Note 10 - Derivative Instruments and Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

Derivatives not designated as hedging instruments	Location of loss recognized	Amount of Loss				Amount of Loss
		Successor						Predecessor
		For the year ended December 31, 2016		For the year ended December 31, 2015		October 16, 2014 to December 31, 2014		January 1, 2014 to October 15, 2014
FFAs	Other expense	$	561,495	$	-	$	-	$	-
Total		$	561,495	$	-	$	-	$	-