XML 60 R36.htm IDEA: XBRL DOCUMENT

Note 15 - Voyage Expenses and Vessel Operating Expenses (Tables)

12 Months Ended

Dec. 31, 2012

Voyage Expenses [Table Text Block]

		Year ended December 31,
Voyage Expenses		2010				2011				2012

Port expenses			2,652,235				2,221,470				1,749,565
Bunkers			7,868,829				11,554,144				7,253,583
Commissions			3,009,512				3,272,922				3,304,220
Other voyage expenses			149,432				780,684				396,382
Total			13,680,008				17,829,220				12,703,750

Vessels' Operating Expenses [Table Text Block]

		Year ended December 31,
Vessels’ Operating Expenses		2010				2011				2012

Crew wages and related costs			23,998,949				22,044,479				19,304,929
Insurance			1,623,582				1,410,889				1,260,289
Repairs and maintenance			4,814,718				4,940,185				3,026,513
Spares and consumable stores			5,838,470				5,886,002				5,313,053
Miscellaneous expenses			2,062,344				2,276,598				1,687,193
Total			38,338,063				36,558,153				30,591,977