Income Taxes	3 Months Ended
Mar. 31, 2014
Income Taxes [Abstract]
Income Taxes	Note 6. Income Taxes We recorded a tax benefit of $882,000 on our $4.0 million of loss before taxes and equity in net loss of unconsolidated entities for the three months ended March 31, 2014. For the three months ended March 31, 2013, we recorded an income tax provision of $35,000 on our $2.0 million of income before taxes and equity in net loss of unconsolidated entities. Included in both our 2014 tax benefit and our 2013 tax provision are taxes on our qualifying U.S. flag operations, which continue to be taxed under a “tonnage tax” regime rather than under the normal U.S. corporate income tax regime and foreign tax withholdings. Our 2014 tax benefit for the quarter ended March 31, 2014, also includes recognition of deferred tax benefits, which we were unable to recognize in 2013 due to the valuation allowance that we reversed in the fourth quarter of 2013, as discussed in our Annual Report on Form 10-K for the year ended December 31, 2013. For further information on certain tax laws and elections, see our Annual Report on Form 10-K filed for the year ended December 31, 2013, including “Note J - Income Taxes” to the consolidated financial statements included therein.

Income Taxes

3 Months Ended

Mar. 31, 2014

Note 6. Income Taxes

We recorded a tax benefit of $882,000 on our $4.0 million of loss before taxes and equity in net loss of unconsolidated entities for the three months ended March 31, 2014. For the three months ended March 31, 2013, we recorded an income tax provision of $35,000 on our $2.0 million of income before taxes and equity in net loss of unconsolidated entities. Included in both our 2014 tax benefit and our 2013 tax provision are taxes on our qualifying U.S. flag operations, which continue to be taxed under a “tonnage tax” regime rather than under the normal U.S. corporate income tax regime and foreign tax withholdings. Our 2014 tax benefit for the quarter ended March 31, 2014, also includes recognition of deferred tax benefits, which we were unable to recognize in 2013 due to the valuation allowance that we reversed in the fourth quarter of 2013, as discussed in our Annual Report on Form 10-K for the year ended December 31, 2013.

For further information on certain tax laws and elections, see our Annual Report on Form 10-K filed for the year ended December 31, 2013, including “Note J - Income Taxes” to the consolidated financial statements included therein.