Note 8 - Deferred Charges, Net

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Deferred Charges [Text Block]

8. Deferred Charges, net:

Deferred charges, net include the unamortized dry-docking and special survey costs. The amounts in the accompanying consolidated balance sheets are as follows:

Balance, January 1, 2020	$	21,983
Additions		15,481
Amortization		(9,056	)
Write-off and other movements (Note 7)		(726	)
Balance, December 31, 2020	$	27,682
Additions		18,882
Amortization		(10,433	)
Write-off and other movements (Note 7)		(4,272	)
Balance, December 31, 2021	$	31,859

During the year ended December 31, 2021, 14 vessels underwent and completed their dry-docking and special survey and one vessel was in the process of completing her dry-docking and special survey. During the years ended December 31, 2019, 2020, six and 11 vessels underwent and completed their dry-docking and special surveys. The amortization of the dry-docking and special survey costs is separately reflected in the accompanying consolidated statements of operations.