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Long-Term Debt - Debt Agreements (Table) (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]    
Total $ 146,551,435 $ 230,778,738
Less: related deferred financing costs 1,877,534 4,360,951
Total debt, net of deferred financing costs 144,673,901 226,417,787
(a) Commerzbank AG (August 12, 2011)    
Debt Instrument [Line Items]    
Total 25,912,500 43,375,000
(b) Unicredit Bank AG (November 19, 2007)    
Debt Instrument [Line Items]    
Total 13,885,750 14,606,500
(c) Bank of Ireland (March 30, 2009)    
Debt Instrument [Line Items]    
Total 7,825,000 8,350,000
(d) HSH Nordbank AG (April 4, 2014)    
Debt Instrument [Line Items]    
Total 0 46,713,600
(e) HSBC Bank Plc (July 2, 2010)    
Debt Instrument [Line Items]    
Total 0 14,460,000
(f) Nordea Bank Finland Plc (May 6, 2014)    
Debt Instrument [Line Items]    
Total 73,928,185 78,273,638
(g) Senior unsecured notes due 2021    
Debt Instrument [Line Items]    
Total $ 25,000,000 $ 25,000,000