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Note 3 - Vessels and Vessel Improvements (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Vessels and Vessel Improvements [Member] | Successor [Member]      
Vessels and Vessel Improvements     $ 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 $ 733,960,731 $ 834,052,684 733,960,731
Vessels and Vessel Improvements [Member]      
Vessel impairment charge     (50,872,734)
Successor [Member]      
Vessels and Vessel Improvements     834,052,684
Vessel impairment charge   (50,872,734)
Vessels and Vessel Improvements 733,960,731 $ 834,052,684 $ 733,960,731
Vessel impairment charge $ (50,872,734)