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Note 5 - Vessels, Net (Details) - Summary of Vessels (USD $) | 12 Months Ended
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Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Summary of Vessels [Abstract] |  |  |
Balance, January 1, 2012 | $ 307,131,051 | $ 326,449,124 |
Balance, January 1, 2012 | (100,196,305) | (89,385,246) |
Balance, January 1, 2012 | 206,934,746 | 237,063,878 |
Balance - Costs | 137,960,194 | 307,131,051 | 326,449,124
Balance - Accumulated Depreciation | (32,496,457) | (100,196,305) | (89,385,246)
Balance - Net Book Value | 105,463,737 | 206,934,746 | 237,063,878
Depreciation for Year - Accumulated Depreciation | (19,983,772) | (17,385,608) | (18,348,556)
Depreciation for Year - Net Book Value | (19,983,772) | (17,385,608) | (18,348,556)
Sale of Vessels - Costs | (20,272,071) | (19,318,073) |
Sale of Vessels - Net Book Value | (9,257,837) | (12,743,524) |
Sale of Vessels - Accumulated Depreciation | 11,014,234 | 6,574,549 |
- Purchase of vessels | 5,978,062 |  |
- Purchase of vessels | 5,978,062 |  |
- Impairment loss | (154,876,848) |  |
- Impairment loss | (78,207,462) |  |
- Impairment loss | $ 76,669,386 |  |

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- Definition Amount of write-down of assets before accumulated depreciation. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + References No definition available. + Details
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- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 14 -Article 5 + Details
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- Definition The decrease in accumulated depreciation, depletion and amortization (relating to property, plant and equipment) as a result of sales or disposals of property, plant and equipment during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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- Definition Amount of acquisition of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. + References No definition available. + Details
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- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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