XML 27 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating revenues        
Time charter revenues $ 6,067 $ 5,788 $ 15,503 $ 12,257
Voyage charter revenues 8,604 1,872 11,262 1,872
Other Operating Income 5,922 0 13,933 0
Total operating revenues 20,593 7,660 40,698 14,129
Operating expenses        
Voyage expenses and commission 5,643 1,519 7,242 1,652
Ship operating expenses 3,315 1,859 6,357 3,832
Administrative expenses 1,095 1,345 2,479 2,415
Depreciation 3,745 2,750 6,392 5,494
Total operating expenses 13,798 7,473 22,470 13,393
Net operating income 6,795 187 18,228 736
Other income (expenses)        
Interest income 5 9 10 29
Interest expense (191) (708) (755) (1,553)
Other financial items (141) (116) (255) (266)
Net other expenses (327) (815) (1,000) (1,790)
Net (loss) income from continuing operations 6,468 (628) 17,228 (1,054)
Net loss from discontinued operations (186) (356) (228) (6,868)
Net (loss) income $ 6,282 $ (984) $ 17,000 $ (7,922)
Income (Loss) from Continuing Operations, Per Basic and Diluted Share $ 0.14 $ (0.03) $ 0.46 $ (0.04)
Per share information:        
(Loss) earnings per share from discontinued operations: basic $ (0.01) $ (0.01) $ (0.01) $ (0.28)
(Loss) earnings per share: basic $ 0.13 $ (0.04) $ 0.45 $ (0.32)
Dividends payable per share $ 0.20 $ 0.175 $ 0.375 $ 0.85