Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Net income (loss)	$ (22,589,886)	$ 1,374,270
Depreciation	18,413,964	18,515,090
Amortization of deferred drydocking costs	663,849	421,487
Amortization of deferred financing costs	2,015,777	2,075,338
Amortization of fair value below contract value of time charter acquired		(10,280,559)
Payment-in-kind interest on debt	7,337,775	7,174,028
Investment and other current asset		(4,925,953)
Realized loss from investment		2,952,927
Gain on time charter agreement termination		(3,331,692)
Non-cash compensation expense	279,743	1,955,391
Drydocking expenditures	(870,303)	(681,628)
Accounts receivable	(2,524,494)	(1,451,069)
Other assets	(2,301,153)	(724,321)
Prepaid expenses	(2,317,078)	(710,477)
Inventories	2,875,171	(636,185)
Accounts payable	(1,804,245)	(2,092,635)
Accrued interest	(1,746)	(1,383,205)
Accrued expenses	1,520,243	(3,429,333)
Deferred revenue		(3,766,412)
Unearned revenue	(532,203)	193,777
Net cash provided by operating activities	165,414	1,248,839
Vessel improvements		(49,994)
Purchase of other fixed assets	(20,532)
Net cash used in investing activities	(20,532)	(49,994)
Deferred financing costs		(48,000)
Net cash used in financing activities		(48,000)
Net increase in cash	144,882	1,150,845
Cash at beginning of period	19,682,724	18,119,968
Cash at end of period	$ 19,827,606	$ 19,270,813