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Transactions with Related Parties (Table) (Details) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Related Party Transaction [Line Items]    
Charter hire commissions $ 1,577,594 $ 1,429,571
Management fees - related party    
Total Management fees 2,683,090 1,922,177
Allseas Marine SA
   
Related Party Transaction [Line Items]    
Charter hire commissions 352,539 310,835
Total Allseas commissions 352,539 310,835
Included in Vessel operating expenses    
Superintendent fees 231,520 162,268
Included in Dry-docking expenses    
Superintendent fees 109,248 0
Management fees - related party    
Management fees 1,994,204 1,600,339
Financial accounting and reporting services 353,102 321,838
Loretto agreement 335,784 0
Total Management fees 2,683,090 1,922,177
Included in General and administrative expenses    
Administrative fees 18,866 17,826
Executive services agreement $ 3,726,847 $ 1,629,125