Unconsolidated Entities

9 Months Ended

Sep. 30, 2013

Unconsolidated Entities [Abstract]

Unconsolidated Entities

Note 7.  Unconsolidated Entities

The following table summarizes our equity in net (loss) income of unconsolidated entities for the three and nine months ended September 30, 2013 and 2012, respectively.

		Three Months ended September 30,				Nine Months Ended September 30,
		2013		2012		2013		2012
(Amounts in thousands)
Oslo Bulk, AS	$	(193)	$	224	$	(290)	$	1,123
Oslo Bulk Holding Pte. Ltd. (formerly Tony Bulkers)		(122)		26		(363)		(213)
Terminales Transgolfo,  S . A .  de  C . V .		(45)		(166)		(52)		(245)
Total Equity in Net (Loss) Income of Unconsolidated Entities	$	(360)	$	84	$	(705)	$	665

These investments have been accounted for under the equity method and our portion of their earnings or losses is presented net of any applicable taxes on our condensed consolidated statements of income under the caption: "Equity in Net (Loss) Income of Unconsolidated Entities (Net of Applicable Taxes).”