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Vessels, net (Tables) | 12 Months Ended
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Dec. 31, 2018
Vessels, net [Abstract] |
Vessels, net - Consolidated statement of financial position |
| Vessels cost | Vessels accumulated depreciation | Dry docking costs | Accumulated depreciation of dry docking costs | Net Book Value
Balance at January 1, 2016 | 198,803 | (90,086) | 3,976 | (2,618) | 110,075
Additions/ (Dry Docking Component) | - | - | 478 | - | 478
Sale of subsidiary | (19,647) | 7,200 | (600) | 276 | (12,771)
Depreciation expense | - | (4,985) | - | (1,005) | (5,990)
Balance at December 31, 2016 | 179,156 | (87,871) | 3,854 | (3,347) | 91,792
Additions/ (Dry Docking Component) | 245 | - | 976 | - | 1,221
Depreciation expense | - | (4,831) | - | (862) | (5,693)
Balance at December 31, 2017 | 179,401 | (92,702) | 4,830 | (4,209) | 87,320
Additions/ (Dry Docking Component) | 26 | - | 2,148 | - | 2,174
Depreciation expense | - | (4,578) | - | (1,166) | (5,744)
Balance at December 31, 2018 | 179,427 | (97,280) | 6,978 | (5,375) | 83,750
Vessels, net - Consolidated statement of comprehensive loss |
| For the year ended December 31,
| 2018 | 2017 | 2016
Vessels depreciation | 4,578 | 4,831 | 4,985
Depreciation on office furniture and equipment | 23 | 23 | 29
Total | 4,601 | 4,854 | 5,014

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