v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 3,261 $ 8,300
Due from charterers, net of a reserve of $110 and $52, respectively 595 1,653
Prepaid expenses and other current assets 3,176 2,467
Total current assets 7,032 12,420
Noncurrent assets:    
Vessels, net of accumulated depreciation of $33,186 and $22,107, respectively 359,138 370,222
Fixed assets, net of accumulated depreciation of $32 and $20, respectively 16 23
Deferred financing costs, net of accumulated amortization of $1,086 and $737, respectively 1,941 2,290
Total noncurrent assets 361,095 372,535
Total assets 368,127 384,955
Current liabilities:    
Accounts payable and accrued expenses 1,812 1,972
Deferred revenue 220 71
Due to Parent 28 59
Total current liabilities 2,060 2,102
Noncurrent liabilities:    
Long-term debt 101,250 101,250
Total noncurrent liabilities: 101,250 101,250
Total liabilities 103,310 103,352
Commitments and contingencies      
Shareholders' equity:    
Additional paid-in capital 277,079 280,923
(Accumulated deficit) retained earnings (12,489) 453
Total shareholders' equity 264,817 281,603
Total liabilities and shareholders' equity 368,127 384,955
Common Stock
    
Shareholders' equity:    
Common stock 170 170
Class B Stock
    
Shareholders' equity:    
Common stock $ 57 $ 57