| Schedule of Long-Term Debt Instruments [Table Text Block] |
|
Borrower
|
|
|
December 31,
2024
|
|
|
December 31,
2025
|
|
|
Kamsarmax Two Shipping Ltd.
|
(a)
|
|
|
12,560,000 |
|
|
|
11,600,000 |
|
|
Kamsarmax One Shipping Ltd. / Ultra One Shipping Ltd.
|
(b)
|
|
|
30,000,000 |
|
|
|
27,500,000 |
|
|
Eirini Shipping Ltd.
|
(c)
|
|
|
1,850,000 |
|
|
|
- |
|
|
Light Shipping Ltd. / Good Heart Shipping Ltd.
|
(d)
|
|
|
18,000,000 |
|
|
|
16,200,000 |
|
|
Blessed Luck Shipowners Ltd.
|
(e)
|
|
|
2,805,000 |
|
|
|
1,915,000 |
|
|
Molyvos Shipping Ltd. / Santa Cruz Shipowners Ltd.
|
(f)
|
|
|
13,475,000 |
|
|
|
11,375,000 |
|
|
Yannis Navigation Ltd. / Troboni Shipping Ltd.
|
(g)
|
|
|
9,500,000 |
|
|
|
13,500,000 |
|
|
Christos Ultra LP. / Maria Ultra LP.
|
(h)
|
|
|
20,000,000 |
|
|
|
18,000,000 |
|
|
Aristeidis Shipping Ltd.
|
(i)
|
|
|
- |
|
|
|
3,591,591 |
|
| |
|
|
|
108,190,000 |
|
|
|
103,681,591 |
|
|
Less: Current portion
|
|
|
(12,090,000 |
) |
|
|
(12,275,000 |
) |
|
Long-term portion
|
|
|
96,100,000 |
|
|
|
91,406,591 |
|
|
Deferred charges, current portion
|
|
|
279,649 |
|
|
|
265,735 |
|
|
Deferred charges, long-term portion
|
|
|
718,465 |
|
|
|
537,314 |
|
|
Long-term bank loans, current portion net of deferred charges
|
|
|
11,810,351 |
|
|
|
12,009,265 |
|
|
Long-term bank loans, long-term portion net of deferred charges
|
|
|
95,381,535 |
|
|
|
90,869,277 |
|
|
| Schedule of Maturities of Long-Term Debt [Table Text Block] |
|
To December 31:
|
|
|
|
|
|
2026
|
|
|
12,275,000 |
|
|
2027
|
|
|
20,640,000 |
|
|
2028
|
|
|
15,675,000 |
|
|
2029
|
|
|
27,500,000 |
|
|
2030
|
|
|
19,091,591 |
|
|
Thereafter
|
|
|
8,500,000 |
|
|
Total
|
|
|
103,681,591 |
|
|