ACCRUED EXPENSES

6 Months Ended

Jun. 30, 2013

ACCRUED EXPENSES [Abstract]

ACCRUED EXPENSES

NOTE 8: ACCRUED EXPENSES

Accrued expenses as of June 30, 2013 and December 31, 2012 consisted of the following:

	June 30, 2013		December 31, 2012
Accrued voyage expenses	$	805	$	2,811
Accrued loan interest		9,627		9,184
Accrued legal and professional fees		506		956
Total accrued expenses	$	10,938	$	12,951

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