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Note 4(b) - Vessels, Net (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Property, Plant and Equipment [Table Text Block]

		Vessel Cost				Accumulated Depreciation				Net Book Value
Balance, December 31, 2018			196,784				(16,149	)			180,635
— Transferred from advances for vessels acquisitions / under construction			189,220				-				189,220
— Acquisitions			51,940				-				51,940
— Impairment			(22,254	)			9,944				(12,310	)
— Transferred to Assets held for sale			(43,147	)			-				(43,147	)
— Depreciation			-				(12,392	)			(12,392	)
Balance, December 31, 2019			372,543				(18,597	)			353,946
— Transferred from advances for vessels acquisitions / under construction			76,959				-				76,959
— Disposals (see Note 19)			(303,157	)			21,718				(281,439	)
— Depreciation			-				(13,174	)			(13,174	)
Balance, December 31, 2020			146,345				(10,053	)			136,292

Property, Plant and Equipment, Additions [Table Text Block]

Vessel Name	Delivery Date		Yard Installments				Capitalized Expenses				Final Cost
M/T Eco California	January 30, 2019			34,313				1,270				35,583
M/T Eco Marina Del Ray	March 13, 2019			35,787				1,066				36,853
M/T Eco Bel Air	April 5, 2019			57,133				1,209				58,342
M/T Eco Beverly Hills	May 9, 2019			57,133				1,309				58,442
Subtotal 2019				184,366				4,854				189,220
M/T Eco Los Angeles	February 10, 2020			37,659				835				38,494
M/T Eco City of Angels	February 17, 2020			37,659				806				38,465
Subtotal 2020				75,318				1,641				76,959

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-Name Accounting Standards Codification
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