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Bank Debt (Tables) | 12 Months Ended
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Dec. 31, 2016
Debt Disclosure |
Bank Debt Borrowings Schedule |
Bank debt is comprised of the following secured borrowings: |  |  |
|  |  |  |  |  | December 31,
Borrower |  | Commencement |  | Maturity |  | 2015 |  | 2016
Maxenteka |  | April 2012 |  | January 2016 |  | $ | 25,500 |  | $ | -
Maxeikositessera |  | September 2012 |  | January 2016 |  |  | 25,109 |  |  | -
Glovertwo |  | October 2013 |  | February 2016 |  |  | 13,666 |  |  | -
Gloverthree |  | December 2014 |  | February 2016 |  |  | 16,807 |  |  | -
Shikokutessera |  | December 2014 |  | February 2016 |  |  | 16,807 |  |  | -
Maxdekatria |  | March 2012 |  | February 2016 |  |  | 14,400 |  |  | -
Maxpente,Maxeikositessera,Maxenteka* |  | December 2015 |  | December 2018 |  |  | 7,000 |  |  | 5,260
Maxtessera* |  | July 2014 |  | June 2021 |  |  | 31,500 |  |  | 28,000
Maxeikosiexi* |  | September 2015 |  | September 2021 |  |  | 6,750 |  |  | 6,063
Marathassa* |  | September 2015 |  | September 2021 |  |  | 7,232 |  |  | 6,545
Marinouki* |  | September 2015 |  | September 2021 |  |  | 11,089 |  |  | 9,904
Kerasies* |  | September 2015 |  | September 2021 |  |  | 7,714 |  |  | 6,918
Soffive* |  | September 2015 |  | September 2021 |  |  | 12,054 |  |  | 10,757
Eptaprohi* |  | September 2015 |  | September 2021 |  |  | 56,412 |  |  | 50,518
Maxpente,Maxeikositessera,Maxenteka* |  | December 2015 |  | December 2021 |  |  | 75,337 |  |  | 69,632
Shikokuokto* |  | June 2015 |  | June 2022 |  |  | 15,018 |  |  | 15,018
Petra* |  | June 2015 |  | June 2022 |  |  | 18,370 |  |  | 18,254
Pemer* |  | June 2015 |  | June 2022 |  |  | 18,368 |  |  | 18,254
Glovertwo* |  | February 2016 |  | August 2022 |  |  | - |  |  | 12,833
Maxdekatria* |  | February 2016 |  | August 2022 |  |  | - |  |  | 9,167
Shikokutessera* |  | February 2016 |  | August 2022 |  |  | - |  |  | 14,667
SafeBulkers* |  | November 2014 |  | September 2022 |  |  | 145,527 |  |  | 145,527
Maxdeka* |  | August 2011 |  | December 2022 |  |  | 23,861 |  |  | 20,452
Shikoku* |  | October 2011 |  | August 2023 |  |  | 29,867 |  |  | 26,133
Shikokuepta |  | February 2016 |  | February 2024 |  |  | - |  |  | 23,683
Maxeikosiena |  | September 2015 |  | September 2025 |  |  | 23,008 |  |  | 22,178
Maxeikositria |  | September 2015 |  | September 2025 |  |  | 23,008 |  |  | 22,178
Youngone |  | September 2015 |  | September 2025 |  |  | 24,281 |  |  | 23,546
Maxeikosi |  | September 2015 |  | September 2025 |  |  | 23,008 |  |  | 22,178
Total |  |  |  |  |  | $ | 671,693 |  | $ | 587,665
Current portion of Long-term debt |  |  |  |  |  | $ | 80,134 |  | $ | 13,264
Liability directly associated with assets held for sale |  |  |  |  |  |  | 16,807 |  |  | -
Long-term debt |  |  |  |  |  |  | 574,752 |  |  | 574,401
Total debt |  |  |  |  |  | $ | 671,693 |  | $ | 587,665
Current portion of deferred financing costs |  |  |  |  |  | $ | 2,667 |  | $ | 1,087
Deferred financing costs directly associated with assets held for sale |  |  |  |  |  |  | 83 |  |  | -
Deferred financing costs non-current |  |  |  |  |  |  | 5,353 |  |  | 4,620
Total deferred financing costs |  |  |  |  |  | $ | 8,103 |  | $ | 5,707
Total debt |  |  |  |  |  |  | 671,693 |  |  | 587,665
Less: Total deferred financing costs |  |  |  |  |  |  | 8,103 |  |  | 5,707
Total debt, net of deferred financing costs |  |  |  |  |  | $ | 663,590 |  | $ | 581,958
Less: Liability directly associated with assets held for sale, net of deferred financing costs |  |  |  |  |  |  | 16,724 |  |  |
Less: Current portion of long-term debt, net of current portion of deferred financing costs |  |  |  |  |  |  | 77,467 |  |  | 12,177
Long-term debt, net of deferred financing costs, non-current |  |  |  |  |  | $ | 569,399 |  | $ | 569,781
Bank Debt Maturities Schedule |
To December 31, |  |
2017 | . |  | $ | 13,264
2018 | . |  |  | 25,101
2019 | . |  |  | 61,960
2020 | . |  |  | 67,878
2021 | . |  |  | 180,570
2022 | and thereafter |  |  | 238,892
Total | .. |  | $ | 587,665

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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