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Vessels, net
6 Months Ended
Jun. 30, 2023
Vessels, net,  
Vessels, net

5. Vessels, net:

The amounts in the consolidated condensed balance sheets are analyzed as follows:

    

Vessel

    

Accumulated

    

Net Book

Cost

Depreciation

Value

Balance December 31, 2022

$

1,171,630

$

(346,525)

$

825,105

Additions

 

 

 

Depreciation

 

 

(15,816)

 

(15,816)

Balance June 30, 2023

$

1,171,630

$

(362,341)

$

809,289

As of June 30, 2023, all vessels comprising the Partnership’s fleet were first priority mortgaged as collateral to secure the $675 Million Credit Facility, further discussed in Note 6.