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Above market acquired charters (Tables)

6 Months Ended

Jun. 30, 2012

Above Market Acquired Charters (Abstract)

Above Market Acquired Charters (Table Text Block)


Above market acquired charters		M/V Cape Agamemnon				M/T Assos				Total
Carrying amount as at January 1, 2011			—				8,062				8,062
Acquisition			48,551				—				48,551
Amortization			(3,008	)			(2,481	)			(5,489	)

Carrying amount as at December 31, 2011		$	45,543			$	5,581			$	51,124

Amortization			(2,672	)			(1,237	)			(3,909	)

Carrying amount as at June 30, 2012		$	42,871			$	4,344			$	47,215

Above Market Acquired Charter Future Amortization Expense (Table Text Block)


For the twelve months period ended June 30,		M/V Cape Agamemnon				M/T Assos				Total
2013			5,357				2,481				7,838
2014			5,357				1,863				7,220
2015			5,357				—				5,357
2016			5,371				—				5,371
2017			5,357				—				5,357
Thereafter			16,072				—				16,072

Total			42,871				4,344				47,215