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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2013
SEGMENT INFORMATION  
Schedule of reconciliation of Segment total voyage revenue to total consolidated voyage revenue from external customers

 

 

 

 

For the Three Months Ended
March 31,

 

 

 

2013

 

2012

 

Voyage Revenue from External Customers

 

 

 

 

 

GS&T

 

$

33,690

 

$

52,731

 

Baltic Trading

 

5,986

 

6,294

 

Total operating segments

 

39,676

 

59,025

 

Eliminating revenue

 

 

 

Total consolidated voyage revenue from external customers

 

$

39,676

 

$

59,025

 

 

Schedule of reconciliation of total intersegment revenue

 

 

 

 

For the Three Months Ended
March 31,

 

 

 

2012

 

2011

 

Intersegment revenue

 

 

 

 

 

GS&T

 

$

680

 

$

695

 

Baltic Trading

 

 

 

Total operating segments

 

680

 

695

 

Eliminating revenue

 

(680

)

(695

)

Total consolidated intersegment revenue

 

$

 

$

 

 

Schedule of reconciliation of Segment total net loss to total consolidated net loss

 

 

 

 

For the Three Months Ended
March 31,

 

 

 

2012

 

2011

 

Net loss

 

 

 

 

 

GS&T

 

$

(46,848

)

$

(31,224

)

Baltic Trading

 

(5,083

)

(4,456

)

Total operating segments

 

(51,931

)

(35,680

)

Eliminating net loss

 

19

 

703

 

Total consolidated net loss

 

$

(51,950

)

$

(36,383

)

 

Schedule of reconciliation of Segment total assets to total consolidated assets

 

 

 

 

March 31, 2013

 

December 31,
2012

 

Total assets

 

 

 

 

 

GS&T

 

$

2,447,215

 

$

2,482,486

 

Baltic Trading

 

359,431

 

364,370

 

Total operating segments

 

2,806,646

 

2,846,856

 

Eliminating assets

 

(3,456

)

(3,485

)

Total consolidated assets

 

$

2,803,190

 

$

2,843,371