non-current Derivatives, non-current asset portion    150                               -                     -                              -
Total    $  1,597 $                            -    $              419 $                          -
LIABILITIES              
Bunker swaps - current Derivatives, current asset portion $  300  $                            -    $                 - $                            -
Total    $  300 $                            -     $                 - $                            -

 

                   
      Significant Other Observable Inputs (Level 2)
      December 31, 2021   June 30, 2022
  Balance Sheet Location   (not designated as cash flow hedges)   (designated as cash flow hedges)   (not designated as cash flow hedges)   (designated as cash flow hedges)
ASSETS                  
Interest rate swaps - current Derivatives, current asset portion $   - $                            549 $          -  $                         17,450
Interest rate swaps - non-current Derivatives, non-current asset portion      -                              6,763            -                         12,383
Total    $     -  $          7,312 $          -  $                      29,833
LIABILITIES                  
Interest rate swaps - current Derivatives, current liability portion $     -  $                       443 $          -  $                         -
Total    $     - $                       443 $           -   $                         -