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Vessels, Net and Other Fixed Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2015
Vessels, Net and Other Fixed Assets, Net [Abstract]  
Vessels, Net
 
 
Vessel Cost
 
 
Accumulated Depreciation
 
 
Net Book Value
 
Balance, January 1, 2014
 
$
424,105,871
 
 
$
(38,075,714)
 
 
$
386,030,157
 
Depreciation
 
 
-
 
 
 
(15,075,915)
 
 
 
(15,075,915)
 
Balance, December 31, 2014
 
$
424,105,871
 
 
$
(53,151,629)
 
 
$
370,954,242
 
Depreciation
 
 
-
 
 
 
(15,075,915)
 
 
 
(15,075,915)
 
Impairment loss
 
 
(30,879,525)
 
 
 
9,237,436
 
 
 
(21,642,089)
 
Balance, December 31, 2015
 
$
393,226,346
 
 
$
(58,990,108)
 
 
$
334,236,238