Note 3 - Vessels (Tables)

12 Months Ended

Dec. 31, 2015

Notes Tables

Schedule Of Vessel And Vessel Improvements [Table Text Block]

		Successor
Vessels and Vessel Improvements, at December 31, 2014	$	834,052,684
Purchase of Vessel Improvements		1,662,031
Disposal of Vessel		(9,932,217	)
Depreciation Expense		(40,949,033	)
Vessel impairment charge		(50,872,734	)
Vessels and Vessel Improvements, at December 31, 2015	$	733,960,731