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Long-Term Debt, net (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of detailed information about borrowings [abstract]  
Long-Term Debt, net - Consolidated statement of financial position

 Long-Term Debt, net - Consolidated statement of financial position

 

Borrower

  Principal   Deferred finance costs   Accrued Interest   Amortized cost
Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited, Serena Maritime Limited and Salaminia Maritime Limited.   44,375   (541)   491   44,325
                 
Total at December 31, 2022   44,375   (541)   491   44,325
Less: Current Portion   (6,500)   188   (491)   (6,803)
Long-Term Portion   37,875   (353)       37,522
                 
Total at December 31, 2021   31,750   (447)   179   31,482
Less: Current Portion   (5,000)   135   (179)   (5,044)
Long-Term Portion   26,750   (312)       26,438
Long-Term Debt, net - Annual loan principal payments

Long-Term Debt, net - Annual loan principal payments

December 31,   First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.)
2023   6,500
2024   6,500
2025   6,500
2026   24,875
Total   44,375

 

 

The contractual annual loan principal payments to be made subsequent to December 31, 2021, were as follows:

 

December 31,   First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.)
2022   5,000
2023   5,000
2024   5,000
2025   5,000
2026 and thereafter     11,750
Total   31,750