Leases

12 Months Ended

Dec. 31, 2016

LEASES [Abstract]

Leases

NOTE 17 - LEASES

The future minimum contractual lease income (charter-out rates are presented net of commissions and assume no off-hires days) as of December 31, 2016, is as follows:

	Amount
2017	$          112,434
2018	82,445
2019	54,688
2020	65,862
2021	65,682
2022 and thereafter	306,965
	$             688,076