| Schedule of Interest Expense and Finance Cost, Net |
Interest expense and finance cost, net for the three and six month periods ended June 30, 2025 and 2024 consisted of the following:
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Three Month Period Ended June 30, 2025 |
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Three Month Period Ended June 30, 2024 |
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Six Month Period Ended June 30, 2025 |
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Six Month Period Ended June 30, 2024 |
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(unaudited) |
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(unaudited) |
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(unaudited) |
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(unaudited) |
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Interest expense incurred on credit facilities and financial liabilities |
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$ |
29,717 |
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$ |
26,842 |
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|
$ |
59,092 |
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|
$ |
52,789 |
|
Interest expense incurred on finance lease liabilities |
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5,355 |
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|
7,783 |
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|
10,770 |
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|
15,817 |
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Interest expense capitalized related to deposits for vessel acquisitions |
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(4,303 |
) |
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(6,500 |
) |
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(8,182 |
) |
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(12,637 |
) |
Amortization and write-off of deferred finance costs |
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2,227 |
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2,033 |
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|
3,899 |
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|
3,709 |
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Discount effect of long-term assets and other finance costs |
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|
489 |
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(71 |
) |
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|
1,416 |
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(182 |
) |
Total interest expense and finance cost, net |
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$ |
33,485 |
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$ |
30,087 |
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$ |
66,995 |
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$ |
59,496 |
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