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Long-term debt, net (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Long-term debt, net - Bank Loans (Table)

			As of June 30, 2023		As of December 31, 2022	Rate of interest
	*Credit facilities*
(i)	Issued in January 2021 maturing in February 2026 (the “CMTC Seller’s Credit”)	$	6,000	$	6,000	Fixed rate
(ii)	Assumed in December 2021 maturing in December 2027 (the “2021 credit facility”)		105,957		110,827	Margin + Secured Overnight Financing Rate (“SOFR”)
(iii)	Issued in October 2022 maturing in October 2028 (the “2022 credit facility”)		102,340		105,000	Margin + SOFR
(iv)	Issued in June 2023 maturing in June 2031 (the “2023 credit facility”)		100,000		–	Margin + SOFR
	*Sale and lease back agreements*
(v)	Issued in January 2020 maturing in January 2025 (the “2020 CMBFL”)		28,100		29,700	Margin + Libor
(vi)	Issued in January 2020 maturing in January 2025 (the “2020 CMBFL”)		28,100		29,700	Margin + Libor
(vii)	Issued in May 2020 maturing in May 2027 (the “ICBCFL”)		40,164		41,996	Margin + Libor
(viii)	Issued in January 2021 fully repaid in March 2023 (the “2021 CMBFL - Panamax”)		–		8,083	Margin + Libor
(ix)	Issued in January 2021 fully repaid in March 2023 (the “2021 CMBFL - Panamax”)		–		8,083	Margin + Libor
(x)	Issued in January 2021 fully repaid in March 2023 (the “2021 CMBFL - Panamax”)		–		8,083	Margin + Libor
(xi)	Assumed in September 2021 maturing in October 2027 (the “2021 Bocomm”)		132,684		138,888	Margin + Libor
(xii)	Assumed in September 2021 maturing in May 2028 (the “2021 Bocomm”)		125,953		132,217	Margin + Libor
(xiii)	Assumed in November 2021 maturing in August 2028 (the “2021 CMBFL - LNG/C”)		135,028		139,183	Margin + Libor
(xiv)	Assumed in November 2021 maturing in September 2028 (the “2021 CMBFL - LNG/C”)		133,950		138,072	Margin + Libor
(xv)	Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”)		133,823		136,778	Fixed rate
(xvi)	Issued in December 2022 maturing in January 2031 (the “2022 Jolco”)		106,212		–	($73,812: Margin + SOFR, $32,400: Fixed rate)
(xvii)	Issued in February 2023 maturing in February 2033 (the “2023 CMBFL - LNG/C”)		181,812		–	Margin + SOFR
	*Unsecured Bonds*
(xviii)	Issued in October 2021 maturing in October 2026 (the “2021 Bonds”)		162,955		159,966	Fixed rate
(xix)	Issued in July 2022 maturing in July 2029 (the “2022 Bonds”)		108,637		106,644	Fixed rate
	Total long-term debt		1,631,715		1,299,220
	Less: Deferred loan and financing arrangements issuance costs		12,293		10,142
	Total long-term debt, net		1,619,422		1,289,078
	Less: Current portion of long-term debt		87,804		75,438
	Add: Current portion of deferred loan and financing arrangements issuance costs		2,576		2,225
	Long-term debt, net	$	1,534,194	$	1,215,865