v3.26.1
Note 10 - Long-term Debt (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Debt [Table Text Block]
   

Borrower(s)

 

December 31, 2025

  

June 30, 2026

 

A.

  

Term Loans:

        
 1 

Ainsley Maritime Co. and Ambrose Maritime Co.

 $99,107  $93,750 
 2 

Hyde Maritime Co. and Skerrett Maritime Co.

  93,288   - 
 3 

Kemp Maritime Co.

  47,125   44,275 
 4 

Achilleas Maritime Corporation et al.

  18,414   10,876 
 5 

Costamare Inc.

  20,750   - 
 6 

Benedict et al.

  212,667   171,619 
 7 

Reddick Shipping Co. and Verandi Shipping Co.

  9,000   3,000 
 8 

Quentin Shipping Co. and Sander Shipping Co.

  53,875   48,687 
 9 

Bastian Shipping Co. et al.

  146,400   130,200 
 10 

Kalamata Shipping Corporation et al.

  44,000   39,000 
 11 

Capetanissa Maritime Corporation et al.

  15,417   13,667 
 12 

NML Loan 2

  20,250   18,750 
 13 

NML Loan 3

  7,150   - 
 14 

NML Loan 4

  9,648   3,878 
 15 

NML Loan 5

  3,952   3,457 
 16 

NML Loan 6

  4,574   4,106 
 17 

NML Loan 7

  8,531   - 
 18 

NML Loan 8

  9,792   9,090 
 19 

NML Loan 9

  8,934   7,875 
 20 

NML Loan 10

  -   - 
 21 

NML Loan 11

  -   - 
 22 

NML Loan 12

  5,030   4,590 
 23 

NML Loan 13

  -   - 
 24 

NML Loan 14

  3,545   3,125 
 25 

NML Loan 15

  4,617   - 
 26 

NML Loan 16

  10,917   - 
 27 

NML Loan 17

  -   - 
 28 

Sykes Maritime Co.

  22,323   21,538 
 29 

NML Loan 18

  78,041   40,284 
 30 

Beardmore Maritime Co. et al.

  120,000   116,250 
 31 

Bertrand Maritime Co. et al.

  241,571   234,834 
 32 

NML Loan 19

  10,429   9,693 
 33 

Walston Shipping Co. et al.

  -   38,399 
 34 

NML Loan 20

  -   28,216 
 35 

Costamare Inc.

  -   19,713 
 36 

NML Loan 21

  -   27,316 
 37 

Plange Shipping Co. et al.

  -   112,800 
 38 

Schofield Maritime Co. et al.

  -   - 
   

Total Term Loans

 $1,329,347  $1,258,988 

B.

  

Other financing arrangements

  193,632   253,242 
   

Total long-term debt

 $1,522,979  $1,512,230 
   

Less: Deferred financing costs

  (8,141)  (7,808)
   

Total long-term debt, net

 $1,514,838  $1,504,422 
   

Less: Long-term debt current portion

  (270,754)  (234,165)
   

Add: Deferred financing costs, current portion

  2,623   2,494 
   

Total long-term debt, non-current, net

 $1,246,707  $1,272,751 
Schedule of Maturities of Long-Term Debt [Table Text Block]

12-month period ending June 30

 

Amount

 

2027

 $234,165 

2028

  156,639 

2029

  182,484 

2030

  145,009 

2031

  470,829 

2032 and thereafter

  323,104 

Total

 $1,512,230 
Schedule of Financing Costs [Table Text Block]

Balance, January 1, 2026

 $8,141 

Additions

  1,373 

Amortization and write-off

  (1,706)

Balance, June 30, 2026

 $7,808 

Less: Current portion of financing costs

  (2,494)

Financing costs, non-current portion

 $5,314