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Accrued Expenses | 12 Months Ended
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Dec. 31, 2011
Accrued Expenses [Abstract] |
Accrued Expenses | NOTE M – ACCRUED EXPENSES Accrued expenses consist of following:
|  | 2011 |  |  | 2010 |
Compensation and bonuses |  | $ | 891,136 |  |  | $ | 1,027,911 |
Customer deposits |  |  | 57,175 |  |  |  | — |
Vessel operations |  |  | 959,857 |  |  |  | 1,392,909 |
Professional services |  |  | — |  |  |  | 129,676 |
Other operating expenses |  |  | 153,806 |  |  |  | 216,176 |
Total accrued expenses |  | $ | 2,061,974 |  |  | $ | 2,766,672 |
Vessel operations relates to expenditures required to operate our ships such as fuel, repair and maintenance, port fees and charter related. Professional fees are mainly attributable to legal fees and other professional services in support of operations. Other operating expenses contain general items related to, but not limited to marketing, insurance and the exhibit.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -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 20, 24 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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