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v3.21.2

Debt - Outstanding Principal Balances (Details) - USD ($) | Sep. 30, 2021 | Dec. 31, 2020
--- | --- | ---
Total debt | $ 153,629,272 | $ 213,883,887
Deferred finance fees | (2,081,965) | (3,372,923)
Net total debt | 151,547,307 | 210,510,964
Current portion of deferred finance fees | (711,305) | (630,553)
Total current portion of long-term debt | 15,076,992 | 22,456,396
Non-current portion of long-term debt | 136,470,315 | 188,054,568
Loans Payable [Member] |  |
Current portion of long-term debt | 15,834,489 | 23,506,236
Current portion of deferred finance fees | (757,497) | (1,049,840)
Total current portion of long-term debt | 15,076,992 | 22,456,396
Non-current portion of long-term debt | 136,470,315 | 188,054,568
NIBC Bank Facility [Member] |  |
Total debt | 0 | 4,625,000
Nordea SEB Joint Bank Facility [Member] |  |
Total debt | 58,711,533 | 88,503,292
Nordea SEB Revolving Facility [Member] |  |
Total debt | 28,878,310 | 39,237,241
ABN CACIB Joint Bank Facility [Member] |  |
Total debt | 52,785,708 | 57,124,104
ABN AMRO Revolving Facility |  |
Total debt | 4,453,721 | 14,394,250
IYO Bank Facility |  |
Total debt | $ 8,800,000 | $ 10,000,000

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