Above market acquired charters

6 Months Ended

Jun. 30, 2017

Above market acquired charters [Abstract]

5. Above market acquired charters

For the six-month periods ended June 30, 2017 and 2016, revenues included a reduction of $7,744 and $7,060 as amortization of the above market acquired charters, respectively.

An analysis of above market acquired charters is as follows:


Above market acquired charters	Book value
Carrying amount as at January 1, 2017	$	90,243

Amortization	$	(7,744	)
Carrying amount as at June 30, 2017	$	82,499

As of June 30, 2017 the remaining carrying amount of unamortized above market acquired time charters was $82,499 and will be amortized in future years as follows:


For the twelve month period ended June 30,	Amount
2018	$	14,596
2019	$	14,381
2020	$	14,396
2021	$	8,746
2022	$	8,372
Thereafter	$	22,008
Total	$	82,499