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Unaudited Interim Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 13,643 $ 9,706
Due from related parties (Notes 1 and 5) 239  
Inventories (Note 7) 390  
Advances to various creditors 41 38
Prepayments and other (Note 8) 596 518
Total current assets 14,909 10,262
FIXED ASSETS:    
Advances for vessels acquisitions / under construction (Note 4) 22,301 14,400
Vessels, net (Note 8) 38,919  
Other fixed assets, net 1,403 1,467
Total fixed assets 62,623 15,867
OTHER NON CURRENT ASSETS:    
Restricted cash (Note 17) 1,294 1,739
Total assets 78,826 27,868
CURRENT LIABILITIES:    
Current portion of long-term debt (Note 9) 1,386  
Current portion of financial instruments (Note 17) 1,134 1,135
Due to related parties (Notes 1 and 5) 597 807
Accounts payable 2,007 2,082
Accrued liabilities 5,272 4,581
Total current liabilities 10,396 8,605
NON-CURRENT LIABILITIES:    
Long-term debt (Note 9) 18,549  
Financial instruments (Note 17) 7,157 562
Other non-current liabilities (Note 18) 3,506 3,906
Total non-current liabilities 29,212 4,468
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized; none issued      
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 2,469,648, and 18,969,989 shares issued and outstanding at December 31, 2013 and June 30, 2014 (Note 11) 190 25
Additional paid-in capital 318,126 293,453
Accumulated deficit (279,098) (278,683)
Total stockholders' equity 39,218 14,795
Total liabilities and stockholders' equity 78,826 27,868
Total liabilities $ 39,608 $ 13,073