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Earnings / (Loss) per Share (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings / (Loss) per Share [Abstract]  
Schedule of Earnings / (Loss) per share
 
 
Six month period ended June 30,
 
 
 
2015
 
 
2016
Income / (Loss) :
 
 
 
 
 
 
Net income / (loss)
 
$
(105,197
 ) 
$
(81,696
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings / (loss) per share:
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
 
34,347,332  
 
 
43,880,713  
Basic earnings / (loss) per share
 
$
(3.06)  
 
$
(1.86)  
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Dillutive effect of non vested shares
 
 
                          -   
 
 
                          -   
Weighted average common shares outstanding, diluted
 
 
34,347,332  
 
 
43,880,713  
 
 
 
 
 
 
 
Diluted earnings / (loss) per share
 
$
(3.06)
 
$
(1.86)