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Transactions with Related Parties (Tables)
 12 Months Ended
Dec. 31, 2014
Transactions with Related Parties [Abstract]  
Schedule of related party transactions
 
 
 
 
 
 
 
 
 
 
 
Balance Sheet
 
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
 
2014
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
 
Combine Marine Ltd (c)
 
$
1
 
$
-
 
 
 
 
Oceanbulk Maritime S.A. and its affiliates (d)
 
 
9
 
 
241
 
 
 
 
Managed Vessels of Oceanbulk Shipping (e )
 
 
420
 
 
-
 
 
 
 
Product Shipping & Trading S.A (f)
 
 
56
 
 
4
 
 
 
 
Total Assets
 
$
486
 
$
245
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
Interchart Shipping Inc. (a)
 
$
58
 
$
6
 
 
 
 
Management and Directors Fees (b)
 
 
111
 
 
462
 
 
 
 
Managed Vessels of Oceanbulk Shipping LLC (e )
 
 
-
 
 
9
 
 
 
 
Oceanbulk Sellers (Note 17.2)
 
 
390
 
 
1,689
 
 
 
 
Total Liabilities
 
$
559
 
$
2,166
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Excel Vessel Bridge Facility outstanding balance
 
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
 
2014
 
 
 
 
Excel Vessel Bridge Facility - current portion (i)
 
$
-
 
$
8,168
 
 
 
 
Excel Vessel Bridge Facility - non current portion (i)
 
 
-
 
 
47,993
 
 
 
 
Total Excel Vessel Bridge Facility
 
$
-
 
$
56,161
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capitalized Expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
 
2014
 
 
 
 
Advances for vessels under construction and acquisition of vessels
 
 
 
 
 
 
 
 
 
 
Oceanbulk Maritime S.A.- commision fee for newbuilding vessels (d)
 
$
519
 
$
1,038
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Statements of Operations
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
 
2013
 
 
2014
 
Commission on sale of vessel-Oceanbulk (d)
 
$
(91)  
 
$
(90)  
 
$
-
 
Executive directors consultancy fees (b)
 
 
(453)  
 
 
(528)  
 
 
(1,516)  
 
Non-executive directors compensation (b)
 
 
(124)  
 
 
(114)  
 
 
(191)  
 
Office rent - Combine Marine Ltd. (c )
 
 
(40)  
 
 
(41)  
 
 
(42)  
 
Voyage expenses-Interchart (a)
 
 
(1,134)  
 
 
(773)  
 
 
(1,997)  
 
Management fee expense - Oceanbulk Maritime S.A. (d)
 
 
-
 
 
-
 
 
(158)  
 
Interest on Excel Vessel Bridge Facility (i)
 
 
-
 
 
-
 
 
(1,659)  
 
Management fee income - Oceanbulk Maritime S.A. (d)
 
 
-
 
 
-
 
 
188  
 
Management fee income - Managed Vessels of Oceanbulk Shipping LLC (e )
 
 
204  
 
 
823  
 
 
1,390  
 
Management fee income Product Shipping & Trading S.A. (f)
 
 
-
 
 
242  
 
 
62