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Vessels (Tables)

6 Months Ended

Jun. 30, 2013

Vessels (Abstract)

Vessels (Table Text Block)

			Net Book
			Value
Carrying amount as at January 1, 2012			$	1,073,986
Acquisition and improvements				133,105
Disposals				(156,128)
Impairment of vessels				(43,178)
Depreciation				(48,235)
Carrying amount as at December 31, 2012			$	959,550
Acquisitions and improvements				108,000
Depreciation				(24,650)
Carrying amount as at June 30, 2013			$	1,042,900

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5

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