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Changes in Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2013
Changes in Accumulated Other Comprehensive Income [Abstract]  
Changes in Accumulated Other Comprehensive Income by Component
Changes in Accumulated Other Comprehensive Income by Component
 
For the three months ending June 30, 2013
 
   
(Gains) and Losses on Derivatives Fair Value *
  
Unrealized Translation (Gain) / Loss
  
Defined Benefit Pension Items
  
Total
 
              
Beginning balance April 1, 2013
 $6,805  $310  $16,933  $24,048 
                  
Other comprehensive income
                
before reclassification
  (620)  (206)  -   (826)
                  
Amount reclassified from accumulated
  (342)  -   (310)  (652)
other comprehensive income
                
Net current-period other
                
comprehensive income
  (962)  (206)  (310)  (1,478)
                  
Ending balance
 $5,843  $104  $16,623  $22,570 

*The fair value balance as of June 30, 2013, includes a negative $722,503 balance related to an interest rate swap from our 25% investment in Oslo Bulk AS.
 
Changes in Accumulated Other Comprehensive Income by Component
 
For the six months ending June 30, 2013
 
              
   
(Gains) and Losses on Derivatives Fair Value *
  
Unrealized Translation (Gain) / Loss
  
Defined Benefit Pension Items
  
Total
 
              
Beginning balance January 1, 2013
 $7,352  $350  $17,244  $24,946 
                  
Other comprehensive income
                
before reclassification
  (795)  (246)  -   (1,041)
                  
Amount reclassified from accumulated
  (714)  -   (621)  (1,335)
other comprehensive income
                
                  
Net current-period other
                
comprehensive income
  (1,509)  (246)  (621)  (2,376)
                  
Ending balance
 $5,843  $104  $16,623  $22,570 

*The fair value balance as of June 30, 2013, includes a negative $722,503 balance related to an interest rate swap from our 25% investment in Oslo Bulk AS.
Reclassifications out of Accumulated Other Comprehensive Income
Reclassifications out of Accumulated Other Comprehensive Income
For the three months ending June 30, 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
 $(248)
Interest expense
Foreign exchange contracts
  (94)
Other revenues
    (342)
Total before tax
    - 
Tax (expense) or benefit
    (342)
Net of tax
       
Amortization of defined benefit pension items
     
Prior service costs
  (24)
A&G Expense
Actuarial losses
  (286)
A&G Expense
Actuarial gains/(losses)
  -  
    (310)
Total before tax
    - 
Tax (expense) or benefit
    (310)
Net of tax
       
Total reclassifications for the period
 $(652)
Net of tax
 
 
Reclassifications out of Accumulated Other Comprehensive Income
For the six months ending June 30, 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
 $(649)
Interest expense
Foreign exchange contracts
  (65)
Other revenues
    (714)
Total before tax
    - 
Tax (expense) or benefit
    (714)
Net of tax
Amortization of defined benefit pension items
     
       
Prior service costs
  (48)
A&G Expense
Actuarial losses
  (573)
A&G Expense
    (621)
Total before tax
    - 
Tax (expense) or benefit
    (621)
Net of tax
       
Total reclassifications for the period
 $(1,335)
Net of tax