XML 33 R26.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Debt (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Debt [Abstract] |
Debt | Details of the Company’s credit facilities are discussed in Note 7 of the Company’s annual financial statements for the year ended December 31, 2023 and changes in the six months ended June 30, 2024 are discussed below.
Bank / Vessel(s) |  |  |
|  | December 31, 2023 |  |  | June 30, 2024 |
Total long term debt: |  |  |  |  |  |
2nd AVIC Facility (M/T Eco West Coast) |  |  | 40,817 |  |  |  | 39,717 |
Huarong Facility (M/T Eco Malibu) |  |  | 41,000 |  |  |  | 39,900 |
Cargill Facility (M/T Eco Marina Del Ray) |  |  | 23,094 |  |  |  | - |
2nd CMBFL Facility (M/T Eco Marina Del Ray) |  |  | - |  |  |  | 28,000 |
1st CMBFL Facility (M/T Julius Caesar and M/T Legio X Equestris) |  |  | 98,552 |  |  |  | 123,618 |
1st AVIC Facility (M/T Eco Oceano Ca) |  |  | 42,777 |  |  |  | 41,422 |
Total long term debt |  |  | 246,240 |  |  |  | 272,657 |
Less: Deferred finance fees |  |  | (4,279 | ) |  |  | (6,450 | )
Less: Debt discount relating to Vessel fair value participation liability |  |  | (1,463 | ) |  |  | - |
Total long term debt net of deferred finance fees and debt discounts |  |  | 240,498 |  |  |  | 266,207 |
Presented: |  |  |  |  |  |  |  |
Current portion of long-term debt |  |  | 12,418 |  |  |  | 13,993 |
Long term debt |  |  | 228,080 |  |  |  | 252,214 |
Total Debt net of deferred finance fees |  |  | 240,498 |  |  |  | 266,207 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration