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EXCEL - IDEA: XBRL DOCUMENT - Eagle Bulk Shipping Inc.Financial_Report.xls
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v2.4.0.6
Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
    Three Months Ended     Nine Months Ended  
    September 30, 
2012
    September 30,
2011
    September 30,
2012
    September 30, 
2011
 
Net loss   $ (29,837,360 )   $ (5,872,211 )   $ (70,377,128 )   $ (13,120,770 )
Weighted Average Shares – Basic*     16,821,024       15,663,181       16,153,184       15,648,791  
Dilutive effect of stock options and restricted stock units                        
Weighted Average Shares – Diluted*     16,821,024       15,663,181       16,153,184       15,648,791  
Basic loss Per Share*   $ (1.77 )   $ (0.37 )   $ (4.36 )   $ (0.84 )
Diluted loss Per Share*   $ (1.77 )   $ (0.37 )   $ (4.36 )   $ (0.84 )

 

*Adjusted to give effect to the 1 for 4 reverse stock split that became effective on May 22, 2012, see Note 1.