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Vessels, Net and Other Fixed Assets, Net (Tables)
12 Months Ended
Dec. 31, 2012
Vessels, Net And Other Fixed Assets, Net [Abstract]  
Vessels, Net

 

Vessel Cost

 

Accumulated Depreciation

 

Net Book Value

Balance, January 1, 2011

$

-

$

-

$

-

Vessel acquisitions

 

374,726,346

 

-

 

374,726,346

Depreciation

 

-

 

(8,032,751)

 

(8,032,751)

Balance, December 31, 2011

$

374,726,346

$

(8,032,751)

$

366,693,595

Vessel acquisitions

 

49,379,525

 

-

 

49,379,525

Depreciation

 

-

 

(14,967,048)

 

(14,967,048)

Balance, December 31, 2012

$

424,105,871

$

22,999,799

$

401,106,072