ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2012

Accounts Payable and Accrued Liabilities, Current [Abstract]

Accounts Payable Accrued Liabilities and Other Liabilities Disclosure [Table Text Block]

Accounts payable, accrued expenses and other current liabilities follows:

At December 31,	2012		2011
Accounts payable	$	16,545	$	18,554
Payroll and benefits		12,704		12,133
Interest		-		13,020
Due to owners on chartered in vessels		4,753		3,781
Drydock and repair costs		3,823		5,527
Bunkers and lubricants		14,201		9,724
Charter revenues received in advance		10,778		28,085
Insurance		1,009		625
Current portion of derivative liabilities		-		6,166
Vessel expenses		11,268		12,615
Other		24,192		14,513
	$	99,273	$	124,743