Note 19 - Derivatives (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Schedule of Derivative Instruments [Table Text Block]

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 June 30, 2025 (in USD)

21/5/2021		21/11/2025		€	50,000			$	61,175				2.70	%			4.10	%		$	(2,228	)
25/5/2021		21/11/2025		€	50,000			$	61,200				2.70	%			4.05	%		$	(2,457	)
*Total fair value*																				$	(4,685	)

Schedule of Derivatives In ASC 815 Cash Flow Hedging Relationships [Table Text Block]

The Effect of Derivative Instruments for the six-month periods ended
June 30, 2024 and 2025
Derivatives in ASC 815 Cash Flow Hedging Relationships
		Amount of Gain / (Loss) Recognized in Accumulated OCI on Derivative
		2024				2025
Interest rate swaps and cross-currency swaps		$	15,792			$	(1,482	)
Interest rate caps (included component)			5,054				(933	)
Interest rate caps (excluded component)⁽¹⁾			(5,371	)			(4,422	)
Reclassification to Interest and finance costs			(12,942	)			(5,093	)
Reclassification of amount excluded from the interest rate caps assessment of hedge effectiveness based on an amortization approach to Interest and finance costs			3,060				2,029
Amounts reclassified from Net settlements on interest rate swaps qualifying for hedge accounting to Depreciation			31				31
Total		$	5,624			$	(9,870	)

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 on derivative instruments, net		Amount of Gain / (Loss) Recognized in Gain on derivative instruments, net
			2024				2025
Cross-currency swaps	Gain / (loss) on derivative instruments, net		$	-			$	13,702
FX option zero cost collar	Gain / (loss) on derivative instruments, net			-				(2,995	)
Forward currency contracts	Gain / (loss) on derivative instruments, net			(3,212	)			3,060
*Total*			$	(3,212	)		$	13,767