2.4.0.81010 - Disclosure - Basis of Presentation and General Informationtruefalsefalse1false falsefalseD2013Q2YTDhttp://www.sec.gov/CIK0001369241duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Basis of Presentation and General Information2false 2us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="TEXT-INDENT: -35.3pt; MARGIN: 0in 0in 0pt 35.3pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">1</font></b><b><font style="FONT-SIZE: 3pt; FONT-WEIGHT: bold;" size="1">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></b> <b><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Basis of Presentation and General Information</font></b></p> <p style="MARGIN: 0in 0in 0pt 28.35pt;">&#160;</p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The accompanying condensed consolidated financial statements (unaudited) have been prepared in conformity with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;). The reporting and functional currency of the Company is the United States Dollar.</font></p> <p style="TEXT-INDENT: 35.45pt; MARGIN: 0in 0in 0pt 28.35pt;">&#160;</p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Danaos Corporation (&#8220;Danaos&#8221;), formerly Danaos Holdings Limited, was formed on December&#160;7, 1998 under the laws of Liberia and is presently the sole owner of all outstanding shares of the companies listed below. Danaos Holdings Limited was redomiciled in the Marshall Islands on October&#160;7, 2005. In connection with the redomiciliation, the Company changed its name to Danaos Corporation. On October&#160;14, 2005, the Company filed and the Marshall Islands accepted Amended and Restated Articles of Incorporation. 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These financial statements should be read in conjunction with the consolidated financial statements and related notes included in Danaos&#8217; Annual Report on Form&#160;20-F for the year ended December&#160;31, 2012. 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