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Unearned Revenue / Accrued Revenue | 12 Months Ended
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Dec. 31, 2019
Deferred Received In Advance And Unearned Revenue |
Unearned Revenue/Accrued Revenue | Unearned Revenue /Accrued Revenue Unearned Revenue represents cash received in advance of it being earned, whereas Accrued Revenue represents revenue earned prior to cash being received. Revenue is recognized as earned on a straight-line basis at their average rates when charter agreements provide for varying annual charter rates over their term. Total Unearned Revenue/Accrued Revenue during the periods presented is as follows:
|  | December 31,
|  | 2018 |  | 2019
Unearned Revenue |  |  |  |  |  |
Cash received in advance of service provided – Current liability |  | $ | 4,925 |  |  | $ | 1,826 |
Deferred revenue resulting from varying charter rates – Current liability |  | 484 |  |  | 1,214 |
Deferred revenue resulting from varying charter rates – Non-Current liability |  | 253 |  |  | 648 |
Total Unearned Revenue |  | $ | 5,662 |  |  | $ | 3,688 |
Accrued Revenue |  |  |  |
Resulting from varying charter rates – Current asset |  | 475 |  |  | 158 |
Resulting from varying charter rates – Non-Current asset |  | 614 |  |  | 455 |
Total Accrued Revenue |  | $ | 1,089 |  |  | $ | 613 |

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- Definition The entire disclosure for uneard revenue and accrued revenue recognized by the company during the period. + References No definition available. + Details
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