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Note 22 - Derivatives (Tables)
 12 Months Ended
Dec. 31, 2023
Derivatives [Abstract]  
Schedule of Derivative Instruments [Table Text Block] The principal terms of the two cross-currency swap agreements are as follows:
 
Effective
date
Termination
date
  
Notional
amount
(Non-amortizing)
on effective
date in Euro
    
Notional
amount
(Non-amortizing)
on effective
date in USD
    
Fixed rate
(Costamare
receives in
Euro)
    
Fixed rate
(Costamare
pays in
USD)
    
Fair value
December 31,
2023
(in USD)
  
                                 
21/5/2021
21/11/2025
  
€
50,000
    
$
61,175
      
2.70
%
    
4.10
%
  
$
(5,877
)
25/5/2021
21/11/2025
  
€
50,000
    
$
61,200
      
2.70
%
    
4.05
%
  
$
(5,756
)
Total fair value
            
$
(11,633
)
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] The following tables present, as of December 31, 2023, gross and net derivative assets and liabilities by contract type:
 

  
Derivatives
Assets-Current
    
Derivatives
Assets-Non-Current
  
FFAs*
  
$
30,404
    
$
2,758
  
Bunker swaps
    
101
      
-
  
Interest rate swaps
    
7,827
      
12,864
  
Interest rate caps
    
14,716
      
11,701
  
Forward currency contracts
    
1,873
      
1,656
  
Total gross derivative contracts
  
$
54,921
    
$
28,979
  
                 
Amounts offset
                
Counterparty netting*
    
(21,611
)
    
(340
)
Total derivative assets, December 31, 2023
  
$
33,310
    
$
28,639
  

   
Derivatives
Liabilities-Current
    
Derivatives
Liabilities-Non-
Current
  
FFAs*
  
$
(21,611
)
  
$
(340
)
Bunker swaps
    
(912
)
    
(1,699
)
Cross-currency rate swaps
    
(2,138
)
    
(9,495
)
Total gross derivative contracts
  
$
(24,661
)
  
$
(11,534
)
                 
Amounts offset
                
Counterparty netting*
    
21,611
      
340
  
Total derivative liabilities, December 31, 2023
  
$
(3,050
)
  
$
(11,194
)
*The Company has adopted net presentation for assets and liabilities related to FFA derivative instruments.
Schedule of Derivatives In ASC 815 Cash Flow Hedging Relationships [Table Text Block]

The Effect of Derivative Instruments for the years ended
  
December 31, 2021, 2022 and 2023
  
Derivatives in ASC 815 Cash Flow Hedging Relationships
  
   
Amount of Gain / (Loss) Recognized in
Accumulated OCI on Derivative
  
   
2021
    
2022
    
2023
  
Interest rate swaps and cross-currency swaps
  
$
(754
)
  
$
36,591
    
$
3,385
  
Interest rate caps (included component)
    
-
      
4,495
      
6,629
  
Interest rate caps (excluded component) (1)
    
-
      
6,700
      
(16,589
)
Reclassification to Interest and finance costs
    
6,417
      
(483
)
    
(22,876
)
Reclassification of amount excluded from the interest rate caps assessment of hedge effectiveness based on an amortization approach to Interest and finance costs
    
-
      
1,286
      
4,354
  
Amounts reclassified from Net settlements on interest rate swaps qualifying for hedge accounting to Depreciation
    
63
      
63
      
63
  
Total
  
$
5,726
    
$
48,652
    
$
(25,034
)

(1) Excluded component represents interest rate caps instruments time value.
Schedule of Derivatives Not Designated as Hedging Instruments under ASC 815 [Table Text Block]
Derivatives Not Designated as Hedging Instruments
under ASC 815
  
Location of Gain / (Loss)
Recognized in Gain / (Loss) on derivative
instruments, net
  
Amount of Gain / (Loss)
Recognized in Gain / (Loss) on derivative
instruments, net
  
     
2021
    
2022
    
2023
  
Interest rate swaps / caps
Gain / (loss) on derivative instruments, net
  
$
(380
)
  
$
(182
)
  
$
12,207
  
Forward Freight Agreements
Gain / (loss) on derivative instruments, net
    
-
      
108
      
5,420
  
Bunker swap agreements
Gain / (loss) on derivative instruments, net
    
-
      
(12
)
    
(1,490
)
Forward currency contracts
Gain / (loss) on derivative instruments, net
    
(866
)
    
2,784
      
1,151
  
Total
  
$
(1,246
)
  
$
2,698
    
$
17,288