Quarterly report pursuant to Section 13 or 15(d)

Other Expenses, Net

 v2.3.0.11
Other Expenses, Net
6 Months Ended
Jun. 30, 2011
Other Expenses, Net [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
OTHER EXPENSES, NET
Other expenses, net, consisted of the following items for the three and six months ended June 30, 2010 and 2011: 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2010
 
2011
 
2010
 
2011
Unrealized loss from derivatives
$

 
$

 
$
(133,591
)
 
$

Interest expense, net of interest income
(1,119,043
)
 
(893,747
)
 
(1,770,791
)
 
(1,683,351
)
Amortization of deferred financing fees
(97,655
)
 
(94,822
)
 
(168,005
)
 
(205,655
)
 
$
(1,216,698
)
 
$
(988,569
)
 
$
(2,072,387
)
 
$
(1,889,006
)