Borrowings (Details Narrative) | 3 Months Ended | 4 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 10 Months Ended | 11 Months Ended | 12 Months Ended | | | | | |
Apr. 11, 2019USD ($) | May 08, 2019USD ($) | Apr. 15, 2019USD ($) | May 31, 2019USD ($) | Jun. 01, 2018USD ($) | May 18, 2018USD ($) | Jun. 28, 2019USD ($) | Jul. 02, 2018USD ($) | Jun. 30, 2017USD ($) | Jun. 28, 2017USD ($) | Jul. 24, 2019USD ($) | Jul. 18, 2017USD ($) | Aug. 31, 2019USD ($) | Aug. 30, 2018USD ($) | Oct. 10, 2019USD ($) | Oct. 31, 2019USD ($) | Oct. 18, 2019 | Nov. 03, 2017USD ($) | Dec. 13, 2018USD ($) | Dec. 31, 2020USD ($) | Dec. 16, 2019USD ($) | Dec. 31, 2019USD ($) | Jul. 02, 2019USD ($) | Jun. 07, 2019USD ($) | Apr. 05, 2019USD ($) | Dec. 31, 2018USD ($) |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | | | | | | | | | | | $ 486,857,000 | | $ 489,028,000 | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | 427,287,000 | | 404,280,000 | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | 131,547,000 | | | | | | |
Finance Lease, Liability | | | | | | | | | | | | | | | | | | | | 63,882,000 | | $ 90,086,000 | | | | |
Panamax vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Vessel capacity in DWT | | | | | | | | | | | | | | | | | 81,000 | | | | | | | | | |
Drybulk vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | | | | | | | $ 37,000,000 | | | | | |
Navios Fantastiks and Navios Beaufiks [Member] | Financial Liabilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Finance Lease, Liability | | | | | | | | | | | | | | | | | | | | 20,790,000 | | | | | | $ 25,000,000 |
Purchase Obligation | | | | | | | | | | | | | | | | | | | | 6,300,000 | | | | | | |
Navios Sol [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | $ 20,000,000 | | | | | | | | | | | | | | | | | | | | | | | | | |
Finance Lease, Liability | | | | | | | | | | | | | | | | | | | | 18,056,000 | | | | | $ 20,000,000 | |
Purchase Obligation | | | | | | | | | | | | | | | | | | | | $ 6,300,000 | | | | | | |
Vessel year built | | | | | | | | | | | | | | | | | | | | 2009 | | | | | | |
Vessel type | | | | | | | | | | | | | | | | | | | | Capesize | | | | | | |
Vessel capacity in DWT | | | | | | | | | | | | | | | | | | | | 180,274 | | | | | | |
Navios Sagittarius [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | $ 7,500,000 | | | | | | | | | | | | | | | | | | | |
Finance Lease, Liability | | | | | | | | | | | | | | | | | | | | $ 4,716,000 | | | | $ 7,500,000 | | |
Purchase Obligation | | | | | | | | | | | | | | | | | | | | $ 2,000,000 | | | | | | |
Vessel year built | | | | | | | | | | | | | | | | | | | | 2006 | | | | | | |
Vessel type | | | | | | | | | | | | | | | | | | | | Panamax | | | | | | |
Vessel capacity in DWT | | | | | | | | | | | | | | | | | | | | 75,756 | | | | | | |
Navios Ace [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | $ 22,000,000 | | | | | | | | | | | | | | | |
Finance Lease, Liability | | | | | | | | | | | | | | | | | | | | $ 20,320,000 | | | $ 22,000,000 | | | |
Purchase Obligation | | | | | | | | | | | | | | | | | | | | $ 6,300,000 | | | | | | |
Vessel year built | | | | | | | | | | | | | | | | | | | | 2011 | | | | | | |
Vessel type | | | | | | | | | | | | | | | | | | | | Capesize | | | | | | |
Vessel capacity in DWT | | | | | | | | | | | | | | | | | | | | 179,016 | | | | | | |
69 consecutive monthly payments [Member] | Navios Fantastiks and Navios Beaufiks [Member] | Financial Liabilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sale Leaseback Transaction, Monthly Rental Payments | | | | | | | | | | | | | | | | | | | | $ 161,000 | | | | | | |
60 consecutive monthly payments [Member] | Navios Fantastiks and Navios Beaufiks [Member] | Financial Liabilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sale Leaseback Transaction, Monthly Rental Payments | | | | | | | | | | | | | | | | | | | | 155,000 | | | | | | |
120 consecutive monthly payments [Member] | Navios Sol [Member] | Financial Liabilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sale Leaseback Transaction, Monthly Rental Payments | | | | | | | | | | | | | | | | | | | | 190,000 | | | | | | |
36 consecutive monthly payments | Navios Sagittarius [Member] | Financial Liabilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sale Leaseback Transaction, Monthly Rental Payments | | | | | | | | | | | | | | | | | | | | 178,000 | | | | | | |
132 consecutive monthly payments | Navios Ace [Member] | Financial Liabilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sale Leaseback Transaction, Monthly Rental Payments | | | | | | | | | | | | | | | | | | | | 198,000 | | | | | | |
Term Loan B Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt face amount | | | | | | | | | | | | | | | | | | | | 250,000,000 | | | | | | |
Number of vessels released as collateral | | | | 5 | | | | | | | | | 5 | | | | | | | | | | | | | 4 |
Cash collateral for borrowed securities | | | | | | | | | | | | | | | | | | | | | | | | | | $ 2,000,000 |
Repayment of debt | | | | $ 73,478,000 | | | | | | | | | $ 85,500,000 | | $ 253,800,000 | | | | | | | | | | | |
Write-off of deferred financing fees | | | | | | | | | | | | | | | 1,973,000 | | | | | | | | | | | |
Write off, of deferred debt unamortized discount | | | | | | | | | | | | | | | 4,101,000 | | | | | | | | | | | |
Term Loan B Credit Facility Addition [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt face amount | | | | | | | | | | | | | | | | | | | | 189,500,000 | | | | | | |
New Term Loan B Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt face amount | | | | | | | | | | | | | | | | | | | | $ 405,000,000 | | | | | | |
Debt Instrument, Issuance Date | | | | | | | | | | | | | | | | | | | | Mar. 14, 2017 | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 5.00% | | | | | | |
Debt Instrument, Maturity Date | | | | | | | | | | | | | | | | | | | | Sep. 14, 2020 | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Line of credit periodic payment percentage | | | | | | | | | | | | | | | | | | | | 1.25% | | | | | | |
Long-term Debt, Description | | | | | | | | | | | | | | | | | | | | The add-on to the Term Loan B Facility bore the same terms as the Term Loan B Facility. Navios Partners used the net proceeds to partially finance the acquisition of three vessels. | | | | | | |
New Term Loan B Facility Addition [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt face amount | | | | | | | | | | | | | | | | | | | | $ 53,000,000 | | | | | | |
Debt Instrument, Issuance Date | | | | | | | | | | | | | | | | | | | | Aug. 10, 2017 | | | | | | |
BNP Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 300 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 3.00% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Jun. 26, 2017 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 32,000,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 8,515,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 3 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 569,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 6,808,000 | | | | | | |
BNP Credit Facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment of debt | | | | | | | | | | | | | | | | | | | $ 15,070,000 | | | | | | | |
Write-off of deferred financing fees | | | | | | | | | | | | | | | | | | | 117,000 | | | | | | | |
Amount drawn down | | | | | | | | | | $ 17,000,000 | | | | | | | | | | | | | | | | |
BNP Credit Facility [Member] | Tranche B [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | $ 15,000,000 | | | | | | | | | | | | | | |
DVB $39m Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment of debt | | | $ 12,250,000 | | | | | $ 20,200,000 | | | | | | | | | | | | | | | | | | |
Write-off of deferred financing fees | | | 94,000 | | | | | $ 209,000 | | | | | | | | | | | | | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Jun. 28, 2017 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 39,000,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 4 | | | | | | |
DVB $39m Credit Facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | $ 7,000,000 | | | | | | | | | | | | | | | | | |
DVB $39m Credit Facility [Member] | Tranche B [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | | | | $ 32,000,000 | | | | | | | | |
DVB $39m Credit Facility [Member] | Additional Amount [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 7,000,000 | | | | | | |
DVB $44m credit facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 290 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 2.90% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Jul. 31, 2018 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 44,000,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 36,823,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 11 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 798,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 28,050,000 | | | | | | |
DVB $44m credit facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | $ 17,500,000 | | | | | | | | | | | | |
DVB $44m credit facility [Member] | Tranche B [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | $ 26,500,000 | | | | | | | | | | | | |
DVB $66m credit facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 260 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 2.60% | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Feb. 12, 2019 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 66,000,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 4 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 49,797,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 23,001,000 | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 3 | | | | | | |
DVB $66m credit facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | 15,675,000 | | | | | | | | | | | | | | | | | | | | | | | |
DVB $66m credit facility [Member] | Tranche B [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | $ 15,675,000 | | | | | | | | | | | | | | | | | | | | | | | |
DVB $66m credit facility [Member] | Tranche C [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | 14,820,000 | | | | | | | | | | | |
DVB $66m credit facility [Member] | Tranche D [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | 14,820,000 | | | | | | | | | | | |
DVB $66m credit facility [Member] | First Two Installments [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 2,243,000 | | | | | | |
DVB $66m credit facility [Member] | Next Twelve Installments [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 12 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 1,859,000 | | | | | | |
Nordea Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 300 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 3.00% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Mar. 26, 2018 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 14,300,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 4,170,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 10 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 298,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 1,190,000 | | | | | | |
Nordea Credit Facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | $ 7,150,000 | | | | | | | | | | | | | | | | | | | | |
Nordea Credit Facility [Member] | Tranche B [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment of debt | | | | | | | | | | | | | | | | | | | 6,554,000 | | | | | | | |
Write-off of deferred financing fees | | | | | | | | | | | | | | | | | | | $ 95,000 | | | | | | | |
Amount drawn down | | | | | $ 7,150,000 | | | | | | | | | | | | | | | | | | | | | |
NIBC Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 275 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 2.75% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Number of vessels released as collateral | | | | | | | | | | | | | | | | | | | | 1 | | | | | | |
Cash collateral for borrowed securities | | | | | | | | | | | | | | | | | | | | $ 5,273,000 | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Dec. 28, 2018 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 28,500,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 3 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 21,878,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 12 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 751,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 12,862,000 | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 3 | | | | | | |
NIBC Credit Facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | $ 11,915,000 | | | | | | | | | | | | | | | | | | | | | | | | |
NIBC Credit Facility [Member] | Two Remaining Tranches [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | 13,475,000 | | | | | | | | | | | |
DNB Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 275 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 2.75% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Apr. 5, 2019 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 40,000,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | 34,350,000 | | | | | | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 30,530,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 14 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 955,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 17,160,000 | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
CACIB Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 275 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 2.75% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | six-month | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Jul. 4, 2019 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 52,800,000 | | | | | | |
Number of loan tranches | | | | | | | | | | | | | | | | | | | | 4 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 43,350,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 9 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 3,150,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 15,000,000 | | | | | | |
CACIB Credit Facility [Member] | Capesize Vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 3 | | | | | | |
CACIB Credit Facility [Member] | Panamax vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 1 | | | | | | |
CACIB Credit Facility [Member] | Tranche A [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | 36,516,000 | | | | | | | | | | | | | |
CACIB Credit Facility [Member] | Tranche B [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | 36,516,000 | | | | | | | | | | | | | |
CACIB Credit Facility [Member] | Tranche C [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | $ 36,516,000 | | | | | | | | | | | | | |
CACIB Credit Facility [Member] | Tranche D [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | | $ 16,284,000 | | | | | | | | | | |
CACIB $33M Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 325 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 3.25% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Sep. 28, 2020 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 33,000,000 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 32,150,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 19 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 850,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 16,000,000 | | | | | | |
CACIB $33M Credit Facility [Member] | Drybulk vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
HCOB Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 320 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 3.20% | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Sep. 26, 2019 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 140,000,000 | | | | | | |
Amount drawn down | | | | | | | | | | | | | | | $ 140,000,000 | | | | | | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 118,500,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 4 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 5,375,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 97,000,000 | | | | | | |
HCOB Credit Facility [Member] | Drybulk vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 8 | | | | | | |
HCOB Credit Facility [Member] | Containerships [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 5 | | | | | | |
ABN Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Dec. 12, 2019 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 23,500,000 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 3,369,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 173,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 3,024,000 | | | | | | |
ABN Credit Facility [Member] | Containerships [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 5 | | | | | | |
ABN Credit Facility [Member] | Up to February 28, 2021 [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 4.00% | | | | | | |
ABN Credit Facility [Member] | Up to maturity date | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 6.00% | | | | | | |
ABN 32.2M Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Jun. 26, 2020 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 32,200,000 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 27,095,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 1,190,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 24,715,000 | | | | | | |
ABN 32.2M Credit Facility [Member] | Drybulk vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 5 | | | | | | |
ABN 32.2M Credit Facility [Member] | Up to maturity date | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 4.25% | | | | | | |
ABN 32.2M Credit Facility [Member] | Up to December 31, 2020 [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 4.00% | | | | | | |
Dory Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Dec. 16, 2019 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 37,000,000 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | $ 35,150,000 | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 6 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 925,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 29,600,000 | | | | | | |
Dory Credit Facility [Member] | Drybulk vessels [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Number of vessels refinanced | | | | | | | | | | | | | | | | | | | | 4 | | | | | | |
Dory Credit Facility [Member] | First Twelve Month Period After Utilization Date [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 4.75% | | | | | | |
Dory Credit Facility [Member] | Following 12 month period after utilisation date | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Dory Credit Facility [Member] | Period commencing 24 months after utilisation date | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR | | | | | | |
Dory Credit Facility [Member] | Following Twelve Month Period After Utilization Date [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 6.00% | | | | | | |
Dory Credit Facility [Member] | Period Commencing 24 Months After Utilization Date [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 7.00% | | | | | | |
Hellenic Bank Credit Facility [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest rate description | | | | | | | | | | | | | | | | | | | | LIBOR plus 350 bps | | | | | | |
Interest rate percentage | | | | | | | | | | | | | | | | | | | | 3.50% | | | | | | |
Credit Facility, Initiation Date | | | | | | | | | | | | | | | | | | | | Jun. 25, 2020 | | | | | | |
Credit facility, maximum borrowing capacity | | | | | | | | | | | | | | | | | | | | $ 17,000,000 | | | | | | |
Outstanding balance | | | | | | | | | | | | | | | | | | | | 15,960,000 | | | | | | |
Balloon payment on the last repayment date | | | | | | | | | | | | | | | | | | | | $ 8,320,000 | | | | | | |
Hellenic Bank Credit Facility [Member] | First Two Consecutive Installments [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 2 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 520,000 | | | | | | |
Hellenic Bank Credit Facility [Member] | Ten Consecutive Installments [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Repayment frequency | | | | | | | | | | | | | | | | | | | | quarterly | | | | | | |
Repayment installments | | | | | | | | | | | | | | | | | | | | 10 | | | | | | |
Repayment amount | | | | | | | | | | | | | | | | | | | | $ 660,000 | | | | | | |
Credit Facilities [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description of violation or event of default | | | | | | | | | | | | | | | | | | | | The credit facilities require compliance with a number of financial covenants, including: (i) maintain a required security amount ranging over 120% to 140%; (ii) minimum free consolidated liquidity in an amount equal to at least $0.5 million to $0.65 million per owned vessel; (iii) maintain a ratio of EBITDA to interest expense of at least 2.00:1.00; (iv) maintain a ratio of total liabilities or total debt to total assets (as defined in the Company’s credit facilities) ranging of less than 0.75; and (v) maintain a minimum net worth to $135,000. | | | | | | |
Total Liabilities to Total Assets ratio | | | | | | | | | | | | | | | | | | | | 0.75 | | | | | | |
Minimum Net Worth Required for Compliance | | | | | | | | | | | | | | | | | | | | $ 135,000,000 | | | | | | |
Credit Facilities [Member] | Minimum [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Security cover ratio | | | | | | | | | | | | | | | | | | | | 120.00% | | | | | | |
Minimum free consolidated liquidity | | | | | | | | | | | | | | | | | | | | $ 500,000 | | | | | | |
Ratio of EBITDA to interest expense | | | | | | | | | | | | | | | | | | | | 200.00% | | | | | | |
Credit Facilities [Member] | Maximum [Member] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | | |
Security cover ratio | | | | | | | | | | | | | | | | | | | | 140.00% | | | | | | |
Minimum free consolidated liquidity | | | | | | | | | | | | | | | | | | | | $ 650,000 | | | | | | |