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Consolidated Statement of Comprehensive Income (Loss) (USD $) In Thousands, except Share data, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
REVENUES: |  |  |
Revenues | $ 20,074 | $ 31,428 | $ 79,723
Other income |  |  | 872
EXPENSES: |  |  |
Voyage expenses (Note 15) | 663 | 1,023 | 7,743
Charter hire expenses (Note 8) |  |  | 2,380
Lease termination expenses (Note 8) |  |  | 5,750
Vessel operating expenses (Note 15) | 745 | 814 | 10,368
Dry-docking costs |  |  | 1,327
Vessel depreciation (Note 4) | 6,429 | 11,458 | 25,327
Management fees-third parties |  |  | 439
Management fees-related parties (Notes 1 and 7) | 1,351 | 2,345 | 5,730
General and administrative expenses | 3,258 | 7,078 | 15,364
(Gain) on disposal of subsidiaries (Note 19) | (1,591) |  |
Loss/(Gain) on sale of vessels (Note 4) | (14) |  | 62,543
Impairment on vessels (Note 4) |  | 61,484 | 114,674
Operating (loss)/income | 9,233 | (52,774) | (171,050)
OTHER INCOME (EXPENSES): |  |  |
Interest and finance costs (Notes 10 and 16) | (7,443) | (9,345) | (16,283)
Loss on derivative financial instruments (Note 18) | (171) | (447) | (1,793)
Interest income | 131 | 175 | 95
Other, net | (342) | (1,593) | (81)
Total other expenses, net | (7,825) | (11,210) | (18,062)
Net income/(loss) | 1,408 | (63,984) | (189,112)
Comprehensive (loss)/income | $ 1,408 | $ (63,984) | $ (189,112)
(Loss)/earnings per common share, basic (Note 14) (in Dollars per share) | $ 0.58 | $ (26.36) | $ (209.97)
(Loss)/earnings per common share, diluted (Note 14) (in Dollars per share) | $ 0.58 | $ (26.36) | $ (209.97)
Weighted average common shares outstanding, basic (in Shares) | 2,437,361 | 2,427,083 | 900,668
Weighted average common shares outstanding, diluted (in Shares) | 2,444,504 | 2,427,083 | 900,668

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- Definition Vessel maintenance expenses which reccur periodically depending on the age of the vessel that do not appreciably prolong the life or increase the value of the vessel. + References No definition available. + Details
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- Definition The difference between the sale price or salvage price and the book value of a property, plant, and equipment asset that was sold or retired during the reporting period. This element refers to the gain (loss). + References No definition available. + Details
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- Definition Gain (loss) related to the termination of a contract between the parties. The termination may be due to many causes including early termination of a lease by a lessee, a breach of contract by one party, or a failure to perform. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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