v3.26.1
Intangible Liabilities - Charter Agreements (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Liabilities – Charter Agreements [Abstract]  
Schedule of Intangible Liabilities
Intangible Liabilities – Charter Agreements as of June 30, 2026, and December 31, 2025, consisted of the following:
 
         
    
June 30, 
2026
    
December 31, 2025
 
Opening balance
 $90,054   $49,431 
Additions (*)
  19,061    54,109 
Amortization
  (12,672   (13,486
Total
 $96,443   $90,054 
 
(*) During the first quarter of 2025, the charter of the fourth ECO 9,019 TEU Vessel resulted in an intangible liability of $15,987 that was recognized and is being amortized over the remaining useful life of the charter. During December 2025, the charters of the first two ECO 8,586 TEU Vessels and during January 2026, the charter of the third ECO 8,586 TEU Vessel, resulted in an intangible liability of $38,122 and $19,061, respectively, that was recognized and will be amortized over the remaining useful life of the charters.
Amortization of Intangible Liabilities
The aggregate amortization of the intangible liabilities in each of the 12-month periods up to June 30, 2031, is estimated to be as follows:
 
       
     Amount 
June 30, 2027
 $ 25,772 
June 30, 2028
   25,842 
June 30, 2029
   25,772 
June 30, 2030
   18,811 
June 30, 2031
   246 
   $ 96,443