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DEFERRED FINANCING COSTS (Tables)

6 Months Ended

Jun. 30, 2014

DEFERRED FINANCING COSTS

Schedule of deferred financing costs

		June 30, 2014			December 31, 2013
2007 Credit Facility		$	29,568		$	29,568
$ 100 Million Term Loan Facility		1,857			1,783
$253 Million Term Loan Facility		4,884			4,708
2010 Notes		3,637			3,637
2010 Baltic Trading Credit Facility		3,339			3,339
Baltic Trading $22 Million Term Loan Facility		529			518
Baltic Trading $44 Million Term Loan Facility		758			737
Total deferred financing costs		44,572			44,290
Less: accumulated amortization		26,570			22,279
Total		$	18,002		$	22,011

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Tabular disclosure of deferred financing costs.

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