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Vessels, net (Tables)
12 Months Ended
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