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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net loss $ (4,456) $ (1,694)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 3,683 3,637
Amortization of deferred financing costs 117 111
Amortization of nonvested stock compensation expense 572 945
Change in assets and liabilities:    
Decrease in due from charterers 826 58
Increase in prepaid expenses and other current assets (828) (495)
Decrease in accounts payable and accrued expenses (42) (157)
Decrease in due to Parent (43) (603)
Decrease in deferred revenue (5) (99)
Net cash (used in) provided by operating activities (176) 1,703
Cash flows from investing activities:    
Purchase of vessels, including deposits   (953)
Net cash used in investing activities   (953)
Cash flows from financing activities:    
Cash dividends paid (2,951) (3,840)
Payment of deferred financing costs   (54)
Net cash used in financing activities (2,951) (3,894)
Net decrease in cash and cash equivalents (3,127) (3,144)
Cash and cash equivalents at beginning of period 8,300 5,797
Cash and cash equivalents at end of period $ 5,173 $ 2,653