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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt [Abstract] |
Debt | The amounts in the consolidated balance sheets are analyzed as follows (facility names defined below):
Bank / Vessel(s) |  | December 31, |
|  | 2022 |  |  | 2023 |
Total long-term debt: |  |  |  |  |  |
ABN Facility (M/T Eco West Coast) |  |  | 32,495 |  |  |  | - |
Alpha Bank Facility (M/T Eco Malibu) |  |  | 33,500 |  |  |  | - |
Cargill Facility (M/T Eco Marina Del Rey) |  |  | 25,189 |  |  |  | 23,094 |
CMBFL Facility (M/T Julius Caesar and M/T Legio X Equestris) |  |  | 103,952 |  |  |  | 98,552 |
2nd AVIC Facility (M/T Eco Oceano CA) |  |  | 45,489 |  |  |  | 42,777 |
3 rd AVIC Facility (M/T Eco West Coast) |  |  | - |  |  |  | 40,817 |
Huarong Facility (M/T Eco Malibu) |  |  | - |  |  |  | 41,000 |
Total long-term debt |  |  | 240,625 |  |  |  | 246,240 |
Less: Deferred finance fees |  |  | (3,640 | ) |  |  | (4,279 | )
Less: Debt discount relating to Vessel fair value participation liability |  |  | (3,271 | ) |  |  | (1,463 | )
Total long-term debt net of deferred finance fees and debt discounts |  |  | 233,714 |  |  |  | 240,498 |
Presented: |  |  |  |  |  |  |  |
Current portion of long-term debt |  |  | 12,344 |  |  |  | 12,418 |
Long-term debt |  |  | 221,370 |  |  |  | 228,080 |
Annual Principal Payments | Scheduled Principal Repayments: The Company’s annual principal payments required to be made after December 31, 2023 on its loan obligations, are as follows (including the financings under sale and leaseback agreements):
Years |  |  |
December 31, 2024 |  |  | 14,426 |
December 31, 2025 |  |  | 14,511 |
December 31, 2026 |  |  | 14,511 |
December 31, 2027 |  |  | 14,511 |
December 31, 2028 and thereafter |  |  | 188,281 |
Total |  |  | 246,240 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
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