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NONVESTED STOCK AWARDS (Tables)
6 Months Ended
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