Borrowings (Details Narrative) | Jan. 05, 2022USD ($) | May 01, 2022USD ($) | Dec. 31, 2021USD ($)shares | Dec. 31, 2020USD ($)shares | Dec. 31, 2019USD ($) | Apr. 04, 2022shares | Mar. 31, 2022USD ($) | Jan. 03, 2022shares |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Covenant Description | | | The Company’s secured credit facilities, which were drawn in January 2022, require compliance with maintenance covenants. Depending on the facility, these covenants include: (i) value-to-loan ratio covenants, based on charter-free valuations, ranging from over 125% to 133%, (ii) minimum liquidity up to a maximum of $10,000, (iii) total debt divided by total assets, as defined in each credit facility, of 75%; and (iv) net worth, as defined in the credit facility, of $125,000. | | | | | |
Write off of Deferred Debt Issuance Cost | | | $ 1,777,000 | | | | | |
Gain/ (Loss) on bond and debt extinguishment | | | 951,000 | $ 7,047,000 | $ 47,430,000 | | | |
Amount outstanding | | | 1,405,814,000 | 1,612,718,000 | | | | |
Accrued interest | | | $ 45,445,000 | $ 55,650,000 | | | | |
Common Stock, Shares, Outstanding | shares | | | 25,198,620 | 15,881,147 | | | | |
Proceeds from Issuance of Senior Long-term Debt | | | $ 0 | $ 487,504,000 | $ 0 | | | |
Debt, Weighted Average Interest Rate | | | 8.78% | 7.89% | 7.70% | | | |
Sale And Leaseback Agreements $68,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayment frequency | | | monthly | | | | | |
Sale Leaseback Transaction, Date | | | first quarter of 2020 | | | | | |
Finance lease, liability | | | $ 68,000,000 | | | | | |
Number of repayment installments | | | 144 | | | | | |
Sale And Leaseback Agreements $68,000 [Member] | Capesize Vessel A [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Periodic Payment | | | $ 224,000 | | | | | |
Debt Instrument, Maturity Date, Description | | | fourth quarter of 2031 | | | | | |
Balloon payment | | | $ 750,000 | | | | | |
Sale And Leaseback Agreements $68,000 [Member] | Capesize Vessel B [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Periodic Payment | | | $ 238,000 | | | | | |
Debt Instrument, Maturity Date, Description | | | first quarter of 2032 | | | | | |
Balloon payment | | | $ 750,000 | | | | | |
Sale And Leaseback Agreements $68,000 [Member] | Two dry bulk tankers [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Amount outstanding | | | $ 57,392,000 | | | | | |
Sale and Leaseback Agreements $77,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Sale Leaseback Transaction, Date | | | December 2021 | | | | | |
Finance lease, liability | | | $ 77,000,000 | | | | | |
Sale and Leaseback Transaction Description | | | in order to finance four dry bulk vessels | | | | | |
Sale and Leaseback Agreements $77,000 [Member] | Two dry bulk tankers [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Number of repayment installments | | | 96 | | | | | |
Debt Instrument, Periodic Payment | | | $ 481,000 | | | | | |
Debt Instrument, Maturity Date, Description | | | fourth quarter of 2029 | | | | | |
Balloon payment | | | $ 3,600,000 | | | | | |
Sale and Leaseback Agreements $77,000 [Member] | One Dry Bulk Vessels [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Number of repayment installments | | | 72 | | | | | |
Debt Instrument, Periodic Payment | | | $ 688,000 | | | | | |
Debt Instrument, Maturity Date, Description | | | fourth quarter of 2027 | | | | | |
Balloon payment | | | $ 3,500,000 | | | | | |
Sale and Leaseback Agreements $12,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Number of repayment installments | | | 60 | | | | | |
Repayment frequency | | | monthly | | | | | |
Sale Leaseback Transaction, Date | | | March 2022 | | | | | |
Finance lease, liability | | | $ 12,000,000 | | | | | |
Debt Instrument, Periodic Payment | | | $ 521,000 | | | | | |
Debt Instrument, Maturity Date, Description | | | first quarter of 2027 | | | | | |
Balloon payment | | | $ 1,600,000 | | | | | |
Sale and Leaseback Transaction Description | | | to finance one dry bulk vessel. | | | | | |
Navios Logistics [Member] | Six Liquid Barges [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Fixed interest rate | | | 8.50% | | | | | |
Amount outstanding | | | $ 11,213,000 | | | | | |
Line of credit facility initiation date | | | December 2020 | | | | | |
Number of repayment installments | | | 20 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Number of loan tranches | | | 6 | | | | | |
Sale and Leaseback Transaction Description | | | for the construction of six liquid barges | | | | | |
Seller's credit agreement | | | $ 13,475,000 | | | | | |
Navios Logistics [Member] | Seller's Credit Agreement for the Navios Logistics 2020 Fleet [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Fixed interest rate | | | 5.00% | | | | | |
Amount outstanding | | | $ 15,000,000 | | | | | |
Line of credit facility initiation date | | | fourth quarter of 2020 | | | | | |
Number of repayment installments | | | 3 | | | | | |
Repayment frequency | | | annual | | | | | |
Repayment installment | | | $ 5,000,000 | | | | | |
Sale and Leaseback Transaction Description | | | for the acquisition of three pushboats and 18 tank barges | | | | | |
Seller's credit agreement | | | $ 15,000,000 | | | | | |
Convertible Debenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Number of trading months | | | 36 | | | | | |
Convertible Debt | | | $ 24,000,000 | | | | | |
Debt Instrument, Convertible, Terms of Conversion Feature | | | five years | | | | | |
Convertible conversion ratio | | | 4.00% | | | | | |
Common Stock, Shares, Outstanding | shares | | | | | | 9,133,147 | | |
Minimum [Member] | Convertible Debenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Convertible, Conversion Ratio | | | 5 | | | | | |
Maximum [Member] | Convertible Debenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Convertible, Conversion Ratio | | | 10 | | | | | |
Credit Agricole Corporate and Investment Bank $11.1m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | $ 11,100,000 | | | | | |
Credit Agricole Corporate and Investment Bank $11.4m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | 11,400,000 | | | | | |
Hamburg Commercial Bank AG [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | 9,945,000 | | | | | |
DVB Bank S.E. [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | 4,504,000 | | | | | |
Alpha Bank A.E. [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | 20,200,000 | | | | | |
Alpha Bank A.E. $12.95m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | $ 12,925,000 | | | | | |
Credit Agricole Corporate And Investment Bank [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to: a) repay all amounts outstanding under the facility agreement dated September 2010 and b) repay all amounts outstanding under the facility agreement dated December 20, 2013. | | | | | |
Maximum borrowing capacity | | | $ 28,745,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 2.80% | | | | | |
Line of credit facility issuance date | | | Feb. 14, 2018 | | | | | |
Hamburg Commercial Bank [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to partially refinance the fourth tranche of the Commerzbank facility. | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Maximum borrowing capacity | | | $ 15,300,000 | | | | | |
Number of repayment installments | | | 3 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Repayment installment | | | $ 383,000 | | | | | |
Balloon payment on the last repayment date | | | $ 8,798,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 3.00% | | | | | |
Line of credit facility issuance date | | | May 23, 2017 | | | | | |
DVB Bank SE $42.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Maximum borrowing capacity | | | $ 42,000,000 | | | | | |
Line of credit facility issuance date | | | Mar. 23, 2012 | | | | | |
Number of loan tranches | | | 2 | | | | | |
Amended DVB Bank SE $42.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to extend the maturity of the outstanding balance originally due in the first and second quarter of 2020 for one year, to June 2021 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 2.93% | | | | | |
Line of credit facility issuance date | | | Nov. 12, 2019 | | | | | |
DVB Bank SE $40.0m ( [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to finance the acquisition of four Panamax vessels, delivered in August and September 2013. | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Line of credit facility initiation date | | | September 2013 | | | | | |
Maximum borrowing capacity | | | $ 40,000,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 3.25% | | | | | |
Extended DVB Bank SE $40.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to extend the maturity of the outstanding balance originally due by September 2018 for three years, to September 2021. | | | | | |
Line of credit facility initiation date | | | December 2017 | | | | | |
Number of vessels released as collateral | | | two | | | | | |
Loan Facility Alpha Bank ($31,000) [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to finance part of the acquisition of a Capesize vessel | | | | | |
Maximum borrowing capacity | | | $ 31,000,000 | | | | | |
Number of repayment installments | | | 8 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Repayment installment | | | $ 450,000 | | | | | |
Balloon payment on the last repayment date | | | $ 16,600,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 3.00% | | | | | |
Line of credit facility issuance date | | | Nov. 6, 2014 | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Loan Facility Alpha Bank ($16,125) [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to refinance one Capesize vessel | | | | | |
Maximum borrowing capacity | | | $ 16,125,000 | | | | | |
Number of repayment installments | | | 8 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Repayment installment | | | $ 275,000 | | | | | |
Balloon payment on the last repayment date | | | $ 10,725,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 3.00% | | | | | |
Line of credit facility issuance date | | | Nov. 3, 2016 | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Hamburg Commercial Bank AG ($101,750) [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | for the refinancing of seven drybulk vessels. | | | | | |
Repayments of Debt | | | $ 10,380,000 | | | | | |
Line of credit facility initiation date | | | December 2021 | | | | | |
Maximum borrowing capacity | | | $ 101,750,000 | | | | | |
Number of repayment installments | | | 8 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Repayment installment | | | $ 3,915,000 | | | | | |
Balloon payment on the last repayment date | | | $ 60,027,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Repayment date | | | March 2022 | | | | | |
Number of vessels released as collateral | | | one | | | | | |
Amount drawn down | $ 101,750,000 | | | | | | | |
Hamburg Commercial Bank AG ($101,750) [Member] | Minimum [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Loan margin percentage | | | 3.25% | | | | | |
Hamburg Commercial Bank AG ($101,750) [Member] | Maximum [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Loan margin percentage | | | 4.50% | | | | | |
Loan Facility Credit Agricole ($105,000) [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | for the refinancing of seven drybulk vessels. | | | | | |
Line of credit facility initiation date | | | December 2021 | | | | | |
Maximum borrowing capacity | | | $ 105,000,000 | | | | | |
Balloon payment on the last repayment date | | | $ 41,000,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Amount drawn down | 105,000,000 | | | | | | | |
Loan Facility Credit Agricole ($105,000) [Member] | Minimum [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Loan margin percentage | | | 2.85% | | | | | |
Loan Facility Credit Agricole ($105,000) [Member] | Maximum [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Loan margin percentage | | | 3.75% | | | | | |
Four Navios Holdings Credit Facilities [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | $ 36,199,000 | | | | | |
Series I Preferred Stock [Member] | Convertible Debenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Convertible Preferred Stock, Shares Issued upon Conversion | shares | | | | | | | | 1,000 |
Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Repurchased Face Amount | | | | | | | $ 25,000,000 | |
Second Redemption [Member] | Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 20,000,000 | | | | | |
Percentage of principal amount redeemed | | | 100.00% | | | | | |
Redemption date | | | September 13, 2021 | | | | | |
Debt instrument issuance date | | | September 3, 2021 | | | | | |
Third Redemption [Member] | Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 20,000,000 | | | | | |
Percentage of principal amount redeemed | | | 100.00% | | | | | |
Redemption date | | | September 24, 2021 | | | | | |
Debt instrument issuance date | | | September 14, 2021 | | | | | |
Fourth Redemption [Member] | Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 10,000,000 | | | | | |
Percentage of principal amount redeemed | | | 100.00% | | | | | |
Redemption date | | | October 11, 2021 | | | | | |
Debt instrument issuance date | | | October 1, 2021 | | | | | |
Fifth Redemption [Member] | Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 25,000,000 | | | | | |
Percentage of principal amount redeemed | | | 100.00% | | | | | |
Redemption date | | | March 30, 2022 | | | | | |
Debt instrument issuance date | | | March 18, 2022 | | | | | |
First Loan [Member] | Emporiki Bank of Greece $23.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to partially finance the construction of one Panamax vessel | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Line of credit facility initiation date | | | August 2011 | | | | | |
Maximum borrowing capacity | | | $ 23,000,000 | | | | | |
Number of repayment installments | | | 5 | | | | | |
Repayment frequency | | | semi-annual | | | | | |
Repayment installment | | | $ 750,000 | | | | | |
Balloon payment on the last repayment date | | | $ 8,850,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 2.75% | | | | | |
Second Loan [Member] | Emporiki Bank of Greece $23.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to partially finance the construction of one newbuilding bulk carrier | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Line of credit facility initiation date | | | December 2011 | | | | | |
Maximum borrowing capacity | | | $ 23,000,000 | | | | | |
Number of repayment installments | | | 3 | | | | | |
Repayment frequency | | | semi-annual | | | | | |
Repayment installment | | | $ 750,000 | | | | | |
Balloon payment on the last repayment date | | | $ 9,150,000 | | | | | |
Line of Credit Facility, Interest Rate Description | | | LIBOR | | | | | |
Loan margin percentage | | | 3.25% | | | | | |
Tranche A [Member] | DVB Bank SE $42.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to finance the acquisition of a Handysize vessel | | | | | |
Maximum borrowing capacity | | | $ 26,000,000 | | | | | |
Tranche B [Member] | DVB Bank SE $42.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | to refinance the outstanding debt of an Ultra-Handymax vessel | | | | | |
Maximum borrowing capacity | | | $ 16,000,000 | | | | | |
Number of repayment installments | | | | 2 | | | | |
Repayment frequency | | | | quarterly | | | | |
Repayment installment | | | | $ 268,000 | | | | |
Balloon payment on the last repayment date | | | | 3,968,000 | | | | |
Tranche C [Member] | DVB Bank SE $42.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to finance the acquisition of a Capesize vessel | | | | | |
Maximum borrowing capacity | | | $ 30,000,000 | | | | | |
Line of credit facility issuance date | | | Jun. 27, 2014 | | | | | |
Tranche A and Tranche C [Member] | Amended DVB Bank SE $42.0m [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayments of Debt | | | $ 33,003,000 | | | | | |
Repayment date | | | September 2020 | | | | | |
First four installments [Member] | Loan Facility Credit Agricole ($105,000) [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayment installment | | | $ 6,500,000 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Next eight installments [Member] | Loan Facility Credit Agricole ($105,000) [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayment installment | | | $ 4,750,000 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Three of the four new sale and leaseback agreements [Member] | Sale and Leaseback Agreements $77,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Proceeds from Lines of Credit | | | $ 58,000,000 | | | | | |
One Dry Bulk Vessels [Member] | Sale and Leaseback Agreements $77,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayment frequency | | | monthly | | | | | |
Three out of four dry bulk vessels [Member] | Sale and Leaseback Agreements $77,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Outstanding balance under sale and leaseback transaction | | | $ 57,445,000 | | | | | |
Fourth Sale And Leaseback Agreement [Member] | Sale and Leaseback Agreements $77,000 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Repayment frequency | | | monthly | | | | | |
Finance lease, liability | | | $ 19,000,000 | | | | | |
Number of repayment installments | | | 84 | | | | | |
Debt Instrument, Periodic Payment | | | $ 643,000 | | | | | |
Debt Instrument, Maturity Date, Description | | | first quarter of 2029 | | | | | |
Balloon payment | | | $ 1,000,000 | | | | | |
Drawn down date | | | January, 2022 | | | | | |
Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Initiation date | | | November 21, 2017 | | | | | |
Face amount at issuance date | | | $ 305,000,000 | | | | | |
Fixed interest rate | | | 11.25% | | | | | |
Debt instrument, issuance price percentage | | | 97.00% | | | | | |
Description of collateral | | | The 2022 Senior Secured Notes are secured by a first priority lien on certain capital stock owned by certain of the subsidiary guarantors of Navios Holdings in each of Navios GP L.L.C., Navios Logistics and Navios Partners | | | | | |
Debt Instrument, Covenant Description | | | The 2022 Senior Secured Notes contain covenants which, among other things, limit the incurrence of additional indebtedness, issuance of certain preferred stock, the payment of dividends, redemption or repurchase of capital stock or making restricted payments and investments, creation of certain liens, transfer or sale of assets, entering in transactions with affiliate companies, merging or consolidating or selling all or substantially all of the Co-Issuers’ properties and assets and creation or designation of restricted subsidiaries. The indenture governing the 2022 Senior Secured Notes includes customary events of default. | | | | | |
Debt Instrument, Covenant Compliance | | | The Co-Issuers were in compliance with the covenants as of December 31, 2021. | | | | | |
Debt Instrument, Repurchased Face Amount | | | $ 150,000,000 | | | | | |
Amount outstanding | | | $ 130,000,000 | | | | | |
Maturity date | | | August 2022 | | | | | |
Senior Secured 2022 Notes [Member] | Upon occurrence of certain change of control events [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Redemption price percentage | | | 101.00% | | | | | |
Sixth Supplemental Indenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Initiation date | | | October 1, 2020 | | | | | |
Long-term Debt, Description | | | to amend the terms of the indenture and related pledge agreements governing the 2022 Senior Secured Notes following its receipt of consents from bondholders representing a majority in aggregate principal amount (the “Consenting Noteholders”) of the 2022 Senior Secured Notes | | | | | |
Consent Agreement [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Initiation date | | | October 1, 2020 | | | | | |
Long-term Debt, Description | | | which amendments required consent from 66 2/3% of the outstanding 2022 Senior Secured Notes affected. | | | | | |
Seventh Supplemental Indenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Initiation date | | | November 17, 2020 | | | | | |
Long-term Debt, Description | | | to further amend the terms of the indenture governing the 2022 Senior Secured Notes, pursuant to which Wilmington Trust, National Association became the successor Trustee and successor Collateral Trustee in respect of the 2022 Senior Secured Notes. | | | | | |
Eighth Supplemental Indenture [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Initiation date | | | June 29, 2021 | | | | | |
Debt Instrument, Repurchased Face Amount | | | $ 100,000 | | | | | |
Percentage of principal amount redeemed | | | 100.00% | | | | | |
Eighth Supplemental Indenture [Member] | First Redemption [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Redemption date | | | July 23, 2021 | | | | | |
Proceeds from Lines of Credit | | | $ 75,264,000 | | | | | |
2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 650,000,000 | | | | | |
Fixed interest rate | | | 7.375% | | | | | |
Debt Instrument, Repurchased Face Amount | | | $ 21,356,000 | 20,782,000 | $ 81,235,000 | | | |
Debt instrument issuance date | | | November 29, 2013 | | | | | |
Maturity date | | | January 2022 | | | | | |
Debt Instrument, Repurchase Amount | | | $ 18,588,000 | 9,443,000 | 50,683,000 | | | |
Gain/ (Loss) on bond and debt extinguishment | | | 2,728,000 | 11,204,000 | 47,430,000 | | | |
Amount outstanding | | | $ 455,466,000 | | | | | |
Debt Instrument, Collateral | | | 14 drybulk vessels | | | | | |
Cash Collateral for Borrowed Securities | | | $ 84,260,000 | | | | | |
Repayments of Debt | | | $ 455,566,000 | | | | | |
Repayment date | | | January 2022 | | | | | |
2022 Notes [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Repurchased Face Amount | | | | | 35,500,000 | | | |
Debt Instrument, Repurchase Amount | | | | | $ 17,642,000 | | | |
2022 Notes [Member] | Until January 2021 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Collateral | | | 23 dry bulk vessels | | | | | |
Senior Notes 2024 [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Redemption price percentage | | | 100.00% | | | | | |
Senior Notes 2024 [Member] | Series H Preferred Stock [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 4,747,000 | | | | | |
Fixed interest rate | | | 9.75% | | | | | |
Issuance date/Date of agreement | | | Mar. 21, 2019 | | | | | |
Treasury Stock, Shares, Acquired | shares | | | 10,930 | | | | | |
Senior Notes 2024 [Member] | Series G Preferred Stock [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 3,879,000 | | | | | |
Issuance date/Date of agreement | | | Apr. 21, 2019 | | | | | |
Treasury Stock, Shares, Acquired | shares | | | 8,841 | | | | | |
Secured Debt [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Amount outstanding | | | $ 0 | | | | | |
Repayments of Secured Debt | | | $ 70,074,000 | | | | | |
NSM Loan [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Issuance date/Date of agreement | | | Aug. 29, 2019 | | | | | |
Maximum borrowing capacity | | | $ 141,795,000 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Amended NSM Loan [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to refinance the outstanding balance of this facility with the NSM Loan I | | | | | |
Amount outstanding | | | $ 48,879,000 | | | | | |
Line of credit facility initiation date | | | December 2021 | | | | | |
Accrued interest | | | $ 306,000 | | | | | |
$50.0 million NSM Loan [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | to be used for general corporate purposes. | | | | | |
Amount outstanding | | | $ 39,735,000 | | | | | |
Line of credit facility initiation date | | | June 2020 | | | | | |
Maximum borrowing capacity | | | $ 50,000,000 | | | | | |
Number of repayment installments | | | 18 | | | | | |
Repayment frequency | | | quarterly | | | | | |
$115.0 million NSM Loan [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | (i) to refinance the $50.0 million NSM Loan, (ii) to redeem certain 2022 Senior Secured Notes and (iii) to be used for general corporate purposes. | | | | | |
Proceeds from Lines of Credit | | | $ 115,000,000 | | | | | |
Line of credit facility initiation date | | | June 2021 | | | | | |
Maximum borrowing capacity | | | $ 115,000,000 | | | | | |
$115.0 million NSM Loan [Member] | Senior Secured 2022 Notes [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Debt Instrument, Repurchased Face Amount | | | $ 70,000,000 | | | | | |
Amended $115.0 million NSM Loan [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Long-term Debt, Description | | | in order to refinance the outstanding balance of this facility through the NSM Loan II | | | | | |
Amount outstanding | | | $ 64,630,000 | | | | | |
Issuance date/Date of agreement | | | Dec. 31, 2021 | | | | | |
Accrued interest | | | $ 571,000 | | | | | |
NSM Loan I [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Proceeds from Lines of Credit | 79,059,000 | $ 127,632,000 | | | | | | |
Line of credit facility initiation date | | | December 2021 | | | | | |
Maximum borrowing capacity | | | $ 127,632,000 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Repayment installment | | | $ 5,000,000 | | | | | |
Number of loan tranches | | | 2 | | | | | |
NSM Loan I [Member] | Tranche A [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Maximum borrowing capacity | | | $ 48,573,000 | | | | | |
NSM Loan I [Member] | Tranche B [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Maximum borrowing capacity | | | $ 79,059,000 | | | | | |
NSM Loan II [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Proceeds from Lines of Credit | $ 70,941,000 | | | | | | | |
Line of credit facility initiation date | | | December 2021 | | | | | |
Maximum borrowing capacity | | | $ 135,000,000 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Repayment installment | | | $ 5,000,000 | | | | | |
Number of loan tranches | | | 2 | | | | | |
NSM Loan II [Member] | Tranche A [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Maximum borrowing capacity | | | $ 64,059,000 | | | | | |
NSM Loan II [Member] | Tranche B [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Maximum borrowing capacity | | | 70,941,000 | | | | | |
2022 Logistics Senior Notes [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 375,000,000 | | | | | |
Fixed interest rate | | | 7.25% | | | | | |
Redemption price percentage | | | 100.00% | | | | | |
Gain/ (Loss) on bond and debt extinguishment | | | $ 2,661,000 | | | | | |
Issuance date/Date of agreement | | | Apr. 22, 2014 | | | | | |
Maturity Date | | | May 1, 2022 | | | | | |
Debt Instrument, Redemption Period End Date | | | Jul. 16, 2020 | | | | | |
Navios Logistics Term Loan B Facility [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 100,000,000 | | | | | |
Long-term Debt, Description | | | to pay certain fees and expenses related to the offering, with the balance to be used for general corporate purposes. | | | | | |
Gain/ (Loss) on bond and debt extinguishment | | | $ 1,496,000 | | | | | |
Issuance date/Date of agreement | | | Nov. 3, 2017 | | | | | |
Repayments of Debt | | | $ 97,500,000 | | | | | |
Loan margin percentage | | | 4.75% | | | | | |
Repayment date | | | July 8, 2020 | | | | | |
Interest rate | | | LIBOR | | | | | |
Debt amortization percentage | | | 1.00% | | | | | |
Repayments of Related Party Debt | | | $ 375,000,000 | | | | | |
2025 Logistics Senior Notes [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 500,000,000 | | | | | |
Debt Instrument, Covenant Description | | | The 2025 Logistics Senior Notes are secured by (i) first priority ship mortgages on four tanker vessels servicing the Navios Logistics’ cabotage business (the (1) Elena H, (2) Makenita H, (3) Sara H and (4) He Man H) owned by certain subsidiary guarantors (such guarantors, the “Mortgaged Vessel Guarantors”) and related assignments of earnings and insurance together with a first priority lien on the capital stock of each Mortgaged Vessel Guarantor; and (ii) an assignment by way of security of the Vale port contract (collectively, the “Collateral”). | | | | | |
Debt Instrument, Covenant Compliance | | | The Logistics Co-Issuers were in compliance with the covenants as of December 31, 2021. | | | | | |
Long-term Debt, Description | | | to satisfy and discharge the indenture governing the 2022 Logistics Senior Notes | | | | | |
Gain/ (Loss) on bond and debt extinguishment | | | $ 4,157,000 | | | | | |
Issuance date/Date of agreement | | | Jul. 8, 2020 | | | | | |
Proceeds from Issuance of Senior Long-term Debt | | | $ 487,504,000 | | | | | |
Debt finance costs | | | $ 15,927,000 | 19,414,000 | | | | |
2025 Logistics Senior Notes [Member] | Upon occurrence of certain change of control events [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Percentage of principal amount redeemed | | | 100.00% | | | | | |
2025 Logistics Senior Notes [Member] | Prior to August 1, 2022 [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Redemption price percentage | | | 110.75% | | | | | |
Percentage of principal amount redeemed | | | 35.00% | | | | | |
Debt Instrument, Redemption, Description | | | Prior to August 1, 2022, the Logistics Co-Issuers may also redeem all or a part of the 2025 Logistics Senior Notes at a redemption price equal to the sum of: (a) 100% of the principal amount of the 2025 Logistics Senior Notes to be redeemed; plus (b) the applicable “make-whole” premium described in the Indenture governing the 2025 Logistics Senior Notes, plus (c) accrued and unpaid interest, if any, on the 2025 Logistics Senior Notes to be redeemed, to (but excluding) the applicable redemption date, subject to the right of holders of notes on the relevant record date to receive interest due on all the relevant interest payment dates. | | | | | |
Navios Logistics Notes Payable [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Amount outstanding | | | $ 12,463,000 | | | | | |
Maximum borrowing capacity | | | $ 41,964,000 | | | | | |
Number of repayment installments | | | 16 | | | | | |
Repayment frequency | | | semi-annual | | | | | |
Interest rate | | | six-month LIBOR | | | | | |
Debt finance costs | | | $ 5,949,000 | | | | | |
Navios Logistics New BBVA Loan Facility [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 25,000,000 | | | | | |
Debt Instrument, Covenant Compliance | | | Navios Logistics was in compliance with the covenants set forth in the Navios Logistics New BBVA Facility as of December 31, 2021. | | | | | |
Amount outstanding | | | $ 12,000,000 | 22,000,000 | | | | |
Issuance date/Date of agreement | | | Feb. 28, 2020 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Loan margin percentage | | | 3.25% | | | | | |
Sale and Leaseback Transaction Description | | | The Navios Logistics New BBVA Facility was used to repay the then existed debt with the bank, and for general corporate purposes. | | | | | |
Drawn down date | | | July 8, 2020 | | | | | |
Maturity Date | | | Mar. 31, 2022 | | | | | |
Interest rate | | | LIBOR | | | | | |
Description of collateral | | | was secured by assignments of certain receivables. | | | | | |
Navios Logistics 2022 BBVA Facility [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Issuance date/Date of agreement | | | Mar. 23, 2022 | | | | | |
Sale and Leaseback Transaction Description | | | in order to refinance the outstanding balance of Navios Logistics New BBVA Facility through the Navios Logistics 2022 BBVA Facility. | | | | | |
Navios Logistics Alpha Bank Loan [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 14,000,000 | | | | | |
Debt Instrument, Covenant Compliance | | | Navios Logistics was in compliance with the covenants set forth in the Navios Logistics Alpha Bank Loan as of December 31, 2021. | | | | | |
Amount outstanding | | | $ 7,700,000 | $ 9,100,000 | | | | |
Issuance date/Date of agreement | | | May 18, 2017 | | | | | |
Balloon payment on the last repayment date | | | $ 7,000,000 | | | | | |
Loan margin percentage | | | 3.15% | | | | | |
Repayment frequency | | | quarterly | | | | | |
Sale and Leaseback Transaction Description | | | in order to finance the acquisition of two product tankers | | | | | |
Interest rate | | | LIBOR (90 days) | | | | | |
Number of repayment installment | | | 20 | | | | | |
Amended Navios Logistics Alpha Bank Loan [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Face amount at issuance date | | | $ 7,000,000 | | | | | |
Line of credit facility initiation date | | | December 2021 | | | | | |
Balloon payment on the last repayment date | | | $ 2,800,000 | | | | | |
Repayment frequency | | | quarterly | | | | | |
Sale and Leaseback Transaction Description | | | to amend the Navios Logistics Alpha Bank Loan, extending its maturity and amending the repayment schedule. | | | | | |
Number of repayment installment | | | 12 | | | | | |
Other long-term loans [Member] | Navios Logistics [Member] | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | |
Fixed interest rate | | | 6.00% | | | | | |
Debt Instrument, Covenant Compliance | | | Navios Logistics was in compliance with all the covenants set forth in this facility as of December 31, 2021. | | | | | |
Maximum borrowing capacity | | | $ 817,000 | | | | | |
Repayment frequency | | | monthly | | | | | |
Repayment installment | | | $ 6,000 | | | | | |
Line of credit facility issuance date | | | Oct. 29, 2009 | | | | | |
Sale and Leaseback Transaction Description | | | in order to finance the construction of the pushboat Nazira. | | | | | |