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v3.19.1

Bank Debt (Tables) | 12 Months Ended
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Dec. 31, 2018
Debt Disclosure [Abstract] |
Schedule of Debt | Bank debt is comprised of the following secured borrowings:
|  |  |  |  |  | December 31,
Borrower |  | Commencement |  | Maturity |  | 2017 |  | 2018
Maxdekatria |  | February 2016 |  | July 2018 |  | $ | 9,167 |  |  | $ | — |
Glovertwo |  | February 2016 |  | July 2018 |  | 12,833 |  |  | — |
Shikokutessera |  | February 2016 |  | July 2018 |  | 14,667 |  |  | — |
Youngone |  | September 2015 |  | August 2018 |  | 22,733 |  |  | — |
Petra |  | June 2015 |  | December 2018 |  | 18,024 |  |  | — |
Pemer |  | June 2015 |  | December 2018 |  | 18,024 |  |  | — |
Maxtessera |  | July 2014 |  | November 2018 |  | 28,000 |  |  | — |
Shikokuokto |  | June 2015 |  | December 2018 |  | 15,018 |  |  | — |
Safe Bulkers |  | November 2018 |  | October 2021 |  | — |  |  | 30,000 |
Maxtessera |  | November 2018 |  | October 2022 |  | — |  |  | 26,000 |
Maxdeka |  | August 2011 |  | December 2022 |  | 17,044 |  |  | 13,635 |
Shikokupente |  | August 2018 |  | August 2023 |  | — |  |  | 14,930 |
Shikoku |  | October 2011 |  | August 2023 |  | 22,400 |  |  | 18,667 |
Shikokuennia |  | October 2018 |  | October 2023 |  | — |  |  | 17,730 |
Petra |  | November 2018 |  | November 2023 |  | — |  |  | 9,075 |
Pemer |  | November 2018 |  | November 2023 |  | — |  |  | 9,075 |
Maxeikosiepta |  | December 2018 |  | December 2023 |  | — |  |  | 5,000 |
Shikokuepta |  | February 2016 |  | February 2024 |  | 22,050 |  |  | 20,417 |
Maxdekatria |  | July 2018 |  | February 2024 |  | — |  |  | 11,750 |
Glovertwo |  | July 2018 |  | February 2024 |  | — |  |  | 13,420 |
Shikokutessera |  | July 2018 |  | February 2024 |  | — |  |  | 14,430 |
Pentakomo |  | July 2018 |  | February 2024 |  | — |  |  | 11,750 |
Maxeikositria |  | September 2017 |  | August 2024 |  | 12,968 |  |  | 11,930 |
Maxeikosi |  | September 2017 |  | August 2024 |  | 12,968 |  |  | 11,930 |
Maxpente |  | September 2017 |  | August 2024 |  | 20,000 |  |  | 17,400 |
Maxeikositessera |  | September 2017 |  | August 2024 |  | 13,650 |  |  | 12,090 |
Maxenteka |  | September 2017 |  | August 2024 |  | 15,925 |  |  | 14,332 |
Maxeikosiexi |  | September 2015 |  | September 2024 |  | 6,063 |  |  | 5,248 |
Marathassa |  | September 2015 |  | September 2024 |  | 6,545 |  |  | 5,690 |
Marinouki |  | September 2015 |  | September 2024 |  | 9,904 |  |  | 8,590 |
Kerasies |  | September 2015 |  | September 2024 |  | 6,918 |  |  | 6,014 |
Soffive |  | September 2015 |  | September 2024 |  | 10,757 |  |  | 9,305 |
Eptaprohi |  | September 2015 |  | September 2024 |  | 50,518 |  |  | 43,818 |
Safe Bulkers |  | November 2014 |  | September 2024 |  | 160,527 |  |  | 118,925 |
Pelea - Vasstwo |  | December 2018 |  | December 2024 |  | — |  |  | 20,075 |
Maxeikosiena |  | September 2015 |  | September 2025 |  | 21,271 |  |  | 20,314 |
Gloversix - Shikokuokto |  | December 2018 |  | December 2025 |  | — |  |  | 35,000 |
Youngtwo |  | January 2017 |  | January 2027 |  | 23,817 |  |  | 23,039 |
Total |  |  |  |  |  | 571,791 |  |  | 579,579 |
Current portion of Long-term debt |  |  |  |  |  | 26,583 |  |  | 37,431 |
Long-term debt |  |  |  |  |  | 545,208 |  |  | 542,148 |
Total debt |  |  |  |  |  | 571,791 |  |  | 579,579 |
Current portion of deferred financing costs |  |  |  |  |  | 995 |  |  | 1,246 |
Deferred financing costs non-current |  |  |  |  |  | 3,392 |  |  | 3,640 |
Total deferred financing costs |  |  |  |  |  | 4,387 |  |  | 4,886 |
Total debt |  |  |  |  |  | 571,791 |  |  | 579,579 |
Less: Total deferred financing costs |  |  |  |  |  | 4,387 |  |  | 4,886 |
Total debt, net of deferred financing costs |  |  |  |  |  | 567,404 |  |  | 574,693 |
Less: Current portion of long-term debt, net of current portion of deferred financing costs |  |  |  |  |  | 25,588 |  |  | 36,185 |
Long-term debt, net of deferred financing costs, non-current |  |  |  |  |  | 541,816 |  |  | 538,508 |
Schedule of Maturities of Long-term Debt | The estimated minimum annual principal payments required to be made after December 31, 2018, based on the loan and credit facility agreements as amended, are as follows:
To December 31, |
2019 | $ | 37,431 |
2020 | 62,864 |
2021 | 81,516 |
2022 | 83,118 |
2023 | 72,280 |
2024 and thereafter | 242,370 |
Total | $ | 579,579 |

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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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