XML 17 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
INTERIM FINANCIAL DATA
 9 Months Ended
Sep. 30, 2011
INTERIM FINANCIAL DATA [Abstract]  
INTERIM FINANCIAL DATA
1. INTERIM FINANCIAL DATA
 
The unaudited condensed interim financial statements for Nordic American Tankers Limited (the “Company”) have been prepared on the same basis as the Company's audited financial statements and, in the opinion of management, include all material adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the financial position and results of operations in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed interim financial statements should be read in conjunction with the annual financial statements and notes included in the Annual Report on Form 20-F for the year ended December 31, 2010.