Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Income

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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Income Statement [Abstract]    
Operating Revenues $ 67,727 $ 61,052
Costs and Expenses:    
Operating 43,116 39,676
Administrative and general 9,134 9,677
Depreciation 11,661 9,630
Total costs and expenses 63,911 58,983
Gains on Asset Dispositions, Net 10,801 1,765
Operating Income 14,617 3,834
Other Income (Expense):    
Interest income 147 332
Interest expense (4,732) (1,968)
SEACOR management fees (168) (500)
Derivative losses, net (3) (124)
Foreign currency gains (losses), net (259) 917
Other, net 3 30
Total Other Nonoperating Income (Expense) (5,012) (1,313)
Income Before Income Tax Expense and Equity in Earnings (Losses) of 50% or Less Owned Companies 9,605 2,521
Income Tax Expense 3,578 734
Income Before Equity in Earnings (Losses) of 50% or Less Owned Companies 6,027 1,787
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax 562 (6,420)
Net Income (Loss) 6,589 (4,633)
Net Loss attributable to Noncontrolling Interest in Subsidiary 105 0
Net Income (Loss) attributable to Era Group Inc. 6,694 (4,633)
Accretion of redemption value on Series A Preferred Stock 721 2,100
Net Income (Loss) attributable to Common Shares $ 5,973 $ (6,733)
Earnings (Loss) Per Common Share:    
Basic and Diluted Earnings (Loss) Per Common Share (in dollars per share) $ 0.28 $ (0.27)
Weighted Average Common Shares Outstanding 21,454,396 24,500,000