XML 65 R51.htm IDEA: XBRL DOCUMENT v3.22.1
DEBT - 133 Million Credit Facility (Details) - Secured Debt
3 Months Ended
Mar. 31, 2021
USD ($)
Jun. 15, 2020
USD ($)
Jun. 11, 2020
USD ($)
Aug. 14, 2018
USD ($)
item
Mar. 31, 2021
USD ($)
Mar. 31, 2022
USD ($)
$133 Million Credit Facility            
Line of Credit Facility            
Maximum borrowing capacity           $ 133,000,000
Repayment of secured debt         $ 22,740,000  
$108 Million Credit Facility            
Line of Credit Facility            
Maximum borrowing capacity       $ 108,000,000    
Term of facilities       5 years    
Number of vessels committed to be acquired under purchase agreement | item       6    
Revolver            
Line of Credit Facility            
Maximum borrowing capacity     $ 25,000,000      
Drawdowns during the period   $ 24,000,000        
Minimum amounts of borrowings     1,000      
Consecutive quarterly commitment reductions     $ 1,900,000      
Threshold percentage of ratio of outstanding loan to aggregate appraised value of collateral vessels.     60.00%      
Repayment of secured debt $ 21,160,000          
Revolver | LIBOR            
Line of Credit Facility            
Applicable margin over reference rate     3.00%