Deferred Drydock Costs

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Drydock Costs

Deferred Drydock Costs

Amortization of deferred drydocking costs for the years ended December 31, 2023, 2022 and 2021 totaled $14.0 million, $13.2 million and $8.7 million, respectively.

Cash paid for drydocking costs for the years ended December 31, 2023, 2022 and 2021 totaled $14.4 million, $18.4 million and $21.9 million, respectively. 

Activity within Deferred drydock costs, net is as follows:

 

	Year Ended
	December 31, 2023		December 31, 2022
Beginning Balance	$	42,849	$	37,093
Drydocking expenditures	14,397		18,422
Accrued drydocking expenditures	701		589
Amortization expense	(13,999)		(13,244)
Write-off due to sale of vessels	(5,231)		(11)
Ending Balance	$	38,717	$	42,849