Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Net loss	$ (113,107,599)	$ (39,294,848)
Depreciation	55,670,788	56,129,127
Amortization of deferred drydocking costs	2,371,874	1,333,900
Amortization of deferred financing costs	16,278,544	6,271,128
Amortization of Debtor-In-Possession deferred financing costs	576,923
Amortization of fair value below contract value of time charter acquired		(10,280,559)
Payment-in-kind interest on debt	17,858,132	21,724,749
Investment and other current asset		(4,925,952)
Realized loss from investment		10,613,082
Gain on time charter agreement termination		(29,033,503)
Allowance for accounts receivable	1,824,519
Non-cash compensation expense	765,339	4,328,178
Drydocking expenditures	(4,008,903)	(2,378,717)
Reorganization items, non-cash	3,107,207
Accounts receivable	(2,846,887)	(1,840,197)
Other assets	(3,702,486)	(4,132,227)
Prepaid expenses	1,584,689	216,427
Inventories	(972,777)	(27,883)
Accounts payable	(826,763)	702,955
Accrued interest	(63,955)	(2,162,321)
Accrued interest subject to compromise	15,102,925
Accrued expenses	2,238,703	(4,448,680)
Deferred revenue		(3,766,413)
Unearned revenue	(2,944,853)	628,764
Net cash used in operating activities	(11,094,580)	(342,990)
Proceeds from sale of investment		2,199,243
Vessels improvements	(149,756)	(92,100)
Purchase of other fixed assets	(190,530)	(41,630)
Changes in restricted cash		209,813
Net cash (used in)/provided by investing activities	(340,286)	2,275,326
Debtor-In-Possession loan	25,000,000
Deferred financing costs	(750,000)	(48,000)
Cash used to settle net share equity awards		(78,535)
Net cash provided by/(used in) financing activities	24,250,000	(126,535)
Net increase in cash	12,815,134	1,805,801
Cash at beginning of period	19,682,724	18,119,968
Cash at end of period	$ 32,497,858	$ 19,925,769