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Condensed Financial Information of DHT Holdings, Inc. (parent company only) (Tables)
 12 Months Ended
Dec. 31, 2019
Condensed Financial Information of DHT Holdings, Inc. (parent company only) [Abstract]  
Financial Position
FINANCIAL POSITION
 
(Dollars in thousands)
 
ASSETS
 
December 31,
  
December 31,
 
Current assets
 
2019
  
2018
 
Cash and cash equivalents
 
$
22,492
  
$
17,783
 
Accounts receivable and prepaid expenses
  
874
   
374
 
Amounts due from related parties
  
62,822
   
36,216
 
Total current assets
 
$
86,188
  
$
54,372
 
         
Investments in subsidiaries
 
$
468,817
  
$
468,941
 
Loan to subsidiaries
  
526,574
   
563,349
 
Investment in associate company
  
201
   
201
 
Total non-current assets
 
$
995,593
  
$
1,032,491
 
         
Total assets
 
$
1,081,780
  
$
1,086,864
 
         
LIABILITIES AND STOCKHOLDERS’ EQUITY
        
Current liabilities
        
Accounts payable and accrued expenses
 
$
2,416
  
$
3,733
 
Current portion long term debt
  
-
   
32,009
 
Total current liabilities
 
$
2,416
  
$
35,742
 
         
Non-current liabilities
        
Long term debt
  
116,568
   
111,968
 
Total non-current liabilities
 
$
116,568
  
$
111,968
 
         
Total liabilities
 
$
118,984
  
$
147,710
 
         
Stockholders’ equity
        
Stock
 
$
1,468
  
$
1,427
 
Treasury shares
  
-
   
(1,364
)
Paid-in additional capital
  
1,121,047
   
1,097,099
 
Accumulated deficit
  
(159,719
)
  
(158,009
)
Total stockholders equity
 
$
962,796
  
$
939,154
 
         
Total liabilities and stockholders’ equity
 
$
1,081,780
  
$
1,086,864
 
Income Statement
INCOME STATEMENT
 
(Dollars in thousands)
 
Jan. 1 - Dec. 31,
2019
  
Jan. 1 - Dec. 31,
2018
  
Jan. 1 - Dec. 31,
2017
 
          
Impairment charge
 
$
455
  
$
(93,452
)
 
$
(4,948
)
Dividend income
  
25,519
   
9,909
   
25,415
 
General and administrative expense
  
(14,782
)
  
(13,735
)
  
(13,764
)
Operating income/(loss)
 
$
11,192
  
$
(97,279
)
 
$
6,703
 
             
Interest income
 
$
27,943
  
$
24,893
  
$
21,798
 
Interest expense
  
(12,177
)
  
(10,341
)
  
(9,229
)
Other financial income/(expenses)
  
17
   
(3,416
)
  
1,020
 
Profit/(loss) for the year
 
$
26,975
  
$
(86,143
)
 
$
20,293
 
Statement of Comprehensive Income
Statement of Comprehensive Income
 
(Dollars in thousands)
 
Jan. 1 - Dec. 31,
2019
  
Jan. 1 - Dec. 31,
2018
  
Jan. 1 - Dec. 31,
2017
 
Profit/(loss) for the year
 
$
26,975
  
$
(86,143
)
 
$
20,293
 
Total comprehensive income/(loss) for the period
 
$
26,975
  
$
(86,143
)
 
$
20,293
 
             
Attributable to the owners
 
$
26,975
  
$
(86,143
)
 
$
20,293
 
Cash Flow
CASH FLOW
 
(Dollars in thousands)
 
Jan. 1 - Dec. 31,
2019
  
Jan. 1 - Dec. 31,
2018
  
Jan. 1 - Dec. 31,
2017
 
          
Cash Flows from Operating Activities:
         
Profit/(loss) for the year
 
$
26,975
  
$
(86,143
)
 
$
20,293
 
Items included in net income not affecting cash flows:
            
Amortization
  
5,459
   
4,733
   
4,170
 
Impairment charge
  
(455
)
  
93,452
   
4,948
 
Compensation related to options and restricted stock
  
693
   
663
   
4,948
 
(Gain)/loss purchase convertible bond
  
-
   
3,589
   
(1,035
)
Changes in operating assets and liabilities:
            
Accounts receivable and prepaid expenses
  
(500
)
  
(125
)
  
4,305
 
Accounts payable and accrued expenses
  
(1,317
)
  
2,279
   
(291
)
Amounts due to related parties
  
(63,280
)
  
(72,365
)
  
11,782
 
Net cash provided by/(used in) operating activities
 
$
(32,425
)
 
$
(53,917
)
 
$
49,119
 
             
Cash flows from Investing Activities
            
Loan to subsidiaries
 
$
75,500
  
$
58,990
  
$
82,814
 
Investment in vessels under construction
  
-
   
(21,263
)
  
(86,004
)
Net cash provided by/(used in) investing activities
 
$
75,500
  
$
37,727
  
$
(3,191
)
             
Cash flows from Financing Activities
            
Cash dividends paid
  
(28,685
)
  
(11,487
)
  
(23,328
)
Purchase of treasury shares
  
(3,248
)
  
(5,026
)
  
-
 
Issuance of convertible bonds
  
(7
)
  
38,945
   
-
 
Repayment of convertible bonds
  
(6,426
)
  
-
   
-
 
Purchase of convertible bonds
  
-
   
-
   
(17,104
)
Net cash (used in)/provided by financing activities
 
$
(38,366
)
 
$
22,432
  
$
(40,431
)
             
Net increase/(decrease) in cash and cash equivalents
 
$
4,709
  
$
6,242
  
$
5,497
 
Cash and cash equivalents at beginning of period
  
17,783
   
11,540
   
6,043
 
Cash and cash equivalents at end of period
 
$
22,492
  
$
17,783
  
$
11,540
 
Profit/(Loss) Reconciliation
Profit/(Loss) Reconciliation
 
(Dollars in thousands)
 
Jan. 1 - Dec. 31,
2019
  
Jan. 1 - Dec. 31,
2018
  
Jan. 1 - Dec. 31,
2017
 
          
Profit/(loss) of the parent company only under cost method of accounting
 
$
26,975
  
$
(86,143
)
 
$
20,293
 
Additional profit/(loss) if subsidiaries had been accounted for using equity method of accounting as opposed to cost method of accounting
  
46,969
   
39,014
   
(13,664
)
Profit/(loss) of the parent company only under equity method of accounting
 
$
73,944
  
$
(47,128
)
 
$
6,628
 
Equity Reconciliation
Equity Reconciliation
 
(Dollars in thousands)
 
December 31,
2019
  
December 31,
2018
 
       
Equity of the parent company only under cost method of accounting
 
$
962,796
  
$
939,154
 
Additional profit if subsidiaries had been accounted for using equity method of accounting as opposed to cost method of accounting
  
69,731
   
22,762
 
Equity of the parent company only under equity method of accounting
 
$
1,032,527
  
$
961,915