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Vessels, net (Tables)

12 Months Ended

Dec. 31, 2020

Vessels Net

Vessels, net (Table)

Vessels, net (Table)

	Vessel Cost	Accumulated depreciation	Net book value
Balance as at January 1, 2019	$    728,923	$(142,823)	$          586,100
Improvements	19,896	—	19,896
Depreciation for the year	—	(29,105)	(29,105)
Balance as at December 31, 2019	$       748,819	$(171,928)	$          576,891
Vessel acquisitions	162,600	—	162,600
Improvements	11,601	—	11,601
Depreciation for the year	—	(38,895)	(38,895)
Balance as at December 31, 2020	$       923,020	(210,823)	712,197

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- References

No definition available.

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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://fasb.org/us-gaap/role/ref/legacyRef
-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=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-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

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