Earnings / (loss) per share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

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

		2013				2012
		Basic LPS		Diluted LPS		Basic EPS		Diluted EPS
Net income / (loss)	$	(36,844)	$	(36,844)	$	4,107	$	4,107
Less distributed earnings allocated to restricted shares		-		-		(14)		-
Net income / (loss) available to common stockholders		(36,844)		(36,844)		4,093		4,107
Weighted average number of common shares, basic and diluted		32,273,274		32,273,274		22,947,082		22,947,082
Earnings / (loss) per common share, basic and diluted	$	(1.14)	$	(1.14)	$	0.18	$	0.18