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DEBT (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
item
Jun. 30, 2013
Dec. 31, 2013
Jun. 30, 2014
Minimum
Jun. 30, 2014
Maximum
Aug. 01, 2012
August 2012 Credit Facility Agreements
Jun. 30, 2014
5.00% convertible senior notes
Jun. 30, 2014
Chapter 11
Jun. 30, 2014
Chapter 11
5.00% convertible senior notes
Feb. 28, 2012
2007 Credit Facility
Dec. 21, 2011
2007 Credit Facility
Jun. 30, 2014
2007 Credit Facility
Dec. 31, 2013
2007 Credit Facility
Aug. 01, 2012
2007 Credit Facility
August 2012 Credit Facility Agreements
Jun. 30, 2014
2007 Credit Facility
August 2012 Credit Facility Agreements
Feb. 28, 2012
2007 Credit Facility
December 2011 Credit Facility Agreements
Jun. 30, 2014
2007 Credit Facility
Chapter 11
Jun. 30, 2014
2007 Credit Facility
Chapter 11
August 2012 Credit Facility Agreements
Jun. 30, 2014
$100 Million Term Loan Facility
Mar. 31, 2014
$100 Million Term Loan Facility
Dec. 31, 2013
$100 Million Term Loan Facility
Aug. 12, 2010
$100 Million Term Loan Facility
item
Jun. 30, 2014
$100 Million Term Loan Facility
Chapter 11
Jul. 09, 2014
$100 Million Term Loan Facility
Chapter 11
Subsequent Event
Jun. 30, 2014
$253 Million Term Loan Facility
Mar. 31, 2014
$253 Million Term Loan Facility
Dec. 31, 2013
$253 Million Term Loan Facility
Aug. 20, 2010
$253 Million Term Loan Facility
item
Jun. 30, 2014
$253 Million Term Loan Facility
Chapter 11
Jul. 09, 2014
$253 Million Term Loan Facility
Chapter 11
Subsequent Event
Aug. 31, 2013
2010 Baltic Trading Credit Facility
item
Jun. 30, 2014
2010 Baltic Trading Credit Facility
Dec. 31, 2013
2010 Baltic Trading Credit Facility
Aug. 29, 2013
2010 Baltic Trading Credit Facility
Nov. 30, 2010
2010 Baltic Trading Credit Facility
Apr. 16, 2010
2010 Baltic Trading Credit Facility
Jun. 30, 2014
Baltic Trading $22 Million Term Loan Facility
item
Dec. 31, 2013
Baltic Trading $22 Million Term Loan Facility
Aug. 30, 2013
Baltic Trading $22 Million Term Loan Facility
Sep. 04, 2013
Baltic Trading $22 Million Term Loan Facility
Baltic Hare
Sep. 04, 2013
Baltic Trading $22 Million Term Loan Facility
Baltic Fox
Jun. 30, 2014
Baltic Trading $44 Million Term Loan Facility
item
Dec. 31, 2013
Baltic Trading $44 Million Term Loan Facility
Dec. 03, 2013
Baltic Trading $44 Million Term Loan Facility
Dec. 23, 2013
Baltic Trading $44 Million Term Loan Facility
Baltic Tiger
Dec. 23, 2013
Baltic Trading $44 Million Term Loan Facility
Baltic Lion
Line of Credit Facility                                                                                                
Long-term debt, gross (Balance prior to Financial Statement Classification)                           $ 1,055,912             $ 73,561           $ 175,718             $ 102,250         $ 20,875         $ 42,625        
Current portion (Balance prior to Financial Statement Classification) (4,250)   (4,250)                                                                                          
Long-term debt (Balance prior to Financial Statement Classification) 1,466,691   1,466,691                                                                                          
Long-term debt, gross (Amounts Classified as Subject to Compromise)                           (1,055,912)             (73,561)           (175,718)                                          
Long-term debt (Amounts Classified as Subject to Compromise) (1,305,191)   (1,305,191)                                                                                          
Long-term debt, gross                             1,055,912               75,484           180,793         102,250 102,250       20,875 21,625       42,625 44,000      
Current portion (4,250)   (4,250)   (1,316,439)                                                                                      
Long-term debt 161,500   161,500   163,625                                                                                      
Maximum borrowing capacity                           1,055,912             100,000 100,000 100,000 100,000 100,000   253,000 253,000 253,000 253,000 253,000         110,000 150,000 100,000 22,000 22,000 22,000     44,000 44,000 44,000    
Debt outstanding classified as liabilities subject to compromise                 117,473   117,473               1,055,912           73,561           175,718                                  
Number of days after year end audited financial statements are to be furnished to lenders     90 days                                                                                          
Number of credit facilities     2                                                                                          
Interest rate on convertible notes (as a percent)                 5.00%                                                                              
Number of days after notice from trustee to cure default                 30 days                                                                              
Ratio of interest-bearing indebtedness to the sum of interest-bearing indebtedness and consolidated net worth (as a percent)               62.50%                                                                                
Applicable margin over reference rate for interest payable, before increase (as a percent)                               2.00%                   3.00%           3.00%                                
Applicable margin over reference rate for interest payable (as a percent)                               3.00%                   3.50%           3.50%             3.35%         3.35%        
Minimum cash balance required per vessel mortgaged, before increase                               500                                                                
Unpaid amount of facility                                                   1,923           5,075                                
Minimum cash balance required per vessel mortgaged                               750                   750           750                                
Facility fee (as a percent)                         2.00% 1.00%                                                                    
Reduction in facility fee if equity offering results in desired gross proceeds (as a percent)                         1.00%         1.00%                                                            
Proceeds to be received on issuance of common stock                         50,000                                                                      
Issuance of common stock (in shares)                       7,500,000                                                                        
Gross proceeds from issuance of common stock                       53,250                                                                        
Amount of letters of credit issued                           0                                                                    
Number of vessels acquired                                               5           13                                    
Final payment amount                                                                             13,375         28,188        
Amount of prepayments to have liens released                                                                                       18,000        
Reference rate for interest payable                               LIBOR                   LIBOR           LIBOR LIBOR           Three-month LIBOR         Three-month LIBOR        
Commitment fee on unused daily average unutilized commitment (as a percent)                                                                             1.00%         0.75%        
Available working capital borrowings                                                                   7,750       25,000                    
Drawdowns during the period                                                                                   10,730 11,270       21,400 22,600
Restricted cash                                                     9,875   9,750                                      
Remaining borrowing capacity                                         0           0             7,750         0         0        
Number of consecutive semi-annual reductions in total commitment                                                                 3                              
Amount of semi-annual reductions in maximum borrowing capacity through the maturity date                                                                 5,000                              
Applicable margin over reference rate for condition one (as a percent)                                                                 3.00%                              
Ratio of maximum facility amount to aggregate appraised value of vessels mortgaged (as a percent)                                                                 55.00%                              
Applicable margin over reference rate for condition two (as a percent)                                                                 3.35%                              
Number of quarterly installments                                                                             23         23        
Amount of periodic payment                                                                             375         688        
Period after latest vessel delivery date for first periodic repayment                                                                             3 months         3 months        
Amendment fee (as a percent)                                 1.25%                                                              
Interest rates on debt                                                                                                
Effective Interest Rate (as a percent) 4.31% 4.72% 4.33% 4.73%                                                                                        
Range of Interest Rates, minimum (excluding impact of swaps and unused commitment fees) (as a percent) 3.15% 3.19% 3.15% 3.19%                                                                                        
Range of Interest Rates, maximum (excluding impact of swaps and unused commitment fees) (as a percent) 5.15% 4.31% 5.15% 4.38%                                                                                        
Change of Control                                                                                                
Percentage of ownership interest held by Parent (as a percent)             10.00%                                                                                  
Aggregate voting power held (as a percent)             30.00%                                                                                  
Ownership interest held (as a percent)           30.00%                                                                                    
Interest payable                                                                                                
Interest payable classified as liabilities subject to compromise                   $ 13,199                   $ 13,199