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v3.22.2

Leases (Tables) | 6 Months Ended
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Jun. 30, 2022
Leases |
Schedule of outstanding principal balances on finance lease facility | ​
​ | ​ | ​ | ​ | ​
​ |  | As at
In thousands of U.S. Dollars |  | June 30, 2022 |  | December 31, 2021
Japanese Leases No.1 and 2 | ​ | — |  | 21,677
Japanese Lease No.3 | ​ | 9,237 |  | 10,747
CMBFL Leases No.1 to 4 | ​ | 61,615 |  | 65,187
Ocean Yield ASA | ​ | 47,638 | ​ | 50,320
Japanese Lease No.4 | ​ | 18,819 |  | 19,942
China Huarong Leases | ​ | 35,131 |  | 37,385
CMBFL / Shandong | ​ | 62,802 | ​ | 65,625
Finance lease obligations | ​ | 235,242 |  | 270,883
Amounts representing interest and deferred finance fees | ​ | (37,219) |  | (44,428)
Finance lease obligations, net of interest and deferred finance fees | ​ | 198,023 |  | 226,455
Current portion of finance lease obligations | ​ | 25,428 |  | 21,783
Current portion of deferred finance fees | ​ | (519) |  | (699)
Non-current portion of finance lease obligations | ​ | 175,091 |  | 207,592
Non-current portion of deferred finance fees | ​ | (1,977) |  | (2,221)
Total finance lease obligations, net of deferred finance fees | ​ | 198,023 |  | 226,455
Schedule of future minimum lease payments required under the finance lease facilities | Maturity analysis of the Company’s finance lease facilities for each year are as follows:
​ | ​ | ​
​ | ​ | As at
In thousands of U.S. Dollars | ​ | June 30, 2022
2022(1) |  | 21,720
2023 |  | 24,528
2024 |  | 23,887
2025 |  | 81,558
2026 |  | 12,550
2027 - 2030 |  | 70,999
Finance lease obligations |  | 235,242
Amounts representing interest and deferred finance fees |  | (37,219)
Finance lease obligations, net of interest and deferred finance fees |  | 198,023
​ (1) Six-month period ending December 31, 2022

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of the components of the investment in leveraged leases. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123392090&loc=d3e45424-112738 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123392319&loc=SL77920254-209983 + Details
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