Note 3 - Vessels (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Schedule Of Vessel And Vessel Improvements [Table Text Block]

Vessels and Vessel Improvements, at December 31, 2015	$	733,960,731
Purchase of Vessel Improvements		112,488
Depreciation Expense		(8,879,086	)
Vessel Impairment Charge		(6,167,262	)
Vessels and Vessel Improvements, at March 31, 2016	$	719,026,871