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Transactions with Related Parties (Tables)
 6 Months Ended
Jun. 30, 2015
Transactions with Related Parties [Abstract]  
Schedule of related party transactions
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
 
 
-