XML 40 R29.htm IDEA: XBRL DOCUMENT v3.25.2
Finance Lease, Right-of-use Asset and Finance Lease Liability (Tables)
6 Months Ended
Jun. 30, 2025
Finance Lease, Right-of-use Asset and Finance Lease Liability [Abstract]  
Annual Lease Payments
The annual lease payments under the Blueship bareboat charter agreement, taking into consideration the subsequent financing described in Note 16 for the sale and leaseback agreement with an affiliate of Kowa Kaiun Co. Ltd. are as follows:

Twelve month periods ending June 30,
 
Amount
 
2026
   
2,946
 
2027
    3,214  
2028
    3,214  
2029
    3,214  
Thereafter
    10,214  
Total undiscounted lease payments
   
22,802
 
Less: Discount based on incremental borrowing rate
   
(155
)
Present value of finance lease liabilities
   
22,647
 
         
Finance lease liability, current
   
2,792
 
Finance lease liability, non-current
   
19,855
 
Present value of finance lease liabilities
   
22,647