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Unconsolidated Entities
 6 Months Ended
Jun. 30, 2015
Unconsolidated Entities [Abstract]  
Unconsolidated Entities

NOTE 5 – UNCONSOLIDATED ENTITIES

The following table summarizes our equity in net income (loss) of unconsolidated entities for the three and six months ended June 30, 2015 and 2014, respectively:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(All Amounts in Thousands)

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

Oslo Bulk, AS

 

$
171 

 

$
(25)

 

$
686 

 

$
(87)

Oslo Bulk Holding Pte. Ltd (formerly Tony Bulkers)

 

 
36 

 

 
(64)

 

 
156 

 

 
(82)

Terminales Transgolfo,  S.A. de C.V.

 

 
117 

 

 
(39)

 

 
43 

 

 
(67)

Saltholmen Shipping Ltd

 

 
261 

 

 
48 

 

 
512 

 

 
48 

Brattholmen Shipping Ltd

 

 
80 

 

 

 -

 

 
161 

 

 

 -

Total Equity in Net Income (Loss) of Unconsolidated Entities

 

$
665 

 

$
(80)

 

$
1,558 

 

$
(188)

 

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 operations under the caption "Equity in Net Income (Loss) of Unconsolidated Entities (Net of Applicable Taxes).”

For additional information on our investment in these and other unconsolidated entities, see Note E – Unconsolidated Entities to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014.