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Note 5 - Vessels, Net (Tables)
 12 Months Ended
Dec. 31, 2016
Notes Tables  
Property, Plant and Equipment [Table Text Block]
    Vessel Cost   Accumulated Depreciation   Net Book Value
Balance, December 31, 2014    
38,957
      
(757
 )    
38,200
  
— Transferred from Advances for Vessels Acquisitions / Under Construction    
63,344
      
-
      
63,344
  
— Depreciation    
-
      
(668
 )    
(668
 )
— Impairment    
(3,081
 )    
-
      
(3,081
 )
— Disposals    
(66,628
 )    
877
      
(65,751
 )
Balance, December 31, 2015    
32,592
      
(548
 )    
32,044
  
— Transferred from Advances for vessels acquisitions / under construction    
97,593
      
-
      
97,593
  
— Depreciation    
-
      
(3,467
 )    
(3,467
 )
Balance, December 31, 2016    
130,185
      
(4,015
 )    
126,170
  
Property, Plant and Equipment, Additions [Table Text Block]
Vessel Name
Delivery Date
Yard Installments
Capitalized Expenses
Final Carrying Amount
Time Charter
M/T Eco Fleet
July 15, 2015
31,140
1,452
32,592
BP Shipping Limited
M/T Eco Revolution
January 21, 2016
31,400
1,409
32,809
BP Shipping Limited
M/T Stenaweco Excellence
May 20, 2016
30,778
1,475
32,253
Stena Weco A/S
M/T Nord Valiant
August 10, 2016
30,667
1,864
32,531
Dampskibsselskabet NORDEN A/S
Total
 
123,985
6,200
130,185