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Fixed Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Property Plant And Equipment [Abstract] |
Advances for vessels under construction - related party |
| Advances for vessels under construction - related party
Balance as at January 1, 2015 | $66,641
Additions | -
Transfer to vessels | (48,469 | )
Balance as at December 31, 2015 | $18,172
Additions | —
Transfer to vessels | (18,172 | )
Balance as at December 31, 2016 | $ -
Vessels, net |
|  | Vessel Cost |  | Accumulated depreciation |  | Net book value
Balance as at January 1, 2015 | $ | 1,396,735 | $ | (276,665) | $ | 1,120,070
Acquisitions and improvements |  | 208,523 |  | - |  | 208,523
Transfer from Advances for vessels under construction-related party |  | 48,469 |  | - |  | 48,469
Depreciation for the period |  | - |  | (61,577 | ) | (61,577 | )
Balance as at December 31, 2015 | $ | 1,653,727 | $ | (338,242) | $ | 1,315,485
Acquisitions and improvements |  | 103,790 |  | - |  | 103,790
Transfer from Advances for vessels under construction-related party |  | 18,172 |  | - |  | 18,172
Depreciation for the period |  | - |  | (69,716 | ) | (69,716 | )
Balance as at December 31, 2016 | $ | 1,775,689 | $ | (407,958) | $ | 1,367,731

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- Definition Tabular disclosure of advances for vessels under construction. + References No definition available. + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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