Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues, net of commissions	$ 38,978,418	$ 46,854,671	$ 155,440,916	$ 148,008,304
Voyage expenses	7,683,180	6,480,233	23,288,739	20,370,857
Vessel expenses	21,804,188	21,246,653	63,132,366	67,557,977
Charter hire expenses		1,104,571		1,711,144
Depreciation and amortization	19,366,495	19,389,042	57,463,027	58,250,356
General and administrative expenses	2,946,267	6,497,598	10,878,601	26,551,478
Gain on time charter agreement termination	(3,564,771)		(32,526,047)
Total operating expenses	48,235,359	54,718,097	122,236,686	174,441,812
Operating income (loss)	(9,256,941)	(7,863,426)	33,204,230	(26,433,508)
Interest expense	20,729,626	21,981,186	61,957,771	44,995,438
Interest income	(3,321)	(7,252)	(71,775)	(23,443)
Other (Income) expense	7,646,805		10,613,082	(1,028,375)
Total other expense, net	28,373,110	21,973,934	72,499,078	43,943,620
Net loss	$ (37,630,051)	$ (29,837,360)	$ (39,294,848)	$ (70,377,128)
Basic (in Shares)	16,986,395	16,821,024	16,973,813	16,153,184
Diluted (in Shares)	16,986,395	16,821,024	16,973,813	16,153,184
Basic net loss (in Dollars per share)	$ (2.22)	$ (1.77)	$ (2.32)	$ (4.36)
Diluted net loss (in Dollars per share)	$ (2.22)	$ (1.77)	$ (2.32)	$ (4.36)