0001628280-21-023879.txt : 20211119 0001628280-21-023879.hdr.sgml : 20211119 20211119160158 ACCESSION NUMBER: 0001628280-21-023879 CONFORMED SUBMISSION TYPE: 6-K/A PUBLIC DOCUMENT COUNT: 71 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211119 DATE AS OF CHANGE: 20211119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SAFE BULKERS, INC. CENTRAL INDEX KEY: 0001434754 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 6-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34077 FILM NUMBER: 211428296 BUSINESS ADDRESS: STREET 1: APT. D11, LES ACANTHES STREET 2: 6, AVENUE DES CITRONNIERS CITY: MONACO STATE: O9 ZIP: MC98000 BUSINESS PHONE: 011-30-2-111-888-400 MAIL ADDRESS: STREET 1: APT. D11, LES ACANTHES STREET 2: 6, AVENUE DES CITRONNIERS CITY: MONACO STATE: O9 ZIP: MC98000 6-K/A 1 sb-20210930.htm 6-K/A sb-20210930
Sep 30, 2021false--12-310001434754three yearsP1M00014347542021-01-012021-09-30iso4217:USD00014347542020-12-3100014347542021-09-30iso4217:USDxbrli:sharesxbrli:shares0001434754us-gaap:SeriesCPreferredStockMember2020-12-310001434754us-gaap:SeriesCPreferredStockMember2021-09-300001434754us-gaap:SeriesDPreferredStockMember2020-12-310001434754us-gaap:SeriesDPreferredStockMember2021-09-3000014347542020-01-012020-09-300001434754us-gaap:CommonStockMember2019-12-310001434754us-gaap:TreasuryStockCommonMember2019-12-310001434754us-gaap:PreferredStockMember2019-12-310001434754us-gaap:AdditionalPaidInCapitalMember2019-12-310001434754us-gaap:RetainedEarningsMember2019-12-3100014347542019-12-310001434754us-gaap:RetainedEarningsMember2020-01-012020-09-300001434754us-gaap:CommonStockMember2020-01-012020-09-300001434754us-gaap:AdditionalPaidInCapitalMember2020-01-012020-09-300001434754us-gaap:CommonStockMemberus-gaap:CommonStockMember2020-01-012020-09-300001434754us-gaap:AdditionalPaidInCapitalMemberus-gaap:CommonStockMember2020-01-012020-09-300001434754us-gaap:CommonStockMember2020-01-012020-09-300001434754us-gaap:AdditionalPaidInCapitalMemberus-gaap:PreferredStockMember2020-01-012020-09-300001434754us-gaap:PreferredStockMember2020-01-012020-09-300001434754us-gaap:CommonStockMember2020-09-300001434754us-gaap:TreasuryStockCommonMember2020-09-300001434754us-gaap:PreferredStockMember2020-09-300001434754us-gaap:AdditionalPaidInCapitalMember2020-09-300001434754us-gaap:RetainedEarningsMember2020-09-3000014347542020-09-300001434754us-gaap:CommonStockMember2020-12-310001434754us-gaap:TreasuryStockCommonMember2020-12-310001434754us-gaap:PreferredStockMember2020-12-310001434754us-gaap:AdditionalPaidInCapitalMember2020-12-310001434754us-gaap:RetainedEarningsMember2020-12-310001434754us-gaap:RetainedEarningsMember2021-01-012021-09-300001434754us-gaap:CommonStockMember2021-01-012021-09-300001434754us-gaap:AdditionalPaidInCapitalMember2021-01-012021-09-300001434754us-gaap:CommonStockMember2021-09-300001434754us-gaap:TreasuryStockCommonMember2021-09-300001434754us-gaap:PreferredStockMember2021-09-300001434754us-gaap:AdditionalPaidInCapitalMember2021-09-300001434754us-gaap:RetainedEarningsMember2021-09-30sb:subsidiarysb:vessel0001434754us-gaap:SeriesAPreferredStockMemberus-gaap:PrivatePlacementMember2018-06-012018-06-3000014347542018-06-3000014347542018-05-292018-05-2900014347542021-05-292021-05-29iso4217:EUR0001434754us-gaap:LineOfCreditMember2021-06-300001434754us-gaap:LineOfCreditMemberus-gaap:SecuredDebtMember2021-06-300001434754us-gaap:LineOfCreditMemberus-gaap:RevolvingCreditFacilityMember2021-06-300001434754us-gaap:LineOfCreditMember2021-06-012021-06-3000014347542020-01-012020-12-3100014347542021-09-302021-09-300001434754sb:MVKoulitsaMember2021-09-300001434754sb:MVPedhoulasFighterMember2021-09-30sb:agreement00014347542021-06-012021-09-300001434754sb:MVKoulitsaMember2021-06-300001434754sb:MaxeikosieptaMember2020-12-310001434754sb:MaxeikosieptaMember2021-09-300001434754sb:MaxtesseraMembersb:November2018Member2020-12-310001434754sb:MaxtesseraMembersb:November2018Member2021-09-300001434754sb:AvstesMember2020-12-310001434754sb:AvstesMember2021-09-300001434754sb:MaxeikosiMember2020-12-310001434754sb:MaxeikosiMember2021-09-300001434754sb:MaxeikosiexiMember2020-12-310001434754sb:MaxeikosiexiMember2021-09-300001434754sb:MarathassaMember2020-12-310001434754sb:MarathassaMember2021-09-300001434754sb:MarinoukiMember2020-12-310001434754sb:MarinoukiMember2021-09-300001434754sb:KerasiesMember2020-12-310001434754sb:KerasiesMember2021-09-300001434754sb:SoffiveMember2020-12-310001434754sb:SoffiveMember2021-09-300001434754sb:EptaprohiMember2020-12-310001434754sb:EptaprohiMember2021-09-300001434754sb:PetraMember2020-12-310001434754sb:PetraMember2021-09-300001434754sb:PemerMember2020-12-310001434754sb:PemerMember2021-09-300001434754sb:December2019Member2020-12-310001434754sb:December2019Member2021-09-300001434754sb:ShikokueptaMembersb:February2016Member2020-12-310001434754sb:ShikokueptaMembersb:February2016Member2021-09-300001434754sb:November2014Member2020-12-310001434754sb:November2014Member2021-09-300001434754sb:MaxeikosienaMember2020-12-310001434754sb:MaxeikosienaMember2021-09-300001434754sb:April2019Member2020-12-310001434754sb:April2019Member2021-09-300001434754sb:ShikokupenteShikokuenniaPemerPetraMember2020-12-310001434754sb:ShikokupenteShikokuenniaPemerPetraMember2021-09-300001434754sb:ShikokupenteMember2020-12-310001434754sb:ShikokupenteMember2021-09-300001434754sb:ShikokuenniaMember2020-12-310001434754sb:ShikokuenniaMember2021-09-300001434754sb:MaxeikositriaMember2020-12-310001434754sb:MaxeikositriaMember2021-09-300001434754sb:MaxpenteMember2020-12-310001434754sb:MaxpenteMember2021-09-300001434754sb:MaxeikositesseraMember2020-12-310001434754sb:MaxeikositesseraMember2021-09-300001434754sb:MaxentekaMember2020-12-310001434754sb:MaxentekaMember2021-09-300001434754sb:November2018Member2020-12-310001434754sb:November2018Member2021-09-300001434754sb:PeleaVasstwoEniaprohiVassoneMember2020-12-310001434754sb:PeleaVasstwoEniaprohiVassoneMember2021-09-300001434754sb:MaxdekaMember2020-12-310001434754sb:MaxdekaMember2021-09-300001434754sb:ShikokuFriendshipMember2020-12-310001434754sb:ShikokuFriendshipMember2021-09-300001434754sb:ShikokutesseraMember2020-12-310001434754sb:ShikokutesseraMember2021-09-300001434754sb:GlovertwoMember2020-12-310001434754sb:GlovertwoMember2021-09-300001434754sb:PentakomoMember2020-12-310001434754sb:PentakomoMember2021-09-300001434754sb:MaxdekatriaMember2020-12-310001434754sb:MaxdekatriaMember2021-09-300001434754sb:June2021Membersb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember2020-12-310001434754sb:June2021Membersb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember2021-09-300001434754sb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMembersb:June20212Member2020-12-310001434754sb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMembersb:June20212Member2021-09-300001434754sb:September2021Member2020-12-310001434754sb:September2021Member2021-09-300001434754sb:April2021Membersb:MaxtesseraMember2020-12-310001434754sb:April2021Membersb:MaxtesseraMember2021-09-300001434754sb:YoungtwoMember2020-12-310001434754sb:YoungtwoMember2021-09-300001434754sb:MonagrouliMember2020-12-310001434754sb:MonagrouliMember2021-09-300001434754sb:ShikokuoktoMember2020-12-310001434754sb:ShikokuoktoMember2021-09-300001434754sb:GloversixMember2020-12-310001434754sb:GloversixMember2021-09-300001434754sb:PinewoodMember2020-12-310001434754sb:PinewoodMember2021-09-300001434754sb:ShikokueptaMembersb:August2021Member2020-12-310001434754sb:ShikokueptaMembersb:August2021Member2021-09-300001434754sb:ShikokueptaMember2021-08-310001434754sb:ShikokueptaMember2021-08-012021-08-310001434754us-gaap:LineOfCreditMember2021-09-300001434754us-gaap:LineOfCreditMemberus-gaap:SecuredDebtMember2021-09-300001434754us-gaap:LineOfCreditMemberus-gaap:RevolvingCreditFacilityMember2021-09-300001434754sb:A2020AugustATMProgramMemberus-gaap:CommonClassAMember2021-05-012021-05-310001434754sb:A2020AugustATMProgramMemberus-gaap:CommonClassAMember2021-05-012021-09-300001434754sb:A2020AugustATMProgramMemberus-gaap:CommonClassAMember2021-09-300001434754sb:DueToShipyardsSellersMember2021-09-300001434754sb:DueToManagerMember2021-09-300001434754sb:OtherCommitmentsMember2021-09-300001434754srt:MinimumMember2021-01-012021-09-300001434754srt:MaximumMember2021-01-012021-09-30xbrli:puresb:charter0001434754sb:ShikokupenteMembersb:InterestRateSwapExpiringAugust12023Member2021-09-300001434754sb:ShikokupenteMembersb:InterestRateSwapExpiringAugust12023Member2020-12-310001434754sb:ShikokuenniaMembersb:InterestRateSwapExpiringOctober202023Member2021-09-300001434754sb:ShikokuenniaMembersb:InterestRateSwapExpiringOctober202023Member2020-12-310001434754sb:InterestRateSwapExpiringAugust272024Membersb:MaxpenteMember2021-09-300001434754sb:InterestRateSwapExpiringAugust272024Membersb:MaxpenteMember2020-12-310001434754sb:InterestRateSwapExpiringAugust272024Membersb:MaxentekaMember2021-09-300001434754sb:InterestRateSwapExpiringAugust272024Membersb:MaxentekaMember2020-12-310001434754sb:InterestRateSwapExpiringAugust272024Membersb:MaxeikositesseraMember2021-09-300001434754sb:InterestRateSwapExpiringAugust272024Membersb:MaxeikositesseraMember2020-12-310001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0990Member2021-09-300001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0990Member2020-12-310001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0900Member2021-09-300001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0900Member2020-12-310001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0800Member2021-09-300001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0800Member2020-12-310001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0650Member2021-09-300001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0650Member2020-12-310001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0600Member2021-09-300001434754sb:InterestRateSwapExpiringSeptember302024FixedRate0600Member2020-12-310001434754sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionMay52020Member2021-09-300001434754sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionMay52020Member2020-12-310001434754sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionJuly102020Member2021-09-300001434754sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionJuly102020Member2020-12-310001434754sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly102020Member2021-09-300001434754sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly102020Member2020-12-310001434754sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly142020Member2021-09-300001434754sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly142020Member2020-12-310001434754sb:InterestRateSwapExpiringJune42025Member2021-09-300001434754sb:InterestRateSwapExpiringJune42025Member2020-12-310001434754sb:InterestRateSwapExpiringJune112025Member2021-09-300001434754sb:InterestRateSwapExpiringJune112025Member2020-12-310001434754sb:InterestRateSwapExpiringJune152025Member2021-09-300001434754sb:InterestRateSwapExpiringJune152025Member2020-12-310001434754sb:InterestRateSwapExpiringJune302025Member2021-09-300001434754sb:InterestRateSwapExpiringJune302025Member2020-12-310001434754sb:InterestRateSwapExpiringJuly12025Member2021-09-300001434754sb:InterestRateSwapExpiringJuly12025Member2020-12-310001434754sb:InterestRateSwapExpiringJuly92025Member2021-09-300001434754sb:InterestRateSwapExpiringJuly92025Member2020-12-310001434754sb:InterestRateSwapExpiringJuly162025Member2021-09-300001434754sb:InterestRateSwapExpiringJuly162025Member2020-12-310001434754sb:InterestRateSwapExpiringJuly302025Member2021-09-300001434754sb:InterestRateSwapExpiringJuly302025Member2020-12-310001434754sb:InterestRateSwapExpiringAugust32025Member2021-09-300001434754sb:InterestRateSwapExpiringAugust32025Member2020-12-310001434754sb:InterestRateSwapExpiringDecember312025Member2021-09-300001434754sb:InterestRateSwapExpiringDecember312025Member2020-12-310001434754sb:InterestRateSwapExpiringMay102026Member2021-09-300001434754sb:InterestRateSwapExpiringMay102026Member2020-12-310001434754sb:InterestRateSwapExpiringJuly212026Member2021-09-300001434754sb:InterestRateSwapExpiringJuly212026Member2020-12-310001434754sb:InterestRateSwapExpiringJuly222026Member2021-09-300001434754sb:InterestRateSwapExpiringJuly222026Member2020-12-310001434754us-gaap:InterestRateSwapMember2020-12-310001434754us-gaap:InterestRateSwapMember2021-09-30sb:tonne00014347542021-02-012021-02-280001434754srt:MinimumMember2021-02-012021-02-280001434754srt:MaximumMember2021-02-012021-02-28sb:derivative0001434754sb:ForwardFreightMember2021-09-300001434754sb:ForwardFreightMember2021-01-012021-09-300001434754us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2020-12-310001434754us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2021-09-300001434754us-gaap:InterestRateContractMemberus-gaap:NondesignatedMember2020-12-310001434754us-gaap:InterestRateContractMemberus-gaap:NondesignatedMember2021-09-300001434754us-gaap:NondesignatedMembersb:BunkerFuelContractsMember2020-12-310001434754us-gaap:NondesignatedMembersb:BunkerFuelContractsMember2021-09-300001434754sb:ForwardFreightMemberus-gaap:NondesignatedMember2020-12-310001434754sb:ForwardFreightMemberus-gaap:NondesignatedMember2021-09-300001434754us-gaap:NondesignatedMember2020-12-310001434754us-gaap:NondesignatedMember2021-09-300001434754us-gaap:InterestRateContractMembersb:OtherExpenseIncomeOnDerivatesMember2020-01-012020-09-300001434754us-gaap:InterestRateContractMembersb:OtherExpenseIncomeOnDerivatesMember2021-01-012021-09-300001434754sb:OtherExpenseIncomeOnDerivatesMembersb:BunkerFuelContractsMember2020-01-012020-09-300001434754sb:OtherExpenseIncomeOnDerivatesMembersb:BunkerFuelContractsMember2021-01-012021-09-300001434754sb:OtherExpenseIncomeOnDerivatesMemberus-gaap:ForeignExchangeContractMember2020-01-012020-09-300001434754sb:OtherExpenseIncomeOnDerivatesMemberus-gaap:ForeignExchangeContractMember2021-01-012021-09-300001434754sb:OtherExpenseIncomeOnDerivatesMembersb:ForwardFreightMember2020-01-012020-09-300001434754sb:OtherExpenseIncomeOnDerivatesMembersb:ForwardFreightMember2021-01-012021-09-300001434754us-gaap:FairValueInputsLevel2Member2020-12-310001434754us-gaap:FairValueInputsLevel2Member2021-09-30sb:dividend0001434754us-gaap:SeriesDPreferredStockMember2021-01-012021-09-300001434754us-gaap:SeriesCPreferredStockMember2021-01-012021-09-300001434754us-gaap:SeriesAPreferredStockMembersb:PinewoodMember2021-01-012021-09-300001434754us-gaap:SubsequentEventMemberus-gaap:CumulativePreferredStockMember2021-10-080001434754us-gaap:SubsequentEventMembersb:ForwardFreightMember2021-10-012021-10-310001434754us-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2021-10-310001434754us-gaap:LineOfCreditMemberus-gaap:SubsequentEventMemberus-gaap:SecuredDebtMember2021-10-310001434754us-gaap:LineOfCreditMemberus-gaap:SubsequentEventMemberus-gaap:LongTermDebtMember2021-10-310001434754us-gaap:LineOfCreditMemberus-gaap:SubsequentEventMemberus-gaap:SecuredDebtMember2021-10-012021-10-310001434754us-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2021-10-012021-10-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K/A
(Amendment No. 2)
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2021
SAFE BULKERS, INC.
(Translation of registrant’s name into English)
Apt. D11, Les Acanthes 6, Avenue des Citronniers, MC98000 Monaco
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ý          Form 40-F   o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether the registrant by furnishing the information contained in the Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o          No  ý
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
EXPLANATORY NOTE
Safe Bulkers, Inc. (the “Company”) is filing this Amendment No. 2 to the Company’s Form 6-K that was filed with the Securities and Exchange Commission on November 5, 2021 (the “Original Filing”) to amend and restate the Original Filing solely to include the Report of Independent Registered Public Accounting Firm relating to the review of the Interim Financial Information. Except as described above, no other information in the Original Filing has been updated and this Amendment No. 2 continues to speak as of the date of the Original Filing. This Amendment No. 2 does not reflect events that have occurred after the filing date of the Original Filing, and does not amend, modify or update in any way disclosures made in the Original Filing except as set forth in this explanatory note.

INFORMATION CONTAINED IN THIS FORM 6-K/A REPORT
This Report on Form 6-K/Α are the unaudited consolidated interim financial statements and related Management’s Discussion and Analysis of Financial Condition and Results of Operations of the Company for the nine-month period ended September 30, 2021, subject to the Explanatory Note set forth above. This Report on Form 6-K/A is formatted in inline eXtensible Business Reporting Language (iXBRL).
INCORPORATION BY REFERENCE


This Report on Form 6-K/A shall be incorporated by reference into our registration statement on Form F-3, as filed with the Securities and Exchange Commission on July 1, 2020 (File No. 333-239618) and as may be further amended, to the extent not superseded by documents or reports subsequently filed by us under the Securities Act of 1933 or the Securities Exchange Act of 1934, in each case as amended.







MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS
FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2021

ABOUT THIS REPORT

As used herein, “we”, “us”, “our”, and the “Company” all refer to Safe Bulkers, Inc. and its subsidiaries (as well as the predecessors of the foregoing). This management’s discussion and analysis of financial condition and results of operations should be read together with the discussion included in the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2020. These expressions are also used where no useful purpose is served by identifying the particular company or companies. Our affiliated management companies, Safety Management Overseas S.A., a company incorporated under the laws of the Republic of Panama (“Safety Management”), and Safe Bulkers Management Limited, a company organized and existing under the laws of the Republic of Cyprus (“Safe Bulkers Management”), are each sometimes referred to as a “Manager,” and together as our “Managers.” This discussion includes forward-looking statements which, although based on assumptions that we consider reasonable, are subject to risks and uncertainties which could cause actual events or conditions to differ materially from those currently anticipated and expressed or implied by such forward-looking statements.

A. Overview

We are an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest consumers of marine drybulk transportation services. As of October 29, 2021, our fleet comprised 40 vessels, of which 13 are Panamax class vessels, 8 are Kamsarmax class vessels, 15 are Post-Panamax class vessels and 4 are Capesize class vessels, with an aggregate carrying capacity of 3,721,300 deadweight tons, or dwt and an average age of 10.32 years. As of October 29, 2021, the Company had placed orders for eight newbuild vessels, had committed to the purchase of one second-hand Capesize vessel and had committed to sell two of its vessels which were not yet delivered to their new owners.

We employ our vessels on both period time charters and spot time charters, or infrequently on voyage charters, according to our assessment of market conditions, with some of the world’s largest consumers of marine drybulk transportation services. The vessels we deploy on period time charters provide us with visible and relatively stable cash flow, while the vessels we deploy in the spot market allow us to maintain our flexibility in low charter market conditions and have a potential upside in our revenue when charter market conditions improve. The majority of vessels in our fleet have sister ships with similar specifications in our existing fleet. We believe using sister ships provides cost savings because it facilitates efficient inventory management and allows for the substitution of sister ships to fulfill our period time charter obligations.

Safe Bulkers, Inc. (“Safe Bulkers”) was incorporated in the Republic of the Marshall Islands on December 11, 2007, under the Marshall Islands Business Corporations Act, for the purpose of acquiring ownership of various subsidiaries that either owned or were scheduled to own vessels. We are controlled by the Hajioannou family, which has a long history of operating and investing in the international shipping industry, including a long history of vessel ownership. Our vessels are managed by our affiliated management companies, Safety Management and Safe Bulkers Management.



B. Recent Developments in Our Fleet and Employment Profile



During the period from January 1, 2021, until October 29, 2021 the following developments occurred with respect to our fleet and employment profile:

In January 2021, the Company entered into an agreement for the sale of the Panamax class MV Paraskevi, built 2003, at a gross sale price of $7.3 million. The vessel was delivered to her new owners in April 2021.

In January 2021, the Company entered into an agreement for the sale of the Panamax class MV Vassos, built 2004, at a gross sale price of $8.7 million. The vessel was delivered to her new owners in in May 2021.

In February 2021, the Company entered into an agreement for the acquisition of the 2011-built Japanese Panamax class MV Paraskevi 2, at a gross price of $14.1 million. She was delivered to us in March 2021 and commenced an 11 to 14 month charter at a gross daily rate of $13,800. The vessel is a sister vessel with two other vessels owned by the Company, and her acquisition was funded from the cash reserves of the Company.

In May 2021, the Company entered into an agreement for the sale of the Kamsarmax class MV Pedhoulas Builder, built 2012, at a gross sale price of $22.5 million. The vessel was delivered to her new owners in June 2021.

In May 2021, the Company entered into an agreement for the sale of the Kamsarmax class MV Pedhoulas Farmer, built 2012, at a gross sale price of $22.0 million. The vessel was delivered to her new owners in September 2021.

In May 2021, the Company entered into an agreement for the sale of the Panamax class MV Maria, built 2003, at a gross sale price of $12.0 million. The vessel was delivered to her new owners in September 2021.

In May 2021, the Company entered into agreements for the acquisition of two Energy Efficiency Design Index (''EEDI''), Phase 3 NOX-Tier III Japanese-built 87,000 dwt, newbuild vessels at attractive prices with scheduled deliveries in the first and second quarter of 2023 respectively.

In June 2021, the Company entered into an agreement for the acquisition of a 2013-built Japanese Panamax class vessel to be named Koulitsa 2, at a gross price of $22.0 million. The vessel was delivered to us in July 2021.

In June 2021, the Company entered into an agreement for the sale of the Panamax class MV Koulitsa, built 2003, at a gross sale price of $13.6 million. The vessel was delivered to her new owners in November 2021.

In June 2021, the Company entered into an agreement for the acquisition of one EEDI, Phase 3 NOX-Tier III Japanese-built 82,000 dwt, newbuild vessel at an attractive price with scheduled delivery in the fourth quarter of 2023.

In July 2021, the Company entered into an agreement for the acquisition of three EEDI, Phase 3 NOX-Tier III Japanese-built 82,000 dwt, newbuild vessels at attractive prices with scheduled deliveries 1 in the fourth quarter of 2023, and 2 in the first quarter 2024.

In July 2021, the Company entered into an agreement for the acquisition of the Post-Panamax class MV Venus Harmony, built 2013 at a gross price of $23.1 million. The vessel was delivered to us in October 2021 and her acquisition was funded from the cash reserves of the Company. She is a sister with three other vessels owned by the Company,

In July 2021, the Company entered into an agreement for the acquisition of the 2012-built Japanese Capesize class to be named MV Stelios Y. The vessel will be acquired by the Company under a twelve-month bareboat charter agreement, with a down payment of $4.5 million on signing, a payment of $4.5 million on delivery of the vessel to the Company scheduled for November 2021, payment of a daily charter rate of $14,500 over the period of the twelve month bareboat charter and of an amount of $18.0 million at the end of the bareboat charter; in aggregate the acquisition cost for the vessel being $32.3 million.

In September 2021, the Company entered into an agreement for the sale of the Kamsarmax class MV Pedhoulas Fighter, built 2012, at a gross price of $23.7 million. The sale is expected to be consummated in December 2021.

As of October 29, 2021, the orderbook of the Company consisted of eight Japanese, dry-bulk newbuilds of which five were Kamsarmax class vessels and three were Post-Panamax class vessels, with scheduled deliveries two within 2022, four within 2023 and two within 2024. All eight newbuild vessels described above are designed to meet the Phase 3 requirements of Energy Efficiency Design Index related to the reduction of green house gas emissions (''GHG -EEDI Phase 3'') as adopted by the International Maritime Organization, ("IMO") and also comply with the latest NOx emissions regulation, NOx-Tier III (IMO, MARPOL Annex VI, reg. 13).



As of October 29, 2021 the Company has entered into agreements to acquire one second-hand Capesize class vessel and to sell two vessels, of which one is a Panamax and one is a Kamsarmax class vessel.

Set out below is a table showing the Company’s existing vessels and their contracted employment as of October 29, 2021. Scrubber benefit for scrubber fitted vessels, (the ''Scrubber Benefit'') is calculated on the basis of the price differential between high sulfur fuel oil with 3.5% sulfur content and the new fuel with reduced sulfur content below 0.5% for the specific voyage. In the table the Scrubber Benefit is included in the referenced charter rate, in cases when it can be calculated or it is a part of the charter rate. A special notation on the table is provided in cases when the Scrubber Benefit is not part of the referenced charter rate and it cannot be calculated.


Vessel NameDwt
Year
Built 1
Country of
Construction		Charter
Type
Charter
Rate 2
Commissions 3
Charter Period 4
CURRENT FLEET      
Panamax       
Koulitsa 16
76,9002003JapanSpot$38,700 5.00 %October 2021October 2021
Katerina76,0002004JapanPeriod$23,000 5.00 %October 2021March 2022
Maritsa76,0002005JapanPeriod$35,900 5.00 %October 2021January 2022
Paraskevi 275,0002011JapanPeriod$13,800 5.00 %April 2021July 2022
Efrossini75,0002012JapanPeriod101.5% BPI 745.00 %December 2020November 2021
Zoe 12
75,0002013JapanPeriod104.25% BPI 745.00 %October 2021May 2022
Koulitsa 278,1002013JapanPeriod$24,000 3.75 %July 2021June 2022
Kypros Land 12
77,100 2014JapanPeriod$13,800 3.75 %August 2020August 2022
BPI 82 5TC * 97% - $2,1503.75 %August 2022August 2025
Kypros Sea 77,100 2014JapanPeriod$13,800 3.75 %July 2020July 2022
BPI 82 5TC * 97% - $2,1503.75 %July 2022July 2025
Kypros Bravery 78,0002015JapanPeriod$11,750 3.75 %August 2020August 2022
BPI 82 5TC * 97% - $2,1503.75 %August 2022August 2025
Kypros Sky 10
77,100 2015JapanPeriod$11,750 3.75 %August 2020August 2022
BPI 82 5TC * 97% - $2,1503.75 %August 2022August 2025
Kypros Loyalty 78,000 2015JapanPeriod$11,750 3.75 %July 2020July 2022
BPI 82 5TC * 97% - $2,1503.75 %July 2022July 2025
Kypros Spirit 10
78,000 2016JapanPeriod$13,800 3.75 %July 2020July 2022
BPI 82 5TC * 97% - $2,1503.75 %July 2022July 2025
Kamsarmax
Pedhoulas Merchant82,3002006JapanPeriod$27,200 5.00 %June 2021April 2022
Pedhoulas Trader82,3002006JapanPeriod15,500 +50% of 98% BKI 825.00 %November 2021June 2022
Pedhoulas Leader82,300 2,007 JapanDry dockingOctober 2021November 2021
Period$28,750 5.00 %November 2021July 2022
Pedhoulas Commander83,7002008JapanPeriod$20,500 5.00 %August 2021November 2022
Pedhoulas Fighter 17
81,6002012China
Period 18
$19,700 5.00 %April 2021November 2021
Pedhoulas Cherry82,0002015China
Period 19
$23,000 5.00 %July 2021March 2022
Pedhoulas Rose 6
82,0002017China
Pedhoulas Cedrus 13
81,8002018JapanPeriod$27,800 3.75 %July 2021May 2022



Vessel NameDwt
Year
Built 1
Country of
Construction		Charter
Type
Charter
Rate 2
Commissions 3
Charter Period 4
Post-Panamax
Marina87,0002006JapanSpot$35,500 5.00 %September 2021November 2021
Xenia87,0002006Japan
Period 19
$24,200 5.00 %September 2021June 2022
Sophia87,0002007JapanPeriod$25,000 5.00 %July 2021November 2021
Eleni87,0002008Japan
Period 19
$27,850 5.00 %June 2021November 2021
Martine87,0002009Japan
Period 19
$15,100 5.00 %June 2021August 2022
Andreas K92,0002009South KoreaSpot$27,000 5.00 %September 2021November 2021
Panayiota K 11
92,0002010South Korea
Spot
$28,500 5.00 %September 2021November 2021
Agios Spyridonas11
92,0002010South Korea
Spot
$38,000 3.75 %October 2021December 2021
Venus Heritage 12
95,8002010Japan
Spot
$31,150 5.00 %August 2021November 2021
Venus History 12
95,800 2011JapanSpot$34,000 5.00 %October 2021November 2021
Venus Horizon95,800 2012JapanSpot$38,100 5.00 %September 2021October 2021
Spot$44,500 5.00 %October 2021December 2021
Venus Harmony95,7002013JapanSpot$46,000 5.00 %October 2021December 2021
Troodos Sun 20
85,0002016JapanPeriodBPI 82 5TC * 114%5.00 %June 2021March 2023
Troodos Air85,0002016Japan
Period 19
$16,350 5.00 %March 2021May 2022
Troodos Oak 85,0002020JapanPeriod$29,400 3.75 %July 2021May 2022
Capesize
Mount Troodos181,4002009Japan
Period 18
$26,600 5.00 %April 2021January 2022
Kanaris178,1002010China
Period 7
$25,928 2.50 %September 2011September 2031
Pelopidas176,0002011ChinaPeriod$38,000 5.00 %January 2012December 2021
Lake Despina 9
181,4002014Japan
Period
BCI * 119%5.00 %February 2021January 2022
Period 8
$25,200 5.00 %January 2022January 2025
TOTAL3,721,300
Orderbook
Stelios Y 5
181,4002012Japan
Period 14
$24,400 5.00 %November 2021October 2024
TBN 15
82000Q2 2022
TBN82000Q4 2023
TBN82000Q4 2023
TBN82000Q1 2024
TBN82000Q1 2024
TBN87000Q3 2022
TBN87000Q1 2023
TBN87000Q2 2023
TOTAL852,400
(1) For existing vessels, the year represents the year built. For any newbuilds, the date shown reflects the expected delivery dates.
(2) Quoted charter rates are the recognized daily gross charter rates. For charter parties with variable rates among periods or consecutive charter parties with the same charterer, the recognized gross daily charter rate represents the weighted average gross daily charter rate over the duration of the applicable charter period or series of charter periods, as applicable. In the case of a charter agreement that provides for additional payments, namely ballast bonus to compensate for vessel repositioning, the gross daily charter rate presented has been adjusted to reflect estimated vessel repositioning expenses. Gross charter rates are inclusive of commissions. Net charter rates are charter rates after the payment of commissions. In the case of voyage charters, the charter rate represents revenue recognized on a pro rata basis over the duration of the voyage from load to discharge port less related voyage expenses.
(3) Commissions reflect payments made to third-party brokers or our charterers.
(4) The start dates listed reflect either actual start dates or, in the case of contracted charters that had not commenced as of October 29, 2021, the scheduled start dates. Actual start dates and redelivery dates may differ from the referenced scheduled start and redelivery dates depending on the terms of the charter and market conditions and does not reflect the options to extend the period time charter.
(5) The Company has entered an agreement for the acquisition of the Japanese 2012-built Capesize class vessel to be named MV Stelios Y.
(6) MV Pedhoulas Rose was sold and leased back, in 2017 on a bareboat charter basis for a period of 10 years, with a purchase obligation at the end of the bareboat charter period and purchase options in favor of the Company after the second year of the bareboat charter, at annual intervals and predetermined purchase prices.
(7) Charterer of MV Kanaris agreed to reimburse us for part of the cost of the scrubbers and BWTS to be installed on the vessel, which is recorded by increasing the recognized daily charter rate by $634 over the remaining tenor of the time charter party.
(8) A period time charter with forward delivery date, for a duration of 3 years at a gross daily charter rate of $22,500 plus an one-off $3.0 million payment upon charter commencement, scheduled for end January to end May 2022. The charter agreement also grants the charterer an option to extend the period time charter for an additional year at a gross daily charter rate of $27,500.
(9) MV Lake Despina was sold and leased back in April 2021 on a bareboat charter basis for a period of seven years with a purchase option in favor of the Company five years and six months following the commencement of the bareboat charter period at a predetermined purchase price.
(10) MV Kypros Sky and MV Kypros Spirit were sold and leased back in December 2019 on a bareboat charter basis for a period of eight years, with purchase options in favor of the Company commencing three years following the commencement of the bareboat charter period and a purchase obligation at the end of the bareboat charter period, all at predetermined purchase prices.


(11) MV Panayiota K and MV Agios Spyridonas were sold and leased back in January 2020 on a bareboat charter basis for a period of six years, with purchase options in favor of the Company commencing three years following the commencement of the bareboat charter period and a purchase obligation at the end of the bareboat charter period, all at predetermined purchase prices.
(12) MV Zoe, MV Kypros Land, MV Venus Heritage and MV Venus History were sold and leased back in November 2019, on a bareboat charter basis, one for a period of eight years and three for a period of seven and a half years, with a purchase option in favor of the Company five years and nine months following the commencement of the bareboat charter period at a predetermined purchase price.
(13) MV Pedhoulas Cedrus was sold and leased back in February 2021 on a bareboat charter basis for a period of ten years with a purchase option in favor of the Company three years following the commencement of the bareboat charter period and a purchase obligation at the end of the bareboat charter period, all at predetermined purchase prices.
(14) In October 2021, the Company entered into a period time charter for MV Stelios Y, for a duration of 3 years at a gross daily charter rate of $24,400, which is expected to commence in November 2021 upon delivery of the vessel to the Company by her present owners. The charter agreement also grants the charterer an option to extend the period time charter for an additional year at a gross daily charter rate of $26,500.
(15) The newbuild vessel will be sold and leased back upon delivery in 1H 2022, on a bareboat charter basis for a period of ten years with a purchase option in favor of the Company three years following the commencement of the bareboat charter period and a purchase obligation at the end of the bareboat charter period, all at predetermined purchase prices.
(16) The Company has entered an agreement to sell the vessel which was delivered to her new owners in November 2021.
(17) The Company has entered an agreement to sell the vessel with expected delivery to her new owners within the fourth quarter of 2021.
(18) Scrubber benefit was agreed on the basis of fuel consumption of heavy fuel oil and the price differential between the heavy fuel oil and the compliant fuel cost for the voyage and is included on the daily gross charter rate presented.
(19) Scrubber benefit was agreed on the basis of fuel consumption of heavy fuel oil and the price differential between the heavy fuel oil and the compliant fuel cost for the voyage and is not included on the daily gross charter rate presented..
(20) MV Troodos Sun was sold and leased back in September 2021 on a bareboat charter basis for a period of ten years, with purchase options in favor of the Company commencing three years following the commencement of the bareboat charter period and a purchase obligation at the end of the bareboat charter period, all at predetermined purchase prices.



C. Selected Unaudited Financial and Operations Information

The following tables present selected unaudited consolidated financial and other data of Safe Bulkers, Inc. for each of the nine -month period ended September 30, 2020 and 2021 and as of December 31, 2020 and September 30, 2021. The unaudited financial statement data was derived from our interim unaudited consolidated condensed financial statements and notes thereto included elsewhere herein. All amounts are in thousands of U.S. Dollars, except for per share data, fleet data, par value data and average daily results.
Nine -month period ended September 30,
20202021
STATEMENT OF OPERATIONS
Revenues$151,632 $247,032 
Commissions(5,703)(10,442)
Net revenues145,929 236,590 
Voyage expenses(36,866)(9,284)
Vessel operating expenses(54,716)(53,467)
Depreciation(40,395)(39,153)
General and administrative expenses
Management fee to related parties(13,849)(14,636)
Company administration expenses(1,976)(2,388)
Early redelivery income — 7,470 
Gains on sale of vessels— 632 
Operating (loss)/income(1,873)125,764 
Interest expense(16,900)(11,826)
Other finance costs(467)(462)
Interest income563 63 
Loss on derivatives(1,009)(1,977)
Foreign currency gain/(loss)491 (611)
Amortization and write-off of deferred finance charges(1,324)(1,808)
Net (loss)/income$(20,519)$109,143 
Less Preferred dividend8,622 8,318 
Less/(plus) Mezzanine equity measurement495 (271)
Net (loss)/income available to common shareholders(29,636)101,096 
(Loss)/Earnings per share of Common Stock, basic and diluted$(0.29)$0.91 
Cash dividends declared per share of Common Stock$— $— 
Cash dividends declared per share of Preferred C Shares$1.50 $1.50 
Cash dividends declared per share of Preferred D Shares$1.50 $1.50 
Weighted average number of shares of Common Stock outstanding, basic and diluted102,762,932 111,044,439 


Nine -month period ended September 30,
20202021
CASH FLOW DATA
Net cash provided by operating activities$34,206 $154,014 
Net cash used in investing activities(35,531)(3,832)
Net cash used in financing activities(8,143)(154,445)
Net decrease in cash and cash equivalents and restricted cash(9,468)(4,263)


As of December 31,As of September 30,
20202021
BALANCE SHEET DATA
Total current assets134,734 139,817 
Total fixed assets951,290 909,401 
Other non-current assets19,605 14,590 
Total assets1,105,629 1,063,808 
Total current liabilities104,715 66,219 
Long-term debt, net of current portion and of deferred finance charges531,883 371,311 
Other non-current liabilities6,172 9,489 
Total liabilities642,770 447,019 
Mezzanine equity18,112 — 
Total shareholders’ equity444,747 616,789 
Total liabilities and shareholders’ equity1,105,629 1,063,808 

The following table reflects our ownership days, available days, time charter equivalent rates, daily vessel operating expenses, daily vessel operating expenses excluding drydocking and pre-delivery expenses, daily general and administrative expenses for the periods indicated:
 Nine -month period ended September 30,
FLEET DATA20202021
Number of vessels at period’s end4239
Average age of fleet (in years)9.910.3
Ownership days (1)11,402 11,307 
Available days (2)10,972 11,165 
Average number of vessels in the period (3)41.6 41.4 
AVERAGE DAILY RESULTS
Time Charter Equivalent Rate (4)$9,940 $20,359 
Daily vessel operating expenses (5) $4,799 $4,729 
Daily vessel operating expenses excluding drydocking and pre-delivery expenses (6)$4,318 $4,511 
Daily general and administrative expenses (7) $1,388 $1,506 

The following table reflects our computation of time charter equivalent revenue and time charter equivalent rate for the periods indicated:


 
 Nine -month period ended September 30,
 20202021
Time Charter Equivalent Rate Reconciliation(in thousands of U.S. dollars except available days and
time charter equivalent rate)
Revenues$151,632 $247,032 
Less commissions(5,703)(10,442)
Less voyage expenses(36,866)(9,284)
Time charter equivalent revenue$109,063 $227,306 
Available days (2)10,972 11,165 
Time charter equivalent rate (4)$9,940 $20,359 

(1) Ownership days represents the aggregate number of days in a period during which each vessel in our fleet has been owned by us.
(2) Available days represents the total number of days in a period during which each vessel in our fleet was in our possession, net of off-hire days associated with scheduled maintenance, which includes major repairs, drydockings, vessel upgrades or special or intermediate surveys.
(3) Average number of vessels in the period is calculated by dividing ownership days in the period by the number of days in that period.
(4) Time charter equivalent rate, or TCE rate, represents our charter revenues less commissions and voyage expenses during a period divided by the number of
available days during such period. TCE rate is a standard shipping industry performance measure used primarily to compare daily earnings generated by vessels
on period time charters and spot time charters with daily earnings generated by vessels on voyage charters, because charter rates for vessels on voyage charters
are generally not expressed in per day amounts, while charter rates for vessels on period time charters and spot time charters generally are expressed in such
amounts. We have only rarely employed our vessels on voyage charters and, as a result, generally our TCE rates approximate our time charter rates.
(5) Daily vessel operating expenses are calculated by dividing vessel operating expenses for the relevant period by ownership days for such period. Vessel
operating expenses include crewing, insurance, lubricants, spare parts, provisions, stores, repairs, maintenance including dry-docking, statutory and classification expenses and other miscellaneous items.
(6) Daily vessel operating expenses excluding dry-docking and pre-delivery expenses are calculated by dividing vessel operating expenses excluding dry-docking and pre-delivery expenses for the relevant period by ownership days for such period. Dry-docking expenses include costs of shipyard, paints and agent expenses and pre-delivery expenses include initially supplied spare parts, stores, provisions and other miscellaneous items provided to a newbuild prior to its operation.
(7) Daily general and administrative expenses are calculated by dividing general and administrative expenses for the relevant period by ownership days for such
period. Daily general and administrative expenses include daily management fees payable to our Managers and daily company administration expenses.







D. Results of Operations

Nine -month period ended September 30, 2021 compared to Nine -month period ended September 30, 2020
 
Net income attributed to common shareholders was $101.1 million, or earnings per share of $0.91, in the nine -month period ended September 30, 2021, from net loss available to common shareholders of $29.6 million, or loss per share of $0.29, in the nine -month period ended September 30, 2020. The change from net loss to net income attributed to common shareholders of $130.7 million is attributed mainly to: (a) Net revenues increased by $90.7 million from $145.9 million to $236.6 million, (b) voyage expenses of $9.3 million compared to $36.9 million, (c) early redelivery income of $7.5 million compared to zero, (d) interest expense of $11.8 million, compared to $16.9 million, (e) depreciation of $39.2 compared to $40.4 and (f) gain on sale of vessels of $0.6 million, compared to zero, partially offset by the increased general and administrative expenses of $17.0 compared to $15.8 and the loss on derivatives of $2.0 million compared to $1.0 million, for the nine -month period ended September 30, 2021 and 2020, respectively.

During the nine -month period ended September 30, 2021, we had an average of 41.4 drybulk vessels in our fleet. During the nine -month period ended September 30, 2020, we had an average of 41.6 drybulk vessels in our fleet.
 
During the nine -month period ended September 30, 2021, we acquired Paraskevi 2 and Koulitsa 2, both Panamax second-hand vessels, and sold Paraskevi and Vassos and Maria, all Panamax vessels, Pedhoulas Builder and Pedhoulas Farmer both Kamsarmax vessels.

During the nine -month period ended September 30, 2020, we acquired Troodos Oak, a Post-Panamax resale newbuild vessel.

Revenues
 
Revenues increased by 63%, or $95.4 million, to $247.0 million during the nine -month period ended September 30, 2021 from $151.6 million during the nine -month period ended September 30, 2020, as a result of the improved market, assisted by the additional revenues earned by our scrubber fitted vessels.
 
Commissions
 
Commissions to unaffiliated ship brokers, other brokers associated with our charterers and our charterers during the nine -month period ended September 30, 2021 amounted to $10.4 million, an increase of $4.7 million, or 82%, compared to $5.7 million during the nine -month period ended September 30, 2020 mainly due to the increase in our revenue earned, together with a slight increase in commission rates. Commissions as a percentage of revenues increased to 4.2% of revenues during the nine -month period ended September 30, 2021 compared to 3.8% of revenues during the nine -month period ended September 30, 2020.
 
Vessel operating expenses
 
Vessel operating expenses decreased by 2% to $53.5 million during the nine -month period ended September 30, 2021 from $54.7 million during the nine -month period ended September 30, 2020, due to

i.the decrease of ownership days by 1% from 11,402 in 2020 to 11,307 in 2021,
ii.the decrease of repairs, maintenance and drydocking costs by 41% to $5.5 million during nine -month period ended September 30, 2021, compared to $9.3 million during the nine -month period ended September 30, 2020, primary due to zero drydockings during the nine -month period ended September 30, 2021, compared to four completed and one partially completed dry dockings for the same period of 2020,
iii.the decrease in the cost for spares, stores and provisions by 3% to $11.7 million during the nine -month period ended September 30, 2021 compared to $12.0 million during the nine -month period ended September 30, 2020 due to zero drydockings performed during the nine -month period ended September 30, 2021, compared to four completed and one partially completed for the same period of 2020, and which are affecting costs of spares, and
iv.partially offset by the increase in crew wages and related cost by 11% to $28.0 million during the nine -month period ended September 30, 2021, compared to $25.2 million during the nine -month period ended September 30, 2020, mainly due to increased crew changes performed in the current period as a result of COVID 19 restrictions.




The Company expenses drydocking and pre-delivery costs as incurred, which costs may vary from period to period. Drydocking expense is related to the number of drydockings in each period and pre-delivery expense is related to the number of vessel deliveries in each period. Excluding dry-docking and pre-delivery costs of $2.5 million and $5.5 million for the nine -month period ended September 30, 2021 and 2020, respectively, vessel operating expenses increased by 4% to $51.0 million during the nine -month period ended September 30, 2021, compared to $49.2 million during the nine -month period ended September 30, 2020. Certain other shipping companies may defer and amortize drydocking expense.

Daily operating expenses, calculated by dividing vessel operating expenses by the ownership days of the relevant period, decreased by 1% to $4,729 during the nine -month period ended September 30, 2021 from $4,799 during the nine -month period ended September 30, 2020. Daily operating expenses, excluding vessel drydocking and pre-delivery costs, increased by 4% to $4,511 during the nine -month period ended September 30, 2021 from $4,318 during the nine -month period ended September 30, 2020.

Voyage expenses
 
During the nine -month period ended September 30, 2021, we recorded voyage expenses of $9.3 million, compared to $36.9 million during the nine -month period ended September 30, 2020. The decrease is mainly due to the net effect of decreased vessel repositioning expenses, lower loss on bunkers sales and reduced bunker consumption costs for scrubber fitted vessels under charter agreements which provide for variable consideration based on the bunker consumption.

Depreciation
 
Depreciation expense decreased by 3% to $39.2 million during the nine -month period ended September 30, 2021, compared to $40.4 million during the nine -month period ended September 30, 2020, as a result of the cessation of depreciation for the vessels Paraskevi and Vassos which were classified as assets held for sale during the fourth quarter of 2020 and during the first quarter of 2021, respectively, for the vessels Pedhoulas Builder, Pedhoulas Farmer, Koulitsa and Maria which were all classified as assets held for sale during the second quarter of 2021 and Pedhoulas Fighter which was classified as an asset held for sale during the third quarter of 2021, partially offset by the acquisition of the MV Paraskevi 2 during the first quarter of 2021 and Koulitsa 2 during the third quarter of 2021.

Interest expense 
 
Interest expense decreased by 30% to $11.8 million during the nine -month period ended September 30, 2021, compared to $16.9 million, during the nine -month period ended September 30, 2020. This was the result of the decrease in the weighted average interest rate of our outstanding indebtedness of 2.691% per annum (“p.a.”) for the nine -month period ended September 30, 2021, compared to the weighted average interest rate of our outstanding indebtedness of 3.584% p.a. for the nine -month period ended September 30, 2020, and the decrease in average loans outstanding of $579.8 million during the nine -month period ended September 30, 2021, compared to the average loans outstanding of $625.6 million during the nine -month period ended September 30, 2020. The total principal amount of loans outstanding as of September 30, 2021 was $418.8 million, compared to $613.7 million as of September 30, 2020.
 

Cash Flows
 
Cash and cash equivalents increased to $94.5 million as of September 30, 2021, compared to $64.0 million as of September 30, 2020. We consider highly liquid investments such as time deposits and certificates of deposit with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents were primarily held in U.S. dollars.
 
Net Cash Provided by Operating Activities
 
Net cash provided by operating activities amounted to $154.0 million in the nine -month period ended September 30, 2021 and $34.2 million in the nine -month period ended September 30, 2020, consisting of net income after non-cash items of $146.2 million and $22.7 million respectively plus an increase in working capital of $7.8 million during the nine -month period ended September 30, 2021, and an increase in working capital of $11.5 million during the same period of 2020, respectively.



The major drivers of the increase in the net cash provided by operating activities are mainly attributable to the higher revenues we earned from chartering our vessels and the decrease in the voyage and interest expenses during the nine -month period ended September 30, 2021, compared to the same period of 2020.

Net Cash Used in Investing Activities
 
Net cash flows used in investing activities were $3.8 million for the nine -month period ended September 30, 2021 compared to $35.5 million for the nine -month period ended September 30, 2020. The decrease in cash flows used in investing activities of $31.7 million from the nine -month period ended September 30, 2020 is mainly attributable to the following factors: (i) an increase of $70.6 million in net proceeds from sale of five of our vessels during the first nine months of 2021, from zero during the same period of 2020, (ii) a net decrease of $10.6 million in time deposits during the nine -month period ended September 30, 2021, compared to a net decrease of $3.9 million during the same period of 2020, partially offset by an increase of $45.6 million in payments for vessel acquisitions and advances for vessels under construction and major improvements during the nine -month period ended September 30, 2021, compared to the same period of 2020.
 
    Net Cash Used in Financing Activities

Net cash flows used in financing activities were $154.5 million for the nine -month period ended September 30, 2021, compared to $8.1 million for the nine -month period ended September 30, 2020. This increase in cash flows used in financing activities of $146.4 million, compared to the nine -month period ended September 30, 2020, is mainly attributable to (i) an increase of $255.8 million in long term debt principal payments and loan prepayments, (ii) an increase of $0.9 million in payments of deferred financing costs, (iii) the cash outflows relating to the redemption of preferred stock in one of our subsidiaries of $17.7 million partially offset by an increase in proceeds from long-term debt of $50.4 million, proceeds of $71.5 million from sale of common stock under our “at-the-market” equity offering program, and a decrease in repurchases of common and preferred stock of $6.1 million, for the nine -month period ended September 30, 2021 compared to the nine -month period ended September 30, 2020.

E. Loan Facilities

In September 2021, the Company entered into a new credit facility of $60.0 million with a five-year tenor secured by five vessels, comprising of a term loan tranche of $30.0 million and a revolving credit facility tranche providing for a draw down capacity of up to $30.0 million reducing from its fourth year onwards. This agreement represents the Company’s first sustainability linked credit facility and incorporates an incentive discount on interest rate, linked to independently verified predetermined emission targets. The proceeds from the credit facility were used to refinance loan facilities with the same financial institution with an outstanding term loan of $71.1 million and a revolving credit facility tranche with a drawdown capacity of $7.0 million, secured by six vessels and maturing in 2024. Five of those vessels secure the new credit facility and one has remained debt free. The Company does not intend to utilize the full capacity of the reducing revolving credit facility tranche at this time. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company.

In October 2021, the Company signed a commitment letter for a new credit facility of $100.0 million with a five-year tenor to be secured by six vessels, which will comprise a term loan tranche of $50.0 million and a revolving credit facility tranche providing for a draw down capacity of up to $50.0 million reducing from its fourth year onwards. The anticipated proceeds from the credit facility will be used to refinance loan facilities of an aggregate outstanding amount of $50.0 million secured by the five vessels and maturing up to 2024 and the repurchase of one vessel under a sale and leaseback agreement for an amount of $20.7 million. The Company does not intend to utilize the full capacity of the reducing revolving credit facility tranche at this time. The agreement is expected to contain financial covenants in line with the existing loan and credit facilities of the Company.

For other information relating to our credit facilities, please see Note 7 to our unaudited interim condensed consolidated financial statements included elsewhere herein.

F. Liquidity and Capital Resources as of September 30, 2021
 


We had $108.6 million in cash, cash equivalents, bank time deposits and restricted cash, $88.9 million in undrawn borrowing capacity available under revolving reducing credit facilities and $46.2 million in secured commitments for loan and sale and lease back agreements, in relation to two newbuild vessels. Furthermore, we have additional borrowing capacity in relation to three unencumbered vessels held for use and to six newbuilds upon their delivery.

We had a fleet of 39 vessels, two of which have been committed to be sold but have not yet been delivered to their new owners. In addition, the Company had committed to the purchase of one second-hand Panamax and a second-hand Capesize vessel, and had placed orders for eight newbuild vessels.

The remaining capital expenditure requirements amount to $264.2 million in aggregate, consisting of $216.6 million in relation to the eight newbuild vessels, $46.8 million in relation to the acquisition of the two second-hand vessels and $0.8 million in relation to one exhaust gas cleaning device (‘Scrubber’) and ballast water treatment systems (‘BWTS’) retrofits. The remaining capital expenditure are scheduled to be paid as follows $24.8 million in 2021, $81.4 million in 2022, $110.6 million in 2023 and $47.4 million in 2024

The expected gross proceeds in relation to the committed sales of the two vessels were $37.3 million.

We had $418.8 million of outstanding consolidated debt before deferred financing costs, reduced from $616.2 as of December 31, 2020. During the nine -month period ended September 30, 2021, we prepaid debt in relation to vessels sales or debt refinancing in the aggregate amount of $282.4 million, made scheduled principal payments of $43.8 million and had loan drawdowns of $128.8 million.

G. Liquidity and Capital Resources as of October 29, 2021

We had $92.2 million in cash, cash equivalents, bank time deposits, restricted cash, $88.9 million in undrawn borrowing capacity available under revolving credit facilities and $46.2 million in secured commitments including sale and lease back agreements in relation to two newbuild vessels. Furthermore, the Company upon the expected consummation of the agreement for the new credit facility of $50.0 million term loan and $50.0 million revolving reducing tranche, for which a commitment letter has been signed, and following full repayment of the relevant obligations of $70.7 million, will have an additional incremental revolving reducing credit facility of $29.3 million, resulting to an aggregate expected undrawn borrowing capacity available under revolving reducing credit facilities of $118.2 million. We have additional borrowing capacity in relation to four unencumbered vessels held for use and to six newbuilds upon their delivery.

We had a fleet of 40 vessels, two of which have been committed to be sold but have not yet been delivered to their new owners. In addition, the Company had committed to the purchase of one second-hand Capesize vessel, and had placed orders for eight newbuild vessels.

The remaining capital expenditure requirements were $245.2 million in aggregate, consisting of $216.3 million in relation to the eight newbuild vessels, $28.1 million in relation to the second-hand acquisition and $0.8 million in relation to one exhaust gas cleaning device (‘Scrubber’) and ballast water treatment systems (‘BWTS’) retrofits. The remaining capital expenditure are scheduled to be paid as follows $5.8 million were payable in 2021, $81.4 million in 2022, $110.6 million in 2023 and $47.4 million in 2024.

The remaining proceeds in relation to committed sale of the two vessels were $37.3 million.

We had $401.9 million of outstanding consolidated debt before deferred financing costs, reduced from $418.8 million as of September 30, 2021.
 
Our primary liquidity needs are to fund financing expenses, debt repayment or refinancing, vessel operating expenses, general and administrative expenses, capital expenditure requirements related to BWTS, and dividend payments to our stockholders. We anticipate that our primary sources of funds will be existing cash and cash equivalents and bank time deposits, cash generated from operations, available borrowing capacity of up to $88.9 million available under the revolving credit facility and $46.2 million from available commitments under loans and sale and lease back financing as of September 30, 2021 and, possibly, other future equity or debt financing.
 
In our opinion, the contracted cash flow from operations, the available borrowing capacity, and the existing cash and cash equivalents will be sufficient to fund the operations of our fleet and any other present financial requirements of the Company, including our working capital requirements, and our capital expenditure requirements at least through the end of 2022. However, we may seek additional indebtedness to refinance our debt and to maintain a strong cash position. Future needs in relation to financing and investing activities may involve refinancing of existing debt and financing of any future fleet


replacement and expansion program or fleet upgrades and improvements. Our ability to obtain bank financing or to access the capital markets for future offerings may be limited by our financial condition at the time of any such financing or offering, including the actual or perceived credit quality of our charterers and the market value of our fleet, as well as by adverse market conditions resulting from, among other things, general economic conditions, weakness in the financial and equity markets and contingencies and uncertainties that are beyond our control. To the extent that market conditions deteriorate, charterers may default or seek to renegotiate charter contracts, and vessel valuations may decrease, resulting in a breach of our debt covenants. In addition, refinancing of our existing debt in the future may be difficult. Our contracted revenues may decrease and we may be required to make additional prepayments under existing loan facilities, resulting in additional financing needs. If we acquire additional vessels, our capital expenditure requirements will increase and we will need to rely on existing cash and time deposits, debt financing and operating cash surplus.
 
A failure to satisfy our financial commitments could result in the acceleration of our indebtedness and foreclosure on our vessels. Such events could adversely impact the dividends we intend to pay, and could have a material adverse effect on our business, financial condition and results of operations.

We have not paid any dividends to our common stockholders since the second quarter of 2015. During 2020, we declared and paid four quarterly consecutive dividends of $0.50 per share for each of the Series C Preferred Shares, totaling $4.6 million, and Series D Preferred Shares, totaling $6.4 million. During 2021, we declared four quarterly consecutive dividends of $0.50 per share for each of the Series C Preferred Shares, totaling $4.6 million, and Series D Preferred Shares, totaling $6.4 million, of which we have paid $3.5 million of the Series C Preferred Shares and $4.8 million of the Series D Preferred Shares, with $1.1 million of the Series C Preferred Shares and $1.6 million of the Series D Preferred Shares being payable on November 1, 2021.

Our future liquidity needs will impact our dividend policy. The declaration and payment of dividends, if any, will always be subject to the discretion of our board of directors. The timing and amount of any dividends declared will depend on, among other things: (i) our earnings, financial condition and cash requirements and available sources of liquidity; (ii) decisions in relation to our leverage and growth strategies; (iii) provisions of Marshall Islands and Liberian law governing the payment of dividends; (iv) restrictive covenants in our existing and future debt instruments; and (v) global financial conditions. Dividends on our common stock might continue not to be paid in the future. In addition, cash dividends on our common stock are subject to the priority of dividends on our preferred shares.

H. Sales of equity securities

Common Stock

In August 2020, the Company filed a prospectus supplement with the Securities and Exchange Commission (“SEC”), under which it could offer and sell shares of its common stock (“Shares”)for aggregate gross offering proceeds of up to $23.5 million from time to time through an “at-the-market” equity offering program (the “ATM Program”). In May 2021, the Company filed a supplement to its prospectus supplement to increase the capacity under the ATM Program to allow for sales of Shares for aggregate gross offering proceeds of up to $100.0 million under the ATM Program.

As of September 30, 2021, the Company had sold 19,417,280 shares of common stock under the ATM Program with aggregate gross offering proceeds to the Company of $73.0 million. Shares of common stock with aggregate gross offering proceeds of up to approximately $27.0 million remain available for sale.

As of October 29, 2021, the Company had 121,640,839 shares of common stock issued and outstanding. Details on the shares sold under the ATM Program are set forth in the table below:



PeriodTotal Number of Shares of Common Stock soldAverage Price per Share of Common Stock soldTotal Number of Common Shares sold as Part of Publicly Announced Plans or Programs
February 20211,204,946 $2.81 1,204,946
March 20213,350,374$2.863,350,374
May 20212,466,303 $3.95 2,466,303
June 202110,249,383$3.9110,249,383
August 2021200,988$3.50200,988
September 20211,945,286$4.891,945,286
Total19,417,280$3.7619,417,280

I. Significant Accounting Policies and Critical Accounting Policies

For a description of all of our significant accounting policies, see Note 2 to our audited financial statements included in our Annual Report on Form 20-F for the year ended December 31, 2020 and Note 2 to our unaudited interim condensed consolidated financial statements included elsewhere herein. For a discussion of our critical accounting policies please see Item 5 included in our Annual Report on Form 20-F for the year ended December 31, 2020.

J. Recent Accounting Pronouncements

For a description of recent accounting pronouncements, see Note 2 to our unaudited interim condensed consolidated financial statements included elsewhere herein.



INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and the Board of Directors of
Safe Bulkers, Inc.
Majuro, Republic of the Marshall Islands.
Results of Review of Interim Financial Information

We have reviewed the accompanying condensed consolidated balance sheet of Safe Bulkers Inc. and subsidiaries (the "Company") as of September 30, 2021, the related condensed consolidated statements of operations, shareholders' equity, and cash flows, for the nine-month periods ended September 30, 2021 and 2020, and the related notes (collectively referred to as the "interim financial information"). Based on our reviews, we are not aware of any material modifications that should be made to the accompanying interim financial information for it to be in conformity with accounting principles generally accepted in the United States of America.

We have previously audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheet of the Company as of December 31, 2020 and the related consolidated statement of operations, shareholders’ equity, and cash flows, for the year then ended (not presented herein); and in our report dated March 30, 2021, we expressed an unqualified opinion on those consolidated financial statements. In our opinion, the information set forth in the accompanying condensed consolidated balance sheet as of December 31, 2020, is fairly stated, in all material respects, in relation to the consolidated balance sheet from which it has been derived.

Basis for Review Results

This interim financial information is the responsibility of the Company's management. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our reviews in accordance with standards of the PCAOB. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with the standards of the PCAOB, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion.

/s/ Deloitte Certified Public Accountants S.A.
Athens, Greece
November 5, 2021

F-1


SAFE BULKERS, INC.
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2020 AND SEPTEMBER 30, 2021
(In thousands of U.S. Dollars, except for share and per share data)
  December 31September 30,
 Notes20202021
ASSETS 
CURRENT ASSETS: 
Cash and cash equivalents $90,038 $94,500 
Time deposits 11,780 1,230 
Accounts receivable 4,884 4,521 
Assets held for sale68,057 25,701 
Due from Manager348 — 
Inventories 12,036 7,213 
Derivatives assets current1299 — 
Accrued revenue557 1,659 
Restricted cash 3,400 1,614 
Prepaid expenses and other current assets 3,835 3,379 
Total current assets $134,734 $139,817 
FIXED ASSETS: 
Vessels, net4942,164 851,549 
Advances for vessels59,126 57,852 
Total fixed assets 951,290 909,401 
OTHER NON CURRENT ASSETS: 
Deferred financing costs160 198 
Restricted cash 18,754 11,276 
Derivative assets – Long-term1254 2,771 
Accrued revenue - Long-term75 230 
Other non current assets562 115 
Total assets 1,105,629 1,063,808 
LIABILITIES AND SHAREHOLDERS’ EQUITY 
CURRENT LIABILITIES: 
Current portion of long-term debt, net775,784 34,394 
Liability directly associated with assets held for sale3,983 8,046 
Unearned revenue6,223 11,610 
Trade accounts payable 13,480 7,500 
Accrued liabilities4,663 4,260 
Derivative liabilities12582 362 
Due to Manager3— 47 
Total current liabilities 104,715 66,219 
LONG-TERM LIABILITIES
Long-term debt, net7531,883 371,311 
Unearned revenue - Long-term3,536 6,978 
Derivative liabilities – Long-term121,396 295 
Other non-current liabilities1,240 2,216 
Total liabilities 642,770 447,019 
COMMITMENTS AND CONTINGENCIES9
MEZZANINE EQUITY - Redeemable non-controlling interest
18,112 — 
SHAREHOLDERS’ EQUITY: 
Common stock, $0.001 par value; 200,000,000 authorized, 102,174,594 and 121,634,602 issued and outstanding at December 31, 2020 and September 30, 2021, respectively
8102 122 
Preferred stock, $0.01 par value; 20,000,000 authorized, 2,297,504 and 2,297,504 Series C Preferred Shares, 3,195,050 and 3,195,050 Series D Preferred Shares, issued and outstanding at December 31, 2020 and September 30, 2021, respectively
55 55 
Additional paid in capital 354,284 425,210 
Retained earnings 90,306 191,402 
Total shareholders’ equity 444,747 616,789 
Total liabilities, mezzanine equity and shareholders’ equity 1,105,629 1,063,808 
                
            The accompanying notes are an integral part of these interim condensed consolidated financial statements.
F-2


SAFE BULKERS, INC.
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2020 AND 2021
(In thousands of U.S. Dollars, except for share and per share data)
Periods Ended September 30,
Notes20202021
REVENUES:   
Revenues10$151,632 $247,032 
Commissions (5,703)(10,442)
Net revenues 145,929 236,590 
EXPENSES: 
Voyage expenses (36,866)(9,284)
Vessel operating expenses11(54,716)(53,467)
Depreciation4(40,395)(39,153)
General and administrative expenses 
- Management fee to related parties3(13,849)(14,636)
- Company administration expenses(1,976)(2,388)
Early redelivery income— 7,470 
Gain on sale of vessels— 632 
Operating (loss)/income (1,873)125,764 
OTHER (EXPENSE)/INCOME: 
Interest expense(16,900)(11,826)
Other finance cost(467)(462)
Interest income 563 63 
Loss on derivatives12(1,009)(1,977)
Foreign currency gain/(loss) 491 (611)
Amortization and write-off of deferred finance charges (1,324)(1,808)
Net (loss)/income (20,519)109,143 
Less Preferred dividend138,622 8,318 
Less/(plus) Mezzanine equity measurement495 (271)
Net (loss)/income available to common shareholders $(29,636)$101,096 
(Loss)/earnings per share in U.S. Dollars, basic and diluted14$(0.29)$0.91 
Weighted average number of shares, basic and diluted 102,762,932 111,044,439 
 
The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-3



SAFE BULKERS, INC. UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS
OF SHAREHOLDERS’ EQUITY FOR THE NINE MONTH PERIODS
ENDED September 30, 2020 AND 2021
(In thousands of U.S. Dollars)
 Common
Stock		Treasury
Stock		Preferred
Stock		Additional
Paid in
Capital		Retained
Earnings		Total
Balance as of January 1, 2020$104 $— $55 $356,963 $115,620 $472,742 
Net loss— — — — (20,519)(20,519)
Mezzanine equity measurement— — — — (495)(495)
Issuance of common stock3 — — 3,297 — 3,300 
Repurchase and cancellation of common stock(5)— — (6,007)— (6,012)
Repurchase and cancellation of preferred stock— — — (89)— (89)
Share based compensation— — — 90 — 90 
Preferred share dividends declared— — — — (8,624)(8,624)
Balance at September 30, 2020$102 $— $55 $354,254 $85,982 $440,393 
Balance as of December 31, 2020$102 $— $55 $354,284 $90,306 $444,747 
Net income— — — — 109,143 109,143 
Mezzanine equity measurement— — — — 271 271 
Issuance of common stock20 — — 71,517 — 71,537 
Offering expenses— — — (681)— (681)
Share based compensation— — — 90 — 90 
Preferred share dividends declared— — — — (8,318)(8,318)
Balance at September 30, 2021$122 $— $55 $425,210 $191,402 $616,789 

The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-4




SAFE BULKERS, INC.
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE NINE MONTH PERIODS ENDED September 30, 2020 AND 2021
(In thousands of U.S. Dollars)
September 30,
20202021
Cash Flows from Operating Activities:
Net (loss)/income(20,519)109,143 
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Depreciation40,395 39,153 
Gain on sale of vessels— (632)
Amortization and write-off of deferred finance charges1,324 1,808 
Unrealized loss/(gain) on derivatives1,452 (3,939)
Unrealized foreign exchange (gain)/loss(5)539 
Share based compensation90 90 
Change in:
Accounts receivable8,048 363 
Due from Manager477 48 
Inventories(1,178)5,130 
Accrued revenue(245)(1,257)
Prepaid expenses and other current assets366 456 
Due to Manager(9)47 
Trade accounts payable179 (6,019)
Accrued liabilities1,288 (774)
Other non-current liabilities780 1,029 
Unearned revenue1,763 8,829 
Net Cash Provided by Operating Activities34,206 154,014 
Cash Flows from Investing Activities:
Vessel advances(39,458)(85,030)
Proceeds from sale of vessels— 70,648 
Increase in bank time deposits(82,013)(1,230)
Maturity of bank time deposits85,940 11,780 
Net Used in Investing Activities(35,531)(3,832)
Cash Flows from Financing Activities:
Proceeds from long-term debt78,400 128,800 
Principal payments of long-term debt(70,513)(326,251)
Dividends paid(8,752)(8,452)
Payment of deferred financing costs(1,177)(2,029)
Proceeds on issuance of common stock— 71,537 
Repurchase of common stock(6,012)— 
Payment of common stock offering expenses— (343)
Repurchase of preferred stock(89)— 
Redemption of preferred stock— (17,707)
Net Cash Used in Financing Activities(8,143)(154,445)
Net decrease in cash, cash equivalents and restricted cash(9,468)(4,263)
Effect of exchange rate changes on cash, cash equivalents and restricted cash5 (539)
Cash, cash equivalents and restricted cash at beginning of year92,639 112,192 
Cash, cash equivalents and restricted cash at end of year83,176 107,390 
Supplemental cash flow information:
Cash paid for interest (excluding capitalized interest):14,162 11,170 
Non Cash Investing and Financing Activities:
Unpaid financing fees412 374 
Part payment of vessel advances through issuance of common stock and preferred stock3,300 — 
Unpaid capital expenditures2,543 1,166 
Reconciliation of Cash, Cash Equivalents and Restricted Cash:
Cash and cash equivalents64,022 94,500 


Restricted cash – Current assets2,000 1,614 
Restricted cash – Non current assets17,154 11,276 
Cash, cash equivalents and restricted cash shown in the statement of cash flows83,176 107,390 
The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-6


SAFE BULKERS, INC.

NOTES TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 
(In thousands of United States Dollars—except for share and per share data, unless otherwise stated)
 
1.    Basis of Presentation and General Information

Safe Bulkers, Inc., (“Safe Bulkers”) was formed on December 11, 2007, under the laws of the Republic of the Marshall Islands. Safe Bulkers’ common stock trades on the New York Stock Exchange (“NYSE”) under the symbol “SB.”

Polys Hajioannou and his family, by virtue of shares owned indirectly through various private entities are the controlling shareholders of Safe Bulkers, being the largest shareholders and as a result control the outcome of matters on which shareholders are entitled to vote, including the election of the entire board of directors and other significant corporate actions.

As of September 30, 2021, Safe Bulkers held 56 wholly-owned companies (which are referred to herein as “Subsidiaries”) which together owned and operated a fleet of 39 drybulk vessels.

Safe Bulkers and its Subsidiaries are collectively referred to in the notes to the consolidated financial statements as the “Company.”

The Company’s principal business is the ownership and operation of drybulk vessels. The Company’s vessels operate worldwide, carrying drybulk cargo for the world’s largest consumers of marine drybulk transportation services. Safety Management Overseas S.A., a company incorporated under the laws of the Republic of Panama (“Safety Management”) and Safe Bulkers Management Limited, a company incorporated under the laws of the Republic of Cyprus (“Safe Bulkers Management,” and, together with Safety Management, the “Managers,” and either of them “the Manager”), related parties both controlled by Polys Hajioannou, provide technical, commercial and administrative management services to the Company.

The accompanying consolidated financial statements include the operations, assets and liabilities of the Company, and of its Subsidiaries listed below:
Subsidiary Vessel Name Type Built
Maxeikosiexi Shipping Corporation (“Maxeikosiexi”)(1)(3)
 Koulitsa Panamax April 2003
Kerasies Shipping Corporation (“Kerasies”)(1)
 Katerina Panamax May 2004
Marathassa Shipping Corporation (“Marathassa”)(1)
 Maritsa Panamax January 2005
Kyotofriendo One Shipping Corporation (“Kyotofriendo One”)(2)(10)
 Paraskevi 2 Panamax April 2011
Maxeikositessera Shipping Corporation (“Maxeikositessera”)(2)
 Efrossini Panamax February 2012
Glovertwo Shipping Corporation (“Glovertwo”)(2)
 Zoe Panamax July 2013
Kyotofriendo Two Shipping Corporation (“Kyotofriendo Two”)(2)(11)
 Koulitsa 2 Panamax February 2013
Shikokutessera Shipping Inc. (“Shikokutessera”)(2)
 Kypros Land Panamax January 2014
Shikokupente Shipping Inc. (“Shikokupente”)(2)
 Kypros Sea Panamax March 2014
Gloverfour Shipping Corporation (“Gloverfour”)(2)
 Kypros Bravery Panamax January 2015
Shikokuokto Shipping Corporation (“Shikokuokto”)(2)
 Kypros Sky Panamax March 2015









F-7


Subsidiary Vessel Name Type Built
Gloverfive Shipping Corporation (“Gloverfive”)(2)
 Kypros Loyalty Panamax June 2015
Gloversix Shipping Corporation (“Gloversix”)(2)
 Kypros Spirit Panamax July 2016
Pemer Shipping Ltd. (“Pemer”)(1)
 Pedhoulas Merchant Kamsarmax March 2006
Petra Shipping Ltd. (“Petra”)(1)
 Pedhoulas Trader Kamsarmax May 2006
Pelea Shipping Ltd. (“Pelea”)(1)
 Pedhoulas Leader Kamsarmax March 2007
Vassone Shipping Corporation (“Vassone”)(2)
 Pedhoulas Commander Kamsarmax May 2008
Maxeikositria Shipping Corporation (“Maxeikositria”)(1)(4)
 Pedhoulas Fighter Kamsarmax August 2012
Youngone Shipping Corporation (“Youngone”)(2)
 Pedhoulas Cherry Kamsarmax July 2015
Youngtwo Shipping Corporation (“Youngtwo”)(2)
 Pedhoulas Rose Kamsarmax January 2017
Pinewood Shipping Corporation (“Pinewood”)(2)(5)
 Pedhoulas Cedrus Kamsarmax June 2018
Marinouki Shipping Corporation (“Marinouki”)(1)
 Marina Post-Panamax January 2006
Soffive Shipping Corporation (“Soffive”)(1)
 Sophia Post-Panamax June 2007
Vasstwo Shipping Corporation (“Vasstwo”)(1)
 Xenia Post-Panamax August 2006
Eniaprohi Shipping Corporation (“Eniaprohi”)(1)
 Eleni Post-Panamax November 2008
Eniadefhi Shipping Corporation (“Eniadefhi”)(1)
 Martine Post-Panamax February 2009
Maxdodeka Shipping Corporation (“Maxdodeka”)(1)
 Andreas K Post-Panamax September 2009
Pentakomo Shipping Corporation (“Pentakomo”)(2)
 Agios Spyridonas Post-Panamax January 2010
Maxdekatria Shipping Corporation (“Maxdekatria”)(1)
 Panayiota K Post-Panamax April 2010
Maxdeka Shipping Corporation (“Maxdeka”)(2)
 Venus Heritage Post-Panamax December 2010
Shikoku Friendship Shipping Company (“Shikoku”)(2)
 Venus History Post-Panamax September 2011
Maxenteka Shipping Corporation (“Maxenteka”)(2)
 Venus Horizon Post-Panamax February 2012
Shikokuepta Shipping Inc. (“Shikokuepta”)(2)
 Troodos Sun Post-Panamax January 2016
Shikokuexi Shipping Inc. (“Shikokuexi”)(2)
 Troodos Air Post-Panamax March 2016
Monagrouli Shipping Corporation (“Monagrouli”)(2)
Troodos OakPost-PanamaxApril 2020
Maxpente Shipping Corporation (“Maxpente”)(1)
 Kanaris Capesize March 2010
Eptaprohi Shipping Corporation (“Eptaprohi”)(1)
 Pelopidas Capesize November 2011
Maxtessera Shipping Corporation (“Maxtessera”)(2)
 Lake Despina Capesize January 2014
Shikokuennia Shipping Corporation (“Shikokuennia”)(2)
 Mount Troodos Capesize November 2009
Agros Shipping Corporation (“Agros”)(2)
TBN H1381KamsarmaxQ2 2022
Lofou Shipping Corporation (“Lofou”)(2)
TBN H11013Post-PanamaxQ3 2022
Yasudyo Shipping Corporation (“Yasudyo”)(2)
TBN H1392KamsarmaxQ4 2023
Shimafive Shipping Corporation (“Shimafive”)(2)
TBN H11064KamsarmaxQ4 2023
Shimasix Shipping Corporation (“Shimasix”)(2)
TBN H11065KamsarmaxQ1 2024
Shimaseven Shipping Corporation (“Shimaseven”)(2)
TBN H11067KamsarmaxQ1 2024
Gloverthree Shipping Corporation (“Gloverthree”)(2)
 TBN H11042 Post-Panamax Q1 2023
Gloverseven Shipping Corporation (“Gloverseven”)(2)
 TBN H11043 Post-Panamax Q2 2023
Maxeikosiepta Shipping Corporation (“Maxeikosiepta”)(1)(6)
 Paraskevi Panamax January 2003
Avstes Shipping Corporation (“Avstes”)(1)(7)
 Vassos Panamax February 2004
Maxeikosi Shipping Corporation (“Maxeikosi”)(1)(8)
 Pedhoulas Builder Kamsarmax May 2012
Marindou Shipping Corporation (“Marindou”)(1)(9)
 Maria Panamax April 2003
Maxeikosiena Shipping Corporation (“Maxeikosiena”)(1)(9)
 Pedhoulas Farmer Kamsarmax September 2012
Maxeikosipente Shipping Corporation
(“Maxeikosipente”)(1)
———
Staloudi Shipping Corporation (“Staloudi”)(1)
———


Metamou Shipping Corporation (“Metamou”) (2)(12)
———
Armonikos Shipping Corporation ("Armonikos") (2)(13)
———
(1)Incorporated under the laws of the Republic of Liberia.
(2)Incorporated under the laws of the Republic of the Marshall Islands.
(3)In June 2021, the Company entered into an agreement for the sale of MV Koulitsa. The vessel was delivered to her new owners in November 2021.
(4)In September 2021, the Company entered into an agreement for the sale of MV Pedhoulas Fighter. The sale is expected to be consummated in December 2021.
(5)On July 29, 2016, the Shipsales Contract relating to a newbuild vessel initially contracted by Kyotofriendo Two, was novated to Pinewood. Under an agreement with an unaffiliated third party, upon delivery of the vessel, named Pedhoulas Cedrus, to Pinewood in June 2018, 100 shares of Series A Preferred Stock of Pinewood were issued to the unaffiliated third party for proceeds in the equivalent of $16,875 at the time of issuance, which were used to finance part of the cost of such vessel. All Series A Preferred Stock were redeemed by Pinewood in February 2021.
(6)Vessel sold in January 2021 and delivered to her new owners in April 2021.
(7)Vessel sold in January 2021 and delivered to her new owners in May 2021.
(8)Vessel sold in May 2021 and delivered to her new owners in June 2021.
(9)Vessel sold in May 2021 and delivered to her new owners in September 2021.
(10)Vessel acquired in March 2021.
(11)Vessel acquired in July 2021.
(12)In July 2021, the Company entered into an agreement for the acquisition of a 2012-built Japanese Capesize class vessel to be named Stelios Y. The vessel is expected to be delivered in November 2021
(13)In July 2021, the Company entered into an agreement for the acquisition of a 2013-built Japanese Post-Panamax class vessel Venus Harmony, which was delivered to us in October 20, 2021. Refer to Note 15.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the management of Safe Bulkers, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of financial position, operating results and cash flows have been included in the statements. Interim results are not necessarily indicative of results that may be expected for the year ended December 31, 2021. These financial statements should be read in conjunction with the consolidated financial statements and footnotes for the year ended December 31, 2020 included in the Company’s Annual Report on Form 20-F.


2.    Significant Accounting Policies

A summary of the Company’s other significant accounting policies is identified in Note 2 of the Company’s consolidated financial statements for the year ended December 31, 2020 included in the Company’s Annual Report on Form 20-F. The same accounting policies have been followed in these unaudited interim consolidated condensed financial statements as were applied in the preparation of the Company’s consolidated financial statements for the year end December 31, 2019.

Recent Accounting Pronouncements:

There are no recent accounting pronouncements the adoption of which are expected to have a material effect on the Company’s unaudited interim consolidated condensed financial statements in the current period.




3.    Transactions with Related Parties

Services and agreements entered into with related partied are described in the Company’s consolidated financial statements for the year ended December 31, 2020 refer note 3. The following changes were agreed during the nine months ended September 30, 2021.

A. The Managers

On expiration of the initial term of three years on May 28, 2021, of the management agreements ( the “Management Agreements”), the Management Agreements were renewed for a further three year period ending May 28, 2024 on the same


terms and conditions except for the annual ship management fee payable to Safe Bulkers Management of €3.0 million which was amended as of May 29, 2021, to €3.5 million.
Amounts due from Manager under the management agreements were $48 and $0 as of December 31, 2020 and September 30, 2021, respectively. Amounts due to Manager under the management agreements were $0 and $47 as of December 31, 2020 and September 30, 2021, respectively.

The Fees charged by our Managers comprised the following:
Nine -month period ended September 30,
20202021
Ship Management Fees$13,849 $14,636 
Supervision Fees275 275 
Commissions330 1,085 

B. Credit Facility

In June 2021, the Company entered into a credit facility of $70.0 million with a five-year tenor, comprising of a term loan tranche of $30.0 million and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40.0 million, with respect to seven vessels. The agreement contained financial covenants in line with the existing loan and credit facilities of the Company. The proceeds from the credit facility refinanced loan facilities of $64.3 million maturing in 2023, in respect of eight vessels, seven of which secure the new credit facility and one of which remained debt free. The refinancing transaction was evaluated and approved by the Board of Directors of the Company, excluding the independent member of the Board of the Company, who serves as the Chief Executive Officer of the financial institution that is the lender in the transaction.


F-10


4.    Vessels, Net

Vessels, net are comprised of the following:
Vessel
Cost		Accumulated
Depreciation		Net Book
Value
Balance, December 31, 2020$1,357,460 $(415,296)$942,164 
Transfer from Advances for vessels (Note 5)36,505 — 36,505 
Transfer to Assets Held for Sale (Note 6)(152,174)64,207 (87,967)
Depreciation expense— (39,153)(39,153)
Balance, September 30, 2021$1,241,791 $(390,242)$851,549 

Transfer from Advances for vessels represent advances paid for vessels under construction and vessels acquisitions which were delivered to the Company, completed vessel improvements in respect of ballast water treatment systems (“BWTS”) and sulfur oxide exhaust gas cleaning systems (“Scrubbers”).

•During the nine-month period ended September 30, 2021 the Company accepted delivery of Paraskevi 2 and Koulitsa 2.

Consistent with prior practices, we reviewed all our vessels for impairment and none were found to be impaired as at December 31, 2020 and September 30, 2021.

As of September 30, 2021, 23 vessels owned by the Company, including vessels held for sale, with a carrying value of $499,138 had been provided as collateral to secure, through first priority mortgages, certain of the Company’s loans and credit facilities while for 12 vessels with a carrying value of $305,346, title of ownership is held by the relevant lender to secure the relevant sale and lease back financing transactions.

F-11


5.    Advances for Vessels

Advances for vessels are comprised of the following:
Balance, December 31, 20209,126 
Additions for advances, including capitalized expenses and interest85,231 
Transferred to vessel cost (refer to Note 4)(36,505)
Balance, September 30, 2021$57,852 

Advances paid for vessels

•During the nine-month period ended September 30, 2021, represent advances for the acquisition and construction of the vessels Paraskevi 2, Koulitsa 2, Venus Harmony, Stelios Y and for Hull 11013, Hull 1381, Hull 1392, Hull 11042, Hull 11043, Hull 11064, Hull 11065 and Hull 11067 and BWTS and Scrubbers retrofitting and improvements of several vessels.

F-12




6. Assets Held for Sale

Assets held for sale of $25,701, as of September 30, 2021, represent the carrying value of the vessels MV Koulitsa and MV Pedhoulas Fighter of $7,643, and $17,846 respectively, plus the value of bunkers and lubricants onboard on the same date of $109 and of $103, respectively. Two separate Memoranda of Agreement ('MoA's') were entered into with unrelated third parties in June and September, 2021, for the sale of MV Koulitsa and MV Pedhoulas Fighter at a price of $13,600 and $23,700, respectively. The sale of vessel MV Koulitsa was consummated in November 2021 and the sale of MV Pedhoulas Fighter is expected to be consummated upon delivery to her new owners in December 2021.

F-13


7.    Long Term Debt

Long term debt is comprised of the following borrowings:
   
BorrowerCommencementMaturityDecember 31, 2020September 30, 2021
Maxeikosiepta 1
December 2018February 20214,000 — 
Maxtessera 1
November 2018April 202122,000 — 
Avstes 1
June 2019April 20215,985 — 
Maxeikosi 1
September 2017May 202110,893 — 
Maxeikosiexi 1
September 2015June 20214,432 — 
Marathassa 1
September 2015June 20214,820 — 
Marinouki 1
September 2015June 20217,263 — 
Kerasies 1
September 2015June 20215,097 — 
Soffive 1
September 2015June 20217,853 — 
Eptaprohi 1
September 2015June 202137,053 — 
Petra 1
November 2018June 20216,135 — 
Pemer 1
November 2018June 20216,135 — 
Safe Bulkers 2
December 2019June 202129,000 — 
Shikokuepta 1
February 2016August 202117,150 — 
Safe Bulkers 1
November 2014September 202179,758 — 
Maxeikosiena 3
September 2015September 202118,058 — 
Safe Bulkers 1
April 2019June 20228,000 — 
Shikokupente - Shikokuennia - Pemer - Petra 1
July 2019January 20238,510 870 
Shikokupente 1
August 2018August 202312,927 10,210 
Shikokuennia 1
October 2018October 202314,385 8,668 
Maxeikositria 1
September 2017August 202410,893 8,077 
Maxpente 1
September 2017August 202416,100 11,450 
Maxeikositessera 1
September 2017August 202411,310 8,134 
Maxenteka 1
September 2017August 202413,536 10,294 
Safe Bulkers 1
November 2018August 202422,250 9,750 
Pelea - Vasstwo - Eniaprohi - Vassone 1
December 2018December 202443,250 31,250 
Maxdeka 3
November 2019August 202519,076 17,572 
Shikoku Friendship 3
November 2019August 202520,066 18,484 
Shikokutessera 3
November 2019August 202519,502 17,990 
Glovertwo 3
November 2019August 202518,344 16,900 
Pentakomo 3
January 2020January 202614,500 13,000 
Maxdekatria 3
January 2020January 202614,500 13,000 
Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra 1
June 2021June 2026— 29,137 
Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra 2
June 2021June 2026— 10,000 
Safe Bulkers 1
September 2021September 2026— 30,000 
Maxtessera 3
April 2021October 2026— 28,933 
Youngtwo 3
January 2017January 202721,203 20,491 
Monagrouli 1
April 2020April 202725,520 24,200 
Shikokuokto 3
December 2019December 202718,000 16,500 
Gloversix 3
December 2019December 202718,720 17,160 


Pinewood 3
February 2021February 2031— 23,035 
Shikokuepta 3
August 2021August 2031— 23,667 
Total616,224 418,772 
Current portion of Long-term debt  77,284 35,767 
Liability directly associated with asset held for sale4,000 8,077 
Long-term debt  534,940 374,928 
Total debt  616,224 418,772 
Current portion of deferred financing costs  1,500 1,373 
Financing cost, directly associated with asset held for sale17 31 
Deferred financing costs non-current  3,057 3,617 
Total deferred financing costs  4,574 5,021 
Total debt  616,224 418,772 
Less:  Total deferred financing costs
  4,574 5,021 
Total debt, net of deferred financing costs  611,650 413,751 
Less:  Current portion of long-term debt, net of current portion of deferred financing costs
  75,784 34,394 
Less: Liability directly associated with asset held for sale net of deferred financing cost3,983 8,046 
Long-term debt, net of deferred financing costs, non-current  531,883 371,311 
1.Credit facility
2.Revolving credit facility
3.Sale and lease back financing transaction.

Details of the loans and credit facilities are included in Note 7 of the Company’s consolidated financial statements for the year ended December 31, 2020, included in the Company’s Annual Report on Form 20-F. No change has been made to the debt covenants of our loan and credit facilities. During the nine months ended September 30, 2021, we prepaid debt in relation to vessels sales or debt refinancing in the aggregate amount of $282,408, made scheduled principal payments of $43,844 and had loan drawdowns of $128,800.

In June 2021, the Company entered into a credit facility of $70.0 million with a financial institution, as disclosed in Note 3B.

In August 2021, Shikokuepta entered into a sale and leaseback agreement, with an unrelated third party for $24,000, regarding the vessel owned by Shikokuepta. The sale and leaseback agreement bears interest at LIBOR plus a margin. This transaction was consummated in August 2021 and the proceeds were used to fully prepay the amount outstanding under previous credit facility secured by the respective vessel and for general corporate purposes. Under the agreement, the vessel was sold and leased back on a bareboat charter basis for a period of 10 years, with a purchase obligation at the end of the 10th year. Furthermore, Shikokuepta holds an option to purchase back the vessel after the third year of the bareboat charter, at predetermined purchase prices. In view of the obligation of Shikokuepta to purchase the vessel at the end of the bareboat charter, the Company has assessed that this transaction be recorded as financing transaction.

In September 2021, the Company entered into a new credit facility of $60.0 million with a five-year tenor secured by five vessels, comprising of a term loan tranche of $30.0 million, repayable over five years through quarterly principal instalments and a balloon payable on maturity, and a revolving credit facility tranche providing for a draw down capacity of up to $30.0 million reducing from its fourth year onwards. Both the term loan tranche and the revolving credit facility tranche bear interest at LIBOR plus a margin. The proceeds from the credit facility were used to refinance loan facilities with the same financial institution secured by six vessels, five of which secure the new credit facility and one has remained debt free. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company.

The fair value of debt outstanding on September 30, 2021 amounted to $421,867 when valuing the Youngtwo, Shikokutessera, Maxdeka, Shikoku, Glovertwo and Maxtessera loan facilities on the basis of the deemed equivalent fixed rate, as applicable on September 30, 2021, which is considered to be a Level 2 item in accordance with the fair value hierarchy.

As of September 30, 2021, an amount of $88.9 million was available for drawdown under the above loans and credit facilities. The estimated minimum annual principal payments required to be made after September 30, 2021, based on the loan and credit facility agreements as amended, are as follows:

F-15


To September 30,  
2022$43,843 
202351,893 
202486,592 
202598,095 
202655,982 
2027 and thereafter82,367 
Total$418,772 

As of September 30, 2021, the Company was in compliance with all debt covenants in effect, with respect to its loans and credit facilities.





8. Share capital

As of December 31, 2020, and as of September 30, 2021 the Company had 200,000,000 shares of authorized common stock of $0.001 par value, of which 102,174,594 and 121,634,602 were issued and outstanding respectively.

In May 2021, the Company filed a supplement to its prospectus supplement to increase the capacity under its at-the-market offering (''ATM Program") to allow for sales of the Company’s common stock for aggregate gross offering proceeds of up to $100.0 million under the ATM Program entered into in August 2020. As of September 30, 2021, the Company had sold 19,417,280 shares of common stock under the ATM Program with aggregate gross offering proceeds to the Company of $73.0 million. As of September 30, 2021, shares of common stock with aggregate sales proceeds of up to approximately $27.0 million remain available for sale.


F-16


9.    Commitments and Contingencies

(a) Capital expenditure commitments relating to vessels under construction, second-hand vessels agreed to be acquired and the purchase of BWTS and Scrubbers to be installed on certain of our vessels are as follows:
Year end September 30, Due to Shipyards/Sellers
Due to Manager 1
Other CommitmentsTotal
2022$81,307 $1,922 $760 $83,989 
202379,600 2,888 — 82,488 
202495,320 2,415 — 97,735 
Total$256,227 $7,225 $760 $264,212 

1. Represents the amounts payable to our Managers under the Management Agreements in respect of the commissions for contracted newbuilds and second hand vessels to be acquired and the supervision fee for the contracted newbuild vessels.

(b) Other contingent liabilities

The Company and its Subsidiaries have not been involved in any legal proceedings, that may have, or have had, a significant effect on their business, financial position, results of operations or liquidity, nor is the Company aware of any proceedings that are pending or threatened that may have a significant effect on its business, financial position, results of operations or liquidity. From time to time various claims, suits and complaints, including those involving government regulations and product liability, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes with charterers, agents, shipyards, insurance providers and other claims relating to the operation of the Company’s vessels. Management is not aware of any material claims or contingent liabilities which should be disclosed, or for which a provision should be established in the accompanying consolidated financial statements.

The Company accrues for the cost of environmental liabilities when management becomes aware that a liability is probable and is able to reasonably estimate the probable exposure. Management is not aware of any such claims or contingent liabilities which should be disclosed, or for which a provision should be established in the accompanying consolidated financial statements. A maximum of $1,000,000 of the liabilities associated with the individual vessel actions, mainly for sea pollution, is covered by P&I Club insurance.


F-17


10.    Revenues

Revenues are comprised of the following:
 Nine Month Periods Ended
 September 30, 2020September 30, 2021
Time charter revenue$146,499 $235,129 
Voyage charter revenue1,692 $5,156 
Other income3,441 $6,747 
Total151,632 $247,032 


The Company generates its revenues from time charters or infrequently under voyage contracts. Time charter agreements may have renewal options for one to 12 months. The charter party generally provides typical warranties regarding the speed and the performance of the vessel as well as some owner protective restrictions such that the vessel is sent only to safe ports by the charterer, subject always to compliance with applicable sanction laws, and carry only lawful and non-hazardous cargo. The Company typically enters into time charters ranging from one month to five years and in isolated cases on longer terms depending on market conditions. The charterer has the full discretion over the ports visited, shipping routes and vessel speed, subject only to the owner protective restrictions discussed above. Vessels may also be chartered under voyage charters, where a contract is made for the use of a vessel under which the Company is paid freight on the basis of moving cargo from a loading port to a discharge port. Voyage hire is typically paid partially upon initiation of the voyage and partially upon completion of the performance obligation.

During the nine -month period ended September 30, 2020 and 2021, the Company generated revenue from its time charters of $146,499, and $235,129, respectively. Scrubber fitted vessels are able to earn a premium attributable to the use of the scrubbers installed on board the vessels, to reduce the sulfur content of fuels due to new legislation effective January 1, 2020. This premium may be either incorporated in the daily hire rate or be variable consideration earned on the actual consumption on the basis of the price differential between 0.5% sulfur content compliant fuels and high sulfur fuel oil with 3.5% sulfur content. Scrubber premium earned as variable consideration is included in time charter revenue and amounted to $10,071 for the nine months ended September 30, 2021, compared to $13,929 for the nine months ended September 30, 2020.

As of September 30, 2021, no vessel was employed under a voyage charter.

The Company recognized the remaining performance obligation of $222 as of December 31, 2020 as revenue during the first quarter of 2021.





11.    Vessel Operating Expenses

Vessel operating expenses are comprised of the following:
 Nine -month period ended September 30,
 20202021
Crew wages and related costs$25,224 $28,004 
Insurance2,525 2,682 
Repairs, maintenance and drydocking costs9,315 5,492 
Spares, stores and provisions12,030 11,728 
Lubricants3,130 2,952 
Taxes479 533 
Miscellaneous2,013 2,076 
Total$54,716 $53,467 


F-18






12.    Fair Value of Financial Instruments and Derivatives Instruments

Cash and cash equivalents and restricted cash and interest rate, bunker price and freight derivatives are recorded at fair value. The carrying values of the current financial assets and current financial liabilities are reasonable estimates of their fair value due to the short-term nature of these financial instruments. Cash and cash equivalents and restricted cash are considered Level 1 items as they represent liquid assets with short-term maturities. The fair values of the variable interest long-term debt approximate the recorded values, due to their variable interest rates. The fair value of the fixed interest long-term debt is estimated using prevailing market rates as of the period end. The Company believes the terms of its loans are similar to those that could be procured as of September 30, 2021. The fair value of the long term debt is determined using observable market-based inputs hence it is considered Level 2 per the value hierarchy. The fair value of the long-term debt is disclosed in Note 7.

Derivative instruments

Interest rate swaps:

The Company from time to time enters into interest rate derivative contracts to manage interest costs and risk associated with changing interest rates with respect to its variable interest loans and credit facilities. Details of interest rate swap transactions entered into as of September 30, 2021 are presented in the table below:

F-19



Notional amount
Counterparty (1)InceptionExpiryFixed RateDecember 31, 2020September 30, 2021
SHIKOKUPENTE (2)August 3, 2020August 1, 20230.275%$12,927$12,288
SHIKOKUENNIA (2)July 20, 2020October 20, 20230.350%14,38512,998
MAXPENTESeptember 21, 2020August 27, 20240.322%10,15010,150
MAXENTEKASeptember 21, 2020August 27, 20240.322%9,5009,500
MAXEIKOSITESSERASeptember 21, 2020August 27, 20240.322%7,3507,350
SAFE BULKERSMarch 4, 2020September 30, 20240.990%10,00010,000
SAFE BULKERSMarch 4, 2020September 30, 20240.900%10,00010,000
SAFE BULKERSMarch 9, 2020September 30, 20240.800%10,00010,000
SAFE BULKERSMarch 10, 2020September 30, 20240.650%20,00020,000
SAFE BULKERSMarch 30, 2020September 30, 20240.600%10,00010,000
SAFE BULKERSMay 5, 2020May 5, 20250.400%10,00010,000
SAFE BULKERSJuly 10, 2020May 5, 20250.400%10,00010,000
SAFE BULKERSJuly 10, 2020May 5, 20250.380%10,00010,000
SAFE BULKERSJuly 14, 2020May 5, 20250.380%10,00010,000
SAFE BULKERSJune 4, 2020June 4, 20250.500%10,00010,000
SAFE BULKERSJune 11, 2020June 11, 20250.450%10,00010,000
SAFE BULKERSJune 15, 2020June 15, 20250.400%10,00010,000
SAFE BULKERSJune 30, 2020June 30, 20250.425%10,00010,000
SAFE BULKERSJuly 1, 2020July 1, 20250.380%10,00010,000
SAFE BULKERSJuly 9, 2020July 9, 20250.360%10,00010,000
SAFE BULKERSJuly 16, 2020July 16, 20250.350%10,00010,000
SAFE BULKERSJuly 30, 2020July 30, 20250.330%10,00010,000
SAFE BULKERSAugust 3, 2020August 3, 20250.370%10,00010,000
SAFE BULKERSFebruary 22, 2021December 31, 20250.745%—30,000
SAFE BULKERSMay 10, 2021May 10, 20260.950%—50,000
SAFE BULKERSJuly 21, 2021July 21, 20260.829%—10,000
SAFE BULKERSJuly 22, 2021July 22, 20260.770%—20,000
Total$244,312 $352,286 

(1) Under all above swap transactions, the bank effects quarterly floating-rate payments to the Company for the relevant amount based on the three-month USD LIBOR, and the Company effects quarterly payments to the bank on the relevant amount at the respective fixed rates.
(2) The notional amounts of the above transactions are reduced during the term of the swap transactions based on the expected principal outstanding under the respective facility.

Bunker Price Swaps:


In February 2021, the Company entered into a bunker fuel contract for an aggregate of 12,000 tonnes per annum or 1,000 tonnes per month for the period January 2022 to December 2022 to sell the spread differential between the price per ton of the 0.5% and 3.5% sulfur content fuel respectively.

Forward Freight Agreements (“FFAs”):
F-20


During the nine -month period ended September 30, 2021, the Company entered into six FFAs on the Panamax index for 90 days in aggregate for periods up to the end of 2022 with the objective of reducing the risk arising from the volatility in the vessel charter rates.

The Company’s interest rate agreements, foreign exchange forward contracts, bunker fuel contracts and FFAs do not qualify for hedge accounting. The Company determines the fair market value of such derivative contracts at the end of every period and accordingly records the resulting unrealized loss/gain during the period in the consolidated statement of operations.

Information on the location and amounts of derivative fair values in the consolidated balance sheets and derivative gains/losses in the consolidated statements of operations are shown below:

Derivatives not designated as hedging instruments
 
  
Asset Derivatives
Fair Values
Liability Derivatives
Fair Values
Type of
Contract
Balance sheet locationDecember 31, 2020September 30, 2021December 31, 2020September 30, 2021
Foreign CurrencyDerivative assets / Current assets99 — — — 
Interest RateDerivative assets / Non-current assets54 2,771 — 
Bunker FuelDerivative liabilities / Current liabilities— 408 290 
Forward FreightDerivative liabilities / Current liabilities— 174 72 
Bunker FuelDerivative liabilities / Non-current liabilities— — 116 60 
Interest RateDerivative liabilities / Non-current liabilities— — 1,280 235 
Total Derivatives$153 $2,771 $1,978 $657 

Amount of Gain/(Loss) Recognized on Derivatives Nine Months Period Ended
September 30, 2020September 30, 2021
Interest Rate Contracts$(1,619)$2,935 
Bunker Fuel Contracts$675 $(529)
Foreign Exchange Agreements$— $(99)
Forward Freight Agreements$(65)$(4,284)
Net Loss Recognized$(1,009)$(1,977)
 
The gain or loss is recognized in the consolidated statement of operations and is presented in Other (Expense)/Income – Gain/(Loss) on derivatives.

The Company’s interest rate derivative instruments are pay-fixed, receive-variable interest rate swaps based on the USD LIBOR swap rate. The fair value of the interest rate swaps is determined using a discounted cash flow approach based on expected forward LIBOR swap yield curves and takes into account the credit risk of the counterparty financial institutions. LIBOR swap rates are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy.

The Company’s foreign exchange forward derivative instruments are agreements entered into with a bank to exchange, at a specified future date, currencies of different countries at a specific rate. The fair value of the foreign exchange forward derivative instruments is determined using mid-rates based on available market rates at the end of the period of the valuation and takes into account the credit risk of the counterparty financial institutions. Foreign exchange rates are observable at commonly quoted intervals for the full terms of the foreign exchange forward derivative instruments and therefore are considered Level 2 items in accordance with the fair value hierarchy.



The Company’s FFA derivative instruments were receive-fixed, pay-variable swaps based on the earnings of the Panamax class dry bulk vessels as published by the Baltic Exchange. The fair value of the FFA derivatives is determined using a discounted cash flow approach based on the market rate of the earnings of the Panamax class dry bulk vessels as published by the Baltic Exchange at the time of such valuation and takes into account the credit risk of the counterparty financial institutions. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy.

The Company’s bunker fuel derivative instruments were receive-fixed, pay-variable swaps based on the difference in price between various categories of bunker fuels. The fair value of the bunker fuel swaps is determined using a discounted cash flow approach based on the difference between the market rate of the relevant bunker fuel prices at the end of the period and the contracted fixed rate and takes into account the credit risk of the counterparty financial institutions. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy.

The following table summarizes the valuation of the Company’s derivative financial instruments as of December 31, 2020 and as of September 30, 2021.
 
Significant Other Observable Inputs
(Level 2)
December 31, 2020September 30, 2021
Derivative instruments – asset position$153 $2,771 
Derivative instruments – liability position1,978 657 

As of December 31, 2020 and as of September 30, 2021, no fair value measurements for assets or liabilities under Level 3 were recognized in the Company’s consolidated balance sheets.

F-22


13.    Dividends

During the nine-month period ended September 30, 2021, the Company declared and paid 3 quarterly consecutive dividends of $0.50 per share for each of the Series C Preferred Shares, totaling $3,446, and Series D Preferred Shares, totaling $4,793.

During the nine-month period ended September 30, 2021, the Company's subsidiary Pinewood declared and paid 1 dividend of $78.

F-23


14.    (Loss)/Earnings Per Share

The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period and includes the shares issuable to the audit committee chairman and the independent directors at the end of the period for services rendered. Diluted earnings per share are the same as basic earnings per share. There are no other potentially dilutive shares. The computation of basic earnings per share is calculated after deducting the preferred stock dividend from net (loss)/income.
September 30,
20202021
Net (loss)/income$(20,519)$109,143 
Less preferred dividend8,622 8,318 
Less/(plus) mezzanine equity measurement495 (271)
Net (loss)/income available to common shareholders$(29,636)$101,096 
Weighted average number of shares, basic and diluted102,762,932 111,044,439 
(Loss)/earnings per share in U.S. Dollars, basic and diluted$(0.29)$0.91 


F-24


15.    Subsequent Events

(a) Dividend declaration: On October 8, 2021, the Board of Directors declared a dividend of $0.50 per share for all classes of preferred shares, totaling $2,746, payable to all shareholders of record as of October 22, 2021, which was paid on November 1, 2021.

(b) Forward freight agreements: In October 2021, the Company entered into forward freight agreements on the Panamax index for 720 days in aggregate for the period to December 2022, with the objective of reducing the risk arising from the volatility in the charter rates.

(c) Vessel delivery: On October 20, 2021, the Company took delivery of the 2013-built Japanese Post-Panamax class MV Venus Harmony. The acquisition was funded by the cash reserves of the Company.

(d) New loan commitment: In October 2021, the Company signed a commitment letter for a new credit facility of $100.0 million with a five-year tenor to be secured by six vessels, which will comprise a term loan tranche of $50.0 million and a revolving credit facility tranche providing for a draw down capacity of up to $50.0 million reducing from its fourth year onwards. The anticipated proceeds from the credit facility will be used to refinance loan facilities of an aggregate outstanding amount of $50.0 million secured by the five vessels and maturing up to 2024 and the repurchase of one vessel under a sale and leaseback agreement for an amount of $20.7 million. The Company does not intend to utilize the full capacity of the reducing revolving credit facility tranche at this time. The agreement is expected to contain financial covenants in line with the existing loan and credit facilities of the Company.

(e) Vessel sold: In June 2021, the Company entered into an agreement for the sale of the 2003-built Panamax class MV Koulitsa. The vessel was delivered to her new owners in November 2021.




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 19, 2021
 SAFE BULKERS, INC.
  
  
 By:/s/ Konstantinos Adamopoulos
 Name:Konstantinos Adamopoulos
 Title:Chief Financial Officer
F-25

 EX-101.SCH 2 sb-20210930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001001 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink 1001002 - Statement - Unaudited Interim Condensed Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 1002003 - Statement - Unaudited Interim Condensed Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1003004 - Statement - Unaudited Interim Condensed Consolidated Statements of Operations link:presentationLink link:calculationLink link:definitionLink 1004005 - Statement - Unaudited Interim Condensed Consolidated Statements of Shareholders' Equity link:presentationLink link:calculationLink link:definitionLink 1005006 - Statement - Unaudited Interim Condensed Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 2101101 - Disclosure - Basis of Presentation and General Information link:presentationLink link:calculationLink link:definitionLink 2302301 - Disclosure - Basis of Presentation and General Information (Tables) link:presentationLink link:calculationLink link:definitionLink 2403401 - Disclosure - Basis of Presentation and General Information - Additional Information (Details) link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Basis of Presentation and General Information - Schedule of Subsidiaries (Details) link:presentationLink link:calculationLink link:definitionLink 2105102 - Disclosure - Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2206201 - Disclosure - Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2107103 - Disclosure - Transactions with Related Parties link:presentationLink link:calculationLink link:definitionLink 2308302 - Disclosure - Transactions with Related Parties (Tables) link:presentationLink link:calculationLink link:definitionLink 2409403 - Disclosure - Transactions with Related Parties - The Managers (Details) link:presentationLink link:calculationLink link:definitionLink 2410404 - Disclosure - Transactions with Related Parties - Schedule of Fees Charged by Managers (Details) link:presentationLink link:calculationLink link:definitionLink 2411405 - Disclosure - Transactions with Related Parties - Credit Facility (Details) link:presentationLink link:calculationLink link:definitionLink 2112104 - Disclosure - Vessels, Net link:presentationLink link:calculationLink link:definitionLink 2313303 - Disclosure - Vessels, Net (Tables) link:presentationLink link:calculationLink link:definitionLink 2414406 - Disclosure - Vessels, Net - Schedule of Vessels (Details) link:presentationLink link:calculationLink link:definitionLink 2415407 - Disclosure - Vessels, Net - Additional Information (Details) link:presentationLink link:calculationLink link:definitionLink 2116105 - Disclosure - Advances for Vessels link:presentationLink link:calculationLink link:definitionLink 2317304 - Disclosure - Advances for Vessels (Tables) link:presentationLink link:calculationLink link:definitionLink 2418408 - Disclosure - Advances for Vessels - Schedule of Advances for Vessel Acquisition and Vessels under Construction (Details) link:presentationLink link:calculationLink link:definitionLink 2119106 - Disclosure - Assets Held for Sale link:presentationLink link:calculationLink link:definitionLink 2420409 - Disclosure - Assets Held for Sale (Details) link:presentationLink link:calculationLink link:definitionLink 2121107 - Disclosure - Long Term Debt link:presentationLink link:calculationLink link:definitionLink 2322305 - Disclosure - Long Term Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 2423410 - Disclosure - Long Term Debt - Schedule of Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2424411 - Disclosure - Long Term Debt - Additional Information (Details) link:presentationLink link:calculationLink link:definitionLink 2425412 - Disclosure - Long Term Debt - Annual Principal Payments (Details) link:presentationLink link:calculationLink link:definitionLink 2126108 - Disclosure - Share Capital link:presentationLink link:calculationLink link:definitionLink 2427413 - Disclosure - Share Capital (Details) link:presentationLink link:calculationLink link:definitionLink 2128109 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2329306 - Disclosure - Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 2430414 - Disclosure - Commitments and Contingencies - Schedule of Capital Expenditure Commitments (Details) link:presentationLink link:calculationLink link:definitionLink 2431415 - Disclosure - Commitments and Contingencies - Additional Information (Details) link:presentationLink link:calculationLink link:definitionLink 2132110 - Disclosure - Revenues link:presentationLink link:calculationLink link:definitionLink 2333307 - Disclosure - Revenues (Tables) link:presentationLink link:calculationLink link:definitionLink 2434416 - Disclosure - Revenues - Revenues (Details) link:presentationLink link:calculationLink link:definitionLink 2435417 - Disclosure - Revenues - Additional Information (Details) link:presentationLink link:calculationLink link:definitionLink 2136111 - Disclosure - Vessel Operating Expenses link:presentationLink link:calculationLink link:definitionLink 2337308 - Disclosure - Vessel Operating Expenses (Tables) link:presentationLink link:calculationLink link:definitionLink 2438418 - Disclosure - Vessel Operating Expenses - Schedule of Operating Expenses (Details) link:presentationLink link:calculationLink link:definitionLink 2139112 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments link:presentationLink link:calculationLink link:definitionLink 2340309 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments (Tables) link:presentationLink link:calculationLink link:definitionLink 2441419 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Details of Interest Rate Swap Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 2442420 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Additional Information (Details) link:presentationLink link:calculationLink link:definitionLink 2443421 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Derivatives Not Designated as Hedging Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 2444422 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Amount of Gain / (Loss) Recognized on Derivatives (Details) link:presentationLink link:calculationLink link:definitionLink 2445423 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Valuation of Company's Financial Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 2146113 - Disclosure - Dividends link:presentationLink link:calculationLink link:definitionLink 2447424 - Disclosure - Dividends (Details) link:presentationLink link:calculationLink link:definitionLink 2148114 - Disclosure - (Loss)/Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 2349310 - Disclosure - (Loss)/Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2450425 - Disclosure - (Loss)/Earnings Per Share - Schedule of Computation of (Loss)/Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2151115 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 2452426 - Disclosure - Subsequent Events (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 3 sb-20210930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 4 sb-20210930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 5 sb-20210930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Hedging Designation [Domain] Hedging Designation [Domain] Supplemental cash flow information: Supplemental Cash Flow Information [Abstract] Fair Value Hierarchy and NAV [Domain] Fair Value Hierarchy and NAV [Domain] Net (loss)/income Net (loss)/income Net Income (Loss) Attributable to Parent Unrecorded Unconditional Purchase Obligation [Table] Unrecorded Unconditional Purchase Obligation [Table] Preferred stock, shares outstanding (in shares) Preferred Stock, Shares Outstanding Insurance Operating Insurance and Claims Costs, Production Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020 Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020 [Member] Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020 Entity Address, Address Line Three Entity Address, Address Line Three Income Statement Location [Axis] Income Statement Location [Axis] Interest Rate Contracts Interest Rate Contract [Member] Statistical Measurement [Domain] Statistical Measurement [Domain] Entity Address, Address Line One Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Two Supervision Fees Supervision Fees Expense The amount of expense derived from the supervision fees. Schedule of Maturities of Long-term Debt Schedule of Maturities of Long-term Debt [Table Text Block] Total derivative liabilities Derivative Liability Sale price of the vessel Disposal Group, Including Discontinued Operation, Consideration April 2021 April 2021 [Member] April 2021 Proceeds from sale of vessels Proceeds from Sale of Property, Plant, and Equipment Maxeikositria Maxeikositria [Member] Other non current assets Other Assets, Noncurrent Preferred stock dividends, cash paid quarterly (in USD per share) Preferred Stock Dividends Per Share Cash Paid Quarterly Dividends paid quarterly for each share of preferred stock outstanding. Deferred financing costs Deferred Costs, Noncurrent 2023 Long-Term Debt, Maturity, Year Two Assets Held for Sale Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Organization, Consolidation and Presentation of Financial Statements [Abstract] Organization, Consolidation and Presentation of Financial Statements [Abstract] Payment of deferred financing costs Payments of Financing Costs Number of vessels debt free Number Of Vessels Debt Free Number Of Vessels Debt Free Sale of Stock [Axis] Sale of Stock [Axis] Youngtwo Youngtwo [Member] Subsequent Events [Abstract] Subsequent Events [Abstract] Private Placement Private Placement [Member] Mezzanine equity measurement Increase in Carrying Amount of Redeemable Preferred Stock Disposal Group Name [Axis] Disposal Group Name [Axis] Current portion of long-term debt, net Less:  Current portion of long-term debt, net of current portion of deferred financing costs Long-Term Debt Current Net Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Net Loss Recognized Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net Credit Facility [Domain] Credit Facility [Domain] ASSETS Assets [Abstract] Related Party Transactions [Abstract] Related Party Transactions [Abstract] Company administration expenses Public Company Expenses The aggregate total of public company expenses incurred in relation to our operation as a public company such as professional fees, compensation paid to our directors and officers, listing fees and other miscellaneous expenses. 2024 Long-Term Debt, Maturity, Year Three Interest Rate Swap, Expiring December 31, 2025 Interest Rate Swap, Expiring December 31, 2025 [Member] Interest Rate Swap, Expiring December 31, 2025 Long-term debt, tenor Long-term Debt, Term Other non-current liabilities Increase (Decrease) in Other Noncurrent Liabilities Preferred stock, $0.01 par value; 20,000,000 authorized, 2,297,504 and 2,297,504 Series C Preferred Shares, 3,195,050 and 3,195,050 Series D Preferred Shares, issued and outstanding at December 31, 2020 and September 30, 2021, respectively Preferred Stock, Value, Issued Voyage expenses Voyage Expenses Voyage expenses include costs for draft surveys, hold cleaning, postage and other minor miscellaneous expenses related to the voyage such as the United States federal income tax that is paid in respect of our U.S. source shipping income (imposed on gross income without the allowance for any deductions). Entity Address, City or Town Entity Address, City or Town Repurchase amount under the sale and leaseback agreement Sale And Leaseback Agreement, Vessel Repurchased, Amount Sale And Leaseback Agreement, Vessel Repurchased, Amount Fair Value Financial Instruments And Derivative Insturments Fair Value Financial Instruments And Derivative Instruments Retained Earnings Retained Earnings [Member] Debt Instrument [Axis] Debt Instrument [Axis] Prepaid expenses and other current assets Increase (Decrease) in Prepaid Expense and Other Assets Less: Liability directly associated with asset held for sale net of deferred financing cost Disposal Group, Including Discontinued Operation, Liabilities, Net Disposal Group, Including Discontinued Operation, Liabilities, Net LONG-TERM LIABILITIES Liabilities, Noncurrent [Abstract] Fair Value of Financial Instruments and Derivatives Instruments Derivatives and Fair Value [Text Block] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Dividends paid Payments of Ordinary Dividends Interest Rate Swap, Expiring June 30, 2025 Interest Rate Swap, Expiring June 30, 2025 [Member] Interest Rate Swap, Expiring June 30, 2025 Repurchase and cancellation of common and preferred stock Stock Repurchased and Retired During Period, Value Increase in bank time deposits Increase In Bank Time Deposits Gross cash outflow of time deposits. Secured debt Secured Debt [Member] Accounts receivable Increase (Decrease) in Accounts Receivable Pinewood Pinewood [Member] Pinewood [Member] Due to Manager Increase (Decrease) in Accounts Payable, Related Parties Monagrouli Monagrouli [Member] Monagrouli Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Disclosure [Abstract] Interest Rate Swap, Expiring May 10, 2026, Fixed Rate 0.829% Interest Rate Swap, Expiring July 21, 2026 [Member] Interest Rate Swap, Expiring July 21, 2026 Borrowing capacity outstanding Line of Credit Facility, Remaining Borrowing Capacity Fixed interest rate Derivative, Fixed Interest Rate Interest Rate Swap, Expiring May 10, 2026 Interest Rate Swap, Expiring May 10, 2026 [Member] Interest Rate Swap, Expiring May 10, 2026 (Loss)/earnings per share in U.S. Dollars, basic (in USD per share) Earnings Per Share, Basic Number of quarters, dividend payments Number Of Quarters Of Dividend Payments Number of quarters during the current period on which the company declared and paid dividends. OTHER NON CURRENT ASSETS: Other Noncurrent Assets [Abstract] Shikokuokto Shikokuokto [Member] Document Type Document Type Charter contract renewal term Time Charter And Voyage, Term Of Charter Contract, Renewal Term Time Charter And Voyage, Term Of Charter Contract, Renewal Term 2022 Long-Term Debt, Maturity, Year One Maxdekatria Maxdekatria [Member] Consideration received on sale of stock Sale Of Stock, Consideration Received On Transaction, Gross Sale Of Stock, Consideration Received On Transaction, Gross 2026 Long-Term Debt, Maturity, Year Five Maxeikosi Maxeikosi [Member] Unrealized loss/(gain) on derivatives Unrealized Gain (Loss) on Derivatives February 2016 February 2016 [Member] February 2016 Accounts receivable Accounts and Other Receivables, Net, Current Early redelivery income Gain (Loss) on Contract Termination Derivative instruments – asset position Derivative Asset, Fair Value, Gross Asset Marinouki Marinouki [Member] Dividends Dividends [Text Block] This is the disclosure for the declaration and payment of dividends. Number of vessels provided as collateral, credit facility Number Of Vessels As Collateral For Debt, Credit Facility Number Of Vessels As Collateral For Debt, Credit Facility 2022 Unrecorded Unconditional Purchase Obligation, to be Paid, Year One Unconditional Purchase Obligation, Category of Goods or Services Acquired [Domain] Unconditional Purchase Obligation, Category of Goods or Services Acquired [Domain] Discontinued Operations and Disposal Groups [Abstract] Disposal Groups, Including Discontinued Operations [Table] Other expense income on derivatives Other Expense Income On Derivates [Member] Total Long-term Debt Bunker Fuel Contracts Bunker Fuel Contracts [Member] Bunker Fuel Contracts [Member] Transfer to Assets Held for Sale (Note 6) Accumulated Depreciation, Depletion and Amortization, Reclassifications from Property, Plant and Equipment Cash Flows from Investing Activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Unrealized foreign exchange (gain)/loss Foreign Currency Transaction Gain (Loss), Unrealized Advances For Assets Acquisition And Assets Under Construction Advances For Assets Acquisitions And Assets Under Construction [Abstract] Shikokuennia Shikokuennia [Member] Shikokuennia [Member] Marathassa Marathassa [Member] Marathassa [Member] Total liabilities, mezzanine equity and shareholders’ equity Liabilities and Equity Sale Leaseback Transaction, Name [Domain] Sale Leaseback Transaction, Name [Domain] August 2021 August 2021 [Member] August 2021 Unearned revenue Contract with Customer, Liability, Current Number of vessels sold and leased back Number Of Vessels Sold And Leased Back Number Of Vessels Sold And Leased Back September 2021 September 2021 [Member] September 2021 Additional paid in capital Additional Paid in Capital LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities and Equity [Abstract] Management agreement term Management Agreement, Term Management Agreement, Term Derivative [Line Items] Derivative [Line Items] Interest Rate Swap Interest Rate Swap [Member] Net Book Value Property, Plant and Equipment, Net [Abstract] Basis of Presentation and General Information Business Description and Basis of Presentation [Text Block] Maxenteka Maxenteka [Member] (Loss)/Earnings Per Share Earnings Per Share [Text Block] Derivative liabilities Derivative liabilities / Current liabilities Derivative Liability, Current Operating Expenses [Abstract] Operating Expenses [Abstract] 2027 and thereafter Long-Term Debt, Maturity, after Year Five Minimum Minimum [Member] Interest Rate Swap, Expiring June 4, 2025 Interest Rate Swap, Expiring June 4, 2025 [Member] Interest Rate Swap, Expiring June 4, 2025 Dividend declaration Dividends, Cash [Abstract] Interest Rate Swap, Expiring July 1, 2025 Interest Rate Swap, Expiring July 1, 2025 [Member] Interest Rate Swap, Expiring July 1, 2025 Pentakomo Pentakomo [Member] Pentakomo [Member] Effect of exchange rate changes on cash, cash equivalents and restricted cash Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Total fixed assets Fixed Assets Net Sum of the carrying amounts as of the balance sheet date of all tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation and gross amount, at the balance sheet date, of long-lived assets under construction that include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service and advances and costs paid for assets under acquisition that have not been completed and delivered and not ready to be placed into service as at the balance sheet date. Current portion of deferred financing costs Debt Issuance Costs, Current, Net Total deferred financing costs Less:  Total deferred financing costs Debt Issuance Costs, Net Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra [Member] Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra Preferred stock, shares authorized (in shares) Preferred Stock, Shares Authorized Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020 Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020 [Member] Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020 Derivatives assets current Derivative assets / Current assets Derivative Asset, Current June 2021, 2 June 2021, 2 [Member] June 2021, 2 Entity Address, Country Entity Address, Country CURRENT LIABILITIES: Liabilities, Current [Abstract] 2025 Long-Term Debt, Maturity, Year Four Issuance of common stock Stock Issued During Period, Value, New Issues Restricted cash Restricted cash – Non current assets Restricted Cash and Cash Equivalents, Noncurrent Long Term Debt Debt Disclosure [Text Block] Maxeikosiepta Maxeikosiepta [Member] Maxeikosiepta [Member] Line of credit Line of Credit [Member] Eptaprohi Eptaprohi [Member] Accounting Policies [Abstract] Accounting Policies [Abstract] Unpaid financing fees Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction Management fee to related parties Ship Management Fees Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party Derivative Instrument [Axis] Derivative Instrument [Axis] Payment of common stock offering expenses Payments of Stock Issuance Costs Repayment of long-term debt, principle payments Repayment Of Long-Term Debt, Principle Payments Repayment Of Long-Term Debt, Principle Payments Repurchase/redemption of preferred stock Payments for Repurchase of Redeemable Preferred Stock 2020 August ATM Program 2020 August ATM Program [Member] 2020 August ATM Program Number of vessels provided as collateral Number Of Vessels As Collateral For Debt Revenues Revenue from External Customers by Products and Services [Table Text Block] Lubricants Cost Of Lubricants Lubricant costs incurred that are directly related to goods produced and sold and services rendered during the reporting period. Foreign currency gain/(loss) Foreign Currency Transaction Gain (Loss), before Tax Common stock, $0.001 par value; 200,000,000 authorized, 102,174,594 and 121,634,602 issued and outstanding at December 31, 2020 and September 30, 2021, respectively Common Stock, Value, Issued Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Liability directly associated with asset held for sale Disposal Group, Including Discontinued Operation, Liabilities Treasury Stock Treasury Stock, Common [Member] Net decrease in cash, cash equivalents and restricted cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990% Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990% [Member] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990% COMMITMENTS AND CONTINGENCIES Commitments and Contingencies Commissions Commissions Commissions (address and brokerage) reflect payments, made to third-party brokers or our charterers, directly related to our revenues from which they are deducted, regardless of charter type, deferred and amortized over the related charter period presented as a separate line item. Subsequent Event [Table] Subsequent Event [Table] Dividends payable (in USD per share) Dividends Payable, Amount Per Share Schedule of Interest Rate Derivatives Schedule of Interest Rate Derivatives [Table Text Block] General and administrative expenses General and Administrative Expense [Abstract] Document Period End Date Document Period End Date Class of Stock [Axis] Class of Stock [Axis] Entity Registrant Name Entity Registrant Name Interest Rate Swap, Expiring May 10, 2026, Fixed Rate 0.770% Interest Rate Swap, Expiring July 22, 2026 [Member] Interest Rate Swap, Expiring July 22, 2026 Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table] Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table] Charter contract typical term Time Charter And Voyage, Normal Term Of Charter Contract Time Charter And Voyage, Normal Term Of Charter Contract Due from Manager Due from manager Accounts Receivable, Related Parties, Current 2024 Unrecorded Unconditional Purchase Obligation, to be Paid, Year Three Vessels provided as collateral Property Plant And Equipment Collateral For Debt The carrying amount, as of the date of the latest financial statement presented, of vessels that are pledged as collateral to secure the related debt obligations. Prepaid expenses and other current assets Prepaid Expense and Other Assets, Current Schedule of Subsidiaries Schedule Of Subsidiaries [Table Text Block] Tabular disclosure of the subsidiaries included in the consolidated financial statements. MEZZANINE EQUITY - Redeemable non-controlling interest Temporary Equity, Carrying Amount, Attributable to Parent Accrued liabilities Accrued Liabilities, Current Other Commitments Other Commitments [Member] Other Commitments Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020 Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020 [Member] Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020 Maturity of bank time deposits Maturity Of Bank Time Deposits Gross cash inflow of time deposits. Revenues Time Charter And Voyage Revenue [Text Block] This element represents the dislcosure of revenues, ballast bonus and other miscellaneous revenues generated from charterers, for the charter hire of vessels. Offering expenses Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Axis] Equity [Abstract] Equity [Abstract] Maxtessera Maxtessera [Member] Common Stock Common Stock [Member] Interest income Investment Income, Interest Taxes Cost, Direct Tax and License Operating (loss)/income Operating Income (Loss) Net revenues Net Revenues Revenues net of commissions Bunker fuel, annual tonnes Bunker Fuel, Annual Tonnes Bunker Fuel, Annual Tonnes Transferred to vessel cost Advances For Assets Acquisitions, Transfers And Changes Advances For Assets Acquisitions, Transfers And Changes Less/(plus) Mezzanine equity measurement Less/(plus) mezzanine equity measurement Temporary Equity, Accretion to Redemption Value, Adjustment Hedging Designation [Axis] Hedging Designation [Axis] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Property, Plant and Equipment [Abstract] Property, Plant and Equipment [Abstract] Share based compensation Share-based Payment Arrangement, Noncash Expense Vessel operating expenses Total Operating Costs and Expenses Long-term Debt Long-term Debt [Member] Additional Paid in Capital Additional Paid-in Capital [Member] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Petra Petra [Member] Depreciation Depreciation Depreciation expense Depreciation Series D Preferred Stock Series D Preferred Stock [Member] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Total Unrecorded Unconditional Purchase Obligation Accrued liabilities Increase (Decrease) in Accrued Liabilities Advances for Vessel Acquisition and Vessels under Construction Advances For Vessel Acquisitions And Vessels Under Construction [Table Text Block] Tabular disclosure of the gross amounts of long-lived assets under construction that includes construction costs, advances paid for vessels acquisition and vessels under construction, including capitalized expenses and interest, that have not been completed and delivered and not ready to be placed into service and transfers to vessels cost of vessels acquisitions and vessels under construction that have been completed and delivered and placed into service during the reporting period. Interest rate swap, notional amount Derivative, Notional Amount Other finance cost Other Nonoperating Income (Expense) Fair value of debt outstanding Long-term Debt, Fair Value Part payment of vessel advances through issuance of common stock and preferred stock Stock Issued Maximum Maximum [Member] Less Preferred dividend Less preferred dividend Preferred Stock Dividends, Income Statement Impact Total liabilities Liabilities Legal Entity [Axis] Legal Entity [Axis] Sale Leaseback Transaction, Description [Axis] Sale Leaseback Transaction, Description [Axis] MV Koulitsa MV Koulitsa [Member] MV Koulitsa Cash Flows from Financing Activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Total shareholders’ equity Beginning Balance Ending Balance Stockholders' Equity Attributable to Parent Common stock, shares issued (in shares) Common Stock, Shares, Issued Preferred stock, issued (in shares) Preferred Stock, Shares Issued Restricted cash Restricted cash – Current assets Restricted Cash and Cash Equivalents, Current December 2019 December 2019 [Member] December 2019 Cumulative redeemable perpetual preferred equity Cumulative Redeemable Perpetual Preferred Equity Amount of subscription receivable from investors for cumulative redeemable perpetual preferred equity. Repurchase of common stock Payments for Repurchase of Common Stock SHAREHOLDERS’ EQUITY: Stockholders' Equity Attributable to Parent [Abstract] Non Cash Investing and Financing Activities: Noncash Investing and Financing Items [Abstract] Glovertwo Glovertwo [Member] Derivative assets – Long-term Derivative assets / Non-current assets Derivative Asset, Noncurrent Interest expense Interest Expense FIXED ASSETS: Assets, Noncurrent [Abstract] Discontinued Operations and Disposal Groups [Abstract] Discontinued Operations and Disposal Groups [Abstract] Retained earnings Retained Earnings (Accumulated Deficit) Due to Manager Due To Manager [Member] Due To Manager Statement of Stockholders' Equity [Abstract] Statement of Stockholders' Equity [Abstract] Maximum covered by insurance Insurance Maximum Amount The maximum amount of the liabilities associated with the individual vessel actions, mainly for sea pollution covered by P&I Club insurance. Carrying value of vessels sold and leased back Property Plant And Equipment For Vessels Sold And Leased Back The carrying amount, as of the date of the latest financial statement presented, of vessels formerly owned by our respective subsidiaries that had been sold to third parties and taken back on a bareboat charter basis with either an obligation to purchase them back at the end of the respective charter period or an option to buy them during the respective charter period. Derivative Instruments, Gain (Loss) Derivative Instruments, Gain (Loss) [Table Text Block] November 2018 November 2018 [Member] November 2018 Income Statement [Abstract] Income Statement [Abstract] Amendment Flag Amendment Flag Shikokupente Shikokupente [Member] Shikokupente [Member] Total debt, net of deferred financing costs Long-Term Debt, Net Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Number of derivative contracts Derivative, Number of Instruments Held Derivative, term Derivative, Term of Contract Sale and leaseback, purchase obligation, period Sale Leaseback Transaction, Purchase Obligation Period Sale Leaseback Transaction, Purchase Obligation Period Commitments under Shipbuilding Contracts and Memorandums of Agreement Commitments Under Shipbuilding Contracts And Memorandums Of Agreement [Table Text Block] Tabular disclosure of the existing obligations and commitments under shipbuilding contracts and memorandums of agreement for the construction and acquisition of newbuild vessels as well as the settlement schedule of these commitments. Proceeds from long-term debt Proceeds from Issuance of Long-term Debt Repairs, maintenance and drydocking costs Cost Of Property Repairs Maintenance And Drydocking Costs The aggregate costs of keeping the property in good condition including the repairs, maintenance and drydocking costs. Equity Components [Axis] Equity Components [Axis] Revenues Total Time Charter And Voyage Revenue Revenues generated from charterers for the time or voyage charter hire of vessels.Revenues from time charter may also include ballast bonus, which is an amount paid by the charterer for repositioning the vessel at the charterers disposal, and other miscellaneous revenues from vessel operations. Vessel Operating Expenses Vessel Operating Expenses [Table Text Block] Tabular disclosure of the amount and analysis of the components constituting the vessels operating expenses. Fair Value Disclosures [Abstract] Fair Value Disclosures [Abstract] Total current assets Assets, Current Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Sale of Stock [Domain] Sale of Stock [Domain] Accrued revenue - Long-term Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900% Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900% [Member] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900% Inventories Inventory, Net Schedule of Stock by Class [Table] Schedule of Stock by Class [Table] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Statement of Financial Position [Abstract] Statement of Financial Position [Abstract] Commissions Commission Fees Expense Commission Fees Expense Number of dividends declared Number Of Dividends Declared Number Of Dividends Declared Schedule of Related Party Transactions Schedule of Related Party Transactions [Table Text Block] Current portion of Long-term debt Long-term Debt, Current Maturities Fair Value, by Balance Sheet Grouping [Table] Fair Value, by Balance Sheet Grouping [Table] Number of drybulk vessels Number Of Drybulk Vessels Number of drybulk vessels owned and operated as of period end Preferred stock, par value (in USD per share) Preferred Stock, Par or Stated Value Per Share Unpaid capital expenditures Construction in Progress Expenditures Incurred but Not yet Paid Equity Component [Domain] Equity Component [Domain] Share based compensation Shares Issued, Value, Share-based Payment Arrangement, before Forfeiture Transfer from Advances for vessels (Note 5) Property, Plant and Equipment, Transfers and Changes Disposal Group Name [Domain] Disposal Group Name [Domain] Related Party Transaction, Due from (to) Related Party, Current [Abstract] Related Party Transaction, Due from (to) Related Party, Current [Abstract] Statement [Line Items] Statement [Line Items] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Unearned revenue Increase (Decrease) in Contract with Customer, Liability Other income Other Income Gain on sale of vessels Gain on sale of vessels Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property Vessel Operating Expenses Vessel Operating Expenses [Text Block] This element represents the disclosure of vessel operating expenses. Mezzanine equity measurement Increase In Mezzanine Equity Measurement Increase In Mezzanine Equity Measurement Remaining performance obligation Revenue, Remaining Performance Obligation, Amount Deferred financing costs non-current Debt Issuance Costs, Noncurrent, Net Counterparty Name [Domain] Counterparty Name [Domain] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650% Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650% [Member] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650% Debt Disclosure [Abstract] Debt Disclosure [Abstract] Fair Value, Inputs, Level 2 Fair Value, Inputs, Level 2 [Member] Subsidiary, Sale of Stock [Line Items] Subsidiary, Sale of Stock [Line Items] Unearned revenue - Long-term Contract with Customer, Liability, Noncurrent Liability directly associated with assets held for sale Disposal Group, Including Discontinued Operation, Liabilities, Current Avstes Avstes [Member] Loss on derivatives Derivative, Gain (Loss) on Derivative, Net Entity [Domain] Entity [Domain] Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items] Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600% Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600% [Member] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600% Trade accounts payable Increase (Decrease) in Accounts Payable, Trade Computation of Basic Earnings/(Loss) Per Share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Interest Rate Swap, Expiring June 15, 2025 Interest Rate Swap, Expiring June 15, 2025 [Member] Interest Rate Swap, Expiring June 15, 2025 Proceeds on issuance of common stock Proceeds from Issuance of Common Stock Total assets Assets Common stock, authorized (in shares) Ordinary shares authorized (in shares) Common Stock, Shares Authorized Cash paid for interest (excluding capitalized interest): Interest Paid, Excluding Capitalized Interest, Operating Activities Financing cost, directly associated with asset held for sale Debt Issuance Costs, Assets Held For Sale Debt Issuance Costs, Assets Held For Sale Net (loss)/income available to common shareholders, diluted Net Income (Loss) Available to Common Stockholders, Diluted Maxeikosiexi Maxeikosiexi [Member] Net (loss)/income available to common shareholders, basic Net Income (Loss) Available to Common Stockholders, Basic Time charter revenue Time Charter Revenue Revenues generated from charterers for the time charter hire of vessels which implies a contract made for the use of a vessel for a specific period of time and at a specified daily charter rate. Derivative Contract [Domain] Derivative Contract [Domain] Shikoku Friendship Shikoku Friendship [Member] Shikoku Friendship [Member] Revolving credit facility Revolving Credit Facility [Member] Significant Accounting Policies Significant Accounting Policies [Text Block] Net Cash Provided by Operating Activities Net Cash Provided by (Used in) Operating Activities Vessel advances Vessel Acquisitions Including Advances For Vessels Under Construction This element represents cash outflows associated with acquisition of vessels including advances paid for vessels under construction and capitalized expenses and interest. Schedule of Debt Schedule of Debt [Table Text Block] Fair Value, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Subsequent Event [Line Items] Subsequent Event [Line Items] Premium for use of scrubbers, sulfur content Premium For Use Of Scrubbers, Sulfur Content Premium For Use Of Scrubbers, Sulfur Content Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Weighted average number of shares, basic (in shares) Weighted Average Number of Shares Outstanding, Basic (Loss)/earnings per share in U.S. Dollars, diluted (in USD per share) Earnings Per Share, Diluted Amortization and write-off of deferred finance charges Amortization and write-off of deferred finance charges Amortization of Debt Issuance Costs and Discounts Due to Manager Due to manager Due to Related Parties, Current Interest Rate Swap, Expiring August 27, 2024 Interest Rate Swap, Expiring August 27, 2024 [Member] Interest Rate Swap, Expiring August 27, 2024 Number of vessels financed by credit facility Number Of Vessels Financed By Credit Facility Number Of Vessels Financed By Credit Facility 2023 Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two Unrecorded Unconditional Purchase Obligation by Category of Item Purchased [Axis] Unrecorded Unconditional Purchase Obligation by Category of Item Purchased [Axis] Number of vessels employed under voyage charter Number Of Vessels Employed Under Voyage Charter Number Of Vessels Employed Under Voyage Charter Interest Rate Swap, Expiring July 9, 2025 Interest Rate Swap, Expiring July 9, 2025 [Member] Interest Rate Swap, Expiring July 9, 2025 Subsequent Events Subsequent Events [Text Block] Sale and leaseback, repurchase period Sale Leaseback Transaction, Repurchase Period Sale Leaseback Transaction, Repurchase Period Net Cash Used in Financing Activities Net Cash Provided by (Used in) Financing Activities Kerasies Kerasies [Member] Derivative liabilities – Long-term Derivative liabilities / Non-current liabilities Derivative Liability, Noncurrent Miscellaneous Other Cost and Expense, Operating Gloversix Gloversix [Member] Gloversix [Member] Bunker fuel, sulphur content Bunker Fuel, Sulphur Content Bunker Fuel, Sulphur Content Bunker fuel, monthly tonnes Bunker Fuel, Monthly Tonnes Bunker Fuel, Monthly Tonnes Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020 Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020 [Member] Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020 Interest Rate Swap, Expiring August 3, 2025 Interest Rate Swap, Expiring August 3, 2025 [Member] Interest Rate Swap, Expiring August 3, 2025 Interest Rate Swap, Expiring June 11, 2025 Interest Rate Swap, Expiring June 11, 2025 [Member] Interest Rate Swap, Expiring June 11, 2025 Inventories Increase (Decrease) in Inventories Dividends payable Dividends Payable Due to Shipyards/Sellers Due To Shipyards Sellers [Member] Due To Shipyards Sellers Sale and leaseback, lease term Sale Leaseback Transaction, Lease Term Sale Leaseback Transaction, Lease Term Common stock, shares outstanding (in shares) Common Stock, Shares, Outstanding Fair Value Disclosure of Asset and Liability Not Measured at Fair Value [Table] Derivative [Table] REVENUES: Revenues [Abstract] Spares, stores and provisions Direct Operating Maintenance Supplies Costs Stock sale program, gross offering proceeds of shares authorized to be sold Sale Of Stock, Gross Offering Proceeds Of Shares Authorized To Be Sold Sale Of Stock, Gross Offering Proceeds Of Shares Authorized To Be Sold Shikokuepta Shikokuepta [Member] Transfer to Assets Held for Sale (Note 6) Property, Plant And Equipment, Transfers To Assets Held For Sale, Net Property, Plant And Equipment, Transfers To Assets Held For Sale, Net Forward Freight Agreements Forward Freight [Member] Forward Freight Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800% Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800% [Member] Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800% Maxpente Maxpente [Member] Discontinued Operations and Disposal Groups [Abstract] Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] Carrying value of bunkers and lubricants onboard Disposal Group, Including Discontinued Operation, Bunkers And Lubricants Onboard, Current Disposal Group, Including Discontinued Operation, Bunkers And Lubricants Onboard, Current Income Statement Location [Domain] Income Statement Location [Domain] Long-term debt, net Long-term debt, net of deferred financing costs, non-current Long-Term Debt, Net Of Deferred Financing Costs, Non-Current Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Transfer to Assets Held for Sale (Note 6) Property, Plant And Equipment, Transfers To Assets Held For Sale Property, Plant And Equipment, Transfers To Assets Held For Sale Flat ship management fee Management Agreement Annual Ship Management Fee Management Agreement Annual Ship Management Fee Vessels, net Beginning Balance Ending Balance Property, Plant and Equipment, Net Vessels, Net Property, Plant and Equipment Disclosure [Text Block] Preferred share dividends declared Dividends, Preferred Stock, Cash Other non-current liabilities Other Liabilities, Noncurrent Vessel Cost Property, Plant and Equipment, Gross [Abstract] Derivative instruments – liability position Derivative Asset, Fair Value, Gross Liability Shikokutessera Shikokutessera [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Principal payments of long-term debt Repayments of Long-term Debt Earnings Per Share [Abstract] Earnings Per Share [Abstract] Total derivative assets Derivative Asset Beginning Balance Ending Balance Property, Plant and Equipment, Gross Foreign Exchange Agreements Foreign Exchange Contract [Member] Line of Credit Facility [Table] Line of Credit Facility [Table] Series C Preferred Stock Series C Preferred Stock [Member] EXPENSES: Costs and Expenses [Abstract] Long-term debt Long-term Debt, Excluding Current Maturities Reconciliation of Cash, Cash Equivalents and Restricted Cash: Additional Cash Flow Elements, Summations [Abstract] Earnings Per Share, Basic and Diluted [Abstract] Earnings Per Share, Basic and Diluted [Abstract] Pelea, Vasstwo, Eniaprohi, Vassone Pelea, Vasstwo, Eniaprohi, Vassone [Member] Pelea, Vasstwo, Eniaprohi, Vassone [Member] Maxdeka Maxdeka [Member] Series A Preferred Stock Series A Preferred Stock [Member] Unrecorded Unconditional Purchase Obligation [Line Items] Unrecorded Unconditional Purchase Obligation [Line Items] Counterparty Name [Axis] Counterparty Name [Axis] Common Stock Common Class A [Member] Cash, cash equivalents and restricted cash at beginning of year Cash, cash equivalents and restricted cash at end of year Cash, cash equivalents and restricted cash shown in the statement of cash flows Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Accrued revenue Contract with Customer, Asset, after Allowance for Credit Loss, Current Number of shares issued in transaction (in shares) Sale of Stock, Number of Shares Issued in Transaction Common stock, par value (in USD per share) Ordinary shares par value (in USD per share) Common Stock, Par or Stated Value Per Share Crew wages and related costs Cost, Direct Labor CURRENT ASSETS: Assets, Current [Abstract] Entity Central Index Key Entity Central Index Key Repayment of long-term debt, amount prepaid Repayment Of Long-Term Debt, Prepaid Repayment Of Long-Term Debt, Prepaid Soffive Soffive [Member] Revenue from premium for use of scrubbers Time Charter Revenue From Premium For Use Of Scrubbers Time Charter Revenue From Premium For Use Of Scrubbers Due from Manager Increase (Decrease) in Accounts Receivable, Related Parties Weighted average number of shares, diluted (in shares) Weighted Average Number of Shares Outstanding, Diluted Maxeikositessera Maxeikositessera [Member] Advances for Vessels Advances For Assets Acquisitions And Assets Under Construction [Text Block] This element represents the disclosure for the gross amount of, advances for vessel acquisition and costs and advances paid for assets under construction that are not ready to be placed into service and that have not been completed and delivered including capitalized expenses and interest, asset cancellations and transfers to vessel cost. Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Current Fiscal Year End Date Current Fiscal Year End Date Share Capital Stockholders' Equity Note Disclosure [Text Block] Interest Rate Swap, Expiring August 1, 2023 Interest Rate Swap, Expiring August 1, 2023 [Member] Interest Rate Swap, Expiring August 1, 2023 Number of impaired vessels Number Of Impaired Vessels Number Of Impaired Vessels Voyage charter revenue Voyage Charter Revenue Revenues generated from voyage charter hire of vessels which implies a contract made for the use of a vessel under which freight is paid on the basis of moving cargo from a loading port to a discharge port. Statement of Cash Flows [Abstract] Statement of Cash Flows [Abstract] OTHER (EXPENSE)/INCOME: Nonoperating Income (Expense) [Abstract] Number of subsidiaries Number Of Subsidiaries Number of subsidiaries owned by the entity. Class of Stock [Line Items] Class of Stock [Line Items] Not designated as hedging instrument Not Designated as Hedging Instrument [Member] MV Pedhoulas Fighter MV Pedhoulas Fighter [Member] MV Pedhoulas Fighter Credit Facility [Axis] Credit Facility [Axis] Net Used in Investing Activities Net Cash Provided by (Used in) Investing Activities Change in: Increase (Decrease) in Operating Capital [Abstract] Beginning Balance Ending Balance Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Accumulated Depreciation Depreciation [Abstract] Cash Flows from Operating Activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Remaining consideration available on sale of stock Sale Of Stock, Remaining Consideration Available For Sale Sale Of Stock, Remaining Consideration Available For Sale Total current liabilities Liabilities, Current Pemer Pemer [Member] Class of Stock [Domain] Class of Stock [Domain] Payments of ordinary dividends, preferred stock and preference stock Payments of Ordinary Dividends, Preferred Stock and Preference Stock Shikokupente, Shikokuennia, Penner, Petra Shikokupente, Shikokuennia, Pemer, Petra [Member] Shikokupente, Shikokuennia, Pemer, Petra [Member] Cumulative Preferred Stock Cumulative Preferred Stock [Member] Line of credit facility Line of Credit Facility, Maximum Borrowing Capacity Trade accounts payable Accounts Payable, Trade, Current November 2014 November 2014 [Member] November 2014 Entity Address, Postal Zip Code Entity Address, Postal Zip Code Line of Credit Facility [Line Items] Line of Credit Facility [Line Items] Assets held for sale Disposal Group, Including Discontinued Operation, Assets, Current Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Statement [Table] Statement [Table] Recent Accounting Pronouncements New Accounting Pronouncements, Policy [Policy Text Block] June 2021 June 2021 [Member] June 2021 April 2019 April 2019 [Member] April 2019 Time deposits Deposits Assets, Current Statistical Measurement [Axis] Statistical Measurement [Axis] Maxeikosiena Maxeikosiena [Member] Carrying value of the vessel Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current Schedule of Vessels, Net Schedule Of Vessels Net [Table Text Block] Tabular disclosure of the rollforward of the value of long-lived, physical assets that are used in the normal conduct of business and not intended for resale. Accrued revenue Increase (Decrease) in Other Receivables Advances for vessels Advances for vessels, beginning balance Advances for vessels, ending balance Advances For Assets Acquisitions And Assets Under Construction Gross amount, at the balance sheet date, of long-lived assets under construction that include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service and advances and costs paid for assets under acquisition that have not been completed and delivered and not ready to be placed into service as at the balance sheet date. Subsequent event Subsequent Event [Member] Cover [Abstract] Cover [Abstract] Preferred Stock Preferred Stock [Member] Interest Rate Swap, Expiring July 30, 2025 Interest Rate Swap, Expiring July 30, 2025 [Member] Interest Rate Swap, Expiring July 30, 2025 Interest Rate Swap, Expiring July 16, 2025 Interest Rate Swap, Expiring July 16, 2025 [Member] Interest Rate Swap, Expiring July 16, 2025 Additions for advances, including capitalized expenses and interest Advances Paid Capitalized Expenses And Interest And Accrued Vessel Cost Advances paid for vessels acquisitions, vessels under construction and vessel improvements and comprise payments of instalments that were due to the respective shipyard or third-party sellers, capitalized interest, certain capitalized expenses and expenditures for major improvements and regulatory compliance. Adjustments to reconcile net (loss)/income to net cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Schedule of Derivative Instruments in Statement of Financial Position, Fair Value Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] Number of vessel repurchased under the sale and leaseback agreement Sale And Leaseback Agreement, Vessel Repurchased, Number Sale And Leaseback Agreement, Vessel Repurchased, Number Transactions with Related Parties Related Party Transactions Disclosure [Text Block] Interest Rate Swap, Expiring October 20, 2023 Interest Rate Swap, Expiring October 20, 2023 [Member] Interest Rate Swap, Expiring October 20, 2023 Number of Memoranda of Agreement entered with unrelated third parties Number Of Memoranda Of Agreement Entered With Unrelated Third Parties Number Of Memoranda Of Agreement Entered With Unrelated Third Parties EX-101.PRE 6 sb-20210930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 7 sb-20210930_htm.xml IDEA: XBRL DOCUMENT 0001434754 2021-01-01 2021-09-30 0001434754 2020-12-31 0001434754 2021-09-30 0001434754 us-gaap:SeriesCPreferredStockMember 2020-12-31 0001434754 us-gaap:SeriesCPreferredStockMember 2021-09-30 0001434754 us-gaap:SeriesDPreferredStockMember 2020-12-31 0001434754 us-gaap:SeriesDPreferredStockMember 2021-09-30 0001434754 2020-01-01 2020-09-30 0001434754 us-gaap:CommonStockMember 2019-12-31 0001434754 us-gaap:TreasuryStockCommonMember 2019-12-31 0001434754 us-gaap:PreferredStockMember 2019-12-31 0001434754 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0001434754 us-gaap:RetainedEarningsMember 2019-12-31 0001434754 2019-12-31 0001434754 us-gaap:RetainedEarningsMember 2020-01-01 2020-09-30 0001434754 us-gaap:CommonStockMember 2020-01-01 2020-09-30 0001434754 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-09-30 0001434754 us-gaap:CommonStockMember us-gaap:CommonStockMember 2020-01-01 2020-09-30 0001434754 us-gaap:CommonStockMember us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-09-30 0001434754 us-gaap:CommonStockMember 2020-01-01 2020-09-30 0001434754 us-gaap:PreferredStockMember us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-09-30 0001434754 us-gaap:PreferredStockMember 2020-01-01 2020-09-30 0001434754 us-gaap:CommonStockMember 2020-09-30 0001434754 us-gaap:TreasuryStockCommonMember 2020-09-30 0001434754 us-gaap:PreferredStockMember 2020-09-30 0001434754 us-gaap:AdditionalPaidInCapitalMember 2020-09-30 0001434754 us-gaap:RetainedEarningsMember 2020-09-30 0001434754 2020-09-30 0001434754 us-gaap:CommonStockMember 2020-12-31 0001434754 us-gaap:TreasuryStockCommonMember 2020-12-31 0001434754 us-gaap:PreferredStockMember 2020-12-31 0001434754 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001434754 us-gaap:RetainedEarningsMember 2020-12-31 0001434754 us-gaap:RetainedEarningsMember 2021-01-01 2021-09-30 0001434754 us-gaap:CommonStockMember 2021-01-01 2021-09-30 0001434754 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-09-30 0001434754 us-gaap:CommonStockMember 2021-09-30 0001434754 us-gaap:TreasuryStockCommonMember 2021-09-30 0001434754 us-gaap:PreferredStockMember 2021-09-30 0001434754 us-gaap:AdditionalPaidInCapitalMember 2021-09-30 0001434754 us-gaap:RetainedEarningsMember 2021-09-30 0001434754 us-gaap:SeriesAPreferredStockMember us-gaap:PrivatePlacementMember 2018-06-01 2018-06-30 0001434754 2018-06-30 0001434754 2018-05-29 2018-05-29 0001434754 2021-05-29 2021-05-29 0001434754 us-gaap:LineOfCreditMember 2021-06-30 0001434754 us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember 2021-06-30 0001434754 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2021-06-30 0001434754 us-gaap:LineOfCreditMember 2021-06-01 2021-06-30 0001434754 2020-01-01 2020-12-31 0001434754 2021-09-30 2021-09-30 0001434754 sb:MVKoulitsaMember 2021-09-30 0001434754 sb:MVPedhoulasFighterMember 2021-09-30 0001434754 2021-06-01 2021-09-30 0001434754 sb:MVKoulitsaMember 2021-06-30 0001434754 sb:MaxeikosieptaMember 2020-12-31 0001434754 sb:MaxeikosieptaMember 2021-09-30 0001434754 sb:November2018Member sb:MaxtesseraMember 2020-12-31 0001434754 sb:November2018Member sb:MaxtesseraMember 2021-09-30 0001434754 sb:AvstesMember 2020-12-31 0001434754 sb:AvstesMember 2021-09-30 0001434754 sb:MaxeikosiMember 2020-12-31 0001434754 sb:MaxeikosiMember 2021-09-30 0001434754 sb:MaxeikosiexiMember 2020-12-31 0001434754 sb:MaxeikosiexiMember 2021-09-30 0001434754 sb:MarathassaMember 2020-12-31 0001434754 sb:MarathassaMember 2021-09-30 0001434754 sb:MarinoukiMember 2020-12-31 0001434754 sb:MarinoukiMember 2021-09-30 0001434754 sb:KerasiesMember 2020-12-31 0001434754 sb:KerasiesMember 2021-09-30 0001434754 sb:SoffiveMember 2020-12-31 0001434754 sb:SoffiveMember 2021-09-30 0001434754 sb:EptaprohiMember 2020-12-31 0001434754 sb:EptaprohiMember 2021-09-30 0001434754 sb:PetraMember 2020-12-31 0001434754 sb:PetraMember 2021-09-30 0001434754 sb:PemerMember 2020-12-31 0001434754 sb:PemerMember 2021-09-30 0001434754 sb:December2019Member 2020-12-31 0001434754 sb:December2019Member 2021-09-30 0001434754 sb:February2016Member sb:ShikokueptaMember 2020-12-31 0001434754 sb:February2016Member sb:ShikokueptaMember 2021-09-30 0001434754 sb:November2014Member 2020-12-31 0001434754 sb:November2014Member 2021-09-30 0001434754 sb:MaxeikosienaMember 2020-12-31 0001434754 sb:MaxeikosienaMember 2021-09-30 0001434754 sb:April2019Member 2020-12-31 0001434754 sb:April2019Member 2021-09-30 0001434754 sb:ShikokupenteShikokuenniaPemerPetraMember 2020-12-31 0001434754 sb:ShikokupenteShikokuenniaPemerPetraMember 2021-09-30 0001434754 sb:ShikokupenteMember 2020-12-31 0001434754 sb:ShikokupenteMember 2021-09-30 0001434754 sb:ShikokuenniaMember 2020-12-31 0001434754 sb:ShikokuenniaMember 2021-09-30 0001434754 sb:MaxeikositriaMember 2020-12-31 0001434754 sb:MaxeikositriaMember 2021-09-30 0001434754 sb:MaxpenteMember 2020-12-31 0001434754 sb:MaxpenteMember 2021-09-30 0001434754 sb:MaxeikositesseraMember 2020-12-31 0001434754 sb:MaxeikositesseraMember 2021-09-30 0001434754 sb:MaxentekaMember 2020-12-31 0001434754 sb:MaxentekaMember 2021-09-30 0001434754 sb:November2018Member 2020-12-31 0001434754 sb:November2018Member 2021-09-30 0001434754 sb:PeleaVasstwoEniaprohiVassoneMember 2020-12-31 0001434754 sb:PeleaVasstwoEniaprohiVassoneMember 2021-09-30 0001434754 sb:MaxdekaMember 2020-12-31 0001434754 sb:MaxdekaMember 2021-09-30 0001434754 sb:ShikokuFriendshipMember 2020-12-31 0001434754 sb:ShikokuFriendshipMember 2021-09-30 0001434754 sb:ShikokutesseraMember 2020-12-31 0001434754 sb:ShikokutesseraMember 2021-09-30 0001434754 sb:GlovertwoMember 2020-12-31 0001434754 sb:GlovertwoMember 2021-09-30 0001434754 sb:PentakomoMember 2020-12-31 0001434754 sb:PentakomoMember 2021-09-30 0001434754 sb:MaxdekatriaMember 2020-12-31 0001434754 sb:MaxdekatriaMember 2021-09-30 0001434754 sb:June2021Member sb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember 2020-12-31 0001434754 sb:June2021Member sb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember 2021-09-30 0001434754 sb:June20212Member sb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember 2020-12-31 0001434754 sb:June20212Member sb:EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember 2021-09-30 0001434754 sb:September2021Member 2020-12-31 0001434754 sb:September2021Member 2021-09-30 0001434754 sb:April2021Member sb:MaxtesseraMember 2020-12-31 0001434754 sb:April2021Member sb:MaxtesseraMember 2021-09-30 0001434754 sb:YoungtwoMember 2020-12-31 0001434754 sb:YoungtwoMember 2021-09-30 0001434754 sb:MonagrouliMember 2020-12-31 0001434754 sb:MonagrouliMember 2021-09-30 0001434754 sb:ShikokuoktoMember 2020-12-31 0001434754 sb:ShikokuoktoMember 2021-09-30 0001434754 sb:GloversixMember 2020-12-31 0001434754 sb:GloversixMember 2021-09-30 0001434754 sb:PinewoodMember 2020-12-31 0001434754 sb:PinewoodMember 2021-09-30 0001434754 sb:August2021Member sb:ShikokueptaMember 2020-12-31 0001434754 sb:August2021Member sb:ShikokueptaMember 2021-09-30 0001434754 sb:ShikokueptaMember 2021-08-31 0001434754 sb:ShikokueptaMember 2021-08-01 2021-08-31 0001434754 us-gaap:LineOfCreditMember 2021-09-30 0001434754 us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember 2021-09-30 0001434754 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2021-09-30 0001434754 us-gaap:CommonClassAMember sb:A2020AugustATMProgramMember 2021-05-01 2021-05-31 0001434754 us-gaap:CommonClassAMember sb:A2020AugustATMProgramMember 2021-05-01 2021-09-30 0001434754 us-gaap:CommonClassAMember sb:A2020AugustATMProgramMember 2021-09-30 0001434754 sb:DueToShipyardsSellersMember 2021-09-30 0001434754 sb:DueToManagerMember 2021-09-30 0001434754 sb:OtherCommitmentsMember 2021-09-30 0001434754 srt:MinimumMember 2021-01-01 2021-09-30 0001434754 srt:MaximumMember 2021-01-01 2021-09-30 0001434754 sb:ShikokupenteMember sb:InterestRateSwapExpiringAugust12023Member 2021-09-30 0001434754 sb:ShikokupenteMember sb:InterestRateSwapExpiringAugust12023Member 2020-12-31 0001434754 sb:ShikokuenniaMember sb:InterestRateSwapExpiringOctober202023Member 2021-09-30 0001434754 sb:ShikokuenniaMember sb:InterestRateSwapExpiringOctober202023Member 2020-12-31 0001434754 sb:MaxpenteMember sb:InterestRateSwapExpiringAugust272024Member 2021-09-30 0001434754 sb:MaxpenteMember sb:InterestRateSwapExpiringAugust272024Member 2020-12-31 0001434754 sb:MaxentekaMember sb:InterestRateSwapExpiringAugust272024Member 2021-09-30 0001434754 sb:MaxentekaMember sb:InterestRateSwapExpiringAugust272024Member 2020-12-31 0001434754 sb:MaxeikositesseraMember sb:InterestRateSwapExpiringAugust272024Member 2021-09-30 0001434754 sb:MaxeikositesseraMember sb:InterestRateSwapExpiringAugust272024Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0990Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0990Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0900Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0900Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0800Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0800Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0650Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0650Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0600Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringSeptember302024FixedRate0600Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionMay52020Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionMay52020Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionJuly102020Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0400InceptionJuly102020Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly102020Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly102020Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly142020Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly142020Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJune42025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJune42025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJune112025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJune112025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJune152025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJune152025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJune302025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJune302025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJuly12025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJuly12025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJuly92025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJuly92025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJuly162025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJuly162025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJuly302025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJuly302025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringAugust32025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringAugust32025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringDecember312025Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringDecember312025Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringMay102026Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringMay102026Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJuly212026Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJuly212026Member 2020-12-31 0001434754 sb:InterestRateSwapExpiringJuly222026Member 2021-09-30 0001434754 sb:InterestRateSwapExpiringJuly222026Member 2020-12-31 0001434754 us-gaap:InterestRateSwapMember 2020-12-31 0001434754 us-gaap:InterestRateSwapMember 2021-09-30 0001434754 2021-02-01 2021-02-28 0001434754 srt:MinimumMember 2021-02-01 2021-02-28 0001434754 srt:MaximumMember 2021-02-01 2021-02-28 0001434754 sb:ForwardFreightMember 2021-09-30 0001434754 sb:ForwardFreightMember 2021-01-01 2021-09-30 0001434754 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2020-12-31 0001434754 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2021-09-30 0001434754 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2020-12-31 0001434754 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2021-09-30 0001434754 sb:BunkerFuelContractsMember us-gaap:NondesignatedMember 2020-12-31 0001434754 sb:BunkerFuelContractsMember us-gaap:NondesignatedMember 2021-09-30 0001434754 sb:ForwardFreightMember us-gaap:NondesignatedMember 2020-12-31 0001434754 sb:ForwardFreightMember us-gaap:NondesignatedMember 2021-09-30 0001434754 us-gaap:NondesignatedMember 2020-12-31 0001434754 us-gaap:NondesignatedMember 2021-09-30 0001434754 us-gaap:InterestRateContractMember sb:OtherExpenseIncomeOnDerivatesMember 2020-01-01 2020-09-30 0001434754 us-gaap:InterestRateContractMember sb:OtherExpenseIncomeOnDerivatesMember 2021-01-01 2021-09-30 0001434754 sb:BunkerFuelContractsMember sb:OtherExpenseIncomeOnDerivatesMember 2020-01-01 2020-09-30 0001434754 sb:BunkerFuelContractsMember sb:OtherExpenseIncomeOnDerivatesMember 2021-01-01 2021-09-30 0001434754 us-gaap:ForeignExchangeContractMember sb:OtherExpenseIncomeOnDerivatesMember 2020-01-01 2020-09-30 0001434754 us-gaap:ForeignExchangeContractMember sb:OtherExpenseIncomeOnDerivatesMember 2021-01-01 2021-09-30 0001434754 sb:ForwardFreightMember sb:OtherExpenseIncomeOnDerivatesMember 2020-01-01 2020-09-30 0001434754 sb:ForwardFreightMember sb:OtherExpenseIncomeOnDerivatesMember 2021-01-01 2021-09-30 0001434754 us-gaap:FairValueInputsLevel2Member 2020-12-31 0001434754 us-gaap:FairValueInputsLevel2Member 2021-09-30 0001434754 us-gaap:SeriesDPreferredStockMember 2021-01-01 2021-09-30 0001434754 us-gaap:SeriesCPreferredStockMember 2021-01-01 2021-09-30 0001434754 us-gaap:SeriesAPreferredStockMember sb:PinewoodMember 2021-01-01 2021-09-30 0001434754 us-gaap:CumulativePreferredStockMember us-gaap:SubsequentEventMember 2021-10-08 0001434754 sb:ForwardFreightMember us-gaap:SubsequentEventMember 2021-10-01 2021-10-31 0001434754 us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2021-10-31 0001434754 us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2021-10-31 0001434754 us-gaap:LongTermDebtMember us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2021-10-31 0001434754 us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2021-10-01 2021-10-31 0001434754 us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2021-10-01 2021-10-31 iso4217:USD iso4217:USD shares shares sb:subsidiary sb:vessel iso4217:EUR sb:agreement pure sb:charter sb:tonne sb:derivative sb:dividend 2021-09-30 false --12-31 0001434754 P3Y P1M 6-K/A SAFE BULKERS, INC. Apt. D11 Les Acanthes 6, Avenue des Citronniers MC98000 Monaco MC 7470000 632000 90038000 94500000 11780000 1230000 4884000 4521000 8057000 25701000 48000 0 12036000 7213000 99000 0 557000 1659000 3400000 1614000 3835000 3379000 134734000 139817000 942164000 851549000 9126000 57852000 951290000 909401000 160000 198000 18754000 11276000 54000 2771000 75000 230000 562000 115000 1105629000 1063808000 75784000 34394000 3983000 8046000 6223000 11610000 13480000 7500000 4663000 4260000 582000 362000 0 47000 104715000 66219000 531883000 371311000 3536000 6978000 1396000 295000 1240000 2216000 642770000 447019000 18112000 0 0.001 0.001 200000000 200000000 102174594 102174594 121634602 121634602 102000 122000 0.01 0.01 20000000 20000000 2297504 2297504 2297504 2297504 3195050 3195050 3195050 3195050 55000 55000 354284000 425210000 90306000 191402000 444747000 616789000 1105629000 1063808000 151632000 247032000 5703000 10442000 145929000 236590000 36866000 9284000 54716000 53467000 40395000 39153000 13849000 14636000 1976000 2388000 0 7470000 0 632000 -1873000 125764000 16900000 11826000 -467000 -462000 563000 63000 -1009000 -1977000 491000 -611000 1324000 1808000 -20519000 109143000 8622000 8318000 495000 -271000 -29636000 -29636000 101096000 101096000 -0.29 -0.29 0.91 0.91 102762932 102762932 111044439 111044439 104000 0 55000 356963000 115620000 472742000 -20519000 -20519000 495000 495000 3000 3297000 3300000 5000 6007000 6012000 89000 89000 90000 90000 8624000 8624000 102000 0 55000 354254000 85982000 440393000 102000 0 55000 354284000 90306000 444747000 109143000 109143000 271000 271000 20000 71517000 71537000 681000 681000 90000 90000 8318000 8318000 122000 0 55000 425210000 191402000 616789000 -20519000 109143000 40395000 39153000 0 632000 1324000 1808000 -1452000 3939000 5000 -539000 90000 90000 -8048000 -363000 -477000 -48000 1178000 -5130000 245000 1257000 -366000 -456000 -9000 47000 179000 -6019000 1288000 -774000 780000 1029000 1763000 8829000 34206000 154014000 39458000 85030000 0 70648000 82013000 1230000 85940000 11780000 -35531000 -3832000 78400000 128800000 70513000 326251000 8752000 8452000 1177000 2029000 0 71537000 6012000 0 0 343000 89000 17707000 -8143000 -154445000 -9468000 -4263000 5000 -539000 92639000 112192000 83176000 107390000 14162000 11170000 412000 374000 3300000 0 2543000 1166000 64022000 94500000 2000000 1614000 17154000 11276000 83176000 107390000 Basis of Presentation and General Information<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Safe Bulkers, Inc., (“Safe Bulkers”) was formed on December 11, 2007, under the laws of the Republic of the Marshall Islands. Safe Bulkers’ common stock trades on the New York Stock Exchange (“NYSE”) under the symbol “SB.”</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Polys Hajioannou and his family, by virtue of shares owned indirectly through various private entities are the controlling shareholders of Safe Bulkers, being the largest shareholders and as a result control the outcome of matters on which shareholders are entitled to vote, including the election of the entire board of directors and other significant corporate actions.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2021, Safe Bulkers </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">held 56 wh</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">olly-owned companies (which are referred to herein as “Subsidiaries”) which together owned and operated a fleet of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">39</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> drybulk vessels.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Safe Bulkers and its Subsidiaries are collectively referred to in the notes to the consolidated financial statements as the “Company.”</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s principal business is the ownership and operation of drybulk vessels. The Company’s vessels operate worldwide, carrying drybulk cargo for the world’s largest consumers of marine drybulk transportation services. Safety Management Overseas S.A., a company incorporated under the laws of the Republic of Panama (“Safety Management”) and Safe Bulkers Management Limited, a company incorporated under the laws of the Republic of Cyprus (“Safe Bulkers Management,” and, together with Safety Management, the “Managers,” and either of them “the Manager”), related parties both controlled by Polys Hajioannou, provide technical, commercial and administrative management services to the Company.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements include the operations, assets and liabilities of the Company, and of its Subsidiaries listed below:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.415%"><tr><td style="width:1.0%"/><td style="width:47.870%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:2.870%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.164%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.005%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.458%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.564%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.169%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Subsidiary</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Vessel Name</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Type</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Built</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosiexi Shipping Corporation (“Maxeikosiexi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(3)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Koulitsa</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2003</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kerasies Shipping Corporation (“Kerasies”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Katerina</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2004</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marathassa Shipping Corporation (“Marathassa”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Maritsa</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2005</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kyotofriendo One Shipping Corporation (“Kyotofriendo One”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)(10)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Paraskevi 2</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2011</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikositessera Shipping Corporation (“Maxeikositessera”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Efrossini</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Glovertwo Shipping Corporation (“Glovertwo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Zoe</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2013</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kyotofriendo Two Shipping Corporation (“Kyotofriendo Two”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)(11)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Koulitsa 2</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2013</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokutessera Shipping Inc. (“Shikokutessera”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Land</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2014</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokupente Shipping Inc. (“Shikokupente”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Sea</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2014</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverfour Shipping Corporation (“Gloverfour”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Bravery</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2015</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuokto Shipping Corporation (“Shikokuokto”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Sky</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2015</span></td></tr></table></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">F-7</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:46.993%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.292%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.254%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.706%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.216%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.146%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.393%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Subsidiary</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Vessel Name</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Type</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Built</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverfive Shipping Corporation (“Gloverfive”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Loyalty</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2015</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloversix Shipping Corporation (“Gloversix”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Spirit</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pemer Shipping Ltd. (“Pemer”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Merchant</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Petra Shipping Ltd. (“Petra”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Trader</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pelea Shipping Ltd. (“Pelea”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Leader</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2007</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vassone Shipping Corporation (“Vassone”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Commander</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2008</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikositria Shipping Corporation (“Maxeikositria”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(4)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Fighter</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Youngone Shipping Corporation (“Youngone”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Cherry</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2015</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Youngtwo Shipping Corporation (“Youngtwo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Rose</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2017</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pinewood Shipping Corporation (“Pinewood”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)(5)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Cedrus</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2018</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marinouki Shipping Corporation (“Marinouki”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Marina</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Soffive Shipping Corporation (“Soffive”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Sophia</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2007</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vasstwo Shipping Corporation (“Vasstwo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Xenia</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eniaprohi Shipping Corporation (“Eniaprohi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Eleni</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2008</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eniadefhi Shipping Corporation (“Eniadefhi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Martine</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2009</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxdodeka Shipping Corporation (“Maxdodeka”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Andreas K</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2009</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pentakomo Shipping Corporation (“Pentakomo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Agios Spyridonas</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxdekatria Shipping Corporation (“Maxdekatria”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Panayiota K</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxdeka Shipping Corporation (“Maxdeka”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Venus Heritage</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikoku Friendship Shipping Company (“Shikoku”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Venus History</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2011</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxenteka Shipping Corporation (“Maxenteka”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Venus Horizon</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuepta Shipping Inc. (“Shikokuepta”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Troodos Sun</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuexi Shipping Inc. (“Shikokuexi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Troodos Air</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Monagrouli Shipping Corporation (“Monagrouli”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Troodos Oak</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxpente Shipping Corporation (“Maxpente”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kanaris</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eptaprohi Shipping Corporation (“Eptaprohi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pelopidas</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2011</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxtessera Shipping Corporation (“Maxtessera”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Lake Despina</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2014</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuennia Shipping Corporation (“Shikokuennia”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Mount Troodos</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2009</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agros Shipping Corporation (“Agros”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H1381</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q2 2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Lofou Shipping Corporation (“Lofou”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11013</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q3 2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Yasudyo Shipping Corporation (“Yasudyo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H1392</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q4 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shimafive Shipping Corporation (“Shimafive”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11064</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q4 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shimasix Shipping Corporation (“Shimasix”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11065</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q1 2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shimaseven Shipping Corporation (“Shimaseven”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2) </span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11067</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q1 2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverthree Shipping Corporation (“Gloverthree”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11042</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q1 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverseven Shipping Corporation (“Gloverseven”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11043</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q2 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosiepta Shipping Corporation (“Maxeikosiepta”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(6)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Paraskevi</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2003</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Avstes Shipping Corporation (“Avstes”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(7)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Vassos</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2004</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosi Shipping Corporation (“Maxeikosi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(8)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Builder</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2012</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marindou Shipping Corporation (“Marindou”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(9)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Maria</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2003</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosiena Shipping Corporation (“Maxeikosiena”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(9)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Farmer</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosipente Shipping Corporation</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(“Maxeikosipente”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Staloudi Shipping Corporation (“Staloudi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr></table><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:46.993%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.292%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.254%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.706%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.216%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.146%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.393%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Metamou Shipping Corporation (“Metamou”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (2)(12)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Armonikos Shipping Corporation ("Armonikos")</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (2)(13)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Incorporated under the laws of the Republic of Liberia.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Incorporated under the laws of the Republic of the Marshall Islands.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(3)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">In June 2021, the Company entered into an agreement for the sale of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">MV Koulitsa</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The vessel was delivered to her new owners in November 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(4)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">In September 2021, the Company entered into an agreement for the sale of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">MV Pedhoulas Fighter</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The sale is expected to be consummated in December 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(5)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">On July 29, 2016, the Shipsales Contract relating to a newbuild vessel initially contracted by Kyotofriendo Two, was novated to Pinewood. Under an agreement with an unaffiliated third party, upon delivery of the vessel, named </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Pedhoulas Cedrus</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, to Pinewood in June 2018, 100 shares of Series A Preferred Stock of Pinewood were issued to the unaffiliated third party for proceeds in the equivalent of $16,875 at the time of issuance, which were used to finance part of the cost of such vessel. All Series A Preferred Stock were redeemed by Pinewood in February 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(6)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in January 2021 and delivered to her new owners in April 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(7)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in January 2021 and delivered to her new owners in May 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(8)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in May 2021 and delivered to her new owners in June 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(9)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in May 2021 and delivered to her new owners in September 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(10)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">Vessel acquired in March 2021.</span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(11)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">Vessel acquired in July 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(12)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">In July 2021, the Company entered into an agreement for the acquisition of a 2012-built Japanese Capesize class</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">vessel to be named </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> Stelios Y</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The vessel is expected to be delivered in November 2021</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(13)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">In July 2021, the Company entered into an agreement for the acquisition of a 2013-built Japanese Post-Panamax class</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">vessel </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Venus Harmony, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">which was delivered to us in October 20, 2021. Refer to Note 15.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="margin-bottom:6pt;padding-left:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the management of Safe Bulkers, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of financial position, operating results and cash flows have been included in the statements. Interim results are not necessarily indicative of results that may be expected for the year ended December 31, 2021. These financial statements should be read in conjunction with the consolidated financial statements and footnotes for the year ended December 31, 2020 included in the Company’s Annual Report on Form 20-F.</span></div> 56 39 <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements include the operations, assets and liabilities of the Company, and of its Subsidiaries listed below:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.415%"><tr><td style="width:1.0%"/><td style="width:47.870%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:2.870%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.164%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.005%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.458%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.564%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.169%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Subsidiary</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Vessel Name</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Type</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Built</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosiexi Shipping Corporation (“Maxeikosiexi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(3)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Koulitsa</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2003</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kerasies Shipping Corporation (“Kerasies”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Katerina</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2004</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marathassa Shipping Corporation (“Marathassa”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Maritsa</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2005</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kyotofriendo One Shipping Corporation (“Kyotofriendo One”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)(10)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Paraskevi 2</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2011</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikositessera Shipping Corporation (“Maxeikositessera”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Efrossini</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Glovertwo Shipping Corporation (“Glovertwo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Zoe</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2013</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kyotofriendo Two Shipping Corporation (“Kyotofriendo Two”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)(11)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Koulitsa 2</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2013</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokutessera Shipping Inc. (“Shikokutessera”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Land</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2014</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokupente Shipping Inc. (“Shikokupente”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Sea</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2014</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverfour Shipping Corporation (“Gloverfour”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Bravery</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2015</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuokto Shipping Corporation (“Shikokuokto”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Sky</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2015</span></td></tr></table></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">F-7</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:46.993%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.292%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.254%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.706%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.216%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.146%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.393%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Subsidiary</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Vessel Name</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Type</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Built</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverfive Shipping Corporation (“Gloverfive”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Loyalty</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2015</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloversix Shipping Corporation (“Gloversix”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kypros Spirit</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pemer Shipping Ltd. (“Pemer”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Merchant</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Petra Shipping Ltd. (“Petra”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Trader</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pelea Shipping Ltd. (“Pelea”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Leader</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2007</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vassone Shipping Corporation (“Vassone”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Commander</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2008</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikositria Shipping Corporation (“Maxeikositria”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(4)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Fighter</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Youngone Shipping Corporation (“Youngone”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Cherry</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 2015</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Youngtwo Shipping Corporation (“Youngtwo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Rose</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2017</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pinewood Shipping Corporation (“Pinewood”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)(5)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Cedrus</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2018</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marinouki Shipping Corporation (“Marinouki”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Marina</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Soffive Shipping Corporation (“Soffive”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Sophia</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2007</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vasstwo Shipping Corporation (“Vasstwo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Xenia</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2006</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eniaprohi Shipping Corporation (“Eniaprohi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Eleni</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2008</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eniadefhi Shipping Corporation (“Eniadefhi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Martine</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2009</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxdodeka Shipping Corporation (“Maxdodeka”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Andreas K</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2009</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pentakomo Shipping Corporation (“Pentakomo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Agios Spyridonas</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxdekatria Shipping Corporation (“Maxdekatria”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Panayiota K</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxdeka Shipping Corporation (“Maxdeka”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Venus Heritage</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikoku Friendship Shipping Company (“Shikoku”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Venus History</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2011</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxenteka Shipping Corporation (“Maxenteka”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Venus Horizon</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuepta Shipping Inc. (“Shikokuepta”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Troodos Sun</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuexi Shipping Inc. (“Shikokuexi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Troodos Air</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Monagrouli Shipping Corporation (“Monagrouli”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Troodos Oak</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxpente Shipping Corporation (“Maxpente”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Kanaris</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 2010</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eptaprohi Shipping Corporation (“Eptaprohi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pelopidas</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2011</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxtessera Shipping Corporation (“Maxtessera”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Lake Despina</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2014</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shikokuennia Shipping Corporation (“Shikokuennia”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Mount Troodos</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capesize</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2009</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agros Shipping Corporation (“Agros”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H1381</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q2 2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Lofou Shipping Corporation (“Lofou”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11013</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q3 2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Yasudyo Shipping Corporation (“Yasudyo”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H1392</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q4 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shimafive Shipping Corporation (“Shimafive”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11064</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q4 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shimasix Shipping Corporation (“Shimasix”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11065</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q1 2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Shimaseven Shipping Corporation (“Shimaseven”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2) </span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11067</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q1 2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverthree Shipping Corporation (“Gloverthree”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11042</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q1 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gloverseven Shipping Corporation (“Gloverseven”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">TBN H11043</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Post-Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Q2 2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosiepta Shipping Corporation (“Maxeikosiepta”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(6)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Paraskevi</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 2003</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Avstes Shipping Corporation (“Avstes”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(7)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Vassos</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 2004</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosi Shipping Corporation (“Maxeikosi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(8)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Builder</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2012</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marindou Shipping Corporation (“Marindou”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(9)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Maria</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Panamax</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2003</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosiena Shipping Corporation (“Maxeikosiena”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(9)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Pedhoulas Farmer</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kamsarmax</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2012</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maxeikosipente Shipping Corporation</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(“Maxeikosipente”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Staloudi Shipping Corporation (“Staloudi”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr></table><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:46.993%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.292%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.254%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.706%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.216%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.146%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.393%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Metamou Shipping Corporation (“Metamou”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (2)(12)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Armonikos Shipping Corporation ("Armonikos")</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (2)(13)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Incorporated under the laws of the Republic of Liberia.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Incorporated under the laws of the Republic of the Marshall Islands.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(3)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">In June 2021, the Company entered into an agreement for the sale of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">MV Koulitsa</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The vessel was delivered to her new owners in November 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(4)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">In September 2021, the Company entered into an agreement for the sale of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">MV Pedhoulas Fighter</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The sale is expected to be consummated in December 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(5)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">On July 29, 2016, the Shipsales Contract relating to a newbuild vessel initially contracted by Kyotofriendo Two, was novated to Pinewood. Under an agreement with an unaffiliated third party, upon delivery of the vessel, named </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Pedhoulas Cedrus</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, to Pinewood in June 2018, 100 shares of Series A Preferred Stock of Pinewood were issued to the unaffiliated third party for proceeds in the equivalent of $16,875 at the time of issuance, which were used to finance part of the cost of such vessel. All Series A Preferred Stock were redeemed by Pinewood in February 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(6)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in January 2021 and delivered to her new owners in April 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(7)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in January 2021 and delivered to her new owners in May 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(8)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in May 2021 and delivered to her new owners in June 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(9)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:25.52pt">Vessel sold in May 2021 and delivered to her new owners in September 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(10)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">Vessel acquired in March 2021.</span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(11)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">Vessel acquired in July 2021.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(12)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">In July 2021, the Company entered into an agreement for the acquisition of a 2012-built Japanese Capesize class</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">vessel to be named </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> Stelios Y</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The vessel is expected to be delivered in November 2021</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(13)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:21.02pt">In July 2021, the Company entered into an agreement for the acquisition of a 2013-built Japanese Post-Panamax class</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">vessel </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Venus Harmony, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">which was delivered to us in October 20, 2021. Refer to Note 15.</span></div> 100 16875000 Significant Accounting Policies<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A summary of the Company’s other significant accounting policies is identified in Note 2 of the Company’s consolidated financial statements for the year ended December 31, 2020 included in the Company’s Annual Report on Form 20-F. The same accounting policies have been followed in these unaudited interim consolidated condensed financial statements as were applied in the preparation of the Company’s consolidated financial statements for the year end December 31, 2019.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Recent Accounting Pronouncements:</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There are no recent accounting pronouncements the adoption of which are expected to have a material effect on the Company’s unaudited interim consolidated condensed financial statements in the current period.</span></div> <div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Recent Accounting Pronouncements:</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There are no recent accounting pronouncements the adoption of which are expected to have a material effect on the Company’s unaudited interim consolidated condensed financial statements in the current period.</span></div> Transactions with Related Parties<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Services and agreements entered into with related partied are described in the Company’s consolidated financial statements for the year ended December 31, 2020 refer note 3. The following changes were agreed during the nine months ended September 30, 2021. </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">A. The Managers</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On expiration of the initial term of three years on May 28, 2021, of the management agreements ( the “Management Agreements”), the Management Agreements were renewed for a further three year period ending May 28, 2024 on the same </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">terms and conditions except for the annual ship management fee payable to Safe Bulkers Management of €3.0 million which was amended as of May 29, 2021, to €3.5 million.</span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amounts due from Manager under the management agreements w</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ere $48 and $0 as</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of December 31, 2020 and September 30, 2021, respectively. Amounts due to Manager under the management agreements </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">were $0 and $47 as</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of December 31, 2020 and September 30, 2021, respectively.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Fees charged by our Managers comprised the following:</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.842%"><tr><td style="width:1.0%"/><td style="width:66.745%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.718%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine -month period ended September 30, </span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Ship Management Fees</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,849 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,636 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Supervision Fees</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commissions</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">330 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,085 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">B. Credit Facility</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2021, the Company entered into a credit facility of $70.0 million with a five-year tenor, comprising of a term loan tranche of $30.0 million and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40.0 million, with respect to seven vessels. The agreement contained financial covenants in line with the existing loan and credit facilities of the Company. The proceeds from the credit facility refinanced loan facilities of $64.3 million maturing in 2023, in respect of eight vessels, seven of which secure the new credit facility and one of which remained debt free. The refinancing transaction was evaluated and approved by the Board of Directors of the Company, excluding the independent member of the Board of the Company, who serves as the Chief Executive Officer of the financial institution that is the lender in the transaction</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">.</span></div> P3Y P3Y 3000000 3500000 48000 0 0 47000 <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Fees charged by our Managers comprised the following:</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.842%"><tr><td style="width:1.0%"/><td style="width:66.745%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.718%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine -month period ended September 30, </span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Ship Management Fees</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,849 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,636 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Supervision Fees</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commissions</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">330 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,085 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 13849000 14636000 275000 275000 330000 1085000 70000000 P5Y 30000000 40000000 7 64300000 8 7 1 Vessels, Net<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vessels, net are comprised of the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:57.990%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.803%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.803%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.805%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Vessel<br/>Cost</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accumulated<br/>Depreciation</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Book<br/>Value</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, December 31, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,357,460</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(415,296)</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">942,164</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfer from Advances for vessels (Note 5)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,505 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,505 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfer to Assets Held for Sale (Note 6)</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(152,174)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">64,207 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(87,967)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation expense</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(39,153)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(39,153)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, September 30, 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,241,791</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(390,242)</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">851,549</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Transfer from Advances for vessels represent advances paid for vessels under construction and vessels acquisitions which were delivered to the Company, completed vessel improvements in respect of ballast water treatment systems (“BWTS”) and sulfur oxide exhaust gas cleaning systems (“Scrubbers”). </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.5pt">During the nine-month period ended September 30, 2021 the Company accepted delivery of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Paraskevi 2 and Koulitsa 2.</span></div><div style="padding-left:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Consistent with prior practices, we reviewed all our vessels for impairment and none were found to be impaired as at December 31, 2020 and September 30, 2021. </span></div><div style="padding-left:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2021, 23 vessels owned by the Company, including vessels held for sale, with a carrying value of $499,138 had been provided as collateral to secure, through first priority mortgages, certain of the Company’s loans and credit facilities while for 12 vessels with a carrying value of $305,346, title of ownership is held by the relevant lender to secure the relevant sale and lease back financing transactions.</span></div> <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vessels, net are comprised of the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:57.990%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.803%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.803%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.805%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Vessel<br/>Cost</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accumulated<br/>Depreciation</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Book<br/>Value</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, December 31, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,357,460</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(415,296)</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">942,164</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfer from Advances for vessels (Note 5)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,505 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,505 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfer to Assets Held for Sale (Note 6)</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(152,174)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">64,207 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(87,967)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation expense</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(39,153)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(39,153)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, September 30, 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,241,791</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(390,242)</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">851,549</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 1357460000 415296000 942164000 36505000 36505000 152174000 64207000 87967000 39153000 39153000 1241791000 390242000 851549000 0 0 23 499138000 12 305346000 Advances for Vessels<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Advances for vessels are comprised of the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:79.398%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.402%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, December 31, 2020</span></td><td colspan="2" style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,126</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Additions for advances, including capitalized expenses and interest</span></td><td colspan="2" style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85,231 </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transferred to vessel cost (refer to Note 4)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(36,505)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, September 30, 2021</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">57,852</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Advances paid for vessels</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:32.5pt">During the nine-month period ended September 30, 2021, represent advances for the acquisition and construction of the vessels </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Paraskevi 2, Koulitsa 2, Venus Harmony, Stelios Y</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and for </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Hull 11013, Hull 1381, Hull 1392</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Hull 11042, Hull 11043, Hull 11064, Hull 11065</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Hull 11067</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and BWTS and Scrubbers retrofitting and improvements of several vessels.</span></div> <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Advances for vessels are comprised of the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:79.398%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.402%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, December 31, 2020</span></td><td colspan="2" style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,126</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Additions for advances, including capitalized expenses and interest</span></td><td colspan="2" style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85,231 </span></td><td style="background-color:#e5ffff;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transferred to vessel cost (refer to Note 4)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(36,505)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance, September 30, 2021</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">57,852</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:2pt solid #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 9126000 85231000 36505000 57852000 Assets Held for Sale<span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Assets held for sale of $25,701, as of September 30, 2021, represent the carrying value of the vessels </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Koulitsa</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Pedhoulas Fighter</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of $7,643, and $17,846 respectively, plus the value of bunkers and lubricants onboard on the same date of $109 and of $103, respectively. Two separate Memoranda of Agreement ('MoA's') were entered into with unrelated third parties in June and September, 2021, for the sale of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Koulitsa</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Pedhoulas Fighter</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> at a price of $13,600 and $23,700, respectively. The sale of vessel </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Koulitsa</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was consummated in November 2021 and the sale of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Pedhoulas Fighter </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">is expected to be consummated upon delivery to her new owners in December 2021.</span> 25701000 7643000 17846000 109000 103000 2 13600000 23700000 Long Term Debt <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Long term debt is comprised of the following borrowings:</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:48.022%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.157%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.579%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Borrower</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Commencement</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Maturity</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosiepta</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxtessera</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Avstes</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,985 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosi</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">May 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,893 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosiexi</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,432 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Marathassa</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,820 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Marinouki</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,263 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Kerasies</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,097 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Soffive</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,853 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Eptaprohi</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37,053 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Petra</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,135 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pemer</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,135 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuepta</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2016</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,150 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2014</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">79,758 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosiena </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,058 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2022</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokupente - Shikokuennia - Pemer - Petra</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,510 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">870 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokupente</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2023</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,927 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,210 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuennia</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,385 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,668 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikositria</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,893 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,077 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxpente</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,450 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikositessera</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,310 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,134 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxenteka</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,536 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,294 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,250 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,750 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pelea - Vasstwo - Eniaprohi - Vassone</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,250 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,250 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxdeka </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,076 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,572 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikoku Friendship </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20,066 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,484 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokutessera </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,502 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,990 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Glovertwo </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,344 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,900 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pentakomo </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2026</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,500 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxdekatria </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,500 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2026</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29,137 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2026</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxtessera</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28,933 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Youngtwo </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2017</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2027</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,203 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20,491 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Monagrouli </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2027</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25,520 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,200 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuokto </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2027</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,500 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gloversix </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2027</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,720 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,160 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:48.022%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.157%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.579%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pinewood </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2031</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23,035 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuepta</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2031</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23,667 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">616,224</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">418,772</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current portion of Long-term debt</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77,284 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,767 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Liability directly associated with asset held for sale</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,077 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">534,940 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">374,928 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total debt</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">616,224</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">418,772</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current portion of deferred financing costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,500 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,373 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing cost, directly associated with asset held for sale</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred financing costs non-current</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,057 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,617 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total deferred financing costs</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,574</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,021</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total debt</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">616,224 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">418,772 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Less:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  Total deferred financing costs</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,574 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,021 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total debt, net of deferred financing costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">611,650</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">413,751</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Less:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  Current portion of long-term debt, net of current portion of deferred financing costs</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75,784 </span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34,394 </span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less: Liability directly associated with asset held for sale net of deferred financing cost</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,983 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,046 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Long-term debt, net of deferred financing costs, non-current</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">531,883</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">371,311</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:12pt">Credit facility</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:12pt">Revolving credit facility</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:12pt">Sale and lease back financing transaction.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Details of the loans and credit facilities are included in Note 7 of the Company’s consolidated financial statements for the year ended December 31, 2020, included in the Company’s Annual Report on Form 20-F. No change has been made to the debt covenants of our loan and credit facilities. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the nine months ended </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">September 30, 2021</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, we prepaid debt in relation to vessels sales or debt refinancing in the aggregate amount of $282,408, made scheduled principal payments of $43,844 and had loan drawdowns of $128,800.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2021, the Company entered into a credit facility of $70.0 million with a financial institution, as disclosed in Note 3B.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2021, Shikokuepta entered into a sale and leaseback agreement, with an unrelated third party for $24,000, regarding the vessel owned by Shikokuepta. The sale and leaseback agreement bears interest at LIBOR plus a margin. This transaction was consummated in August 2021 and the proceeds were used to fully prepay the amount outstanding under previous credit facility secured by the respective vessel and for general corporate purposes. Under the agreement, the vessel was sold and leased back on a bareboat charter basis for a period of 10 years, with a purchase obligation at the end of the 10th year. Furthermore, Shikokuepta holds an option to purchase back the vessel after the third year of the bareboat charter, at predetermined purchase prices. In view of the obligation of Shikokuepta to purchase the vessel at the end of the bareboat charter, the Company has assessed that this transaction be recorded as financing transaction.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In September 2021, the Company entered into a new credit facility of $60.0 million with a five-year tenor secured by five vessels, comprising of a term loan tranche of $30.0 million, repayable over five years through quarterly principal instalments and a balloon payable on maturity, and a revolving credit facility tranche providing for a draw down capacity of up to $30.0 million reducing from its fourth year onwards. Both the term loan tranche and the revolving credit facility tranche bear interest at LIBOR plus a margin. The proceeds from the credit facility were used to refinance loan facilities with the same financial institution secured by six vessels, five of which secure the new credit facility and one has remained debt free. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of debt outstanding on September 30, 2021 amounted to $421,867 when valuing the Youngtwo, Shikokutessera, Maxdeka, Shikoku, Glovertwo and Maxtessera loan facilities on the basis of the deemed equivalent fixed rate, as applicable on September 30, 2021, which is considered to be a Level 2 item in accordance with the fair value hierarchy.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2021, an amount of $88.9 million was available for drawdown under the above loans and credit facilities. The estimated minimum annual principal payments required to be made after September 30, 2021, based on the loan and credit facility agreements as amended, are as follows:</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:4.5pt;padding-right:4.5pt;text-align:center;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">F-15</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:78.987%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.813%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">To September 30, </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,843 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2023</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51,893 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024</span></td><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86,592 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98,095 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2026</span></td><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">55,982 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027 and thereafter</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">82,367 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">418,772</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2021, the Company was in compliance with all debt covenants in effect, with respect to its loans and credit facilities.</span></div> <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Long term debt is comprised of the following borrowings:</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:48.022%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.157%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.579%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Borrower</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Commencement</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Maturity</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosiepta</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxtessera</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Avstes</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,985 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosi</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">May 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,893 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosiexi</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,432 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Marathassa</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,820 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Marinouki</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,263 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Kerasies</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,097 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Soffive</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,853 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Eptaprohi</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37,053 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Petra</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,135 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pemer</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,135 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuepta</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2016</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,150 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2014</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">79,758 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikosiena </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2015</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,058 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2022</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokupente - Shikokuennia - Pemer - Petra</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,510 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">870 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokupente</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2023</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,927 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,210 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuennia</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,385 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,668 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikositria</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,893 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,077 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxpente</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,450 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxeikositessera</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,310 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,134 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxenteka</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2017</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,536 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,294 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2018</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,250 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,750 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pelea - Vasstwo - Eniaprohi - Vassone</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2018</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,250 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,250 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxdeka </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,076 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,572 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikoku Friendship </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20,066 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,484 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokutessera </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,502 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,990 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Glovertwo </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">November 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,344 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,900 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pentakomo </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2026</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,500 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxdekatria </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,500 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2026</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29,137 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,000 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Safe Bulkers</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 2026</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maxtessera</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28,933 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Youngtwo </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2017</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2027</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,203 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20,491 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Monagrouli </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2027</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25,520 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,200 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuokto </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2027</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,500 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gloversix </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2019</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 2027</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,720 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,160 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:48.022%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.911%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.157%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.579%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pinewood </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2031</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23,035 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shikokuepta</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</span></div></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">August 2031</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23,667 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">616,224</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">418,772</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current portion of Long-term debt</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77,284 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,767 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Liability directly associated with asset held for sale</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,077 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">534,940 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">374,928 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total debt</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">616,224</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">418,772</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current portion of deferred financing costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,500 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,373 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing cost, directly associated with asset held for sale</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred financing costs non-current</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,057 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,617 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total deferred financing costs</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,574</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,021</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total debt</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">616,224 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">418,772 </span></td><td style="background-color:#e5ffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Less:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  Total deferred financing costs</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,574 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,021 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total debt, net of deferred financing costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">611,650</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">413,751</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Less:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  Current portion of long-term debt, net of current portion of deferred financing costs</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75,784 </span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34,394 </span></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less: Liability directly associated with asset held for sale net of deferred financing cost</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,983 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,046 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Long-term debt, net of deferred financing costs, non-current</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">531,883</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">371,311</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:12pt">Credit facility</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:12pt">Revolving credit facility</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:12pt">Sale and lease back financing transaction.</span></div> 4000000 0 22000000 0 5985000 0 10893000 0 4432000 0 4820000 0 7263000 0 5097000 0 7853000 0 37053000 0 6135000 0 6135000 0 29000000 0 17150000 0 79758000 0 18058000 0 8000000 0 8510000 870000 12927000 10210000 14385000 8668000 10893000 8077000 16100000 11450000 11310000 8134000 13536000 10294000 22250000 9750000 43250000 31250000 19076000 17572000 20066000 18484000 19502000 17990000 18344000 16900000 14500000 13000000 14500000 13000000 0 29137000 0 10000000 0 30000000 0 28933000 21203000 20491000 25520000 24200000 18000000 16500000 18720000 17160000 0 23035000 0 23667000 616224000 418772000 77284000 35767000 4000000 8077000 534940000 374928000 616224000 418772000 1500000 1373000 17000 31000 3057000 3617000 4574000 5021000 616224000 418772000 4574000 5021000 611650000 413751000 75784000 34394000 3983000 8046000 531883000 371311000 282408000 43844000 128800000 70000000 24000000 P10Y P10Y 60000000 P5Y 5 30000000 P5Y 30000000 6 5 1 421867000 88900000 The estimated minimum annual principal payments required to be made after September 30, 2021, based on the loan and credit facility agreements as amended, are as follows:F-15<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:78.987%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.813%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">To September 30, </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,843 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2023</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51,893 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024</span></td><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86,592 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98,095 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2026</span></td><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">55,982 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027 and thereafter</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">82,367 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">418,772</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 43843000 51893000 86592000 98095000 55982000 82367000 418772000 Share capital<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2020, and as of September 30, 2021 the Company had 200,000,000 shares of authorized common stock of $0.001 par value, of which 102,174,594 and 121,634,602 were issued and outstanding respectively.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In May 2021, the Company filed a supplement to its prospectus supplement to increase the capacity under its at-the-market offering (''ATM Program") to allow for sales of the Company’s common stock for aggregate gross offering proceeds of up to $100.0 million under the ATM Program entered into in August 2020. As of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">September 30, 2021</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the Company had sold </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19,417,280</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> shares of common stock under the ATM Program with aggregate gross offering proceeds to the Company of $73.0 million. As of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">September 30, 2021</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, shares of common stock with aggregate sales proceeds of up to approximately $27.0 million remain available for sale.</span></div> 200000000 200000000 0.001 0.001 102174594 102174594 121634602 121634602 100000000 19417280 73000000 27000000 Commitments and Contingencies<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(a) Capital expenditure commitments relating to vessels under construction, second-hand vessels agreed to be acquired and the purchase of BWTS and Scrubbers to be installed on certain of our vessels are as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:91.228%"><tr><td style="width:1.0%"/><td style="width:18.771%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.601%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.932%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.601%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.976%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.921%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.534%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.921%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.443%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year end September 30, </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Due to Shipyards/Sellers</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Due to Manager </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Other Commitments</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81,307 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,922 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">760 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83,989 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">79,600 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,888 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">82,488 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95,320 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97,735 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">256,227</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">7,225</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">760</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">264,212</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1. Represents the amounts payable to our Managers under the Management Agreements in respect of the commissions for contracted newbuilds and second hand vessels to be acquired and the supervision fee for the contracted newbuild vessels.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(b) Other contingent liabilities</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company and its Subsidiaries have not been involved in any legal proceedings, that may have, or have had, a significant effect on their business, financial position, results of operations or liquidity, nor is the Company aware of any proceedings that are pending or threatened that may have a significant effect on its business, financial position, results of operations or liquidity. From time to time various claims, suits and complaints, including those involving government regulations and product liability, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes with charterers, agents, shipyards, insurance providers and other claims relating to the operation of the Company’s vessels. Management is not aware of any material claims or contingent liabilities which should be disclosed, or for which a provision should be established in the accompanying consolidated financial statements.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company accrues for the cost of environmental liabilities when management becomes aware that a liability is probable and is able to reasonably estimate the probable exposure. Management is not aware of any such claims or contingent liabilities which should be disclosed, or for which a provision should be established in the accompanying consolidated financial statements. A maximum of $1,000,000 of the liabilities associated with the individual vessel actions, mainly for sea pollution, is covered by P&amp;I Club insurance.</span></div> Capital expenditure commitments relating to vessels under construction, second-hand vessels agreed to be acquired and the purchase of BWTS and Scrubbers to be installed on certain of our vessels are as follows:<div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:91.228%"><tr><td style="width:1.0%"/><td style="width:18.771%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.601%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.932%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.601%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.976%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.921%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.534%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.921%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.443%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year end September 30, </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Due to Shipyards/Sellers</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Due to Manager </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Other Commitments</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81,307 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,922 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">760 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83,989 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">79,600 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,888 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">82,488 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95,320 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97,735 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">256,227</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">7,225</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">760</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">264,212</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1. Represents the amounts payable to our Managers under the Management Agreements in respect of the commissions for contracted newbuilds and second hand vessels to be acquired and the supervision fee for the contracted newbuild vessels.</span></div> 81307000 1922000 760000 83989000 79600000 2888000 0 82488000 95320000 2415000 0 97735000 256227000 7225000 760000 264212000 1000000000 Revenues<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues are comprised of the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.807%"><tr><td style="width:1.0%"/><td style="width:59.139%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:0.1%"/><td style="width:0.547%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.182%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.547%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.885%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Month Periods Ended</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Time charter revenue</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146,499 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235,129 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Voyage charter revenue</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,692 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,156 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,441 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,747 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">151,632</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">247,032</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company generates its revenues from time charters or infrequently under voyage contracts. Time charter agreements may have renewal options for <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjIwNmU5ZWExOTJmMDQzNGQ4ZTJjNDYxMGRhYmYwY2RmL3NlYzoyMDZlOWVhMTkyZjA0MzRkOGUyYzQ2MTBkYWJmMGNkZl82Ny9mcmFnOjM3Nzc0ZjgxODdlODRmMWU4ZjYzYzQ4ZTM3NThkNmIyL3RleHRyZWdpb246Mzc3NzRmODE4N2U4NGYxZThmNjNjNDhlMzc1OGQ2YjJfMjEy_90c4b12a-8795-44a2-8da5-3650baae6a88">one</span> to 12 months. The charter party generally provides typical warranties regarding the speed and the performance of the vessel as well as some owner protective restrictions such that the vessel is sent only to safe ports by the charterer, subject always to compliance with applicable sanction laws, and carry only lawful and non-hazardous cargo. The Company typically enters into time charters ranging from one month to five years and in isolated cases on longer terms depending on market conditions. The charterer has the full discretion over the ports visited, shipping routes and vessel speed, subject only to the owner protective restrictions discussed above. Vessels may also be chartered under voyage charters, where a contract is made for the use of a vessel under which the Company is paid freight on the basis of moving cargo from a loading port to a discharge port. Voyage hire is typically paid partially upon initiation of the voyage and partially upon completion of the performance obligation.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the nine -month period ended September 30, 2020 and 2021, the Company generated revenue from its time charters of $146,499, and $235,129</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, res</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">pectively. Scrubber fitted vessels are able to earn a premium attributable to the use of the scrubbers installed on board the vessels, to reduce the sulfur content of fuels due to new legislation effective January 1, 2020. This premium may be either incorporated in the daily hire rate or be variable consideration earned on the actual consumption on the basis of the price differential between 0.5% sulfur content compliant fuels and high sulfur fuel oil with 3.5% sulfur content. Scrubber premium earned as variable consideration is included in time charter revenue and amounted to $10,071 for the nine months ended September 30, 2021, compared to $13,929 for the nine months ended September 30, 2020.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2021, no vessel was employed under a voyage charter. </span></div>The Company recognized the remaining performance obligation of $222 as of December 31, 2020 as revenue during the first quarter of 2021. <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues are comprised of the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.807%"><tr><td style="width:1.0%"/><td style="width:59.139%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:0.1%"/><td style="width:0.547%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.182%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.547%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.885%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Month Periods Ended</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Time charter revenue</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146,499 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235,129 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Voyage charter revenue</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,692 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,156 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,441 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,747 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">151,632</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">247,032</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 146499000 235129000 1692000 5156000 3441000 6747000 151632000 247032000 P12M P1M P5Y 146499000 235129000 0.005 0.035 10071000 13929000 0 222000 Vessel Operating Expenses<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vessel operating expenses are comprised of the following:</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.842%"><tr><td style="width:1.0%"/><td style="width:66.745%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.718%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine -month period ended September 30, </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Crew wages and related costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25,224 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28,004 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Insurance</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,525 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Repairs, maintenance and drydocking costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,315 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,492 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Spares, stores and provisions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,030 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,728 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lubricants</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,130 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,952 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Taxes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">479 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">533 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,013 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,076 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">54,716</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">53,467</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vessel operating expenses are comprised of the following:</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.842%"><tr><td style="width:1.0%"/><td style="width:66.745%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.714%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.641%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.718%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine -month period ended September 30, </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Crew wages and related costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25,224 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28,004 </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Insurance</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,525 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Repairs, maintenance and drydocking costs</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,315 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,492 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Spares, stores and provisions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,030 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,728 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lubricants</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,130 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,952 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Taxes</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">479 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">533 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,013 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,076 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">54,716</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">53,467</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 25224000 28004000 2525000 2682000 9315000 5492000 12030000 11728000 3130000 2952000 479000 533000 2013000 2076000 54716000 53467000 Fair Value of Financial Instruments and Derivatives Instruments<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Cash and cash equivalents and restricted cash and interest rate, bunker price and freight derivatives are recorded at fair value. The carrying values of the current financial assets and current financial liabilities are reasonable estimates of their fair value due to the short-term nature of these financial instruments. Cash and cash equivalents and restricted cash are considered Level 1 items as they represent liquid assets with short-term maturities. The fair values of the variable interest long-term debt approximate the recorded values, due to their variable interest rates. The fair value of the fixed interest long-term debt is estimated using prevailing market rates as of the period end. The Company believes the terms of its loans are similar to those that could be procured as of September 30, 2021. The fair value of the long term debt is determined using observable market-based inputs hence it is considered Level 2 per the value hierarchy. The fair value of the long-term debt is disclosed in Note 7.</span></div><div style="text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:139%">Derivative instruments</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:139%">Interest rate swaps:</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The Company from time to time enters into interest rate derivative contracts to manage interest costs and risk associated with changing interest rates with respect to its variable interest loans and credit facilities. Details of interest rate swap transactions entered into as of September 30, 2021 are presented in the table below:</span></div><div><span><br/></span></div><div style="padding-left:4.5pt;padding-right:4.5pt;text-align:center;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">F-19</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.590%"><tr><td style="width:1.0%"/><td style="width:16.828%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.447%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.756%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.119%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.500%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.573%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.033%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Notional amount</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Counterparty (1)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Inception</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Expiry</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Fixed Rate</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SHIKOKUPENTE (2)</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 3, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 1, 2023</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.275%</span></td><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,927</span></td><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,288</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SHIKOKUENNIA (2)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 20, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">October 20, 2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.350%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,385</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,998</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MAXPENTE</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 21, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.322%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,150</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,150</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MAXENTEKA</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 21, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.322%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,500</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,500</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MAXEIKOSITESSERA</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 21, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.322%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,350</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,350</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 4, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.990%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 4, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.900%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 9, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.800%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 10, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.650%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.600%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.400%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 10, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.400%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 10, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.380%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 14, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.380%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 4, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 4, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.500%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 11, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 11, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.450%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 15, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 15, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.400%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 30, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.425%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 1, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 1, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.380%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 9, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 9, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.360%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 16, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 16, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.350%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 30, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.330%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 3, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 3, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.370%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 22, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 31, 2025</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.745%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 10, 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 10, 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.950%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,000</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 21, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 21, 2026</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.829%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 22, 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 22, 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.770%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:5pt double #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td colspan="2" style="border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">244,312</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:5pt double #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td colspan="2" style="border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">352,286</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:6pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">(1) Under all above swap transactions, the bank effects quarterly floating-rate payments to the Company for the relevant amount based on the three-month USD LIBOR, and the Company effects quarterly payments to the bank on the relevant amount at the respective fixed rates.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">(2) The notional amounts of the above transactions are reduced during the term of the swap transactions based on the expected principal outstanding under the respective facility.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:139%">Bunker Price Swaps:</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">In February 2021, the Company entered into a bunker fuel contract for an aggregate of 12,000 tonnes per annum or 1,000 tonnes per month for the period January 2022 to December 2022 to sell the spread differential between the price per ton of the 0.5% and 3.5% sulfur content fuel respectively.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:139%">Forward Freight Agreements (“FFAs”):</span></div><div style="padding-left:4.5pt;padding-right:4.5pt;text-align:center;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:139%">F-20</span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">During the nine -month period ended September 30, 2021, the Company entered into six FFAs on the Panamax index for 90 days in aggregate for periods up to the end of 2022 with the objective of reducing the risk arising from the volatility in the vessel charter rates. </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The Company’s interest rate agreements, foreign exchange forward contracts, bunker fuel contracts and FFAs do not qualify for hedge accounting. The Company determines the fair market value of such derivative contracts at the end of every period and accordingly records the resulting unrealized loss/gain during the period in the consolidated statement of operations. </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Information on the location and amounts of derivative fair values in the consolidated balance sheets and derivative gains/losses in the consolidated statements of operations are shown below:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Derivatives not designated as hedging instruments</span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.760%"><tr><td style="width:1.0%"/><td style="width:13.709%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.021%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:35.388%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.874%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="12" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:3.75pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asset Derivatives</span></div><div style="margin-bottom:1.5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair Values</span></div></td><td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:3.75pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability Derivatives</span></div><div style="margin-bottom:1.5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair Values</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:3.75pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of</span></div><div style="margin-bottom:1.5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contract</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance sheet location</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="6" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="9" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign Currency</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative assets / Current assets</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest Rate</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative assets / Non-current assets</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,771 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bunker Fuel</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Current liabilities</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">408 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">290 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forward Freight</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Current liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">174 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bunker Fuel</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Non-current liabilities</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest Rate</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Non-current liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,280 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total Derivatives</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td colspan="2" style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">153</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,771</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,978</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">657</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000000;padding:0 1pt"/></tr></table></div><div style="margin-top:6pt"><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:59.210%"><tr><td style="width:1.0%"/><td style="width:48.282%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:2.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:2.850%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.384%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount of Gain/(Loss) Recognized on Derivatives Nine Months Period Ended</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest Rate Contracts</span></td><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,619)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,935 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bunker Fuel Contracts</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">675 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(529)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign Exchange Agreements</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(99)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forward Freight Agreements</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(65)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,284)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net Loss Recognized</span></td><td colspan="3" style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,009)</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,977)</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%"> </span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The gain or loss is recognized in the consolidated statement of operations and is presented in Other (Expense)/Income – Gain/(Loss) on derivatives.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The Company’s interest rate derivative instruments are pay-fixed, receive-variable interest rate swaps based on the USD LIBOR swap rate. The fair value of the interest rate swaps is determined using a discounted cash flow approach based on expected forward LIBOR swap yield curves and takes into account the credit risk of the counterparty financial institutions. LIBOR swap rates are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy. </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The Company’s foreign exchange forward derivative instruments are agreements entered into with a bank to exchange, at a specified future date, currencies of different countries at a specific rate. The fair value of the foreign exchange forward derivative instruments is determined using mid-rates based on available market rates at the end of the period of the valuation and takes into account the credit risk of the counterparty financial institutions. Foreign exchange rates are observable at commonly quoted intervals for the full terms of the foreign exchange forward derivative instruments and therefore are considered Level 2 items in accordance with the fair value hierarchy. </span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The Company’s FFA derivative instruments were receive-fixed, pay-variable swaps based on the earnings of the Panamax class dry bulk vessels as published by the Baltic Exchange. The fair value of the FFA derivatives is determined using a discounted cash flow approach based on the market rate of the earnings of the Panamax class dry bulk vessels as published by the Baltic Exchange at the time of such valuation and takes into account the credit risk of the counterparty financial institutions. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The Company’s bunker fuel derivative instruments were receive-fixed, pay-variable swaps based on the difference in price between various categories of bunker fuels. The fair value of the bunker fuel swaps is determined using a discounted cash flow approach based on the difference between the market rate of the relevant bunker fuel prices at the end of the period and the contracted fixed rate and takes into account the credit risk of the counterparty financial institutions. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy. </span></div><div><span><br/></span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The following table summarizes the valuation of the Company’s derivative financial instruments as of December 31, 2020 and as of September 30, 2021.</span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:69.617%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.809%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.810%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Significant Other Observable Inputs<br/>(Level 2)</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative instruments – asset position</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">153 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,771 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative instruments – liability position</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,978 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">657 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2020 and as of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">September 30, 2021</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, no fair value measurements for assets or liabilities under Level 3 were recognized in the Company’s consolidated balance sheets.</span></div> Details of interest rate swap transactions entered into as of September 30, 2021 are presented in the table below:F-19<div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.590%"><tr><td style="width:1.0%"/><td style="width:16.828%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.447%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:17.756%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.119%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.500%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.573%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.036%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.033%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Notional amount</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Counterparty (1)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Inception</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Expiry</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Fixed Rate</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SHIKOKUPENTE (2)</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 3, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 1, 2023</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.275%</span></td><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,927</span></td><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td colspan="2" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,288</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SHIKOKUENNIA (2)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 20, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">October 20, 2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.350%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,385</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,998</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MAXPENTE</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 21, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.322%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,150</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,150</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MAXENTEKA</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 21, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.322%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,500</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,500</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MAXEIKOSITESSERA</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 21, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 27, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.322%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,350</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,350</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 4, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.990%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 4, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.900%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 9, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.800%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 10, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.650%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">March 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 30, 2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.600%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.400%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 10, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.400%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 10, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.380%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 14, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 5, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.380%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 4, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 4, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.500%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 11, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 11, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.450%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 15, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 15, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.400%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 30, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.425%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 1, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 1, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.380%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 9, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 9, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.360%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 16, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 16, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.350%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 30, 2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.330%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 3, 2020</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 3, 2025</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.370%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">February 22, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 31, 2025</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.745%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 10, 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 10, 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.950%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,000</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 21, 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 21, 2026</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.829%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,000</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SAFE BULKERS</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 22, 2021</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1.02pt 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">July 22, 2026</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.770%</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,000</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:5pt double #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td colspan="2" style="border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">244,312</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:5pt double #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td colspan="2" style="border-bottom:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">352,286</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:6pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">(1) Under all above swap transactions, the bank effects quarterly floating-rate payments to the Company for the relevant amount based on the three-month USD LIBOR, and the Company effects quarterly payments to the bank on the relevant amount at the respective fixed rates.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">(2) The notional amounts of the above transactions are reduced during the term of the swap transactions based on the expected principal outstanding under the respective facility.</span></div> 0.00275 12927000 12288000 0.00350 14385000 12998000 0.00322 10150000 10150000 0.00322 9500000 9500000 0.00322 7350000 7350000 0.00990 10000000 10000000 0.00900 10000000 10000000 0.00800 10000000 10000000 0.00650 20000000 20000000 0.00600 10000000 10000000 0.00400 10000000 10000000 0.00400 10000000 10000000 0.00380 10000000 10000000 0.00380 10000000 10000000 0.00500 10000000 10000000 0.00450 10000000 10000000 0.00400 10000000 10000000 0.00425 10000000 10000000 0.00380 10000000 10000000 0.00360 10000000 10000000 0.00350 10000000 10000000 0.00330 10000000 10000000 0.00370 10000000 10000000 0.00745 0 30000000 0.00950 0 50000000 0.00829 0 10000000 0.00770 0 20000000 244312000 352286000 12000 1000 0.005 0.035 6 P90D <div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Information on the location and amounts of derivative fair values in the consolidated balance sheets and derivative gains/losses in the consolidated statements of operations are shown below:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Derivatives not designated as hedging instruments</span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.760%"><tr><td style="width:1.0%"/><td style="width:13.709%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.021%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:35.388%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.479%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.823%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.874%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="12" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:3.75pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asset Derivatives</span></div><div style="margin-bottom:1.5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair Values</span></div></td><td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:3.75pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability Derivatives</span></div><div style="margin-bottom:1.5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair Values</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:3.75pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of</span></div><div style="margin-bottom:1.5pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contract</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance sheet location</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="6" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="9" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign Currency</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative assets / Current assets</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest Rate</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative assets / Non-current assets</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,771 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bunker Fuel</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Current liabilities</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">408 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">290 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forward Freight</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Current liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">174 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bunker Fuel</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Non-current liabilities</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest Rate</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative liabilities / Non-current liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,280 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total Derivatives</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td colspan="2" style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">153</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,771</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,978</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">657</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000000;padding:0 1pt"/></tr></table></div> 99000 0 54000 2771000 408000 290000 174000 72000 116000 60000 1280000 235000 153000 2771000 1978000 657000 <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:59.210%"><tr><td style="width:1.0%"/><td style="width:48.282%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:2.603%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.381%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:2.850%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:20.384%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount of Gain/(Loss) Recognized on Derivatives Nine Months Period Ended</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest Rate Contracts</span></td><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,619)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,935 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bunker Fuel Contracts</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">675 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(529)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign Exchange Agreements</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(99)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forward Freight Agreements</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(65)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,284)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net Loss Recognized</span></td><td colspan="3" style="background-color:#e5ffff;border-bottom:1pt solid #000;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,009)</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,977)</span></td><td style="background-color:#e5ffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> -1619000 2935000 675000 -529000 0 -99000 -65000 -4284000 -1009000 -1977000 <div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">The following table summarizes the valuation of the Company’s derivative financial instruments as of December 31, 2020 and as of September 30, 2021.</span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:69.617%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.809%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.810%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Significant Other Observable Inputs<br/>(Level 2)</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative instruments – asset position</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">153 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e5ffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,771 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative instruments – liability position</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,978 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">657 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 153000 2771000 1978000 657000 Dividends<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the nine-month period ended September 30, 2021, the Company declared and paid 3 quarterly consecutive dividends of $0.50 per share for each of the Series C Preferred Shares, totaling $3,446, and Series D Preferred Shares, totaling $4,793.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the nine-month period ended September 30, 2021</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the Company's subsidiary </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pinewood declared and paid 1 dividend of $78.</span></div> 3 3 3 3 0.50 0.50 3446000 4793000 1 1 78000 (Loss)/Earnings Per Share<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period and includes the shares issuable to the audit committee chairman and the independent directors at the end of the period for services rendered. Diluted earnings per share are the same as basic earnings per share. There are no other potentially dilutive shares. The computation of basic earnings per share is calculated after deducting the preferred stock dividend from net (loss)/income.</span></div><div style="text-align:justify;text-indent:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.695%"><tr><td style="width:1.0%"/><td style="width:63.149%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.474%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.474%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.763%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.474%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.766%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">September 30, </span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net (loss)/income</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(20,519)</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">109,143</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less preferred dividend</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,622 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,318 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less/(plus) mezzanine equity measurement</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">495 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(271)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net (loss)/income available to common shareholders</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(29,636)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">101,096</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average number of shares, basic and diluted</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,762,932 </span></td><td style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111,044,439 </span></td><td style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Loss)/earnings per share in U.S. Dollars, basic and diluted</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(0.29)</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">0.91</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> The computation of basic earnings per share is calculated after deducting the preferred stock dividend from net (loss)/income.<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.695%"><tr><td style="width:1.0%"/><td style="width:63.149%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.474%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.474%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.763%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.474%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.766%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">September 30, </span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net (loss)/income</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(20,519)</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">109,143</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e5ffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less preferred dividend</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,622 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,318 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less/(plus) mezzanine equity measurement</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">495 </span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(271)</span></td><td style="background-color:#e5ffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net (loss)/income available to common shareholders</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(29,636)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">101,096</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#e5ffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average number of shares, basic and diluted</span></td><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,762,932 </span></td><td style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#e5ffff;padding:0 1pt"/><td colspan="2" style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111,044,439 </span></td><td style="background-color:#e5ffff;border-top:5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Loss)/earnings per share in U.S. Dollars, basic and diluted</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(0.29)</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">0.91</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:5pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> -20519000 109143000 8622000 8318000 495000 -271000 -29636000 -29636000 101096000 101096000 102762932 102762932 111044439 111044439 -0.29 -0.29 0.91 0.91 Subsequent Events<div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(a) Dividend declaration</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">: On </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">October 8, 2021</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the Board of Directors declared a dividend of $0.50 per share for all classes of preferred shares, totaling $2,746, payable to all shareholders of record as of October 22, 2021, which was paid on November 1, 2021.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(b) Forward freight agreements: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In October 2021, the Company entered into forward freight agreements on the Panamax index for 720 days in aggregate for the period to December 2022, with the objective of reducing the risk arising from the volatility in the charter rates.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:9pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(c) Vessel delivery:</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> On October</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 20, 2021, the Company took delivery of the 2013-built Japanese Post-Panamax class </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Venus Harmony</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The acquisition was funded by the cash reserves of the Company.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(d) New loan commitment: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In October 2021, the Company signed a commitment letter for a new credit facility of $100.0 million with a five-year tenor to be secured by six vessels, which will comprise a term loan tranche of $50.0 million and a revolving credit facility tranche providing for a draw down capacity of up to $50.0 million reducing from its fourth year onwards. The anticipated proceeds from the credit facility will be used to refinance loan facilities of an aggregate outstanding amount of $50.0 million secured by the five vessels and maturing up to 2024 and the repurchase of one vessel under a sale and leaseback agreement for an amount of $20.7 million. The Company does not intend to utilize the full capacity of the reducing revolving credit facility tranche at this time. The agreement is expected to contain financial covenants in line with the existing loan and credit facilities of the Company.</span></div><div style="text-align:justify;text-indent:9pt"><span><br/></span></div><div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(e) Vessel sold:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> In June 2021, the Company entered into an agreement for the sale of the 2003-built Panamax class </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MV Koulitsa</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The vessel </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">was delivered to her new owners </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in November 2021.</span></div> 0.50 2746000 P720D 100000000 P5Y 6 50000000 50000000 50000000 5 1 20700000 XML 8 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Cover Page
 9 Months Ended
Sep. 30, 2021
Cover [Abstract]  
Document Type 6-K/A
Entity Registrant Name SAFE BULKERS, INC.
Entity Address, Address Line One Apt. D11
Entity Address, Address Line Two Les Acanthes
Entity Address, Address Line Three 6, Avenue des Citronniers
Entity Address, Postal Zip Code MC98000
Entity Address, City or Town Monaco
Entity Address, Country MC
Document Period End Date Sep. 30, 2021
Amendment Flag false
Current Fiscal Year End Date --12-31
Entity Central Index Key 0001434754
XML 9 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 94,500 $ 90,038
Time deposits 1,230 11,780
Accounts receivable 4,521 4,884
Assets held for sale 25,701 8,057
Due from Manager 0 48
Inventories 7,213 12,036
Derivatives assets current 0 99
Accrued revenue 1,659 557
Restricted cash 1,614 3,400
Prepaid expenses and other current assets 3,379 3,835
Total current assets 139,817 134,734
FIXED ASSETS:    
Vessels, net 851,549 942,164
Advances for vessels 57,852 9,126
Total fixed assets 909,401 951,290
OTHER NON CURRENT ASSETS:    
Deferred financing costs 198 160
Restricted cash 11,276 18,754
Derivative assets – Long-term 2,771 54
Accrued revenue - Long-term 230 75
Other non current assets 115 562
Total assets 1,063,808 1,105,629
CURRENT LIABILITIES:    
Current portion of long-term debt, net 34,394 75,784
Liability directly associated with assets held for sale 8,046 3,983
Unearned revenue 11,610 6,223
Trade accounts payable 7,500 13,480
Accrued liabilities 4,260 4,663
Derivative liabilities 362 582
Due to Manager 47 0
Total current liabilities 66,219 104,715
LONG-TERM LIABILITIES    
Long-term debt, net 371,311 531,883
Unearned revenue - Long-term 6,978 3,536
Derivative liabilities – Long-term 295 1,396
Other non-current liabilities 2,216 1,240
Total liabilities 447,019 642,770
COMMITMENTS AND CONTINGENCIES
MEZZANINE EQUITY - Redeemable non-controlling interest 0 18,112
SHAREHOLDERS’ EQUITY:    
Common stock, $0.001 par value; 200,000,000 authorized, 102,174,594 and 121,634,602 issued and outstanding at December 31, 2020 and September 30, 2021, respectively 122 102
Preferred stock, $0.01 par value; 20,000,000 authorized, 2,297,504 and 2,297,504 Series C Preferred Shares, 3,195,050 and 3,195,050 Series D Preferred Shares, issued and outstanding at December 31, 2020 and September 30, 2021, respectively 55 55
Additional paid in capital 425,210 354,284
Retained earnings 191,402 90,306
Total shareholders’ equity 616,789 444,747
Total liabilities, mezzanine equity and shareholders’ equity $ 1,063,808 $ 1,105,629
XML 10 R3.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Interim Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Sep. 30, 2021
Dec. 31, 2020
Class of Stock [Line Items]    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, authorized (in shares) 200,000,000 200,000,000
Common stock, shares issued (in shares) 121,634,602 102,174,594
Common stock, shares outstanding (in shares) 121,634,602 102,174,594
Preferred stock, par value (in USD per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Series C Preferred Stock    
Class of Stock [Line Items]    
Preferred stock, issued (in shares) 2,297,504 2,297,504
Preferred stock, shares outstanding (in shares) 2,297,504 2,297,504
Series D Preferred Stock    
Class of Stock [Line Items]    
Preferred stock, issued (in shares) 3,195,050 3,195,050
Preferred stock, shares outstanding (in shares) 3,195,050 3,195,050
XML 11 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
REVENUES:    
Revenues $ 247,032 $ 151,632
Commissions (10,442) (5,703)
Net revenues 236,590 145,929
EXPENSES:    
Voyage expenses (9,284) (36,866)
Vessel operating expenses (53,467) (54,716)
Depreciation (39,153) (40,395)
General and administrative expenses    
Management fee to related parties (14,636) (13,849)
Company administration expenses (2,388) (1,976)
Early redelivery income 7,470 0
Gain on sale of vessels 632 0
Operating (loss)/income 125,764 (1,873)
OTHER (EXPENSE)/INCOME:    
Interest expense (11,826) (16,900)
Other finance cost (462) (467)
Interest income 63 563
Loss on derivatives (1,977) (1,009)
Foreign currency gain/(loss) (611) 491
Amortization and write-off of deferred finance charges (1,808) (1,324)
Net (loss)/income 109,143 (20,519)
Less Preferred dividend 8,318 8,622
Less/(plus) Mezzanine equity measurement (271) 495
Net (loss)/income available to common shareholders, basic 101,096 (29,636)
Net (loss)/income available to common shareholders, diluted $ 101,096 $ (29,636)
(Loss)/earnings per share in U.S. Dollars, basic (in USD per share) $ 0.91 $ (0.29)
(Loss)/earnings per share in U.S. Dollars, diluted (in USD per share) $ 0.91 $ (0.29)
Weighted average number of shares, basic (in shares) 111,044,439 102,762,932
Weighted average number of shares, diluted (in shares) 111,044,439 102,762,932
XML 12 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Interim Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Common Stock
Common Stock
Common Stock
Treasury Stock
Preferred Stock
Additional Paid in Capital
Additional Paid in Capital
Common Stock
Additional Paid in Capital
Preferred Stock
Retained Earnings
Beginning Balance at Dec. 31, 2019 $ 472,742     $ 104   $ 0 $ 55 $ 356,963     $ 115,620
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss)/income (20,519)                   (20,519)
Mezzanine equity measurement (495)                   (495)
Issuance of common stock 3,300     3       3,297      
Repurchase and cancellation of common and preferred stock   $ (6,012) $ (89)   $ (5)       $ (6,007) $ (89)  
Share based compensation 90             90      
Preferred share dividends declared (8,624)                   (8,624)
Ending Balance at Sep. 30, 2020 440,393     102   0 55 354,254     85,982
Beginning Balance at Dec. 31, 2020 444,747     102   0 55 354,284     90,306
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss)/income 109,143                   109,143
Issuance of common stock 71,537     20       71,517      
Share based compensation 90             90      
Preferred share dividends declared (8,318)                   (8,318)
Mezzanine equity measurement 271                   271
Offering expenses (681)             (681)      
Ending Balance at Sep. 30, 2021 $ 616,789     $ 122   $ 0 $ 55 $ 425,210     $ 191,402
XML 13 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net (loss)/income $ 109,143 $ (20,519)
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:    
Depreciation 39,153 40,395
Gain on sale of vessels (632) 0
Amortization and write-off of deferred finance charges 1,808 1,324
Unrealized loss/(gain) on derivatives (3,939) 1,452
Unrealized foreign exchange (gain)/loss 539 (5)
Share based compensation 90 90
Change in:    
Accounts receivable 363 8,048
Due from Manager 48 477
Inventories 5,130 (1,178)
Accrued revenue (1,257) (245)
Prepaid expenses and other current assets 456 366
Due to Manager 47 (9)
Trade accounts payable (6,019) 179
Accrued liabilities (774) 1,288
Other non-current liabilities 1,029 780
Unearned revenue 8,829 1,763
Net Cash Provided by Operating Activities 154,014 34,206
Cash Flows from Investing Activities:    
Vessel advances (85,030) (39,458)
Proceeds from sale of vessels 70,648 0
Increase in bank time deposits (1,230) (82,013)
Maturity of bank time deposits 11,780 85,940
Net Used in Investing Activities (3,832) (35,531)
Cash Flows from Financing Activities:    
Proceeds from long-term debt 128,800 78,400
Principal payments of long-term debt (326,251) (70,513)
Dividends paid (8,452) (8,752)
Payment of deferred financing costs (2,029) (1,177)
Proceeds on issuance of common stock 71,537 0
Repurchase of common stock 0 (6,012)
Payment of common stock offering expenses (343) 0
Repurchase/redemption of preferred stock (17,707) (89)
Net Cash Used in Financing Activities (154,445) (8,143)
Net decrease in cash, cash equivalents and restricted cash (4,263) (9,468)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (539) 5
Cash, cash equivalents and restricted cash at beginning of year 112,192 92,639
Cash, cash equivalents and restricted cash at end of year 107,390 83,176
Supplemental cash flow information:    
Cash paid for interest (excluding capitalized interest): 11,170 14,162
Non Cash Investing and Financing Activities:    
Unpaid financing fees 374 412
Part payment of vessel advances through issuance of common stock and preferred stock 0 3,300
Unpaid capital expenditures 1,166 2,543
Reconciliation of Cash, Cash Equivalents and Restricted Cash:    
Cash and cash equivalents 94,500 64,022
Restricted cash – Current assets 1,614 2,000
Restricted cash – Non current assets 11,276 17,154
Cash, cash equivalents and restricted cash shown in the statement of cash flows $ 107,390 $ 83,176
XML 14 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Basis of Presentation and General Information
 9 Months Ended
Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation and General Information Basis of Presentation and General Information
Safe Bulkers, Inc., (“Safe Bulkers”) was formed on December 11, 2007, under the laws of the Republic of the Marshall Islands. Safe Bulkers’ common stock trades on the New York Stock Exchange (“NYSE”) under the symbol “SB.”

Polys Hajioannou and his family, by virtue of shares owned indirectly through various private entities are the controlling shareholders of Safe Bulkers, being the largest shareholders and as a result control the outcome of matters on which shareholders are entitled to vote, including the election of the entire board of directors and other significant corporate actions.

As of September 30, 2021, Safe Bulkers held 56 wholly-owned companies (which are referred to herein as “Subsidiaries”) which together owned and operated a fleet of 39 drybulk vessels.

Safe Bulkers and its Subsidiaries are collectively referred to in the notes to the consolidated financial statements as the “Company.”

The Company’s principal business is the ownership and operation of drybulk vessels. The Company’s vessels operate worldwide, carrying drybulk cargo for the world’s largest consumers of marine drybulk transportation services. Safety Management Overseas S.A., a company incorporated under the laws of the Republic of Panama (“Safety Management”) and Safe Bulkers Management Limited, a company incorporated under the laws of the Republic of Cyprus (“Safe Bulkers Management,” and, together with Safety Management, the “Managers,” and either of them “the Manager”), related parties both controlled by Polys Hajioannou, provide technical, commercial and administrative management services to the Company.

The accompanying consolidated financial statements include the operations, assets and liabilities of the Company, and of its Subsidiaries listed below:
Subsidiary Vessel Name Type Built
Maxeikosiexi Shipping Corporation (“Maxeikosiexi”)(1)(3)
 Koulitsa Panamax April 2003
Kerasies Shipping Corporation (“Kerasies”)(1)
 Katerina Panamax May 2004
Marathassa Shipping Corporation (“Marathassa”)(1)
 Maritsa Panamax January 2005
Kyotofriendo One Shipping Corporation (“Kyotofriendo One”)(2)(10)
 Paraskevi 2 Panamax April 2011
Maxeikositessera Shipping Corporation (“Maxeikositessera”)(2)
 Efrossini Panamax February 2012
Glovertwo Shipping Corporation (“Glovertwo”)(2)
 Zoe Panamax July 2013
Kyotofriendo Two Shipping Corporation (“Kyotofriendo Two”)(2)(11)
 Koulitsa 2 Panamax February 2013
Shikokutessera Shipping Inc. (“Shikokutessera”)(2)
 Kypros Land Panamax January 2014
Shikokupente Shipping Inc. (“Shikokupente”)(2)
 Kypros Sea Panamax March 2014
Gloverfour Shipping Corporation (“Gloverfour”)(2)
 Kypros Bravery Panamax January 2015
Shikokuokto Shipping Corporation (“Shikokuokto”)(2)
 Kypros Sky Panamax March 2015









F-7
Subsidiary Vessel Name Type Built
Gloverfive Shipping Corporation (“Gloverfive”)(2)
 Kypros Loyalty Panamax June 2015
Gloversix Shipping Corporation (“Gloversix”)(2)
 Kypros Spirit Panamax July 2016
Pemer Shipping Ltd. (“Pemer”)(1)
 Pedhoulas Merchant Kamsarmax March 2006
Petra Shipping Ltd. (“Petra”)(1)
 Pedhoulas Trader Kamsarmax May 2006
Pelea Shipping Ltd. (“Pelea”)(1)
 Pedhoulas Leader Kamsarmax March 2007
Vassone Shipping Corporation (“Vassone”)(2)
 Pedhoulas Commander Kamsarmax May 2008
Maxeikositria Shipping Corporation (“Maxeikositria”)(1)(4)
 Pedhoulas Fighter Kamsarmax August 2012
Youngone Shipping Corporation (“Youngone”)(2)
 Pedhoulas Cherry Kamsarmax July 2015
Youngtwo Shipping Corporation (“Youngtwo”)(2)
 Pedhoulas Rose Kamsarmax January 2017
Pinewood Shipping Corporation (“Pinewood”)(2)(5)
 Pedhoulas Cedrus Kamsarmax June 2018
Marinouki Shipping Corporation (“Marinouki”)(1)
 Marina Post-Panamax January 2006
Soffive Shipping Corporation (“Soffive”)(1)
 Sophia Post-Panamax June 2007
Vasstwo Shipping Corporation (“Vasstwo”)(1)
 Xenia Post-Panamax August 2006
Eniaprohi Shipping Corporation (“Eniaprohi”)(1)
 Eleni Post-Panamax November 2008
Eniadefhi Shipping Corporation (“Eniadefhi”)(1)
 Martine Post-Panamax February 2009
Maxdodeka Shipping Corporation (“Maxdodeka”)(1)
 Andreas K Post-Panamax September 2009
Pentakomo Shipping Corporation (“Pentakomo”)(2)
 Agios Spyridonas Post-Panamax January 2010
Maxdekatria Shipping Corporation (“Maxdekatria”)(1)
 Panayiota K Post-Panamax April 2010
Maxdeka Shipping Corporation (“Maxdeka”)(2)
 Venus Heritage Post-Panamax December 2010
Shikoku Friendship Shipping Company (“Shikoku”)(2)
 Venus History Post-Panamax September 2011
Maxenteka Shipping Corporation (“Maxenteka”)(2)
 Venus Horizon Post-Panamax February 2012
Shikokuepta Shipping Inc. (“Shikokuepta”)(2)
 Troodos Sun Post-Panamax January 2016
Shikokuexi Shipping Inc. (“Shikokuexi”)(2)
 Troodos Air Post-Panamax March 2016
Monagrouli Shipping Corporation (“Monagrouli”)(2)
Troodos OakPost-PanamaxApril 2020
Maxpente Shipping Corporation (“Maxpente”)(1)
 Kanaris Capesize March 2010
Eptaprohi Shipping Corporation (“Eptaprohi”)(1)
 Pelopidas Capesize November 2011
Maxtessera Shipping Corporation (“Maxtessera”)(2)
 Lake Despina Capesize January 2014
Shikokuennia Shipping Corporation (“Shikokuennia”)(2)
 Mount Troodos Capesize November 2009
Agros Shipping Corporation (“Agros”)(2)
TBN H1381KamsarmaxQ2 2022
Lofou Shipping Corporation (“Lofou”)(2)
TBN H11013Post-PanamaxQ3 2022
Yasudyo Shipping Corporation (“Yasudyo”)(2)
TBN H1392KamsarmaxQ4 2023
Shimafive Shipping Corporation (“Shimafive”)(2)
TBN H11064KamsarmaxQ4 2023
Shimasix Shipping Corporation (“Shimasix”)(2)
TBN H11065KamsarmaxQ1 2024
Shimaseven Shipping Corporation (“Shimaseven”)(2)
TBN H11067KamsarmaxQ1 2024
Gloverthree Shipping Corporation (“Gloverthree”)(2)
 TBN H11042 Post-Panamax Q1 2023
Gloverseven Shipping Corporation (“Gloverseven”)(2)
 TBN H11043 Post-Panamax Q2 2023
Maxeikosiepta Shipping Corporation (“Maxeikosiepta”)(1)(6)
 Paraskevi Panamax January 2003
Avstes Shipping Corporation (“Avstes”)(1)(7)
 Vassos Panamax February 2004
Maxeikosi Shipping Corporation (“Maxeikosi”)(1)(8)
 Pedhoulas Builder Kamsarmax May 2012
Marindou Shipping Corporation (“Marindou”)(1)(9)
 Maria Panamax April 2003
Maxeikosiena Shipping Corporation (“Maxeikosiena”)(1)(9)
 Pedhoulas Farmer Kamsarmax September 2012
Maxeikosipente Shipping Corporation
(“Maxeikosipente”)(1)
———
Staloudi Shipping Corporation (“Staloudi”)(1)
———
Metamou Shipping Corporation (“Metamou”) (2)(12)
———
Armonikos Shipping Corporation ("Armonikos") (2)(13)
———
(1)Incorporated under the laws of the Republic of Liberia.
(2)Incorporated under the laws of the Republic of the Marshall Islands.
(3)In June 2021, the Company entered into an agreement for the sale of MV Koulitsa. The vessel was delivered to her new owners in November 2021.
(4)In September 2021, the Company entered into an agreement for the sale of MV Pedhoulas Fighter. The sale is expected to be consummated in December 2021.
(5)On July 29, 2016, the Shipsales Contract relating to a newbuild vessel initially contracted by Kyotofriendo Two, was novated to Pinewood. Under an agreement with an unaffiliated third party, upon delivery of the vessel, named Pedhoulas Cedrus, to Pinewood in June 2018, 100 shares of Series A Preferred Stock of Pinewood were issued to the unaffiliated third party for proceeds in the equivalent of $16,875 at the time of issuance, which were used to finance part of the cost of such vessel. All Series A Preferred Stock were redeemed by Pinewood in February 2021.
(6)Vessel sold in January 2021 and delivered to her new owners in April 2021.
(7)Vessel sold in January 2021 and delivered to her new owners in May 2021.
(8)Vessel sold in May 2021 and delivered to her new owners in June 2021.
(9)Vessel sold in May 2021 and delivered to her new owners in September 2021.
(10)Vessel acquired in March 2021.
(11)Vessel acquired in July 2021.
(12)In July 2021, the Company entered into an agreement for the acquisition of a 2012-built Japanese Capesize class vessel to be named Stelios Y. The vessel is expected to be delivered in November 2021
(13)In July 2021, the Company entered into an agreement for the acquisition of a 2013-built Japanese Post-Panamax class vessel Venus Harmony, which was delivered to us in October 20, 2021. Refer to Note 15.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the management of Safe Bulkers, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of financial position, operating results and cash flows have been included in the statements. Interim results are not necessarily indicative of results that may be expected for the year ended December 31, 2021. These financial statements should be read in conjunction with the consolidated financial statements and footnotes for the year ended December 31, 2020 included in the Company’s Annual Report on Form 20-F.
XML 15 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Significant Accounting Policies
 9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Significant Accounting Policies Significant Accounting Policies
A summary of the Company’s other significant accounting policies is identified in Note 2 of the Company’s consolidated financial statements for the year ended December 31, 2020 included in the Company’s Annual Report on Form 20-F. The same accounting policies have been followed in these unaudited interim consolidated condensed financial statements as were applied in the preparation of the Company’s consolidated financial statements for the year end December 31, 2019.

Recent Accounting Pronouncements:

There are no recent accounting pronouncements the adoption of which are expected to have a material effect on the Company’s unaudited interim consolidated condensed financial statements in the current period.
XML 16 R9.htm IDEA: XBRL DOCUMENT v3.21.2
Transactions with Related Parties
 9 Months Ended
Sep. 30, 2021
Related Party Transactions [Abstract]  
Transactions with Related Parties Transactions with Related Parties
Services and agreements entered into with related partied are described in the Company’s consolidated financial statements for the year ended December 31, 2020 refer note 3. The following changes were agreed during the nine months ended September 30, 2021.

A. The Managers

On expiration of the initial term of three years on May 28, 2021, of the management agreements ( the “Management Agreements”), the Management Agreements were renewed for a further three year period ending May 28, 2024 on the same
terms and conditions except for the annual ship management fee payable to Safe Bulkers Management of €3.0 million which was amended as of May 29, 2021, to €3.5 million.
Amounts due from Manager under the management agreements were $48 and $0 as of December 31, 2020 and September 30, 2021, respectively. Amounts due to Manager under the management agreements were $0 and $47 as of December 31, 2020 and September 30, 2021, respectively.

The Fees charged by our Managers comprised the following:
Nine -month period ended September 30,
20202021
Ship Management Fees$13,849 $14,636 
Supervision Fees275 275 
Commissions330 1,085 

B. Credit Facility

In June 2021, the Company entered into a credit facility of $70.0 million with a five-year tenor, comprising of a term loan tranche of $30.0 million and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40.0 million, with respect to seven vessels. The agreement contained financial covenants in line with the existing loan and credit facilities of the Company. The proceeds from the credit facility refinanced loan facilities of $64.3 million maturing in 2023, in respect of eight vessels, seven of which secure the new credit facility and one of which remained debt free. The refinancing transaction was evaluated and approved by the Board of Directors of the Company, excluding the independent member of the Board of the Company, who serves as the Chief Executive Officer of the financial institution that is the lender in the transaction.
XML 17 R10.htm IDEA: XBRL DOCUMENT v3.21.2
Vessels, Net
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Vessels, Net Vessels, Net
Vessels, net are comprised of the following:
Vessel
Cost		Accumulated
Depreciation		Net Book
Value
Balance, December 31, 2020$1,357,460 $(415,296)$942,164 
Transfer from Advances for vessels (Note 5)36,505 — 36,505 
Transfer to Assets Held for Sale (Note 6)(152,174)64,207 (87,967)
Depreciation expense— (39,153)(39,153)
Balance, September 30, 2021$1,241,791 $(390,242)$851,549 

Transfer from Advances for vessels represent advances paid for vessels under construction and vessels acquisitions which were delivered to the Company, completed vessel improvements in respect of ballast water treatment systems (“BWTS”) and sulfur oxide exhaust gas cleaning systems (“Scrubbers”).

•During the nine-month period ended September 30, 2021 the Company accepted delivery of Paraskevi 2 and Koulitsa 2.

Consistent with prior practices, we reviewed all our vessels for impairment and none were found to be impaired as at December 31, 2020 and September 30, 2021.

As of September 30, 2021, 23 vessels owned by the Company, including vessels held for sale, with a carrying value of $499,138 had been provided as collateral to secure, through first priority mortgages, certain of the Company’s loans and credit facilities while for 12 vessels with a carrying value of $305,346, title of ownership is held by the relevant lender to secure the relevant sale and lease back financing transactions.
XML 18 R11.htm IDEA: XBRL DOCUMENT v3.21.2
Advances for Vessels
 9 Months Ended
Sep. 30, 2021
Advances For Assets Acquisitions And Assets Under Construction [Abstract]  
Advances for Vessels Advances for Vessels
Advances for vessels are comprised of the following:
Balance, December 31, 20209,126 
Additions for advances, including capitalized expenses and interest85,231 
Transferred to vessel cost (refer to Note 4)(36,505)
Balance, September 30, 2021$57,852 

Advances paid for vessels

•During the nine-month period ended September 30, 2021, represent advances for the acquisition and construction of the vessels Paraskevi 2, Koulitsa 2, Venus Harmony, Stelios Y and for Hull 11013, Hull 1381, Hull 1392, Hull 11042, Hull 11043, Hull 11064, Hull 11065 and Hull 11067 and BWTS and Scrubbers retrofitting and improvements of several vessels.
XML 19 R12.htm IDEA: XBRL DOCUMENT v3.21.2
Assets Held for Sale
 9 Months Ended
Sep. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Assets Held for Sale Assets Held for SaleAssets held for sale of $25,701, as of September 30, 2021, represent the carrying value of the vessels MV Koulitsa and MV Pedhoulas Fighter of $7,643, and $17,846 respectively, plus the value of bunkers and lubricants onboard on the same date of $109 and of $103, respectively. Two separate Memoranda of Agreement ('MoA's') were entered into with unrelated third parties in June and September, 2021, for the sale of MV Koulitsa and MV Pedhoulas Fighter at a price of $13,600 and $23,700, respectively. The sale of vessel MV Koulitsa was consummated in November 2021 and the sale of MV Pedhoulas Fighter is expected to be consummated upon delivery to her new owners in December 2021.
XML 20 R13.htm IDEA: XBRL DOCUMENT v3.21.2
Long Term Debt
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Long Term Debt Long Term Debt
Long term debt is comprised of the following borrowings:
   
BorrowerCommencementMaturityDecember 31, 2020September 30, 2021
Maxeikosiepta 1
December 2018February 20214,000 — 
Maxtessera 1
November 2018April 202122,000 — 
Avstes 1
June 2019April 20215,985 — 
Maxeikosi 1
September 2017May 202110,893 — 
Maxeikosiexi 1
September 2015June 20214,432 — 
Marathassa 1
September 2015June 20214,820 — 
Marinouki 1
September 2015June 20217,263 — 
Kerasies 1
September 2015June 20215,097 — 
Soffive 1
September 2015June 20217,853 — 
Eptaprohi 1
September 2015June 202137,053 — 
Petra 1
November 2018June 20216,135 — 
Pemer 1
November 2018June 20216,135 — 
Safe Bulkers 2
December 2019June 202129,000 — 
Shikokuepta 1
February 2016August 202117,150 — 
Safe Bulkers 1
November 2014September 202179,758 — 
Maxeikosiena 3
September 2015September 202118,058 — 
Safe Bulkers 1
April 2019June 20228,000 — 
Shikokupente - Shikokuennia - Pemer - Petra 1
July 2019January 20238,510 870 
Shikokupente 1
August 2018August 202312,927 10,210 
Shikokuennia 1
October 2018October 202314,385 8,668 
Maxeikositria 1
September 2017August 202410,893 8,077 
Maxpente 1
September 2017August 202416,100 11,450 
Maxeikositessera 1
September 2017August 202411,310 8,134 
Maxenteka 1
September 2017August 202413,536 10,294 
Safe Bulkers 1
November 2018August 202422,250 9,750 
Pelea - Vasstwo - Eniaprohi - Vassone 1
December 2018December 202443,250 31,250 
Maxdeka 3
November 2019August 202519,076 17,572 
Shikoku Friendship 3
November 2019August 202520,066 18,484 
Shikokutessera 3
November 2019August 202519,502 17,990 
Glovertwo 3
November 2019August 202518,344 16,900 
Pentakomo 3
January 2020January 202614,500 13,000 
Maxdekatria 3
January 2020January 202614,500 13,000 
Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra 1
June 2021June 2026— 29,137 
Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra 2
June 2021June 2026— 10,000 
Safe Bulkers 1
September 2021September 2026— 30,000 
Maxtessera 3
April 2021October 2026— 28,933 
Youngtwo 3
January 2017January 202721,203 20,491 
Monagrouli 1
April 2020April 202725,520 24,200 
Shikokuokto 3
December 2019December 202718,000 16,500 
Gloversix 3
December 2019December 202718,720 17,160 
Pinewood 3
February 2021February 2031— 23,035 
Shikokuepta 3
August 2021August 2031— 23,667 
Total616,224 418,772 
Current portion of Long-term debt  77,284 35,767 
Liability directly associated with asset held for sale4,000 8,077 
Long-term debt  534,940 374,928 
Total debt  616,224 418,772 
Current portion of deferred financing costs  1,500 1,373 
Financing cost, directly associated with asset held for sale17 31 
Deferred financing costs non-current  3,057 3,617 
Total deferred financing costs  4,574 5,021 
Total debt  616,224 418,772 
Less:  Total deferred financing costs
  4,574 5,021 
Total debt, net of deferred financing costs  611,650 413,751 
Less:  Current portion of long-term debt, net of current portion of deferred financing costs
  75,784 34,394 
Less: Liability directly associated with asset held for sale net of deferred financing cost3,983 8,046 
Long-term debt, net of deferred financing costs, non-current  531,883 371,311 
1.Credit facility
2.Revolving credit facility
3.Sale and lease back financing transaction.

Details of the loans and credit facilities are included in Note 7 of the Company’s consolidated financial statements for the year ended December 31, 2020, included in the Company’s Annual Report on Form 20-F. No change has been made to the debt covenants of our loan and credit facilities. During the nine months ended September 30, 2021, we prepaid debt in relation to vessels sales or debt refinancing in the aggregate amount of $282,408, made scheduled principal payments of $43,844 and had loan drawdowns of $128,800.

In June 2021, the Company entered into a credit facility of $70.0 million with a financial institution, as disclosed in Note 3B.

In August 2021, Shikokuepta entered into a sale and leaseback agreement, with an unrelated third party for $24,000, regarding the vessel owned by Shikokuepta. The sale and leaseback agreement bears interest at LIBOR plus a margin. This transaction was consummated in August 2021 and the proceeds were used to fully prepay the amount outstanding under previous credit facility secured by the respective vessel and for general corporate purposes. Under the agreement, the vessel was sold and leased back on a bareboat charter basis for a period of 10 years, with a purchase obligation at the end of the 10th year. Furthermore, Shikokuepta holds an option to purchase back the vessel after the third year of the bareboat charter, at predetermined purchase prices. In view of the obligation of Shikokuepta to purchase the vessel at the end of the bareboat charter, the Company has assessed that this transaction be recorded as financing transaction.

In September 2021, the Company entered into a new credit facility of $60.0 million with a five-year tenor secured by five vessels, comprising of a term loan tranche of $30.0 million, repayable over five years through quarterly principal instalments and a balloon payable on maturity, and a revolving credit facility tranche providing for a draw down capacity of up to $30.0 million reducing from its fourth year onwards. Both the term loan tranche and the revolving credit facility tranche bear interest at LIBOR plus a margin. The proceeds from the credit facility were used to refinance loan facilities with the same financial institution secured by six vessels, five of which secure the new credit facility and one has remained debt free. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company.

The fair value of debt outstanding on September 30, 2021 amounted to $421,867 when valuing the Youngtwo, Shikokutessera, Maxdeka, Shikoku, Glovertwo and Maxtessera loan facilities on the basis of the deemed equivalent fixed rate, as applicable on September 30, 2021, which is considered to be a Level 2 item in accordance with the fair value hierarchy.

As of September 30, 2021, an amount of $88.9 million was available for drawdown under the above loans and credit facilities. The estimated minimum annual principal payments required to be made after September 30, 2021, based on the loan and credit facility agreements as amended, are as follows:

F-15
To September 30,  
2022$43,843 
202351,893 
202486,592 
202598,095 
202655,982 
2027 and thereafter82,367 
Total$418,772 

As of September 30, 2021, the Company was in compliance with all debt covenants in effect, with respect to its loans and credit facilities.
XML 21 R14.htm IDEA: XBRL DOCUMENT v3.21.2
Share Capital
 9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Share Capital Share capital
As of December 31, 2020, and as of September 30, 2021 the Company had 200,000,000 shares of authorized common stock of $0.001 par value, of which 102,174,594 and 121,634,602 were issued and outstanding respectively.

In May 2021, the Company filed a supplement to its prospectus supplement to increase the capacity under its at-the-market offering (''ATM Program") to allow for sales of the Company’s common stock for aggregate gross offering proceeds of up to $100.0 million under the ATM Program entered into in August 2020. As of September 30, 2021, the Company had sold 19,417,280 shares of common stock under the ATM Program with aggregate gross offering proceeds to the Company of $73.0 million. As of September 30, 2021, shares of common stock with aggregate sales proceeds of up to approximately $27.0 million remain available for sale.
XML 22 R15.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
(a) Capital expenditure commitments relating to vessels under construction, second-hand vessels agreed to be acquired and the purchase of BWTS and Scrubbers to be installed on certain of our vessels are as follows:
Year end September 30, Due to Shipyards/Sellers
Due to Manager 1
Other CommitmentsTotal
2022$81,307 $1,922 $760 $83,989 
202379,600 2,888 — 82,488 
202495,320 2,415 — 97,735 
Total$256,227 $7,225 $760 $264,212 

1. Represents the amounts payable to our Managers under the Management Agreements in respect of the commissions for contracted newbuilds and second hand vessels to be acquired and the supervision fee for the contracted newbuild vessels.

(b) Other contingent liabilities

The Company and its Subsidiaries have not been involved in any legal proceedings, that may have, or have had, a significant effect on their business, financial position, results of operations or liquidity, nor is the Company aware of any proceedings that are pending or threatened that may have a significant effect on its business, financial position, results of operations or liquidity. From time to time various claims, suits and complaints, including those involving government regulations and product liability, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes with charterers, agents, shipyards, insurance providers and other claims relating to the operation of the Company’s vessels. Management is not aware of any material claims or contingent liabilities which should be disclosed, or for which a provision should be established in the accompanying consolidated financial statements.

The Company accrues for the cost of environmental liabilities when management becomes aware that a liability is probable and is able to reasonably estimate the probable exposure. Management is not aware of any such claims or contingent liabilities which should be disclosed, or for which a provision should be established in the accompanying consolidated financial statements. A maximum of $1,000,000 of the liabilities associated with the individual vessel actions, mainly for sea pollution, is covered by P&I Club insurance.
XML 23 R16.htm IDEA: XBRL DOCUMENT v3.21.2
Revenues
 9 Months Ended
Sep. 30, 2021
Revenues [Abstract]  
Revenues Revenues
Revenues are comprised of the following:
 Nine Month Periods Ended
 September 30, 2020September 30, 2021
Time charter revenue$146,499 $235,129 
Voyage charter revenue1,692 $5,156 
Other income3,441 $6,747 
Total151,632 $247,032 


The Company generates its revenues from time charters or infrequently under voyage contracts. Time charter agreements may have renewal options for one to 12 months. The charter party generally provides typical warranties regarding the speed and the performance of the vessel as well as some owner protective restrictions such that the vessel is sent only to safe ports by the charterer, subject always to compliance with applicable sanction laws, and carry only lawful and non-hazardous cargo. The Company typically enters into time charters ranging from one month to five years and in isolated cases on longer terms depending on market conditions. The charterer has the full discretion over the ports visited, shipping routes and vessel speed, subject only to the owner protective restrictions discussed above. Vessels may also be chartered under voyage charters, where a contract is made for the use of a vessel under which the Company is paid freight on the basis of moving cargo from a loading port to a discharge port. Voyage hire is typically paid partially upon initiation of the voyage and partially upon completion of the performance obligation.

During the nine -month period ended September 30, 2020 and 2021, the Company generated revenue from its time charters of $146,499, and $235,129, respectively. Scrubber fitted vessels are able to earn a premium attributable to the use of the scrubbers installed on board the vessels, to reduce the sulfur content of fuels due to new legislation effective January 1, 2020. This premium may be either incorporated in the daily hire rate or be variable consideration earned on the actual consumption on the basis of the price differential between 0.5% sulfur content compliant fuels and high sulfur fuel oil with 3.5% sulfur content. Scrubber premium earned as variable consideration is included in time charter revenue and amounted to $10,071 for the nine months ended September 30, 2021, compared to $13,929 for the nine months ended September 30, 2020.

As of September 30, 2021, no vessel was employed under a voyage charter.
The Company recognized the remaining performance obligation of $222 as of December 31, 2020 as revenue during the first quarter of 2021.
XML 24 R17.htm IDEA: XBRL DOCUMENT v3.21.2
Vessel Operating Expenses
 9 Months Ended
Sep. 30, 2021
Operating Expenses [Abstract]  
Vessel Operating Expenses Vessel Operating Expenses
Vessel operating expenses are comprised of the following:
 Nine -month period ended September 30,
 20202021
Crew wages and related costs$25,224 $28,004 
Insurance2,525 2,682 
Repairs, maintenance and drydocking costs9,315 5,492 
Spares, stores and provisions12,030 11,728 
Lubricants3,130 2,952 
Taxes479 533 
Miscellaneous2,013 2,076 
Total$54,716 $53,467 
XML 25 R18.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments
 9 Months Ended
Sep. 30, 2021
Fair Value Financial Instruments And Derivative Instruments  
Fair Value of Financial Instruments and Derivatives Instruments Fair Value of Financial Instruments and Derivatives Instruments
Cash and cash equivalents and restricted cash and interest rate, bunker price and freight derivatives are recorded at fair value. The carrying values of the current financial assets and current financial liabilities are reasonable estimates of their fair value due to the short-term nature of these financial instruments. Cash and cash equivalents and restricted cash are considered Level 1 items as they represent liquid assets with short-term maturities. The fair values of the variable interest long-term debt approximate the recorded values, due to their variable interest rates. The fair value of the fixed interest long-term debt is estimated using prevailing market rates as of the period end. The Company believes the terms of its loans are similar to those that could be procured as of September 30, 2021. The fair value of the long term debt is determined using observable market-based inputs hence it is considered Level 2 per the value hierarchy. The fair value of the long-term debt is disclosed in Note 7.

Derivative instruments

Interest rate swaps:

The Company from time to time enters into interest rate derivative contracts to manage interest costs and risk associated with changing interest rates with respect to its variable interest loans and credit facilities. Details of interest rate swap transactions entered into as of September 30, 2021 are presented in the table below:

F-19
Notional amount
Counterparty (1)InceptionExpiryFixed RateDecember 31, 2020September 30, 2021
SHIKOKUPENTE (2)August 3, 2020August 1, 20230.275%$12,927$12,288
SHIKOKUENNIA (2)July 20, 2020October 20, 20230.350%14,38512,998
MAXPENTESeptember 21, 2020August 27, 20240.322%10,15010,150
MAXENTEKASeptember 21, 2020August 27, 20240.322%9,5009,500
MAXEIKOSITESSERASeptember 21, 2020August 27, 20240.322%7,3507,350
SAFE BULKERSMarch 4, 2020September 30, 20240.990%10,00010,000
SAFE BULKERSMarch 4, 2020September 30, 20240.900%10,00010,000
SAFE BULKERSMarch 9, 2020September 30, 20240.800%10,00010,000
SAFE BULKERSMarch 10, 2020September 30, 20240.650%20,00020,000
SAFE BULKERSMarch 30, 2020September 30, 20240.600%10,00010,000
SAFE BULKERSMay 5, 2020May 5, 20250.400%10,00010,000
SAFE BULKERSJuly 10, 2020May 5, 20250.400%10,00010,000
SAFE BULKERSJuly 10, 2020May 5, 20250.380%10,00010,000
SAFE BULKERSJuly 14, 2020May 5, 20250.380%10,00010,000
SAFE BULKERSJune 4, 2020June 4, 20250.500%10,00010,000
SAFE BULKERSJune 11, 2020June 11, 20250.450%10,00010,000
SAFE BULKERSJune 15, 2020June 15, 20250.400%10,00010,000
SAFE BULKERSJune 30, 2020June 30, 20250.425%10,00010,000
SAFE BULKERSJuly 1, 2020July 1, 20250.380%10,00010,000
SAFE BULKERSJuly 9, 2020July 9, 20250.360%10,00010,000
SAFE BULKERSJuly 16, 2020July 16, 20250.350%10,00010,000
SAFE BULKERSJuly 30, 2020July 30, 20250.330%10,00010,000
SAFE BULKERSAugust 3, 2020August 3, 20250.370%10,00010,000
SAFE BULKERSFebruary 22, 2021December 31, 20250.745%—30,000
SAFE BULKERSMay 10, 2021May 10, 20260.950%—50,000
SAFE BULKERSJuly 21, 2021July 21, 20260.829%—10,000
SAFE BULKERSJuly 22, 2021July 22, 20260.770%—20,000
Total$244,312 $352,286 

(1) Under all above swap transactions, the bank effects quarterly floating-rate payments to the Company for the relevant amount based on the three-month USD LIBOR, and the Company effects quarterly payments to the bank on the relevant amount at the respective fixed rates.
(2) The notional amounts of the above transactions are reduced during the term of the swap transactions based on the expected principal outstanding under the respective facility.

Bunker Price Swaps:


In February 2021, the Company entered into a bunker fuel contract for an aggregate of 12,000 tonnes per annum or 1,000 tonnes per month for the period January 2022 to December 2022 to sell the spread differential between the price per ton of the 0.5% and 3.5% sulfur content fuel respectively.

Forward Freight Agreements (“FFAs”):
F-20
During the nine -month period ended September 30, 2021, the Company entered into six FFAs on the Panamax index for 90 days in aggregate for periods up to the end of 2022 with the objective of reducing the risk arising from the volatility in the vessel charter rates.

The Company’s interest rate agreements, foreign exchange forward contracts, bunker fuel contracts and FFAs do not qualify for hedge accounting. The Company determines the fair market value of such derivative contracts at the end of every period and accordingly records the resulting unrealized loss/gain during the period in the consolidated statement of operations.

Information on the location and amounts of derivative fair values in the consolidated balance sheets and derivative gains/losses in the consolidated statements of operations are shown below:

Derivatives not designated as hedging instruments
 
  
Asset Derivatives
Fair Values
Liability Derivatives
Fair Values
Type of
Contract
Balance sheet locationDecember 31, 2020September 30, 2021December 31, 2020September 30, 2021
Foreign CurrencyDerivative assets / Current assets99 — — — 
Interest RateDerivative assets / Non-current assets54 2,771 — 
Bunker FuelDerivative liabilities / Current liabilities— 408 290 
Forward FreightDerivative liabilities / Current liabilities— 174 72 
Bunker FuelDerivative liabilities / Non-current liabilities— — 116 60 
Interest RateDerivative liabilities / Non-current liabilities— — 1,280 235 
Total Derivatives$153 $2,771 $1,978 $657 

Amount of Gain/(Loss) Recognized on Derivatives Nine Months Period Ended
September 30, 2020September 30, 2021
Interest Rate Contracts$(1,619)$2,935 
Bunker Fuel Contracts$675 $(529)
Foreign Exchange Agreements$— $(99)
Forward Freight Agreements$(65)$(4,284)
Net Loss Recognized$(1,009)$(1,977)
 
The gain or loss is recognized in the consolidated statement of operations and is presented in Other (Expense)/Income – Gain/(Loss) on derivatives.

The Company’s interest rate derivative instruments are pay-fixed, receive-variable interest rate swaps based on the USD LIBOR swap rate. The fair value of the interest rate swaps is determined using a discounted cash flow approach based on expected forward LIBOR swap yield curves and takes into account the credit risk of the counterparty financial institutions. LIBOR swap rates are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy.

The Company’s foreign exchange forward derivative instruments are agreements entered into with a bank to exchange, at a specified future date, currencies of different countries at a specific rate. The fair value of the foreign exchange forward derivative instruments is determined using mid-rates based on available market rates at the end of the period of the valuation and takes into account the credit risk of the counterparty financial institutions. Foreign exchange rates are observable at commonly quoted intervals for the full terms of the foreign exchange forward derivative instruments and therefore are considered Level 2 items in accordance with the fair value hierarchy.
The Company’s FFA derivative instruments were receive-fixed, pay-variable swaps based on the earnings of the Panamax class dry bulk vessels as published by the Baltic Exchange. The fair value of the FFA derivatives is determined using a discounted cash flow approach based on the market rate of the earnings of the Panamax class dry bulk vessels as published by the Baltic Exchange at the time of such valuation and takes into account the credit risk of the counterparty financial institutions. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy.

The Company’s bunker fuel derivative instruments were receive-fixed, pay-variable swaps based on the difference in price between various categories of bunker fuels. The fair value of the bunker fuel swaps is determined using a discounted cash flow approach based on the difference between the market rate of the relevant bunker fuel prices at the end of the period and the contracted fixed rate and takes into account the credit risk of the counterparty financial institutions. Differences in prices are observable at commonly quoted intervals for the full terms of the swaps and therefore are considered Level 2 items in accordance with the fair value hierarchy.

The following table summarizes the valuation of the Company’s derivative financial instruments as of December 31, 2020 and as of September 30, 2021.
 
Significant Other Observable Inputs
(Level 2)
December 31, 2020September 30, 2021
Derivative instruments – asset position$153 $2,771 
Derivative instruments – liability position1,978 657 

As of December 31, 2020 and as of September 30, 2021, no fair value measurements for assets or liabilities under Level 3 were recognized in the Company’s consolidated balance sheets.
XML 26 R19.htm IDEA: XBRL DOCUMENT v3.21.2
Dividends
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Dividends Dividends
During the nine-month period ended September 30, 2021, the Company declared and paid 3 quarterly consecutive dividends of $0.50 per share for each of the Series C Preferred Shares, totaling $3,446, and Series D Preferred Shares, totaling $4,793.

During the nine-month period ended September 30, 2021, the Company's subsidiary Pinewood declared and paid 1 dividend of $78.
XML 27 R20.htm IDEA: XBRL DOCUMENT v3.21.2
(Loss)/Earnings Per Share
 9 Months Ended
Sep. 30, 2021
Earnings Per Share, Basic and Diluted [Abstract]  
(Loss)/Earnings Per Share (Loss)/Earnings Per Share
The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period and includes the shares issuable to the audit committee chairman and the independent directors at the end of the period for services rendered. Diluted earnings per share are the same as basic earnings per share. There are no other potentially dilutive shares. The computation of basic earnings per share is calculated after deducting the preferred stock dividend from net (loss)/income.
September 30,
20202021
Net (loss)/income$(20,519)$109,143 
Less preferred dividend8,622 8,318 
Less/(plus) mezzanine equity measurement495 (271)
Net (loss)/income available to common shareholders$(29,636)$101,096 
Weighted average number of shares, basic and diluted102,762,932 111,044,439 
(Loss)/earnings per share in U.S. Dollars, basic and diluted$(0.29)$0.91 
XML 28 R21.htm IDEA: XBRL DOCUMENT v3.21.2
Subsequent Events
 9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
(a) Dividend declaration: On October 8, 2021, the Board of Directors declared a dividend of $0.50 per share for all classes of preferred shares, totaling $2,746, payable to all shareholders of record as of October 22, 2021, which was paid on November 1, 2021.

(b) Forward freight agreements: In October 2021, the Company entered into forward freight agreements on the Panamax index for 720 days in aggregate for the period to December 2022, with the objective of reducing the risk arising from the volatility in the charter rates.

(c) Vessel delivery: On October 20, 2021, the Company took delivery of the 2013-built Japanese Post-Panamax class MV Venus Harmony. The acquisition was funded by the cash reserves of the Company.

(d) New loan commitment: In October 2021, the Company signed a commitment letter for a new credit facility of $100.0 million with a five-year tenor to be secured by six vessels, which will comprise a term loan tranche of $50.0 million and a revolving credit facility tranche providing for a draw down capacity of up to $50.0 million reducing from its fourth year onwards. The anticipated proceeds from the credit facility will be used to refinance loan facilities of an aggregate outstanding amount of $50.0 million secured by the five vessels and maturing up to 2024 and the repurchase of one vessel under a sale and leaseback agreement for an amount of $20.7 million. The Company does not intend to utilize the full capacity of the reducing revolving credit facility tranche at this time. The agreement is expected to contain financial covenants in line with the existing loan and credit facilities of the Company.

(e) Vessel sold: In June 2021, the Company entered into an agreement for the sale of the 2003-built Panamax class MV Koulitsa. The vessel was delivered to her new owners in November 2021.
XML 29 R22.htm IDEA: XBRL DOCUMENT v3.21.2
Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Recent Accounting Pronouncements
Recent Accounting Pronouncements:

There are no recent accounting pronouncements the adoption of which are expected to have a material effect on the Company’s unaudited interim consolidated condensed financial statements in the current period.
XML 30 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Basis of Presentation and General Information (Tables)
 9 Months Ended
Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Subsidiaries
The accompanying consolidated financial statements include the operations, assets and liabilities of the Company, and of its Subsidiaries listed below:
Subsidiary Vessel Name Type Built
Maxeikosiexi Shipping Corporation (“Maxeikosiexi”)(1)(3)
 Koulitsa Panamax April 2003
Kerasies Shipping Corporation (“Kerasies”)(1)
 Katerina Panamax May 2004
Marathassa Shipping Corporation (“Marathassa”)(1)
 Maritsa Panamax January 2005
Kyotofriendo One Shipping Corporation (“Kyotofriendo One”)(2)(10)
 Paraskevi 2 Panamax April 2011
Maxeikositessera Shipping Corporation (“Maxeikositessera”)(2)
 Efrossini Panamax February 2012
Glovertwo Shipping Corporation (“Glovertwo”)(2)
 Zoe Panamax July 2013
Kyotofriendo Two Shipping Corporation (“Kyotofriendo Two”)(2)(11)
 Koulitsa 2 Panamax February 2013
Shikokutessera Shipping Inc. (“Shikokutessera”)(2)
 Kypros Land Panamax January 2014
Shikokupente Shipping Inc. (“Shikokupente”)(2)
 Kypros Sea Panamax March 2014
Gloverfour Shipping Corporation (“Gloverfour”)(2)
 Kypros Bravery Panamax January 2015
Shikokuokto Shipping Corporation (“Shikokuokto”)(2)
 Kypros Sky Panamax March 2015









F-7
Subsidiary Vessel Name Type Built
Gloverfive Shipping Corporation (“Gloverfive”)(2)
 Kypros Loyalty Panamax June 2015
Gloversix Shipping Corporation (“Gloversix”)(2)
 Kypros Spirit Panamax July 2016
Pemer Shipping Ltd. (“Pemer”)(1)
 Pedhoulas Merchant Kamsarmax March 2006
Petra Shipping Ltd. (“Petra”)(1)
 Pedhoulas Trader Kamsarmax May 2006
Pelea Shipping Ltd. (“Pelea”)(1)
 Pedhoulas Leader Kamsarmax March 2007
Vassone Shipping Corporation (“Vassone”)(2)
 Pedhoulas Commander Kamsarmax May 2008
Maxeikositria Shipping Corporation (“Maxeikositria”)(1)(4)
 Pedhoulas Fighter Kamsarmax August 2012
Youngone Shipping Corporation (“Youngone”)(2)
 Pedhoulas Cherry Kamsarmax July 2015
Youngtwo Shipping Corporation (“Youngtwo”)(2)
 Pedhoulas Rose Kamsarmax January 2017
Pinewood Shipping Corporation (“Pinewood”)(2)(5)
 Pedhoulas Cedrus Kamsarmax June 2018
Marinouki Shipping Corporation (“Marinouki”)(1)
 Marina Post-Panamax January 2006
Soffive Shipping Corporation (“Soffive”)(1)
 Sophia Post-Panamax June 2007
Vasstwo Shipping Corporation (“Vasstwo”)(1)
 Xenia Post-Panamax August 2006
Eniaprohi Shipping Corporation (“Eniaprohi”)(1)
 Eleni Post-Panamax November 2008
Eniadefhi Shipping Corporation (“Eniadefhi”)(1)
 Martine Post-Panamax February 2009
Maxdodeka Shipping Corporation (“Maxdodeka”)(1)
 Andreas K Post-Panamax September 2009
Pentakomo Shipping Corporation (“Pentakomo”)(2)
 Agios Spyridonas Post-Panamax January 2010
Maxdekatria Shipping Corporation (“Maxdekatria”)(1)
 Panayiota K Post-Panamax April 2010
Maxdeka Shipping Corporation (“Maxdeka”)(2)
 Venus Heritage Post-Panamax December 2010
Shikoku Friendship Shipping Company (“Shikoku”)(2)
 Venus History Post-Panamax September 2011
Maxenteka Shipping Corporation (“Maxenteka”)(2)
 Venus Horizon Post-Panamax February 2012
Shikokuepta Shipping Inc. (“Shikokuepta”)(2)
 Troodos Sun Post-Panamax January 2016
Shikokuexi Shipping Inc. (“Shikokuexi”)(2)
 Troodos Air Post-Panamax March 2016
Monagrouli Shipping Corporation (“Monagrouli”)(2)
Troodos OakPost-PanamaxApril 2020
Maxpente Shipping Corporation (“Maxpente”)(1)
 Kanaris Capesize March 2010
Eptaprohi Shipping Corporation (“Eptaprohi”)(1)
 Pelopidas Capesize November 2011
Maxtessera Shipping Corporation (“Maxtessera”)(2)
 Lake Despina Capesize January 2014
Shikokuennia Shipping Corporation (“Shikokuennia”)(2)
 Mount Troodos Capesize November 2009
Agros Shipping Corporation (“Agros”)(2)
TBN H1381KamsarmaxQ2 2022
Lofou Shipping Corporation (“Lofou”)(2)
TBN H11013Post-PanamaxQ3 2022
Yasudyo Shipping Corporation (“Yasudyo”)(2)
TBN H1392KamsarmaxQ4 2023
Shimafive Shipping Corporation (“Shimafive”)(2)
TBN H11064KamsarmaxQ4 2023
Shimasix Shipping Corporation (“Shimasix”)(2)
TBN H11065KamsarmaxQ1 2024
Shimaseven Shipping Corporation (“Shimaseven”)(2)
TBN H11067KamsarmaxQ1 2024
Gloverthree Shipping Corporation (“Gloverthree”)(2)
 TBN H11042 Post-Panamax Q1 2023
Gloverseven Shipping Corporation (“Gloverseven”)(2)
 TBN H11043 Post-Panamax Q2 2023
Maxeikosiepta Shipping Corporation (“Maxeikosiepta”)(1)(6)
 Paraskevi Panamax January 2003
Avstes Shipping Corporation (“Avstes”)(1)(7)
 Vassos Panamax February 2004
Maxeikosi Shipping Corporation (“Maxeikosi”)(1)(8)
 Pedhoulas Builder Kamsarmax May 2012
Marindou Shipping Corporation (“Marindou”)(1)(9)
 Maria Panamax April 2003
Maxeikosiena Shipping Corporation (“Maxeikosiena”)(1)(9)
 Pedhoulas Farmer Kamsarmax September 2012
Maxeikosipente Shipping Corporation
(“Maxeikosipente”)(1)
———
Staloudi Shipping Corporation (“Staloudi”)(1)
———
Metamou Shipping Corporation (“Metamou”) (2)(12)
———
Armonikos Shipping Corporation ("Armonikos") (2)(13)
———
(1)Incorporated under the laws of the Republic of Liberia.
(2)Incorporated under the laws of the Republic of the Marshall Islands.
(3)In June 2021, the Company entered into an agreement for the sale of MV Koulitsa. The vessel was delivered to her new owners in November 2021.
(4)In September 2021, the Company entered into an agreement for the sale of MV Pedhoulas Fighter. The sale is expected to be consummated in December 2021.
(5)On July 29, 2016, the Shipsales Contract relating to a newbuild vessel initially contracted by Kyotofriendo Two, was novated to Pinewood. Under an agreement with an unaffiliated third party, upon delivery of the vessel, named Pedhoulas Cedrus, to Pinewood in June 2018, 100 shares of Series A Preferred Stock of Pinewood were issued to the unaffiliated third party for proceeds in the equivalent of $16,875 at the time of issuance, which were used to finance part of the cost of such vessel. All Series A Preferred Stock were redeemed by Pinewood in February 2021.
(6)Vessel sold in January 2021 and delivered to her new owners in April 2021.
(7)Vessel sold in January 2021 and delivered to her new owners in May 2021.
(8)Vessel sold in May 2021 and delivered to her new owners in June 2021.
(9)Vessel sold in May 2021 and delivered to her new owners in September 2021.
(10)Vessel acquired in March 2021.
(11)Vessel acquired in July 2021.
(12)In July 2021, the Company entered into an agreement for the acquisition of a 2012-built Japanese Capesize class vessel to be named Stelios Y. The vessel is expected to be delivered in November 2021
(13)In July 2021, the Company entered into an agreement for the acquisition of a 2013-built Japanese Post-Panamax class vessel Venus Harmony, which was delivered to us in October 20, 2021. Refer to Note 15.
XML 31 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Transactions with Related Parties (Tables)
 9 Months Ended
Sep. 30, 2021
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The Fees charged by our Managers comprised the following:
Nine -month period ended September 30,
20202021
Ship Management Fees$13,849 $14,636 
Supervision Fees275 275 
Commissions330 1,085 
XML 32 R25.htm IDEA: XBRL DOCUMENT v3.21.2
Vessels, Net (Tables)
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Schedule of Vessels, Net
Vessels, net are comprised of the following:
Vessel
Cost		Accumulated
Depreciation		Net Book
Value
Balance, December 31, 2020$1,357,460 $(415,296)$942,164 
Transfer from Advances for vessels (Note 5)36,505 — 36,505 
Transfer to Assets Held for Sale (Note 6)(152,174)64,207 (87,967)
Depreciation expense— (39,153)(39,153)
Balance, September 30, 2021$1,241,791 $(390,242)$851,549 
XML 33 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Advances for Vessels (Tables)
 9 Months Ended
Sep. 30, 2021
Advances For Assets Acquisitions And Assets Under Construction [Abstract]  
Advances for Vessel Acquisition and Vessels under Construction
Advances for vessels are comprised of the following:
Balance, December 31, 20209,126 
Additions for advances, including capitalized expenses and interest85,231 
Transferred to vessel cost (refer to Note 4)(36,505)
Balance, September 30, 2021$57,852 
XML 34 R27.htm IDEA: XBRL DOCUMENT v3.21.2
Long Term Debt (Tables)
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
Long term debt is comprised of the following borrowings:
   
BorrowerCommencementMaturityDecember 31, 2020September 30, 2021
Maxeikosiepta 1
December 2018February 20214,000 — 
Maxtessera 1
November 2018April 202122,000 — 
Avstes 1
June 2019April 20215,985 — 
Maxeikosi 1
September 2017May 202110,893 — 
Maxeikosiexi 1
September 2015June 20214,432 — 
Marathassa 1
September 2015June 20214,820 — 
Marinouki 1
September 2015June 20217,263 — 
Kerasies 1
September 2015June 20215,097 — 
Soffive 1
September 2015June 20217,853 — 
Eptaprohi 1
September 2015June 202137,053 — 
Petra 1
November 2018June 20216,135 — 
Pemer 1
November 2018June 20216,135 — 
Safe Bulkers 2
December 2019June 202129,000 — 
Shikokuepta 1
February 2016August 202117,150 — 
Safe Bulkers 1
November 2014September 202179,758 — 
Maxeikosiena 3
September 2015September 202118,058 — 
Safe Bulkers 1
April 2019June 20228,000 — 
Shikokupente - Shikokuennia - Pemer - Petra 1
July 2019January 20238,510 870 
Shikokupente 1
August 2018August 202312,927 10,210 
Shikokuennia 1
October 2018October 202314,385 8,668 
Maxeikositria 1
September 2017August 202410,893 8,077 
Maxpente 1
September 2017August 202416,100 11,450 
Maxeikositessera 1
September 2017August 202411,310 8,134 
Maxenteka 1
September 2017August 202413,536 10,294 
Safe Bulkers 1
November 2018August 202422,250 9,750 
Pelea - Vasstwo - Eniaprohi - Vassone 1
December 2018December 202443,250 31,250 
Maxdeka 3
November 2019August 202519,076 17,572 
Shikoku Friendship 3
November 2019August 202520,066 18,484 
Shikokutessera 3
November 2019August 202519,502 17,990 
Glovertwo 3
November 2019August 202518,344 16,900 
Pentakomo 3
January 2020January 202614,500 13,000 
Maxdekatria 3
January 2020January 202614,500 13,000 
Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra 1
June 2021June 2026— 29,137 
Eptaprohi - Kerasies - Marathassa - Marinouki -Soffive - Pemer - Petra 2
June 2021June 2026— 10,000 
Safe Bulkers 1
September 2021September 2026— 30,000 
Maxtessera 3
April 2021October 2026— 28,933 
Youngtwo 3
January 2017January 202721,203 20,491 
Monagrouli 1
April 2020April 202725,520 24,200 
Shikokuokto 3
December 2019December 202718,000 16,500 
Gloversix 3
December 2019December 202718,720 17,160 
Pinewood 3
February 2021February 2031— 23,035 
Shikokuepta 3
August 2021August 2031— 23,667 
Total616,224 418,772 
Current portion of Long-term debt  77,284 35,767 
Liability directly associated with asset held for sale4,000 8,077 
Long-term debt  534,940 374,928 
Total debt  616,224 418,772 
Current portion of deferred financing costs  1,500 1,373 
Financing cost, directly associated with asset held for sale17 31 
Deferred financing costs non-current  3,057 3,617 
Total deferred financing costs  4,574 5,021 
Total debt  616,224 418,772 
Less:  Total deferred financing costs
  4,574 5,021 
Total debt, net of deferred financing costs  611,650 413,751 
Less:  Current portion of long-term debt, net of current portion of deferred financing costs
  75,784 34,394 
Less: Liability directly associated with asset held for sale net of deferred financing cost3,983 8,046 
Long-term debt, net of deferred financing costs, non-current  531,883 371,311 
1.Credit facility
2.Revolving credit facility
3.Sale and lease back financing transaction.
Schedule of Maturities of Long-term Debt The estimated minimum annual principal payments required to be made after September 30, 2021, based on the loan and credit facility agreements as amended, are as follows:F-15
To September 30,  
2022$43,843 
202351,893 
202486,592 
202598,095 
202655,982 
2027 and thereafter82,367 
Total$418,772 
XML 35 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments under Shipbuilding Contracts and Memorandums of Agreement Capital expenditure commitments relating to vessels under construction, second-hand vessels agreed to be acquired and the purchase of BWTS and Scrubbers to be installed on certain of our vessels are as follows:
Year end September 30, Due to Shipyards/Sellers
Due to Manager 1
Other CommitmentsTotal
2022$81,307 $1,922 $760 $83,989 
202379,600 2,888 — 82,488 
202495,320 2,415 — 97,735 
Total$256,227 $7,225 $760 $264,212 

1. Represents the amounts payable to our Managers under the Management Agreements in respect of the commissions for contracted newbuilds and second hand vessels to be acquired and the supervision fee for the contracted newbuild vessels.
XML 36 R29.htm IDEA: XBRL DOCUMENT v3.21.2
Revenues (Tables)
 9 Months Ended
Sep. 30, 2021
Revenues [Abstract]  
Revenues
Revenues are comprised of the following:
 Nine Month Periods Ended
 September 30, 2020September 30, 2021
Time charter revenue$146,499 $235,129 
Voyage charter revenue1,692 $5,156 
Other income3,441 $6,747 
Total151,632 $247,032 
XML 37 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Vessel Operating Expenses (Tables)
 9 Months Ended
Sep. 30, 2021
Operating Expenses [Abstract]  
Vessel Operating Expenses
Vessel operating expenses are comprised of the following:
 Nine -month period ended September 30,
 20202021
Crew wages and related costs$25,224 $28,004 
Insurance2,525 2,682 
Repairs, maintenance and drydocking costs9,315 5,492 
Spares, stores and provisions12,030 11,728 
Lubricants3,130 2,952 
Taxes479 533 
Miscellaneous2,013 2,076 
Total$54,716 $53,467 
XML 38 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments (Tables)
 9 Months Ended
Sep. 30, 2021
Fair Value Financial Instruments And Derivative Instruments  
Schedule of Interest Rate Derivatives Details of interest rate swap transactions entered into as of September 30, 2021 are presented in the table below:F-19
Notional amount
Counterparty (1)InceptionExpiryFixed RateDecember 31, 2020September 30, 2021
SHIKOKUPENTE (2)August 3, 2020August 1, 20230.275%$12,927$12,288
SHIKOKUENNIA (2)July 20, 2020October 20, 20230.350%14,38512,998
MAXPENTESeptember 21, 2020August 27, 20240.322%10,15010,150
MAXENTEKASeptember 21, 2020August 27, 20240.322%9,5009,500
MAXEIKOSITESSERASeptember 21, 2020August 27, 20240.322%7,3507,350
SAFE BULKERSMarch 4, 2020September 30, 20240.990%10,00010,000
SAFE BULKERSMarch 4, 2020September 30, 20240.900%10,00010,000
SAFE BULKERSMarch 9, 2020September 30, 20240.800%10,00010,000
SAFE BULKERSMarch 10, 2020September 30, 20240.650%20,00020,000
SAFE BULKERSMarch 30, 2020September 30, 20240.600%10,00010,000
SAFE BULKERSMay 5, 2020May 5, 20250.400%10,00010,000
SAFE BULKERSJuly 10, 2020May 5, 20250.400%10,00010,000
SAFE BULKERSJuly 10, 2020May 5, 20250.380%10,00010,000
SAFE BULKERSJuly 14, 2020May 5, 20250.380%10,00010,000
SAFE BULKERSJune 4, 2020June 4, 20250.500%10,00010,000
SAFE BULKERSJune 11, 2020June 11, 20250.450%10,00010,000
SAFE BULKERSJune 15, 2020June 15, 20250.400%10,00010,000
SAFE BULKERSJune 30, 2020June 30, 20250.425%10,00010,000
SAFE BULKERSJuly 1, 2020July 1, 20250.380%10,00010,000
SAFE BULKERSJuly 9, 2020July 9, 20250.360%10,00010,000
SAFE BULKERSJuly 16, 2020July 16, 20250.350%10,00010,000
SAFE BULKERSJuly 30, 2020July 30, 20250.330%10,00010,000
SAFE BULKERSAugust 3, 2020August 3, 20250.370%10,00010,000
SAFE BULKERSFebruary 22, 2021December 31, 20250.745%—30,000
SAFE BULKERSMay 10, 2021May 10, 20260.950%—50,000
SAFE BULKERSJuly 21, 2021July 21, 20260.829%—10,000
SAFE BULKERSJuly 22, 2021July 22, 20260.770%—20,000
Total$244,312 $352,286 

(1) Under all above swap transactions, the bank effects quarterly floating-rate payments to the Company for the relevant amount based on the three-month USD LIBOR, and the Company effects quarterly payments to the bank on the relevant amount at the respective fixed rates.
(2) The notional amounts of the above transactions are reduced during the term of the swap transactions based on the expected principal outstanding under the respective facility.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Information on the location and amounts of derivative fair values in the consolidated balance sheets and derivative gains/losses in the consolidated statements of operations are shown below:

Derivatives not designated as hedging instruments
 
  
Asset Derivatives
Fair Values
Liability Derivatives
Fair Values
Type of
Contract
Balance sheet locationDecember 31, 2020September 30, 2021December 31, 2020September 30, 2021
Foreign CurrencyDerivative assets / Current assets99 — — — 
Interest RateDerivative assets / Non-current assets54 2,771 — 
Bunker FuelDerivative liabilities / Current liabilities— 408 290 
Forward FreightDerivative liabilities / Current liabilities— 174 72 
Bunker FuelDerivative liabilities / Non-current liabilities— — 116 60 
Interest RateDerivative liabilities / Non-current liabilities— — 1,280 235 
Total Derivatives$153 $2,771 $1,978 $657 
Derivative Instruments, Gain (Loss)
Amount of Gain/(Loss) Recognized on Derivatives Nine Months Period Ended
September 30, 2020September 30, 2021
Interest Rate Contracts$(1,619)$2,935 
Bunker Fuel Contracts$675 $(529)
Foreign Exchange Agreements$— $(99)
Forward Freight Agreements$(65)$(4,284)
Net Loss Recognized$(1,009)$(1,977)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the valuation of the Company’s derivative financial instruments as of December 31, 2020 and as of September 30, 2021.
 
Significant Other Observable Inputs
(Level 2)
December 31, 2020September 30, 2021
Derivative instruments – asset position$153 $2,771 
Derivative instruments – liability position1,978 657 
XML 39 R32.htm IDEA: XBRL DOCUMENT v3.21.2
(Loss)/Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share, Basic and Diluted [Abstract]  
Computation of Basic Earnings/(Loss) Per Share The computation of basic earnings per share is calculated after deducting the preferred stock dividend from net (loss)/income.
September 30,
20202021
Net (loss)/income$(20,519)$109,143 
Less preferred dividend8,622 8,318 
Less/(plus) mezzanine equity measurement495 (271)
Net (loss)/income available to common shareholders$(29,636)$101,096 
Weighted average number of shares, basic and diluted102,762,932 111,044,439 
(Loss)/earnings per share in U.S. Dollars, basic and diluted$(0.29)$0.91 
XML 40 R33.htm IDEA: XBRL DOCUMENT v3.21.2
Basis of Presentation and General Information - Additional Information (Details)
Sep. 30, 2021
subsidiary
vessel
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Number of subsidiaries | subsidiary 56
Number of drybulk vessels | vessel 39
XML 41 R34.htm IDEA: XBRL DOCUMENT v3.21.2
Basis of Presentation and General Information - Schedule of Subsidiaries (Details)
$ in Thousands
 1 Months Ended
Jun. 30, 2018
USD ($)
shares
Subsidiary, Sale of Stock [Line Items]  
Cumulative redeemable perpetual preferred equity | $ $ 16,875
Series A Preferred Stock | Private Placement  
Subsidiary, Sale of Stock [Line Items]  
Number of shares issued in transaction (in shares) | shares 100
XML 42 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Transactions with Related Parties - The Managers (Details)
$ in Thousands, € in Millions
May 29, 2021
EUR (€)
May 29, 2018
EUR (€)
Sep. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Related Party Transactions [Abstract]        
Management agreement term 3 years 3 years    
Flat ship management fee | € € 3.5 € 3.0    
Related Party Transaction, Due from (to) Related Party, Current [Abstract]        
Due from manager     $ 0 $ 48
Due to manager     $ 47 $ 0
XML 43 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Transactions with Related Parties - Schedule of Fees Charged by Managers (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Related Party Transactions [Abstract]    
Ship Management Fees $ 14,636 $ 13,849
Supervision Fees 275 275
Commissions $ 1,085 $ 330
XML 44 R37.htm IDEA: XBRL DOCUMENT v3.21.2
Transactions with Related Parties - Credit Facility (Details)
 1 Months Ended 9 Months Ended
Jun. 30, 2021
USD ($)
vessel
Sep. 30, 2021
USD ($)
vessel
Sep. 30, 2020
USD ($)
Line of Credit Facility [Line Items]      
Number of vessels provided as collateral | vessel   23  
Proceeds from long-term debt | $   $ 128,800,000 $ 78,400,000
Number of vessels debt free | vessel   1  
Line of credit      
Line of Credit Facility [Line Items]      
Line of credit facility | $ $ 70,000,000 $ 60,000,000  
Long-term debt, tenor 5 years 5 years  
Number of vessels provided as collateral | vessel 7    
Proceeds from long-term debt | $ $ 64,300,000    
Number of vessels financed by credit facility | vessel 8    
Number of vessels debt free | vessel 1    
Line of credit | Secured debt      
Line of Credit Facility [Line Items]      
Line of credit facility | $ $ 30,000,000 $ 30,000,000  
Long-term debt, tenor   5 years  
Line of credit | Revolving credit facility      
Line of Credit Facility [Line Items]      
Line of credit facility | $ $ 40,000,000 $ 30,000,000  
XML 45 R38.htm IDEA: XBRL DOCUMENT v3.21.2
Vessels, Net - Schedule of Vessels (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Vessel Cost    
Beginning Balance $ 1,357,460  
Transfer from Advances for vessels (Note 5) 36,505  
Transfer to Assets Held for Sale (Note 6) (152,174)  
Ending Balance 1,241,791  
Accumulated Depreciation    
Beginning Balance (415,296)  
Transfer to Assets Held for Sale (Note 6) 64,207  
Depreciation expense (39,153) $ (40,395)
Ending Balance (390,242)  
Net Book Value    
Beginning Balance 942,164  
Transfer from Advances for vessels (Note 5) 36,505  
Transfer to Assets Held for Sale (Note 6) (87,967)  
Depreciation expense (39,153) $ (40,395)
Ending Balance $ 851,549  
XML 46 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Vessels, Net - Additional Information (Details)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2021
USD ($)
vessel
Sep. 30, 2021
USD ($)
vessel
Dec. 31, 2020
vessel
Property, Plant and Equipment [Abstract]      
Number of impaired vessels   0 0
Number of vessels provided as collateral 23 23  
Vessels provided as collateral | $ $ 499,138 $ 499,138  
Number of vessels sold and leased back 12    
Carrying value of vessels sold and leased back | $ $ 305,346 $ 305,346  
XML 47 R40.htm IDEA: XBRL DOCUMENT v3.21.2
Advances for Vessels - Schedule of Advances for Vessel Acquisition and Vessels under Construction (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
USD ($)
Advances For Assets Acquisitions And Assets Under Construction [Abstract]  
Advances for vessels, beginning balance $ 9,126
Additions for advances, including capitalized expenses and interest 85,231
Transferred to vessel cost (36,505)
Advances for vessels, ending balance $ 57,852
XML 48 R41.htm IDEA: XBRL DOCUMENT v3.21.2
Assets Held for Sale (Details)
$ in Thousands
 4 Months Ended
Sep. 30, 2021
USD ($)
agreement
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Discontinued Operations and Disposal Groups [Abstract]      
Assets held for sale $ 25,701   $ 8,057
Number of Memoranda of Agreement entered with unrelated third parties | agreement 2    
MV Koulitsa      
Discontinued Operations and Disposal Groups [Abstract]      
Carrying value of the vessel $ 7,643    
Carrying value of bunkers and lubricants onboard 109    
Sale price of the vessel   $ 13,600  
MV Pedhoulas Fighter      
Discontinued Operations and Disposal Groups [Abstract]      
Carrying value of the vessel 17,846    
Carrying value of bunkers and lubricants onboard 103    
Sale price of the vessel $ 23,700    
XML 49 R42.htm IDEA: XBRL DOCUMENT v3.21.2
Long Term Debt - Schedule of Debt (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Debt Instrument [Line Items]    
Total $ 418,772 $ 616,224
Current portion of Long-term debt 35,767 77,284
Liability directly associated with asset held for sale 8,077 4,000
Long-term debt 374,928 534,940
Current portion of deferred financing costs 1,373 1,500
Financing cost, directly associated with asset held for sale 31 17
Deferred financing costs non-current 3,617 3,057
Total deferred financing costs 5,021 4,574
Less:  Total deferred financing costs 5,021 4,574
Total debt, net of deferred financing costs 413,751 611,650
Less:  Current portion of long-term debt, net of current portion of deferred financing costs 34,394 75,784
Less: Liability directly associated with asset held for sale net of deferred financing cost 8,046 3,983
Long-term debt, net of deferred financing costs, non-current 371,311 531,883
November 2018    
Debt Instrument [Line Items]    
Total 9,750 22,250
December 2019    
Debt Instrument [Line Items]    
Total 0 29,000
November 2014    
Debt Instrument [Line Items]    
Total 0 79,758
April 2019    
Debt Instrument [Line Items]    
Total 0 8,000
September 2021    
Debt Instrument [Line Items]    
Total 30,000 0
Maxeikosiepta    
Debt Instrument [Line Items]    
Total 0 4,000
Maxtessera | November 2018    
Debt Instrument [Line Items]    
Total 0 22,000
Maxtessera | April 2021    
Debt Instrument [Line Items]    
Total 28,933 0
Avstes    
Debt Instrument [Line Items]    
Total 0 5,985
Maxeikosi    
Debt Instrument [Line Items]    
Total 0 10,893
Maxeikosiexi    
Debt Instrument [Line Items]    
Total 0 4,432
Marathassa    
Debt Instrument [Line Items]    
Total 0 4,820
Marinouki    
Debt Instrument [Line Items]    
Total 0 7,263
Kerasies    
Debt Instrument [Line Items]    
Total 0 5,097
Soffive    
Debt Instrument [Line Items]    
Total 0 7,853
Eptaprohi    
Debt Instrument [Line Items]    
Total 0 37,053
Petra    
Debt Instrument [Line Items]    
Total 0 6,135
Pemer    
Debt Instrument [Line Items]    
Total 0 6,135
Shikokuepta | February 2016    
Debt Instrument [Line Items]    
Total 0 17,150
Shikokuepta | August 2021    
Debt Instrument [Line Items]    
Total 23,667 0
Maxeikosiena    
Debt Instrument [Line Items]    
Total 0 18,058
Shikokupente, Shikokuennia, Penner, Petra    
Debt Instrument [Line Items]    
Total 870 8,510
Shikokupente    
Debt Instrument [Line Items]    
Total 10,210 12,927
Shikokuennia    
Debt Instrument [Line Items]    
Total 8,668 14,385
Maxeikositria    
Debt Instrument [Line Items]    
Total 8,077 10,893
Maxpente    
Debt Instrument [Line Items]    
Total 11,450 16,100
Maxeikositessera    
Debt Instrument [Line Items]    
Total 8,134 11,310
Maxenteka    
Debt Instrument [Line Items]    
Total 10,294 13,536
Pelea, Vasstwo, Eniaprohi, Vassone    
Debt Instrument [Line Items]    
Total 31,250 43,250
Maxdeka    
Debt Instrument [Line Items]    
Total 17,572 19,076
Shikoku Friendship    
Debt Instrument [Line Items]    
Total 18,484 20,066
Shikokutessera    
Debt Instrument [Line Items]    
Total 17,990 19,502
Glovertwo    
Debt Instrument [Line Items]    
Total 16,900 18,344
Pentakomo    
Debt Instrument [Line Items]    
Total 13,000 14,500
Maxdekatria    
Debt Instrument [Line Items]    
Total 13,000 14,500
Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra | June 2021    
Debt Instrument [Line Items]    
Total 29,137 0
Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra | June 2021, 2    
Debt Instrument [Line Items]    
Total 10,000 0
Youngtwo    
Debt Instrument [Line Items]    
Total 20,491 21,203
Monagrouli    
Debt Instrument [Line Items]    
Total 24,200 25,520
Shikokuokto    
Debt Instrument [Line Items]    
Total 16,500 18,000
Gloversix    
Debt Instrument [Line Items]    
Total 17,160 18,720
Pinewood    
Debt Instrument [Line Items]    
Total $ 23,035 $ 0
XML 50 R43.htm IDEA: XBRL DOCUMENT v3.21.2
Long Term Debt - Additional Information (Details)
 1 Months Ended 9 Months Ended
Aug. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
vessel
Sep. 30, 2021
USD ($)
vessel
Sep. 30, 2020
USD ($)
Debt Instrument [Line Items]        
Repayment of long-term debt, amount prepaid     $ 282,408,000  
Repayment of long-term debt, principle payments     43,844,000  
Proceeds from long-term debt     $ 128,800,000 $ 78,400,000
Number of vessels provided as collateral, credit facility | vessel     6  
Number of vessels debt free | vessel     1  
Fair value of debt outstanding     $ 421,867,000  
Borrowing capacity outstanding     88,900,000  
Shikokuepta        
Debt Instrument [Line Items]        
Line of credit facility $ 24,000,000      
Sale and leaseback, lease term 10 years      
Sale and leaseback, purchase obligation, period 10 years      
Sale and leaseback, repurchase period 3 years      
Line of credit        
Debt Instrument [Line Items]        
Proceeds from long-term debt   $ 64,300,000    
Line of credit facility   $ 70,000,000 $ 60,000,000  
Long-term debt, tenor   5 years 5 years  
Number of vessels provided as collateral, credit facility | vessel     5  
Number of vessels debt free | vessel   1    
Line of credit | Secured debt        
Debt Instrument [Line Items]        
Line of credit facility   $ 30,000,000 $ 30,000,000  
Long-term debt, tenor     5 years  
Line of credit | Revolving credit facility        
Debt Instrument [Line Items]        
Line of credit facility   $ 40,000,000 $ 30,000,000  
XML 51 R44.htm IDEA: XBRL DOCUMENT v3.21.2
Long Term Debt - Annual Principal Payments (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Debt Disclosure [Abstract]    
2022 $ 43,843  
2023 51,893  
2024 86,592  
2025 98,095  
2026 55,982  
2027 and thereafter 82,367  
Total $ 418,772 $ 616,224
XML 52 R45.htm IDEA: XBRL DOCUMENT v3.21.2
Share Capital (Details) - USD ($)
$ / shares in Units, $ in Millions
 1 Months Ended 5 Months Ended
May 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Subsidiary, Sale of Stock [Line Items]      
Ordinary shares authorized (in shares)   200,000,000 200,000,000
Ordinary shares par value (in USD per share)   $ 0.001 $ 0.001
Common stock, shares issued (in shares)   121,634,602 102,174,594
Common stock, shares outstanding (in shares)   121,634,602 102,174,594
Common Stock | 2020 August ATM Program      
Subsidiary, Sale of Stock [Line Items]      
Stock sale program, gross offering proceeds of shares authorized to be sold $ 100.0    
Number of shares issued in transaction (in shares)   19,417,280  
Consideration received on sale of stock   $ 73.0  
Remaining consideration available on sale of stock   $ 27.0  
XML 53 R46.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies - Schedule of Capital Expenditure Commitments (Details)
$ in Thousands
Sep. 30, 2021
USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]  
2022 $ 83,989
2023 82,488
2024 97,735
Total 264,212
Due to Shipyards/Sellers  
Unrecorded Unconditional Purchase Obligation [Line Items]  
2022 81,307
2023 79,600
2024 95,320
Total 256,227
Due to Manager  
Unrecorded Unconditional Purchase Obligation [Line Items]  
2022 1,922
2023 2,888
2024 2,415
Total 7,225
Other Commitments  
Unrecorded Unconditional Purchase Obligation [Line Items]  
2022 760
2023 0
2024 0
Total $ 760
XML 54 R47.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies - Additional Information (Details)
$ in Thousands
Sep. 30, 2021
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
Maximum covered by insurance $ 1,000,000
XML 55 R48.htm IDEA: XBRL DOCUMENT v3.21.2
Revenues - Revenues (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Revenues [Abstract]    
Time charter revenue $ 235,129 $ 146,499
Voyage charter revenue 5,156 1,692
Other income 6,747 3,441
Total $ 247,032 $ 151,632
XML 56 R49.htm IDEA: XBRL DOCUMENT v3.21.2
Revenues - Additional Information (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
USD ($)
charter
Sep. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
Disaggregation of Revenue [Line Items]      
Time charter revenue $ 235,129 $ 146,499  
Revenue from premium for use of scrubbers $ 10,071 $ 13,929  
Number of vessels employed under voyage charter | charter 0    
Remaining performance obligation     $ 222
Minimum      
Disaggregation of Revenue [Line Items]      
Charter contract renewal term 1 month    
Charter contract typical term 1 month    
Premium for use of scrubbers, sulfur content 0.50%    
Maximum      
Disaggregation of Revenue [Line Items]      
Charter contract renewal term 12 months    
Charter contract typical term 5 years    
Premium for use of scrubbers, sulfur content 3.50%    
XML 57 R50.htm IDEA: XBRL DOCUMENT v3.21.2
Vessel Operating Expenses - Schedule of Operating Expenses (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating Expenses [Abstract]    
Crew wages and related costs $ 28,004 $ 25,224
Insurance 2,682 2,525
Repairs, maintenance and drydocking costs 5,492 9,315
Spares, stores and provisions 11,728 12,030
Lubricants 2,952 3,130
Taxes 533 479
Miscellaneous 2,076 2,013
Total $ 53,467 $ 54,716
XML 58 R51.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments - Details of Interest Rate Swap Transactions (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.99%  
Interest rate swap, notional amount $ 10,000 $ 10,000
Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.90%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.80%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.65%  
Interest rate swap, notional amount $ 20,000 20,000
Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.60%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.40%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.40%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.38%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.38%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring June 4, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.50%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring June 11, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.45%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring June 15, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.40%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring June 30, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.425%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring July 1, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.38%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring July 9, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.36%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring July 16, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.35%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring July 30, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.33%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring August 3, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.37%  
Interest rate swap, notional amount $ 10,000 10,000
Interest Rate Swap, Expiring December 31, 2025    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.745%  
Interest rate swap, notional amount $ 30,000 0
Interest Rate Swap, Expiring May 10, 2026    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.95%  
Interest rate swap, notional amount $ 50,000 0
Interest Rate Swap, Expiring May 10, 2026, Fixed Rate 0.829%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.829%  
Interest rate swap, notional amount $ 10,000 0
Interest Rate Swap, Expiring May 10, 2026, Fixed Rate 0.770%    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.77%  
Interest rate swap, notional amount $ 20,000 0
Interest Rate Swap    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Interest rate swap, notional amount $ 352,286 244,312
Shikokupente | Interest Rate Swap, Expiring August 1, 2023    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.275%  
Interest rate swap, notional amount $ 12,288 12,927
Shikokuennia | Interest Rate Swap, Expiring October 20, 2023    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.35%  
Interest rate swap, notional amount $ 12,998 14,385
Maxpente | Interest Rate Swap, Expiring August 27, 2024    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.322%  
Interest rate swap, notional amount $ 10,150 10,150
Maxenteka | Interest Rate Swap, Expiring August 27, 2024    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.322%  
Interest rate swap, notional amount $ 9,500 9,500
Maxeikositessera | Interest Rate Swap, Expiring August 27, 2024    
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]    
Fixed interest rate 0.322%  
Interest rate swap, notional amount $ 7,350 $ 7,350
XML 59 R52.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments - Additional Information (Details)
 1 Months Ended 9 Months Ended
Feb. 28, 2021
tonne
Sep. 30, 2021
derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Bunker fuel, annual tonnes 12,000  
Bunker fuel, monthly tonnes 1,000  
Forward Freight Agreements    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Number of derivative contracts | derivative   6
Derivative, term   90 days
Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Bunker fuel, sulphur content 0.50%  
Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Bunker fuel, sulphur content 3.50%  
XML 60 R53.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments - Derivatives Not Designated as Hedging Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Derivative [Line Items]    
Derivative assets / Current assets $ 0 $ 99
Derivative assets / Non-current assets 2,771 54
Derivative liabilities / Current liabilities 362 582
Derivative liabilities / Non-current liabilities 295 1,396
Not designated as hedging instrument    
Derivative [Line Items]    
Total derivative assets 2,771 153
Total derivative liabilities 657 1,978
Not designated as hedging instrument | Foreign Exchange Agreements    
Derivative [Line Items]    
Derivative assets / Current assets 0 99
Not designated as hedging instrument | Interest Rate Contracts    
Derivative [Line Items]    
Derivative assets / Non-current assets 2,771 54
Derivative liabilities / Non-current liabilities 235 1,280
Not designated as hedging instrument | Bunker Fuel Contracts    
Derivative [Line Items]    
Derivative liabilities / Current liabilities 290 408
Derivative liabilities / Non-current liabilities 60 116
Not designated as hedging instrument | Forward Freight Agreements    
Derivative [Line Items]    
Derivative liabilities / Current liabilities $ 72 $ 174
XML 61 R54.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments - Amount of Gain / (Loss) Recognized on Derivatives (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net Loss Recognized $ (1,977) $ (1,009)
Interest Rate Contracts | Other expense income on derivatives    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net Loss Recognized 2,935 (1,619)
Bunker Fuel Contracts | Other expense income on derivatives    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net Loss Recognized (529) 675
Foreign Exchange Agreements | Other expense income on derivatives    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net Loss Recognized (99) 0
Forward Freight Agreements | Other expense income on derivatives    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net Loss Recognized $ (4,284) $ (65)
XML 62 R55.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments and Derivatives Instruments - Valuation of Company's Financial Instruments (Details) - Fair Value, Inputs, Level 2 - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative instruments – asset position $ 2,771 $ 153
Derivative instruments – liability position $ 657 $ 1,978
XML 63 R56.htm IDEA: XBRL DOCUMENT v3.21.2
Dividends (Details)
$ / shares in Units, $ in Thousands
 9 Months Ended
Sep. 30, 2021
USD ($)
dividend
$ / shares
Series C Preferred Stock  
Class of Stock [Line Items]  
Number of dividends declared 3
Number of quarters, dividend payments 3
Preferred stock dividends, cash paid quarterly (in USD per share) | $ / shares $ 0.50
Payments of ordinary dividends, preferred stock and preference stock | $ $ 3,446
Series D Preferred Stock  
Class of Stock [Line Items]  
Number of dividends declared 3
Number of quarters, dividend payments 3
Preferred stock dividends, cash paid quarterly (in USD per share) | $ / shares $ 0.50
Payments of ordinary dividends, preferred stock and preference stock | $ $ 4,793
Pinewood | Series A Preferred Stock  
Class of Stock [Line Items]  
Number of dividends declared 1
Number of quarters, dividend payments 1
Payments of ordinary dividends, preferred stock and preference stock | $ $ 78
XML 64 R57.htm IDEA: XBRL DOCUMENT v3.21.2
(Loss)/Earnings Per Share - Schedule of Computation of (Loss)/Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Earnings Per Share, Basic and Diluted [Abstract]    
Net (loss)/income $ 109,143 $ (20,519)
Less preferred dividend 8,318 8,622
Less/(plus) mezzanine equity measurement (271) 495
Net (loss)/income available to common shareholders, basic 101,096 (29,636)
Net (loss)/income available to common shareholders, diluted $ 101,096 $ (29,636)
Weighted average number of shares, basic (in shares) 111,044,439 102,762,932
Weighted average number of shares, diluted (in shares) 111,044,439 102,762,932
(Loss)/earnings per share in U.S. Dollars, basic (in USD per share) $ 0.91 $ (0.29)
(Loss)/earnings per share in U.S. Dollars, diluted (in USD per share) $ 0.91 $ (0.29)
XML 65 R58.htm IDEA: XBRL DOCUMENT v3.21.2
Subsequent Events (Details)
 1 Months Ended 9 Months Ended
Oct. 31, 2021
USD ($)
vessel
Jun. 30, 2021
USD ($)
vessel
Sep. 30, 2021
USD ($)
vessel
Sep. 30, 2020
USD ($)
Oct. 08, 2021
USD ($)
$ / shares
Dividend declaration          
Number of vessels provided as collateral | vessel     23    
Proceeds from long-term debt     $ 128,800,000 $ 78,400,000  
Line of credit          
Dividend declaration          
Line of credit facility   $ 70,000,000 $ 60,000,000    
Long-term debt, tenor   5 years 5 years    
Number of vessels provided as collateral | vessel   7      
Proceeds from long-term debt   $ 64,300,000      
Line of credit | Secured debt          
Dividend declaration          
Line of credit facility   $ 30,000,000 $ 30,000,000    
Long-term debt, tenor     5 years    
Forward Freight Agreements          
Dividend declaration          
Derivative, term     90 days    
Subsequent event | Line of credit          
Dividend declaration          
Line of credit facility $ 100,000,000        
Long-term debt, tenor 5 years        
Number of vessels provided as collateral | vessel 6        
Number of vessel repurchased under the sale and leaseback agreement | vessel 1        
Repurchase amount under the sale and leaseback agreement $ 20,700,000        
Subsequent event | Line of credit | Secured debt          
Dividend declaration          
Line of credit facility $ 50,000,000        
Number of vessels provided as collateral | vessel 5        
Proceeds from long-term debt $ 50,000,000        
Subsequent event | Line of credit | Long-term Debt          
Dividend declaration          
Line of credit facility $ 50,000,000        
Subsequent event | Forward Freight Agreements          
Dividend declaration          
Derivative, term 720 days        
Subsequent event | Cumulative Preferred Stock          
Dividend declaration          
Dividends payable (in USD per share) | $ / shares         $ 0.50
Dividends payable         $ 2,746,000
EXCEL 66 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�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�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end XML 67 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 68 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 69 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.2 html 243 340 1 false 109 0 false 12 false false R1.htm 0001001 - Document - Cover Page Sheet http://www.safebulkers.com/role/CoverPage Cover Page Cover 1 false false R2.htm 1001002 - Statement - Unaudited Interim Condensed Consolidated Balance Sheets Sheet http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets Unaudited Interim Condensed Consolidated Balance Sheets Statements 2 false false R3.htm 1002003 - Statement - Unaudited Interim Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical Unaudited Interim Condensed Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1003004 - Statement - Unaudited Interim Condensed Consolidated Statements of Operations Sheet http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations Unaudited Interim Condensed Consolidated Statements of Operations Statements 4 false false R5.htm 1004005 - Statement - Unaudited Interim Condensed Consolidated Statements of Shareholders' Equity Sheet http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity Unaudited Interim Condensed Consolidated Statements of Shareholders' Equity Statements 5 false false R6.htm 1005006 - Statement - Unaudited Interim Condensed Consolidated Statements of Cash Flows Sheet http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows Unaudited Interim Condensed Consolidated Statements of Cash Flows Statements 6 false false R7.htm 2101101 - Disclosure - Basis of Presentation and General Information Sheet http://www.safebulkers.com/role/BasisofPresentationandGeneralInformation Basis of Presentation and General Information Notes 7 false false R8.htm 2105102 - Disclosure - Significant Accounting Policies Sheet http://www.safebulkers.com/role/SignificantAccountingPolicies Significant Accounting Policies Notes 8 false false R9.htm 2107103 - Disclosure - Transactions with Related Parties Sheet http://www.safebulkers.com/role/TransactionswithRelatedParties Transactions with Related Parties Notes 9 false false R10.htm 2112104 - Disclosure - Vessels, Net Sheet http://www.safebulkers.com/role/VesselsNet Vessels, Net Notes 10 false false R11.htm 2116105 - Disclosure - Advances for Vessels Sheet http://www.safebulkers.com/role/AdvancesforVessels Advances for Vessels Notes 11 false false R12.htm 2119106 - Disclosure - Assets Held for Sale Sheet http://www.safebulkers.com/role/AssetsHeldforSale Assets Held for Sale Notes 12 false false R13.htm 2121107 - Disclosure - Long Term Debt Sheet http://www.safebulkers.com/role/LongTermDebt Long Term Debt Notes 13 false false R14.htm 2126108 - Disclosure - Share Capital Sheet http://www.safebulkers.com/role/ShareCapital Share Capital Notes 14 false false R15.htm 2128109 - Disclosure - Commitments and Contingencies Sheet http://www.safebulkers.com/role/CommitmentsandContingencies Commitments and Contingencies Notes 15 false false R16.htm 2132110 - Disclosure - Revenues Sheet http://www.safebulkers.com/role/Revenues Revenues Notes 16 false false R17.htm 2136111 - Disclosure - Vessel Operating Expenses Sheet http://www.safebulkers.com/role/VesselOperatingExpenses Vessel Operating Expenses Notes 17 false false R18.htm 2139112 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstruments Fair Value of Financial Instruments and Derivatives Instruments Notes 18 false false R19.htm 2146113 - Disclosure - Dividends Sheet http://www.safebulkers.com/role/Dividends Dividends Notes 19 false false R20.htm 2148114 - Disclosure - (Loss)/Earnings Per Share Sheet http://www.safebulkers.com/role/LossEarningsPerShare (Loss)/Earnings Per Share Notes 20 false false R21.htm 2151115 - Disclosure - Subsequent Events Sheet http://www.safebulkers.com/role/SubsequentEvents Subsequent Events Notes 21 false false R22.htm 2206201 - Disclosure - Significant Accounting Policies (Policies) Sheet http://www.safebulkers.com/role/SignificantAccountingPoliciesPolicies Significant Accounting Policies (Policies) Policies http://www.safebulkers.com/role/SignificantAccountingPolicies 22 false false R23.htm 2302301 - Disclosure - Basis of Presentation and General Information (Tables) Sheet http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationTables Basis of Presentation and General Information (Tables) Tables http://www.safebulkers.com/role/BasisofPresentationandGeneralInformation 23 false false R24.htm 2308302 - Disclosure - Transactions with Related Parties (Tables) Sheet http://www.safebulkers.com/role/TransactionswithRelatedPartiesTables Transactions with Related Parties (Tables) Tables http://www.safebulkers.com/role/TransactionswithRelatedParties 24 false false R25.htm 2313303 - Disclosure - Vessels, Net (Tables) Sheet http://www.safebulkers.com/role/VesselsNetTables Vessels, Net (Tables) Tables http://www.safebulkers.com/role/VesselsNet 25 false false R26.htm 2317304 - Disclosure - Advances for Vessels (Tables) Sheet http://www.safebulkers.com/role/AdvancesforVesselsTables Advances for Vessels (Tables) Tables http://www.safebulkers.com/role/AdvancesforVessels 26 false false R27.htm 2322305 - Disclosure - Long Term Debt (Tables) Sheet http://www.safebulkers.com/role/LongTermDebtTables Long Term Debt (Tables) Tables http://www.safebulkers.com/role/LongTermDebt 27 false false R28.htm 2329306 - Disclosure - Commitments and Contingencies (Tables) Sheet http://www.safebulkers.com/role/CommitmentsandContingenciesTables Commitments and Contingencies (Tables) Tables http://www.safebulkers.com/role/CommitmentsandContingencies 28 false false R29.htm 2333307 - Disclosure - Revenues (Tables) Sheet http://www.safebulkers.com/role/RevenuesTables Revenues (Tables) Tables http://www.safebulkers.com/role/Revenues 29 false false R30.htm 2337308 - Disclosure - Vessel Operating Expenses (Tables) Sheet http://www.safebulkers.com/role/VesselOperatingExpensesTables Vessel Operating Expenses (Tables) Tables http://www.safebulkers.com/role/VesselOperatingExpenses 30 false false R31.htm 2340309 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments (Tables) Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsTables Fair Value of Financial Instruments and Derivatives Instruments (Tables) Tables http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstruments 31 false false R32.htm 2349310 - Disclosure - (Loss)/Earnings Per Share (Tables) Sheet http://www.safebulkers.com/role/LossEarningsPerShareTables (Loss)/Earnings Per Share (Tables) Tables http://www.safebulkers.com/role/LossEarningsPerShare 32 false false R33.htm 2403401 - Disclosure - Basis of Presentation and General Information - Additional Information (Details) Sheet http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationAdditionalInformationDetails Basis of Presentation and General Information - Additional Information (Details) Details 33 false false R34.htm 2404402 - Disclosure - Basis of Presentation and General Information - Schedule of Subsidiaries (Details) Sheet http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails Basis of Presentation and General Information - Schedule of Subsidiaries (Details) Details 34 false false R35.htm 2409403 - Disclosure - Transactions with Related Parties - The Managers (Details) Sheet http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails Transactions with Related Parties - The Managers (Details) Details 35 false false R36.htm 2410404 - Disclosure - Transactions with Related Parties - Schedule of Fees Charged by Managers (Details) Sheet http://www.safebulkers.com/role/TransactionswithRelatedPartiesScheduleofFeesChargedbyManagersDetails Transactions with Related Parties - Schedule of Fees Charged by Managers (Details) Details 36 false false R37.htm 2411405 - Disclosure - Transactions with Related Parties - Credit Facility (Details) Sheet http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails Transactions with Related Parties - Credit Facility (Details) Details 37 false false R38.htm 2414406 - Disclosure - Vessels, Net - Schedule of Vessels (Details) Sheet http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails Vessels, Net - Schedule of Vessels (Details) Details 38 false false R39.htm 2415407 - Disclosure - Vessels, Net - Additional Information (Details) Sheet http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails Vessels, Net - Additional Information (Details) Details 39 false false R40.htm 2418408 - Disclosure - Advances for Vessels - Schedule of Advances for Vessel Acquisition and Vessels under Construction (Details) Sheet http://www.safebulkers.com/role/AdvancesforVesselsScheduleofAdvancesforVesselAcquisitionandVesselsunderConstructionDetails Advances for Vessels - Schedule of Advances for Vessel Acquisition and Vessels under Construction (Details) Details 40 false false R41.htm 2420409 - Disclosure - Assets Held for Sale (Details) Sheet http://www.safebulkers.com/role/AssetsHeldforSaleDetails Assets Held for Sale (Details) Details http://www.safebulkers.com/role/AssetsHeldforSale 41 false false R42.htm 2423410 - Disclosure - Long Term Debt - Schedule of Debt (Details) Sheet http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails Long Term Debt - Schedule of Debt (Details) Details 42 false false R43.htm 2424411 - Disclosure - Long Term Debt - Additional Information (Details) Sheet http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails Long Term Debt - Additional Information (Details) Details 43 false false R44.htm 2425412 - Disclosure - Long Term Debt - Annual Principal Payments (Details) Sheet http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails Long Term Debt - Annual Principal Payments (Details) Details 44 false false R45.htm 2427413 - Disclosure - Share Capital (Details) Sheet http://www.safebulkers.com/role/ShareCapitalDetails Share Capital (Details) Details http://www.safebulkers.com/role/ShareCapital 45 false false R46.htm 2430414 - Disclosure - Commitments and Contingencies - Schedule of Capital Expenditure Commitments (Details) Sheet http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails Commitments and Contingencies - Schedule of Capital Expenditure Commitments (Details) Details 46 false false R47.htm 2431415 - Disclosure - Commitments and Contingencies - Additional Information (Details) Sheet http://www.safebulkers.com/role/CommitmentsandContingenciesAdditionalInformationDetails Commitments and Contingencies - Additional Information (Details) Details 47 false false R48.htm 2434416 - Disclosure - Revenues - Revenues (Details) Sheet http://www.safebulkers.com/role/RevenuesRevenuesDetails Revenues - Revenues (Details) Details 48 false false R49.htm 2435417 - Disclosure - Revenues - Additional Information (Details) Sheet http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails Revenues - Additional Information (Details) Details 49 false false R50.htm 2438418 - Disclosure - Vessel Operating Expenses - Schedule of Operating Expenses (Details) Sheet http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails Vessel Operating Expenses - Schedule of Operating Expenses (Details) Details 50 false false R51.htm 2441419 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Details of Interest Rate Swap Transactions (Details) Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails Fair Value of Financial Instruments and Derivatives Instruments - Details of Interest Rate Swap Transactions (Details) Details 51 false false R52.htm 2442420 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Additional Information (Details) Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails Fair Value of Financial Instruments and Derivatives Instruments - Additional Information (Details) Details 52 false false R53.htm 2443421 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Derivatives Not Designated as Hedging Instruments (Details) Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails Fair Value of Financial Instruments and Derivatives Instruments - Derivatives Not Designated as Hedging Instruments (Details) Details 53 false false R54.htm 2444422 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Amount of Gain / (Loss) Recognized on Derivatives (Details) Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails Fair Value of Financial Instruments and Derivatives Instruments - Amount of Gain / (Loss) Recognized on Derivatives (Details) Details 54 false false R55.htm 2445423 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Valuation of Company's Financial Instruments (Details) Sheet http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails Fair Value of Financial Instruments and Derivatives Instruments - Valuation of Company's Financial Instruments (Details) Details 55 false false R56.htm 2447424 - Disclosure - Dividends (Details) Sheet http://www.safebulkers.com/role/DividendsDetails Dividends (Details) Details http://www.safebulkers.com/role/Dividends 56 false false R57.htm 2450425 - Disclosure - (Loss)/Earnings Per Share - Schedule of Computation of (Loss)/Earnings Per Share (Details) Sheet http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails (Loss)/Earnings Per Share - Schedule of Computation of (Loss)/Earnings Per Share (Details) Details 57 false false R58.htm 2452426 - Disclosure - Subsequent Events (Details) Sheet http://www.safebulkers.com/role/SubsequentEventsDetails Subsequent Events (Details) Details http://www.safebulkers.com/role/SubsequentEvents 58 false false All Reports Book All Reports sb-20210930.htm sb-20210930.xsd sb-20210930_cal.xml sb-20210930_def.xml sb-20210930_lab.xml sb-20210930_pre.xml http://fasb.org/us-gaap/2021-01-31 http://xbrl.sec.gov/dei/2021 http://fasb.org/srt/2021-01-31 true true JSON 72 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "sb-20210930.htm": { "axisCustom": 0, "axisStandard": 17, "contextCount": 243, "dts": { "calculationLink": { "local": [ "sb-20210930_cal.xml" ] }, "definitionLink": { "local": [ "sb-20210930_def.xml" ] }, "inline": { "local": [ "sb-20210930.htm" ] }, "labelLink": { "local": [ "sb-20210930_lab.xml" ] }, "presentationLink": { "local": [ "sb-20210930_pre.xml" ] }, "schema": { "local": [ "sb-20210930.xsd" ], "remote": [ "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd", "https://xbrl.sec.gov/dei/2021/dei-2021.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd" ] } }, "elementCount": 463, "entityCount": 1, "hidden": { "http://www.safebulkers.com/20210930": 2, "http://xbrl.sec.gov/dei/2021": 4, "total": 6 }, "keyCustom": 72, "keyStandard": 268, "memberCustom": 78, "memberStandard": 23, "nsprefix": "sb", "nsuri": "http://www.safebulkers.com/20210930", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001001 - Document - Cover Page", "role": "http://www.safebulkers.com/role/CoverPage", "shortName": "Cover Page", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2112104 - Disclosure - Vessels, Net", "role": "http://www.safebulkers.com/role/VesselsNet", "shortName": "Vessels, Net", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R11": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:AdvancesForAssetsAcquisitionsAndAssetsUnderConstructionTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2116105 - Disclosure - Advances for Vessels", "role": "http://www.safebulkers.com/role/AdvancesforVessels", "shortName": "Advances for Vessels", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:AdvancesForAssetsAcquisitionsAndAssetsUnderConstructionTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2119106 - Disclosure - Assets Held for Sale", "role": "http://www.safebulkers.com/role/AssetsHeldforSale", "shortName": "Assets Held for Sale", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R13": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2121107 - Disclosure - Long Term Debt", "role": "http://www.safebulkers.com/role/LongTermDebt", "shortName": "Long Term Debt", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2126108 - Disclosure - Share Capital", "role": "http://www.safebulkers.com/role/ShareCapital", "shortName": "Share Capital", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2128109 - Disclosure - Commitments and Contingencies", "role": "http://www.safebulkers.com/role/CommitmentsandContingencies", "shortName": "Commitments and Contingencies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:TimeCharterAndVoyageRevenueTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2132110 - Disclosure - Revenues", "role": "http://www.safebulkers.com/role/Revenues", "shortName": "Revenues", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:TimeCharterAndVoyageRevenueTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:VesselOperatingExpensesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2136111 - Disclosure - Vessel Operating Expenses", "role": "http://www.safebulkers.com/role/VesselOperatingExpenses", "shortName": "Vessel Operating Expenses", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:VesselOperatingExpensesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativesAndFairValueTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2139112 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstruments", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativesAndFairValueTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:DividendsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2146113 - Disclosure - Dividends", "role": "http://www.safebulkers.com/role/Dividends", "shortName": "Dividends", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:DividendsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CashAndCashEquivalentsAtCarryingValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1001002 - Statement - Unaudited Interim Condensed Consolidated Balance Sheets", "role": "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets", "shortName": "Unaudited Interim Condensed Consolidated Balance Sheets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "lang": "en-US", "name": "us-gaap:DepositsAssetsCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2148114 - Disclosure - (Loss)/Earnings Per Share", "role": "http://www.safebulkers.com/role/LossEarningsPerShare", "shortName": "(Loss)/Earnings Per Share", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2151115 - Disclosure - Subsequent Events", "role": "http://www.safebulkers.com/role/SubsequentEvents", "shortName": "Subsequent Events", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R22": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2206201 - Disclosure - Significant Accounting Policies (Policies)", "role": "http://www.safebulkers.com/role/SignificantAccountingPoliciesPolicies", "shortName": "Significant Accounting Policies (Policies)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:ScheduleOfSubsidiariesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2302301 - Disclosure - Basis of Presentation and General Information (Tables)", "role": "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationTables", "shortName": "Basis of Presentation and General Information (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:ScheduleOfSubsidiariesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R24": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2308302 - Disclosure - Transactions with Related Parties (Tables)", "role": "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTables", "shortName": "Transactions with Related Parties (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R25": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:ScheduleOfVesselsNetTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2313303 - Disclosure - Vessels, Net (Tables)", "role": "http://www.safebulkers.com/role/VesselsNetTables", "shortName": "Vessels, Net (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:ScheduleOfVesselsNetTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:AdvancesForVesselAcquisitionsAndVesselsUnderConstructionTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2317304 - Disclosure - Advances for Vessels (Tables)", "role": "http://www.safebulkers.com/role/AdvancesforVesselsTables", "shortName": "Advances for Vessels (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:AdvancesForVesselAcquisitionsAndVesselsUnderConstructionTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2322305 - Disclosure - Long Term Debt (Tables)", "role": "http://www.safebulkers.com/role/LongTermDebtTables", "shortName": "Long Term Debt (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:CommitmentsUnderShipbuildingContractsAndMemorandumsOfAgreementTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2329306 - Disclosure - Commitments and Contingencies (Tables)", "role": "http://www.safebulkers.com/role/CommitmentsandContingenciesTables", "shortName": "Commitments and Contingencies (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:CommitmentsUnderShipbuildingContractsAndMemorandumsOfAgreementTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2333307 - Disclosure - Revenues (Tables)", "role": "http://www.safebulkers.com/role/RevenuesTables", "shortName": "Revenues (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R3": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:CommonStockParOrStatedValuePerShare", "reportCount": 1, "unitRef": "usdPerShare", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1002003 - Statement - Unaudited Interim Condensed Consolidated Balance Sheets (Parenthetical)", "role": "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical", "shortName": "Unaudited Interim Condensed Consolidated Balance Sheets (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "us-gaap:PreferredStockParOrStatedValuePerShare", "span", "div", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "lang": "en-US", "name": "us-gaap:PreferredStockParOrStatedValuePerShare", "reportCount": 1, "unique": true, "unitRef": "usdPerShare", "xsiNil": "false" } }, "R30": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:VesselOperatingExpensesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2337308 - Disclosure - Vessel Operating Expenses (Tables)", "role": "http://www.safebulkers.com/role/VesselOperatingExpensesTables", "shortName": "Vessel Operating Expenses (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "sb:VesselOperatingExpensesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R31": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfInterestRateDerivativesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2340309 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments (Tables)", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsTables", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfInterestRateDerivativesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R32": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2349310 - Disclosure - (Loss)/Earnings Per Share (Tables)", "role": "http://www.safebulkers.com/role/LossEarningsPerShareTables", "shortName": "(Loss)/Earnings Per Share (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R33": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfSubsidiaries", "reportCount": 1, "unique": true, "unitRef": "subsidiary", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2403401 - Disclosure - Basis of Presentation and General Information - Additional Information (Details)", "role": "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationAdditionalInformationDetails", "shortName": "Basis of Presentation and General Information - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfSubsidiaries", "reportCount": 1, "unique": true, "unitRef": "subsidiary", "xsiNil": "false" } }, "R34": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i95fb277922564d5d8314cc3837980feb_I20180630", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:CumulativeRedeemablePerpetualPreferredEquity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2404402 - Disclosure - Basis of Presentation and General Information - Schedule of Subsidiaries (Details)", "role": "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "shortName": "Basis of Presentation and General Information - Schedule of Subsidiaries (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i95fb277922564d5d8314cc3837980feb_I20180630", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:CumulativeRedeemablePerpetualPreferredEquity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R35": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "id8e2a5db6aba4e02bf2be94411512e6a_D20210529-20210529", "decimals": null, "first": true, "lang": "en-US", "name": "sb:ManagementAgreementTerm", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2409403 - Disclosure - Transactions with Related Parties - The Managers (Details)", "role": "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails", "shortName": "Transactions with Related Parties - The Managers (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "id8e2a5db6aba4e02bf2be94411512e6a_D20210529-20210529", "decimals": null, "first": true, "lang": "en-US", "name": "sb:ManagementAgreementTerm", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R36": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2410404 - Disclosure - Transactions with Related Parties - Schedule of Fees Charged by Managers (Details)", "role": "http://www.safebulkers.com/role/TransactionswithRelatedPartiesScheduleofFeesChargedbyManagersDetails", "shortName": "Transactions with Related Parties - Schedule of Fees Charged by Managers (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "lang": "en-US", "name": "sb:SupervisionFeesExpense", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R37": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfVesselsAsCollateralForDebt", "reportCount": 1, "unitRef": "vessel", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411405 - Disclosure - Transactions with Related Parties - Credit Facility (Details)", "role": "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails", "shortName": "Transactions with Related Parties - Credit Facility (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "ie19f78eaead643f8a39a1496b1add859_I20210630", "decimals": "INF", "lang": "en-US", "name": "sb:NumberOfVesselsFinancedByCreditFacility", "reportCount": 1, "unique": true, "unitRef": "vessel", "xsiNil": "false" } }, "R38": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "sb:ScheduleOfVesselsNetTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i5da77b8c86a84f1983fefaf748c593c7_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2414406 - Disclosure - Vessels, Net - Schedule of Vessels (Details)", "role": "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails", "shortName": "Vessels, Net - Schedule of Vessels (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "sb:ScheduleOfVesselsNetTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i5da77b8c86a84f1983fefaf748c593c7_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R39": { "firstAnchor": { "ancestors": [ "sb:NumberOfImpairedVessels", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfImpairedVessels", "reportCount": 1, "unique": true, "unitRef": "vessel", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2415407 - Disclosure - Vessels, Net - Additional Information (Details)", "role": "http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails", "shortName": "Vessels, Net - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "sb:NumberOfImpairedVessels", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfImpairedVessels", "reportCount": 1, "unique": true, "unitRef": "vessel", "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:TimeCharterAndVoyageRevenue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1003004 - Statement - Unaudited Interim Condensed Consolidated Statements of Operations", "role": "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations", "shortName": "Unaudited Interim Condensed Consolidated Statements of Operations", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "lang": "en-US", "name": "sb:Commissions", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R40": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "sb:AdvancesForVesselAcquisitionsAndVesselsUnderConstructionTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i5da77b8c86a84f1983fefaf748c593c7_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:AdvancesForAssetsAcquisitionAndAssetsUnderConstruction", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2418408 - Disclosure - Advances for Vessels - Schedule of Advances for Vessel Acquisition and Vessels under Construction (Details)", "role": "http://www.safebulkers.com/role/AdvancesforVesselsScheduleofAdvancesforVesselAcquisitionandVesselsunderConstructionDetails", "shortName": "Advances for Vessels - Schedule of Advances for Vessel Acquisition and Vessels under Construction (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "sb:AdvancesForVesselAcquisitionsAndVesselsUnderConstructionTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "lang": "en-US", "name": "sb:AdvancesPaidCapitalizedExpensesAndInterestAndAccruedVesselCost", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R41": { "firstAnchor": { "ancestors": [ "span", "ix:continuation", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2420409 - Disclosure - Assets Held for Sale (Details)", "role": "http://www.safebulkers.com/role/AssetsHeldforSaleDetails", "shortName": "Assets Held for Sale (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "ix:continuation", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "ia710992be57645999a52e177ccd4a803_D20210601-20210930", "decimals": "INF", "lang": "en-US", "name": "sb:NumberOfMemorandaOfAgreementEnteredWithUnrelatedThirdParties", "reportCount": 1, "unique": true, "unitRef": "agreement", "xsiNil": "false" } }, "R42": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebt", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2423410 - Disclosure - Long Term Debt - Schedule of Debt (Details)", "role": "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails", "shortName": "Long Term Debt - Schedule of Debt (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "lang": "en-US", "name": "us-gaap:LongTermDebtCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R43": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:RepaymentOfLongTermDebtPrepaid", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2424411 - Disclosure - Long Term Debt - Additional Information (Details)", "role": "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "shortName": "Long Term Debt - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:RepaymentOfLongTermDebtPrepaid", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R44": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2425412 - Disclosure - Long Term Debt - Annual Principal Payments (Details)", "role": "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails", "shortName": "Long Term Debt - Annual Principal Payments (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R45": { "firstAnchor": { "ancestors": [ "us-gaap:CommonStockSharesAuthorized", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:CommonStockSharesAuthorized", "reportCount": 1, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2427413 - Disclosure - Share Capital (Details)", "role": "http://www.safebulkers.com/role/ShareCapitalDetails", "shortName": "Share Capital (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i1920c42650264da99ad2780080395ad4_D20210501-20210531", "decimals": "-5", "lang": "en-US", "name": "sb:SaleOfStockGrossOfferingProceedsOfSharesAuthorizedToBeSold", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R46": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2430414 - Disclosure - Commitments and Contingencies - Schedule of Capital Expenditure Commitments (Details)", "role": "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails", "shortName": "Commitments and Contingencies - Schedule of Capital Expenditure Commitments (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R47": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:InsuranceMaximumAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2431415 - Disclosure - Commitments and Contingencies - Additional Information (Details)", "role": "http://www.safebulkers.com/role/CommitmentsandContingenciesAdditionalInformationDetails", "shortName": "Commitments and Contingencies - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:InsuranceMaximumAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R48": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:TimeCharterRevenue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2434416 - Disclosure - Revenues - Revenues (Details)", "role": "http://www.safebulkers.com/role/RevenuesRevenuesDetails", "shortName": "Revenues - Revenues (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "lang": "en-US", "name": "sb:VoyageCharterRevenue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R49": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "sb:TimeCharterRevenue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2435417 - Disclosure - Revenues - Additional Information (Details)", "role": "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails", "shortName": "Revenues - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "lang": "en-US", "name": "sb:TimeCharterRevenueFromPremiumForUseOfScrubbers", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R5": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i24e4194ac4234feeb2490338557622e9_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1004005 - Statement - Unaudited Interim Condensed Consolidated Statements of Shareholders' Equity", "role": "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity", "shortName": "Unaudited Interim Condensed Consolidated Statements of Shareholders' Equity", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i24e4194ac4234feeb2490338557622e9_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R50": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "sb:VesselOperatingExpensesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CostDirectLabor", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2438418 - Disclosure - Vessel Operating Expenses - Schedule of Operating Expenses (Details)", "role": "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails", "shortName": "Vessel Operating Expenses - Schedule of Operating Expenses (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "sb:VesselOperatingExpensesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CostDirectLabor", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R51": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i18da5b352a6a479bb412d19a1c6bf5ac_I20210930", "decimals": "5", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeFixedInterestRate", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2441419 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Details of Interest Rate Swap Transactions (Details)", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments - Details of Interest Rate Swap Transactions (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i18da5b352a6a479bb412d19a1c6bf5ac_I20210930", "decimals": "5", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeFixedInterestRate", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R52": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i9de196de817644bc946395726a6e1a0c_D20210201-20210228", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:BunkerFuelAnnualTonnes", "reportCount": 1, "unique": true, "unitRef": "tonne", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2442420 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Additional Information (Details)", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i9de196de817644bc946395726a6e1a0c_D20210201-20210228", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:BunkerFuelAnnualTonnes", "reportCount": 1, "unique": true, "unitRef": "tonne", "xsiNil": "false" } }, "R53": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeAssetsCurrent", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2443421 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Derivatives Not Designated as Hedging Instruments (Details)", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments - Derivatives Not Designated as Hedging Instruments (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i8a4ec89201d14b8f9d872fe1757d6299_I20210930", "decimals": "-3", "lang": "en-US", "name": "us-gaap:DerivativeAssets", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R54": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2444422 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Amount of Gain / (Loss) Recognized on Derivatives (Details)", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments - Amount of Gain / (Loss) Recognized on Derivatives (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R55": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i33c168031d514603ab8b637728b6c141_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeFairValueOfDerivativeAsset", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2445423 - Disclosure - Fair Value of Financial Instruments and Derivatives Instruments - Valuation of Company's Financial Instruments (Details)", "role": "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails", "shortName": "Fair Value of Financial Instruments and Derivatives Instruments - Valuation of Company's Financial Instruments (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i33c168031d514603ab8b637728b6c141_I20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeFairValueOfDerivativeAsset", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R56": { "firstAnchor": { "ancestors": [ "sb:NumberOfQuartersOfDividendPayments", "sb:NumberOfQuartersOfDividendPayments", "sb:NumberOfDividendsDeclared", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "ibd6da6081d20482a8f0ffa38a753522e_D20210101-20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfDividendsDeclared", "reportCount": 1, "unique": true, "unitRef": "dividend", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2447424 - Disclosure - Dividends (Details)", "role": "http://www.safebulkers.com/role/DividendsDetails", "shortName": "Dividends (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "sb:NumberOfQuartersOfDividendPayments", "sb:NumberOfQuartersOfDividendPayments", "sb:NumberOfDividendsDeclared", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "ibd6da6081d20482a8f0ffa38a753522e_D20210101-20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfDividendsDeclared", "reportCount": 1, "unique": true, "unitRef": "dividend", "xsiNil": "false" } }, "R57": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2450425 - Disclosure - (Loss)/Earnings Per Share - Schedule of Computation of (Loss)/Earnings Per Share (Details)", "role": "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "shortName": "(Loss)/Earnings Per Share - Schedule of Computation of (Loss)/Earnings Per Share (Details)", "subGroupType": "details", "uniqueAnchor": null }, "R58": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "i31148d55a0e74982a1a6d7805e1cf90a_I20210930", "decimals": "INF", "first": true, "lang": "en-US", "name": "sb:NumberOfVesselsAsCollateralForDebt", "reportCount": 1, "unitRef": "vessel", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2452426 - Disclosure - Subsequent Events (Details)", "role": "http://www.safebulkers.com/role/SubsequentEventsDetails", "shortName": "Subsequent Events (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if05be0370378470d92a2cb1a309dbebe_I20211031", "decimals": "-5", "lang": "en-US", "name": "us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1005006 - Statement - Unaudited Interim Condensed Consolidated Statements of Cash Flows", "role": "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows", "shortName": "Unaudited Interim Condensed Consolidated Statements of Cash Flows", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": "-3", "lang": "en-US", "name": "us-gaap:UnrealizedGainLossOnDerivatives", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2101101 - Disclosure - Basis of Presentation and General Information", "role": "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformation", "shortName": "Basis of Presentation and General Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R8": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2105102 - Disclosure - Significant Accounting Policies", "role": "http://www.safebulkers.com/role/SignificantAccountingPolicies", "shortName": "Significant Accounting Policies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R9": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2107103 - Disclosure - Transactions with Related Parties", "role": "http://www.safebulkers.com/role/TransactionswithRelatedParties", "shortName": "Transactions with Related Parties", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "sb-20210930.htm", "contextRef": "if3423dba490c4c38954eee08a4f4b4f9_D20210101-20210930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 109, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date", "terseLabel": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three", "terseLabel": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country", "terseLabel": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r424" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.", "label": "Entity [Domain]", "terseLabel": "Entity [Domain]" } } }, "localname": "EntityDomain", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r424" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_LegalEntityAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The set of legal entities associated with a report.", "label": "Legal Entity [Axis]", "terseLabel": "Legal Entity [Axis]" } } }, "localname": "LegalEntityAxis", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "stringItemType" }, "sb_A2020AugustATMProgramMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "2020 August ATM Program", "label": "2020 August ATM Program [Member]", "terseLabel": "2020 August ATM Program" } } }, "localname": "A2020AugustATMProgramMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "domainItemType" }, "sb_AdvancesForAssetsAcquisitionAndAssetsUnderConstruction": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "sb_FixedAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Gross amount, at the balance sheet date, of long-lived assets under construction that include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service and advances and costs paid for assets under acquisition that have not been completed and delivered and not ready to be placed into service as at the balance sheet date.", "label": "Advances For Assets Acquisitions And Assets Under Construction", "periodEndLabel": "Advances for vessels, ending balance", "periodStartLabel": "Advances for vessels, beginning balance", "verboseLabel": "Advances for vessels" } } }, "localname": "AdvancesForAssetsAcquisitionAndAssetsUnderConstruction", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AdvancesforVesselsScheduleofAdvancesforVesselAcquisitionandVesselsunderConstructionDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "sb_AdvancesForAssetsAcquisitionsAndAssetsUnderConstructionAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Advances For Assets Acquisitions And Assets Under Construction [Abstract]", "terseLabel": "Advances For Assets Acquisition And Assets Under Construction" } } }, "localname": "AdvancesForAssetsAcquisitionsAndAssetsUnderConstructionAbstract", "nsuri": "http://www.safebulkers.com/20210930", "xbrltype": "stringItemType" }, "sb_AdvancesForAssetsAcquisitionsAndAssetsUnderConstructionTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This element represents the disclosure for the gross amount of, advances for vessel acquisition and costs and advances paid for assets under construction that are not ready to be placed into service and that have not been completed and delivered including capitalized expenses and interest, asset cancellations and transfers to vessel cost.", "label": "Advances For Assets Acquisitions And Assets Under Construction [Text Block]", "terseLabel": "Advances for Vessels" } } }, "localname": "AdvancesForAssetsAcquisitionsAndAssetsUnderConstructionTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AdvancesforVessels" ], "xbrltype": "textBlockItemType" }, "sb_AdvancesForAssetsAcquisitionsTransfersAndChanges": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Advances For Assets Acquisitions, Transfers And Changes", "label": "Advances For Assets Acquisitions, Transfers And Changes", "negatedLabel": "Transferred to vessel cost" } } }, "localname": "AdvancesForAssetsAcquisitionsTransfersAndChanges", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AdvancesforVesselsScheduleofAdvancesforVesselAcquisitionandVesselsunderConstructionDetails" ], "xbrltype": "monetaryItemType" }, "sb_AdvancesForVesselAcquisitionsAndVesselsUnderConstructionTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the gross amounts of long-lived assets under construction that includes construction costs, advances paid for vessels acquisition and vessels under construction, including capitalized expenses and interest, that have not been completed and delivered and not ready to be placed into service and transfers to vessels cost of vessels acquisitions and vessels under construction that have been completed and delivered and placed into service during the reporting period.", "label": "Advances For Vessel Acquisitions And Vessels Under Construction [Table Text Block]", "terseLabel": "Advances for Vessel Acquisition and Vessels under Construction" } } }, "localname": "AdvancesForVesselAcquisitionsAndVesselsUnderConstructionTableTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AdvancesforVesselsTables" ], "xbrltype": "textBlockItemType" }, "sb_AdvancesPaidCapitalizedExpensesAndInterestAndAccruedVesselCost": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Advances paid for vessels acquisitions, vessels under construction and vessel improvements and comprise payments of instalments that were due to the respective shipyard or third-party sellers, capitalized interest, certain capitalized expenses and expenditures for major improvements and regulatory compliance.", "label": "Advances Paid Capitalized Expenses And Interest And Accrued Vessel Cost", "terseLabel": "Additions for advances, including capitalized expenses and interest" } } }, "localname": "AdvancesPaidCapitalizedExpensesAndInterestAndAccruedVesselCost", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AdvancesforVesselsScheduleofAdvancesforVesselAcquisitionandVesselsunderConstructionDetails" ], "xbrltype": "monetaryItemType" }, "sb_April2019Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "April 2019", "label": "April 2019 [Member]", "terseLabel": "April 2019" } } }, "localname": "April2019Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_April2021Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "April 2021", "label": "April 2021 [Member]", "terseLabel": "April 2021" } } }, "localname": "April2021Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_August2021Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "August 2021", "label": "August 2021 [Member]", "terseLabel": "August 2021" } } }, "localname": "August2021Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_AvstesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Avstes [Member]", "verboseLabel": "Avstes" } } }, "localname": "AvstesMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_BunkerFuelAnnualTonnes": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Bunker Fuel, Annual Tonnes", "label": "Bunker Fuel, Annual Tonnes", "terseLabel": "Bunker fuel, annual tonnes" } } }, "localname": "BunkerFuelAnnualTonnes", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_BunkerFuelContractsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Bunker Fuel Contracts [Member]", "label": "Bunker Fuel Contracts [Member]", "terseLabel": "Bunker Fuel Contracts" } } }, "localname": "BunkerFuelContractsMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "domainItemType" }, "sb_BunkerFuelMonthlyTonnes": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Bunker Fuel, Monthly Tonnes", "label": "Bunker Fuel, Monthly Tonnes", "terseLabel": "Bunker fuel, monthly tonnes" } } }, "localname": "BunkerFuelMonthlyTonnes", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_BunkerFuelSulphurContent": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Bunker Fuel, Sulphur Content", "label": "Bunker Fuel, Sulphur Content", "terseLabel": "Bunker fuel, sulphur content" } } }, "localname": "BunkerFuelSulphurContent", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails" ], "xbrltype": "percentItemType" }, "sb_CommissionFeesExpense": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Commission Fees Expense", "label": "Commission Fees Expense", "terseLabel": "Commissions" } } }, "localname": "CommissionFeesExpense", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesScheduleofFeesChargedbyManagersDetails" ], "xbrltype": "monetaryItemType" }, "sb_Commissions": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 2.0, "parentTag": "sb_NetRevenues", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Commissions (address and brokerage) reflect payments, made to third-party brokers or our charterers, directly related to our revenues from which they are deducted, regardless of charter type, deferred and amortized over the related charter period presented as a separate line item.", "label": "Commissions", "negatedLabel": "Commissions" } } }, "localname": "Commissions", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "sb_CommitmentsUnderShipbuildingContractsAndMemorandumsOfAgreementTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the existing obligations and commitments under shipbuilding contracts and memorandums of agreement for the construction and acquisition of newbuild vessels as well as the settlement schedule of these commitments.", "label": "Commitments Under Shipbuilding Contracts And Memorandums Of Agreement [Table Text Block]", "terseLabel": "Commitments under Shipbuilding Contracts and Memorandums of Agreement" } } }, "localname": "CommitmentsUnderShipbuildingContractsAndMemorandumsOfAgreementTableTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesTables" ], "xbrltype": "textBlockItemType" }, "sb_CostOfLubricants": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 5.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Lubricant costs incurred that are directly related to goods produced and sold and services rendered during the reporting period.", "label": "Cost Of Lubricants", "terseLabel": "Lubricants" } } }, "localname": "CostOfLubricants", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "sb_CostOfPropertyRepairsMaintenanceAndDrydockingCosts": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 3.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate costs of keeping the property in good condition including the repairs, maintenance and drydocking costs.", "label": "Cost Of Property Repairs Maintenance And Drydocking Costs", "terseLabel": "Repairs, maintenance and drydocking costs" } } }, "localname": "CostOfPropertyRepairsMaintenanceAndDrydockingCosts", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "sb_CumulativeRedeemablePerpetualPreferredEquity": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of subscription receivable from investors for cumulative redeemable perpetual preferred equity.", "label": "Cumulative Redeemable Perpetual Preferred Equity", "terseLabel": "Cumulative redeemable perpetual preferred equity" } } }, "localname": "CumulativeRedeemablePerpetualPreferredEquity", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails" ], "xbrltype": "monetaryItemType" }, "sb_DebtIssuanceCostsAssetsHeldForSale": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 1.0, "parentTag": "us-gaap_DeferredFinanceCostsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Debt Issuance Costs, Assets Held For Sale", "label": "Debt Issuance Costs, Assets Held For Sale", "terseLabel": "Financing cost, directly associated with asset held for sale" } } }, "localname": "DebtIssuanceCostsAssetsHeldForSale", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "sb_December2019Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "December 2019", "label": "December 2019 [Member]", "terseLabel": "December 2019" } } }, "localname": "December2019Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_DisposalGroupIncludingDiscontinuedOperationBunkersAndLubricantsOnboardCurrent": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Disposal Group, Including Discontinued Operation, Bunkers And Lubricants Onboard, Current", "label": "Disposal Group, Including Discontinued Operation, Bunkers And Lubricants Onboard, Current", "terseLabel": "Carrying value of bunkers and lubricants onboard" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationBunkersAndLubricantsOnboardCurrent", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "monetaryItemType" }, "sb_DisposalGroupIncludingDiscontinuedOperationLiabilitiesNet": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 3.0, "parentTag": "sb_LongTermDebtNet", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Disposal Group, Including Discontinued Operation, Liabilities, Net", "label": "Disposal Group, Including Discontinued Operation, Liabilities, Net", "terseLabel": "Less: Liability directly associated with asset held for sale net of deferred financing cost" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationLiabilitiesNet", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "sb_DividendsTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is the disclosure for the declaration and payment of dividends.", "label": "Dividends [Text Block]", "terseLabel": "Dividends" } } }, "localname": "DividendsTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/Dividends" ], "xbrltype": "textBlockItemType" }, "sb_DueToManagerMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Due To Manager", "label": "Due To Manager [Member]", "terseLabel": "Due to Manager" } } }, "localname": "DueToManagerMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "domainItemType" }, "sb_DueToShipyardsSellersMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Due To Shipyards Sellers", "label": "Due To Shipyards Sellers [Member]", "terseLabel": "Due to Shipyards/Sellers" } } }, "localname": "DueToShipyardsSellersMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "domainItemType" }, "sb_EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra", "label": "Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra [Member]", "terseLabel": "Eptaprohi, Kerasies, Marathassa, Marinouki, Soffive, Pemer, Petra" } } }, "localname": "EptaprohiKerasiesMarathassaMarinoukiSoffivePemerPetraMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_EptaprohiMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Eptaprohi [Member]", "terseLabel": "Eptaprohi" } } }, "localname": "EptaprohiMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_FairValueFinancialInstrumentsAndDerivativeInstruments": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Fair Value Financial Instruments And Derivative Instruments", "terseLabel": "Fair Value Financial Instruments And Derivative Insturments" } } }, "localname": "FairValueFinancialInstrumentsAndDerivativeInstruments", "nsuri": "http://www.safebulkers.com/20210930", "xbrltype": "stringItemType" }, "sb_February2016Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "February 2016", "label": "February 2016 [Member]", "terseLabel": "February 2016" } } }, "localname": "February2016Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_FixedAssetsNet": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation and gross amount, at the balance sheet date, of long-lived assets under construction that include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service and advances and costs paid for assets under acquisition that have not been completed and delivered and not ready to be placed into service as at the balance sheet date.", "label": "Fixed Assets Net", "totalLabel": "Total fixed assets" } } }, "localname": "FixedAssetsNet", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "sb_ForwardFreightMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Forward Freight", "label": "Forward Freight [Member]", "terseLabel": "Forward Freight Agreements" } } }, "localname": "ForwardFreightMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "sb_GloversixMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Gloversix [Member]", "label": "Gloversix [Member]", "terseLabel": "Gloversix" } } }, "localname": "GloversixMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_GlovertwoMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Glovertwo [Member]", "terseLabel": "Glovertwo" } } }, "localname": "GlovertwoMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_IncreaseInBankTimeDeposits": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Gross cash outflow of time deposits.", "label": "Increase In Bank Time Deposits", "negatedLabel": "Increase in bank time deposits" } } }, "localname": "IncreaseInBankTimeDeposits", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "sb_IncreaseInMezzanineEquityMeasurement": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Increase In Mezzanine Equity Measurement", "label": "Increase In Mezzanine Equity Measurement", "terseLabel": "Mezzanine equity measurement" } } }, "localname": "IncreaseInMezzanineEquityMeasurement", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "sb_InsuranceMaximumAmount": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The maximum amount of the liabilities associated with the individual vessel actions, mainly for sea pollution covered by P&I Club insurance.", "label": "Insurance Maximum Amount", "terseLabel": "Maximum covered by insurance" } } }, "localname": "InsuranceMaximumAmount", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "sb_InterestRateSwapExpiringAugust12023Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring August 1, 2023", "label": "Interest Rate Swap, Expiring August 1, 2023 [Member]", "terseLabel": "Interest Rate Swap, Expiring August 1, 2023" } } }, "localname": "InterestRateSwapExpiringAugust12023Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringAugust272024Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring August 27, 2024", "label": "Interest Rate Swap, Expiring August 27, 2024 [Member]", "terseLabel": "Interest Rate Swap, Expiring August 27, 2024" } } }, "localname": "InterestRateSwapExpiringAugust272024Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringAugust32025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring August 3, 2025", "label": "Interest Rate Swap, Expiring August 3, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring August 3, 2025" } } }, "localname": "InterestRateSwapExpiringAugust32025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringDecember312025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring December 31, 2025", "label": "Interest Rate Swap, Expiring December 31, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring December 31, 2025" } } }, "localname": "InterestRateSwapExpiringDecember312025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJuly12025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring July 1, 2025", "label": "Interest Rate Swap, Expiring July 1, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring July 1, 2025" } } }, "localname": "InterestRateSwapExpiringJuly12025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJuly162025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring July 16, 2025", "label": "Interest Rate Swap, Expiring July 16, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring July 16, 2025" } } }, "localname": "InterestRateSwapExpiringJuly162025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJuly212026Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring July 21, 2026", "label": "Interest Rate Swap, Expiring July 21, 2026 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 10, 2026, Fixed Rate 0.829%" } } }, "localname": "InterestRateSwapExpiringJuly212026Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJuly222026Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring July 22, 2026", "label": "Interest Rate Swap, Expiring July 22, 2026 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 10, 2026, Fixed Rate 0.770%" } } }, "localname": "InterestRateSwapExpiringJuly222026Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJuly302025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring July 30, 2025", "label": "Interest Rate Swap, Expiring July 30, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring July 30, 2025" } } }, "localname": "InterestRateSwapExpiringJuly302025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJuly92025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring July 9, 2025", "label": "Interest Rate Swap, Expiring July 9, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring July 9, 2025" } } }, "localname": "InterestRateSwapExpiringJuly92025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJune112025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring June 11, 2025", "label": "Interest Rate Swap, Expiring June 11, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring June 11, 2025" } } }, "localname": "InterestRateSwapExpiringJune112025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJune152025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring June 15, 2025", "label": "Interest Rate Swap, Expiring June 15, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring June 15, 2025" } } }, "localname": "InterestRateSwapExpiringJune152025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJune302025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring June 30, 2025", "label": "Interest Rate Swap, Expiring June 30, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring June 30, 2025" } } }, "localname": "InterestRateSwapExpiringJune302025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringJune42025Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring June 4, 2025", "label": "Interest Rate Swap, Expiring June 4, 2025 [Member]", "terseLabel": "Interest Rate Swap, Expiring June 4, 2025" } } }, "localname": "InterestRateSwapExpiringJune42025Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringMay102026Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring May 10, 2026", "label": "Interest Rate Swap, Expiring May 10, 2026 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 10, 2026" } } }, "localname": "InterestRateSwapExpiringMay102026Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly102020Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020", "label": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 10, 2020" } } }, "localname": "InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly102020Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly142020Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020", "label": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.380%, Inception July 14, 2020" } } }, "localname": "InterestRateSwapExpiringMay52025FixedRate0380InceptionJuly142020Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringMay52025FixedRate0400InceptionJuly102020Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020", "label": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception July 10, 2020" } } }, "localname": "InterestRateSwapExpiringMay52025FixedRate0400InceptionJuly102020Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringMay52025FixedRate0400InceptionMay52020Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020", "label": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020 [Member]", "terseLabel": "Interest Rate Swap, Expiring May 5, 2025, Fixed Rate 0.400%, Inception May 5, 2020" } } }, "localname": "InterestRateSwapExpiringMay52025FixedRate0400InceptionMay52020Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringOctober202023Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring October 20, 2023", "label": "Interest Rate Swap, Expiring October 20, 2023 [Member]", "terseLabel": "Interest Rate Swap, Expiring October 20, 2023" } } }, "localname": "InterestRateSwapExpiringOctober202023Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringSeptember302024FixedRate0600Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600%", "label": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600% [Member]", "terseLabel": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.600%" } } }, "localname": "InterestRateSwapExpiringSeptember302024FixedRate0600Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringSeptember302024FixedRate0650Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650%", "label": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650% [Member]", "terseLabel": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.650%" } } }, "localname": "InterestRateSwapExpiringSeptember302024FixedRate0650Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringSeptember302024FixedRate0800Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800%", "label": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800% [Member]", "terseLabel": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.800%" } } }, "localname": "InterestRateSwapExpiringSeptember302024FixedRate0800Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringSeptember302024FixedRate0900Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900%", "label": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900% [Member]", "terseLabel": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.900%" } } }, "localname": "InterestRateSwapExpiringSeptember302024FixedRate0900Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_InterestRateSwapExpiringSeptember302024FixedRate0990Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990%", "label": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990% [Member]", "terseLabel": "Interest Rate Swap, Expiring September 30, 2024, Fixed Rate 0.990%" } } }, "localname": "InterestRateSwapExpiringSeptember302024FixedRate0990Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "sb_June20212Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "June 2021, 2", "label": "June 2021, 2 [Member]", "terseLabel": "June 2021, 2" } } }, "localname": "June20212Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_June2021Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "June 2021", "label": "June 2021 [Member]", "terseLabel": "June 2021" } } }, "localname": "June2021Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_KerasiesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Kerasies [Member]", "terseLabel": "Kerasies" } } }, "localname": "KerasiesMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_LongTermDebtCurrentNet": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 2.0, "parentTag": "sb_LongTermDebtNet", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-Term Debt Current Net", "terseLabel": "Current portion of long-term debt, net", "verboseLabel": "Less:\u00a0\u00a0Current portion of long-term debt, net of current portion of deferred financing costs" } } }, "localname": "LongTermDebtCurrentNet", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "sb_LongTermDebtNet": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-Term Debt, Net", "totalLabel": "Total debt, net of deferred financing costs" } } }, "localname": "LongTermDebtNet", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "sb_LongTermDebtNetOfDeferredFinancingCostsNonCurrent": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 1.0, "parentTag": "sb_LongTermDebtNet", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-Term Debt, Net Of Deferred Financing Costs, Non-Current", "terseLabel": "Long-term debt, net", "verboseLabel": "Long-term debt, net of deferred financing costs, non-current" } } }, "localname": "LongTermDebtNetOfDeferredFinancingCostsNonCurrent", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "sb_MVKoulitsaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "MV Koulitsa", "label": "MV Koulitsa [Member]", "terseLabel": "MV Koulitsa" } } }, "localname": "MVKoulitsaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "domainItemType" }, "sb_MVPedhoulasFighterMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "MV Pedhoulas Fighter", "label": "MV Pedhoulas Fighter [Member]", "terseLabel": "MV Pedhoulas Fighter" } } }, "localname": "MVPedhoulasFighterMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "domainItemType" }, "sb_ManagementAgreementAnnualShipManagementFee": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Management Agreement Annual Ship Management Fee", "label": "Management Agreement Annual Ship Management Fee", "terseLabel": "Flat ship management fee" } } }, "localname": "ManagementAgreementAnnualShipManagementFee", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails" ], "xbrltype": "monetaryItemType" }, "sb_ManagementAgreementTerm": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Management Agreement, Term", "label": "Management Agreement, Term", "terseLabel": "Management agreement term" } } }, "localname": "ManagementAgreementTerm", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails" ], "xbrltype": "durationItemType" }, "sb_MarathassaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Marathassa [Member]", "label": "Marathassa [Member]", "terseLabel": "Marathassa" } } }, "localname": "MarathassaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MarinoukiMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Marinouki [Member]", "terseLabel": "Marinouki" } } }, "localname": "MarinoukiMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaturityOfBankTimeDeposits": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Gross cash inflow of time deposits.", "label": "Maturity Of Bank Time Deposits", "terseLabel": "Maturity of bank time deposits" } } }, "localname": "MaturityOfBankTimeDeposits", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "sb_MaxdekaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxdeka [Member]", "terseLabel": "Maxdeka" } } }, "localname": "MaxdekaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxdekatriaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxdekatria [Member]", "terseLabel": "Maxdekatria" } } }, "localname": "MaxdekatriaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxeikosiMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxeikosi [Member]", "terseLabel": "Maxeikosi" } } }, "localname": "MaxeikosiMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxeikosienaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxeikosiena [Member]", "terseLabel": "Maxeikosiena" } } }, "localname": "MaxeikosienaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxeikosieptaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Maxeikosiepta [Member]", "label": "Maxeikosiepta [Member]", "terseLabel": "Maxeikosiepta" } } }, "localname": "MaxeikosieptaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxeikosiexiMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxeikosiexi [Member]", "terseLabel": "Maxeikosiexi" } } }, "localname": "MaxeikosiexiMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxeikositesseraMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxeikositessera [Member]", "terseLabel": "Maxeikositessera" } } }, "localname": "MaxeikositesseraMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxeikositriaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxeikositria [Member]", "terseLabel": "Maxeikositria" } } }, "localname": "MaxeikositriaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxentekaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxenteka [Member]", "terseLabel": "Maxenteka" } } }, "localname": "MaxentekaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxpenteMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxpente [Member]", "terseLabel": "Maxpente" } } }, "localname": "MaxpenteMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MaxtesseraMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Maxtessera [Member]", "terseLabel": "Maxtessera" } } }, "localname": "MaxtesseraMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_MonagrouliMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Monagrouli", "label": "Monagrouli [Member]", "terseLabel": "Monagrouli" } } }, "localname": "MonagrouliMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_NetRevenues": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 6.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Revenues net of commissions", "label": "Net Revenues", "totalLabel": "Net revenues" } } }, "localname": "NetRevenues", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "sb_November2014Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "November 2014", "label": "November 2014 [Member]", "terseLabel": "November 2014" } } }, "localname": "November2014Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_November2018Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "November 2018", "label": "November 2018 [Member]", "terseLabel": "November 2018" } } }, "localname": "November2018Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_NumberOfDividendsDeclared": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Dividends Declared", "label": "Number Of Dividends Declared", "terseLabel": "Number of dividends declared" } } }, "localname": "NumberOfDividendsDeclared", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfDrybulkVessels": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of drybulk vessels owned and operated as of period end", "label": "Number Of Drybulk Vessels", "terseLabel": "Number of drybulk vessels" } } }, "localname": "NumberOfDrybulkVessels", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfImpairedVessels": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Impaired Vessels", "label": "Number Of Impaired Vessels", "terseLabel": "Number of impaired vessels" } } }, "localname": "NumberOfImpairedVessels", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfMemorandaOfAgreementEnteredWithUnrelatedThirdParties": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Memoranda Of Agreement Entered With Unrelated Third Parties", "label": "Number Of Memoranda Of Agreement Entered With Unrelated Third Parties", "terseLabel": "Number of Memoranda of Agreement entered with unrelated third parties" } } }, "localname": "NumberOfMemorandaOfAgreementEnteredWithUnrelatedThirdParties", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "decimalItemType" }, "sb_NumberOfQuartersOfDividendPayments": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of quarters during the current period on which the company declared and paid dividends.", "label": "Number Of Quarters Of Dividend Payments", "terseLabel": "Number of quarters, dividend payments" } } }, "localname": "NumberOfQuartersOfDividendPayments", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfSubsidiaries": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of subsidiaries owned by the entity.", "label": "Number Of Subsidiaries", "terseLabel": "Number of subsidiaries" } } }, "localname": "NumberOfSubsidiaries", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationAdditionalInformationDetails" ], "xbrltype": "decimalItemType" }, "sb_NumberOfVesselsAsCollateralForDebt": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Number Of Vessels As Collateral For Debt", "terseLabel": "Number of vessels provided as collateral" } } }, "localname": "NumberOfVesselsAsCollateralForDebt", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails", "http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfVesselsAsCollateralForDebtCreditFacility": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Vessels As Collateral For Debt, Credit Facility", "label": "Number Of Vessels As Collateral For Debt, Credit Facility", "terseLabel": "Number of vessels provided as collateral, credit facility" } } }, "localname": "NumberOfVesselsAsCollateralForDebtCreditFacility", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfVesselsDebtFree": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Vessels Debt Free", "label": "Number Of Vessels Debt Free", "terseLabel": "Number of vessels debt free" } } }, "localname": "NumberOfVesselsDebtFree", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfVesselsEmployedUnderVoyageCharter": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Vessels Employed Under Voyage Charter", "label": "Number Of Vessels Employed Under Voyage Charter", "terseLabel": "Number of vessels employed under voyage charter" } } }, "localname": "NumberOfVesselsEmployedUnderVoyageCharter", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_NumberOfVesselsFinancedByCreditFacility": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Vessels Financed By Credit Facility", "label": "Number Of Vessels Financed By Credit Facility", "terseLabel": "Number of vessels financed by credit facility" } } }, "localname": "NumberOfVesselsFinancedByCreditFacility", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "decimalItemType" }, "sb_NumberOfVesselsSoldAndLeasedBack": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number Of Vessels Sold And Leased Back", "label": "Number Of Vessels Sold And Leased Back", "terseLabel": "Number of vessels sold and leased back" } } }, "localname": "NumberOfVesselsSoldAndLeasedBack", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "sb_OtherCommitmentsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other Commitments", "label": "Other Commitments [Member]", "terseLabel": "Other Commitments" } } }, "localname": "OtherCommitmentsMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "domainItemType" }, "sb_OtherExpenseIncomeOnDerivatesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Other Expense Income On Derivates [Member]", "terseLabel": "Other expense income on derivatives" } } }, "localname": "OtherExpenseIncomeOnDerivatesMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails" ], "xbrltype": "domainItemType" }, "sb_OtherNoncurrentAssetsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Other Noncurrent Assets [Abstract]", "terseLabel": "OTHER NON CURRENT ASSETS:" } } }, "localname": "OtherNoncurrentAssetsAbstract", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "sb_PeleaVasstwoEniaprohiVassoneMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Pelea, Vasstwo, Eniaprohi, Vassone [Member]", "label": "Pelea, Vasstwo, Eniaprohi, Vassone [Member]", "terseLabel": "Pelea, Vasstwo, Eniaprohi, Vassone" } } }, "localname": "PeleaVasstwoEniaprohiVassoneMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_PemerMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Pemer [Member]", "terseLabel": "Pemer" } } }, "localname": "PemerMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_PentakomoMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Pentakomo [Member]", "label": "Pentakomo [Member]", "terseLabel": "Pentakomo" } } }, "localname": "PentakomoMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_PetraMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Petra [Member]", "terseLabel": "Petra" } } }, "localname": "PetraMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_PinewoodMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Pinewood [Member]", "label": "Pinewood [Member]", "terseLabel": "Pinewood" } } }, "localname": "PinewoodMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_PreferredStockDividendsPerShareCashPaidQuarterly": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Dividends paid quarterly for each share of preferred stock outstanding.", "label": "Preferred Stock Dividends Per Share Cash Paid Quarterly", "terseLabel": "Preferred stock dividends, cash paid quarterly (in USD per share)" } } }, "localname": "PreferredStockDividendsPerShareCashPaidQuarterly", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails" ], "xbrltype": "perShareItemType" }, "sb_PremiumForUseOfScrubbersSulfurContent": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Premium For Use Of Scrubbers, Sulfur Content", "label": "Premium For Use Of Scrubbers, Sulfur Content", "terseLabel": "Premium for use of scrubbers, sulfur content" } } }, "localname": "PremiumForUseOfScrubbersSulfurContent", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "percentItemType" }, "sb_PropertyPlantAndEquipmentCollateralForDebt": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The carrying amount, as of the date of the latest financial statement presented, of vessels that are pledged as collateral to secure the related debt obligations.", "label": "Property Plant And Equipment Collateral For Debt", "terseLabel": "Vessels provided as collateral" } } }, "localname": "PropertyPlantAndEquipmentCollateralForDebt", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "sb_PropertyPlantAndEquipmentForVesselsSoldAndLeasedBack": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The carrying amount, as of the date of the latest financial statement presented, of vessels formerly owned by our respective subsidiaries that had been sold to third parties and taken back on a bareboat charter basis with either an obligation to purchase them back at the end of the respective charter period or an option to buy them during the respective charter period.", "label": "Property Plant And Equipment For Vessels Sold And Leased Back", "terseLabel": "Carrying value of vessels sold and leased back" } } }, "localname": "PropertyPlantAndEquipmentForVesselsSoldAndLeasedBack", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "sb_PropertyPlantAndEquipmentTransfersToAssetsHeldForSale": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Property, Plant And Equipment, Transfers To Assets Held For Sale", "label": "Property, Plant And Equipment, Transfers To Assets Held For Sale", "negatedTerseLabel": "Transfer to Assets Held for Sale (Note 6)" } } }, "localname": "PropertyPlantAndEquipmentTransfersToAssetsHeldForSale", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "sb_PropertyPlantAndEquipmentTransfersToAssetsHeldForSaleNet": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Property, Plant And Equipment, Transfers To Assets Held For Sale, Net", "label": "Property, Plant And Equipment, Transfers To Assets Held For Sale, Net", "negatedTerseLabel": "Transfer to Assets Held for Sale (Note 6)" } } }, "localname": "PropertyPlantAndEquipmentTransfersToAssetsHeldForSaleNet", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "sb_PublicCompanyExpenses": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 7.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate total of public company expenses incurred in relation to our operation as a public company such as professional fees, compensation paid to our directors and officers, listing fees and other miscellaneous expenses.", "label": "Public Company Expenses", "negatedLabel": "Company administration expenses" } } }, "localname": "PublicCompanyExpenses", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "sb_RepaymentOfLongTermDebtPrepaid": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Repayment Of Long-Term Debt, Prepaid", "label": "Repayment Of Long-Term Debt, Prepaid", "terseLabel": "Repayment of long-term debt, amount prepaid" } } }, "localname": "RepaymentOfLongTermDebtPrepaid", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "sb_RepaymentOfLongTermDebtPrinciplePayments": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Repayment Of Long-Term Debt, Principle Payments", "label": "Repayment Of Long-Term Debt, Principle Payments", "terseLabel": "Repayment of long-term debt, principle payments" } } }, "localname": "RepaymentOfLongTermDebtPrinciplePayments", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "sb_SaleAndLeasebackAgreementVesselRepurchasedAmount": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sale And Leaseback Agreement, Vessel Repurchased, Amount", "label": "Sale And Leaseback Agreement, Vessel Repurchased, Amount", "terseLabel": "Repurchase amount under the sale and leaseback agreement" } } }, "localname": "SaleAndLeasebackAgreementVesselRepurchasedAmount", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "monetaryItemType" }, "sb_SaleAndLeasebackAgreementVesselRepurchasedNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale And Leaseback Agreement, Vessel Repurchased, Number", "label": "Sale And Leaseback Agreement, Vessel Repurchased, Number", "terseLabel": "Number of vessel repurchased under the sale and leaseback agreement" } } }, "localname": "SaleAndLeasebackAgreementVesselRepurchasedNumber", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "integerItemType" }, "sb_SaleLeasebackTransactionLeaseTerm": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale Leaseback Transaction, Lease Term", "label": "Sale Leaseback Transaction, Lease Term", "terseLabel": "Sale and leaseback, lease term" } } }, "localname": "SaleLeasebackTransactionLeaseTerm", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "sb_SaleLeasebackTransactionPurchaseObligationPeriod": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale Leaseback Transaction, Purchase Obligation Period", "label": "Sale Leaseback Transaction, Purchase Obligation Period", "terseLabel": "Sale and leaseback, purchase obligation, period" } } }, "localname": "SaleLeasebackTransactionPurchaseObligationPeriod", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "sb_SaleLeasebackTransactionRepurchasePeriod": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale Leaseback Transaction, Repurchase Period", "label": "Sale Leaseback Transaction, Repurchase Period", "terseLabel": "Sale and leaseback, repurchase period" } } }, "localname": "SaleLeasebackTransactionRepurchasePeriod", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "sb_SaleOfStockConsiderationReceivedOnTransactionGross": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sale Of Stock, Consideration Received On Transaction, Gross", "label": "Sale Of Stock, Consideration Received On Transaction, Gross", "terseLabel": "Consideration received on sale of stock" } } }, "localname": "SaleOfStockConsiderationReceivedOnTransactionGross", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "monetaryItemType" }, "sb_SaleOfStockGrossOfferingProceedsOfSharesAuthorizedToBeSold": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sale Of Stock, Gross Offering Proceeds Of Shares Authorized To Be Sold", "label": "Sale Of Stock, Gross Offering Proceeds Of Shares Authorized To Be Sold", "terseLabel": "Stock sale program, gross offering proceeds of shares authorized to be sold" } } }, "localname": "SaleOfStockGrossOfferingProceedsOfSharesAuthorizedToBeSold", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "monetaryItemType" }, "sb_SaleOfStockRemainingConsiderationAvailableForSale": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sale Of Stock, Remaining Consideration Available For Sale", "label": "Sale Of Stock, Remaining Consideration Available For Sale", "terseLabel": "Remaining consideration available on sale of stock" } } }, "localname": "SaleOfStockRemainingConsiderationAvailableForSale", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "monetaryItemType" }, "sb_ScheduleOfSubsidiariesTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the subsidiaries included in the consolidated financial statements.", "label": "Schedule Of Subsidiaries [Table Text Block]", "terseLabel": "Schedule of Subsidiaries" } } }, "localname": "ScheduleOfSubsidiariesTableTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationTables" ], "xbrltype": "textBlockItemType" }, "sb_ScheduleOfVesselsNetTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the rollforward of the value of long-lived, physical assets that are used in the normal conduct of business and not intended for resale.", "label": "Schedule Of Vessels Net [Table Text Block]", "terseLabel": "Schedule of Vessels, Net" } } }, "localname": "ScheduleOfVesselsNetTableTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselsNetTables" ], "xbrltype": "textBlockItemType" }, "sb_September2021Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "September 2021", "label": "September 2021 [Member]", "terseLabel": "September 2021" } } }, "localname": "September2021Member", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokuFriendshipMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Shikoku Friendship [Member]", "label": "Shikoku Friendship [Member]", "terseLabel": "Shikoku Friendship" } } }, "localname": "ShikokuFriendshipMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokuenniaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Shikokuennia [Member]", "label": "Shikokuennia [Member]", "terseLabel": "Shikokuennia" } } }, "localname": "ShikokuenniaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokueptaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Shikokuepta [Member]", "terseLabel": "Shikokuepta" } } }, "localname": "ShikokueptaMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokuoktoMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Shikokuokto [Member]", "terseLabel": "Shikokuokto" } } }, "localname": "ShikokuoktoMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokupenteMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Shikokupente [Member]", "label": "Shikokupente [Member]", "terseLabel": "Shikokupente" } } }, "localname": "ShikokupenteMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokupenteShikokuenniaPemerPetraMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Shikokupente, Shikokuennia, Pemer, Petra [Member]", "label": "Shikokupente, Shikokuennia, Pemer, Petra [Member]", "terseLabel": "Shikokupente, Shikokuennia, Penner, Petra" } } }, "localname": "ShikokupenteShikokuenniaPemerPetraMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_ShikokutesseraMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Shikokutessera [Member]", "terseLabel": "Shikokutessera" } } }, "localname": "ShikokutesseraMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_SoffiveMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Soffive [Member]", "terseLabel": "Soffive" } } }, "localname": "SoffiveMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "sb_SupervisionFeesExpense": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of expense derived from the supervision fees.", "label": "Supervision Fees Expense", "terseLabel": "Supervision Fees" } } }, "localname": "SupervisionFeesExpense", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesScheduleofFeesChargedbyManagersDetails" ], "xbrltype": "monetaryItemType" }, "sb_TimeCharterAndVoyageNormalTermOfCharterContract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Time Charter And Voyage, Normal Term Of Charter Contract", "label": "Time Charter And Voyage, Normal Term Of Charter Contract", "terseLabel": "Charter contract typical term" } } }, "localname": "TimeCharterAndVoyageNormalTermOfCharterContract", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "sb_TimeCharterAndVoyageRevenue": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/RevenuesRevenuesDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 1.0, "parentTag": "sb_NetRevenues", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Revenues generated from charterers for the time or voyage charter hire of vessels.Revenues from time charter may also include ballast bonus, which is an amount paid by the charterer for repositioning the vessel at the charterers disposal, and other miscellaneous revenues from vessel operations.", "label": "Time Charter And Voyage Revenue", "terseLabel": "Revenues", "totalLabel": "Total" } } }, "localname": "TimeCharterAndVoyageRevenue", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesRevenuesDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "sb_TimeCharterAndVoyageRevenueTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This element represents the dislcosure of revenues, ballast bonus and other miscellaneous revenues generated from charterers, for the charter hire of vessels.", "label": "Time Charter And Voyage Revenue [Text Block]", "terseLabel": "Revenues" } } }, "localname": "TimeCharterAndVoyageRevenueTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/Revenues" ], "xbrltype": "textBlockItemType" }, "sb_TimeCharterAndVoyageTermOfCharterContractRenewalTerm": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Time Charter And Voyage, Term Of Charter Contract, Renewal Term", "label": "Time Charter And Voyage, Term Of Charter Contract, Renewal Term", "terseLabel": "Charter contract renewal term" } } }, "localname": "TimeCharterAndVoyageTermOfCharterContractRenewalTerm", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "sb_TimeCharterRevenue": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/RevenuesRevenuesDetails": { "order": 2.0, "parentTag": "sb_TimeCharterAndVoyageRevenue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Revenues generated from charterers for the time charter hire of vessels which implies a contract made for the use of a vessel for a specific period of time and at a specified daily charter rate.", "label": "Time Charter Revenue", "terseLabel": "Time charter revenue" } } }, "localname": "TimeCharterRevenue", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails", "http://www.safebulkers.com/role/RevenuesRevenuesDetails" ], "xbrltype": "monetaryItemType" }, "sb_TimeCharterRevenueFromPremiumForUseOfScrubbers": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Time Charter Revenue From Premium For Use Of Scrubbers", "label": "Time Charter Revenue From Premium For Use Of Scrubbers", "terseLabel": "Revenue from premium for use of scrubbers" } } }, "localname": "TimeCharterRevenueFromPremiumForUseOfScrubbers", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "sb_VesselAcquisitionsIncludingAdvancesForVesselsUnderConstruction": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "This element represents cash outflows associated with acquisition of vessels including advances paid for vessels under construction and capitalized expenses and interest.", "label": "Vessel Acquisitions Including Advances For Vessels Under Construction", "negatedLabel": "Vessel advances" } } }, "localname": "VesselAcquisitionsIncludingAdvancesForVesselsUnderConstruction", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "sb_VesselOperatingExpensesTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the amount and analysis of the components constituting the vessels operating expenses.", "label": "Vessel Operating Expenses [Table Text Block]", "terseLabel": "Vessel Operating Expenses" } } }, "localname": "VesselOperatingExpensesTableTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesTables" ], "xbrltype": "textBlockItemType" }, "sb_VesselOperatingExpensesTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This element represents the disclosure of vessel operating expenses.", "label": "Vessel Operating Expenses [Text Block]", "terseLabel": "Vessel Operating Expenses" } } }, "localname": "VesselOperatingExpensesTextBlock", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpenses" ], "xbrltype": "textBlockItemType" }, "sb_VoyageCharterRevenue": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/RevenuesRevenuesDetails": { "order": 3.0, "parentTag": "sb_TimeCharterAndVoyageRevenue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Revenues generated from voyage charter hire of vessels which implies a contract made for the use of a vessel under which freight is paid on the basis of moving cargo from a loading port to a discharge port.", "label": "Voyage Charter Revenue", "terseLabel": "Voyage charter revenue" } } }, "localname": "VoyageCharterRevenue", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/RevenuesRevenuesDetails" ], "xbrltype": "monetaryItemType" }, "sb_VoyageExpenses": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 1.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Voyage expenses include costs for draft surveys, hold cleaning, postage and other minor miscellaneous expenses related to the voyage such as the United States federal income tax that is paid in respect of our U.S. source shipping income (imposed on gross income without the allowance for any deductions).", "label": "Voyage Expenses", "negatedLabel": "Voyage expenses" } } }, "localname": "VoyageExpenses", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "sb_YoungtwoMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Youngtwo [Member]", "terseLabel": "Youngtwo" } } }, "localname": "YoungtwoMember", "nsuri": "http://www.safebulkers.com/20210930", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "srt_CounterpartyNameAxis": { "auth_ref": [ "r64", "r66", "r108", "r109", "r206", "r243" ], "lang": { "en-us": { "role": { "label": "Counterparty Name [Axis]", "terseLabel": "Counterparty Name [Axis]" } } }, "localname": "CounterpartyNameAxis", "nsuri": "http://fasb.org/srt/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "stringItemType" }, "srt_MaximumMember": { "auth_ref": [ "r205", "r242", "r289", "r291", "r375", "r376", "r377", "r378", "r379", "r380", "r382", "r410", "r411", "r422", "r423" ], "lang": { "en-us": { "role": { "label": "Maximum [Member]", "terseLabel": "Maximum" } } }, "localname": "MaximumMember", "nsuri": "http://fasb.org/srt/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "srt_MinimumMember": { "auth_ref": [ "r205", "r242", "r289", "r291", "r375", "r376", "r377", "r378", "r379", "r380", "r382", "r410", "r411", "r422", "r423" ], "lang": { "en-us": { "role": { "label": "Minimum [Member]", "terseLabel": "Minimum" } } }, "localname": "MinimumMember", "nsuri": "http://fasb.org/srt/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "srt_RangeAxis": { "auth_ref": [ "r205", "r242", "r279", "r289", "r291", "r375", "r376", "r377", "r378", "r379", "r380", "r382", "r410", "r411", "r422", "r423" ], "lang": { "en-us": { "role": { "label": "Statistical Measurement [Axis]", "terseLabel": "Statistical Measurement [Axis]" } } }, "localname": "RangeAxis", "nsuri": "http://fasb.org/srt/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "srt_RangeMember": { "auth_ref": [ "r205", "r242", "r279", "r289", "r291", "r375", "r376", "r377", "r378", "r379", "r380", "r382", "r410", "r411", "r422", "r423" ], "lang": { "en-us": { "role": { "label": "Statistical Measurement [Domain]", "terseLabel": "Statistical Measurement [Domain]" } } }, "localname": "RangeMember", "nsuri": "http://fasb.org/srt/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "srt_RepurchaseAgreementCounterpartyNameDomain": { "auth_ref": [ "r65", "r66", "r108", "r109", "r206", "r243" ], "lang": { "en-us": { "role": { "label": "Counterparty Name [Domain]", "terseLabel": "Counterparty Name [Domain]" } } }, "localname": "RepurchaseAgreementCounterpartyNameDomain", "nsuri": "http://fasb.org/srt/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountingPoliciesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Accounting Policies [Abstract]", "terseLabel": "Accounting Policies [Abstract]" } } }, "localname": "AccountingPoliciesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_AccountsAndOtherReceivablesNetCurrent": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 10.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allowance, receivable from customers, clients, or other third-parties, and receivables classified as other due within one year or the normal operating cycle, if longer.", "label": "Accounts and Other Receivables, Net, Current", "terseLabel": "Accounts receivable" } } }, "localname": "AccountsAndOtherReceivablesNetCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccountsPayableTradeCurrent": { "auth_ref": [ "r22", "r45" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accounts Payable, Trade, Current", "terseLabel": "Trade accounts payable" } } }, "localname": "AccountsPayableTradeCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccountsReceivableRelatedPartiesCurrent": { "auth_ref": [ "r56", "r107", "r362", "r363" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of receivables arising from transactions with related parties due within one year or the normal operating cycle, if longer.", "label": "Accounts Receivable, Related Parties, Current", "terseLabel": "Due from manager", "verboseLabel": "Due from Manager" } } }, "localname": "AccountsReceivableRelatedPartiesCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccruedLiabilitiesCurrent": { "auth_ref": [ "r49" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accrued Liabilities, Current", "terseLabel": "Accrued liabilities" } } }, "localname": "AccruedLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment": { "auth_ref": [ "r43", "r169" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.", "label": "Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment", "negatedPeriodEndLabel": "Ending Balance", "negatedPeriodStartLabel": "Beginning Balance" } } }, "localname": "AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease in accumulated depreciation, depletion and amortization as a result of reclassifications from property, plant and equipment.", "label": "Accumulated Depreciation, Depletion and Amortization, Reclassifications from Property, Plant and Equipment", "terseLabel": "Transfer to Assets Held for Sale (Note 6)" } } }, "localname": "AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalCashFlowElementsSummationsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Additional Cash Flow Elements, Summations [Abstract]", "terseLabel": "Reconciliation of Cash, Cash Equivalents and Restricted Cash:" } } }, "localname": "AdditionalCashFlowElementsSummationsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AdditionalPaidInCapital": { "auth_ref": [ "r34", "r295", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock.", "label": "Additional Paid in Capital", "terseLabel": "Additional paid in capital" } } }, "localname": "AdditionalPaidInCapital", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [ "r112", "r113", "r114", "r292", "r293", "r294", "r326" ], "lang": { "en-us": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid-in Capital [Member]", "terseLabel": "Additional Paid in Capital" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts": { "auth_ref": [ "r256", "r263" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease in additional paid in capital (APIC) resulting from direct costs associated with issuing stock. Includes, but is not limited to, legal and accounting fees and direct costs associated with stock issues under a shelf registration.", "label": "Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs", "negatedTerseLabel": "Offering expenses" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Adjustments to reconcile net (loss)/income to net cash provided by operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AmortizationOfFinancingCostsAndDiscounts": { "auth_ref": [ "r93", "r225", "r233", "r234", "r355" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 7.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization expense attributable to debt discount (premium) and debt issuance costs.", "label": "Amortization of Debt Issuance Costs and Discounts", "negatedLabel": "Amortization and write-off of deferred finance charges", "terseLabel": "Amortization and write-off of deferred finance charges" } } }, "localname": "AmortizationOfFinancingCostsAndDiscounts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_Assets": { "auth_ref": [ "r106", "r153", "r155", "r159", "r163", "r189", "r190", "r191", "r193", "r194", "r195", "r196", "r197", "r198", "r200", "r201", "r298", "r300", "r339", "r366", "r368", "r386", "r400" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "totalLabel": "Total assets" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets [Abstract]", "terseLabel": "ASSETS" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsCurrent": { "auth_ref": [ "r19", "r20", "r59", "r106", "r163", "r189", "r190", "r191", "r193", "r194", "r195", "r196", "r197", "r198", "r200", "r201", "r298", "r300", "r339", "r366", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets, Current", "totalLabel": "Total current assets" } } }, "localname": "AssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets, Current [Abstract]", "terseLabel": "CURRENT ASSETS:" } } }, "localname": "AssetsCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsNoncurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets, Noncurrent [Abstract]", "terseLabel": "FIXED ASSETS:" } } }, "localname": "AssetsNoncurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent": { "auth_ref": [ "r1", "r2", "r9", "r11", "r14", "r166", "r174" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.", "label": "Disposal Group, Including Discontinued Operation, Assets, Current", "terseLabel": "Assets held for sale" } } }, "localname": "AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock": { "auth_ref": [ "r16", "r111", "r150" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for the business description and basis of presentation concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).", "label": "Business Description and Basis of Presentation [Text Block]", "terseLabel": "Basis of Presentation and General Information" } } }, "localname": "BusinessDescriptionAndBasisOfPresentationTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformation" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r17", "r41", "r95" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash and Cash Equivalents, at Carrying Value", "terseLabel": "Cash and cash equivalents" } } }, "localname": "CashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r89", "r95", "r100" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "periodEndLabel": "Cash, cash equivalents and restricted cash at end of year", "periodStartLabel": "Cash, cash equivalents and restricted cash at beginning of year", "totalLabel": "Cash, cash equivalents and restricted cash shown in the statement of cash flows" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect": { "auth_ref": [ "r89", "r344" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; excluding effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect", "totalLabel": "Net decrease in cash, cash equivalents and restricted cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ClassOfStockDomain": { "auth_ref": [ "r103", "r106", "r128", "r129", "r134", "r137", "r139", "r147", "r148", "r149", "r163", "r189", "r194", "r195", "r196", "r200", "r201", "r240", "r241", "r245", "r249", "r339", "r425" ], "lang": { "en-us": { "role": { "documentation": "Share of stock differentiated by the voting rights the holder receives. Examples include, but are not limited to, common stock, redeemable preferred stock, nonredeemable preferred stock, and convertible stock.", "label": "Class of Stock [Domain]", "terseLabel": "Class of Stock [Domain]" } } }, "localname": "ClassOfStockDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/ShareCapitalDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_ClassOfStockLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Class of Stock [Line Items]", "terseLabel": "Class of Stock [Line Items]" } } }, "localname": "ClassOfStockLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingencies": { "auth_ref": [ "r53", "r185", "r391", "r406" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.", "label": "Commitments and Contingencies", "terseLabel": "COMMITMENTS AND CONTINGENCIES" } } }, "localname": "CommitmentsAndContingencies", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Commitments and Contingencies Disclosure [Abstract]", "terseLabel": "Commitments and Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureTextBlock": { "auth_ref": [ "r179", "r181", "r184", "r186", "r418" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for commitments and contingencies.", "label": "Commitments and Contingencies Disclosure [Text Block]", "terseLabel": "Commitments and Contingencies" } } }, "localname": "CommitmentsAndContingenciesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CommonClassAMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Classification of common stock representing ownership interest in a corporation.", "label": "Common Class A [Member]", "terseLabel": "Common Stock" } } }, "localname": "CommonClassAMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [ "r112", "r113", "r326" ], "lang": { "en-us": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]", "terseLabel": "Common Stock" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r33" ], "lang": { "en-us": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common Stock, Par or Stated Value Per Share", "terseLabel": "Common stock, par value (in USD per share)", "verboseLabel": "Ordinary shares par value (in USD per share)" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r33" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Common Stock, Shares Authorized", "terseLabel": "Ordinary shares authorized (in shares)", "verboseLabel": "Common stock, authorized (in shares)" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r33" ], "lang": { "en-us": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common Stock, Shares, Issued", "verboseLabel": "Common stock, shares issued (in shares)" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r33", "r256" ], "lang": { "en-us": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common Stock, Shares, Outstanding", "verboseLabel": "Common stock, shares outstanding (in shares)" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/ShareCapitalDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValue": { "auth_ref": [ "r33", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Common Stock, Value, Issued", "terseLabel": "Common stock, $0.001 par value; 200,000,000 authorized, 102,174,594 and 121,634,602 issued and outstanding at December 31, 2020 and September 30, 2021, respectively" } } }, "localname": "CommonStockValue", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ConstructionInProgressExpendituresIncurredButNotYetPaid": { "auth_ref": [ "r97", "r98", "r99" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Future cash outflow to pay for construction in progress expenditures that have occurred.", "label": "Construction in Progress Expenditures Incurred but Not yet Paid", "terseLabel": "Unpaid capital expenditures" } } }, "localname": "ConstructionInProgressExpendituresIncurredButNotYetPaid", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerAssetNetCurrent": { "auth_ref": [ "r266", "r268", "r271" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, classified as current.", "label": "Contract with Customer, Asset, after Allowance for Credit Loss, Current", "verboseLabel": "Accrued revenue" } } }, "localname": "ContractWithCustomerAssetNetCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerAssetNetNoncurrent": { "auth_ref": [ "r266", "r268", "r271" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, classified as noncurrent.", "label": "Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent", "verboseLabel": "Accrued revenue - Long-term" } } }, "localname": "ContractWithCustomerAssetNetNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerLiabilityCurrent": { "auth_ref": [ "r266", "r267", "r271" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current.", "label": "Contract with Customer, Liability, Current", "terseLabel": "Unearned revenue" } } }, "localname": "ContractWithCustomerLiabilityCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerLiabilityNoncurrent": { "auth_ref": [ "r266", "r267", "r271" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as noncurrent.", "label": "Contract with Customer, Liability, Noncurrent", "terseLabel": "Unearned revenue - Long-term" } } }, "localname": "ContractWithCustomerLiabilityNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CostDirectLabor": { "auth_ref": [ "r77" ], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 1.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Cost of labor directly related to good produced and service rendered. Includes, but is not limited to, payroll cost and equity-based compensation.", "label": "Cost, Direct Labor", "terseLabel": "Crew wages and related costs" } } }, "localname": "CostDirectLabor", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CostsAndExpensesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Costs and Expenses [Abstract]", "terseLabel": "EXPENSES:" } } }, "localname": "CostsAndExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "stringItemType" }, "us-gaap_CreditFacilityAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.", "label": "Credit Facility [Axis]", "terseLabel": "Credit Facility [Axis]" } } }, "localname": "CreditFacilityAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_CreditFacilityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.", "label": "Credit Facility [Domain]", "terseLabel": "Credit Facility [Domain]" } } }, "localname": "CreditFacilityDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CumulativePreferredStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Preferred stock upon which unpaid dividends accumulate until paid to shareholders. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Cumulative Preferred Stock [Member]", "terseLabel": "Cumulative Preferred Stock" } } }, "localname": "CumulativePreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Debt Disclosure [Abstract]", "terseLabel": "Debt Disclosure [Abstract]" } } }, "localname": "DebtDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_DebtDisclosureTextBlock": { "auth_ref": [ "r102", "r208", "r209", "r210", "r211", "r212", "r213", "r214", "r219", "r226", "r227", "r229", "r235" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.", "label": "Debt Disclosure [Text Block]", "terseLabel": "Long Term Debt" } } }, "localname": "DebtDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebt" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtInstrumentAxis": { "auth_ref": [ "r27", "r28", "r29", "r105", "r110", "r202", "r203", "r204", "r205", "r206", "r207", "r209", "r215", "r216", "r217", "r218", "r220", "r221", "r222", "r223", "r224", "r225", "r231", "r232", "r233", "r234", "r356", "r387", "r389", "r398" ], "lang": { "en-us": { "role": { "documentation": "Information by type of debt instrument, including, but not limited to, draws against credit facilities.", "label": "Debt Instrument [Axis]", "terseLabel": "Debt Instrument [Axis]" } } }, "localname": "DebtInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Debt Instrument [Line Items]", "terseLabel": "Debt Instrument [Line Items]" } } }, "localname": "DebtInstrumentLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentNameDomain": { "auth_ref": [ "r51", "r105", "r110", "r202", "r203", "r204", "r205", "r206", "r207", "r209", "r215", "r216", "r217", "r218", "r220", "r221", "r222", "r223", "r224", "r225", "r231", "r232", "r233", "r234", "r356" ], "lang": { "en-us": { "role": { "documentation": "The name for the particular debt instrument or borrowing that distinguishes it from other debt instruments or borrowings, including draws against credit facilities.", "label": "Debt Instrument, Name [Domain]", "terseLabel": "Debt Instrument, Name [Domain]" } } }, "localname": "DebtInstrumentNameDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtInstrumentTable": { "auth_ref": [ "r51", "r105", "r110", "r202", "r203", "r204", "r205", "r206", "r207", "r209", "r215", "r216", "r217", "r218", "r220", "r221", "r222", "r223", "r224", "r225", "r228", "r231", "r232", "r233", "r234", "r257", "r260", "r261", "r262", "r353", "r354", "r356", "r357", "r397" ], "lang": { "en-us": { "role": { "documentation": "A table or schedule providing information pertaining to long-term debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Schedule of Long-term Debt Instruments [Table]", "terseLabel": "Schedule of Long-term Debt Instruments [Table]" } } }, "localname": "DebtInstrumentTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction": { "auth_ref": [ "r97", "r98", "r99" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of debt issuance costs that were incurred during a noncash or partial noncash transaction.", "label": "Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction", "terseLabel": "Unpaid financing fees" } } }, "localname": "DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredCosts": { "auth_ref": [ "r26", "r385", "r399" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred cost, excluding capitalized cost related to contract with customer; classified as noncurrent.", "label": "Deferred Costs, Noncurrent", "terseLabel": "Deferred financing costs" } } }, "localname": "DeferredCosts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredFinanceCostsCurrentNet": { "auth_ref": [ "r58", "r355" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 2.0, "parentTag": "us-gaap_DeferredFinanceCostsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after accumulated amortization, of debt issuance costs classified as current. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.", "label": "Debt Issuance Costs, Current, Net", "terseLabel": "Current portion of deferred financing costs" } } }, "localname": "DeferredFinanceCostsCurrentNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredFinanceCostsNet": { "auth_ref": [ "r44", "r215", "r355" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.", "label": "Debt Issuance Costs, Net", "terseLabel": "Less:\u00a0\u00a0Total deferred financing costs", "totalLabel": "Total deferred financing costs" } } }, "localname": "DeferredFinanceCostsNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredFinanceCostsNoncurrentNet": { "auth_ref": [ "r44", "r355" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 3.0, "parentTag": "us-gaap_DeferredFinanceCostsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after accumulated amortization, of debt issuance costs classified as noncurrent. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.", "label": "Debt Issuance Costs, Noncurrent, Net", "terseLabel": "Deferred financing costs non-current" } } }, "localname": "DeferredFinanceCostsNoncurrentNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepositsAssetsCurrent": { "auth_ref": [ "r44" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Carrying value of amounts transferred to third parties for security purposes that are expected to be returned or applied towards payment within one year or during the operating cycle, if shorter.", "label": "Deposits Assets, Current", "terseLabel": "Time deposits" } } }, "localname": "DepositsAssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_Depreciation": { "auth_ref": [ "r93", "r167" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 12.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 3.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.", "label": "Depreciation", "negatedLabel": "Depreciation", "negatedTerseLabel": "Depreciation expense", "terseLabel": "Depreciation" } } }, "localname": "Depreciation", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations", "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepreciationAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Depreciation [Abstract]", "terseLabel": "Accumulated Depreciation" } } }, "localname": "DepreciationAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeAssetFairValueGrossLiability": { "auth_ref": [ "r61", "r68", "r311" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value of liability associated with financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.", "label": "Derivative Asset, Fair Value, Gross Liability", "terseLabel": "Derivative instruments \u2013 liability position" } } }, "localname": "DerivativeAssetFairValueGrossLiability", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeAssets": { "auth_ref": [ "r62", "r63", "r66", "r336" ], "calculation": { "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Asset", "totalLabel": "Total derivative assets" } } }, "localname": "DerivativeAssets", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeAssetsCurrent": { "auth_ref": [ "r62" ], "calculation": { "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails": { "order": 1.0, "parentTag": "us-gaap_DerivativeAssets", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 9.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Asset, Current", "terseLabel": "Derivatives assets current", "verboseLabel": "Derivative assets / Current assets" } } }, "localname": "DerivativeAssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeAssetsNoncurrent": { "auth_ref": [ "r62" ], "calculation": { "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails": { "order": 2.0, "parentTag": "us-gaap_DerivativeAssets", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Asset, Noncurrent", "terseLabel": "Derivative assets \u2013 Long-term", "verboseLabel": "Derivative assets / Non-current assets" } } }, "localname": "DerivativeAssetsNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeContractTypeDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Financial instrument or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.", "label": "Derivative Contract [Domain]", "terseLabel": "Derivative Contract [Domain]" } } }, "localname": "DerivativeContractTypeDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DerivativeFairValueOfDerivativeAsset": { "auth_ref": [ "r60", "r66", "r67", "r311", "r381" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.", "label": "Derivative Asset, Fair Value, Gross Asset", "terseLabel": "Derivative instruments \u2013 asset position" } } }, "localname": "DerivativeFairValueOfDerivativeAsset", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFixedInterestRate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fixed interest rate related to the interest rate derivative.", "label": "Derivative, Fixed Interest Rate", "terseLabel": "Fixed interest rate" } } }, "localname": "DerivativeFixedInterestRate", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DerivativeGainLossOnDerivativeNet": { "auth_ref": [ "r310" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 5.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in the fair value of derivatives recognized in the income statement.", "label": "Derivative, Gain (Loss) on Derivative, Net", "terseLabel": "Loss on derivatives" } } }, "localname": "DerivativeGainLossOnDerivativeNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeInstrumentRiskAxis": { "auth_ref": [ "r66", "r309", "r312", "r315", "r319" ], "lang": { "en-us": { "role": { "documentation": "Information by type of derivative contract.", "label": "Derivative Instrument [Axis]", "terseLabel": "Derivative Instrument [Axis]" } } }, "localname": "DerivativeInstrumentRiskAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet": { "auth_ref": [ "r314", "r316" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments.", "label": "Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net", "terseLabel": "Net Loss Recognized" } } }, "localname": "DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLiabilities": { "auth_ref": [ "r62", "r63", "r66", "r336" ], "calculation": { "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Liability", "totalLabel": "Total derivative liabilities" } } }, "localname": "DerivativeLiabilities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLiabilitiesCurrent": { "auth_ref": [ "r62" ], "calculation": { "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails": { "order": 2.0, "parentTag": "us-gaap_DerivativeLiabilities", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Liability, Current", "terseLabel": "Derivative liabilities", "verboseLabel": "Derivative liabilities / Current liabilities" } } }, "localname": "DerivativeLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLiabilitiesNoncurrent": { "auth_ref": [ "r62" ], "calculation": { "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails": { "order": 1.0, "parentTag": "us-gaap_DerivativeLiabilities", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Liability, Noncurrent", "terseLabel": "Derivative liabilities / Non-current liabilities", "verboseLabel": "Derivative liabilities \u2013 Long-term" } } }, "localname": "DerivativeLiabilitiesNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Derivative [Line Items]", "terseLabel": "Derivative [Line Items]" } } }, "localname": "DerivativeLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeNotionalAmount": { "auth_ref": [ "r303", "r305" ], "lang": { "en-us": { "role": { "documentation": "Nominal or face amount used to calculate payment on derivative.", "label": "Derivative, Notional Amount", "terseLabel": "Interest rate swap, notional amount" } } }, "localname": "DerivativeNotionalAmount", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeNumberOfInstrumentsHeld": { "auth_ref": [ "r303", "r305" ], "lang": { "en-us": { "role": { "documentation": "The number of derivative instruments of a particular group held by the entity.", "label": "Derivative, Number of Instruments Held", "terseLabel": "Number of derivative contracts" } } }, "localname": "DerivativeNumberOfInstrumentsHeld", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "us-gaap_DerivativeTable": { "auth_ref": [ "r302", "r304", "r305", "r306", "r307", "r313", "r315", "r321", "r322", "r324", "r325" ], "lang": { "en-us": { "role": { "documentation": "Schedule that describes and identifies a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.", "label": "Derivative [Table]", "terseLabel": "Fair Value Disclosure of Asset and Liability Not Measured at Fair Value [Table]" } } }, "localname": "DerivativeTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeTermOfContract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Period the derivative contract is outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Derivative, Term of Contract", "terseLabel": "Derivative, term" } } }, "localname": "DerivativeTermOfContract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "durationItemType" }, "us-gaap_DerivativesAndFairValueTextBlock": { "auth_ref": [ "r329", "r335" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for derivatives and fair value of assets and liabilities.", "label": "Derivatives and Fair Value [Text Block]", "terseLabel": "Fair Value of Financial Instruments and Derivatives Instruments" } } }, "localname": "DerivativesAndFairValueTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstruments" ], "xbrltype": "textBlockItemType" }, "us-gaap_DirectOperatingMaintenanceSuppliesCosts": { "auth_ref": [ "r78" ], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 4.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Costs of maintenance supplies used that are directly related to goods produced and sold, or services rendered, during the reporting period.", "label": "Direct Operating Maintenance Supplies Costs", "terseLabel": "Spares, stores and provisions" } } }, "localname": "DirectOperatingMaintenanceSuppliesCosts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DirectTaxesAndLicensesCosts": { "auth_ref": [ "r77" ], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 6.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of tax incurred and cost of license directly related to good produced or service rendered.", "label": "Cost, Direct Tax and License", "terseLabel": "Taxes" } } }, "localname": "DirectTaxesAndLicensesCosts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DisaggregationOfRevenueLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Disaggregation of Revenue [Line Items]", "terseLabel": "Disaggregation of Revenue [Line Items]" } } }, "localname": "DisaggregationOfRevenueLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DisaggregationOfRevenueTable": { "auth_ref": [ "r270", "r272", "r273", "r274", "r275", "r276", "r277", "r278" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.", "label": "Disaggregation of Revenue [Table]", "terseLabel": "Disaggregation of Revenue [Table]" } } }, "localname": "DisaggregationOfRevenueTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Discontinued Operations and Disposal Groups [Abstract]", "terseLabel": "Discontinued Operations and Disposal Groups [Abstract]" } } }, "localname": "DiscontinuedOperationsAndDisposalGroupsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation.", "label": "Disposal Group, Including Discontinued Operation, Consideration", "terseLabel": "Sale price of the vessel" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationConsideration", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent": { "auth_ref": [ "r1", "r2", "r9", "r166", "r174" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount classified as property, plant and equipment attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.", "label": "Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current", "terseLabel": "Carrying value of the vessel" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock": { "auth_ref": [ "r15", "r177" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.", "label": "Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]", "terseLabel": "Assets Held for Sale" } } }, "localname": "DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSale" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain": { "auth_ref": [ "r288", "r290" ], "lang": { "en-us": { "role": { "documentation": "Name of disposal group.", "label": "Disposal Group Name [Domain]", "terseLabel": "Disposal Group Name [Domain]" } } }, "localname": "DisposalGroupsIncludingDiscontinuedOperationsNameDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DividendsCashAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Dividends, Cash [Abstract]", "terseLabel": "Dividend declaration" } } }, "localname": "DividendsCashAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DividendsPayableAmountPerShare": { "auth_ref": [ "r97" ], "lang": { "en-us": { "role": { "documentation": "The per share amount of a dividend declared, but not paid, as of the financial reporting date.", "label": "Dividends Payable, Amount Per Share", "terseLabel": "Dividends payable (in USD per share)" } } }, "localname": "DividendsPayableAmountPerShare", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_DividendsPayableCurrentAndNoncurrent": { "auth_ref": [ "r28", "r30", "r388", "r401" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding.", "label": "Dividends Payable", "terseLabel": "Dividends payable" } } }, "localname": "DividendsPayableCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DividendsPreferredStockCash": { "auth_ref": [ "r263", "r396" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash.", "label": "Dividends, Preferred Stock, Cash", "negatedLabel": "Preferred share dividends declared" } } }, "localname": "DividendsPreferredStockCash", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_DueToRelatedPartiesCurrent": { "auth_ref": [ "r45", "r107", "r192", "r194", "r195", "r199", "r200", "r201", "r362" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).", "label": "Due to Related Parties, Current", "terseLabel": "Due to Manager", "verboseLabel": "Due to manager" } } }, "localname": "DueToRelatedPartiesCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_EarningsPerShareAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Earnings Per Share [Abstract]", "terseLabel": "Earnings Per Share [Abstract]" } } }, "localname": "EarningsPerShareAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareBasic": { "auth_ref": [ "r76", "r117", "r118", "r119", "r120", "r121", "r125", "r128", "r137", "r138", "r139", "r143", "r144", "r327", "r328", "r393", "r408" ], "lang": { "en-us": { "role": { "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.", "label": "Earnings Per Share, Basic", "terseLabel": "(Loss)/earnings per share in U.S. Dollars, basic (in USD per share)" } } }, "localname": "EarningsPerShareBasic", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareBasicAndDilutedAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Earnings Per Share, Basic and Diluted [Abstract]", "terseLabel": "Earnings Per Share, Basic and Diluted [Abstract]" } } }, "localname": "EarningsPerShareBasicAndDilutedAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareDiluted": { "auth_ref": [ "r76", "r117", "r118", "r119", "r120", "r121", "r128", "r137", "r138", "r139", "r143", "r144", "r327", "r328", "r393", "r408" ], "lang": { "en-us": { "role": { "documentation": "The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share, Diluted", "terseLabel": "(Loss)/earnings per share in U.S. Dollars, diluted (in USD per share)" } } }, "localname": "EarningsPerShareDiluted", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareTextBlock": { "auth_ref": [ "r140", "r141", "r142", "r145" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for earnings per share.", "label": "Earnings Per Share [Text Block]", "terseLabel": "(Loss)/Earnings Per Share" } } }, "localname": "EarningsPerShareTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShare" ], "xbrltype": "textBlockItemType" }, "us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r344" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies. Excludes amounts for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "terseLabel": "Effect of exchange rate changes on cash, cash equivalents and restricted cash" } } }, "localname": "EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Equity [Abstract]", "terseLabel": "Equity [Abstract]" } } }, "localname": "EquityAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r0", "r71", "r72", "r73", "r112", "r113", "r114", "r116", "r122", "r124", "r146", "r164", "r256", "r263", "r292", "r293", "r294", "r296", "r297", "r326", "r345", "r346", "r347", "r348", "r349", "r350", "r412", "r413", "r414", "r426" ], "lang": { "en-us": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc.", "label": "Equity Component [Domain]", "terseLabel": "Equity Component [Domain]" } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]", "terseLabel": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable": { "auth_ref": [ "r330", "r331", "r332", "r334" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about asset and liability measured at fair value on recurring and nonrecurring basis.", "label": "Fair Value, Recurring and Nonrecurring [Table]", "terseLabel": "Fair Value, Recurring and Nonrecurring [Table]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]", "terseLabel": "Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]" } } }, "localname": "FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByBalanceSheetGroupingTable": { "auth_ref": [ "r330", "r337", "r338" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.", "label": "Fair Value, by Balance Sheet Grouping [Table]", "terseLabel": "Fair Value, by Balance Sheet Grouping [Table]" } } }, "localname": "FairValueByBalanceSheetGroupingTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r217", "r231", "r232", "r280", "r281", "r282", "r283", "r284", "r285", "r286", "r287", "r331", "r372", "r373", "r374" ], "lang": { "en-us": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value Hierarchy and NAV [Axis]", "terseLabel": "Fair Value Hierarchy and NAV [Axis]" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosureAssetAndLiabilityNotMeasuredAtFairValueLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]", "terseLabel": "Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]" } } }, "localname": "FairValueDisclosureAssetAndLiabilityNotMeasuredAtFairValueLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Fair Value Disclosures [Abstract]", "terseLabel": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_FairValueInputsLevel2Member": { "auth_ref": [ "r217", "r231", "r232", "r280", "r281", "r286", "r287", "r331", "r373" ], "lang": { "en-us": { "role": { "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets.", "label": "Fair Value, Inputs, Level 2 [Member]", "terseLabel": "Fair Value, Inputs, Level 2" } } }, "localname": "FairValueInputsLevel2Member", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [ "r217", "r231", "r232", "r280", "r281", "r282", "r283", "r284", "r285", "r286", "r287", "r372", "r373", "r374" ], "lang": { "en-us": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value.", "label": "Fair Value Hierarchy and NAV [Domain]", "terseLabel": "Fair Value Hierarchy and NAV [Domain]" } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsValuationofCompanysFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable": { "auth_ref": [ "r308", "r313", "r323" ], "lang": { "en-us": { "role": { "documentation": "Schedule that discloses the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.", "label": "Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]", "terseLabel": "Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]" } } }, "localname": "FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ForeignCurrencyTransactionGainLossBeforeTax": { "auth_ref": [ "r340", "r341", "r342", "r343" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 6.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement.", "label": "Foreign Currency Transaction Gain (Loss), before Tax", "terseLabel": "Foreign currency gain/(loss)" } } }, "localname": "ForeignCurrencyTransactionGainLossBeforeTax", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForeignCurrencyTransactionGainLossUnrealized": { "auth_ref": [ "r94", "r342", "r343" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 17.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement.", "label": "Foreign Currency Transaction Gain (Loss), Unrealized", "negatedLabel": "Unrealized foreign exchange (gain)/loss" } } }, "localname": "ForeignCurrencyTransactionGainLossUnrealized", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForeignExchangeContractMember": { "auth_ref": [ "r66", "r280", "r318" ], "lang": { "en-us": { "role": { "documentation": "Derivative instrument whose primary underlying risk is tied to foreign exchange rates.", "label": "Foreign Exchange Contract [Member]", "terseLabel": "Foreign Exchange Agreements" } } }, "localname": "ForeignExchangeContractMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_GainLossOnContractTermination": { "auth_ref": [ "r94" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 5.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Gain (loss) related to the termination of a contract between the parties. The termination may be due to many causes including early termination of a lease by a lessee, a breach of contract by one party, or a failure to perform.", "label": "Gain (Loss) on Contract Termination", "terseLabel": "Early redelivery income" } } }, "localname": "GainLossOnContractTermination", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_GainLossOnDispositionOfAssets": { "auth_ref": [ "r93", "r165", "r172" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 2.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property.", "label": "Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property", "negatedTerseLabel": "Gain on sale of vessels", "terseLabel": "Gain on sale of vessels" } } }, "localname": "GainLossOnDispositionOfAssets", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_GeneralAndAdministrativeExpenseAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "General and Administrative Expense [Abstract]", "terseLabel": "General and administrative expenses" } } }, "localname": "GeneralAndAdministrativeExpenseAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "stringItemType" }, "us-gaap_HedgingDesignationAxis": { "auth_ref": [ "r306", "r320" ], "lang": { "en-us": { "role": { "documentation": "Information by designation of purpose of derivative instrument.", "label": "Hedging Designation [Axis]", "terseLabel": "Hedging Designation [Axis]" } } }, "localname": "HedgingDesignationAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_HedgingDesignationDomain": { "auth_ref": [ "r306" ], "lang": { "en-us": { "role": { "documentation": "Designation of purpose of derivative instrument.", "label": "Hedging Designation [Domain]", "terseLabel": "Hedging Designation [Domain]" } } }, "localname": "HedgingDesignationDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeStatementAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Income Statement [Abstract]", "terseLabel": "Income Statement [Abstract]" } } }, "localname": "IncomeStatementAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis": { "auth_ref": [ "r288", "r290" ], "lang": { "en-us": { "role": { "documentation": "Information by name of disposal group.", "label": "Disposal Group Name [Axis]", "terseLabel": "Disposal Group Name [Axis]" } } }, "localname": "IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]", "terseLabel": "Discontinued Operations and Disposal Groups [Abstract]" } } }, "localname": "IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable": { "auth_ref": [ "r2", "r3", "r4", "r5", "r6", "r7", "r8", "r10", "r12", "r13", "r14", "r175", "r176" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.", "label": "Disposal Groups, Including Discontinued Operations [Table]", "terseLabel": "Discontinued Operations and Disposal Groups [Abstract]" } } }, "localname": "IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/AssetsHeldforSaleDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementLocationAxis": { "auth_ref": [ "r173", "r178" ], "lang": { "en-us": { "role": { "documentation": "Information by location in the income statement.", "label": "Income Statement Location [Axis]", "terseLabel": "Income Statement Location [Axis]" } } }, "localname": "IncomeStatementLocationAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementLocationDomain": { "auth_ref": [ "r178" ], "lang": { "en-us": { "role": { "documentation": "Location in the income statement.", "label": "Income Statement Location [Domain]", "terseLabel": "Income Statement Location [Domain]" } } }, "localname": "IncomeStatementLocationDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the obligations due for goods and services provided by the following types of related parties: a parent company and its subsidiaries, subsidiaries of a common parent, an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management, an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence.", "label": "Increase (Decrease) in Accounts Payable, Related Parties", "terseLabel": "Due to Manager" } } }, "localname": "IncreaseDecreaseInAccountsPayableRelatedParties", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsPayableTrade": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Change in recurring obligations of a business that arise from the acquisition of merchandise, materials, supplies and services used in the production and sale of goods and services.", "label": "Increase (Decrease) in Accounts Payable, Trade", "terseLabel": "Trade accounts payable" } } }, "localname": "IncreaseDecreaseInAccountsPayableTrade", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsReceivable": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.", "label": "Increase (Decrease) in Accounts Receivable", "negatedLabel": "Accounts receivable" } } }, "localname": "IncreaseDecreaseInAccountsReceivable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 10.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the amount due to the reporting entity for good and services provided to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, member of their immediate families, affiliates, or other parties with the ability to exert significant influence.", "label": "Increase (Decrease) in Accounts Receivable, Related Parties", "negatedLabel": "Due from Manager" } } }, "localname": "IncreaseDecreaseInAccountsReceivableRelatedParties", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccruedLiabilities": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.", "label": "Increase (Decrease) in Accrued Liabilities", "terseLabel": "Accrued liabilities" } } }, "localname": "IncreaseDecreaseInAccruedLiabilities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInContractWithCustomerLiability": { "auth_ref": [ "r92", "r383" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 13.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in obligation to transfer good or service to customer for which consideration has been received or is receivable.", "label": "Increase (Decrease) in Contract with Customer, Liability", "terseLabel": "Unearned revenue" } } }, "localname": "IncreaseDecreaseInContractWithCustomerLiability", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInInventories": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 11.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.", "label": "Increase (Decrease) in Inventories", "negatedLabel": "Inventories" } } }, "localname": "IncreaseDecreaseInInventories", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOperatingCapitalAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Increase (Decrease) in Operating Capital [Abstract]", "terseLabel": "Change in:" } } }, "localname": "IncreaseDecreaseInOperatingCapitalAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in noncurrent operating liabilities classified as other.", "label": "Increase (Decrease) in Other Noncurrent Liabilities", "terseLabel": "Other non-current liabilities" } } }, "localname": "IncreaseDecreaseInOtherNoncurrentLiabilities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOtherReceivables": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 16.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in receivables classified as other.", "label": "Increase (Decrease) in Other Receivables", "negatedLabel": "Accrued revenue" } } }, "localname": "IncreaseDecreaseInOtherReceivables", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 15.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in prepaid expenses, and assets classified as other.", "label": "Increase (Decrease) in Prepaid Expense and Other Assets", "negatedLabel": "Prepaid expenses and other current assets" } } }, "localname": "IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInStockholdersEquityRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Increase (Decrease) in Stockholders' Equity [Roll Forward]", "terseLabel": "Increase (Decrease) in Stockholders' Equity [Roll Forward]" } } }, "localname": "IncreaseDecreaseInStockholdersEquityRollForward", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_IncreaseInCarryingAmountOfRedeemablePreferredStock": { "auth_ref": [ "r237" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Adjustment to retained earnings for the increase in carrying amount of redeemable preferred stock that is classified as temporary equity.", "label": "Increase in Carrying Amount of Redeemable Preferred Stock", "negatedLabel": "Mezzanine equity measurement" } } }, "localname": "IncreaseInCarryingAmountOfRedeemablePreferredStock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestExpense": { "auth_ref": [ "r74", "r152", "r352", "r355", "r394" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the cost of borrowed funds accounted for as interest expense.", "label": "Interest Expense", "negatedLabel": "Interest expense" } } }, "localname": "InterestExpense", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestPaidNet": { "auth_ref": [ "r88", "r90", "r96" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.", "label": "Interest Paid, Excluding Capitalized Interest, Operating Activities", "terseLabel": "Cash paid for interest (excluding capitalized interest):" } } }, "localname": "InterestPaidNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestRateContractMember": { "auth_ref": [ "r66", "r280", "r317" ], "lang": { "en-us": { "role": { "documentation": "Derivative instrument whose primary underlying risk is tied to the right to receive or pay a sum of money at a given interest rate.", "label": "Interest Rate Contract [Member]", "terseLabel": "Interest Rate Contracts" } } }, "localname": "InterestRateContractMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsAmountofGainLossRecognizedonDerivativesDetails", "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_InterestRateSwapMember": { "auth_ref": [ "r317" ], "lang": { "en-us": { "role": { "documentation": "Forward based contracts in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period.", "label": "Interest Rate Swap [Member]", "terseLabel": "Interest Rate Swap" } } }, "localname": "InterestRateSwapMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDetailsofInterestRateSwapTransactionsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_InventoryNet": { "auth_ref": [ "r18", "r57", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.", "label": "Inventory, Net", "terseLabel": "Inventories" } } }, "localname": "InventoryNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentIncomeInterest": { "auth_ref": [ "r80", "r151" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 4.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.", "label": "Investment Income, Interest", "terseLabel": "Interest income" } } }, "localname": "InvestmentIncomeInterest", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r48", "r106", "r156", "r163", "r189", "r190", "r191", "r194", "r195", "r196", "r197", "r198", "r200", "r201", "r299", "r300", "r301", "r339", "r366", "r367" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Liabilities", "totalLabel": "Total liabilities" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r38", "r106", "r163", "r339", "r368", "r390", "r404" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities and Equity", "totalLabel": "Total liabilities, mezzanine equity and shareholders\u2019 equity" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities and Equity [Abstract]", "terseLabel": "LIABILITIES AND SHAREHOLDERS\u2019 EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesCurrent": { "auth_ref": [ "r50", "r106", "r163", "r189", "r190", "r191", "r194", "r195", "r196", "r197", "r198", "r200", "r201", "r299", "r300", "r301", "r339", "r366", "r367", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.", "label": "Liabilities, Current", "totalLabel": "Total current liabilities" } } }, "localname": "LiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities, Current [Abstract]", "terseLabel": "CURRENT LIABILITIES:" } } }, "localname": "LiabilitiesCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesNoncurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities, Noncurrent [Abstract]", "terseLabel": "LONG-TERM LIABILITIES" } } }, "localname": "LiabilitiesNoncurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation": { "auth_ref": [ "r1", "r2", "r9", "r11", "r14", "r174" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 2.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount classified as liabilities attributable to disposal group held for sale or disposed of.", "label": "Disposal Group, Including Discontinued Operation, Liabilities", "terseLabel": "Liability directly associated with asset held for sale" } } }, "localname": "LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent": { "auth_ref": [ "r1", "r2", "r9", "r11", "r14", "r166", "r174" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount classified as liabilities attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.", "label": "Disposal Group, Including Discontinued Operation, Liabilities, Current", "terseLabel": "Liability directly associated with assets held for sale" } } }, "localname": "LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Line of Credit Facility [Line Items]", "terseLabel": "Line of Credit Facility [Line Items]" } } }, "localname": "LineOfCreditFacilityLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity": { "auth_ref": [ "r46" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.", "label": "Line of Credit Facility, Maximum Borrowing Capacity", "terseLabel": "Line of credit facility" } } }, "localname": "LineOfCreditFacilityMaximumBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity": { "auth_ref": [ "r46" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).", "label": "Line of Credit Facility, Remaining Borrowing Capacity", "terseLabel": "Borrowing capacity outstanding" } } }, "localname": "LineOfCreditFacilityRemainingBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityTable": { "auth_ref": [ "r46", "r105" ], "lang": { "en-us": { "role": { "documentation": "A table or schedule providing information pertaining to short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.", "label": "Line of Credit Facility [Table]", "terseLabel": "Line of Credit Facility [Table]" } } }, "localname": "LineOfCreditFacilityTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LineOfCreditMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A contractual arrangement with a lender under which borrowings can be made up to a specific amount at any point in time, and under which borrowings outstanding may be either short-term or long-term, depending upon the particulars.", "label": "Line of Credit [Member]", "terseLabel": "Line of credit" } } }, "localname": "LineOfCreditMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LongTermDebt": { "auth_ref": [ "r29", "r216", "r230", "r231", "r232", "r389", "r402" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt", "totalLabel": "Total" } } }, "localname": "LongTermDebt", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails", "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtCurrent": { "auth_ref": [ "r47" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 1.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt, Current Maturities", "terseLabel": "Current portion of Long-term debt" } } }, "localname": "LongTermDebtCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtFairValue": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.", "label": "Long-term Debt, Fair Value", "terseLabel": "Fair value of debt outstanding" } } }, "localname": "LongTermDebtFairValue", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive": { "auth_ref": [ "r110", "r187", "r221" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": 3.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing after fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, after Year Five", "terseLabel": "2027 and thereafter" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths": { "auth_ref": [ "r110", "r187", "r221" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": 2.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year One", "terseLabel": "2022" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive": { "auth_ref": [ "r110", "r187", "r221" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": 1.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year Five", "terseLabel": "2026" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour": { "auth_ref": [ "r110", "r187", "r221" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": 6.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year Four", "terseLabel": "2025" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree": { "auth_ref": [ "r110", "r187", "r221" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": 5.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year Three", "terseLabel": "2024" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo": { "auth_ref": [ "r110", "r187", "r221" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails": { "order": 4.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year Two", "terseLabel": "2023" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAnnualPrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Debt arrangement having an initial term longer than one year or beyond the normal operating cycle, if longer.", "label": "Long-term Debt [Member]", "terseLabel": "Long-term Debt" } } }, "localname": "LongTermDebtMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LongTermDebtNoncurrent": { "auth_ref": [ "r51" ], "calculation": { "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails": { "order": 3.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt, Excluding Current Maturities", "terseLabel": "Long-term debt" } } }, "localname": "LongTermDebtNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtScheduleofDebtDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtTerm": { "auth_ref": [ "r333" ], "lang": { "en-us": { "role": { "documentation": "Period between issuance and maturity of long-term debt, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Long-term Debt, Term", "terseLabel": "Long-term debt, tenor" } } }, "localname": "LongTermDebtTerm", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "durationItemType" }, "us-gaap_LongtermDebtTypeAxis": { "auth_ref": [ "r51" ], "lang": { "en-us": { "role": { "documentation": "Information by type of long-term debt.", "label": "Long-term Debt, Type [Axis]", "terseLabel": "Long-term Debt, Type [Axis]" } } }, "localname": "LongtermDebtTypeAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LongtermDebtTypeDomain": { "auth_ref": [ "r51", "r188" ], "lang": { "en-us": { "role": { "documentation": "Type of long-term debt arrangement, such as notes, line of credit, commercial paper, asset-based financing, project financing, letter of credit financing. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Long-term Debt, Type [Domain]", "terseLabel": "Long-term Debt, Type [Domain]" } } }, "localname": "LongtermDebtTypeDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r89" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided by (Used in) Financing Activities", "totalLabel": "Net Cash Used in Financing Activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Net Cash Provided by (Used in) Financing Activities [Abstract]", "terseLabel": "Cash Flows from Financing Activities:" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r89" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided by (Used in) Investing Activities", "totalLabel": "Net Used in Investing Activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Net Cash Provided by (Used in) Investing Activities [Abstract]", "terseLabel": "Cash Flows from Investing Activities:" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r89", "r91", "r94" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided by (Used in) Operating Activities", "totalLabel": "Net Cash Provided by Operating Activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Net Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Cash Flows from Operating Activities:" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r14", "r69", "r70", "r73", "r75", "r94", "r106", "r115", "r117", "r118", "r119", "r120", "r123", "r124", "r135", "r153", "r154", "r157", "r158", "r160", "r163", "r189", "r190", "r191", "r194", "r195", "r196", "r197", "r198", "r200", "r201", "r328", "r339", "r392", "r407" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net Income (Loss) Attributable to Parent", "terseLabel": "Net (loss)/income", "totalLabel": "Net (loss)/income" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic": { "auth_ref": [ "r117", "r118", "r119", "r120", "r125", "r126", "r136", "r139", "r153", "r154", "r157", "r158", "r160" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders.", "label": "Net Income (Loss) Available to Common Stockholders, Basic", "totalLabel": "Net (loss)/income available to common shareholders, basic" } } }, "localname": "NetIncomeLossAvailableToCommonStockholdersBasic", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted": { "auth_ref": [ "r127", "r130", "r131", "r132", "r133", "r136", "r139" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders.", "label": "Net Income (Loss) Available to Common Stockholders, Diluted", "totalLabel": "Net (loss)/income available to common shareholders, diluted" } } }, "localname": "NetIncomeLossAvailableToCommonStockholdersDiluted", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.", "label": "New Accounting Pronouncements, Policy [Policy Text Block]", "terseLabel": "Recent Accounting Pronouncements" } } }, "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NoncashInvestingAndFinancingItemsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Noncash Investing and Financing Items [Abstract]", "terseLabel": "Non Cash Investing and Financing Activities:" } } }, "localname": "NoncashInvestingAndFinancingItemsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NondesignatedMember": { "auth_ref": [ "r306" ], "lang": { "en-us": { "role": { "documentation": "Derivative instrument not designated as hedging instrument under Generally Accepted Accounting Principles (GAAP).", "label": "Not Designated as Hedging Instrument [Member]", "terseLabel": "Not designated as hedging instrument" } } }, "localname": "NondesignatedMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsDerivativesNotDesignatedasHedgingInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_NonoperatingIncomeExpenseAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Nonoperating Income (Expense) [Abstract]", "terseLabel": "OTHER (EXPENSE)/INCOME:" } } }, "localname": "NonoperatingIncomeExpenseAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "stringItemType" }, "us-gaap_OperatingCostsAndExpenses": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 4.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 }, "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.", "label": "Operating Costs and Expenses", "negatedLabel": "Vessel operating expenses", "totalLabel": "Total" } } }, "localname": "OperatingCostsAndExpenses", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations", "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingExpensesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Operating Expenses [Abstract]", "terseLabel": "Operating Expenses [Abstract]" } } }, "localname": "OperatingExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_OperatingIncomeLoss": { "auth_ref": [ "r153", "r154", "r157", "r158", "r160" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The net result for the period of deducting operating expenses from operating revenues.", "label": "Operating Income (Loss)", "totalLabel": "Operating (loss)/income" } } }, "localname": "OperatingIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingInsuranceAndClaimsCostsProduction": { "auth_ref": [ "r78" ], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 2.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Insurance and claims costs directly related to goods produced and sold, or services rendered, during the reporting period.", "label": "Operating Insurance and Claims Costs, Production", "terseLabel": "Insurance" } } }, "localname": "OperatingInsuranceAndClaimsCostsProduction", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Organization, Consolidation and Presentation of Financial Statements [Abstract]", "terseLabel": "Organization, Consolidation and Presentation of Financial Statements [Abstract]" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_OtherAssetsNoncurrent": { "auth_ref": [ "r44" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of noncurrent assets classified as other.", "label": "Other Assets, Noncurrent", "terseLabel": "Other non current assets" } } }, "localname": "OtherAssetsNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherCostAndExpenseOperating": { "auth_ref": [ "r79" ], "calculation": { "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails": { "order": 7.0, "parentTag": "us-gaap_OperatingCostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation.", "label": "Other Cost and Expense, Operating", "terseLabel": "Miscellaneous" } } }, "localname": "OtherCostAndExpenseOperating", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselOperatingExpensesScheduleofOperatingExpensesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherIncome": { "auth_ref": [ "r409" ], "calculation": { "http://www.safebulkers.com/role/RevenuesRevenuesDetails": { "order": 1.0, "parentTag": "sb_TimeCharterAndVoyageRevenue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of revenue and income classified as other.", "label": "Other Income", "terseLabel": "Other income" } } }, "localname": "OtherIncome", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/RevenuesRevenuesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilitiesNoncurrent": { "auth_ref": [ "r52" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer.", "label": "Other Liabilities, Noncurrent", "terseLabel": "Other non-current liabilities" } } }, "localname": "OtherLiabilitiesNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherNonoperatingIncomeExpense": { "auth_ref": [ "r81" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 3.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of income (expense) related to nonoperating activities, classified as other.", "label": "Other Nonoperating Income (Expense)", "terseLabel": "Other finance cost" } } }, "localname": "OtherNonoperatingIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfCommonStock": { "auth_ref": [ "r85" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow to reacquire common stock during the period.", "label": "Payments for Repurchase of Common Stock", "negatedLabel": "Repurchase of common stock" } } }, "localname": "PaymentsForRepurchaseOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock": { "auth_ref": [ "r85" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for reacquisition of callable preferred stock.", "label": "Payments for Repurchase of Redeemable Preferred Stock", "negatedLabel": "Repurchase/redemption of preferred stock" } } }, "localname": "PaymentsForRepurchaseOfRedeemablePreferredStock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock": { "auth_ref": [ "r85" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash outflow in the form of ordinary dividends to preferred shareholders of the parent entity.", "label": "Payments of Ordinary Dividends, Preferred Stock and Preference Stock", "terseLabel": "Payments of ordinary dividends, preferred stock and preference stock" } } }, "localname": "PaymentsOfDividendsPreferredStockAndPreferenceStock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfFinancingCosts": { "auth_ref": [ "r87" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for loan and debt issuance costs.", "label": "Payments of Financing Costs", "negatedLabel": "Payment of deferred financing costs" } } }, "localname": "PaymentsOfFinancingCosts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfOrdinaryDividends": { "auth_ref": [ "r85" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Cash outflow in the form of ordinary dividends to common shareholders, preferred shareholders and noncontrolling interests, generally out of earnings.", "label": "Payments of Ordinary Dividends", "negatedLabel": "Dividends paid" } } }, "localname": "PaymentsOfOrdinaryDividends", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfStockIssuanceCosts": { "auth_ref": [ "r87" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for cost incurred directly with the issuance of an equity security.", "label": "Payments of Stock Issuance Costs", "negatedTerseLabel": "Payment of common stock offering expenses" } } }, "localname": "PaymentsOfStockIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PreferredStockDividendsIncomeStatementImpact": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 3.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders.", "label": "Preferred Stock Dividends, Income Statement Impact", "terseLabel": "Less Preferred dividend", "verboseLabel": "Less preferred dividend" } } }, "localname": "PreferredStockDividendsIncomeStatementImpact", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_PreferredStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Preferred shares may provide a preferential dividend to the dividend on common stock and may take precedence over common stock in the event of a liquidation. Preferred shares typically represent an ownership interest in the company.", "label": "Preferred Stock [Member]", "terseLabel": "Preferred Stock" } } }, "localname": "PreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_PreferredStockParOrStatedValuePerShare": { "auth_ref": [ "r32", "r240" ], "lang": { "en-us": { "role": { "documentation": "Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.", "label": "Preferred Stock, Par or Stated Value Per Share", "terseLabel": "Preferred stock, par value (in USD per share)" } } }, "localname": "PreferredStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockSharesAuthorized": { "auth_ref": [ "r32" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.", "label": "Preferred Stock, Shares Authorized", "verboseLabel": "Preferred stock, shares authorized (in shares)" } } }, "localname": "PreferredStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesIssued": { "auth_ref": [ "r32", "r240" ], "lang": { "en-us": { "role": { "documentation": "Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.", "label": "Preferred Stock, Shares Issued", "terseLabel": "Preferred stock, issued (in shares)" } } }, "localname": "PreferredStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesOutstanding": { "auth_ref": [ "r32" ], "lang": { "en-us": { "role": { "documentation": "Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.", "label": "Preferred Stock, Shares Outstanding", "verboseLabel": "Preferred stock, shares outstanding (in shares)" } } }, "localname": "PreferredStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockValue": { "auth_ref": [ "r32", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Preferred Stock, Value, Issued", "terseLabel": "Preferred stock, $0.01 par value; 20,000,000 authorized, 2,297,504 and 2,297,504 Series C Preferred Shares, 3,195,050 and 3,195,050 Series D Preferred Shares, issued and outstanding at December 31, 2020 and September 30, 2021, respectively" } } }, "localname": "PreferredStockValue", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PrepaidExpenseAndOtherAssetsCurrent": { "auth_ref": [ "r19", "r39", "r40" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 8.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.", "label": "Prepaid Expense and Other Assets, Current", "terseLabel": "Prepaid expenses and other current assets" } } }, "localname": "PrepaidExpenseAndOtherAssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PrivatePlacementMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A private placement is a direct offering of securities to a limited number of sophisticated investors such as insurance companies, pension funds, mezzanine funds, stock funds and trusts.", "label": "Private Placement [Member]", "terseLabel": "Private Placement" } } }, "localname": "PrivatePlacementMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ProceedsFromIssuanceOfCommonStock": { "auth_ref": [ "r83" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow from the additional capital contribution to the entity.", "label": "Proceeds from Issuance of Common Stock", "terseLabel": "Proceeds on issuance of common stock" } } }, "localname": "ProceedsFromIssuanceOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfLongTermDebt": { "auth_ref": [ "r84" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer.", "label": "Proceeds from Issuance of Long-term Debt", "terseLabel": "Proceeds from long-term debt" } } }, "localname": "ProceedsFromIssuanceOfLongTermDebt", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment": { "auth_ref": [ "r82" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.", "label": "Proceeds from Sale of Property, Plant, and Equipment", "terseLabel": "Proceeds from sale of vessels" } } }, "localname": "ProceedsFromSaleOfPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Property, Plant and Equipment [Abstract]", "terseLabel": "Property, Plant and Equipment [Abstract]" } } }, "localname": "PropertyPlantAndEquipmentAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock": { "auth_ref": [ "r177", "r419", "r420", "r421" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.", "label": "Property, Plant and Equipment Disclosure [Text Block]", "terseLabel": "Vessels, Net" } } }, "localname": "PropertyPlantAndEquipmentDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNet" ], "xbrltype": "textBlockItemType" }, "us-gaap_PropertyPlantAndEquipmentGross": { "auth_ref": [ "r42", "r168" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property, Plant and Equipment, Gross", "periodEndLabel": "Ending Balance", "periodStartLabel": "Beginning Balance" } } }, "localname": "PropertyPlantAndEquipmentGross", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentGrossAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Property, Plant and Equipment, Gross [Abstract]", "terseLabel": "Vessel Cost" } } }, "localname": "PropertyPlantAndEquipmentGrossAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentNet": { "auth_ref": [ "r24", "r25", "r170", "r368", "r395", "r405" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "sb_FixedAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property, Plant and Equipment, Net", "periodEndLabel": "Ending Balance", "periodStartLabel": "Beginning Balance", "terseLabel": "Vessels, net" } } }, "localname": "PropertyPlantAndEquipmentNet", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets", "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentNetAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Property, Plant and Equipment, Net [Abstract]", "terseLabel": "Net Book Value" } } }, "localname": "PropertyPlantAndEquipmentNetAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentTransfersAndChanges": { "auth_ref": [ "r171" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) of physical assets used in the normal conduct of business and not intended for resale, from reclassification, impairment, donation, or changes classified as other. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property, Plant and Equipment, Transfers and Changes", "terseLabel": "Transfer from Advances for vessels (Note 5)" } } }, "localname": "PropertyPlantAndEquipmentTransfersAndChanges", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/VesselsNetScheduleofVesselsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyTransactionDueFromToRelatedPartyCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Related Party Transaction, Due from (to) Related Party, Current [Abstract]", "terseLabel": "Related Party Transaction, Due from (to) Related Party, Current [Abstract]" } } }, "localname": "RelatedPartyTransactionDueFromToRelatedPartyCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTheManagersDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 8.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of selling, general and administrative expenses resulting from transactions, excluding transactions that are eliminated in consolidated or combined financial statements, with related party.", "label": "Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party", "negatedLabel": "Management fee to related parties", "verboseLabel": "Ship Management Fees" } } }, "localname": "RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesScheduleofFeesChargedbyManagersDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyTransactionsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Related Party Transactions [Abstract]", "terseLabel": "Related Party Transactions [Abstract]" } } }, "localname": "RelatedPartyTransactionsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsDisclosureTextBlock": { "auth_ref": [ "r360", "r361", "r362", "r364", "r365" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "Related Party Transactions Disclosure [Text Block]", "terseLabel": "Transactions with Related Parties" } } }, "localname": "RelatedPartyTransactionsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedParties" ], "xbrltype": "textBlockItemType" }, "us-gaap_RepaymentsOfLongTermDebt": { "auth_ref": [ "r86" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.", "label": "Repayments of Long-term Debt", "negatedLabel": "Principal payments of long-term debt" } } }, "localname": "RepaymentsOfLongTermDebt", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r17", "r23", "r95", "r100" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash and cash equivalents restricted as to withdrawal or usage, classified as current. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Restricted Cash and Cash Equivalents, Current", "terseLabel": "Restricted cash \u2013 Current assets", "verboseLabel": "Restricted cash" } } }, "localname": "RestrictedCashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedCashAndCashEquivalentsNoncurrent": { "auth_ref": [ "r21", "r26", "r95", "r100", "r417" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash and cash equivalents restricted as to withdrawal or usage, classified as noncurrent. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Restricted Cash and Cash Equivalents, Noncurrent", "terseLabel": "Restricted cash", "verboseLabel": "Restricted cash \u2013 Non current assets" } } }, "localname": "RestrictedCashAndCashEquivalentsNoncurrent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r35", "r263", "r295", "r368", "r403", "r415", "r416" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings (Accumulated Deficit)", "terseLabel": "Retained earnings" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsMember": { "auth_ref": [ "r0", "r112", "r113", "r114", "r116", "r122", "r124", "r164", "r292", "r293", "r294", "r296", "r297", "r326", "r412", "r414" ], "lang": { "en-us": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings [Member]", "terseLabel": "Retained Earnings" } } }, "localname": "RetainedEarningsMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_RevenueRemainingPerformanceObligation": { "auth_ref": [ "r269" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of transaction price allocated to performance obligation that has not been recognized as revenue.", "label": "Revenue, Remaining Performance Obligation, Amount", "terseLabel": "Remaining performance obligation" } } }, "localname": "RevenueRemainingPerformanceObligation", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/RevenuesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenuesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Revenues [Abstract]", "terseLabel": "REVENUES:" } } }, "localname": "RevenuesAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "stringItemType" }, "us-gaap_RevolvingCreditFacilityMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Arrangement in which loan proceeds can continuously be obtained following repayments, but the total amount borrowed cannot exceed a specified maximum amount.", "label": "Revolving Credit Facility [Member]", "terseLabel": "Revolving credit facility" } } }, "localname": "RevolvingCreditFacilityMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SaleLeasebackTransactionDescriptionAxis": { "auth_ref": [ "r358", "r359" ], "lang": { "en-us": { "role": { "documentation": "Information pertinent to a sale and leaseback transaction, by transaction.", "label": "Sale Leaseback Transaction, Description [Axis]", "terseLabel": "Sale Leaseback Transaction, Description [Axis]" } } }, "localname": "SaleLeasebackTransactionDescriptionAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SaleLeasebackTransactionNameDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The name of the significant provisions of the transaction involving the sale of property to another party and the lease of the property back to the seller.", "label": "Sale Leaseback Transaction, Name [Domain]", "terseLabel": "Sale Leaseback Transaction, Name [Domain]" } } }, "localname": "SaleLeasebackTransactionNameDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SaleOfStockNameOfTransactionDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale of the entity's stock, including, but not limited to, initial public offering (IPO) and private placement.", "label": "Sale of Stock [Domain]", "terseLabel": "Sale of Stock [Domain]" } } }, "localname": "SaleOfStockNameOfTransactionDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The number of shares issued or sold by the subsidiary or equity method investee per stock transaction.", "label": "Sale of Stock, Number of Shares Issued in Transaction", "terseLabel": "Number of shares issued in transaction (in shares)" } } }, "localname": "SaleOfStockNumberOfSharesIssuedInTransaction", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ScheduleOfDebtTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.", "label": "Schedule of Debt [Table Text Block]", "terseLabel": "Schedule of Debt" } } }, "localname": "ScheduleOfDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock": { "auth_ref": [ "r309", "r315", "r320" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.", "label": "Derivative Instruments, Gain (Loss) [Table Text Block]", "terseLabel": "Derivative Instruments, Gain (Loss)" } } }, "localname": "ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock": { "auth_ref": [ "r313" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.", "label": "Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]", "terseLabel": "Schedule of Derivative Instruments in Statement of Financial Position, Fair Value" } } }, "localname": "ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock": { "auth_ref": [ "r139" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.", "label": "Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]", "terseLabel": "Computation of Basic Earnings/(Loss) Per Share" } } }, "localname": "ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock": { "auth_ref": [ "r161" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.", "label": "Revenue from External Customers by Products and Services [Table Text Block]", "terseLabel": "Revenues" } } }, "localname": "ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/RevenuesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock": { "auth_ref": [ "r330", "r331" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).", "label": "Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]", "terseLabel": "Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis" } } }, "localname": "ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock": { "auth_ref": [ "r315" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments.", "label": "Schedule of Interest Rate Derivatives [Table Text Block]", "terseLabel": "Schedule of Interest Rate Derivatives" } } }, "localname": "ScheduleOfInterestRateDerivativesTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/FairValueofFinancialInstrumentsandDerivativesInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock": { "auth_ref": [ "r187" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of maturity and sinking fund requirement for long-term debt.", "label": "Schedule of Maturities of Long-term Debt [Table Text Block]", "terseLabel": "Schedule of Maturities of Long-term Debt" } } }, "localname": "ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.", "label": "Schedule of Related Party Transactions [Table Text Block]", "terseLabel": "Schedule of Related Party Transactions" } } }, "localname": "ScheduleOfRelatedPartyTransactionsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/TransactionswithRelatedPartiesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfStockByClassTable": { "auth_ref": [ "r54", "r103", "r147", "r148", "r236", "r238", "r239", "r240", "r241", "r242", "r243", "r245", "r249", "r254", "r257", "r258", "r259", "r260", "r261", "r262", "r263" ], "lang": { "en-us": { "role": { "documentation": "Schedule detailing information related to equity by class of stock. Class of stock includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. It also includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity.", "label": "Schedule of Stock by Class [Table]", "terseLabel": "Schedule of Stock by Class [Table]" } } }, "localname": "ScheduleOfStockByClassTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SecuredDebtMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Collateralized debt obligation backed by, for example, but not limited to, pledge, mortgage or other lien on the entity's assets.", "label": "Secured Debt [Member]", "terseLabel": "Secured debt" } } }, "localname": "SecuredDebtMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LongTermDebtAdditionalInformationDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/TransactionswithRelatedPartiesCreditFacilityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SeriesAPreferredStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Outstanding nonredeemable series A preferred stock or outstanding series A preferred stock. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Series A Preferred Stock [Member]", "terseLabel": "Series A Preferred Stock" } } }, "localname": "SeriesAPreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/DividendsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SeriesCPreferredStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Outstanding nonredeemable series C preferred stock or outstanding series C preferred stock. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Series C Preferred Stock [Member]", "terseLabel": "Series C Preferred Stock" } } }, "localname": "SeriesCPreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "domainItemType" }, "us-gaap_SeriesDPreferredStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Outstanding nonredeemable series D preferred stock or outstanding series D preferred stock. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Series D Preferred Stock [Member]", "terseLabel": "Series D Preferred Stock" } } }, "localname": "SeriesDPreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensation": { "auth_ref": [ "r92" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 9.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of noncash expense for share-based payment arrangement.", "label": "Share-based Payment Arrangement, Noncash Expense", "terseLabel": "Share based compensation" } } }, "localname": "ShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_SignificantAccountingPoliciesTextBlock": { "auth_ref": [ "r101", "r111" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for all significant accounting policies of the reporting entity.", "label": "Significant Accounting Policies [Text Block]", "terseLabel": "Significant Accounting Policies" } } }, "localname": "SignificantAccountingPoliciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SignificantAccountingPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_StatementClassOfStockAxis": { "auth_ref": [ "r31", "r32", "r33", "r103", "r106", "r128", "r129", "r134", "r137", "r139", "r147", "r148", "r149", "r163", "r189", "r194", "r195", "r196", "r200", "r201", "r240", "r241", "r245", "r249", "r256", "r339", "r425" ], "lang": { "en-us": { "role": { "documentation": "Information by the different classes of stock of the entity.", "label": "Class of Stock [Axis]", "terseLabel": "Class of Stock [Axis]" } } }, "localname": "StatementClassOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/DividendsDetails", "http://www.safebulkers.com/role/ShareCapitalDetails", "http://www.safebulkers.com/role/SubsequentEventsDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r0", "r55", "r71", "r72", "r73", "r112", "r113", "r114", "r116", "r122", "r124", "r146", "r164", "r256", "r263", "r292", "r293", "r294", "r296", "r297", "r326", "r345", "r346", "r347", "r348", "r349", "r350", "r412", "r413", "r414", "r426" ], "lang": { "en-us": { "role": { "documentation": "Information by component of equity.", "label": "Equity Components [Axis]", "terseLabel": "Equity Components [Axis]" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]", "terseLabel": "Statement [Line Items]" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Cash Flows [Abstract]", "terseLabel": "Statement of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Financial Position [Abstract]", "terseLabel": "Statement of Financial Position [Abstract]" } } }, "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Stockholders' Equity [Abstract]", "terseLabel": "Statement of Stockholders' Equity [Abstract]" } } }, "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [ "r112", "r113", "r114", "r146", "r384" ], "lang": { "en-us": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]", "terseLabel": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheetsParenthetical", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StockIssued1": { "auth_ref": [ "r97", "r98", "r99" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The fair value of stock issued in noncash financing activities.", "label": "Stock Issued", "terseLabel": "Part payment of vessel advances through issuance of common stock and preferred stock" } } }, "localname": "StockIssued1", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockIssuedDuringPeriodValueNewIssues": { "auth_ref": [ "r32", "r33", "r256", "r263" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.", "label": "Stock Issued During Period, Value, New Issues", "terseLabel": "Issuance of common stock" } } }, "localname": "StockIssuedDuringPeriodValueNewIssues", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationGross": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Value, before forfeiture, of shares issued under share-based payment arrangement. Excludes employee stock ownership plan (ESOP).", "label": "Shares Issued, Value, Share-based Payment Arrangement, before Forfeiture", "terseLabel": "Share based compensation" } } }, "localname": "StockIssuedDuringPeriodValueShareBasedCompensationGross", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchasedAndRetiredDuringPeriodValue": { "auth_ref": [ "r32", "r33", "r256", "r263" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital).", "label": "Stock Repurchased and Retired During Period, Value", "negatedLabel": "Repurchase and cancellation of common and preferred stock" } } }, "localname": "StockRepurchasedAndRetiredDuringPeriodValue", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquity": { "auth_ref": [ "r33", "r36", "r37", "r106", "r162", "r163", "r339", "r368" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.", "label": "Stockholders' Equity Attributable to Parent", "periodEndLabel": "Ending Balance", "periodStartLabel": "Beginning Balance", "totalLabel": "Total shareholders\u2019 equity" } } }, "localname": "StockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Stockholders' Equity Attributable to Parent [Abstract]", "terseLabel": "SHAREHOLDERS\u2019 EQUITY:" } } }, "localname": "StockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquityNoteDisclosureTextBlock": { "auth_ref": [ "r104", "r241", "r244", "r245", "r246", "r247", "r248", "r249", "r250", "r251", "r252", "r253", "r255", "r263", "r265" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.", "label": "Stockholders' Equity Note Disclosure [Text Block]", "verboseLabel": "Share Capital" } } }, "localname": "StockholdersEquityNoteDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/ShareCapital" ], "xbrltype": "textBlockItemType" }, "us-gaap_SubsequentEventLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event.", "label": "Subsequent Event [Line Items]", "terseLabel": "Subsequent Event [Line Items]" } } }, "localname": "SubsequentEventLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventMember": { "auth_ref": [ "r351", "r370" ], "lang": { "en-us": { "role": { "documentation": "Identifies event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event [Member]", "terseLabel": "Subsequent event" } } }, "localname": "SubsequentEventMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventTable": { "auth_ref": [ "r351", "r370" ], "lang": { "en-us": { "role": { "documentation": "Discloses pertinent information about one or more significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued.", "label": "Subsequent Event [Table]", "terseLabel": "Subsequent Event [Table]" } } }, "localname": "SubsequentEventTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeAxis": { "auth_ref": [ "r351", "r370" ], "lang": { "en-us": { "role": { "documentation": "Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Axis]", "terseLabel": "Subsequent Event Type [Axis]" } } }, "localname": "SubsequentEventTypeAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeDomain": { "auth_ref": [ "r351", "r370" ], "lang": { "en-us": { "role": { "documentation": "Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Domain]", "terseLabel": "Subsequent Event Type [Domain]" } } }, "localname": "SubsequentEventTypeDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Subsequent Events [Abstract]", "terseLabel": "Subsequent Events [Abstract]" } } }, "localname": "SubsequentEventsAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventsTextBlock": { "auth_ref": [ "r369", "r371" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.", "label": "Subsequent Events [Text Block]", "terseLabel": "Subsequent Events" } } }, "localname": "SubsequentEventsTextBlock", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/SubsequentEvents" ], "xbrltype": "textBlockItemType" }, "us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Different names of stock transactions and the different attributes of each transaction.", "label": "Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table]", "terseLabel": "Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table]" } } }, "localname": "SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsidiarySaleOfStockAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by type of sale of the entity's stock.", "label": "Sale of Stock [Axis]", "terseLabel": "Sale of Stock [Axis]" } } }, "localname": "SubsidiarySaleOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsidiarySaleOfStockLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Subsidiary, Sale of Stock [Line Items]", "terseLabel": "Subsidiary, Sale of Stock [Line Items]" } } }, "localname": "SubsidiarySaleOfStockLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/BasisofPresentationandGeneralInformationScheduleofSubsidiariesDetails", "http://www.safebulkers.com/role/ShareCapitalDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SupplementalCashFlowInformationAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Supplemental Cash Flow Information [Abstract]", "terseLabel": "Supplemental cash flow information:" } } }, "localname": "SupplementalCashFlowInformationAbstract", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_TemporaryEquityAccretionToRedemptionValueAdjustment": { "auth_ref": [], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations": { "order": 3.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease to net income for accretion of temporary equity to its redemption value to derive net income apportioned to common stockholders.", "label": "Temporary Equity, Accretion to Redemption Value, Adjustment", "terseLabel": "Less/(plus) Mezzanine equity measurement", "verboseLabel": "Less/(plus) mezzanine equity measurement" } } }, "localname": "TemporaryEquityAccretionToRedemptionValueAdjustment", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_TemporaryEquityCarryingAmountAttributableToParent": { "auth_ref": [ "r189", "r194", "r195", "r196", "r200", "r201" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.", "label": "Temporary Equity, Carrying Amount, Attributable to Parent", "terseLabel": "MEZZANINE EQUITY - Redeemable non-controlling interest" } } }, "localname": "TemporaryEquityCarryingAmountAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_TreasuryStockCommonMember": { "auth_ref": [ "r264" ], "lang": { "en-us": { "role": { "documentation": "Previously issued common shares repurchased by the issuing entity and held in treasury.", "label": "Treasury Stock, Common [Member]", "terseLabel": "Treasury Stock" } } }, "localname": "TreasuryStockCommonMember", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain": { "auth_ref": [ "r179", "r180", "r182", "r183" ], "lang": { "en-us": { "role": { "documentation": "General description of the goods or services to be purchased from the counterparty to the unconditional purchase arrangement.", "label": "Unconditional Purchase Obligation, Category of Goods or Services Acquired [Domain]", "terseLabel": "Unconditional Purchase Obligation, Category of Goods or Services Acquired [Domain]" } } }, "localname": "UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UnrealizedGainLossOnDerivatives": { "auth_ref": [ "r93" ], "calculation": { "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows": { "order": 14.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.", "label": "Unrealized Gain (Loss) on Derivatives", "negatedLabel": "Unrealized loss/(gain) on derivatives" } } }, "localname": "UnrealizedGainLossOnDerivatives", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary": { "auth_ref": [ "r180" ], "calculation": { "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails": { "order": 2.0, "parentTag": "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of fixed and determinable portion of unrecorded unconditional purchase obligation to be paid in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Unrecorded Unconditional Purchase Obligation, to be Paid, Year One", "terseLabel": "2022" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary": { "auth_ref": [ "r180" ], "calculation": { "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails": { "order": 1.0, "parentTag": "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of fixed and determinable portion of unrecorded unconditional purchase obligation to be paid in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two", "terseLabel": "2023" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary": { "auth_ref": [ "r180" ], "calculation": { "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails": { "order": 3.0, "parentTag": "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of fixed and determinable portion of unrecorded unconditional purchase obligation to be paid in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Unrecorded Unconditional Purchase Obligation, to be Paid, Year Three", "terseLabel": "2024" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount": { "auth_ref": [ "r180" ], "calculation": { "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of the unrecorded obligation to transfer funds in the future for fixed or minimum amounts or quantities of goods or services at fixed or minimum prices (for example, as in take-or-pay contracts or throughput contracts).", "label": "Unrecorded Unconditional Purchase Obligation", "totalLabel": "Total" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis": { "auth_ref": [ "r179", "r180", "r182" ], "lang": { "en-us": { "role": { "documentation": "Pertinent information about unrecorded unconditional purchase arrangements to acquire goods or services, by category of goods or services. arrangements to acquire goods or services, by category of goods or services.", "label": "Unrecorded Unconditional Purchase Obligation by Category of Item Purchased [Axis]", "terseLabel": "Unrecorded Unconditional Purchase Obligation by Category of Item Purchased [Axis]" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Unrecorded Unconditional Purchase Obligation [Line Items]", "terseLabel": "Unrecorded Unconditional Purchase Obligation [Line Items]" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationLineItems", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_UnrecordedUnconditionalPurchaseObligationTable": { "auth_ref": [ "r179", "r180", "r182" ], "lang": { "en-us": { "role": { "documentation": "Describes each unrecorded unconditional purchase obligation arrangement to purchase goods and services that extend over multiple periods, any assets pledged to secure payment, and the fixed or determinable amount of payments due in each of the next five years and thereafter.", "label": "Unrecorded Unconditional Purchase Obligation [Table]", "terseLabel": "Unrecorded Unconditional Purchase Obligation [Table]" } } }, "localname": "UnrecordedUnconditionalPurchaseObligationTable", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/CommitmentsandContingenciesScheduleofCapitalExpenditureCommitmentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding": { "auth_ref": [ "r127", "r139" ], "lang": { "en-us": { "role": { "documentation": "The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.", "label": "Weighted Average Number of Shares Outstanding, Diluted", "terseLabel": "Weighted average number of shares, diluted (in shares)" } } }, "localname": "WeightedAverageNumberOfDilutedSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "sharesItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingBasic": { "auth_ref": [ "r125", "r139" ], "lang": { "en-us": { "role": { "documentation": "Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.", "label": "Weighted Average Number of Shares Outstanding, Basic", "terseLabel": "Weighted average number of shares, basic (in shares)" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingBasic", "nsuri": "http://fasb.org/us-gaap/2021-01-31", "presentation": [ "http://www.safebulkers.com/role/LossEarningsPerShareScheduleofComputationofLossEarningsPerShareDetails", "http://www.safebulkers.com/role/UnauditedInterimCondensedConsolidatedStatementsofOperations" ], "xbrltype": "sharesItemType" } }, "unitCount": 12 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "105", "URI": "http://asc.fasb.org/extlink&oid=124434974&loc=SL124442142-165695" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=d3e1107-107759" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123431023&loc=SL98516268-108586" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=123372394&loc=d3e18726-107790" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(c))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r103": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(d))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(e)(1))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(g)(1)(ii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r107": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k)(1))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(m)(1)(iii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(m)(2)(ii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "5C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(2)", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690" }, "r111": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "235", "URI": "http://asc.fasb.org/topic&trid=2122369" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "23", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124436220&loc=d3e21914-107793" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124436220&loc=d3e21930-107793" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124436220&loc=d3e21711-107793" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(3)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794" }, "r118": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "5C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794" }, "r123": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1448-109256" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1377-109256" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1505-109256" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1252-109256" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1278-109256" }, "r13": { "Name": "Accounting Standards Codification", "Paragraph": "5D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1930-109256" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)(1)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1930-109256" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1930-109256" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)(3)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1930-109256" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "55", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e2626-109256" }, "r135": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256" }, "r137": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256" }, "r138": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125511455&loc=d3e1337-109256" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257" }, "r14": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257" }, "r141": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125512782&loc=d3e3842-109258" }, "r144": { "Name": "Accounting Standards Codification", "Paragraph": "52", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=125512782&loc=d3e4984-109258" }, "r145": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "260", "URI": "http://asc.fasb.org/topic&trid=2144383" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "272", "URI": "http://asc.fasb.org/extlink&oid=125520817&loc=d3e70191-108054" }, "r147": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "272", "URI": "http://asc.fasb.org/extlink&oid=125520817&loc=d3e70229-108054" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "272", "URI": "http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "272", "URI": "http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055" }, "r15": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/subtopic&trid=2122178" }, "r150": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "275", "URI": "http://asc.fasb.org/topic&trid=2134479" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "31", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599" }, "r16": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "205", "URI": "http://asc.fasb.org/topic&trid=2122149" }, "r160": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599" }, "r162": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 4.E)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=122038336&loc=d3e74512-122707" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=123351718&loc=d3e2443-110228" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=123351718&loc=d3e2473-110228" }, "r167": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765" }, "r170": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r171": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2921-110230" }, "r172": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r174": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r175": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230" }, "r177": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "360", "URI": "http://asc.fasb.org/topic&trid=2155823" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=123406679&loc=d3e25336-109308" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=123406679&loc=d3e25336-109308" }, "r181": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=123406679&loc=d3e25336-109308" }, "r182": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=123406679&loc=d3e25336-109308" }, "r183": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=123406679&loc=d3e25383-109308" }, "r184": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "440", "URI": "http://asc.fasb.org/topic&trid=2144648" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349" }, "r186": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "450", "URI": "http://asc.fasb.org/topic&trid=2127136" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601" }, "r188": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123465755&loc=SL6230698-112601" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(i))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765" }, "r190": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(ii))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iii)(A))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iii)(B))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iii))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iv))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(5))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(i))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iii)(A))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iii)(B))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iii)(C))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=124098289&loc=d3e6801-107765" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iv))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(5))", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r204": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(f)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=124098289&loc=d3e6812-107765" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(i)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "1C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "1C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "1C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "1D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "1D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "1D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=124098289&loc=d3e6935-107765" }, "r220": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611" }, "r222": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611" }, "r226": { "Name": "Accounting Standards Codification", "Paragraph": "1I", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "1I", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "1I", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611" }, "r229": { "Name": "Accounting Standards Codification", "Paragraph": "1I", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "69B", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "69C", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "69E", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "69F", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=123466577&loc=SL123495745-112612" }, "r235": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "470", "URI": "http://asc.fasb.org/topic&trid=2208564" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(CFRR 211.02)", "Topic": "480", "URI": "http://asc.fasb.org/extlink&oid=122040564&loc=d3e177068-122764" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 3.C)", "Topic": "480", "URI": "http://asc.fasb.org/extlink&oid=122040564&loc=d3e177168-122764" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643" }, "r239": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21553-112644" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(13))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r241": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r246": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(i)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(14))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644" }, "r252": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644" }, "r254": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644" }, "r255": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21463-112644" }, "r257": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644" }, "r258": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21484-112644" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21488-112644" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(17))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644" }, "r262": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644" }, "r263": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655" }, "r265": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "505", "URI": "http://asc.fasb.org/topic&trid=2208762" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123360276&loc=SL49130531-203044" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123360276&loc=SL49130532-203044" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123360276&loc=SL49130533-203044" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(19))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r270": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123351226&loc=SL49130549-203045" }, "r272": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r275": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r278": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=123410239&loc=SL49130690-203046-203046" }, "r279": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(i)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(20))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r283": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(A)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(B)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r285": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(C)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(03)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921" }, "r288": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(a)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450702-114947" }, "r289": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(d)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r290": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(a)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450673-114947" }, "r291": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "80", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=35742348&loc=SL14450788-114948" }, "r292": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r293": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(f)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r294": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(f)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r295": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(g)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r296": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)(2)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277" }, "r297": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)(3)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277" }, "r298": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988" }, "r299": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(24))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r300": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685" }, "r301": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685" }, "r302": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959" }, "r303": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959" }, "r304": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959" }, "r305": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959" }, "r306": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=d3e41620-113959" }, "r307": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=d3e41638-113959" }, "r308": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959" }, "r309": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(27))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r310": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959" }, "r311": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(c)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959" }, "r312": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959" }, "r313": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959" }, "r314": { "Name": "Accounting Standards Codification", "Paragraph": "4C", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959" }, "r315": { "Name": "Accounting Standards Codification", "Paragraph": "4C", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959" }, "r316": { "Name": "Accounting Standards Codification", "Paragraph": "4CC", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL109998890-113959" }, "r317": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624177-113959" }, "r318": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624177-113959" }, "r319": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624177-113959" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r320": { "Name": "Accounting Standards Codification", "Paragraph": "4E", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959" }, "r321": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=d3e41641-113959" }, "r322": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959" }, "r323": { "Name": "Accounting Standards Codification", "Paragraph": "182", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=123421605&loc=SL5629052-113961" }, "r324": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "25", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986" }, "r325": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(f)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=123477628&loc=d3e90205-114008" }, "r326": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)(3)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011" }, "r327": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)(4)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011" }, "r328": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011" }, "r329": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "815", "URI": "http://asc.fasb.org/topic&trid=2229140" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r330": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258" }, "r331": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258" }, "r332": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258" }, "r333": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bbb)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258" }, "r334": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=123874694&loc=d3e19279-110258" }, "r335": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "820", "URI": "http://asc.fasb.org/topic&trid=2155941" }, "r336": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611" }, "r337": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611" }, "r338": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=123594938&loc=d3e13476-108611" }, "r339": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r340": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=120253306&loc=d3e28228-110885" }, "r341": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "35", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=123602790&loc=d3e30226-110892" }, "r342": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=125521441&loc=d3e30690-110894" }, "r343": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=124440516&loc=d3e30840-110895" }, "r344": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=123444420&loc=d3e33268-110906" }, "r345": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900" }, "r346": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r347": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r348": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(c)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r349": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(d)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r350": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901" }, "r351": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=6450520&loc=d3e32618-110901" }, "r352": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391" }, "r353": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399" }, "r354": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399" }, "r355": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399" }, "r356": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629" }, "r357": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400" }, "r358": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=123416376&loc=d3e50796-112755" }, "r359": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=123417830&loc=SL77919786-209982" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r360": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r361": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r362": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r363": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864" }, "r364": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864" }, "r365": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "850", "URI": "http://asc.fasb.org/topic&trid=2122745" }, "r366": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "852", "URI": "http://asc.fasb.org/extlink&oid=124433192&loc=SL2890621-112765" }, "r367": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "852", "URI": "http://asc.fasb.org/extlink&oid=124433192&loc=SL2890621-112765" }, "r368": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "852", "URI": "http://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766" }, "r369": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(31))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r370": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r371": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "855", "URI": "http://asc.fasb.org/topic&trid=2122774" }, "r372": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r373": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r374": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r375": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r376": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r377": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r378": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r379": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r380": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r381": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719" }, "r382": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "910", "URI": "http://asc.fasb.org/extlink&oid=123353855&loc=SL119991595-234733" }, "r383": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "310", "Subparagraph": "(b)", "Topic": "912", "URI": "http://asc.fasb.org/extlink&oid=123371682&loc=d3e55415-109406" }, "r384": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 11.L)", "Topic": "924", "URI": "http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856" }, "r385": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(10))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r386": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r387": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(13))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r388": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(15)(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r389": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(7))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r390": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r391": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.17)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r392": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r393": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(27))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r394": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04.9)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r395": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=124429447&loc=SL124453093-239630" }, "r396": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "405", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817" }, "r397": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "470", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823" }, "r398": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r399": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(10))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(8))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r400": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r401": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(15)(5))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r402": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r403": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r404": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r405": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(8))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r406": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),19)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r407": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r408": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(23))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r409": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04.4)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.1)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r410": { "Name": "Accounting Standards Codification", "Paragraph": "7A", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(d)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124506351&loc=SL117782755-158439" }, "r411": { "Name": "Accounting Standards Codification", "Paragraph": "29F", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124504033&loc=SL117819544-158441" }, "r412": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641" }, "r413": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641" }, "r414": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641" }, "r415": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(2)(i)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641" }, "r416": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(h)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641" }, "r417": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "210", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=120413173&loc=SL116631458-115580" }, "r418": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "440", "Subparagraph": "(a)", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491277&loc=d3e6429-115629" }, "r419": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Subparagraph": "(d)", "Topic": "958", "URI": "http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.13)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r420": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Topic": "958", "URI": "http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916" }, "r421": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Topic": "958", "URI": "http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916" }, "r422": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "310", "Subparagraph": "(c)", "Topic": "976", "URI": "http://asc.fasb.org/extlink&oid=6497875&loc=d3e22274-108663" }, "r423": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "310", "Subparagraph": "(b)", "Topic": "978", "URI": "http://asc.fasb.org/extlink&oid=123360121&loc=d3e27327-108691" }, "r424": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r425": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(a)", "Publisher": "SEC", "Section": "1402" }, "r426": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(a)(3)(iii)(03)", "Topic": "848" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.14)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.17)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(b),22(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19,20)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.20)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.21)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.24)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.25)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.28,29)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r55": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.3(a)(2))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r57": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.6(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.8)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.9)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226024-175313" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226049-175313" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226003-175313" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=124509347&loc=SL7669619-108580" }, "r7": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=124509347&loc=SL7669625-108580" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=124431353&loc=SL124442407-227067" }, "r72": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067" }, "r73": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(210.5-03(11))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r75": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(25))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r77": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(b)(2))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.2(a),(d))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.3)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.7(b))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r81": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.9)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3179-108585" }, "r83": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3255-108585" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3255-108585" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3291-108585" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3291-108585" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3291-108585" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3367-108585" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3521-108585" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760" }, "r90": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3536-108585" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3536-108585" }, "r92": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585" }, "r93": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585" }, "r95": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123570139&loc=d3e3044-108585" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123431023&loc=d3e4297-108586" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123431023&loc=d3e4304-108586" }, "r98": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123431023&loc=d3e4313-108586" }, "r99": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=123431023&loc=d3e4332-108586" } }, "version": "2.1" } ZIP 73 0001628280-21-023879-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001628280-21-023879-xbrl.zip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ź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