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v3.21.1

SUBSEQUENT EVENTS (Details) |  |  |  |  | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
May 04, 2021 USD ($) $ / shares shares | Apr. 08, 2021 USD ($) | Jun. 05, 2020 | Jun. 04, 2020 | Mar. 31, 2021 USD ($) $ / shares | Mar. 31, 2020 $ / shares | Apr. 29, 2021 USD ($) | Apr. 20, 2021 USD ($) t | Dec. 31, 2020 USD ($)
Subsequent Events |  |  |  |  |  |  |  |  |
Dividends declared per share of common stock | $ / shares |  |  |  |  | $ 0.02 | $ 0.175 |  |  |
Restricted cash, current |  |  |  |  | $ 40,519,000 |  |  |  | $ 35,492,000
Secured Debt | $495 Million Credit Facility |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Restricted cash, current |  |  |  |  | $ 40,519,000 |  |  |  | $ 35,492,000
Period for which sales proceeds from vessels will remain as restricted cash |  |  |  |  | 360 days |  |  |  |
Collateral vessel replacement period |  |  | 360 days | 180 days | 360 days |  |  |  |
Subsequent Event |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Dividends declared per share of common stock | $ / shares | $ 0.05 |  |  |  |  |  |  |  |
Aggregate amount of dividend | $ 2,100,000 |  |  |  |  |  |  |  |
Subsequent Event | Baltic Leopard |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Sale of assets |  | $ 8,000,000 |  |  |  |  |  |  |
Broker commission (as a percent) |  | 2.00% |  |  |  |  |  |  |
Subsequent Event | Secured Debt | $495 Million Credit Facility | Baltic Leopard |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Restricted cash, current |  | $ 4,087,000 |  |  |  |  |  |  |
Period for which sales proceeds from vessels will remain as restricted cash |  | 360 days |  |  |  |  |  |  |
Collateral vessel replacement period |  | 360 days |  |  |  |  |  |  |
Subsequent Event | Agreement to Purchase Ultramax Drybulk Vessels |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Capacity of vessels | t |  |  |  |  |  |  |  | 64,000 |
Aggregate purchase price for vessels |  |  |  |  |  |  |  | $ 20,200,000 |
Escrow deposit |  |  |  |  |  |  | $ 4,040,000 |  |
Subsequent Event | Restricted Stock Units |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Granted (in shares) | shares | 18,428 |  |  |  |  |  |  |  |
Vesting percentage of awards | 33.33% |  |  |  |  |  |  |  |
Vesting period of awards | 3 years |  |  |  |  |  |  |  |

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