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Transactions with Related Parties | 6 Months Ended
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Jun. 30, 2015
Transactions with Related Parties [Abstract] |
Transactions with Related Parties: | 3. Transactions with Related Parties: Details of the Company's transactions with related parties are discussed in Note 3 of the Company's consolidated financial statements for the year ended December 31, 2014, included in the Company's annual report on Form 20-F. In addition to those transactions, three of the Excel Vessels (Christine (tbr Star Martha), Star Pauline and Star Despoina), which were acquired with attached time charters, are managed by Maryville Maritime Inc. (“Maryville”), a subsidiary of Excel. Maryville is managing these three vessels until the expiration of their existing time charter agreements (two of which expired in August 2015 and one which expires in October 2015) at a monthly fee of $17.5 per vessel. Transactions and balances with related parties are analyzed as follows:
Balance Sheet |  |  |  |  |  |  |
|  |  | December 31, 2014 |  |  | June 30, 2015 |
Assets |  |  |  |  |  |  |
Oceanbulk Maritime S.A. and its affiliates |  | $ | 241 |  | $ | 667 |
Product Shipping & Trading S.A. |  |  | 4 |  |  | 4 |
Total Assets |  | $ | 245 |  | $ | 671 |
Liabilities |  |  |  |  |  |  |
Interchart Shipping Inc. |  | $ | 6 |  | $ | 6 |
Combine Marine Ltd. |  |  | - |  |  | 9 |
Management and Directors Fees |  |  | 462 |  |  | 314 |
Managed Vessels of Oceanbulk Shipping LLC |  |  | 9 |  |  | 7 |
Oceanbulk Sellers (Note 13) |  |  | 1,689 |  |  | 50 |
Maryville Maritime Inc. |  |  | - |  |  | 514 |
Total Liabilities |  | $ | 2,166 |  | $ | 900 |
Excel Vessel Bridge Facility outstanding balance |  |  |  |  |  |  |
|  |  | December 31, 2014 |  |  | June 30, 2015 |
Excel Vessel Bridge Facility - current portion |  | $ | 8,168 |  | $ | - |
Excel Vessel Bridge Facility - non- current portion |  |  | 47,993 |  |  | - |
Total Excel Vessel Bridge Facility |  | $ | 56,161 |  | $ | - |
Capitalized Expenses |  |  | December 31, 2014 |  |  | June 30, 2015 |
Advances for vessels under construction and acquisition of vessels |  |  |  |  |  |  |
Oceanbulk Maritime S.A.- commission fee for newbuilding vessels |  | $ | 1,038 |  | $ | 1,557 |
Statements of Operations |  |  |  |  |  |  |
|  | Six month period ended June 30, |
|  |  | 2014 |  |  | 2015 |
Voyage expenses-Interchart |  | $ | (385 | ) | $ | (1,650 | )
Executive directors consultancy fees |  |  | (286 | ) |  | (317 | )
Non-executive directors compensation |  |  | (71 | ) |  | (79 | )
Office rent - Combine Marine Ltd. |  |  | (21 | ) |  | (17 | )
Management fee expense - Maryville Maritime Inc. |  |  | - |  |  | (315 | )
Interest on Excel Vessel Bridge Facility |  |  | - |  |  | (220 | )
Management fee income - Oceanbulk Maritime S.A. |  |  | 93 |  |  | - |
Management fee income - Managed Vessels of Oceanbulk Shipping LLC |  |  | 1,299 |  |  | - |
Management fee income Product Shipping & Trading S.A. |  |  | 62 |  |  | - |

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 + Details
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