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Interest expense and finance costs (Tables)
 12 Months Ended
Dec. 31, 2013
Interest expense and finance costs [Abstract]  
Interest Expense and Finance Costs
Interest expense and finance costs
 
 
 
  
  
 
 
 
For the year ended
 
 
 
Dec 31,2013
  
Dec 31,2012
  
Dec 31,2011
 
Interest incurred
  
5,063,418
   
3,248,789
   
3,333,941
 
Capitalized interest
  
(2,372,199
)
  
(537,322
)
  
(543,860
)
Amortization of deferred financing charges
  
772,787
   
254,547
   
290,391
 
 
            
 
  
3,464,006
   
2,966,014
   
3,080,472