Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Long-Term Debt [Abstract]

Long-term Debt

The amount of long-term debt shown in the accompanying consolidated balance sheets is analyzed as follows:

	December 31, 2023			Current			Non-current			December 31, 2022			Current			Non-current
Nordea Bank secured term loan	$	19,167		$	3,334		$	15,833		$	20,663		$	3,740		$	16,923
Piraeus Bank secured term loans		-			-			-			67,584			9,048			58,536
Alpha Bank secured term loans		36,050			4,200			31,850			40,250			4,200			36,050
less unamortized deferred financing costs		(331	)		(107	)		(224	)		(822	)		(242	)		(580	)
Total debt, net of deferred financing costs	$	54,886		$	7,427		$	47,459		$	127,675		$	16,746		$	110,929

Maturities of Debt Facilities

As at December 31, 2023, the maturities of the drawn portions of the debt facilities described above, are as follows:

	Principal Repayment
Year 1	$	7,533
Year 2		7,533
Year 3		7,533
Year 4		26,783
Year 5		5,835
Total	$	55,217