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NONVESTED STOCK AWARDS (Tables) | 6 Months Ended
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Jun. 30, 2014
2005 and 2012 GS&T Plans |
Nonvested Stock Awards |
Summary of nonvested stock awards |
|  | Number of Shares |  | Weighted Average Grant Date Price |
Outstanding at January 1, 2014 |  | 880,465 |  | $ | 7.77 |
Granted |  | — |  | — |
Vested |  | — |  | — |
Forfeited |  | — |  | — |
Outstanding at June 30, 2014 |  | 880,465 |  | $ | 7.77 |
Schedule of nonvested stock amortization expense |
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
General, administrative, and management fees |  | $ | 393 |  | $ | 796 |  | $ | 820 |  | $ | 1,565 |
Baltic Trading Plan |
Nonvested Stock Awards |
Summary of nonvested stock awards |
|  | Number of Baltic Trading Common Shares |  | Weighted Average Grant Date Price |
Outstanding at January 1, 2014 |  | 1,381,429 |  | $ | 6.03 |
Granted |  | 36,345 |  | 6.19 |
Vested |  | (176,180 | ) | 10.53 |
Forfeited |  | — |  | — |
Outstanding at June 30, 2014 |  | 1,241,594 |  | $ | 5.39 |
Schedule of nonvested stock amortization expense |
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
General, administrative, and management fees |  | $ | 908 |  | $ | 351 |  | $ | 1,871 |  | $ | 815 |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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