Vessels (Tables)

12 Months Ended

Dec. 31, 2012

Property Plant And Equipment [Abstract]

Schedule Of Property Plant And Equipment [Table Text Block]

		Vessels' Cost		Accumulated Depreciation		Net Book Value
Balance, December 31, 2010	$	93,531	$	(1,454)	$	92,077
- Acquisitions, improvements and other vessels' costs		72,687		-		72,687
- Depreciation for the period		-		(5,937)		(5,937)
Balance, December 31, 2011	$	166,218	$	(7,391)	$	158,827
- Acquisitions, improvements and other vessels' costs		$114,594		-		114,594
- Depreciation for the period		-		(12,476)		(12,476)
Balance, December 31, 2012	$	280,812	$	(19,867)	$	260,945