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SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	24 - SUBSEQUENT EVENTS On October 9, 2015, the Company took delivery of the Baltic Mantis, a 63,470 dwt Ultramax newbuilding vessel from Yangfan Group Co., Ltd.  The Company utilized cash on hand and $16,500 of proceeds from the $33,000 term loan facility under the $148 Million Credit Facility to pay the remaining balance of $19,600 for the Baltic Mantis. On November 4, 2015, thirteen of the Company’s wholly-owned subsidiaries entered into the $98 Million Credit Facility to be used for working capital purposes.  On November 10, 2015, the Company drew down $98,271 on the $98 Million Credit Facility.  Refer to Note 8 — Debt for additional information.

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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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