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Condensed Financial Information of DHT Holdings, Inc. (parent company only) (Tables)
 12 Months Ended
Dec. 31, 2021
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
  
2021
    
2020
  
Cash and cash equivalents
  
$
15,539
    
$
5,310
  
Accounts receivable and prepaid expenses
    
74
      
1,679
  
Amounts due from related parties
    
90,190
      
84,725
  
Total current assets
  
$
105,803
    
$
91,713
  
                 
Investments in subsidiaries
  
$
392,489
    
$
434,172
  
Loan to subsidiaries
    
338,051
      
324,420
  
Investment in associate company
    
201
      
201
  
Total non-current assets
  
$
730,741
    
$
758,793
  
                 
Total assets
  
$
836,545
    
$
850,506
  
                 
LIABILITIES AND STOCKHOLDERS’ EQUITY
                
Current liabilities
                
Accounts payable and accrued expenses
  
$
447
    
$
170
  
Total current liabilities
  
$
447
    
$
170
  
                 
Stockholders’ equity
                
Stock
  
$
1,661
    
$
1,708
  
Paid-in additional capital
    
1,217,244
      
1,245,449
  
Accumulated deficit
    
(382,808
)
    
(396,820
)
Total stockholders’ equity
  
$
836,097
    
$
850,336
  
                 
Total liabilities and stockholders’ equity
  
$
836,545
    
$
850,506
  
Income Statement
INCOME STATEMENT
 
(Dollars in thousands)
 		  
Jan. 1 - Dec. 31,
2021
    
Jan. 1 - Dec. 31,
2020
    
Jan. 1 - Dec. 31,
2019
  
Revenues
   $ 980     $ -     $ -  
Impairment charge
    
(35,149
)
    
(35,278
)
    
455
  
Dividend income
    
70,746
      
17,081
      
25,519
  
General and administrative expense
    
(17,742
)
    
(19,148
)
    
(14,782
)
Operating income/(loss)
  
$
18,835
    
$
(37,345
)
  
$
11,192
  
                         
Interest income
  
$
17,233
    
$
21,434
    
$
27,943
  
Interest expense
    
-
      
(6,766
)
    
(12,177
)
Other financial income
    
26
      
245
      
17
  
Profit/(loss) for the year
  
$
36,095
    
$
(22,433
)
  
$
26,975
  
Statement of Comprehensive Income
Statement of Comprehensive Income

(Dollars in thousands)
 		  
Jan. 1 - Dec. 31,
2021
    
Jan. 1 - Dec. 31,
2020
    
Jan. 1 - Dec. 31,
2019
  
Profit/(loss) for the year
  
$
36,095
    
$
(22,433
)
  
$
26,975
  
Total comprehensive income/(loss) for the period
  
$
36,095
    
$
(22,433
)
  
$
26,975
  
Attributable to the owners
  
$
36,095
    
$
(22,433
)
  
$
26,975
  
Cash Flow
CASH FLOW

(Dollars in thousands)
 		  
Jan. 1 - Dec. 31,
2021
    
Jan. 1 - Dec. 31,
2020
    
Jan. 1 - Dec. 31,
2019
  
                   
Cash Flows from Operating Activities:
                  
Profit/(loss) for the year
  
$
36,095
    
$
(22,433
)
  
$
26,975
  
Items included in net income not affecting cash flows:
                        
Amortization
    
-
      
3,250
      
5,459
  
Impairment charge
    
35,149
      
35,278
      
(455
)
Compensation related to options and restricted stock
    
3,203
      
4,204
      
693
  
Changes in operating assets and liabilities:
                        
Accounts receivable and prepaid expenses
    
1,604
      
(805
)
    
(500
)
Accounts payable and accrued expenses
    
277
      
(2,246
)
    
(1,317
)
Amounts due to related parties
    
(6,834
)
    
(43,313
)
    
(63,280
)
Net cash provided by/(used in) operating activities
  
$
69,494
    
$
(26,063
)
  
$
(32,425
)
                         
Cash flows from Investing Activities
                        
Loan to subsidiaries
  
$
(5,004
)
  
$
223,550
    
$
75,500
  
Net cash (used in)/provided by investing activities  
$
(5,004
)
  
$
223,550
    
$
75,500
  
                         
Cash flows from Financing Activities
                        
Cash dividends paid
  
$
(22,083
)
  
$
(214,669
)
  
$
(28,685
)
Purchase of treasury shares
    
(32,178
)
    
-
      
(3,248
)
Issuance of convertible bonds
    
-
      
-
      
(7
)
Repayment of convertible bonds
    
-
      
-
      
(6,426
)
Net cash used in financing activities  
$
(54,261
)
  
$
(214,669
)
  
$
(38,366
)
                         
Net increase/(decrease) in cash and cash equivalents  
$
10,229
    
$
(17,182
)
  
$
4,709
  
Cash and cash equivalents at beginning of period
    
5,310
      
22,492
      
17,783
  
Cash and cash equivalents at end of period
  
$
15,539
    
$
5,310
    
$
22,492
  
Profit/(Loss) Reconciliation
Profit/(Loss) Reconciliation
 
 
(Dollars in thousands)
  
Jan. 1 - Dec. 31,
2021
    
Jan. 1 - Dec. 31,
2020
    
Jan. 1 - Dec. 31,
2019
  
                   
Profit/(loss) of the parent company only under cost method of accounting
  
$
36,095
    
$
(22,433
)
  
$
26,975
  
Additional profit/(loss) if subsidiaries had been accounted for using equity method of accounting as opposed to cost method of accounting
    
(47,776
)
    
288,653
      
46,969
  
Profit/(loss) of the parent company only under equity method of accounting
  
$
(11,681
)
  
$
266,221
    
$
73,944
  
Equity Reconciliation
Equity Reconciliation

 
(Dollars in thousands)
  
December 31,
2021
    
December 31,
2020
    
December 31,
2019
  
                   
Equity of the parent company only under cost method of accounting
  
$
836,097
    
$
850,336
     $ 962,796  
Additional profit if subsidiaries had been accounted for using equity method of accounting as opposed to cost method of accounting
    
310,608
      
358,384
       69,731  
Equity of the parent company only under equity method of accounting
  
$
1,146,706
    
$
1,208,720
     $ 1,032,527