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Interest expense and finance costs
 9 Months Ended
Sep. 30, 2015
Interest Expense And Finance Costs [Abstract]  
Interest And Finance Cost
4.              Interest expense and finance costs
 
 
Nine months ended
 
 
 
Sep 30, 2015
 
Sep 30, 2014
 
Interest incurred
 
9,023,901
 
5,032,293
 
Capitalized interest
 
(2,266,311)
 
(2,744,165)
 
Amortization of deferred financing charges
 
1,188,099
 
658,624
 
 
 
7,945,689
 
2,946,752
 
 
Capitalized interest relates to the interest which can be capitalized under the Company’s vessels under the Company’s construction policy.