Unconsolidated Entities

9 Months Ended

Sep. 30, 2012

Unconsolidated Entities [Abstract]

Unconsolidated Entities

Note 3.  Unconsolidated Entities

 

See the table below for our portion of the results from our investments in unconsolidated entities:

Equity in Net Income of Unconsolidated Entities
Three Months	Oslo Bulk AS				Oslo Bulk Holding PTE Ltd 1				Other *					Total
Ended September 30,
		2012	2011			2012		2011		2012		2011			2012	2011
		224	(946	)		26		125		(166	)	(31	)		84	(852	)
Nine Months	Oslo Bulk AS				Oslo Bulk Holding PTE Ltd 1				Other *					Total
Ended September 30,
		2012	2011			2012		2011		2012		2011			2012	2011
		1123	(1202	)		(213	)	17		(245	)	1207			665	22
*In 2011, for all applicable periods,  includes results from RTI Logistics (50% equity), Terminales Transgolfo (49% equity), HAV Shipmanagement (12.5% equity) and Dry Bulk Cape Holding (50% equity).  In 2012 includes results from Terminales Transgolfo only as the balance of the other unconsolidated entities have either been sold or consolidated with their parent.
1 Tony Bulkers formally changed its name to Oslo Bulk Holding, PTE Ltd in 2012.

These investments have been accounting for under the equity method and our portion of their earnings or losses is presented net of any applicable taxes under the caption: "Equity in Net Income (Loss) of Unconsolidated Entities."