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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
REVENUES:    
Time charter revenues $ 35,700 $ 31,812
Prepaid charter revenue amortization (4,482) (5,825)
Time charter revenues, net 31,218 25,987
EXPENSES:    
Voyage expenses 616 160
Vessel operating expenses 17,994 12,833
Depreciation and amortization of deferred charges 6,145 4,915
General and administrative expenses 2,851 3,128
Loss on vessels' sale 0 695
Foreign currency losses / (gains) (55) 5
Operating income 3,667 4,251
OTHER INCOME / (EXPENSES):    
Interest and finance costs (3,346) (3,358)
Interest income 67 42
Total other expenses, net (3,279) (3,316)
Net income $ 388 $ 935
Earnings per common share, basic and diluted $ 0.01 $ 0.03
Weighted average number of common shares, basic 72,834,161 35,812,135
Weighted average number of common shares, diluted 72,928,083 35,812,135