CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME      
Net Income/(Loss) $ (3,920) $ 37,523 $ (105,204)
Other Comprehensive Income/(Loss)      
Change in fair value of financial instruments     40,536
Deferred realized losses on cash flow hedges amortized over the life of the newbuildings     (7,035)
Amortization of deferred realized losses on cash flow hedges 4,016 4,017 3,524
Reclassification of unrealized losses/(gains) to earnings 88,939 116,557 65,809
Total Other Comprehensive Income/(Loss) 92,955 120,574 102,834
Comprehensive Income/(Loss) $ 89,035 $ 158,097 $ (2,370)