v2.4.0.6
Consolidated Statements of Operations (USD $)
 3 Months Ended 12 Months Ended
Dec. 31, 2009
Dec. 31, 2011
Dec. 31, 2010
Revenues   $ 43,492,085 $ 32,558,648
Operating expenses:      
Voyage expenses   61,336 166,997
Voyage expenses to Parent   559,872 422,129
Vessel operating expenses   16,004,698 8,198,378
General, administrative and technical management fees 15,820 5,585,205 5,044,135
Management fees to Parent   2,463,750 1,228,500
Depreciation   14,768,703 7,358,789
Other operating income     (206,000)
Total operating expenses 15,820 39,443,564 22,212,928
Operating income (loss) (15,820) 4,048,521 10,345,720
Other (expense) income:      
Other expense   (32,508) (27,253)
Interest income   9,349 236,451
Interest expense   (4,421,915) (2,154,743)
Other expense, net   (4,445,074) (1,945,545)
(Loss) income before income taxes (15,820) (396,553) 8,400,175
Income tax expense   (34,559) (77,740)
Net (loss) income $ (15,820) $ (431,112) $ 8,322,435
Net (loss) income per share of common and Class B stock:      
Net (loss) income per share-basic (in dollars per share)   $ (0.02) $ 0.46
Net (loss) income per share-diluted (in dollars per share)   $ (0.02) $ 0.46
Net loss per share of Capital Stock - basic and diluted (in dollars per share) $ (158.20)    
Dividends declared and paid per share of common and Class B Stock (in dollars per share)   $ 0.45 $ 0.32