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Vessels
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Vessels

4.

Vessels:

 

December 31, 2015

 

Cost

 

 

Accumulated

depreciation

 

 

Net book

value

 

Vessels

 

$

6,149,625

 

 

$

1,080,396

 

 

$

5,069,229

 

Vessels under construction

 

 

209,119

 

 

 

 

 

 

209,119

 

Vessels

 

$

6,358,744

 

 

$

1,080,396

 

 

$

5,278,348

 

 

December 31, 2014

 

Cost

 

 

Accumulated

depreciation

 

 

Net book

value

 

Vessels

 

$

5,708,685

 

 

$

894,964

 

 

$

4,813,721

 

Vessels under construction

 

 

282,002

 

 

 

 

 

 

282,002

 

Vessels

 

$

5,990,687

 

 

$

894,964

 

 

$

5,095,723

 

 

During the year ended December 31, 2015, the Company capitalized interest costs of $5,361,000 (2014 – $8,184,000; 2013 – $2,873,000) to vessels under construction.