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Unaudited Interim Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Revenues:    
Voyage revenues $ 43,064 $ 35,362
Management fee income (Note 3) 1,861 456
Total revenues 44,925 35,818
Expenses    
Voyage expenses 7,721 4,505
Vessel operating expenses 16,062 13,732
Dry docking expenses 1,264 572
Depreciation 9,777 8,070
General and administrative expenses 10,215 4,709
Bad debt expense 215 0
Loss on sale of vessel (Note 5) 0 81
Other operational loss (Note 11) 94 562
Other operational gain (Note 10) (407) (1,647)
Total Operating Expenses 44,941 30,584
Operating income/ (loss) (16) 5,234
Other Income / (Expenses)    
Interest and finance costs (Note 8) (3,057) (3,794)
Gain/ (loss) on derivative financial instruments, net (Note 15) (819) 438
Interest and other income 21 86
Total other expenses, net (3,855) (3,270)
INCOME/ (LOSS) BEFORE EQUITY IN INCOME OF INVESTEE (3,871) 1,964
Equity in income of investee 1 0
Net Income / (loss) $ (3,870) $ 1,964
Earnings / (loss) per share, basic (Note 12) $ (0.13) $ 0.36
Earnings / (loss) per share, diluted (Note 12) $ (0.13) $ 0.36
Weighted average number of shares outstanding, basic (Note 12) 28,973,621 5,414,998
Weighted average number of shares outstanding, diluted (Note 12) 28,973,621 5,443,639