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Debt (Details Textual) (USD $)
6 Months Ended 1 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Jun. 20, 2012
Fourth Amended and Restated Credit Agreement [Member]
Jun. 30, 2011
Fourth Amended and Restated Credit Agreement [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
Maximum [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
Minimum [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
September 30, 2013 [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
December 31, 2015 [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
December 31, 2017 [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
June 30, 2013 [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
Term Loan [Member]
Jun. 20, 2012
Fourth Amended and Restated Credit Agreement [Member]
Convertible Preferred Stock [Member]
Jun. 30, 2012
Fourth Amended and Restated Credit Agreement [Member]
Line of Credit [Member]
Jun. 30, 2012
Paid in Kind Loans [Member]
Fourth Amended and Restated Credit Agreement [Member]
Line of Credit Facility, Revolving Credit Conversion to Term Loan, Description       Converts the $1,129,478,742 outstanding under the revolving credit facility into a term loan                        
Line of Credit Facility, Amount Outstanding (in dollars)           $ 1,129,478,741             $ 1,129,478,741     $ 707,688
Line of Credit Facility, Expiration Date       Dec. 31, 2015                        
Line Of Credit Minimum Collateral Coverage Ratio       collateral coverage ratio at December 31, 2015 that is less than 80%                        
Line Of Credit Extended Termination Date       Jun. 30, 2017                        
Line of Credit Facility, Frequency of Payments       Quaterly                        
Line of Credit Facility, Periodic Payment       20,000,000                        
Debt Instrument, Description of Variable Rate Basis                             interest at LIBOR plus a margin that will include a payment-in-kind ("PIK") component  
Line of Credit Facility, Interest Rate at Period End       3.50%                        
Line Of Credit Facility Paid In Kind Percentage Margin       2.50%                        
Line of Credit Facility, Increase, Additional Borrowings       20,000,000                        
Line of Credit Facility, Description       On the Termination Date, the Company may elect to either (i) repay the PIK loans in cash; or (ii) convert the PIK loans into shares of cumulative convertible preferred stock, par value $10.00 per share.                        
Preferred stock, par value (in dollars per share) $ 0.01   $ 0.01                     $ 10.00    
Line Of Credit Facility Deffered Financing Cost       12,624,330                        
Debt Instrument Fee Amount Description                             50% of the amendment fees were paid upon signing the Fourth Amended and Restated Credit Agreement and the remaining 50% is payable in equal amounts during the third and fourth quarters of 2012.  
Line Of Credit Facility Leverage Ratio                 13.9:1 7.3:1 6.2:1          
Line Of Credit Interest Coverage Ratio                   220 230 130        
Line Of Credit Facility Minimum Covenant       $500,000 per vessel                        
Line Of Credit Minimum Collateral Coverage Ratio1       100                        
Line Of Credit Minimum Collateral Coverage Ratio2       80                        
Line Of Credit Minimum Collateral Coverage Ratio3       70                        
Warrants Issued During Period       3,148,584                        
Common stock, par value (in dollars per share) $ 0.01 [1]   $ 0.01 [1] $ 0.01                        
Warrants Excercise Price       $ 0.01                        
Estimated Market Value Per Share To Excercise Warrants1       $ 10                        
Estimated Market Value Per Share To Excercise Warrants2       $ 12                        
Warrants Expiration Date       Jun. 20, 2022                        
Fair Value Of Warrants       6,300,000                        
Stock Price Assumption Under Monte Carlo Simulation       The assumptions used in the Monte Carlo simulation were the underlying stock price of $2.98.                        
Fair Value Assumptions, Risk Free Interest Rate       1.64%                        
Fair Value Assumptions, Expected Volatility Rate       79.30%                        
Fair Value Assumptions, Expected Term       10 years                        
Fair Value Assumptions, Expected Dividend Rate       0.00%                        
Line of Credit Facility, Interest Rate During Period             7.73% 2.71%                
Debt Instrument, Basis Spread on Variable Rate                             2.50%  
Long-term Debt, Weighted Average Interest Rate                             3.48%  
Interest Paid Excluding Capitalized Interest $ 19,722,475 $ 22,470,387     $ 22,470,387                      
[1] Adjusted to give effect to the 1 for 4 reverse stock split that become effective on May 22, 2012, see Note 1.