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Subsequent Events
6 Months Ended
Jun. 30, 2019
Subsequent Events [Abstract]  
Subsequent Events
SUBSEQUENT EVENTS

On July 22, 2019, the Company entered into an agreement to purchase a 2011 Nantong/Kawasaki built 58,000 dwt dry bulk vessel (to be renamed m/v Bulk Friendship) for $14.1 million. The vessel is expected to be delivered in September 2019.

On August 12, 2019, the Company declared a quarterly cash dividend of $0.035 per common share.