Accrued Liabilities
 12 Months Ended
Dec. 31, 2014
Accrued Liabilities  
Accrued Liabilities

9. Accrued Liabilities

        Accrued liabilities consisted of the following as at December 31 (in thousands):

                                                                                                                                                                                    

 

 

2014

 

2013

 

Accrued payroll

 

$
1,175 

 

$
1,140 

 

Accrued interest

 

 
9,457 

 

 
11,614 

 

Accrued expenses

 

 
14,073 

 

 
18,157 

 

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Total

 

$
24,705 

 

$
30,911 

 

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        Accrued expenses mainly consisted of accrued realized losses on cash flow interest rate swaps of $10.4 million and $14.3 million as of December 31, 2014 and December 31, 2013, respectively, as well as other accruals related to the operation of the Company's fleet of $3.7 million and $3.9 million as of December 31, 2014 and 2013, respectively.