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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2014

SEGMENT INFORMATION

Reconciliation of Segment total voyage revenue to total consolidated voyage revenue from external customers

		For the Three Months Ended June 30,						For the Six Months Ended June 30,
		2014			2013			2014			2013
Voyage revenue from external customers
GS&T		$	40,842		$	38,562		$	90,931		$	72,252
Baltic Trading		10,703			6,379			23,794			12,365
Total operating segments		51,545			44,941			114,725			84,617
Eliminating revenue		—			—			—			—
Total consolidated voyage revenue from external customers		$	51,545		$	44,941		$	114,725		$	84,617

Reconciliation of total intersegment revenue

		For the Three Months Ended June 30,						For the Six Months Ended June 30,
		2014			2013			2014			2013
Intersegment revenue
GS&T		$	1,022		$	696		$	2,067		$	1,376
Baltic Trading		—			—			—			—
Total operating segments		1,022			696			2,067			1,376
Eliminating revenue		(1,022		)	(696		)	(2,067		)	(1,376		)
Total consolidated intersegment revenue		$	—		$	—		$	—		$	—

Reconciliation of Segment total net loss to total consolidated net loss

		For the Three Months Ended June 30,						For the Six Months Ended June 30,
		2014			2013			2014			2013
Net loss
GS&T		$	(59,874	)	$	(44,297	)	$	(98,444	)	$	(91,145	)
Baltic Trading		(5,674		)	(4,625		)	(9,207		)	(9,708		)
Total operating segments		(65,548		)	(48,922		)	(107,651		)	(100,853		)
Eliminating net loss		9			18			145			37
Total consolidated net loss		$	(65,557	)	$	(48,940	)	$	(107,796	)	$	(100,890	)

Reconciliation of Segment total assets to total consolidated assets

		June 30, 2014			December 31, 2013
Total assets
GS&T		$	2,286,604		$	2,404,811
Baltic Trading		546,861			557,367
Total operating segments		2,833,465			2,962,178
Eliminating assets		(4,779		)	(4,924		)
Total consolidated assets		$	2,828,686		$	2,957,254