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Note 4 - Fair Value of Below Market Time Charters Acquired
 9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Below Market Time Charters Acquired [Text Block]
4.
Fair Value of Below Market Time Charters Acquired
 
Details of the Company's fair value of below market acquired time charters are discussed in Note
6
of the Company's consolidated financial statements for the year ended
December 31, 2019,
included in the
2019
Annual Report.
 
For the
nine
-month period ended
September 30, 2020,
the amortization of fair value of the below market acquired time charters was
$1,473,731
and is included under “Time charter revenue” in the unaudited condensed consolidated statement of operations.
 
The unamortized balance of this intangible liability as of
September 30, 2020
of
$240,639
is expected to be amortized within
2020.