Earnings / (loss) per share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		2012				2011				2010
		Basic EPS		Diluted EPS		Basic EPS		Diluted EPS		Basic LPS		Diluted LPS
Net income / (loss)	$	5,969	$	5,969	$	3,630	$	3,630	$	(2,001)	$	(2,001)
Less distributed earnings allocated to restricted shares		(104)		(104)		(34)		-		-		-
Net income / (loss) available to common stockholders		5,865		5,865		3,596		3,630		(2,001)		(2,001)
Weighted average number of common shares, basic		26,934,533		26,934,533		15,536,028		15,536,028		4,449,431		4,449,431
Effect of dilutive restricted shares		-		-		-		7,888		-		-
Weighted average number of common shares, diluted		26,934,533		26,934,533		15,536,028		15,543,916		4,449,431		4,449,431
Earnings / (loss) per common share	$	0.22	$	0.22	$	0.23	$	0.23	$	(0.45)	$	(0.45)