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DEBT - $495 Million Credit Facility (Details) $ in Thousands |  |  |  |  |  |  |  |  |  | 1 Months Ended | 3 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Feb. 26, 2021 USD ($) | Feb. 18, 2021 USD ($) | Jun. 05, 2020 | Jun. 04, 2020 | Mar. 12, 2020 USD ($) | Sep. 23, 2019 USD ($) | Aug. 28, 2019 USD ($) | Feb. 28, 2019 USD ($) item | May 31, 2018 USD ($) item | Apr. 30, 2021 USD ($) | Mar. 31, 2021 USD ($) | Mar. 31, 2020 USD ($) | Dec. 17, 2020 item
Secured Debt | $495 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  |  |  |  | $ 495,000 |  |
Drawdowns during the period |  |  |  |  |  |  |  |  |  |  |  | $ 11,250 |
Collateral vessel replacement period |  |  | 360 days | 180 days |  |  |  |  |  |  | 360 days |  |
Remaining borrowing capacity |  |  |  |  |  |  |  |  |  |  | $ 0 |  |
Repayment of secured debt |  |  |  |  |  |  |  |  |  |  | 25,470 | $ 16,660 |
Secured Debt | $495 Million Credit Facility | Period After June 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of periodic payment |  |  |  |  |  |  |  |  |  | $ 12,400 |  |  |
Final payment amount |  |  |  |  |  |  |  |  |  | $ 189,605 |  |  |
Secured Debt | $495 Million Credit Facility | Genco Charger |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Vessel sale proceeds utilized as a loan repayment |  | $ 3,471 |  |  |  |  |  |  |  |  |  |  |
Secured Debt | $495 Million Credit Facility | Genco Thunder |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Vessel sale proceeds utilized as a loan repayment | $ 5,339 |  |  |  |  |  |  |  |  |  |  |  |
Secured Debt | $460 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  |  | $ 460,000 |  |  |  |
Term of facilities |  |  |  |  |  |  |  |  | 5 years |  |  |  |
Number of oldest vessels identified for sale for which debt will be paid down | item |  |  |  |  |  |  |  |  | 7 |  |  |  |
Secured Debt | $35,000 Scrubber Tranche |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  | $ 35,000 |  |  |  |  |
Drawdowns during the period |  |  |  |  | $ 11,250 | $ 12,200 | $ 9,300 |  |  |  | 32,750 |  |
Number of Capesize vessels for which the scrubber installation will be financed | item |  |  |  |  |  |  |  | 17 |  |  |  |  |
Amount of periodic payment |  |  |  |  |  |  |  |  |  |  | $ 2,339 |  |
Agreement To Exchange Vessels | Ultramax Vessels |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Number of vessels to be exchanged | item |  |  |  |  |  |  |  |  |  |  |  |  | 3
Agreement To Exchange Vessels | Handysize Vessels |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |
Number of vessels to be exchanged | item |  |  |  |  |  |  |  |  |  |  |  |  | 6

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- Definition The debt covenant period for replacement of new vessel having an equal or greater appraised value if in compliance with collateral maintenance test. + References No definition available. + Details
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- Definition Amount of vessel sale proceeds utilized as a loan repayment due to replacement vessel was not added as collateral with period stipulated under credit facility. + References No definition available. + Details
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- Definition Number of Capesize vessels for which the scrubber installation will be financed. + References No definition available. + Details
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- Definition Period remaining on line of credit facility before it terminates, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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