Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Long-term Debt, Unclassified [Abstract]

Schedule of Debt

Borrower(s)				December 31, 2015			December 31,  2016
A.	Credit Facility					495,993			406,103
B.	Term Loans:
	1.	Costis Maritime Corporation and Christos Maritime Corporation	82,500							-
	2.	Mas Shipping Co.	30,625							22,375
	3.	Montes Shipping Co. and Kelsen Shipping Co.	66,000							54,000
	4.	Capetanissa Maritime Corporation	45,000							-
	5.	Rena Maritime Corporation			42,500			-
	6.	Costamare Inc.			60,463			50,313
	7.	Costamare Inc.			111,417			-
	8.	Undine Shipping Co., Quentin Shipping Co. and Sander Shipping Co.			193,545			178,264
	9.	Raymond Shipping Co. and Terance Shipping Co.			126,878			115,964
	10.	Costamare Inc.			68,170			53,475
	11.	Uriza Shipping S.A.			-			36,833
	12.	Costis Maritime Corporation, Christos Maritime Corporation and Capetanissa Maritime Corporation			-			109,000
	13	Rena Maritime Corporation, Finch Shipping Co. and Joyner Carriers S.A.			-			32,000
					827,098			652,224
		Total			1,323,091			1,058,327
		Less: Deferred financing costs			(4,499)			(3,720)
		Total long term debt, net			1,318,592			1,054,607
		Less: Long-term debt current portion			(185,259)			(199,637)
		Add: Deferred financing costs, current portion			1,431			1,360
		Total long term debt, non-current, net			1,134,764			856,330

Schedule of Maturities of Long-Term Debt

Year ending December 31,	Amount
2017		199,637
2018		211,784
2019		160,819
2020		352,291
2021		133,796
		1,058,327

Schedule of financing costs

	Financing costs
Balance, January 1, 2014		9,954
Additions		2,055
Amortization		(2,084)
Write-off		(2,023)
Balance, December 31, 2014		7,902
Amortization		(1,896)
Balance, December 31, 2015		6,006
Additions		3,907
Amortization		(2,027)
Write-off		(586)
Balance, December 31, 2016		7,300
Less: Current portion of financing costs		(2,062)
Financing costs, non-current portion		5,238