v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 5,173 $ 8,300
Due from charterers, net of a reserve of $43 and $52, respectively 827 1,653
Prepaid expenses and other current assets 3,295 2,467
Total current assets 9,295 12,420
Noncurrent assets:    
Vessels, net of accumulated depreciation of $25,787 and $22,107, respectively 366,542 370,222
Fixed assets, net of accumulated depreciation of $24 and $20, respectively 25 23
Deferred financing costs, net of accumulated amortization of $853 and $737, respectively 2,174 2,290
Total noncurrent assets 368,741 372,535
Total assets 378,036 384,955
Current liabilities:    
Accounts payable and accrued expenses 1,935 1,972
Deferred revenue 66 71
Due to Parent 17 59
Total current liabilities 2,018 2,102
Noncurrent liabilities:    
Long-term debt 101,250 101,250
Total noncurrent liabilities: 101,250 101,250
Total liabilities 103,268 103,352
Commitments and contingencies      
Shareholders' equity:    
Additional paid-in capital 278,544 280,923
(Accumulated deficit) retained earnings (4,003) 453
Total shareholders' equity 274,768 281,603
Total liabilities and shareholders' equity 378,036 384,955
Common stock
    
Shareholders' equity:    
Common stock 170 170
Class B stock
    
Shareholders' equity:    
Common stock $ 57 $ 57