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Note 8 - Long-term Bank Loans (Details Textual)
1 Months Ended 7 Months Ended 12 Months Ended
Nov. 08, 2019
USD ($)
Nov. 01, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jul. 30, 2019
USD ($)
Jul. 29, 2019
USD ($)
May 30, 2019
USD ($)
Nov. 21, 2018
USD ($)
Feb. 27, 2018
USD ($)
Jun. 19, 2017
USD ($)
Dec. 22, 2016
USD ($)
Aug. 31, 2019
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Jul. 29, 2020
Long-term Debt, Total                       $ 90,200,000 $ 90,200,000      
Proceeds from Issuance of Long-term Debt, Total                     $ 16,167,680          
Restricted Cash, Total                       4,410,376 4,410,376 $ 5,717,063    
Interest Expense, Total                         3,219,471 2,703,845 $ 1,380,458  
Eurobank Ergasias S.A. [Member] | Revolving Loan Facility [Member]                                
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid           $ 6,000,000                    
Debt Instrument, Number of Periodic Payments           16                    
Payments of Debt Issuance Costs           $ 32,000                    
Proceeds from Issuance of Long-term Debt, Total           12,000,000                    
Security Deposit           5,000,000           $ 1,000,000 1,000,000      
Debt Instrument, Periodic Payment, Total           $ 375,000                    
Eurobank Ergasias S.A. [Member] | Revolving Credit Facility [Member]                                
Debt Instrument, Periodic Payment, Total             $ 900,000                  
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid             $ 19,200,000                  
Debt Instrument, Number of Periodic Payments             16                  
Debt Instrument, Number of Quarterly Installment Payments             12                  
Payments of Debt Issuance Costs             $ 300,000                  
Line of Credit Facility, Maximum Borrowing Capacity             45,000,000                  
Long-term Line of Credit, Total             $ 30,000,000                  
Long-term Debt, Term (Month)             1 year 180 days                  
Debt Instrument, Covenant, Security Cover Ratio             140.00%                  
Line of Credit Facility, Remaining Borrowing Capacity             $ 7,350,000                  
Line of Credit Facility, Remaining Percent of Vessel Market Value to Finance             55.00%                  
Debt Instrument, Balloon Payment, Percent of Drawn Debt             50.00%                  
Line of Credit Facility, Commitment Fee Percentage             0.40%                  
Line of Credit Facility, Underwriting Fee Percentage             1.00%                  
Piraeus Bank S.A. [Member]                                
Debt Instrument, Periodic Payment, Total         $ 160,460                      
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid         $ 1,742,160                      
Debt Instrument, Number of Periodic Payments         12                      
Payments of Debt Issuance Costs                         $ 32,000      
Line of Credit Facility, Maximum Borrowing Capacity         $ 4,000,000                      
Proceeds from Issuance of Long-term Debt, Total         $ 3,667,680                      
Line of Credit Facility, Maximum Borrowing Amount, Percent of Scrap Value of Vessel         90.00%                      
Debt Instrument, Security Cover Ratio Covenant                       110.00% 110.00%      
Piraeus Bank S.A. [Member] | Forecast [Member]                                
Debt Instrument, Security Cover Ratio Covenant                               120.00%
HSBC Bank PLC [Member]                                
Debt Instrument, Periodic Payment, Total       $ 450,000                        
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid       $ 6,200,000                        
Debt Instrument, Number of Periodic Payments       14                        
Payments of Debt Issuance Costs                         $ 62,500      
Proceeds from Issuance of Long-term Debt, Total       $ 12,500,000                        
Debt Instrument, Security Cover Ratio Covenant       130.00%                        
Colby Trading Ltd [Member]                                
Debt Instrument, Number of Periodic Payments     4                          
Proceeds from Issuance of Long-term Debt, Total     $ 2,500,000                          
Debt Instrument, Interest Rate, Stated Percentage     8.00%                          
Interest Expense, Debt, Total                         $ 51,111      
Minimum [Member]                                
Debt Instrument Covenant, Ratio of Fair Value of Vessel to Outstanding Loan Less Cash in Retention Accounts                       120.00% 120.00%      
Maximum [Member]                                
Debt Instrument Covenant, Ratio of Fair Value of Vessel to Outstanding Loan Less Cash in Retention Accounts                       140.00% 140.00%      
London Interbank Offered Rate (LIBOR) [Member] | Eurobank Ergasias S.A. [Member] | Revolving Loan Facility [Member]                                
Debt Instrument, Basis Spread on Variable Rate           4.40%           3.90%        
London Interbank Offered Rate (LIBOR) [Member] | Eurobank Ergasias S.A. [Member] | Revolving Credit Facility [Member]                                
Debt Instrument, Basis Spread on Variable Rate             4.40%           3.90%      
London Interbank Offered Rate (LIBOR) [Member] | Piraeus Bank S.A. [Member]                                
Debt Instrument, Basis Spread on Variable Rate       2.95% 3.50%                      
Loan Agreement to Finance Acquisition of M/V EM Astoria [Member]                                
Debt Instrument, Periodic Payment, Total                 $ 100,000              
Debt Instrument, Face Amount                 4,750,000              
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid with Twentieth Installment                 2,750,000              
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid with Sixteenth Installment                 3,150,000              
Payments of Debt Issuance Costs                 $ 50,000              
Percent Shared With Bank in Excess of Fair Market Value                             35.00%  
Vessel Profit Parcitipation Liability                           $ 1,067,500    
Percent of Cash Flow After Debt Service Set Aside                             35.00%  
Loan Agreement to Finance Acquisition of M/V EM Astoria [Member] | Minimum [Member]                                
Debt Instrument, Number of Quarterly Installment Payments                 20              
Loan Agreement to Finance Acquisition of M/V EM Astoria [Member] | Maximum [Member]                                
Debt Instrument, Number of Quarterly Installment Payments                 16              
Loan Agreement to Finance Acquisition of M/V EM Astoria [Member] | London Interbank Offered Rate (LIBOR) [Member]                                
Debt Instrument, Basis Spread on Variable Rate                 2.65%              
Second Debt Agreement [Member] | Piraeus Bank S.A. [Member]                                
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid $ 17,400,000                              
Payments of Debt Issuance Costs                         $ 352,000      
Proceeds from Issuance of Long-term Debt, Total $ 32,000,000                              
Debt Instrument, Security Cover Ratio Covenant 125.00%                              
Second Debt Agreement [Member] | Colby Trading Ltd [Member]                                
Proceeds from Issuance of Long-term Debt, Total   $ 2,500,000                            
Debt Instrument, Interest Rate, Stated Percentage   8.00%                            
Interest Expense, Debt, Total                         $ 33,333      
Second Debt Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Piraeus Bank S.A. [Member]                                
Debt Instrument, Basis Spread on Variable Rate 3.50%                              
Second Debt Agreement, First Payments [Member] | Piraeus Bank S.A. [Member]                                
Debt Instrument, Periodic Payment, Total $ 1,400,000                              
Debt Instrument, Number of Periodic Payments 3                              
Second Debt Agreement, Second Payments [Member] | Piraeus Bank S.A. [Member]                                
Debt Instrument, Periodic Payment, Total $ 800,000                              
Debt Instrument, Number of Periodic Payments 13                              
Second Set of Quarterly Payments [Member] | Colby Trading Ltd [Member]                                
Debt Instrument, Number of Periodic Payments     3                          
Noumea Shipping Ltd [Member]                                
Debt Instrument, Periodic Payment, Total                   $ 720,000            
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid                   6,360,000            
Long-term Debt, Total                   7,080,000            
Debt Instrument, Face Amount               $ 4,250,000                
Noumea Shipping Ltd [Member] | London Interbank Offered Rate (LIBOR) [Member]                                
Debt Instrument, Basis Spread on Variable Rate               3.00%                
Noumea Shipping Ltd [Member] | Debt Instrument, Redemption, Period One [Member]                                
Debt Instrument, Periodic Payment, Total               $ 303,000                
Noumea Shipping Ltd [Member] | Debt Instrument, Redemption, Period Two [Member]                                
Debt Instrument, Periodic Payment, Total               $ 311,000                
Noumea Shipping Ltd [Member] | Supplemental Agreement with Noumea Shipping [Member]                                
Debt Instrument, Periodic Payment, Total                   720,000            
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid                   $ 4,920,000            
Debt Instrument, Number of Periodic Payments                   3