Quarterly report pursuant to Section 13 or 15(d)

Other Expenses, Net

v2.3.0.15
Other Expenses, Net
9 Months Ended
Sep. 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 nine months ended September 30, 2010 and 2011: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2010
 
2011
 
2010
 
2011
Unrealized loss from derivatives
$

 
$

 
$
(133,591
)
 
$

Interest expense, net of interest income
(1,703,632
)
 
(1,253,137
)
 
(3,474,423
)
 
(2,936,488
)
Amortization of deferred financing fees
(306,398
)
 
(106,776
)
 
(474,403
)
 
(312,431
)
 
$
(2,010,030
)
 
$
(1,359,913
)
 
$
(4,082,417
)
 
$
(3,248,919
)