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Future Minimum Time Charter Revenue
12 Months Ended
Dec. 31, 2023
Future Minimum Time Charter Revenue  
Future Minimum Time Charter Revenue Future Minimum Time Charter Revenue
The future minimum time charter revenue, net of commissions, based on existing vessels committed to non-cancellable period time charter contracts (including fixture recaps) which includes contracted revenue linked to the BPI and BCI index calculated as of December 31, 2023, is as follows:
December 31,
2024$134,338 
202556,648 
202621,398 
202710,845 
20289,252 
Thereafter23,005 
Total$255,486 

Revenues from time charters are not generally received when a vessel is off-hire, including time required for normal periodic maintenance. In arriving at the minimum future charter revenues, an estimated off-hire time has been deducted, although such estimate may not be reflective of the actual off-hire in the future.