v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 4,423 $ 8,300
Due from charterers, net of a reserve of $24 and $52, respectively 1,990 1,653
Prepaid expenses and other current assets 2,648 2,467
Total current assets 9,061 12,420
Noncurrent assets:    
Vessels, net of accumulated depreciation of $29,466 and $22,107, respectively 362,862 370,222
Fixed assets, net of accumulated depreciation of $28 and $20, respectively 20 23
Deferred financing costs, net of accumulated amortization of $969 and $737, respectively 2,058 2,290
Total noncurrent assets 364,940 372,535
Total assets 374,001 384,955
Current liabilities:    
Accounts payable and accrued expenses 2,264 1,972
Deferred revenue 69 71
Due to Parent 48 59
Total current liabilities 2,381 2,102
Noncurrent liabilities:    
Long-term debt 101,250 101,250
Total noncurrent liabilities: 101,250 101,250
Total liabilities 103,631 103,352
Commitments and contingencies      
Shareholders' equity:    
Additional paid-in capital 277,811 280,923
(Accumulated deficit) retained earnings (7,668) 453
Total shareholders' equity 270,370 281,603
Total liabilities and shareholders' equity 374,001 384,955
Common Stock
    
Shareholders' equity:    
Common stock 170 170
Class B Stock
    
Shareholders' equity:    
Common stock $ 57 $ 57