QUARTERLY FINANCIAL INFORMATION - (Unaudited)

12 Months Ended

Dec. 31, 2012

QUARTERLY FINANCIAL INFORMATION (Unaudited) [Abstract]

QUARTERLY FINANCIAL INFORMATION (Unaudited)

NOTE AA – QUARTERLY FINANCIAL INFORMATION – (Unaudited)

	(Amounts in thousands except share data)	Quarter Ended
		March 31		June 30		Sept. 30		Dec. 31
2012	Revenues	$	65,204	$	60,320	$	61,162	$	56,810
	Voyage Expenses	$	50,826	$	47,026	$	45,394	$	45,262
	Operating Income	$	6,312	$	3,518	$	4,013	$	10,128
	Net Income	$	7,936	$	704	$	1,782	$	11,540
	Basic and Diluted Earnings per Common Share:
	Basic Earnings Per Common Share	$	1.11	$	0.10	$	0.25	$	1.60
	Diluted Earnings Per Common Share	$	1.11	$	0.10	$	0.25	$	1.60
2011	Revenues	$	64,334	$	69,961	$	67,087	$	61,814
	Voyage Expenses	$	48,990	$	51,814	$	46,911	$	44,367
	Operating Income	$	22,855	$	6,727	$	8,632	$	5,395
	Net Income	$	24,080	$	2,838	$	2,850	$	1,781
	Basic and Diluted Earnings per Common Share:
	Basic Earnings Per Common Share	$	3.33	$	0.39	$	0.40	$	0.25
	Diluted Earnings Per Common Share	$	3.32	$	0.39	$	0.40	$	0.25