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NORDIC GALAXY (Details) (USD $) | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Feb. 29, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 Building
NORDIC GALAXY [Abstract] |  |  |  |  |
Number of newbuildings |  |  |  |  | 2
Total cost, per vessel |  |  |  |  | $ 90,000,000
Deposit on contract |  |  |  |  | 9,000,000
Amount sought by seller |  |  |  | 26,800,000 |
Loss on settlement |  |  |  | 16,200,000 |
Net outstanding loan to seller |  |  |  | 10,600,000 |
Interest income |  |  |  | 1,200,000 |
Legal fees of the Seller |  |  |  | 1,200,000 |
Legal fees |  | 0 | 0 | 2,362,000 |
Subsequent deposit on contract received | 9,000,000 |  |  |  |
Subsequent interest income received | $ 200,000 |  |  |  |

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- Definition The estimated amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to the expenses incurred by the seller in regards to pending litigation. + References No definition available. + Details
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- Details
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- Definition Number of newbuildings to be acquired by the Company in connection with agreement. + References No definition available. + Details
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- Definition Deposit on contract received after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. + References No definition available. + Details
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- Definition The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.10) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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- Definition The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3 -Subparagraph a -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3 -Subparagraph b -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4531-111522 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3(a),(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (c),(e) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765 + Details
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