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Note 5 - Transactions with Related Parties (Tables)

6 Months Ended

Jun. 30, 2014

Related Party Transactions [Abstract]

Schedule of Related Party Transactions [Table Text Block]

		Six months ended June 30,
		2013				2014			Location in Statement of Comprehensive Income
Management fees			302				34		Management fees related party - Statement of comprehensive income
Executive officers and other personnel expenses			480				60		General and administrative expenses - Statement of comprehensive income
Commission on charter hire agreements			127				-		Voyage expenses - Statement of comprehensive income
Total			909				94

		Six months ended June 30
		2013				2014			Presented in:
Technical management fees			-				50		Capitalized under Vessels, net – Balance Sheet
							9		Management fees-related parties - Statement of comprehensive income/ (loss)
Supervision services costs and fees			-				166		Capitalized under Advances for vessels acquisitions / under construction –Balance Sheet
Financing fees			-				40		Capitalized and shown net with Long Term Debt, –Balance Sheet
Commission for sale and purchase of vessels			-				383		Capitalized under Vessels, net – Balance Sheet
Commission on charter hire agreements			-				2		Voyage expenses - Statement of comprehensive income/ (loss)
Total			-				650

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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No definition available.

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