XML 49 R40.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Basis of Presentation and General Information (Details Narrative)
 6 Months Ended
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
Date of incorporation December 13, 2006  
Number of vessels owned 156  
Vessels and vessel improvements $ 1,157,000,000  
Vessels held for sale 29,254,000  
Inventories 25,783,000  
Advances for BWTS and other assets 1,252,000  
Excess of net asset value acquired over consideration transferred 140,213,000  
Payments to Acquire Property, Plant, and Equipment $ 35,485,000 $ 8,764,000
Eagle Merger Agreement [Member]    
Date of acquisition agreement Dec. 11, 2023  
Common Shares - Par Value | $ / shares $ 0.01  
Conversion features 2.6211 shares, par value $0.01 per share, of Star Bulk common stock  
Effective date of asset acquisition Apr. 09, 2024  
Asset Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares 28,082,319  
Common Stock, Shares, Issued | shares 112,469,211  
Exchanged stock issued | shares 1,341,584  
Eagle loaned shares | shares 511,840  
Exchanged stock cancelled | shares 1,341,584  
Stock Issued During Period, Shares, Conversion of Convertible Securities | shares 5,971,284  
Total value of vessels acquired $ 1,213,289  
Vessels and vessel improvements 1,157,000,000  
Vessels held for sale 29,254,000  
Inventories 25,783,000  
Advances for BWTS and other assets 1,252,000  
Vessels Adjusted down amount 129,664,000  
Excess of net asset value acquired over consideration transferred 140,213,000  
Asset Acquisition, Consideration Transferred, Transaction Cost 10,549,000  
Payments to Acquire Property, Plant, and Equipment 7,854,000  
Fair value of convertible notes 138,680,000  
Excess fair value of convertible note 69,311,000  
Principal amount $ 69,369,000  
Eagle Merger Agreement [Member] | Pre Merger Star Bulk Shareholders [Member]    
Percentage of voting interest following asset acquisition 75.00%  
Eagle Merger Agreement [Member] | Former Eagle Shareholders [Member]    
Percentage of voting interest following asset acquisition 25.00%  
Combined carrying capacity [Member]    
Vessel capacity DWT 15,000,000  
Average age 11.7  
Five Kamsarmax newbuilding vessels [Member]    
Vessel capacity DWT 82,000  
Expected Delivery Date September 2025 and August 2026  
Four Kamsarmax Newbuilding Vessels [Member]    
Delivery Date June 30, 2024  
Remaining Two Kamsarmax Newbuilding Vessels I [Member]    
Expected Delivery Date fourth quarter of 2024  
Minimum [Member]    
Vessel capacity DWT 53,489  
Maximum [Member]    
Vessel capacity DWT 209,537