Transactions with Related Parties (Tables)

6 Months Ended

Jun. 30, 2013

Transactions with Related Parties [Abstract]

Schedule Of Related Party Transactions

	Six Months Ended June 30,
		2012		2013
A(i) - Charter hire commissions	$	398,276	$	462,413
A(iii) - Management fees	$	1,038,586	$	1,360,512
A(v) – Superintendent fees (included in Vessels operating expenses – related party)	$	110,461	$	461,332
A(v) – Superintendent fees (included in Dry-docking expenses – related party)	$	83,039	$	41,094
B - Administrative fees (included in General and administrative expenses – related party)	$	17,394	$	17,447
C – Executive services fees (included in General and administrative expenses – related party)	$	900,000	$	1,100,000
D – Financial, accounting and financial reporting services fee (included in General and administrative expenses – related party)	$	-	$	295,897