XML 32 R15.htm IDEA: XBRL DOCUMENT v3.3.0.814

Capital leases (Tables)

9 Months Ended

Sep. 30, 2015

Leases [Abstract]

Schedule Of Capital Lease Obligations

ASLLC has provided a guarantee in respect of this financing arrangement.

		As at
		Sep 30, 2015
Current portion of capital lease obligations		1,813,564
Non-current portion of capital lease obligations		25,729,641
Total capital lease obligations		27,543,205

Schedule Of Future Minimum Lease Payments for Capital Leases

The future minimum lease payments required under the capital leases at September 30, 2015, are as follows:

		As at
		Sep 30, 2015
2015		966,552
2016		3,845,196
2017		3,834,690
2018		23,705,540
Total minimum lease payments		32,351,978
Less amount representing interest		(4,808,773)
Net minimum lease payments		27,543,205

Schedule of Capital Leased Assets

Assets recorded under capital leases and included in Vessels and vessel equipment, net in ASC’s balance sheets consisted of the following at September 30, 2015:

		Total
Vessels and equipment		44,525,446
Accumulated depreciation		(6,827,643)
		37,697,804

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-lived, depreciable assets that are subject to a lease meeting the criteria for capitalization and are used in the normal conduct of business to produce goods and services. Examples may include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 840



-SubTopic 30



-Section 50



-Paragraph 1



-Subparagraph (a)



-URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737

+ Details

Name:	us-gaap_ScheduleOfCapitalLeasedAsssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of the investment in leveraged leases.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 840



-SubTopic 30



-Section 50



-Paragraph 5



-URI http://asc.fasb.org/extlink&oid=25496975&loc=d3e45424-112738

+ Details

Name:	us-gaap_ScheduleOfComponentsOfLeveragedLeaseInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 840



-SubTopic 30



-Section 50



-Paragraph 1



-Subparagraph (b)



-URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737

+ Details

Name:	us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration