Leases

12 Months Ended

Dec. 31, 2014

LEASES [Abstract]

Leases

NOTE 16 - LEASES

The future minimum contractual lease income (charter-out rates are presented net of commissions and assume no off -hires days) as of December 31, 2014, is as follows:

		Amount
2015	$	209,885
2016		170,306
2017		166,753
2018		151,952
2019		122,667
2020 and  thereafter		421,251
	$	1,242,814