Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies [Abstract]

Rental Expense

For the year ending	Amount
December 31, 2016	39,914
December 31, 2017	29,935
Total	$69,849

Charter Hire

For the year ending	Amount
December 31, 2016	$620,879
Total	$620,879

Newbuilding Commitments

For the year ending	Amount
December 31, 2016	$64,155,000
Total	$64,155,000