Equity Method Investments (Tables)

9 Months Ended

Sep. 30, 2014

Equity Method Investments and Joint Ventures [Abstract]

Results of Operations of Equity Method Investments [Table Text Block]

A condensed summary of the results of operations of the equity method investments follows:

	Three Months Ended
	September 30,
	2014		2013
Shipping revenues	$	95,946	$	95,297
Ship operating expenses		(61,671)		(61,826)
Income from vessel operations		34,275		33,471
Other expense		(437)		(466)
Interest expense		(12,283)		(14,402)
Net income	$	21,555	$	18,603

	Nine Months Ended
	September 30,
	2014		2013
Shipping revenues	$	282,158	$	284,250
Ship operating expenses		(186,304)		(184,396)
Income from vessel operations		95,854		99,854
Other expense		(1,308)		(1,205)
Interest expense		(38,279)		(40,443)
Net income	$	56,267	$	58,206