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Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Long-Term Debt - Bank Loans (Table)

 

 

      As of December 31, 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”)   101,087     110,827   Margin + Secured Overnight Financing Rate (“SOFR”)
(iii)  Issued in October 2022 maturing in October 2028 (the “2022 credit facility”)   99,680     105,000  

Margin + SOFR
(iv)  Issued in June 2023 maturing in June 2031 (the “2023 credit facility”)   96,875     —   Margin + SOFR
  Sale and lease back agreements              
(v)  Issued in January 2020 maturing in January 2025 (the “2020 CMBFL”)   26,500     29,700   Margin + SOFR
(vi)  Issued in January 2020 maturing in January 2025 (the “2020 CMBFL”)   26,500     29,700   Margin + SOFR
(vii)  Issued in May 2020 maturing in May 2027 (the “ICBCFL”)   38,332     41,996   Margin + SOFR
(viii)  Issued in January 2021 fully repaid in March 2023 (the “2021 CMBFL - Panamax”)   —     8,083   Margin +SOFR
(ix)  Issued in January 2021 fully repaid in March 2023 (the “2021 CMBFL - Panamax”)   —     8,083   Margin + SOFR
(x)  Issued in January 2021 fully repaid in March 2023 (the “2021 CMBFL - Panamax”)   —     8,083   Margin + SOFR
(xi)  Assumed in September 2021 maturing in October 2027 (the “2021 Bocomm”)   126,479     138,888   Margin + SOFR
(xii)  Assumed in September 2021 maturing in May 2028 (the “2021 Bocomm”)   120,232     132,217   Margin + SOFR
(xiii)  Assumed in November 2021 maturing in August 2028 (the “2021 CMBFL - LNG/C”)   130,873     139,183   Margin + SOFR
(xiv)  Assumed in November 2021 maturing in September 2028 (the “2021 CMBFL - LNG/C”)   129,829     138,072   Margin + SOFR
(xv)  Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”)   130,715     136,778  

Fixed rate
(xvi)  Issued in December 2022 maturing in January 2031 (the “2022 Jolco”)   104,284     —   ($71,884: Margin + SOFR, $32,400: Fixed rate)
(xvii)  Issued in February 2023 maturing in February 2033 (the “2023 CMBFL - LNG/C”)   177,438     —   Margin + SOFR
(xviii)  Assumed in December 2023 maturing in October 2033 (the “2023 CMBFL - LNG/C AMI”)   196,317     —   Margin + SOFR
  Unsecured Bonds              
(xix)  Issued in October 2021 maturing in October 2026 (the “2021 Bonds”)   165,984     159,966   Fixed rate
(xx)  Issued in July 2022 maturing in July 2029 (the “2022 Bonds”)   110,656     106,644   Fixed rate
  Total long-term debt   1,787,781     1,299,220    
  Less: Deferred loan and financing arrangements issuance costs   12,486     10,142    
  Total long-term debt, net   1,775,295     1,289,078    
  Less: Current portion of long-term debt   105,911     75,438    
  Add: Current portion of deferred loan and financing arrangements issuance costs   2,795     2,225    
  Long-term debt, net $ 1,672,179   $ 1,215,865    
Long-Term Debt - Required Annual Loan Payments (Table)

 

For the year ending December 31,   Amount
2024 $ 105,911
2025   145,175
2026   271,022
2027   262,921
2028   393,196
Thereafter   609,556
Total $ 1,787,781