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Interest expense and finance costs (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jun. 30, 2011
Interest expense and finance costs [Abstract]        
Interest incurred $ 5,063,418 $ 3,248,789 $ 3,333,941  
Capitalized interest (2,372,199) (537,322) (543,860)  
Amortization of deferred finance charges 772,787 254,547 290,391  
Interest expense and finance costs 3,464,006 2,966,014 3,080,472  
Amount drawn down from loan facility       $ 32,400,000