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Fair Value of Financial Instrumets and Derivatives Instruments (Tables) | 12 Months Ended
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Dec. 31, 2016
Fair Value Financial Instruments And Derivative Insturments |
Fair value of derivatives not designed as hedging instruments |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |
|  |  |  | Asset Derivatives |  | Liability Derivatives
Fair Values | Fair Values
Type of Contract |  | Balance sheet location |  | December 31, |  | December 31, |  | December 31, |  | December 31,
2015 | 2016 | 2015 | 2016
Interest Rate |  | Derivative assets /Non-current assets |  | $ | 181 |  | $ | 88 |  | $ | — |  | $ | —
Interest Rate |  | Derivative liabilities / Current liabilities |  |  | — |  |  | — |  |  | 318 |  |  | 17
Interest Rate |  | Derivative liabilities / Non-current liabilities |  |  | — |  |  | — |  |  | 360 |  |  | 157
|  | Total Derivatives |  | $ | 181 |  | $ | 88 |  | $ | 678 |  | $ | 174
Gain or loss recognized on derivatives not designed as hedging instruments |
|  | Amount of Loss Recognized on Derivatives
|  | Year ended December 31,
|  | 2015 |  | 2016
Interest Rate Contracts |  | $ | (1,676) |  | $ | (620)
Net Loss Recognized |  | $ | (1,676) |  | $ | (620)
Location and amounts of fair value of derivatives not designed as hedging instruments |
|  | Significant Other Observable Inputs |  |
(Level 2) |
|  | December 31, |  |
|  | 2015 |  | 2016 |  |
Derivative instruments – asset position |  | $ | 181 |  | $ | 88 |  |
Derivative instruments – liability position |  |  | 678 |  |  | 174 |  |
Interest rate derivatives schedule |
|  |  |  |  |  |  |  | Notional amount
Loan or Credit |  | Inception |  | Expiry |  | Fixed |  | December 31, |  | December 31,
Facility (1) | Rate | 2015 | 2016
Pelea |  | December 15, 2011 |  | December 14, 2016 |  |  | 2.0500% |  |  | 28,122 |  |  | -
Maxdekatria |  | September 28, 2012 |  | September 28, 2017 |  |  | 0.9000% |  |  | 18,400 |  |  | 16,800
Marindou |  | January 14, 2013 |  | January 16, 2018 |  |  | 1.6000% |  |  | 24,321 |  |  | 21,215
Petra |  | January 18, 2013 |  | January 18, 2018 |  |  | 0.9800% |  |  | 14,000 |  |  | 14,000
Marinouki |  | March 05, 2013 |  | March 05, 2018 |  |  | 1.4800% |  |  | 20,789 |  |  | 19,035
Pemer |  | June 07, 2013 |  | March 07, 2018 |  |  | 0.9475% |  |  | 14,000 |  |  | 14,000
Avstes |  | July 18, 2013 |  | April 18, 2018 |  |  | 1.3500% |  |  | 14,000 |  |  | 14,000
Shikoku |  | August 28, 2013 |  | August 28, 2018 |  |  | 1.2500% |  |  | 14,933 |  |  | 13,067
Total |  |  |  |  |  |  |  |  | $ | 148,565 |  | $ | 112,117
Asset Measured at Fair value on a Non-recuring Basis |
|  | Significant Other Observable Inputs (Level 2) |  | Loss
|  |  | December 31, 2015 |  |  | December 31, 2015
M/V Stalo |  | $ | 10,000 |  | $ | 7,185
M/V Kypros Unity |  |  | 21,750 |  |  | 5,714
Total |  | $ | 31,750 |  | $ | 12,899

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- Definition Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, used to measure similar assets in prior periods (non-recurring basis) by class of asset or liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41641-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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