Deferred Charges

12 Months Ended

Dec. 31, 2011

Deferred Charges [Abstract]

Deferred Charges

8. Deferred Charges

	Dry Docking Costs– Non Current			Special Survey Costs – Non Current			Financing Costs- Current			Total
December 31, 2008	$	706		$	2,117		$	949		$	3,772
Additions		551			546			324			1,421
Write-offs		—			—			(111	)		(111	)
Amortization		(504	)		(1,238	)		(345	)		(2,087	)
December 31, 2009	$	753		$	1,425		$	817		$	2,995
Additions		1,610			937			—			2,547
Write-offs		(298	)		(333	)		—			(631	)
Amortization		(834	)		(1,054	)		(211	)		(2,099	)
December 31, 2010	$	1,231		$	975		$	606		$	2,812
Additions		172			20			—			192
Write-offs		(126	)		(280	)		(100	)		(506	)
Vessels held for sale		(124	)		(67	)		—			(191	)
Amortization		(622	)		(293	)		(176	)		(1,091	)
December 31, 2011	$	531		$	355		$	330		$	1,216

Additions to deferred dry-docking and special survey costs in 2011 related to the dry docking and special survey of the M/V Free Maverick.

Unamortized dry docking and special survey costs of $406 related to the M/V Free Envoy and M/V Free Lady were written off upon the vessels sale in 2011 as well as $100 related to unamortized deferred financing fees of the Credit Suisse loan facility (Note 10) due to the prepayment made in 2011.

Unamortized dry docking and special survey costs of $191 related to the M/V Free Neptune were included in “Vessels held for sale” following the vessel’s classification as held for sale in February 2011.