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v3.19.3.a.u2

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands |  |  | 6 Months Ended | 12 Months Ended |
--- | --- | --- | --- | --- | ---
Jan. 17, 2020 item | Dec. 21, 2018 item | Dec. 31, 2018 USD ($) item | Dec. 31, 2019 USD ($) item | Feb. 28, 2019 USD ($)
Purchase commitment |  |  |  |  |
Vessel assets |  |  | $ 1,344,870 | $ 1,273,861 |
Secured Debt | $495 Million Credit Facility |  |  |  |  |
Purchase commitment |  |  |  |  |
Maximum borrowing capacity |  |  | $ 495,000 | 495,000 | $ 495,000
Purchase Agreements for BWTS |  |  |  |  |
Purchase commitment |  |  |  |  |
Number of vessels to receive ballast water treatments systems | item |  |  | 42 |  |
Vessel assets |  |  | $ 1,804 | $ 12,783 |
Purchase Agreement of BWTS for Capesize Vessels |  |  |  |  |
Purchase commitment |  |  |  |  |
BWTS purchase price |  |  | 900 |  |
Purchase Agreement of BWTS for Supramax Vessels |  |  |  |  |
Purchase commitment |  |  |  |  |
BWTS purchase price |  |  | 600 |  |
Purchase Agreement of BWTS for Handysize Vessels |  |  |  |  |
Purchase commitment |  |  |  |  |
BWTS purchase price |  |  | 500 |  |
Scrubber Installation Agreements |  |  |  |  |
Purchase commitment |  |  |  |  |
Number of Capesize vessels to receive scrubber installations | item |  | 17 |  |  |
Number of completed scrubber installations | item | 1 |  |  | 16 |
Vessel assets |  |  | $ 428 | $ 41,270 |

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