At September 30, 2017, the Company owned seventeen dry bulk vessels including two financed under capital lease obligations. The carrying amounts of these vessels, including unamortized drydocking costs, are as follows:



	September 30,		December 31,
	2017		2016
Owned vessels	(unaudited)
m/v BULK PANGAEA	$	16,768,833	$17,879,380
m/v BULK PATRIOT	11,426,580		12,391,724
m/v BULK JULIANA	11,621,472		12,252,733
m/v NORDIC ODYSSEY	25,981,360		27,021,211
m/v NORDIC ORION	26,819,591		27,874,584
m/v BULK TRIDENT	14,386,864		14,962,163
m/v BULK BEOTHUK ⁽¹⁾	—		12,006,270
m/v BULK NEWPORT	13,312,095		13,473,429
m/v NORDIC BARENTS	3,526,711		3,517,151
m/v NORDIC BOTHNIA	3,518,031		3,520,616
m/v NORDIC OSHIMA	30,428,323		31,346,414
m/v NORDIC OLYMPIC	30,668,705		31,560,965
m/v NORDIC ODIN	30,846,740		31,741,658
m/v NORDIC OASIS	31,915,214		32,834,500
m/v BULK ENDURANCE ⁽²⁾	27,284,169		—
m/v BULK FREEDOM ⁽³⁾	8,942,254		—
	287,446,942		272,382,798
Other fixed assets, net	3,390,595		2,882,874
Total fixed assets, net	$	290,837,537	$	275,265,672

Vessels under capital lease
m/v BULK DESTINY ⁽⁴⁾	$	23,365,388	$	—
m/v BULK BEOTHUK ⁽¹⁾	$	6,920,181	$	—
	$	30,285,569	$	—


⁽¹⁾	The m/v Bulk Beothuk was sold on June 15, 2017 and simultaneously chartered back under a bareboat charter accounted for as a capital lease, the terms of which are discussed in Note 7.


⁽²⁾	The m/v Bulk Endurance was delivered to the Company on January 7, 2017.


⁽³⁾	The Company acquired the m/v Bulk Freedom on June 14, 2017.


⁽⁴⁾	The Company took delivery of the m/v Bulk Destiny on January 7, 2017 and simultaneously entered into a sale and leaseback financing agreement, the terms of which are discussed in Note 7.