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Vessels, net/Assets held for sale (Tables) | 12 Months Ended
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Dec. 31, 2023
Vessels, net/Assets held for sale [Abstract] |
Vessels, Net | (a) Vessels, net: The amounts in the accompanying consolidated balance sheets are analyzed as follows:
|  | Vessel Cost |  |  | Accumulated depreciation |  |  | Net Book Value |
Balance December 31, 2021 |  |  | 298,299,210 |  |  |  | (12,419,560 | ) |  |  | 285,879,650 |
— Acquisitions, improvements, and other vessel costs |  |  | 71,715,105 |  |  |  | — |  |  |  | 71,715,105 |
— Transfers from Advances for vessel acquisitions (b) |  |  | 2,368,165 |  |  |  | — |  |  |  | 2,368,165 |
— Period depreciation |  |  | — |  |  |  | (16,554,454 | ) |  |  | (16,554,454 | )
Balance December 31, 2022 |  |  | 372,382,480 |  |  |  | (28,974,014 | ) |  |  | 343,408,466 |
— Acquisitions, improvements, and other vessel costs |  |  | 418,520 |  |  |  | — |  |  |  | 418,520 |
— Transfer to Assets held for sale (b) |  |  | (45,205,666 | ) |  |  | 7,376,974 |  |  |  | (37,828,692 | )
— Vessel disposals |  |  | (65,528,981 | ) |  |  | 8,970,086 |  |  |  | (56,558,895 | )
— Period depreciation |  |  | — |  |  |  | (19,902,403 | ) |  |  | (19,902,403 | )
Balance December 31, 2023 |  |  | 262,066,353 |  |  |  | (32,529,357 | ) |  |  | 229,536,996 |
Vessel Acquisitions | Details regarding the 2022 Vessel Acquisitions delivered as of December 31, 2022, are presented below.
Vessel Name | Vessel Type | DWT | Year Built | Country of Construction | Purchase Price (in million) | Delivery Date
2022 Acquisitions
M/V Magic Callisto | Panamax | 74,930 | 2012 | Japan | $23.55 | 01/04/2022
M/V Ariana A | Containership | 38,117 | 2005 | Germany | $25.00 | 11/23/2022
M/V Gabriela A | Containership | 38,121 | 2005 | Germany | $25.75 | 11/30/2022

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- Definition Tabular disclosure of information regarding vessel acquisitions delivered. + References No definition available. + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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