Changes in Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2013

Changes in Accumulated Other Comprehensive Income [Abstract]

Changes in Accumulated Other Comprehensive Income

Note 18.  Changes in Accumulated Other Comprehensive Income

Changes in Accumulated Other Comprehensive Income by Component
For three months ending March 31, 2013
	Gains and Losses on Derivatives Fair Value *			Unrealized Translation Loss			Defined Benefit Pension Items			Total
Beginning balance	$	7,352		$	350		$	17,244		$	24,946
Other comprehensive income
before reclassification		(175	)		(40	)		-			(215	)
Amount reclassified from accumulated		(372	)		-			(311	)		(683	)
other comprehensive income
Net current-period other
comprehensive income		(547	)		(40	)		(311	)		(898	)
Ending balance	$	6,805		$	310		$	16,933		$	24,048

*The fair value balance as of March 31, 2013, includes a negative $919,904 balance related to an interest rate swap from our 25% investment in Oslo Bulk AS.

Reclassifications out of Accumulated Other Comprehensive Income
For three months ending March 31, 2013
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Income			Affected Line Item in the Statement Where Net Income is Presented
Gains and losses on derivatives fair value
Interest rate contracts	$	(401	)	Interest expense
Foreign exchange contracts		29		Other revenues
		(372	)	Total before tax
		-		Tax (expense) or benefit
		(372	)	Net of tax
Amortization of defined benefit pension items
Prior service costs		(24	)	A&G Expense
Actuarial losses		(287	)	A&G Expense
		(311	)	Total before tax
		-		Tax (expense) or benefit
		(311	)	Net of tax
Total reclassifications for the period	$	(683	)	Net of tax