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