v3.25.2
Note 9 - Deferred Charges, Net
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Deferred Charges [Text Block]

9. 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, 2025

 $52,688 

Additions

  5,699 

Amortization

  (9,530)

Balance, June 30 2025

 $48,857 

 

During the six-month period ended June 30, 2025, four 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 six-month period ended June 30, 2024, three 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. The amortization of the dry-docking and special survey costs is separately reflected in the accompanying consolidated statements of income.