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Note 9 - Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Long-term Debt Instruments [Table Text Block]
Borrower
   
December 31, 2011
   
December 31, 2012
 
Alterwall Business Inc./
Allendale Investments S.A
 
(a)
    -       -  
Xenia International Corp
(b)
    2,420,000       -  
Prospero Maritime Inc.
(c)
    6,325,000       4,675,000  
Xingang Shipping Ltd. / Alcinoe Shipping Ltd
(d)
    7,000,000       6,000,000  
Manolis Shipping Ltd.
(e)
    7,120,000       6,480,000  
Trust Navigation Corp. / Tiger Navigation Co.
(f)
    2,200,000       2,000,000  
Saf-Concord Shipping Ltd.
(g)
    7,250,000       6,250,000  
Eleni Shipping Ltd.
(h)
    8,400,000       7,000,000  
Pantelis Shipping Corp.
(i)
    9,600,000       8,480,000  
Aggeliki Shipping Ltd.
(j)
    7,288,000       6,076,000  
Noumea Shipping Ltd.
(k)
    17,310,000       14,620,000  
        74,913,000       61,581,000  
Less: Current portion
      (13,332,000 )     (15,937,000 )
Long-term portion
    $ 61,581,000     $ 45,644,000  
Schedule of Future Annual Loan Repayments [Table Text Block]
To December 31:
     
2013
    15,937,000  
2014
    12,862,000  
2015
    16,612,000  
2016
    12,170,000  
2017
    4,000,000  
Thereafter
    -  
Total
  $ 61,581,000