XML 37 R13.htm IDEA: XBRL DOCUMENT
v3.22.1

Deferred charges, net | 12 Months Ended
--- | ---
Dec. 31, 2021
Deferred charges, net [Abstract] |
Deferred charges, net |
4. | Deferred charges, net:
The movement in deferred dry-docking costs, net in the accompanying consolidated balance sheets is as follows:
|  | Dry-docking costs |
Balance December 31, 2018 |  | $ | 341,070 |
Amortization |  |  | (341,070 | )
Balance December 31, 2019 |  | $ | — |
Additions |  |  | 2,216,102 |
Amortization |  |  | (154,529 | )
Balance December 31, 2020 |  | $ | 2,061,573 |
Additions |  |  | 3,936,331 |
Amortization |  |  | (1,135,080 | )
Balance December 31, 2021 |  | $ | 4,862,824 |
On November 27, 2020, the Magic Moon commenced its scheduled dry-dock which was completed on January 13, 2021. During the year ended December 31, 2021, three more vessels in the Company’s fleet initiated and completed their scheduled dry-dock, the Magic Rainbow the Wonder Mimosa and the Magic Vela.

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

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration