Equity Method Investments (Tables)

3 Months Ended

Mar. 31, 2015

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
	March 31,
	2015		2014
Shipping revenues	$	89,115	$	91,257
Ship operating expenses		(54,626)		(61,992)
Income from vessel operations		34,489		29,265
Other income/(expense)		1,652		(505)
Interest expense		(12,291)		(13,042)
Net income	$	23,850	$	15,718