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Accumulated Other Comprehensive (Loss) / Income
6 Months Ended
Jun. 30, 2013
Accumulated Other Comprehensive (Loss) / Income [Abstract]  
Accumulated Other Comprehensive (Loss) / Income

9.Accumulated Other Comprehensive (Loss) / Income

 

The components of AOCI included in the accompanying interim condensed consolidated balance sheets consist of unrealized gain / (loss) on cash flow hedges and are analyzed as follows:

 

Changes in AOCI by Component

For the six months ended June 30, 2013

 

 

Unrealized Gain / (Loss) on cash flow hedges

AOCI — Balance, January 1, 2013

$

(651,896)

 

 

 

OCI before reclassifications

 

986,049

Amounts reclassified from AOCI

 

(211,203)

Net current-period OCI

 

774,846

 

 

 

AOCI — Balance, June 30, 2013

$

122,950

 

 

Reclassifications out of AOCI

For the six months ended June 30, 2013

 

Details about AOCI Components

 

Amount Reclassified from AOCI

 

Affected Line Item in the Statement Where Net Income is Presented

Gains and losses on cash flow hedges

 

 

 

 

Interest rate contracts

$

211,203

 

Interest and finance costs

 

 

 

 

 

Total reclassifications for the period

$

211,203