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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

3 Months Ended

Mar. 31, 2022

ACCOUNTS PAYABLE AND ACCRUED EXPENSES.

Schedule of accounts payable and accrued expenses

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​	​	​	​	​	​	​	​
​		March 31,			December 31,		​
​		2022			2021
Accounts payable	​	$	12,835	​	$	9,399	​
Accrued general and administrative expenses	​		1,608	​		4,719	​
Accrued vessel operating expenses	​		11,357	​		15,838	​
Total accounts payable and accrued expenses	​	$	25,800	​	$	29,956	​

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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