XML 72 R59.htm IDEA: XBRL DOCUMENT v3.3.1.900
Transactions with Related Parties - Additional Information (Details)
2 Months Ended 4 Months Ended 6 Months Ended 9 Months Ended 10 Months Ended 12 Months Ended
May. 31, 2014
USD ($)
Apr. 30, 2014
USD ($)
Jul. 11, 2014
Jul. 10, 2014
USD ($)
Jun. 30, 2014
USD ($)
Sep. 30, 2013
USD ($)
Oct. 28, 2015
shares
Dec. 31, 2015
USD ($)
Dec. 31, 2013
USD ($)
Dec. 31, 2012
USD ($)
Dec. 31, 2012
EUR (€)
Jul. 31, 2015
Aug. 19, 2014
Related Party Transaction [Line Items]                          
Exchange rate EUR/USD               1.09       1.34  
Daily fixed management fee               $ 750          
Monthly lump sum management fee per vessel               $ 17,500          
Number of directors               9          
Combine Marine Ltd                          
Related Party Transaction [Line Items]                          
Leasing agreements, Office space, Term of contract                   1 year 1 year    
Rent expense per month                   $ 3,000 € 2,500    
Oceanbulk Maritime S.A.                          
Related Party Transaction [Line Items]                          
Number of newbuilding contracts               9          
Vessel acquisition commission percentage               0.50%          
Related Parties Commissions Fees               $ 2,077,000          
Pre-delivery installments   $ 519,000             $ 519,000        
Number of installments               4          
Daily fixed management fee $ 170             $ 110          
Vessel acquisition commission, Flat fee               200,000          
Supervision costs               $ 850,000          
Issuance of shares, representing the third installment | shares             171,171            
Expiration date of agreement               Jul. 11, 2014          
Managed Vessels of Oceanbulk Shipping LLC                          
Related Party Transaction [Line Items]                          
Daily fixed management fee       $ 750                  
Expiration date of agreement               Jul. 11, 2014          
Product Shipping & Trading S.A.                          
Related Party Transaction [Line Items]                          
Daily fixed management fee         $ 20 $ 130              
Expiration date of agreement               Jul. 01, 2014          
Maryville Maritime Inc.                          
Related Party Transaction [Line Items]                          
Monthly lump sum management fee per vessel               $ 17,500          
Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage     33.00%                    
Equity Method Investment Ownership Percentage     61.30%                    
Capesize vessels                          
Related Party Transaction [Line Items]                          
Number of vessels acquired                         6
Capesize vessels | Oceanbulk Maritime S.A.                          
Related Party Transaction [Line Items]                          
Number of newbuilding contracts               2          
Newcastlemax vessels | Oceanbulk Maritime S.A.                          
Related Party Transaction [Line Items]                          
Number of newbuilding contracts               3          
Ultramax vessels | Oceanbulk Maritime S.A.                          
Related Party Transaction [Line Items]                          
Number of newbuilding contracts               4          
Heron vessels                          
Related Party Transaction [Line Items]                          
Delivery date               December 5, 2014          
Number of vessels acquired               2          
Beneficial Ownership Of 40% Or More | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Number of directors               4          
Beneficial Ownership of 25% but less than 40% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Number of directors               3          
Beneficial Ownership of 15% but less than 25% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Number of directors               2          
Beneficial Ownership of 5% but less than 15% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Number of directors               1          
Maximum | Beneficial Ownership of 25% but less than 40% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               40.00%          
Maximum | Beneficial Ownership of 15% but less than 25% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               25.00%          
Maximum | Beneficial Ownership of 5% but less than 15% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               15.00%          
Minimum | Beneficial Ownership Of 40% Or More | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               40.00%          
Minimum | Beneficial Ownership of 25% but less than 40% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               25.00%          
Minimum | Beneficial Ownership of 15% but less than 25% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               15.00%          
Minimum | Beneficial Ownership of 5% but less than 15% | Shareholders Agreement | Oaktree                          
Related Party Transaction [Line Items]                          
Voting percentage               5.00%