XML 20 R10.htm IDEA: XBRL DOCUMENT v3.5.0.2
Transactions with Related Parties
6 Months Ended
Jun. 30, 2016
Transactions with Related Parties [Abstract]  
Transactions with Related Parties:
3.      Transactions with Related Parties:
Details of the Company's transactions with related parties did not change in the six-month period ended June 30, 2016 and are discussed in Note 3 of the Company's consolidated financial statements for the year ended December 31, 2015, included in the Company's 2015 20-F Annual Report.
Transactions and balances with related parties are analyzed as follows:
 
 
Balance Sheet
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
June 30, 2016
Assets
 
 
 
 
 
 
Oceanbulk Maritime S.A. and its affiliates
 
$
1,209
 
$
672
Total Assets
 
$
1,209
 
$
672
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
Interchart Shipping Inc.
 
$
8
 
$
125
Combine Marine Ltd.
 
 
9
 
 
-
Oceanbulk Maritime S.A. and its affiliates
 
 
33
 
 
29
Management and Directors Fees
 
 
315
 
 
254
Managed Vessels of Oceanbulk Shipping LLC
 
 
7
 
 
7
Oceanbulk Sellers
 
 
50
 
 
-
Total Liabilities
 
$
422
 
$
415
 
 
 
 
 
 
 
Statements of Operations
 
 
Six month period ended
June 30,
 
 
 
2015
 
 
2016
Voyage expenses-Interchart
 
$
(1,650)  
 
$
(1,650)  
Executive directors consultancy fees
 
 
(317)  
 
 
(248)  
Non-executive directors compensation
 
 
(79)  
 
 
(75)  
Office rent - Combine Marine Ltd.
 
 
(17)  
 
 
(17)  
Management fee expense - Maryville Maritime Inc.
 
 
(315)  
 
 
                           -   
Interest on Excel Vessel Bridge Facility
 
 
(220)  
 
 
                           -