Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues, net of commissions	$ 42,380,059	$ 44,240,145	$ 88,175,450	$ 116,462,498
Voyage expenses	3,480,037	7,400,902	7,317,315	15,605,559
Vessel expenses	24,512,637	20,833,766	47,090,155	41,328,178
Depreciation and amortization	19,353,495	19,159,955	38,431,308	38,096,532
General and administrative expenses	3,143,152	4,815,997	6,266,085	7,932,334
Gain on time charter agreement termination		(25,629,584)		(28,961,276)
Total operating expenses	50,489,321	26,581,036	99,104,863	74,001,327
Operating income (loss)	(8,109,262)	17,659,109	(10,929,413)	42,461,171
Interest expense	28,380,928	20,689,110	48,154,547	41,228,145
Interest income	(2,872)	(4,284)	(6,756)	(68,454)
Other expense		13,350		2,966,277
Reorganization expenses	8,172,741		8,172,741
Total other expense, net	36,550,797	20,698,176	56,320,532	44,125,968
Net loss	$ (44,660,059)	$ (3,039,067)	$ (67,249,945)	$ (1,664,797)
Basic (in Shares)	17,079,991	16,968,750	17,080,079	16,967,418
Diluted (in Shares)	17,079,991	16,968,750	17,080,079	16,967,418
Basic net loss (in Dollars per share)	$ (2.61)	$ (0.18)	$ (3.94)	$ (0.10)
Diluted net loss (in Dollars per share)	$ (2.61)	$ (0.18)	$ (3.94)	$ (0.10)