Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Net loss	$ (67,249,945)	$ (1,664,797)
Depreciation	36,954,796	37,225,738
Amortization of deferred drydocking costs	1,476,512	870,794
Amortization of deferred financing costs	12,235,555	4,164,908
Amortization of fair value below contract value of time charter acquired		(10,280,559)
Payment-in-kind interest on debt	14,803,454	14,465,563
Investment and other current asset		(4,925,953)
Realized loss from investment		2,966,277
Proceeds from sale of investment		109,685
Gain on time charter agreement termination		(28,961,276)
Non-cash compensation expense	568,360	3,765,574
Drydocking expenditures	(2,391,412)	(1,438,299)
Accounts receivable	(4,526,474)	(3,669,546)
Other assets	(4,621,223)	(250,254)
Prepaid expenses	1,382,673	(575,820)
Inventories	935,100	268,014
Accounts payable	(966,434)	(1,998,985)
Accrued interest	10,622,948	(1,434,509)
Accrued expenses	4,501,795	(3,506,199)
Deferred revenue		(3,766,413)
Unearned revenue	(3,131,980)	149,704
Net cash provided by operating activities	593,725	1,513,647
Vessels and vessel improvements and advances for vessel construction	(149,756)	(92,100)
Purchase of other fixed assets	(36,445)	(3,787)
Changes in restricted cash		209,813
Net cash (used in)/provided by investing activities	(186,201)	113,926
Deferred financing costs		(48,000)
Cash used to settle net share equity awards		(78,535)
Net cash used in financing activities		(126,535)
Net increase in cash	407,524	1,501,038
Cash at beginning of period	19,682,724	18,119,968
Cash at end of period	$ 20,090,248	$ 19,621,006