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Computation of Earnings Per Share (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Basic and diluted earning/loss per share [Abstract]        
Net (loss)/income $ (3,920,400) $ 1,336,400 $ (3,550,800) $ 5,154,300
Weighted average shares outstanding for the period (in shares) 1,543,257 1,543,257 1,543,257 1,543,257
Dilutive effect of warrants (in shares) 0 45,074 0 42,409
Weighted average diluted shares used in calculation of diluted (loss)/earnings per share 1,543,257 1,588,331 1,543,257 1,585,666
Basic (loss)/earnings per share $ (2.54) $ 0.87 $ (2.30) $ 3.34
Diluted (loss)/earnings per share $ (2.54) $ 0.84 $ (2.30) $ 3.25
Warrant [Member]
       
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Potentially outstanding shares was not included in the calculation of diluted loss per share (in shares) 39,393   39,589