Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues, net of commissions	$ 29,846,038	$ 38,978,418	$ 118,021,488	$ 155,440,916
Voyage expenses	5,062,030	7,683,180	12,379,345	23,288,739
Vessel expenses	24,842,113	21,804,188	71,932,268	63,132,366
Depreciation and amortization	19,611,354	19,366,495	58,042,662	57,463,027
General and administrative expenses	6,566,185	2,946,267	12,832,270	10,878,601
Gain on time charter agreement termination		(3,564,771)		(32,526,047)
Total operating expenses	56,081,682	48,235,359	155,186,545	122,236,686
Operating income (loss)	(26,235,644)	(9,256,941)	(37,165,057)	33,204,230
Interest expense	12,312,139	20,729,626	60,466,686	61,957,771
Interest income	(1,369)	(3,321)	(8,125)	(71,775)
Other expense		7,646,805		10,613,082
Reorganization expenses	7,311,240		15,483,981
Total other expense, net	19,622,010	28,373,110	75,942,542	72,499,078
Net loss	$ (45,857,654)	$ (37,630,051)	$ (113,107,599)	$ (39,294,848)
Basic (in Shares)	19,172,717	16,986,395	17,785,290	16,973,813
Diluted (in Shares)	19,172,717	16,986,395	17,785,290	16,973,813
Basic net loss (in Dollars per share)	$ (2.39)	$ (2.22)	$ (6.36)	$ (2.32)
Diluted net loss (in Dollars per share)	$ (2.39)	$ (2.22)	$ (6.36)	$ (2.32)