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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue    
Voyage revenue$ 72,262$ 75,196$ 217,577$ 220,194
Time charter revenue22,98422,65662,77983,217
Logistics revenue2121,6557707,238
Other revenue2282471,521414
Total revenue95,68699,754282,647311,063
Operating expenses    
Voyage42,24834,840123,324106,888
Logistics1741,3473704,972
Vessel35,99831,08199,12990,520
Depreciation and amortization of vessels and other fixed assets20,22125,62359,65776,853
General and administrative10,62611,18230,70937,585
Net loss on vessel held for sale   5,154
Total operating expenses109,267104,073313,189321,972
Loss from operations(13,581)(4,319)(30,542)(10,909)
Other (expenses) and income    
Interest expense, net(8,346)(6,623)(23,665)(18,191)
Loss on extinguishment of debt  (1,103)(200)
Other income (expense)(121)5714481
Total other expenses(8,467)(6,566)(24,624)(18,310)
Net loss(22,048)(10,885)(55,166)(29,219)
Less: Net loss attributable to noncontrolling interest(860)(530)(2,870)(1,343)
Net loss attributable to TBS International plc$ (21,188)$ (10,355)$ (52,296)$ (27,876)
Net loss per ordinary share:    
Basic and Diluted$ (0.70)$ (0.34)$ (1.72)$ (0.92)
Weighted average ordinary shares outstanding:    
Basic and Diluted30,577,38130,519,32630,482,29330,139,778