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Leases
3 Months Ended
Mar. 31, 2021
Leases  
Leases

Note 9 — Leases

 

Charters-out

 

The Company is the lessor under its time charter contracts. Total time charter revenue for the three months ended March 31, 2021 and 2020 was equal to lease income from lease payments of $63,417 and $78,853, respectively, plus straight-line adjustments of $371 for the three months ended March 31, 2021 and less straight-line adjustments of $703 for the three months ended March 31, 2020.